Hardin County Community Foundation Assets Near 11 Million Dollars

Assets of the Hardin County Community Foundation grew by 16.42 percent during 2021 to nearly $11 million, it was reported Tuesday afternoon at the organization¹s quarterly meeting in Kenton.

The asset total of $10,963,404 represents an increase of $1.2 million for the year, said Ron Zimmerly, chair of the Finance Committee.

During the quarter the foundation reported income received of $128,990, with $108,657 from as donations to designated funds. Another $8,710 was contributed through its annual fund drive.

In its managed funds, the community foundation received $5,000 for the Hardin County Historical Museums fund and $4,754 for the Hardin County Fair Foundation.

Trustees formally approved the addition of two memorial funds which were accepted via an email vote late last year. One is the Edward and Deborah Dick Memorial Fund to benefit Simon Kenton clients with mobility needs. The other is the Terry Keiser Tree Trimming Fund to benefit tree maintenance in the Ada downtown business district.

Also at the meeting, trustees discussed creating a donor reception to recognize those who support the foundation. More details will be released at a later date.

Applications for foundation grants will be accepted online at hardinfoundation.org from Feb. 1 to Feb. 28. Recipients will be notified in April.

The amount of money available for 2022 grants will be announced next week.

The annual meeting of the foundation will begin at noon on April 19 at the Kenton Elks, followed by the quarterly meeting at 1 p.m.