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5.0. 6.0. 7.0. EDSR 10-12-1998
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5.0. 6.0. 7.0. EDSR 10-12-1998
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City Government
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EDSR
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10/12/1998
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�X hY#=t" q.� k7 nom"'s a <br /> sa=t'" - T^,y,R d. Yi, �s' �,. m- 41:3' ''-3 r+ '�is « 5y a q3„ ,a, . <br /> q #`„�.„* �+. ea` a�z o=' ,�`' fit;�. r. ,ti. �`�yn <br /> CENTRAL MINNESOTA INITIATIVE FUND <br /> �3 t♦'lo�� vs <br /> �{ <br /> x a p r otUsy3 <br /> 55 <br /> '. 4!";;.11*:,* <br /> ,; ` e ,u <br /> ' kP <br /> ��s+3:N, a'2 „y„�e� ', a2'r3:'� y .� ' k: x:, >+rs.�:' ..�. ir �?a. <br /> Mission: To improve the quality of life for residents, families, and communities in <br /> Central Minnesota through comprehensive and integrated community development. <br /> Five Year Strategic Direction: To invest in well planned collaborative community <br /> development endeavors that improve the economic vitality and overall health of <br /> communities while increasing the asset base of the Fund. <br /> Service Area: The fourteen county area of: Benton, Cass, Chisago, Crow Wing, <br /> Isanti, Kanabec, Mille Lacs, Morrison, Pine, Sherburne, Stearns, Todd, Wadena and <br /> Wright which includes 160 communities. <br /> Activities: <br /> • Gap lending to assist new and expanding businesses. <br /> • Grants to community and non-profit groups for community and economic <br /> development activities. <br /> • Leadership training to build the capacity of communities to address change. <br /> • Public education regarding regional needs and opportunities such as housing, work <br /> • force, planning, economic development, etc. <br /> • Fundraising programs to support the Fund, increase the level of philanthropy in <br /> Central Minnesota, and to educate residents about philanthropy. <br /> History: The Initiative Fund was established in 1986 by The McKnight Foundation to <br /> address the human and economic needs in Central Minnesota. It is one of six Funds <br /> serving greater Minnesota. It is an independent, nonprofit philanthropic organization <br /> organized as a 501(c)(3). Since inception, the Initiative Fund has: <br /> • Made 1,143 grants totaling $8.9 million. <br /> • Made 490 loans totaling $9.9 million. <br /> • Leveraged $62 million in private investment. <br /> • Created or retained 4,760 jobs. <br /> • Trained 431 community leaders. <br /> If you have questions about the Initiative Fund's programs, or would like to be placed <br /> on the mailing list to receive our newsletter and fall program announcements, contact: <br /> Central Minnesota Initiative Fund <br /> 70 SE First Avenue <br /> Little Falls, MN 56345 <br /> 320/632-9255 (phone) 320/632-9258 (fax) <br /> Kathy Gaalswyk, Executive Director 7/98 <br />
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