Evergreen Legacy Fund

Downtown Evergreen’s 1% Solution

Voluntary contribution from customers designed to generate funds for improvements

By Sandy Barnes of the Canyon Courier – November 6, 2012

After exploring options to raise funds for improvements and amenities in the downtown area, Dean Dalvit and other members of the Downtown Evergreen Economic District have devised a plan to collect voluntary contributions. Downtown Evergreen is in need of infrastructure improvements that a voluntary contribution can help fund. DEED is asking for a 1 percent donation on sales of products and services at businesses through the organization’s Evergreen Legacy Fund. Customers contribute to the fund on a voluntary basis.

“Our mission is infrastructure improvements,” Dalvit said. “It doesn’t cost retailers anything. Business owners understand the need.”

Anticipated projects include sidewalks, parking, rest rooms and creating safe pedestrian connections between downtown Evergreen and adjacent areas. Funds generated through the contributions can be applied as matching funds toward state and federal grants that DEED will pursue. Three months into the program, the legacy fund has 21 founding members that include retail businesses and restaurants, Dalvit said. To date, the fund has received $8,000 in contributions, which are held in an account at Evergreen National Bank.

Although collection is easier for retail stores and restaurants, service providers such as Dalvit, an architect, can also make contributions, he said. Even though the contribution is entirely at the discretion of customers, the vast majority do not opt out, Dalvit said. “One percent is such a small amount,” he said.

Because Evergreen is unincorporated, raising funds for improvements is a challenge, Dalvit explained. During a recent effort to acquire a grant for a trail connection from Evergreen Lake to the downtown area, DEED encountered the challenge of raising $21,000 in matching funds. “We had no means of raising money,” Dalvit said.

Also, DEED was seeking a Great Outdoors Colorado grant for the project, but the state asked who the government partner was. With help from Liz Cohen, who works with the Evergreen Park and Recreation District in grant acquisition, DEED was able to combine the project with the park district. “She made it happen,” Dalvit said.

To solve the long-term problems of becoming a legitimate government partner and generating a revenue stream, DEED members decided to create the legacy fund. “We create a recurring cash flow over the course of two years, and can partner with Jeffco and EPRD,” Dalvit said.

Businesses participating in the program sign an agreement and set up a payment schedule. Although fund-raising events can also raise cash for projects, the time involved is prohibitive, Dalvit said. He and other DEED members volunteer their time with the organization. While visiting Crested Butte, Dalvit said, he came up with the idea for the voluntary contribution. In shop windows there, he saw signs asking for a 1 percent contribution for the town’s open space fund.

In prioritizing projects for the downtown area, DEED circulated a questionnaire to businesses. “We tried to get a lot of buy-in,” Dalvit said. “Our description was entirely formed by community feedback.”

Creating a sidewalk between the NAPA store and Meadow Drive was one of the primary interests, along with uniform town lighting and additional parking space, Dalvit said. “By and large, the sentiment is that they want to keep the Evergreen character,” he said. “They want to keep the mom-and-pop shops and the funkiness of the small town.”

Evergreen Legacy Fund Members

Alpine Ridge
Baskin Robbins
Bear Paw Stanbro
Beau Jo’s
David Ortman
Endless Travel
EVstudio Architecture and Engineering
Evergreen Clothing Company
Evergreen Gallery
Evergreen Players
Go Paint!

Highland Haven
Keys on the Green
Mountain Home
Naxos Printing
One World Cafe
Sattva Massage
Seasonally Yours
Shadow Mountain Gallery
Stems Flower Shop
Toussaint Nemer Coaty
Tupper’s Team
Zuni Signs

Click here for the the ELID and ELF website

Downtown Evergreen Economic District (DEED)

The DEED Board, was established in 2010 and elected by our community business and property owners:
Dean Dalvit, EVstudio; Gail Riley, Highland Haven; Bob Cardwell, Stillwater Partners; Kathleen Davis, Evergreen Players;
Eric Gill, Bearpaw Management; Rachel Emmer, Detritus Group; Jim Sherwood, Evergreen Clothing Company;
John Seevers, Valentine Seevers and Associates; Legal Council: Richard Toussaint, Toussaint Nemer & Coaty, PC

To sign your business up for the Evergreen Legacy Fund, please contact Eric Gill at eric@bearpawrentals.com.