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Scheels Donates $100,000 to 1105 Project
IOWA CITY, IA (CBS2/FOX28) - The nonprofit campaign is now within $25,000 of its goal.
Here's the official release from the 1105 Project:
The 1105 Project is pleased to announce a $100,000 gift from
the Coralville Scheels and the Scheels Foundation to support the campaign to
help four Johnson County nonprofit agencies operate more efficiently and
cost-effectively from one location.
"We are happy to do it," said Cory Tweden, manager of the Coralville Scheels store. "It is really important to us to support families in our community and we enjoy being involved in community projects like this. This gift was the right thing to do for our community."
By sharing common space in the county's former public health building at 1105 S. Gilbert Ct., the Crisis Center of Johnson County, Domestic Violence Intervention Program, Free Lunch Program, and National Alliance on Mental Illness reach more clients via their new proximity. Sharing space reduces overhead expenses and allows them to develop new and collaborative programming to help clients struggling with hunger, mental illness, domestic violence, or any other crisis in one location.
The agencies anticipate about 45,000 requests for assistance each year at the 1105 site.
The 1105 Project--named based on the building's address--is the name of the campaign to raise money to pay for the 1105 building's $1.25 million renovation, which was completed in time for the agencies to begin using the building January 1. To date, the campaign has raised more than $1.1 million.
However, when the campaign still needed $300,000 on January 1 to pay off the cost of renovating and furnishing the building, which Johnson County sold to the Crisis Center for $1 based on its future as a social services hub, the City of Iowa City offered a challenge grant to help the campaign pay off the cost of the project.
The City Council pledged to donate $100,000 if the 1105 campaign could raise the other $200,000 by April 14. The idea was to avert the impact of loan interest payments from impacting agency budgets and client services. Iowa City's proportional pledge makes each new gift to 1105's building fund before April 14 worth 50 percent more.
The $100,000 gift from Scheels
brings the campaign halfway to raising the $200,000 to receive the city's full
$100,000 pledge. Additional gifts received and pledged have added an additional
$75,000 to the 1105 building fund since the Iowa City challenge began January
14, leaving the campaign with an additional $25,000 to raise by April 14 to
collect Iowa City's full $100,000 and conclude its capital campaign.
"We still are actively soliciting gifts," 1105 Capital Campaign Chair Sara Langenberg said Friday. "We have come a long way with the support of donors like Scheels and 700 other individuals and corporations, but we still need about $25,000 by April 14 to closes the books on the project cost.
"We are over the moon with gratitude for Scheels' contribution," Langenberg added. "The manager of the local Scheels store, Cory Tweden, early on expressed a desire to support this collaboration based on its ability reach more people in need in our community. We are forever indebted to Scheels and to the 700 other donors who have brought us this close to reaching our goal."
Visit the 1105 website at http://the1105project.com for details about how to donate.