The GEAPS Foundation kicked off its first annual meeting Oct. 2 with a fundraising campaign report highlighting $700,000 of commitments secured for the Foundation's Professional Development Programs Endowment Fund. The campaign began this past summer with a series of outreach visits to grain companies and industry supplier organizations in the U.S. and Canada.
"The response to our campaign has been tremendous. It clearly demonstrates the support and value that grain companies and our industry supplier partners place on developing the courses needed to train the next generation of grain industry operations professionals to safely and sustainably feed the world," said Mark Fedje, GEAPS Foundation Board chair, General Mills Inc.
The GEAPS Foundation is working to raise $4 million over five years to support the GEAPS/Kansas State University Distance Education Program. All money raised will go the Endowment Fund, which will provide for the enhancement and expansion of the GEAPS/K-State course offerings.
GEAPS has committed $1 million to the fund, $500,000 of which is dedicated to matching the first $50,000 of each corporate contribution.
Corporate contributions received to date:
Legacy ($500,000 or more)
Platinum ($100,000 - $199,000)
Ag Growth International
Gold ($50,000 - $99,000)
Seeburo Equipment Company
Silver ($25,000 - $49,000)
Parrish & Heimbecker, Ltd.
The Foundation wrapped up the fundraising portion of its meeting with a brief discussion centered on developing the individual giving component of the campaign.
Annual Meeting business included election of officers and directors, updates on the coming year's enhancements to the GEAPS/K-State Distance Education Program and a treasurer's report.