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MCF Member
News and Notes - May 2006
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The Southwest Minnesota Foundation announced a slight change to its name,
which is now the
Southwest Initiative Foundation (SWIF). The new name is a blending with its old name, Southwest Minnesota Initiative Fund. The logo will essentially remain the same, with the addition of a tagline: "A Rural Minnesota Community Foundation." The change better reflects the rich history and purpose of the foundation and may help alleviate some confusion with other organizations in the region. |
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The
St. Croix Valley Community Foundation is launching its second decade with the Partners for the Future Initiative, an expected $1 million challenge match designed to enhance the financial viability of nonprofit organizations in the St. Croix Valley. The goal of the three-year initiative is to inspire nonprofit service organizations in the St. Croix Valley to secure their future by establishing or adding to a long-term agency fund at SCVCF, which will match 1:1 each dollar a nonprofit raises. The initiative consists of three major components: Matching Challenge Grants, Training & Skills Building, and Outreach and Education.
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The
Initiative Foundation earned a $300,000 federal grant from the U.S. Department of Agriculture Rural Development. The foundation will use the grant to help 16 central Minnesota communities tackle rural poverty and wastewater treatment challenges through the Healthy Communities Partnership (HCP) and the Rural Wastewater Options (RWO) programs. HCP grants can be used to increase access to home ownership, quality jobs, workforce education and business development. RWO funds will be used to assist with research on community trends and demographics, support public input and help define services required by professional engineering firms. |
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The
Minneapolis Foundation was recognized by the national Council on Foundations for demonstrating compliance with organizational and financial practices that are in accordance with the National Standards for U.S. Community Foundations. The foundation is the first in Minnesota to receive this designation. In addition, Charity Navigator, which evaluates and rates charities nationwide, awarded the foundation its highest four-star rating for its ability to efficiently allocate and grow its financial assets. |
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The
Duluth-Superior Area Community Foundation has completed the first phase of an initative to attract and retain young students in Duluth and Superior, after findings from the Knight Foundation and the U.S. Census showed a 17-percent and 14-percent decline in the number of households headed by 25-34-year-olds,
respectively. Interviewing 35 informants from business leaders and elected officials to young adults who have moved away from the region, the foundation asked for insights into why people leave the area and what can be done to retain them. A task force is being developed and will be charged with reviewing the survey findings and prioritizing the many recommendations by fall. |
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