7am News, Sports and Obits
Latest WGIL news
Click to play or
Right click and "Save Target As" to download
Click for Galesburg, Illinois Forecast
Home - Cancellations - Community Events - Contact Us - Mornings - News - Obituaries - Pictures - Programs - Special Events Audio - Sports - Weather
Aldermen Approve Use of Contest Money
The money won by the City of Galesburg in the Readers Digest "We Hear You, America" contest will officially be going to the Galesburg Community Foundation.

The Galesburg City Council this week entered into what's called a "Field of Interest Agreement" with the Foundation, so that the 25-thousand dollars won by the city will go to an endowment fund the foundation is setting up, 25-thousand dollars over this fiscal year and next will be matched by the city.

Galesburg Community Foundation Executive Director Josh Gibb told aldermen what the Community Foundation wants to do with the money isn't being done anywhere else.

"Most of them are taking their winnings and spending it on something immediate," Gibb said. "This actually creates something to create revenue to fund programs and projects, to remind us of this contest forever as a permanent endowment within the community foundation."

The City Council vote on the deal was seven-to-one. Third Ward Alderman Russell Fleming was the lone "no" vote, saying he only objects to the city matching the 25-thousand dollars. He says the public should hopefully give to the fund, but only if they want to, not through the use of taxpayer money.

The distribution of money generated from the endowment will be handled by a committee consisting of the mayor, a foundation representative, and the head of the Knox County United Way.
12 09 11 by Newsroom
News management powered by Xpression News

Click here for the WGIL News Archive

Click here for national news

The following provision applies to all visitors (which shall include persons and representatives of legal entities, whether such representatives are persons or digital engines of a kind that crawls, indexes, scrapes, copies, stores or transmits digital content). By accessing this Web site or digital service, you specifically acknowledge and agree that: (i) Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium; (ii) No Associated Press materials nor any portion thereof may be stored in a computer except for personal and non-commercial use; (iii) The Associated Press will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing; (iv) The Associated Press is an intended third party beneficiary of these terms and conditions and it may exercise all rights and remedies available to it; and (v) The Associated Press reserves the right to audit possible unauthorized commercial use of AP materials or any portion thereof at any time.