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| Fund Raising Plan |
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As part of the Future Use Analysis Report, Edie Blum, the fund-raising consultant, added a section on potential sources of income. Her preliminary conclusions were that most of the capital funds for renovation and improvements would have to come from the public sector. The report pointed out that the weak economy in 1992 and the scale of the project made it unlikely that the majority of the funds could be raised privately. It also suggested that the Civic Foundation hire a planning consultant to look into all of the potential sources of public sector funding. While the report suggested that most of the funding would have to come from the public sector, it did not rule out the fact that considerable funds might be raised in the private sector. There were several categories of potential donors, including local foundations, corporate supporters of current or potential tenants, and individuals who either had a stake in one of the tenant organizations or who had close ties to the former congregation or to the Cleveland Heights community. The report also suggested that a consultant be hired to research available private funds. |
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