2016 Annual Report

IMAGINE IF WE COULD EMPOWER A GENERATION TO TRANSFORM “I CAN’T” INTO “I CAN.”

WE CAN. TOGETHER.

2016 ANNUAL REPORT

of Kentuckiana Pictured on Cover: Fifth Grade Student, Kerrick Elementary, Jefferson County Public Schools FINANCIALLY RESPONSIBLE JA students incur less debt than their peers JA students know how to: * Create and manage a realistic budget * Improve their credit score * Utilize credit and debt appropriately * Save to achieve lifelong goals

CAREER READY JA students secure employment at higher rates than their peers JA students know how to: * Demonstrate communication, critical thinking, collaboration and innovative problem solving skills * Exhibit professional behavior and strong work ethic * Apply their skills, talents and traits to high demand jobs

ENTREPRENEURIAL JA students start companies at higher rates than their peers JA students know how to: * Leverage resources to start a business * Operate a business * Increase revenue and manage expenses to maximize profit * Think critically, solve problems and over come challenges - The Junior Achievement PIPELINE Five Programs for a Better Future

JA VOLUNTEER® IN ELEMENTARY CLASSROOMS Grades K-4

® JA FINANCE JA BIZTOWN ® Grade 5 PARK Middle/High School

HIGH SCHOOL PROGRAMS JA Job Shadow® JA INSPIRE® JA Company Program® Middle/High School JA Classroom Programs® You don’t need superpowers to BE A HERO. You just need to care. And, during the 2015- of Kentuckiana 16 school year, that’s exactly what you did. You may James W. Robinson Junior Achievement Center have given your time and energy as a volunteer in for Freedom of Enterprise the classroom, at JA BizTown, JA Finance Park, JA 1401 W. Muhammad Ali Blvd. Inspire, or you may have contributed to our mission Louisville, KY 40203 by investing dollars that make a real, measurable difference for Kentuckiana youth. www.JAKY.org | 502-561-KIDS

You sent a powerful message to the young people Junior Achievement Supports in our region that you believe in their ability to be students in public, parochial, and private schools in the following 26 counties throughout Kentucky financially capable and tenacious. You believe in and Indiana: their futures...and all the things they will one day achieve in their careers. You have helped further emphasize that the skills and concepts taught in Indiana Junior Achievement programs are concepts that we, as a society, cannot afford to overlook in our school systems.

It takes just one generous donor to provide the means necessary to unveil a world of possibilities to JA participants. And it takes just one passionate volunteer to ignite a new sense of hope within these children. We would like to thank you for stepping Kentucky up to the plate this year and helping to show more than 62,000 of our region’s kids the possibility of what they can do if they work hard.

Because of your generous contributions and time, you have helped JA take another step toward our goal of giving this generation unparalleled hope for the future and the skills to turn their dreams into reality. Superpowers or not, you’re a hero in our eyes. THANK YOU. Christopher J. Kramer Chairman YOUR NAME IS IMPORTANT! We have carefully reviewed the names listed in this report. However, in a listing of this length, errors may occur. If your name has been omitted, misspelled or incorrectly listed, please accept our apology and bring the error to our attention so that we may correct our records. Write Junior Achievement of Debra Hoffer Kentuckiana Inc., 1401 W. Muhammad Ali Blvd., Louisville, KY President 40203, call 561-KIDS or e-mail [email protected]

Junior Achievement of Kentuckiana Inc. would like to express appreciation to the following in producing this year’s annual report: Layout Design: Derek Stiller | Printing Company: Clark and Riggs “PERHAPS I AM

STRONGER THAN “ I THINK. —Thomas Merton

At Bellarmine, educational success is made attainable with the help of dedicated faculty and advisors. All students are able to sign up for the courses they need to complete their majors, guaranteeing graduation within four years. For more information or to schedule a campus tour, visit bellarmine.edu/explore. Explore the world. Start within. PLANT TREES, SO THAT OTHERS MIGHT ENJOY THEIR SHADE.

