NEWSLETTER ARTICLES
August 1, 2010Capital Campaign getting ready to Start
It’s hard to believe that the Coalition’s inaugural three-year capital campaign is nearly complete. Due to the financial generosity of Southwest Indiana companies and individuals, we’ve been able to achieve some significant accomplishments over this same time period.
Since 2007, the Coalition has helped secure $346 million in new investment, 1,780 new jobs and $33 million in grant funds to build community capacity in an economic environment that some might say has been difficult at best. A third of the Coalition’s annual budget is generated by contributions from the private sector.
We’re getting ready to kick-off another three-year campaign and we firmly believe that the Coalition has provided real value for all of our partners. Our goal is simple - to maintain private investment at $400,000 per year. If we are lucky enough to increase that number by adding new investors, it would be a strong plus as currently 80% of the Coalition’s private sector contributions are provided by just 28 investors.
Within the next 45 days, the Coalition will be reaching out to you asking for your continued support. I realize that these are tough economic times to be asking for financial support but much of the new investment and grant funds secured for Southwest Indiana would not have come about had the Coalition not existed. Your financial support makes what we do possible, and let me thank you in advance for your consideration.
J. Gregory Wathen, APR
President & CEO
