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AgdaPkt 2003-11-03
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AgdaPkt 2003-11-03
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Last modified
6/2/2011 2:05:52 PM
Creation date
10/31/2003 8:05:46 AM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
11/3/2003
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e-A-10 <br />corporations, corporate foundations, and businesses located in Redwood City and <br />surrounding areas. <br />Plan for the Advance/ Maior Gifts Phase <br />The Advance/ Major Gifts phase of the campaign is very important. All action is directed <br />primarily towards gifts of $100,000 or more. The following figures are targets and <br />illustrate the pattern in which gifts should be sought to achieve the campaign goal: <br />Table of Major Gifts for a $4.5 Million Dollar Campaign <br />Number of Gifts <br />(Needed <br />(Gift Amount <br />(Total <br />11 <br />1$2,000,000.001$2,000,000.00 <br />11 <br />1$356,000.00 <br />1$356,000.00 <br />11 <br />1$182,050.00 <br />1$182,050.00 <br />3 <br />$100,000.00 <br />($M%000.00 NOT YET RAISED( <br />TOTAL <br />J <br />The total of these major gifts is $2,838,000 represents approximately 63% of the total <br />capital campaign goal. To date all but $300,000 has been raised. <br />Redwood City Prospect List for Additional Major Donors <br />Campaign Prospects (confide itial) <br />500,000 - 1 million between both <br />$200,000 <br />$100,000 <br />$50,000 <br />$50,000 <br />$50,000 ° <br />$50,000 <br />$50,000 <br />$30,000 <br />B. Nucleus Fund <br />The Advance Gifts phase of the Campaign will develop and gain momentum from the <br />pace setting gifts of the PAL Board of Directors and the Capital Campaign Steering <br />Committee. The success of this fund depends, to a large degree, on securing 100% <br />participation from these groups. Once their commitments are made, these leaders are <br />in position to help secure the additional gifts and pledges needed to fulfill the Nucleus <br />Goal Fund. A total of 5% of the Capital Campaign should come from this group. <br />We realize that some of the gifts from PAL Board Members may be modest, however, <br />sufficient giving ability exists with the present PAL Board to help make the Nucleus Fund <br />K <br />
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