OWSLEY BROWN II (1942–2011) REFERENCING A FAVORITE GREEK PROVERB

BROWN-FORMAN CONGRATULATES 2017 JUNIOR ACHIEVEMENT HALL OF FAME LAUREATES:

Diane B. Medley, Managing Partner, MCM CPAs & Advisors Victor A. Staffieri, Chairman, CEO and President, LG&E and KU Energy, LLC – and our own – Paul C. Varga, Chairman & Chief Executive Officer, Brown-Forman Corporation

Three of Greater Louisville’s vision and innovation; inspiring outstanding business and civic leadership; and community “What a terrific honor to be asked leaders were inducted into the involvement. They are role models to serve as the Honorary Chairman Kentuckiana Business Hall of Fame for our future generations. of the Junior Achievement 2017 to benefit Junior Achievement of Kentuckiana Business Hall of Fame Kentuckiana. The event was held The Laureates are chosen by a Dinner. JA teaches some of the most on Thursday, March 2, 2017 at the selection committee independent important skills a human being can Louisville Marriott Downtown of the Junior Achievement Board of have – a basic understanding of Marriott Ballroom. A reception Directors, staff and WDRB-TV. The money, budgets, and business. These honoring the inductees began at 6 Kentuckiana Business Hall of Fame are lifelong skills that can encourage p.m. followed by the awards dinner was founded in 1982. our young people to be successful at 7 p.m. in their future endeavors. For years These distinguished business Junior Achievement has recognized business leaders The evening, hosted by Junior leaders joined 110 previously who have had a significant and positive impact in our Achievement of Kentuckiana along honored Kentuckiana Business Community and the 2017 honorees represent some with title sponsor WDRB-TV and Hall of Fame recipients: Diane of the best role models our children could ever have. dinner sponsor Crowe Horwath, B. Medley, Managing Partner of Please join me in congratulating the 2017 Kentuckiana LLP, recognized individuals for MCM CPAs & Advisors, Victor Business Hall of Fame Laureates for all that they have their significant contributions to A. Staffieri, Chairman & CEO of done for Kentuckiana and for their contributions that the Greater Louisville business and LG&E and KU Energy, LLC, and will inspire future business leaders.” civic communities. Those honored Paul C. Varga, Chairman & Chief demonstrate business excellence; Executive Officer, Brown-Forman Theodore H. Nixon, Chairman & CEO courageous thinking and actions; Corporation. D. D. Williamson & Co., Inc. Laureate Bios

