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6 <br />The total budget for the Minority Involvement Project is <br />$51,000. We have enclosed a complete project budget. Other <br />funding sources for the project include the Z. Smith Reynolds <br />Foundation, the Town of Carrboro, the Town of Chapel Hill, a <br />grant from the Orange County Youth Services Needs Task <br />Force's Community Based Alternatives program, and local <br />foundations and individuals. <br />We still need to raise $20,000 for the MIP this fiscal year. <br />A very generous individual has pledged $5,000 as a "challenge <br />gift." In order to receive the $5,000, we must raise an <br />additional $15,000 from other local sources by March 31, <br />1991. <br />The Minority Involvement Project addresses urgent needs in <br />Orange County. Nearly 100 minority teens under the age of 19 <br />become pregnant each year -- almost 2 every week! These <br />young women in our community, their male partners and <br />friends, and all of us who live here, pay the price of the <br />serious short- and long --term consequences of unplanned <br />pregnancy. <br />A contribution from the County will help us build on our <br />recent successes. We look forward to further developing our <br />relationship with Ridgefield parents, even as the Minority <br />Involvement Project prepares to expand into Oakwood in <br />Carrboro. <br />Thank you for your time and for your serious consideration <br />of this proposal! We look forward to meeting with you in <br />January to discuss it further. <br />Sincerely, <br />a et Colm <br />cutive Director <br />mlt <br />enc <br />