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Home My WebLink About[10a] Initiative FoundationCITY OF KT. JOSKPH MEETING DATE: April 7, 2011 Council Agenda Item 10(a) AGENDA ITEM: Administrator Reports — Imitative Foundation SUBMITTED BY: Administration BOARD /COMMISSION /COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: In the past years the City Council has contributed to the Initiative Foundation in the amount of $1500. BACKGROUND INFORMATION: The City Council included $ 1500 in the 2011 Budget for the Initiative Foundation and at this time the Foundation has sent a request for funding. The request is based on the budget inclusion. BUDGET /FISCAL IMPACT: $ 1,500.00 ATTACHMENTS: Request for Council Action ............................... 10(a):1 -2 Email Requesting funding ....... ............................... 10(a):3 Request Form .......................... ............................... 10(a) :4 Fact Sheet about Foundation .............................. 10(a):5 -6 REQUESTED COUNCIL ACTION: Authorize payment in the amount of $ 1500 to the Initiative Foundation 10(a):1 THIS PAGE INTENTIONALLY LEFT BLANK 10(a):2 Judy Weyrens From: Mary Bauer iMBauer @ifound.orgj Sent: Tuesday, March 15, 2011 3:36 PM To: Judy Weyrens Subject: Initiative Foundation funding request Attachments: St Joseph 2011 Status Form.doc Judy, This email contact is a follow -up to my voice mail message. Thanks for all of your support of our work in the St. Joseph area. We are fortunate to have your partnership and we are grateful to the St. Joseph Mayor and Council for their support as well. Attached please find the docUmentation form that I referred to in my message. Please complete and return to me by April 1, 2011. We greatly appreciate your consideration and support. Also, please contact me as soon as you can if your Mayor and City Council members would favor a presentation summary of the ROI and perhaps a brief discussion relative to local economic development. Thank you, Judy, and please contact me (cell 320 - 761 -0649) if I can be of further assistance. Mary Bauer Development Officer Initiative Foundation 1405 Ist St SE I Little Falls, MN 56345 320 - 632 -9255 1 www.ifound.org 25 Years of Unlocking the Power Created to fight an economic recession. Still fighting 25 years later... Initiative Foundation 25th Anniversary: 1986 -2011 NOTICE: This e-mail (including attachments) is covered by the electronic Communications Privacy Act, 18 U.S.C. §§ 2510 -2521; This email is confidential and may be legally privileged. If you are not the intended recipient, you are hereby notified that any retention, dissemination, distribution, or copying of this communication is strictly prohibited. Please reply to the sender that you have received the message in error, then delete it. Thank you. 10(a):3 Initiative Foundation 2011 Budget Request Status Form Please indicate below the results of the budget committee decision regarding support for our Foundation. City of St. Joseph ❑ Request Approved ❑ Request Denied Date action taken by City Board $ Total commitment for 2011 $ by 6/30/11 or by (your preferred payment schedule) Signature , (Title) Thank you for considering this request. We look forward to your partnership and support in 2011. Email: kriitters ar ifound.org Phone: 1- 877 - 632 -9255, ext 2007 Fax: 1- 320 - 632 -9258 Mail: 405 First St. SE, Little Falls, MN 56345 10(a):4 Initiative Foundation - About Us Page 1 of 2 Focus Areas Service Area & Impact Board of Trustees Staff Annual Reports & Financials Initiative Awards Meeting Rooms Driving Directions Employment Logos Privacy Statement Contact Us i ants °,, onpio its w= Businesses �. 0ommnnities Natural Res umes Dhildi en, Youth & Families Donor services > Join Our E -mail List Email: ! 101n Ask us anything or offer an opinion. We will e-mail our response in 48 hours or less. E -Mail: Questions / Comments: About t s 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. Because quality of life is determined by many factors, and each community has its own assets and challenges, we intentionally pursue abroad spectrum of focus areas. We believe the following elements represent the most effective use of our resources to achieve long -term results: • 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 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 Enter the code from the image: 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 Higher Standards 10(a):S http:// www .ifound.org /aboutus_index.php 4/4/2011 Initiative Foundation - About Us Page 2 of 2 MNATIONAL In 2010 the STANDARDS' Initiative — — I Foundation joined the ranks of only 200 nationally accredited community foundations in the United States. What does this mean? Service. Integrity. Trust For those we serve and those who invest in us. sty B30HU ADVEMUE The National Standards Seal by our name indicates official confirmation from the Council on Foundations that we have met the most rigorous standards in philanthropy. It affirms our commitment to financial security, transparency and accountability. It says our grantmaking includes an open, competitive process designed to address the changing needs of our community. The National Standards for U.S. Community Foundations Program was established in 2000 in cooperation with the Council on Foundations. The 43 National Standards require that the Initiative Foundation document its policies in donor services, investment management, grantmaking and administration and submit its organizational and financial policies and procedures to a rigorous peer review. Initiative Foundation 405 First Street SE PH: (877) 632 -9255 Little Falls, MN 56345 FX: (320) 632 -9258 http://www.ifound.org/aboutus—index.php u� MCF Principles for Grantmakers Site Map I Contact Us The Initiative Foundation is an equal opportunity lender, provider and employer. O 2006. All Rights Reserved, 10(a):6 4/4/2011