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<br />Geals .of the Feundatien's Service <br /> <br />As the community booms in the coming decade, the City of Ramsey Foundation, Inc. will meet <br />as many approved project needs obtained funds allow. <br /> <br />The Foundation will gather input on community needs from the source: our citizens and <br />businesspeople. Feedback received on potential project immediacy, scope, audience, and <br />details will be reviewed carefully, discussed with City Staff and City Council advisors, and voted <br />upon by the Foundation Board of Directors in accordance with our mission and By-Laws prior to <br />approval and detailed project planning. . <br /> <br />The Foundation is in operation TO SERVE THE COMMUNITY and complement/supplement in <br />areas where the City of Ramsey cannot playa role, but supports the work being done for the <br />citizens. <br /> <br />What are the .objectives fer each service.or preduct? . <br /> <br />Objectives will be set as concrete project needs are put forth by citizens and City <br />representatives and as those projects are deemed appropriate through the research and <br />discovery process. <br /> <br />Objectives overall will be to meet the economic development and other needs expressed by the <br />community to the extent that is allowed for a City Foundation, and to the extent that funding <br />allows. . <br /> <br />Market Research & Analysis <br /> <br />Any research and analysis will be conducted, broadly, as indicated in the "Feasibility Study" <br />section of this Business Plan and, more specifically, as determined necessary based on the <br />current project deemed appropriate for the Foundation to undertake. <br /> <br />It is not possible, at this time, to provide specific research and analysis that is conducted as no <br />project has yet been conducted or determined, and our Foundation will NOT provide only one <br />type of service or good, and will not serve only one population segment. <br /> <br />Cern petitien <br />No "competition" exists. The Foundation will work collaboratively with the City and other ~ <br />organizations to provide for community needs as appropriate under the Foundation's <br />mission and By-Laws. <br /> <br />Prejected Grewth fer Feundatien Service <br /> <br />The Foundation will begin by raising initial "seed money" funding. The Foundation will then <br />expand to paid Members; monthly, quarterly, semi-annual or annual donor rolls; and <br />Government and Grant-making Foundation grants. <br /> <br />Ramsey Foundation Charter Business Plan 2006-07_v1, Page 12 of 15 <br />