Assets of the Hardin County Community Foundation climbed to $12,617,536, it was reported at the group’s quarterly meeting on July 16.
That represents at increase of more than $120,000 from the April quarterly report.
Also at the meeting, Bryan Marshall, executive director, presented a report of annual assets and grants since the foundation’s inception in 1991.
Assets started at $13,532, and topped the $100,000 mark for the first time in 1995. The $1 million plateau was surpassed in 2003, and 10 years later assets exceeded $5 million.
Funds for the annual grants are generated through earnings on the foundation’s assets. The foundation has issued a total of $3,044,097 in grants over the past 33 years.
Courtesy Kenton Times 07/25/2024