Diane B. Medley, CPA, ABV, CGMA Victor A. Staffieri Paul Varga Active in public accounting Vic Staffieri is in his 17th Paul Varga was appointed since 1981, Diane Medley year as Chairman and President and Chief co-founded Chilton & CEO of Louisville Gas Executive Officer of Brown- Medley in 1988 and and Electric and Kentucky Forman Corporation on Mountjoy Chilton Medley Utilities. The combined August 1, 2005, and LLP in 2010. Diane has led became Chairman of the companies have annual company in August 2007. the firm through several revenues of more than $3 mergers and acquisitions, He has been a member of billion and assets in excess the company’s board of making MCM the largest of $10 billion. Before CPA firm in the region with directors since 2003. four locations and over 300 employees. Today assuming his current responsibilities, he served as President and Chief Operating As CEO, Paul has led the company’s the firm is the 82nd-largest professional and long-term growth strategy, resulting in financial services firm in the United States. Officer, Chief Financial Officer and General Counsel. Prior to coming to Kentucky in the fastpaced international expansion of As Managing Partner and Co-Founder, she the business and the transformation of was the first woman to hold this leadership 1992, Vic was General Counsel of Long its portfolio of consumer brands. He has position in the public accounting industry in Island Lighting Company, a Fortune 500 overseen the global growth of Jack Daniel’s Kentucky and is currently one of only four Company in New York. and Woodford Reserve while acquiring and female Managing Partners of the Top 100 building additional strategic whiskey brands. Firms in the U.S. Medley also co-founded Vic has been directly involved in the strategic Meritrust Wealth Management LLC, an transformation of LG&E and KU. He served Paul has championed people development affiliate company which provides financial as one of the principal negotiators in the and talent management efforts while planning and investment guidance and mergers with KU in 1998 and Powergen supporting new initiatives around product management. in 2000 and then oversaw the company’s development, cost containment and corporate social responsibility. In 2009, transactions with E.ON and PPL. In addition he established the office of Diversity and Diane’s other distinctions include Alumna to his duties in Kentucky, Vic has served on Fellow of the Year of the University of Inclusion and has been a strong supporter the Board of London-based Powergen and of the company’s diversity efforts worldwide. Louisville, 2015; Women Leading Kentucky, the nine-member Executive Committee Martha Layne Collins Award, 2015; Tower of E.ON in Düsseldorf, Germany – which Prior to becoming CEO, Paul served as Award for Business, 2009; Business First was the largest investor-owned utility in President and Chief Executive Officer of Who’s Who in Finance and Accounting, 1995; the company’s Brown-Forman Beverages Outstanding CPA, 1987 and Outstanding the world – and he now is a part of the PPL senior leadership team. subsidiary. Since he assumed responsibility Alumnus, 1993 Award from University for the company’s beverage business in 2003, of Louisville Beta Alpha Psi Accounting Brown-Forman’s reported annual operating Fraternity; Kentucky Society of CPAs Award Vic has a long history of community service. income has grown from $378 million to for Highest Grades on May 1981 CPA Exam; He has been Chairman of the Louisville $1,048 million, representing a compound Elijah Watt Sells Award for National High Chamber of Commerce, Chairman of the annual growth rate of 8% over the 12-year Distinction on May 1981 Exam. 2002 United Way Campaign, Chairman of period. the Coordination Council for Economic Diane holds several certifications, including Development Efforts and Chairman of a After beginning his career at Brown-Forman Certified Public Accountant, Accredited recent statewide task force on Postsecondary as a summer intern in 1986, Paul worked in in Business Valuation Certified Valuation Education. He was Dinner Chair for the Chicago, Southern California, Nashville and Analyst and Chartered Global Management National Conference, Junior Achievement Louisville in a variety of positions, including Accountant. She currently serves as a board and the Catholic Charities Foundation. Vic many years of overseeing the company’s member of Brinly-Hardy Inc., a private, most important brand, Jack Daniel’s. Starting has served on the boards of Fifth Third Bank in the mid-1990s, he helped the company multigenerational family company based in Louisville, Mid-America Bancorp, The establish its global brand management in Southern Indiana; Vice Chair of Hardin Edison Electric Institute, the Muhammad system which today continues to provide Memorial Health Foundation; board member Ali Center, Leadership Louisville and marketing direction on behalf of Brown- of Nucleus; Chair of Greater Louisville Inc.; Bellarmine University. Forman’s brands throughout the world. Paul advisory member to One Southern Indiana’s also served as Senior Vice President and Economic Development Council; steering In Vic’s 37-year business career, he has been Chief Marketing Officer for Brown-Forman committee member of 2020 Women on Beverages. Boards; past officer of Louisville Chapter fortunate to be surrounded by superbly of NAWBO; past board member of the talented individuals. In Kentucky, our Paul is a member of the board of directors Kentucky Society of CPAs; member of the utility emphasis on safety, customer service, for Brown-Forman and Macy’s Inc. He is International Women’s Forum, the AICPA, community involvement and providing a past board member of the Metro United the KyCPA and the National Association of reliable energy are products of their Way, Muhammad Ali Center, the Louisville Certified Valuation Analysts. collective efforts. Urban League, the YMCA of Louisville and Three Chimneys Farm, a Kentucky-based After graduating from Meade County Vic played football at Yale. He is a two- thoroughbred horse business. High School in 1973, Diane attended UofL time All-Ivy and All East selection and and graduated with a bachelor’s degree in a member of the quarter-century All Ivy Paul earned his bachelor of business commerce in 1980 with highest honors. She administration degree in finance from Team. Recently Vic was honored as one the University of Kentucky in 1985. He was the class valedictorian of the college of the 100 best players in the century-old went on to earn his master’s in business of Business and was named Outstanding history of Yale Bowl. He played on two Ivy administration at Purdue University in 1987. Senior in Accounting. Championship teams and was the 100th Yale football captain. Paul resides in Louisville with his wife, Diane still resides in Meade County, Ky., with Melissa, and their three children. her husband. She frequently travels the globe Vic and his wife of 37 years, Kim, have four and spends time with her four children and children. five grandchildren. Pillars

