Please Read All Information on This Page Before Submitting a Donation or Sponsorship Request
SPONSORSHIP VS DONATION
Sponsorships: Sponsorships are generally related to a particular product or event. Sponsorship money is intended to underwrite the total or partial cost for producing said product or event. In return for the money given through a sponsorship, the sponsor will receive recognition opportunities in accordance with pre-determined sponsorship levels in addition to items or tickets to said product or event. Recognition of money received is not necessarily always considered a quid pro quo for sponsorships. To submit a sponsorship request, please send the information to ContactUs@FESCO-OH.org.
Donations: Donations are also meant to underwrite or support a particular event, initiative, or in some cases, a product. The entity giving the gift may receive media acknowledgment of their gift without making the donation considered a sponsorship. The acknowledgement does not promote a company, product, or service; rather, it simply acknowledges that a gift was made by that entity in support of the particular endeavor.
MISSION, VISION AND VALUES
Mission Statement
To provide our member-owners with highly reliable electric service, superior customer service and innovative energy solutions at competitive prices.
Vision Statement
That the members of Lorain-Medina Rural Electric Cooperative benefit from highly reliable electric service, superior customer service and innovative energy solutions - all provided at fair and competitive prices by the efficient cooperative they own, control and trust.
Value Statement
We, the Board of Trustees, management and staff of Lorain-Medina Rural Electric Cooperative pledge to demonstrate the following values, beliefs, principles and standards of professional behavior as we pursue our mission and fulfill the duties of our positions.
- Impeccable Integrity and Accountability
- Dedication of Cooperative Principles
- Commitment to our Members
- Support of our Employees and their development
- Contribution to our Communities
- Devotion to a culture of Safety
- Obligation to Environmental Stewardship
ORGANIZATIONAL INTERESTS
Lorain-Medina Rural Electric is mainly interested in supporting programs and events that address the needs, interests and benefit of our members. Donations are only awarded to organizations that qualify as exempt under Section 501 (c) (3) of the Internal Revenue Code within LMRE’s service territory (click here to view a map of the area). Sponsorships are awarded to any organization that fulfills our areas of interest and are not excluded in the precluded activities list. Donations and sponsorships are awarded for a one-year period unless expressly noted.
EXCLUDED ACTIVITIES/ORGANIZATIONS
Because of regulation, policy and/or budget limitations, LMRE does not contribute to:
- Organizations without Internal Revenue Service tax-exempt status; (Donations)
- Individual requests by and for the requester
- Political parties, offices or candidates
- To pay for personnel-related costs including, but not limited to, compensation, benefits or employee-based contribution funds (i.e. Medicare, 401k or pension)
- Organizations that cannot provide adequate accounting records or procedures
- Individual scholarships or travel abroad opportunities for adults or students, and
- Any other activities determined ineligible at the sole discretion of LMRE.
APPLICATION PROCEDURES
All complete, accurate and worthy applications will be considered by LMRE. Failure to include any of the required items requested will delay consideration of the donation or sponsorship and/or possibly result in a denial of the request.
IMPORTANT DEADLINES
All information must be submitted to provide LMRE with no less than 30 days review. Failure to include any of the required items requested will delay consideration of the donation or sponsorship and may delay it under the 30-day requirement which could disqualify the request automatically.
RECIPIENT ACCOUNTABILITY
Any organization which receives a sponsorship or donation from LMRE may be required to execute a Terms of Donation/Sponsorship Form which spells out the recipient’s obligations. All organizations which receive monies must provide a plan for measurement of the program/project and report back to LMRE no greater that one year after receipt of the funds.
If a donation/sponsorship is made to an organization for a specific purpose, use of the funds by the organization for any other purpose will be considered a violation of the terms. If an organization must modify its original proposal at any time, it is their responsibility to contact LMRE and discuss the changes that are being made. Major changes in the director or emphasis of the program will be brought before LMRE for their review and approval before proceeding.
CONTACTING LMRE
If you still have questions, comments or concerns and would like someone to contact you before filling out the applications, please click here to contact us.