The Coshocton County Beacon January 8, 2020

FREE! 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 FREE! 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 0003_010820