of successJA programs center around Three main pillars: * Entrepreneurship * Financial Literacy * Career and Work Readiness

Volunteers visited classrooms in 2015-16 school 1,745 year! Why

JA volunteers make school VOLUNTEER? relevant and fun, which Volunteers play a key role in bringing Junior Achievement means kids are more likely to life. By sharing their personal and professional experiences and skills with to become contributing, students, they help them make the connection between what students are successful members of our learning in school and what they will need to succeed in work and life. community. • JA provides the Junior Achievement makes volunteering fulfilling and offers flexible training, materials, and encouragement scheduling options. Our curriculum provides everything needed to make • You bring your great participation in JA interactive and engaging for students. attitude, experiences and enthusiasm In as little as an hour a week--or even a single morning--you can make a • The time commitment is as difference in the lives of young people. Your Junior Achievement experience little as one hour a week will leave you feeling proud, energized, and hopeful about a better future for our young people. Students develop their superpowers as they: • Learn the importance of staying in school • Are inspired by role models they might not otherwise have Thank You! • Explore career options and dream big 1,745 volunteers made a difference • Start to think “I can!” by teaching JA programs in classrooms this year. To learn more, visit www.jaky.org

ADVERTISING MATERIAL

CONGRATULATIONS TO THE 2017 KENTUCKIANA BUSINESS HALL OF FAME LAUREATES: DIANE MEDLEY VIC STAFFIERI PAUL VARGA

You’ve built your career while building a brighter future for our community.

You’ve had the vision to imagine a better tomorrow and the courage to make the tough decisions to make it a reality. You’ve held yourself to the highest standard of business excellence and provided a level of leadership that others emulate. You’ve inspired the next generation of trailblazers by your example.

Thank you for your leadership, Diane, Paul and Vic. And thank you, Junior

Achievement of Kentuckiana for developing the community leaders of tomorrow.

