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Harrison County Community Foundation honored for comprehensive plan; foundation reports $188.6M in assets
Summary
The Harrison County Community Foundation presented the commissioners with a plaque recognizing an American Planning Association award for the county’s comprehensive plan; CFO Derrick Grigsby reported a YTD investment return of 3.4% and an approximate balance of $188,600,000 while noting the COVID-19 small-business loan program has closed.
Julie Moorman, president and CEO of the Harrison County Community Foundation, told the commissioners on May 19 that the foundation’s town planning initiative received an American Planning Association award and presented a plaque to the board. She said the effort had been supported through Lilly Endowment’s GIFT VII funding.
Derrick Grigsby, the foundation’s CFO, provided a quarterly investment update. Grigsby said the COVID-19 interest-free loan program for small businesses impacted by the pandemic has closed, with final repayments being received, and that the community fund’s year-to-date return was 3.4%, bringing the balance to approximately $188,600,000.
The foundation’s award recognizes the countywide comprehensive planning work; the commissioners received the plaque during the meeting and took no formal vote on foundation business.
The foundation representatives attending included Moorman and CFO Derrick Grigsby; the award and investment update were presented as informational items for the county record.
