LYCOS RETRIEVER 
Anderson: Foundation Board
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According to state Sen. Yvonne Prettner-Solon, DFL-Duluth, Anderson is pushing municipalities to invest only with the State Board of Investment. Many cities (including Duluth) carry low-risk investments in insurance and banks, which Anderson claimed made the auditing more difficult.
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Hearts and Helmets is the only event of the week that Anderson is proud to put her name on as it will be designating the net proceeds to a dozen different charitable causes. This is in alignment with Anderson's vow "to be proud of every single day and make sure I do not veer from the path." Anderson included beneficiaries: The National Police Activities/Athletic League and PETA. Recently, Marion launched his own Foundation.
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The omnibus bill never passed the full Senate due to other issues.” Anderson says she fended off attempts by bankers and brokerage firms to add language to the bill that would allow investment outside the State Board. “Right now, cities can earn 4.5 percent on bonds… banks and insurance firms return considerably less.” The State Board of Investment earns 8.5 to 12 percent, she said.
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