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Lake
Minnetonka Conservation District
23505 Smithtown Road, Suite 120 Shorewood, MN 55331 Phone: 952-745-0789 Fax: 952-745-9085 info@lmcd.org |
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CONTRIBUTIONS TO SAVE THE LAKE The LMCD created the Save the Lake fund to meet program needs addressing Lake Minnetonka’s environmental and recreational use priorities. Contributions to Save the Lake are generally tax deductible to individuals under the IRS Code 26 USC Section 170 (b)(1)(a) because contributions to any political subdivision of any state for exclusively public purposes are deductible. The LMCD is a political subdivision of the State of Minnesota under Minnesota Statutes Section 103B.605, Subdivision 1. Save the Lake urges you to read through the Vision Statement and Funding Criteria to see just exactly how your donations are being spent. Be sure to include your email address in the appropriate field so the the District has the ability to add you to the Save the Lake mailing list.
MISSION STATEMENT AND OPERATING POLICY Mission Statement: Save the Lake is a non-profit fund investing in programs which benefit the environmental and recreational needs of Lake Minnetonka. Operating Policy: Lake Minnetonka provides recreational experiences and aesthetic values to public water surface users, the general public and lakeshore owners. The Lake Minnetonka Conservation District (LMCD), its fourteen member cities surrounding the lake, Hennepin County, Minnesota Department of Natural Resources, Minnehaha Creek Watershed District, and Three Rivers Park District are some of the governmental agencies that share major management roles in protecting the lake’s environmental quality and user experiences on the lake. Public funding provides the basis for implementing programs that preserve or improve upon the environmental quality and user experience. At times, however, supplemental programs are needed to enhance or speed up the public program initiatives. The LMCD normal activites are funded through a tax levy to the 14 cities that border Lake Minnetonka, license and permit revenue, court fines, and limited grant funding. In order to achieve objectives not covered by these funding sources, the LMCD has created a Fund called Save the Lake to address the Lake's supplemental needs of public safety, enviornmental, and public service/education. The money in the Save the Lake Fund comes from private donations. The LMCD Board of Directors will manage the Save the Lake Fund to achieve its objectives and will do so in accordance with LMCD Resolution 118. LMCD Resolution 118, which establishes a policy on a reserve balance for the Save the Lake Fund, identifies a formula for the maximum amount of Save the Lake Funds available each year based on the reserve balance as of December 31st from each year. It also states that an announcement of funds available will be made by April 15th for the following calendar year. SAVE THE LAKE PROGRAM FUNDING CRITERIA When a request for Save the Lake funds is received, the LMCD takes into consideration the following:
The following criteria are established to guide the Save the Lake Advisory Committee and LMCD Board of Directors in evaluating and selecting programs for funding. Proposed projects are weighted by meeting one or more of the following program criteria: PUBLIC SAFETY:
ENVIRONMENTAL:
PUBLIC SERVICE/EDUCATION:
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