Thursday, July 20, 2006

We'll Get Our Iconic Arena


My last post was about foundation money coming for river development. That foundation is the George Kaiser foundation with over $1 billion in assets. To top off the funds necessary to complete the BOK arena, the Kaiser foundation will provide a 'loan' of $10 million. The rest is from 2025 overages (over taxation?).
KOTV reports it like this: http://www.kotv.com/news/?107754

What I had heard was money coming for river development. A $10 million grant has also been made to get that started. At assets of over $1 billion, the foundation should be able to throw off enough every year to fully fund river development over the next several years. Anyone have info about that happening?

A long but interesting read on the Kaiser Foundation at the NCRP (National Committee for Responsive Philanthropy) is here: http://www.ncrp.org/042505.asp

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home