7. EDSR 08-13-2012 - Laserfiche WebLink

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Initiative FOUNDATION Annie Deckert July 13, 2012 Elk River Economic Development Authority 13065 Orono Pkwy Elk River, MN 55330-5600 Dear Ms. Deckert and members of the Elk River EDA, Please consider this letter as the Initiative Foundation's sincere thank-you for your past support and a request for continued support in 2013, which will be immediately doubled by a matching grant from The McKnight Foundation. As you may know, the Initiative Foundation supports local government's critical role to ensure an environment that fosters engaged citizens, thriving communities and a strong economy. Unfortunately, the recession is not over for many families. That's why our five-year strategic goals are focused on economic growth and quality job creation: Resilient Businesses •Secure 1,500 quality jobs that pay at least $35,000 per year with benefits •Invest in economic drivers like technology and manufacturing Thriving Communities • Enhance quality of life, natural resources and recreational amenities • Build a world-class workforce, starting with early childhood and youth Effective Organizations •Strengthen nonprofit ability to navigate the new economy and reduce employment barriers •Improve fiscal health of nonprofits that provide critical safety nets Local Philanthropy • Help donors create charitable funds and facilitate complex gifts that benefit local projects For more than 25 years, the Foundation has responded to requests for assistance in central Minnesota. When organizations wish to advance an important project, we respond with grants and training. When businesses wish to expand, we respond with financing and consulting. When communities need an ally, we respond by engaging local citizens and building public-private partnerships that lead to results. To support our critical work in economic growth and recovery, we respectfully request consideration for an investment of$2,500 in 2013. An Initiative Foundation contribution earns a substantial return on investment. For every local dollar contributed, the Foundation has returned $5.33 back to Sherburne County in grants, loans and scholarships. Please sign the commitment card below and return in the enclosed envelope. Again, thank you for your consideration and continued support of our work in Elk River EDA. Please contact us with questions or to request a staff presentation. Sincerely, y7A5( Kathy Gaalswyk Matt Kilian President Vice President for External Relations ii 4 - - ifound org IWO _ Our business is your community.