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The Beacon
• Jan. 8 - 14, 2020 • Vol. 12 • No. 37•
P O S I T I V E LY
C O S H O C T O N
- Amber W.
See page 7
Coshocton
County’s
locally-owned
newspaper
Foundations sign
affiliation agreement
“It keeps me
up to date
about my
community. “
Bridge Project Update
C O U N T Y
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Contributed | Beacon
AloNovus Corp. has purchased The Coshocton County Beacon. Michael Mast, presi-
dent of AloNovus, (left) and Beacon owner, Mark Fortune, made the announcement of
the sale to employees on Jan. 2.
AloNovus Corp. purchases
The Coshocton County Beacon
MILLERSBURG - AloNovus Corp. has pur-
chased The Coshocton County Beacon.
Michael Mast, president of AloNovus, and
Beacon owner, Mark Fortune, made the
announcement of the sale to employees
on Jan. 2. AloNovus is a family-owned
print and digital-based marketing
company - parent to such brands as The
Bargain Hunter, Ohio’s Amish Country,
Wooster Weekly News and Bluefoot Tech-
nology. Fortune founded The Coshocton
County Beacon, a weekly community
newspaper, in 2008. He has expanded his
company’s offerings to include several
specialty publications as well.
SEE BEACON ON PAGE 11
COSHOCTON - The Montgomery Foundation
and the Coshocton Foundation are pleased
to jointly announce the recent signing of an
affiliation agreement between the two foun-
dations.
The newly-signed agreement permits
The Montgomery Foundation to become a
supporting organization of the Coshocton
Foundation, enabling The Montgomery
Foundation to change its IRS status to a public
charity. This change will make provision
for The Montgomery Foundation to receive
public contributions toward its endowment,
the same as the Coshocton Foundation. With
the previous classification as a private family
foundation, the only potential for endowment
growth was by additional family infusion of
funds. It is anticipated this collaborative will
preserve the endowment for perpetuity, to
be utilized for funding various projects and
organizations within Coshocton County.
The Montgomery Foundation was originally
founded as a family foundation in 1956 by
Edward and Frances Montgomery. Over the
past 63 years the foundation has undergone a
number of changes to facilitate the restoration
of Historic Village as well as funding numer-
ous projects through charitable contribu-
tions. In the 1980s the foundation divided into
two foundations, one – The Roscoe Village
Foundation, which oversees the development
of the educational programs of the Canal Era
as an operating foundation, and two – The
Montgomery Foundation, a non-operating
private foundation, providing financial sup-
port to the Roscoe Village Foundation as well
SEE FOUNDATIONS ON PAGE 11
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