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$50,000 will finally be transferred to help Heritage Center

$50,000 will finally be transferred to help Heritage Center

The Hill County museum board has decided not to postpone transferring $50,000 to the H. Earl Clack Foundation, despite losing $2,000 in interest revenue by withdrawing the money from a term investment.

The Clack Foundation has been waiting for the $50,000 to be placed in its endowment fund, four months after the museum board approved the transfer. Until Monday, it appeared possible that the delay might continue until April.

The transfer was set to happen this afternoon.

The museum board agreed Sept. 24 to use the $50,000 to bolster th...

 

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