Athens County Foundation, Inc Disclosure Statement

December, 2017*

Foundation Staff

Kerry Pigman, Executive Director

Eleni Zulia, Director of Program and Engagement

Shayne Lopez, Programs and Outreach Coordinator

Cindy Strausbaugh, Finance Manager

Foundation Board of Directors

Committee designations are indicated in parentheses; Governance Committee (GV), Finance (F), Development (D), Grants (GR), Audit (A)

Cheryl Sylvester, President

Peter Galbraith, Vice President (GV)

Scott Robe, Treasurer (F, GV)

Claudia Hale, Secretary (GR)

James McDonald (F,A)

Ruthie Nellis

Dr. Wayne Carlsen (D)

Steve Patterson (GR)

Otis Crockron (A)

Mark Seckinger

Candy Kemmerer (F)

Jessica Thomas

Julia Paxton-Pagan

Laurie Deal

The following non-board members also give generously of their time to serve on committees: Mark Snider (F), Mike Carpenter (F)

Professional Accounting and Audit

Gerlach and Associates

Investment Adviser

Edward Jones

Administrative Fees: The Foundation charges an administrative fee, approved by the Board of 1.5% for funds (of the average market value of the fund for the thirty-six trailing months ending 9/30 of the previous year. Funds over $500,000 are charged 1%.)

Investment Fees: The funds of the Foundation share proportionately, based on market value, in Investment fees.