November 19, 2003 Volume 2, Number 12

 

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STELLAR CEO Interviewed for Delta SKY Radio

STELLAR CEO Terry Cusack was recently interviewed by the Sky Radio Network about STELLAR’s unique ROI approach to fundraising efforts. SKY Radio provides business, technology, health and entertainment programming to some of the largest air lines in the world, including United, American, Delta, Northwest, US Airways and America West.

Click on the Delta Airlines logo (above) to hear the interview.

North Carolina's Piedmont TRIAD Partnership chooses STELLAR/Capital Strategists Group

The Piedmont Triad Partnership, which serves 12 counties in North Carolina including the cities of High Point, Greensboro and Winston-Salem, has chosen STELLAR to conduct an in-depth funding feasibility study.

Due to its large geographic coverage and the recent completion of other economic development fundraising campaigns within the region, the STELLAR team brought in Capital Strategists Group (CSG) to provide the needed return-on-investment (ROI) and case development work. According to CSG’s Tom Ralser, “This is the kind of complicated situation when we are typically called in to help. It fits perfectly with what we do best: show a return to those who will be asked to invest.”

Tom will spend the first month of the process developing the value of the proposed program, or Organizational-Value-Proposition, a term invented by CSG to describe ROI for nonprofits organizations. This will then be condensed into the prospectus used in the funding feasibility study.

STELLAR Team to Keynote Professional Development Course

STELLAR will be providing an advance seminar for the Mid-America Development Council entitled “Fundraising, Economic Development Strategies, Developing Return on Your Investment in Your Economic Development Program” at the organization’s 2003 Mid-America Competitiveness Conference, to be held December 7—9, 2003 at the Swissotel in Chicago.

STELLAR’s Terry Cusack, Jack Allston, CEcD, FM, and Tom Ralser, of CSG, will share their considerable expertise in these subjects during the session and be available throughout the conference to discuss attendee’s questions or concerns.

South Dakota Campaign Off to Rapid Start

Focus Watertown, the economic engine for this community of 20,000 in South Dakota is well on their way to raising $1.85 million for their second, five-year program. Focus Watertown has been in existence since 1998 and has been successful in creating over 1,400 jobs and $115.5 million in new capital investment.

Jack Allston, CEcD, FM, is the STELLAR Campaign Director in Watertown.  Focus Watertown’s President Richard Benda credits STELLAR’s professionalism with the success of the campaign. “STELLAR Executives have done a great job listening to, supporting, and understanding the investors”.

Montana Group Launches Campaign to Fund Economic Development

After engaging STELLAR for a feasibility study, the lead economic development organization in the Flathead Valley of Northwest Montana will launch a $2 million campaign to increase investment in this business savvy economy.

Jobs Now, Inc. president Liz Harris said that "with the advent of a national recession, our business leadership has chosen to buck the trend and move ahead with our plans to identify new target clusters, aggressively search out strategies for existing business growth road-blocks and build new collaborative economic development strategies with our economic partners in the region".

MAEDC Selects STELLAR

The Mid America Economic Development Council (MAEDC) has selected STELLAR Fundraising to conduct a sponsorship assessment to determine how this organization of economic development professionals might better serve its current sponsors and provide incentives to attract others.

MAEDC's mission is to enhance economic developer's knowledge, capabilities and opportunities through regional networking and cooperation, as well as promotion and marketing of the ten-state members to site selectors and industries.

Indiana Attracts a STELLAR Senior Consultant

STELLAR Vice President and Senior Consultant Rod Crider, CCE, has been named executive director of the Terre Haute Area Economic Development Corporation (THAEDC) effective October 27. Crider will join assistant director Claudia Tanoos in leading the organization. Norman L. Lowery, president of the Terre Haute Area EDC, said, “We’ve assembled an extremely qualified, professional team. I’m very optimistic about our economic future.”

The entire STELLAR team wishes Rod and his family well in his new position.





Terry J. Cusack
President & CEO
STELLAR Fundraising Executives, Inc.

 

 

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Jacksonville, FL 32225
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Fax: 904.270.0189

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