St. Paul Capitals Legacy Fund
What is the St. Paul Capitals Legacy Fund?
As part of our 50th anniversary celebration in 2024 we announced the formation of the St. Paul Capitals Legacy Fund.
This is a fund has been created to make hockey more affordable and sustainable for the next 50 years. Money raised through fundraising efforts will be directed towards this fund. The fund will be overseen by the board and an investment committee made up of board members and local volunteers that have an interest in seeing hockey not just survive but thrive in our community. The committee will invest proceeds from fundraising within an investment portfolio in order to maximize long-term total return while balancing risk.
A portion of the income earned will be distributed each year and used to bring down the cost of hockey for all players.
The remainder of the income earned is reinvested to generate growth. A gift today is a gift that will live on into the future. With time and compound interest this fund will continue to grow. The principle could only be used in an emergency situation and by approval of the board. Over time the fund's growth will help keep hockey fees flat and ultimately lower the price of hockey for our community over the next 50 years. To help understand below is an illustration to show you the power of the growth and distributions over time.
For more information on how this fund/endowment works or to make a gift click on the links below.
Endowment/Fund Frequently Asked Questions