Latest News Archives for 2020-10

Community Foundation assets top $8 million

Assets of the Hardin County Community Foundation have topped the $8 million mark, it was reported at the organization’s quarterly meeting on Tuesday in Kenton. That includes $8,071,383 invested through Stratos Wealth Partners, which is up 6.6% for the quarter. When combined with $612,527 in funds in board possession and $77,919 in property and equipment, total assets are $8,761,829 as of Sept. 30. Also at the meeting it was announced that two new funds have been created. One is the Ruthanna Tobey Fund, established in honor of the foundation trustee emeritus and former president of the Mount Victory State Bank. Income generated by the fund is designated to go toward downtown improvements in Mount Victory. The other fund established is the James and Carole Crates Family Fund in honor of the late James Crates, a longtime attorney in Kenton, and Carole Crates. Proceeds will go toward any foundation project. President Matt Jennings announced that a sign for the foundation’s building on East Franklin Street in Kenton has been erected. Funding for the sign and landscaping were donated by Home Savings and Loan Co. (HSLC) in honor of the foundation’s founder and former HSLC director, John Jester. In addition, Dr. Todd Oates, a Kenton optometrist, was approved to join the Board of Trustees. He takes the place of the late Fred Markley, who had been granted trustee emeritus status by the board in July


Courtesy Kenton Times 10/21/20

Hardin County