Lynch Foundation puts up $500K challenge for skateboard park


by Jesse Noyes, Boston Business Journal

Peter Lynch is still flipping for a new skateboarding park in Boston.

The Lynch Foundation, which is headed up by former Fidelity Investments manager Peter Lynch and his wife, Carolyn, is donating $500,000 to the nonprofit Charles River Conservancy (CRC) for the construction of a skateboard park under the Zakim Bridge.

The Lynch’s had already donated $100,000 to the park, which the CRC is billing as a future safe haven for youth in Boston and Cambridge.

The additional $500,000 grant is also a challenge issued to CRC, since the money is contingent on the organization raising an additional $100,000.

Renata von Tscharner, president and founder of CRC, is sure the extra $100,000 will come in. “We are confident that now that we are close to the end there were will be generous skateboarding partners and organizations,” he said.

Thus far CRC has received donations from more than 20 foundations and 300 individuals and other organizations, including the state of Massachusetts, the city of Cambridge and the Boston Redevelopment Authority, von Tscharner said. In all, more than $2 million has been raised, she said, adding that the Lynch Foundation has been the largest single donor.

CRC hopes to break ground in March. Project planners say that event couldn’t come soon enough for the kids wanting to get access to the park. “If you are a 13 year old, you would like that skate park to be built right away,” von Tscharner said.

Comments are closed.