Frazier Foundation awards $125,236 in grants
Nola Sizemore Staff Writer
Announcing grants totaling $125,236, the Robert E. Frazier Tri-City Charitable Foundation offered help to non-profit groups and cities in the Tri-City area of the county.
At a meeting held at the Tri-City Senior Citizen Center in Cumberland recently, Foundation Board Chairman Charles Cole announced the recipients of the grant awards.
“Also here with me today are board members Alma Cornett and Vera Ison. Missing today is L.R. Hogue and we’d like to remember his wife who just recently passed away, along with Roger Roper, who was here last year for the ceremony, but was unable to be with us today,” said Cole. “I was talking to some of you earlier, Mr. Frazier, who set this foundation up, was a good saver and a good investor so this is where this money comes from. It was his intention to give this money away to his community and he particularly named these three cities: Cumberland, Benham and Lynch, instead of the entire county, focusing on where he lived his entire life.”
Cole said last year, as a partial year, $100,630 was given away from the Frazier Foundation.
“We are also responsible for the investment of these funds and we use an investor adviser, BB&T Wealth Management of Lexington. So, if any of you follow the stock market on the news it has been up even more just recently and they say the economy is picking up,” said Cole. “Hopefully, it will here, but I suspect that we will have somewhere in the range of $328,000, if not more, next year to give away. So, if you or someone you know, have projects you need to do we would ask you to submit them through Bobbie Gothard, grant administrator.”
Applications for the spring grants will be received until April 30. You may contact Gothard at 606-524-4964. The grants are distributed semi-annually.
Receiving grants on Friday were as follows:
*City of Benham, for playground equipment at Sadie Long Park, submitted by former Mayor Shirley Dodd, $18,517;
*City of Lynch, for playground equipment at their city park, submitted by City Clerk Erica Eldridge, $22,241;
*Cumberland Tourism, for music entertainment at their Black Bear Festival, $10,000;
*Cumberland Elementary School, for computers in their kindergarten through second grade classrooms, $21,078. For girls basketball uniforms and accessories, $6,100 and for their 21st Century after school program $2,000;
*Southeast Kentucky Community and Technical College Foundation, for a new roof on a building which will house their Creative Development Center, $17,800;
*St. Stephens Outreach, to build a cold room for food distribution to help the less fortunate, $24,000;
*Harlan Fiscal Court/Tri-City Senior Citizens Center, to purchase awning for the front and side of the building, $3,500.
Reach Nola Sizemore at 606-573-4510, ext. 115, firstname.lastname@example.org
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