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Local organization dissolves, signaling windfall for other NKY nonprofits



The Community Foundation of Northern Kentucky (CFNK) recently announced it will close its doors and divide $8.3 million in accumulated funds and assets across 16 local organizations.
 
In additional to administrative and operational oversight for the NKY region, the CFNK provides social, educational and health services to Northern Kentucky residents. The reasons for the organization’s dissolution have not been made public.
 
Representatives will present a check for the donation in a ceremony planned for this Thursday morning at the Metropolitan Club in Covington.
 
Organizations that will received the disbursed funds include Brighton Center, Covington Ladies Home, NKU Nursing program, St. Elizabeth Foundation and others.
 
Individual donation amounts have not been disclosed.
 
Read the full River City News story here.

 
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