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Hardin County Community Foundation Reports Financial Growth and Approves New Policies at Quarterly Meeting

todayOctober 17, 2024 56

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The Hardin County Community Foundation received a strong financial report at its quarterly meeting this week in Kenton.

Trustees learned that the total portfolio has climbed to 13.2 million dollars, which is up 16.72% year to date.

Also at the meeting, the board approved a series of policies.

Those include records retention, whistleblower, conflict of interest and computer, device and internet usage policy.

Trustees accepted the Kenton Athletic Boosters Cardiac Testing Fund. Around $50,000 has been donated for the testing to be invested with the foundation.

Income generated by the fund will be used for cardiac testing of Kenton athletes and extracurricular participants every other year.

The program eventually may be extended to all schools in the county.

In addition, trustees agreed to a cyber insurance policy at a cost of $1,200 annually for $1 million in protection.

The next meeting of the foundation will be January 21, 2025 at noon in Kenton.

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Written by: WKTN Staff

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