T. Rowe Price chips in to keep Baltimore pools open
Good for T. Rowe Price, one of the outstanding corporate citizens of Baltimore. The firm is putting up $117,000 to help keep Baltimore pools open for the summer, along with "a major Baltimore City individual" who put up $300,000. The individual wants to remain anonymous.
“We are pleased to help keep the City's swimming pools open during this particularly hot summer,” said James A.C. Kennedy, chief executive officer and president of Baltimore-based T. Rowe Price Group.
Here is the whole press release:
BALTIMORE, MD. (August 11, 2010)—Mayor Stephanie Rawlings-Blake thanked a major Baltimore City individual and the T. Rowe Price Foundation for their unsolicited donations, $300,000 and $117,000 respectively, to the Baltimore Community Foundation to fund continued operations of all City park pools through Labor Day. With these generous donations, pools at
Cherry Hill, Roosevelt, Patterson Park, Riverside, and Clifton Park will be open today. Both donors urge other local businesses to provide the additional $177,000 needed to keep 13 neighborhood walk-to pools open as well. Individuals or businesses should call Gregory Bayor, Director of the Department of Recreation and Parks at (410) 396-6132. Earlier this week, the Mayor announced an unsolicited donation of $90,000 from Grant Capital Management, Inc. to keep the Druid Hill Park Pool open. “I am grateful for these generous gifts to help Baltimore City’s youth and families enjoy the rest of their summer in a cool and safe place,” Mayor Rawlings-Blake said. “In a year when the City is facing serious budgetary challenges, it is refreshing to see that Baltimore business leaders are willing to take concrete action.” “We are pleased to help keep the City's swimming pools open during this particularly hot summer,” said James A.C. Kennedy, chief executive officer and president of Baltimore-based T. Rowe Price Group. Each park pool is able to serve as many as 1,200 citizens on a daily basis. Admission is $1.50 per two-hour session. Residents may also visit three indoor pools at Callowhill, Cherry Hill, and Chick Webb Aquatics Centers. For pool operating hours, please contact the Aquatics Division at (410) 396-3838.
Comments
I am glad to see one of our corperate residents step up to the plate!
Posted by: Rob | August 11, 2010 2:49 PM
Another great example of giving by T Rowe Price!
Posted by: dp | August 11, 2010 3:35 PM
Why on earth does it cost $90,000 to keep ONE pool open for ONE month??
Posted by: Joan | August 11, 2010 3:49 PM
Joan has obviously never paid the salaries for lifeguards, maintenance, and other personnel; and that's on top of cost of electricity, chemicals, food, water, insurance, and so forth.
Other than that, I can't imagine why the price tag would be so high.
Posted by: Stagger Lee | August 11, 2010 4:06 PM
Those evil corporations!!!!
Posted by: Frank Rizzo | August 11, 2010 5:24 PM
I would just like to say from all of us in the South Baltimore area that we are greatful for the remain opening of Splash Park in Cherry Hill. Our kids were kept positive and active when the pool was open. We thank you so much.
A Proud Mother
Posted by: Tammi M | August 11, 2010 5:49 PM