Annual Report for 2017
Noble County Community Foundation Activities 2017The Noble County Community Foundation completed its twelfth full year of operations in 2017, following its January 2005 founding. The Board of Directors currently includes Judy McMullen; President, Shawn Ray; Vice-President, and board members Mike Buckey, John Cline, Joy Flood, Andrea Hurst, Sherri Starr, Don Ullmann, and Jim Warren. Mike Lloyd serves as Secretary.
Both NCCF funds had solid growth in the 2017 investment year. The unrestricted fund grew from $41,023.22 on 1/1/17 to $45,286.31 on 12/31/17 for a growth of $4,263.09 or 10.4 percent. Major 2017 donations included $1,000 from Ames/True Temper designated for the Village of Dexter City.
Grants and Funds Received
The NCCF Scholarship Fund grew from $102,748.70 on 1/1/17 to $113,618.87on 12/31/17 an increase of $10,870.17 or 11.1 percent. Interim Health Care once again made a $1,000 donation designated for two $500 scholarships to Caldwell and Shenandoah graduates studying in a health related field. Together the unrestricted fund and the scholarship fund grew from $143,771.92 to $158,905.18, an increase of $15,113.26 or 10.5%.
NCCF Scholarships of $750 each were awarded at the Noble County Chamber of Commerce Annual Meeting to Laken Figelfrom Caldwell HS and Samantha Schott from Shenandoah HS.Including awards made from the Edmund James Scholarship Fund beginning in 1991, fifty-three student scholarships have been awarded worth $24,500. This was the first year to award scholarships to individuals majoring in a health related field these scholarships are funded by Interim Health. A $500 Interim scholarship was awarded to Andrea Wood from Shenandoah HS. No eligible applications were received from Caldwell HS.
The board voted at its summer 2017 meeting to increase the NCCF Scholarships to $1000 each for the 2018 year.
The NCCF awarded three grants from its unrestricted fund in 2017 totaling $2,000.
• $500 to Caldwell United Methodist Church to support the Sack Lunch Program,The NCCF has awarded $19,225 to fifty-one projects since its founding.
• $500 to Lutheran Social Services to purchase food for the Caldwell Food Pantry, and
• $1000 to the village of Dexter City for village improvements funded by Ames/True Temper.