3. EDSR 07-21-2014 - Laserfiche WebLink

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(320)632-9255 405 First Street SE • Initiative ..,„,' , Little Falls MN 56345 FO UNOAT1ON .,, June 20,2014 ifound.org Brian Beeman Elk River EDA 13065 Orono Pkwy NW EDA, MN 55330-5600 Dear Mr Beeman and members of the Elk River EDA, Your support is an integral part of what we do to stimulate business growth,create quality jobs and ensure a climate for economic success.The Central Minnesota economy is showing increased signs of health, and we believe that 2015—with the right partnerships and investments—will be a strong year for business expansion and hiring. For nearly three decades the Foundation has responded to requests for assistance in Central Minnesota. When organizations want to advance an important project, we respond with grants and training. When businesses work to expand, we respond with financing and support. When communities need an ally,we engage local citizens and facilitate public-private partnerships that lead to results. Our community,organizational and economic development work is supported by a spectrum of public and private donors who partner with the Foundation to build thriving communities.All of our grant- making, lending and leadership development activities are designed to create a skilled workforce;to make Central Minnesota a destination of choice to live,work and play;and to inspire people to share their time, talent and resources. To support our critical work in economic growth and community enhancement,we respectfully request consideration for an investment of$2,500 in 2015. An Initiative Foundation contribution earns a substantial return on investment. For every local dollar contributed,the Foundation has returned$5.72 back to Sherburne County in grants, loans and scholarships. After your budget is finalized,would you please sign the enclosed commitment form and return it in the postage-paid envelope?Again,thank you for your consideration and support of our work in the City of Elk River. Please contact us with questions or to request a staff presentation. Sincerely, r -- Kathy Gaalswyk Eric Stommes President Vice President for External Relations ril Powering Possible Equal opportun ty lender provider and rmp dyer