is a not for profit organization that focuses on providing financial assistance to local sports programs and organizations. Fredericton Sports Investment started as a group of local hockey supporters who banded together to operate the Fredericton Jr. The major fund raising initiative was an auction at which the public could bid on various items donated by local merchants. After only two years the
league folded, but FSI continued its annual fund raising activities, with the proceeds going to support "minor hockey and other young athletes and teams". The format was changed to a Dinner/Auction in 1990, hi-lited by a "name" guest speaker. This change proved to be very successful with gross revenues steadily increasing from $31,000 in 1990 to over $229,000 in 2011. Jim Ralph, Jacques Demers, Harry Neal, Ron MacLean, Brian Burke, Dennis Hull, Willie O'Ree, Dale Hawerchuk, Rod Black plus our own Marianne Limpert and Matt Stairs, are among those who have graced our head table. FSI has, from the 31 auctions, returned over $2.6 million to this community. While most of the funds are distributed to hockey players and teams, FSI has, during the last decade, made over 500 grants in 44 other sports as well. FSI administers two special endowment funds - The Timmy Munn Memorial Scholarship Fund and the Timmy Munn Needy Kids Fund. The former provides financial support for university freshmen while the latter provides funds for kids who can not afford to play their sport. Both funds are in memory of deceased hockey player Timmy Munn, and were established from the sales of a series of limited edition hockey prints donated to FSI by Tim's mother, celebrated artist Catherine Karnes Munn. Another initiative of FSI is the Fredericton Sports Wall of Fame, inaugurated in 1992, which is permanently displayed in the Delta Hotel. Every May, a reception and dinner are held to honour and induct the successful nominees, who now total 64 Athletes, 52 Builders and 17 Teams. At that event we also recognize Fredericton's Athlete of the Year with the Myer and Jack Budovitch Trophy, and long time sports volunteers with the Bill MacGillivary Volunteer Award. FSI has a volunteer board of 36 local businesses, professional and retired individuals who give of their time to support the youth of this community.