LOUISVILLE LEXINGTON FRANKFORT EVANSVILLE PITTSBURGH SKOFIRM.COM Year in Review JA ENTREPRENEURS DIVE DEEP

Jefferson County Public Schools’ Central High School team members who won the JA Startup Pitch Competition were hired by Mayor Greg Fischer’s SummerWorks program to develop their product idea. Guided by the multi-talented performer and self-proclaimed “geek”, Divinity Rose, the team took a deeper dive into the world of entrepreneurs. The experience included job shadows at manufacturers to learn about assembly; visits with companies like Advanced Solutions, who demonstrated the future of medical devices; input from Amazon, who showed them product fulfillment techniques; talks by entrepreneurs; and hands-on learning of coding, welding, and marketing. Student Dionta McCraney reflected on the experience, “I learned to take chances... sometimes you need to jump off that ledge to see what’s in the water. (That’s) a big thing in business and the market.” JA STUDENTS FLOOD INTO FORD PLANT More than 400 students from area high schools learned about careers in advanced manufacturing at the Ford Louisville Assembly Plant during the school year. JA Board Member Tami Hatfield-Kennedy and her colleagues conducted 18 separate JA Job Shadow events where students learned about careers in manufacturing, toured the plant, and practiced assembling parts in a simulated factory. In addition, students practiced the soft skills needed for success in the workforce. This high school capstone experience brings real-life messages to students as they make that leap into the next phase of their lives. JA INSPIRE BRINGS CAREERS TO LIFE JA Inspire, created by a coalition of educators and industry leaders and led by Junior Achievement of Kentuckiana, energized students, educators and business mentors during this pilot year. At the center of this work were powerful events that were massive, measured both in square feet and impact. Much like JA BizTown and JA Finance Park, all students participated in classroom curriculum before and after the event. The capstone experience of JA Inspire was an interactive, hands-on, career exploration for 8th-9th grade students. The events, held at the Kentucky Exposition Center, featured a showcase of careers attainable at regional businesses, non-profits, government agencies and educational organizations.

October 2017 will bring a greatly-expanded JA Inspire event which will include 100 interactive career stations with 400 mentors who will share their career advice with nearly 10,000 students, engaging them with equipment, technology and the opportunity to “step into the shoes” of employees from all industries. JA GOES DIGITAL Junior Achievement is always striving to put forth programs that are not only on the cutting edge of the educational landscape but also closely aligned with state academic content standards. JA made progress toward our goal of moving all middle and high school programs to the blended learning format with the roll-out of the blended versions of JA Personal Finance® and JA Global Marketplace®. This approach merges JA’s proven volunteer-based delivery model with the latest technology to create a blended learning environment that provides a relevant, responsive and innovative portfolio of learning experiences. A U.S. Department of Education meta-study shows blended learning is more effective than online-only learning models, especially when it relates to at-risk populations. Add to it a passionate JA volunteer, and the inspiration starts flowing!

