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11�0 <br /> (320)632-9255 <br /> 405 First Street SE <br /> Little Falls,MN 56345 <br /> June 20, 2014 <br /> ifound.org <br /> Brian Beeman <br /> Elk River EDA <br /> 13065 Orono Pkwy NW <br /> EDA, MN 55330-5600 <br /> Dear Mr Beeman and members of the Elk River EDA, <br /> Your support is an integral part of what we do to stimulate business growth, create quality jobs and <br /> ensure a climate for economic success.The Central Minnesota economy is showing increased signs of <br /> health, and we believe that 2015—with the right partnerships and investments—will be a strong year <br /> for business expansion and hiring. <br /> For nearly three decades the Foundation has responded to requests for assistance in Central <br /> Minnesota. When organizations want to advance an important project, we respond with grants and <br /> training. When businesses work to expand, we respond with financing and support. When communities <br /> need an ally, we engage local citizens and facilitate public-private partnerships that lead to results. <br /> Our community, organizational and economic development work is supported by a spectrum of public <br /> and private donors who partner with the Foundation to build thriving communities. All of our grant- <br /> making, lending and leadership development activities are designed to create a skilled workforce; to <br /> make Central Minnesota a destination of choice to live, work and play; and to inspire people to share <br /> their time, talent and resources. <br /> To support our critical work in economic growth and community enhancement,we respectfully <br /> request consideration for an investment of$2,500 in 2015. <br /> An Initiative Foundation contribution earns a substantial return on investment. For every local dollar <br /> contributed, the Foundation has returned $5.72 back to Sherburne County in grants, loans and <br /> scholarships. <br /> After your budget is finalized, would you please sign the enclosed commitment form and return it in <br /> the postage-paid envelope? Again, thank you for your consideration and support of our work in the Elk <br /> River EDA. Please contact us with questions or to request a staff presentation. <br /> Sincerely, <br /> _��4 <br /> Kathy Gaalswyk Eric 5tommes <br /> President Vice President for External Relations <br /> Powering Possible Equal opportunity lender,provider and employer <br />