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Community Trust & Operation Round Up

 

Boone Electric Community Trust SealBoone Electric Cooperative has always been committed to the communities it serves. From the very beginning, Boone Electric was founded with the intention of improving the quality of life of its members. That commitment was further enhanced through the creation of the Boone Electric Community Trust. More than $2.6 million has been given back to the community since the Trust was established in December 1997.

A Board of Trustees appointed by the Cooperative's Board of Directors manages the Trust. This volunteer Board consists of members and nonmembers from the cooperative's service area. The Board meets every other month to research and review funding applications and to determine how funds should be allocated. Current Trustees are Darrel Hansen, Cheryl Miller, Sarah Cummings, Dorothy Grant, Khesha Duncan, Cindy Glascock, Sharon McClure, John Truesdell and Steven Sapp.

 

Grant Application

Trust Application Guidelines (Please review before submitting grant.)

Trust Grant Application & Financial Statement

Grant Report (PDF)  Grant Report (Microsoft Word)

Please note: Applications submitted electronically are no longer accepted. Please drop the application in the mail or deliver to the Cooperative's headquarters at 1413 Rangeline St., Columbia, MO 65201. 

As of November 12, 2014, updated Boone Electric Community Trust policy requires organizations to submit a final grant report within six months of receiving funding. Organizations must provide a statement of expenses for the completed project, including receipts and invoices paid. Organizations should request money for tangible items.

 

Trust Board Meeting Dates and Grant Submission Deadlines

January 11, 2017 (grants must be submitted by December 1, 2016)

March 8, 2017 (grants must be submitted by February 1, 2017)

May 10, 2017 (grants must be submitted by April 1, 2017)

July 12, 2017 (grants must be submitted by June 1, 2017)

September 13, 2017 (grants must be submitted by August 1, 2017)

November 8, 2017 (grants must be submitted by October 1, 2017)

 

Funding the Trust 

The Trust is primarily funded through the Operation Round Up program and unclaimed capital credits. Each month, with less than a dollar, you can support your community. With Operation Round Up, members may choose to round up their monthly electric bill to the next highest dollar amount. The difference in change goes directly to the Boone Electric Community Trust. By participating in Operation Round Up each month, you will donate an average of $6 per year. This may not seem like a large amount, but if all of our members participate, the thousands of dollars raised every year will be a real benefit to our community. 

One-time donations, estate planning and other traditional forms of contribution will also be accepted. All contributions are tax deductible to the extent the law allows. Boone Electric donates all administrative services and incurred costs, so every penny donated is used directly for community assistance. 

 

Scholarship Program

In recognition of former Boone Electric Cooperative CEO/General Manager Robert Alderson, the Trust awards 13-$2,000 scholarships in May of each year. Scholarships are awarded to one graduating student from each of the public high schools in the Boone Electric Cooperative service area. Four at-large scholarships are also available to students from private schools, home schools and nontraditional backgrounds. The scholarships are awarded in May of each year. For more information click here.

 

 
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