JA_Hall_of_Fame_7_5_x_5_011017a.pdf 1 1/10/2017 4:16:16 PM Junior Achievement Kentuckiana Business Hall of Fame Previously Inducted Laureates (as of February 2017) James R. Allen -2014 Edward A. Ford III - 2003 W. Bruce Lunsford - 1993 Al J. Schneider - 2002 Hilliard Lyons Fetter Printing Company Vencor, Inc. Developer Nolen C. Allen - 2005 Owsley Brown Frazier - 2004 Leonard E. (Lenny) Lyles - 2013 Debbie Scoppechio - 2000 Cotton & Allen, P.S.C. Brown-Forman Corporation Executive and Developer Creative Alliance, Inc. Robert S. Allison - 1999 Dwight Gahm - 1998 Dr. Mark Lynn - 2016 Max L. Shapira - 2013 Doe-Anderson Advertising Kitchen Kompact, Inc. Dr. Mark Lynn & Associates PLLC Heaven Hill Distilleries, Inc. and Public Relations Ronald G. Geary - 1998 Charles I. McCarty - 1996 Frank E. Simon - 2000 William H. Beach - 2005 ResCare, Inc. BATUS Publishers Printing Company Beach Mold & Tool, Inc. C. Edwin Gheens - 2012 Dee Maynard - 2010 Nicholas X. Simon - 2014 James B. Beam - 2009 Bradas Candy Company Keystone Services, Inc. Publishers Printing Company Jim Beam Brands Company George N. Gill - 1992 Thomas H. Meeker - 1997 Thomas C. Simons - 1989 Isaac W. Bernheim - 1985 The Courier-Journal Churchill Downs Incorporated Capital Holding Corporation Bernheim Brothers Distilling C. Edward Glasscock - 2004 A. Stevens Miles, Jr. - 2005 R. Gene Smith - 1995 Company Frost Brown Todd LLC First Kentucky National Corporation R. Gene Smith, Inc. Barry Bingham, Sr. - 1985 H. Charles Grawemeyer - 1995 Mary S. Moseley - 2013 Sandra Metts Snowden - 2014 The Courier-Journal & Louisville Reliance-Universal/Plastic Parts Inc. The Al J. Schneider Company Metts Company Realtors Times Co. J. David Grissom – 1991 J. D. Nichols - 1990 James Breckinridge Speed - 2011 Ulysses L. Bridgeman, Jr. - 2002 Mayfair Capital, Inc. NTS Corporation Businessman and Industrialist Bridgeman Foods, Inc. John R. Guthrie - 2013 Gouverneur “Bo” H. Nixon - 2009 William M. Street - 2012 Christina Lee Brown - 2001 Guthrie/Mayes Public Relations D.D. Williamson & Co.,Inc. Brown-Forman Corporation Louisville Stoneware Company John Harold Hardwick - 1984 Theodore H. Nixon - 2009 A. R. Sullivan - 2009 J. Graham Brown - 1982 Louisville Trust Company D.D. Williamson & Co., Inc. The Sullivan University System Brown Hotel/Brown Lumber Michael N. Harreld - 2006 George W. Norton, Jr. - 1984 William E. Summers III - 2007 Company PNC Bank WAVE Inc. Summers Broadcasting Governor John Y. Brown, Jr. - 1994 Henry V. Heuser, Sr. - 1993 David C. Novak - 2003 Samuel G. Swope - 2000 Kentucky Fried Chicken Corporation Henry Vogt Machine Company Yum! Brands, Inc. Sam Swope Auto Group, Inc. Owsley Brown - 1985 J. Henning Hilliard - 1988 James A. Patterson - 1989 Susan Stout Tamme - 2011 Brown-Forman Corporation J.J.B. Hilliard-W.L. Lyons, Inc. Pattco, Inc. Baptist Healthcare System