NO1 Verified Online Love Vashikaran Specialist Kala Jadu Expert Specialist In...
May Funder Call May 28 2009
1. Fund for Our Economic Future Phase 3 Strategy Presentation Steering Committee May 28, 2009
2. Strategy Process: Time line 45 Funder Interviews Large group meeting Over 40 Funders Strategy Direction (Draft) Small Group Refine/ Partner Outreach Small Group Review Adopt Strategy Strategy Public Oct 2008 Nov 2008 Feb 2009 Mar 2009 April May 2009 June 2009 Oct 2009
3.
4. Outcomes of Fund’s Work Tangible, compounding economic impact $1.1 BILLION $>100 MILLION
9. Phase 3 Work: What stays the same? Diversity and Inclusion Tools to be used Collaborative Model
10. Phase 3 Work: What changes? FFEF Action Area Team Champion Part of Fund resources will go towards forming regional leadership and action area champions
11.
12. Phase 3 Work: What changes? Respond to economic climate Intensified focus on priority industry clusters Assess grantee performance + greater financial sustainability
13.
14. Goal 1: Accelerate job & income growth Goal 2: Reduce impediments to long-term growth Goal 3: Sustain economic competitiveness work over long-term Strategy 1: Strengthen regional business growth and attraction Strategy 2: Enhance regional talent development Strategy 3: Spur regional planning and gov’t efficiency Strategy 4: Shape and sustain regional leadership for economic competive-ness priorities Strategy 5: Educate, engage, empower “influencers” to participate and support work
15.
16.
17.
18.
19.
20.
21.
22.
23. Grant Dollar Allocation Phase 2 YTD Grantmaking Budget: $24,820,000 Phase 3 Proposed Grantmaking Budget: $20,700,000
25. Business Growth and Attraction & Talent 82% Resource Allocation – Phase 3 100% = $22.1 million
26. "Indirect" Work By Core Grantees Staff Time Allocation Direct Grants % of Total Resources 8% 13% Inclusion Resources - Phase 2 to Phase 3 $2,850 $372 $2,000 $165 Phase 2 Phase 3
27. 100% = $1.5mm $5.5mm $9.7mm $2.9mm $1.6mm $1.05mm Resource Allocation Within Action Areas – Phase 3 26% 61% 13% 0 $1 mm $2 mm $3 mm $4 mm BARE ENTP Talent GOVT TBD TBD Research Communication & Engagement New Grantees Action Team Support Existing Grantees $5 mm $6 mm $7 mm $8 mm $9 mm $10 mm Support ANEO 95% 5% 97% 3% 70% 21% 9% 16% 19% 65% 4%
