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Union County Foundation

2007 Annual Report

THE UNION COUNTY FOUNDATION

2007 Annual Report Home

Message from the Executive Director

About the Foundation

Investing with the Foundation

Charitable Choices

Charitable Instruments

Types of Charitable Funds

2007 Board of Trustees

2007 Grant Distributions

Scholarship Funds

VMW Legacy Society

Independent Auditors’ Report


2007 GRANT DISTRIBUTIONS

Through community support and investment income the Union County Foundation is able to provide grants for various needs within our community. 2007 was a record-breaking year with over a million dollars awarded! A total of 65 scholarships and 229 grants were dispersed. Students from Fairbanks, Marysville and North Union High Schools received over $75,000 to help defray the costs of post-secondary education. Grants covering a variety of areas of interest helped strengthen our Union County communities.

The Foundation welcomes grant requests as well as contributions to existing funds in order to continue the support for worthy causes in our communities. Our website (www.unioncountyfoundation.org) contains grant and scholarship guidelines/applications, information about existing funds, as well as information about initiating a new fund.


Grants from the Union County Foundation Unrestricted Grant Fund:
The following grants were awarded by the Foundation's Program Distribution Committee:
Union County Foundation Endowment Fund
-----Care Train of Union County
-----City of Marysville Parks & Recreation
-----E.C.H.O.
-----Fairbanks HS Mock Trial Program
-----International Family Center
-----Land Heritage Trust of Union County
-----Marysville HS Mock Trial Program
-----Memorial Hospital
-----Memorial Hospital Auxiliary
-----Memorial Hospital -- Women's Health Center
-----O.W.J.L.
-----Turning Point
-----U.C.A.T.S.
-----YMCA of Union County
Allocated but not awarded

$1,000.00
$500.00
$250.00
$500.00
$1,000.00
$1,000.00
$500.00
$1,000.00
$2,000.00
$3,000.00
$575.00
$1,947.00
$5,000.00
$1,328.00
$8,605.48

TOTAL UNRESTRICTED GRANTS


$28,205.48
Grants from Donor Advised & Scholarship Funds:
The following grants and scholarships were awarded based on:
-----Direction from fund advisors
-----Scholarship advisory committee's selection processes
Artbox Fund (2 scholarships)

$ 1,000.00

Burnside/Imbody/Fish Scholarship (5 scholarships)

$15,000.00

Charles W. Green Scholarship Fund (2 scholarships)

$4,000.00

Connolly Family Fund (1 grant)

$25,000.00

Corey Hoehn Memorial Scholarship Fund (1 scholarship)

$1,000.00

C.B. Mills Memorial Kiwanis Scholarship (1 scholarship)

$1,000.00

Council for Union County Family Fund (1 grant)

$12,850.00

Sargent Chamberlain Kiwanis Scholarship (1 scholarship)

$1,000.00

Pat Conlon Memorial Scholarship Fund (3 scholarships)**

$3,000.00

Dan B. Kyle Sholarship Fund (5 scholarships)

$6,203.00

Andrew Daum Memorial Art & Soccer Scholarship (3 scholarships)

$3,000.00

Sarah Kathryn Demchak Memorial Scholarship Fund (1 scholarship)

$1,000.00

Dr. Malcolm & Barbara MacIvor Memorial Fund (5 scholarship)

$10,500.00

Eagles Benevolence Fund (25 grants, 13 scholarships)

$141,490.00

Elks Benevolence Charity Fund (27 grants, 5 scholarships)

$59,621.10

FosterFriends Fund (7 grants)

$855.72

Hildreth Endowment Fund (1 grant)

$25,000.00

Jason K. Mathewson Memorial Scholarship Fund (1 scholarship)

$1,000.00

LaVerne & Juanita Yoder Charitable Fund (4 grants, 4 scholarships)

$21,979.40

Lewis Family Fund (5 grants)

$16,334.00

M.H.S. Alumni Scholarship Fund (2 grants, 4 scholarships)

$8,260.00

Marysville Housing Fund (1 grant)

$10,284.00

Marysville Moose Lodge Charity Fund (47 grants)

$42,500.00

McElheny Foundation Fund (1 grant)

$3,010.61

Mosaic Fund (5 grants)

$25,500.00

Mudgett Fund (1 grant)

$1,073.96

North Union District Veteran's Memorial Fund (25 grants)

$99,946.76

U.R.E. Scholarship Fund (8 scholarships)

$1,950.00

Georgeann Vollrath Memorial Fund (3 grants)

$2,000.00

Veterans Memorial Capital Fund (2 grants)

$21,543.00

Veterans Remembrance Fund (56 grants)

$402,968.97

Vietnam Traveling Wall Fund (1 grant)

$1,000.00

TOTAL UNRESTRICTED GRANTS


$971,870.55
   

TOTAL 2007 UNRESTRICTED AND RESTRICTED

$1,000,076.03


** Includes one 4 year renewable scholarship and prior years' renewals.  


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