Request for Qualifications and Proposals -OneRedmond Capital Campaign
OneRedmond is a public/ private partnership supporting the economic and community development of Redmond, Washington, a suburban community in the Seattle metropolitan area. OneRedmond was founded in 2012 through the consolidation of three previous organizations: Greater Redmond Chamber of Commerce, Redmond Economic Development Association and Realize Redmond, a 501 3(c) charitable entity. OneRedmond was tasked with implementing an aggressive economic and community development program. It was funded through a capital campaign that secured annual commitments of $566,700 from 30 investors over the 5 year term of the campaign. Today, as a result of investor attrition, in year 4 of the campaign, OneRedmond expects to receive $492,550 from 59 investors. OneRedmond has recruited a professional staff, designed and executed an aggressive cluster based economic development strategy and attracted significant program funding from JP Morgan Chase Foundation.
OneRedmond is evaluating its funding options to replace the current campaign that ends 12/31/16. The goal is to secure $1 million per year for program and operational support. The Board is open to consider all funding strategies including the potential of a second multi-year campaign.
OneRedmond is seeking statements of interest and proposals from to help us prepare for a capital campaign and explore what financial goals might be feasible within a capital campaign.