Laserfiche WebLink
0 <br />Initiative , <br />FOUNDATION <br />www.ifound.org <br />Mayor Nancy Adams <br />City of Pequot Lakes <br />4638 County Road 1 I <br />Pequot Lakes, MN 56472 -3385 <br />RE: 2011 Budget Request for Initiative Foundation Support of $500. <br />Dear Mayor Adams and Members of the Pequot Lakes City Council, <br />June 25, 2010 <br />The past two years will be "writ large" in our hearts and minds for generations to come. As we continue to navigate in <br />the wake of an economic storm, it is gratifying to see signs of recovery. With the help and support of many central <br />Minnesota friends, the Initiative Foundation has provided technical assistance to struggling businesses, focused our <br />discretionary grant- making on helping displaced workers and families in crisis, and worked hard to continue providing <br />loans and support to get the economy back on track. <br />Sadly, like many of you, we were forced to accomplish this while freezing salaries for a second consecutive year, <br />reducing staff levels, setting aside important and long- planned projects, and furloughing hours for a number of our <br />employees. But as ever ... we are still here and still fighting for central Minnesota's home towns! <br />As we continue working together to build strong communities with vibrant local economies, please be mindful of the <br />Initiative Foundation's impact on you and your constituents (details are enclosed): <br />❖ Our business financing programs have helped to secure 1,534 quality jobs in Crow Wing County. <br />❖ Leadership programs and grants have encouraged citizen engagement, provided a safety net for important <br />nonprofit organizations, and helped preserve the region's precious natural resources. <br />Early childhood and youth leadership efforts helped prepare central Minnesota's future workforce, <br />❖ Donors in Crow Wing County have received a 664% return on their Initiative Foundation investments, in the <br />form of grants and economic development loans. <br />We've been serving the City of Pequot Lakes and all of Crow Wing County for nearly twenty-five years with a <br />mission that demands nothing more —and nothing less —than healthy, sustainable communities. Will you help us <br />continue this important work? Please note especially that your gift will leverage an immediate dollar-for-dollar <br />match from The McKnight Foundation! <br />We respectfully ask that you consider our request for $500 from the City of Pequot Lakes in 2011. <br />Thank you for your consideration! <br />S' cerely, <br />L n <br />Manson <br />Vice President for Donor Services <br />cc: Lee Hanson, Chair, Initiative Foundation Board of Trustees <br />Kathy Gaalswyk, President <br />Enclosures <br />X05 hr-s' S± SE - 'µi2 i ..II,. �" 56145 - �w.i�j� .yi;r� rnu,..' 1 munrrnnin, i r nnar N- <br />�nrt ti.,, <br />1 GIIJ. 1 IIV 'I� <br />- i I i- ..... I __.. ... .�........ �., .�. �.. .rig <br />