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Wadena 2.0 working on endowment fund

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Wadena 2.0 chairman Don Niles presented an update on the group's efforts at the Wadena Rotary Club meeting on Wednesday.

There are plans to establish a new community endowment fund through the Initiative Foundation.

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"They provide training and leadership and fundraising, and they also contribute some of their own funds as matching dollars," Niles said. "Even before we've established our own fund here, it looks like we have $50,000, subject to matching requirements."

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