Owsley Brown II - 2001 John A. “Bud” Hillerich - 2010 Norman E. “Ned” Pfau, Jr. - 2012 Lee B. Thomas - 1982 Brown-Forman Corporation Louisville Slugger Geo. Pfau’s Sons Co. Thomas Industries Inc. Juanita Pauline Burks - 2004 Alice K. Houston – 2006 Carl F. Pollard - 1994 Lee B. Thomas, Jr. - 2007 J.P. Construction Co./Tender Loving Houston-Johnson, Inc. Columbia Healthcare Corporation Universal Woods, Inc. Care Nurses Registry Wade Houston – 2006 Woodford R. Porter, Sr. - 1991 W. Kent Taylor - 2011 Tommie Burns, Jr. - 1995 Houston-Johnson, Inc. A. D. Porter & Sons Texas Roadhouse Inc. Burns Enterprises, Inc. Frank B. Hower, Jr. - 1990 Merwin J. Ray - 2005 James H. Thornton - 1999 Dann C. Byck - 1983 Liberty National Bank Steel Technologies Inc. Thornton Oil Corporation Byck Brothers & Company Joseph H. Huber, Jr. - 2010 Sam R. Rechter - 1999 Bernard M. Trager - 2003 Mary Helen Byck - 1983 Huber Family Farms Rogers Group Investments, Inc. Republic Bank & Trust Company Byck Brothers & Company Cornelius E. Hubbuch, Sr. - 1988 James D. Robinson - 1984 Steven E. Trager - 2015 Malcolm B. Chancey, Jr. - 1996 Hubbuch’s of Kentucky Robinson Nugent, Inc. Republic Bank Bank One, Kentucky, NA Roy H. Hunt - 1996 James W. Robinson - 1998 Daniel C. Ulmer, Jr. - 2010 Wendell Cherry - 1992 Hunt Tractor, Inc. Robinson Nugent, Inc./Caldwell Louisville Bats Baseball Humana Inc. Charlie W. Johnson - 1997 Tanks, Inc. Henry Vogt - 1990 Douglas F. Cobb - 2001 Active Transportation Company Robert W. Rounsavall, III-2014 Henry Vogt Machine Company Appriss Inc. Maurice D. S. Johnson - 1984 Dixie Real Properties, LLC Henry C. Wagner - 2002 Archibald P. Cochran - 1983 Citizens Fidelity Bank & Trust Co. Mason C. Rudd - 1991 Jewish Hospital HealthCare Services Cochran Foil/Anaconda Aluminum David A. Jones, Sr. - 1989 Rudd Equipment Company Stephen A. Williams - 2006 C. Lee Cook - 1988 Humana Inc. T. William Samuels, Sr. - 1994 Norton Healthcare C. Lee Cook Manufacturing Warner L. Jones, Jr. - 2001 Maker’s Mark Distillery W. Armin Willig - 1983 Company Hermitage Farm Bill Samuels, Jr. - 2006 Dixie Beer Distributors, Inc. Gordon B. Davidson - 2007 George N. King Sr. - 2015 Maker’s Mark Distillery, Inc. Colonel Martin “Matt” Winn - 2011 Wyatt, Tarrant & Combs, LLP Mr. Klean’s Janitor & Maintenance Colonel Harland Sanders - 1982 Churchill Downs Inc. Chuck P. Denny - 2016 Service Kentucky Fried Chicken Corporation Wilson W. Wyatt, Sr. - 1994 PNC Samuel H. Klein - 1997 A. B. Sawyer - 1985 Wyatt, Tarrant & Combs Diane B. Fischer - 2016 Bank of Louisville & Trust Company Kentucky Dairies, Inc. Cathy Zion – 2015 L&D Mail Masters LLC Baylor Landrum, Jr. - 1993 John H. Schnatter - 2000 Zion Publications LLC George E. Fischer - 1992 Alexander & Alexander of Kentucky Papa John’s International, Inc. SerVend International A TRUE-BLUE COMMITMENT TO EXCELLENCE.

