The City of Waukee (Iowa) and the Waukee Betterment Foundation announced that Greater Iowa Credit Union will be the sole naming rights sponsor of Waukee’s Miracle League™ ball field, which is slated to open in 2022.
Greater Iowa Credit Union donated $250,000 to the project.
But it seems to me that the credit union received something in value --- the naming rights to the ball field -- in return for the funds. So, is this really a donation.
Read the press release.
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