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HomeMy WebLinkAbout[09c] Initiative Foundation - Funding Requestcrry W S'C, WKrH MEETING DATE: June 3, 2010 Council Agenda Item 9(c) AGENDA ITEM: Initiative Foundation — Funding Request SUBMITTED BY: Administration BOARD /COMMISSION /COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: During the budget process, the Council did not budget for support for the Initiative Foundation. Until the Governor's Unallotement, the City did financially support the Initiative through the budget process. BACKGROUND INFORMATION: In the event that someone was not familiar with the Initiative Foundation attached is the "About Us" from their website. The City has participated in the Healthy Community Partnership, which resulted in the funding of the Farmer's Market that is still going strong today. BUDGET /FISCAL IMPACT: $ 1,500 unbudgeted expenditure ATTACHMENTS: Council Request for Action 9(c):1 Initiative Foundation Letter of Request 9(c):3 Initiative Foundation Information 9(c):4 REQUESTED COUNCIL ACTION: The Council should either affirm the budget decision to not fund the request or to fund the request determining the source of revenue. 9(c):1 THIS PAGE INTENTIONALLY LEFT BLANK 9(c):2 May 19, 2010 Ms. Judy Weyrens City of Saint Joseph 25 College Ave N PO Box 668 Saint Joseph, MN 56374 -0668 Dear ML -�ms, 1, 1� ,EIV mp 2010 INITIATIVE FOUNDATION The purpose of this letter is to follow up on our request for support from the City of Saint Joseph for calendar year 2010. The economic crisis that began nearly two years ago has left a wound that is slow to heal. While we dig our way toward recovery, I hope you are pleased at the Initiative Foundation's continued relentless efforts to "help people help themselves" in building strong, healthy home towns. Amid our own budget cuts, wage freezes, downsizing and employee furloughs, the foundation continued to serve central Minnesotans with a mission that is focused solely on economic vitality and a great quality of life. Since 1986 we have put more than $57.3 million to work here in our 14- county region in the form of business financing loans, grants to nonprofits and governmental units, and scholarships (through donor- designated funds). In addition, nearly 5,000 local citizens have received leadership training through one or more of the foundation's signature programs. The Initiative Foundation is truly your resource for community and economic development. Tough times unite us and sharpen our focus. For every local dollar received by the foundation since its inception, an average of $5.60 is directly reinvested in this region. You truly have the power to leverage outside investment in central Minnesota through the Initiative Foundation's mission and work. We respectfully ask that you consider our 2010 request of $1,5W. If this amount or another amount has been approved, please consider this letter a request for payment. Your gift does directly impact your community, neighbors, and friends. THANK YOU for thoughtfully considering support for the Initiative Foundation's important mission and work. cerely, urt Hanson Vice President for Donor Service cc: Kathy Gaalswyk, President PS: The Initiative Foundation will be sending a 2011 Budget Request to the City by mid -June 2010. 105 PiHS'r Srrcr�c'r SE Lrrri_e EALLs. MN 563451' WNW. 11 OUNn.oriu j 'HONE: 320.632.9255 9(c):3 Initiative Foundation - About Us Initiative'r-7 11 0 U _.\7 1) AA I () N About Us > Focus Areas Service Area & Impact Board of Trustees Staff Annual Reports & Financials Initiative Awards Meeting Rooms Driving Directions Employment Logos Privacy Statement Contact Us Grants > Nonprofits > Businesses > Communities > Natural Resources > Children, Youth & families Donor Services > Join Our E -mail List Email: I Join j 7th Annual Business Financing Fishing Trip Home About t1s Mission To unlock the power of central Minnesota people to build and sustain healthy communities. Who We Are The Initiative Foundation exists for one purpose, to improve the quality of life in central Minnesota. At the core of our work is the belief that local people possess the talent, passion and ability to achieve a brighter future. Our programs and investments strive to give every person an opportunity to contribute to a shared vision and plan of action that strengthens community character and relationships. The Initiative Foundation is an action -driven catalyst and convener, bringing people together to spark meaningful discussions and partnerships. Relentlessly focusing on assets (what we have rather than what we lack), our success depends on the integrity of a shared vision and plan, the development of capable leaders, and the emergence of dedicated volunteers. We measure our success through changed lives and tangible, visible progress. Because quality of life is determined by many factors, and each community has its own assets and challenges, we intentionally pursue a broad Ask us anything or offer an opinion. We spectrum of focus areas. We believe the following elements represent the will e-mail our response in 48 hours or most effective use of our resources to achieve long -term results: less. E -Mail: Questions / Comments: Enter the code from the image: http : / /ifound.org /aboutus_index.php • Leadership Training - Build the skills and confidence of established and emerging servant leaders as they guide their community or organization toward a shared vision and plan of action. • Financial Investments - Nonprofit grants and business investments that advance the shared vision and plan, foster relationships, inspire volunteerism and generate local financial support. • Staff Assistance - Provide ongoing support, encouragement and expert consulting to leaders and volunteers as they implement their shared vision and plan. • Resource Referral - Connect leaders and volunteers to other sources of assistance and funding. Our Core Values • Our primary resources are local people who are inspired to invest their time, talents and assets. • Collaboration, interdependence and partnerships among organizations, people and communities are critical to realizing a shared vision. 9(c):4 Initiative Foundation - About Us SUBSCRIBE ADVWME Initiative Foundation 405 First Street SE PH: (877) 632 -9255 Little Falls, MN 56345 FX: (320) 632 -9258 http : / /ifound.org /aboutus_index.php • Civic participation is the most precious component of an enlightened, healthy community. . Success is multiplied by embracing diversity across age, class, culture and ability level. . Creativity, innovation and risk - taking are essential for the discovery of new ideas. • Endeavors must be fluid, responsive and readily adaptable to address ever - changing community concerns. • A strong leadership organization must perceive and embrace its social responsibility to introduce, promote and defend pioneering ideas. • Sustainability and long -term effectiveness are integral factors in weighing community initiatives and investments. Our History Created in 1986 by a partnership of local people and The McKnight Foundation, the Initiative Foundation is one of six Minnesota Initiative Foundations (MIFs) serving greater Minnesota. The MIFs were originally formed to address economic issues related to rural flight, poverty and downtown decline, which were prevalent during the mid- 1980s. Today, the MIFs work to make the six regions outside the metropolitan area stronger and more prosperous. Each foundation's priorities are decided by the people in its own region, with grants and loans supporting such issues as economic development, leadership development, community building, and families, youth and seniors. > MIF Fact Sheet , AKF principles y for Orontmokers Site Map I Contact us The Initiative Foundation is an equal opportunity lender, provider and employer. © 2006. All Rights Reserved. 9(*5