| Carroll County Community
Foundation Facts
Founded.
June 14, 1994
Legal Form. Ohio non-profit corporation
Charitable Status. Through an affiliation with
Stark Community Foundation, a 501(c)(3) public charity, all contributions to The
Carroll County Foundation, Inc. receive most favorable tax deductibility treatment.
Governance. Nine-member Board of Governors with
six publicly-appointed and three at-large appointed by the Board itself.
Current Governors
RICK HANNON, Chair
FRANCES MAHMOUD, appointed by The Carroll County Retired Teachers’ Association
in 2006
JANET THOMAS, appointed by The Carroll County Commissioners in 2004
DEBRA K. HAUGH, Vice-Chairman, appointed as an at-large member in 2004
ROSE KIENZLE, appointed by The Carroll County Farm Bureau in 2005
RICK TRUMAN, Secretary
GARY PEARCE, appointed as an at-large member in 2006
SEAN SMITH
PASTOR JOHN LEAF, appointed by The Carroll County Ministerial Association in 2004
Total Assets on December 31, 2007: $10,412316
SCF Investment
Performance 98-07 - Download PDF
Asset Allocation 07 - Download
PDF
Investment Oversight. Stark Community Foundation
Investment Review Committee meets quarterly to review performance of Trustees
banks and investment managers. Current asset allocation is 60% equities plus 40%
fixed income and cash. Total return in 2005 (net of expenses) was 4.8%.
Types of Funds.
- General Purpose
- Field-of-Interest
- Designated
- Donor-Advised
- Agency Endowments
- Scholarships
- Future
Operating Cost.
Very minimal start-up costs (phone line, stationary, and brochure). SCF administrative
costs last year were about 70 basis points (7/10 of 1%); investment costs were
about 45 basis points. The Carroll County Foundation has benefited from the volunteer
efforts of the Board of Governors.
Staff. None
Front Row: Rose Kienzle, Janet Thomas, Debra Haugh, Frances Mahmoud
Back Row: Rick Truman, Rick Hannon- Chairman, Gary Pearce, John Leaf
Kathleen A. Stoneman not shown
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