Annual Report for 2007

Noble County Community Foundation Activities 2007

The Noble County Community Foundation completed its second full year of operations in 2007, following its January 2005 founding.  The Board of Directors remains unchanged with Bill Brelsford, Kristi Close, Jeff Minosky, Andrea Hurst, Shawn Ray, Don Ullmann, Joy Flood, Judy McMullen and Sharon Tanner as members and Mike Lloyd serving as Secretary.

The NCCF began as an idea of interested individuals who saw the need for a local charitable organization in the county to accept charitable contributions to improve local quality of life and to benefit activities occurring in the county and the region.

Grants and Funds Received

The unrestricted endowment fund of the NCCF grew by 23.3 percent in 2007. From a beginning balance of $10,998.47 assets grew to $13,566.31 by year’s end.

The NCCF received $3,125 in donations for 2007. The largest donations in 2007 came from local financial institutions as both Peoples Bank and Community Savings made $1,000 contributions and Farmers and Merchants Bank provided an additional $500. These local financial institutions have made three-year commitments to fund the NCCF at this level.

The NCCF also continues to operate one donor advised fund with assets in excess of $51,000, which is designated to provide annual scholarships to graduates of Caldwell and Shenandoah High Schools. The NCCF continues to work with a local financial institution on a possible second educational scholarship endowment.

Grants Made

The NCCF made five grants in 2007. A $375 grant was made to the Noble County Historical Society and was used to help cover entertainment expenses at the 2007 Soakum Festival. A $375 grant was made to the Noble County Emergency Management Committee and will be used to provide funding to help restore the historic Mt. Ephraim Spring. The Noble County Historical Society received a second grant in the amount of $400 to buy materials used in restoration work on the schoolhouse and church at Heritage Village at the fairground. The Noble County 4-H Council received a $400 grant, which was used as part of the local funds raised to build the new $17,000+ Junior Fair Building at the fairground. Finally, a $200 grant was made to OSU Extension’s Family and Consumer Science program to provide educational materials for the “Dining With Diabetes” program. Grants made in 2007 totaled $1750. Total of grants made since the creation of the NCCF is $3975.

The Future

The NCCF board continues to grow. The board would like to continue to work with both the professional community and all local residents to promote the growth and development of the NCCF. For additional information on the NCCF please contact Board Secretary, Mike Lloyd at 740-732-5681 or view the organizations web site at