I don't think it would be wise to make that decision yet. By doing so, one could alienate potential donors, let me explain. If a donor which would be willing to contribute a large amount, and has another specific location, wishing it to be located there, observes such a decision has been made, would not be so inclined to contribute. Whereas, if the option is open, this leaves room to negotiate. I am looking forward to the time when we have over 10% of the needed capital, at that time we will have proven we are capable of raising and managing money. Which will be attractive to those willing to contribute the larger amounts. It is kind of like in the banking business, go in to get a loan, the loan officer will want to know what you are going to bring into the deal, if your answer doesn't contain something about money, you probably will be turned down. That is unless you have a good ongoing business relationship with the institution. Just like bankers, philantropists want your venture to succeed, by bringing something into the deal, you prove you are willing and able to make it succeed, and willing to risk your own money to make it happen. So, we do fundraisers, if the members want this to happen it will, if not it won't.
Have a great day!!!
Andy