The board of trustees appointed by the cooperative's board of directors runs the Trust . This volunteer board consists of members and nonmembers from the cooperative's service area. The board meets every other month to research and review funding applications and to determine how funds should be allocated. The Trust also may be funded in other ways. One-time donations, estate planning and other traditional forms of contribution will all be accepted.
All contributions are tax deductible to the extent that the law allows.
The Trust is being funded in part through a program called Operation Round Up. Boone Electric members may choose to round up their electric bill to the next highest dollar amount each month . The difference goes directly to the Trust. Boone Electric will donate all administrative services and incurred costs, so every penny donated will be used directly for community assistance. This may not seem like a large amount, but if all of our members participate, thousands of dollars could be raised every year.