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Mead Witter Challenge Grant Completed

In 2005 the Wisconsin Historical Society announced that the Mead Witter Foundation of Wisconsin Rapids had offered the Wisconsin Historical Foundation a special $200,000 grant opportunity in support of the Library and Archives Preservation Endowment. To secure the funds, Mead Witter required the Historical Foundation to raise another $400,000 in new gifts and pledges.

As of November 14th, 2006 the Foundation completed the challenge thanks to a number of contributors, especially long-time Society friend, Mrs. Peter D. "Peg" Humleker, Jr. of Fond du Lac. Mrs. Humleker gifted nearly $208,000 in stock, which allowed the Foundation to meet Mead Witter's challenge. Her gift, as well as the contribution from Mead Witter, will be matched by the National Endowment for the Humanities challenge grant that the Foundation secured in May 2004. When completed, the Library and Archives Preservation Endowment will total $2.5 million and will support a full-time senior conservator position, as well as an annual operating budget named the Mead Witter Foundation Preservation Fund.

The Historical Foundation and the Society have now been raising money for the Preservation Endowment for over two years, resulting in over $1.3 million in gifts from nearly 120 contributors, including a previous $100,000 challenge from the Mead Witter Foundation. Another $700,000 is needed by January 31, 2008, to complete the NEH challenge, which will result in another $500,000 for the Preservation Endowment. If you would like more information about this special opportunity, please contact Melinda Heinritz, Executive Director of the Wisconsin Historical Foundation, at (608) 264-6585 or Melinda.Heinritz@wisconsinhistory.org.

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