Annual Report for 2012
Noble County Community Foundation Activities 2012The Noble County Community Foundation completed its seventh full year of operations in 2012, following its January 2005 founding. The Board of Directors includes Judy McMullen, President, Shawn Ray, Vice President and board members Bill Brelsford, Kristi Close, Jeff Minosky, Andrea Hurst, Don Ullmann, and Joy Flood as trustees and Mike Lloyd serving as secretary.
NCCF funds grew slightly in value in 2012. With a beginning balance of $19,812.64 in January of 2012, the unrestricted endowment of the NCCF grew by $295.81 to a balance of $20,108.45 on 12/31/12 for a gain of 1.4%. Investment gains provided most of the growth, as gift growth was to $350 in 2012.
Grants and Funds Received
The NCCF umbrella now includes two scholarship funds. The Mike Brienza Memorial fund and Noble County Community Foundation Scholarship fund. In the Noble County Community Foundation Scholarship’s third year of operations scholarships of $750 each were awarded to Mark Saling and Andrea Van Scyoc and were announced as part of the Noble Co. Chamber of Commerce banquet. Assets of the NCCF Scholarship fund grew from $82,060.70 to $87,047.60 or 6.1%. Investment returns for 2012 were much improved over 2011. Together, the general endowment and the NCCF Scholarship funds grew from $101,873.34 to $107,156.05, a growth of $5,282.71 or 5.2%
The Noble County Community Foundation (NCCF) awarded four grants in 2012.
A total of $1,675 was awarded from the foundation’s unrestricted endowment. The grants were:
• · $500 to Lutheran Social Services for wheelchair ramps, home repairs and vehicle expenses.
• · $250 to the village of Dexter City for community park improvements (funded by Ames-True Temper).
• · $500 to the Guernsey Noble United Way for affiliated projects in Noble County.
• · $425 to the Dyslexia Center of SE Ohio for tutors fot their Readers Theatre program.