Dear Friends and Colleagues:
The numbers are out. Our projects do more than improve the health of the Lake Michigan watershed — they pay dividends in the economy by creating jobs, raising property values, and building demand for local products.
The Fiscal and Economic Research Center and the Institute for Water Business at the University of Wisconsin–Whitewater recently analyzed the economic impact of the Fund for Lake Michigan’s first three years of grantmaking. They found that the $7.5 million we invested in those three years:
– Created the equivalent of 480 full-time, family-supporting jobs
– Added $35 million to the local economy
– Raised property values by $45.5 million in surrounding neighborhoods
– Leveraged over $12 million in federal funds for Wisconsin
“The $7.5 million worth of grants awarded by the Fund for Lake Michigan in its first three years to protect and improve water quality in southeastern Wisconsin have paid financial dividends many times over across the region,” the Milwaukee Journal–Sentinel reported on June 30, 2014. Read the full Journal–Sentinel article here.
Read the full report from UWW on the economic impact of our grantmaking here.
Please let me know if you have questions or would like additional information about the Fund for Lake Michigan or our grantmaking.
Sincerely,
Vicki Elkin
—
We’ve moved. Please note our new address.
Vicki Elkin
Executive Director, Fund for Lake Michigan
Global Water Center
247 W. Freshwater Way, Suite 537
Milwaukee, WI 53204
Ph: 414-418-5008
