Annual Report for 2014
Noble County Community Foundation Activities 2014The Noble County Community Foundation completed its ninth full year of operations in 2014, following its January 2005 founding. The Board of Directors includes Judy McMullen, President, Shawn Ray, Vice President and board members Mike Buckey, John Cline, Kristi Close, Joy Flood, Andrea Hurst, Don Ullmann, and Jim Warren as trustees and Mike Lloyd serving as secretary.
The NCCF unrestricted fund had modest growth in 2014 due to strong donations and average investment growth grew in 2014. With a beginning balance of $31,769.79 in January of 2014, the unrestricted fund of the NCCF grew by $4,033.51 to a balance of $35,803.30 on 12/31/14 for a gain of 12.7%. Growth was fairly evenly divided between new gifts and investment earnings with Gifts totaling $2,615 and investments earning $2,440.99. Largest contributors included Eclipse Resources, Farmers and Merchants Bank and numerous donations in memory of Bill Davis.
Grants and Funds Received
The NCCF umbrella now includes two scholarship funds. The Michael Brienza Memorial fund and Noble County Community Foundation Scholarship fund. 2014 Brienza Scholarship winners were Caleb Sanford and Allison Carpenter, each receiving $1,000 scholarships. In the Noble County Community Foundation Scholarship’s fifth year of operations, scholarships of $750 each were awarded to Stephon Poulton and Katherine Hill and were announced as part of the Noble Co. Chamber of Commerce banquet in March of 2014. Assets of the NCCF Scholarship fund grew from $92,323.66 to $97,290.88 or 5.4%. Scholarship fund donations were also made by Eclipse Resources and Farmers and Merchants Bank.. Together, the general endowment and the NCCF Scholarship funds grew from $124,093.45 to $133,094.18, a growth of $9,000.73 a rate of 7.3%
The Noble County Community Foundation (NCCF) awarded seven grants in 2014.
A total of $1,850 was awarded from the foundation’s unrestricted endowment. The grants were:
• $ 500 to Lutheran Social Services for support of the local food pantry.The NCCF has awarded $14,500 in funds to various projects since its founding.
• $350 to Team Monroe’s Higher Education and Learning Partnership (HELP) for support of the 2014 Autumn Education Expo.
•$250 for Buckeye Hills Area Agency on Aging for their “Project Lifesaver” electronic monitoring system.
•$250 to Noble County 4-H for a fitness trail at the Noble Co. Fairgrounds.
•$250 to Guernsey/Noble United Way for the Dolly Parton imagination Library Literacy Project.
•$125 to the Noble County Pool committee for the Happy Time Pool Project.
•$125 to PAWS/Noble Co. Humane Society for various animal welfare projects.
As oil and gas wealth begins to flow into the county, we hope that individuals looking to share new found wealth consider the advantages of working with the local community foundation. More detailed info on various types of funds and donation strategies are found on our website.
The NCCF continues to be a positive force for Noble County. The board continues to work with the professional community, local residents, and the overall business community to continue the growth and development of the NCCF and the region. For additional information on the NCCF contact NCCF Board Secretary, Mike Lloyd at 740-732-5681, e-mail email@example.com or view information on the NCCF web site at www.nccfohio.org