The Capital Creation Team, chaired by Gary Mohr and including Ellen Kabat Lensch, Mark Kapfer, and Lana Dettbarn, has been setting up several ways to address its overall goal of creating additional funds through alternative resources.
First, a discussion has been held with the Board about a possible bond referendum vote. The Board is allowing EICCD to pursue planning for this, but will maintain its right to approve/disapprove the idea at a later date. The Chancellor, Honey Bedell and Gary Mohr will be taking a trip to Cedar Rapids on December 12th to talk to the President of Kirkwood about their recent positive facilities vote.
Second, on Wed., Oct. 26th, 2005, the first joint event of foundation Board members occurred with a presentation from Dave Nielsen on deferred giving and estate planning.
Also, Nancy Kothenbeutel is currently interviewing for a position that will go out and solicit any leftover 260E/F funds that EICCD may be able to access.
And finally, a fund has been established to hire unique/specific grant writing individuals for projects. Ellen Kabat Lensch is assisting in identifying projects and needs.