Hendricks Power Cooperative announced that CoBank has matched four donations to support local organizations. Hendricks Power and CoBank each donated $5,000 to the Parks Foundation of Hendricks Co., $1,500 to the Hendricks Co. 4-H Fairgrounds, $2,500 to the Hendricks Co. Historical Society, and $1,000 to the Hendricks Civic Theater.
Each year, Hendricks Power nominates local organizations for CoBank’s Sharing Success program. The program matches the charitable contributions of CoBank’s customers, up to $10,000. Sharing Success was established in 2012 to celebrate the International Year of the Cooperative. Since the program’s inception, CoBank and its customers have together provided more than $65 million in support to charitable organizations across the nation.
“We are grateful for our relationship with CoBank and thankful that they recognize our community’s needs,” stated Greg Ternet, chief executive officer of Hendricks Power Cooperative. “These organizations serve a vital role in our community, and we are enthusiastic to see them receiving the support they deserve.”
“Over many years, we have found that one of the most impactful ways for CoBank to deploy charitable funds is to do so in partnership with customers, employees, and other Farm Credit institutions,” said Thomas Halverson, CoBank’s president & chief executive officer. “ We appreciate the opportunity to partner with Hendricks Power Cooperative to support these important efforts.”
Pictured left to right: CEO of Hendricks Power Cooperative Greg Ternet, PFOHC Executive Director Katy Cummings, PFOHC Board Member Marvin Blade