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08-14-2007 City pledges $1 million to west-side Kroc Center
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08-14-2007 City pledges $1 million to west-side Kroc Center
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halfway mark. When we reach our goal, The Salvation Army Kroc Center will have the <br /> resources to serve today's children, their children and their children's children for <br /> generations to come." <br /> The City of South Bend already has donated a 9.5-acre property that includes the former <br /> Alonzo Watson Park, valued at $237,500, as the site for the project. But Luecke said the <br /> city's additional contribution recognizes the value the city sees in the project. The city's <br /> $1 million gift is being leveraged by another $4 million in funds from outside St. Joseph <br /> County—a fivefold yield that results with every gift to the Kroc Campaign. <br /> This investment also is strategic for the city because commercial entities are looking at <br /> land immediately north of the Kroc Center for potential development opportunities, <br /> according to Jeff Gibney, interim director of the city's department of community and <br /> economic development. <br /> "We cherish the life and promise of each child. This facility will be a great blessing for <br /> our community and provide the opportunity for all our children to reach their full <br /> potential," Luecke said. "This will be a place where families are strengthened, where <br /> creativity flourishes, and where dreams are nurtured." <br /> South Bend was among 10 Midwestern cities—the only one in Indiana—chosen to pre- <br /> qualify for a share of Joan Kroc's $1.6 billion bequest to the Salvation Army, the largest <br /> philanthropic gift ever given to a nonprofit. Of the 10, only seven received grants. <br /> The city has made similar contributions to other non-profit capital efforts in the past. The <br /> city's $1 million contribution in dollars is only surpassed by the $15.7 million in public <br /> funds that provided nearly two-thirds of the $24.3 million renovation costs for the Morris <br /> Performing Arts Center and the Palais Royale. But the Kroc Center gift represents only 2 <br /> percent of the total project costs, where city contributions to previous projects have <br /> ranged from 6 percent to 100 percent of total project costs. They include: <br /> ■ $60,000 for the building rehab for LaCasa de Amistad Inc., 100 percent of the <br /> project's cost. <br /> ■ $83,666 for Habitat for Humanity's $290,000 Restore facility. <br /> ■ $100,000 for the estimated $686,315 project by EnterMission to renovate the Monroe <br /> Circle Community Center. <br /> ■ $107,103 for the Boys and Girls Club. <br /> ■ $185,000 for the North Central Indiana Food Bank's $265,000 project. <br /> ■ $227,000 for a$900,000 renovation and expansion of St. Margaret's House. <br /> ■ $250,000 for South Bend Civic Theater's $4 million renovation of the former Scottish <br /> Rite building. <br /> ■ $260,000 for an expansion at the Center for the Homeless <br /> ■ $350,000 for the $5.5 million effort to construct anew YWCA. <br /> "The City's contribution has been critical to the success of these important projects, <br /> helping to insure quality services for our residents. Our commitment to the Kroc Center is <br /> an important component to raise the final funds for this magnificent facility," Luecke <br /> said. "The genius of this package is that not only is the building fully funded, but there <br /> also will be an endowment fund to ensure that operations and programs are sustained at <br /> the highest level." <br />
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