How did St. Xavier become Kentucky’s only four-time National Blue Ribbon award winner? By engaging young men in programs and activities that foster a level of respect, honor, and service that endures beyond their time on campus. Learn more about the Catholic college-preparatory school voted SAINT XAVIER HIGH SCHOOL Louisville Magazine’s Best Private School for 2016 by visiting saintx.com. June 12-16, June 26-30 and July 10-14 9am-4pm ages 9-12 EnrollEnroll Today!Today! Call 502-561-KIDS (5437)(5437) or visit www.jaky.org/summercamps

Building Lasting Value

Crowe Horwath LLP is proud to support Junior Achievement of Kentuckiana and congratulates the 2017 Kentuckiana Business Hall of Fame Laureates. To learn more, visit crowehorwath.com or contact Greg Stump at +1 502 420 4478 or [email protected].

Audit / Tax / Advisory / Risk / Performance Smart decisions. Lasting value.™

In accordance with applicable professional standards, some firm services may not be available to attest clients. © 2017 Crowe Horwath LLP, an independent member of Crowe Horwath International crowehorwath.com/disclosure FW-17200-008W Junior Achievement of Kentuckiana Volunteer Firms 2015-2016 Adelante-Hispanic Achievers Dakkota Integrated Systems, Interapt LouVino Spalding University Allen Financial Group LLC ISA Inc. Lubrizol Advanced Materials Specialty Orthopedics Amatrol, Inc. Daymar College-Louisville Ivy Tech Community College of MainSource Bank Spencerian College Amazon Fulfillment Center Deloitte & Touche LLP Indiana Marsh & McLennan St. Gabriel School American Air Filter - AAF Deming, Malone, Livesay & J. J. B. Hilliard, W. L. Lyons, Companies, Inc. St. George’s Community International Ostroff LLC Masonic Homes of Kentucky Center American Commercial Barge Dismas Charities Jason Wade State Farm Massachusetts Mutual Life Steel Weld Inc Line Ditto Wealth Management Agency Insurance Company Stock Yards Bank & Trust American Express Company Doe-Anderson, Inc. JCPS-Volunteer Talent Center McDonald’s Corporation Company American Founders Bank Dynacraft Jefferson Audio Video Systems MCM CPA & Advisors Stoll Keenon & Ogden PLLC American Heart Association Eddie Bauer Jefferson County Federal Medtronic, Inc. Sullivan University Anthem, Inc. Edward Jones Credit Union Meiners Electrical Services Taylor and Associates ARGI Financial Group Elite Homes Inc. Jefferson County Hall of Mercer Human Resource Texas Roadhouse, Inc. AT&T Inc. Elk Run Golf Club Justice Consulting The Allstate Corporation Atlantic 5 Ernst & Young LLP Jefferson County Public Metropolitan Sewer District The Brook Hospital-Dupont Automatic Air Corporation Evaluation Works Schools Mike Brooks + Associates, Inc. The Dow Chemical Company Automatic Data Processing, Execuity Jennings Orthodontics, PLLC National Weather Service The Enterprise Corporation Inc. Extell Financial Services Jewish Hospital-Shelbyville Net Tango, Inc. The Kentucky Center Baptist Medical Associates Family Allergy & Asthma Jim Beam Brands - Clermont Netherton Home Inspections The Learning House, Inc BAREfit Adventure Training Farm Credit Mid-America Jim L. Fine Attorney New Albany-Floyd County The PNC Financial Services BB&T Corporation Fifth Third Bancorp Joe Hayden Real Estate Team Education Foundation Group, Inc. Beach Mold & Tool, Inc. First Citizens Bank Johnson & Johnson New Hope Services The Salvation Army Bellarmine University First Harrison Bank Johnson Controls, Inc. New Washington State Bank Today’s Woman Big Brothers Big Sisters First Savings Bank Jones, Nale & Mattingly PLC Norton Healthcare Triple D Manufacturing Big Brothers Big Sisters of Floyd Central High School JPMorgan Chase & Co. Norton Hospital TriZenter LLC Washington County Ford Motor Company Kelly King & Company Nuplex Resins Tyson Foods Inc. BKD, LLP Frazier International History Kentuckiana Curb Company, Oak Park Baptist Church U.S. Bancorp Blue Heaven Technologies LLC Museum Inc. Old National Bancorp U.S. Small Business Boehringer Ingelheim Frost Brown Todd LLC KentuckianaWorks One Southern Indiana Administration Pharmaceuticals, Inc. Fund for the Arts Kentucky Farm Bureau - Omni Hotel UBS AG BoxCar PR G. Starks Realty Co. Lindsey Alicna Orlead Sciences United Assoc. Plumbers, Boys and Girls Club of Galen College KentuckyOne Healthcare Our Lady of Peace Pipefitters & Service Kentuckiana Newburg Gear Brake Kentucky Opera Papa John’s International, Inc. Technicians Local Union Brown-Forman Corporation Geek Squad Kentucky Planning Partners Park Community Credit Union 502 Brundage Jewelers General Electric Company Kentucky State Treasury PBI Bank United Parcel Service, Inc. Bullitt County Fiscal Court General Motors Kentucky Society of CPAs Peoples Bank of Mt. United States Coast Guard Burke Heating and Cooling GFS Keystone Services, Inc. Washington United Way Worldwide Cantor Fitzgerald GlaxoSmithKline KFC Yum! Center PharMerica Corporation Universal Woods, Inc. Cardinal Carryor Company Graeter’s Ice Cream KHEAA Pine Tree Communications University of Kentucky - Bullitt CareFusion Great Northern Building Kosair Children’s Hospital Pinnacle Entertainment County Catholic Enrichment Center Products, LLC Kroger 396 PMR Companies LLC University of Louisville Cathy Fyock, CSP Greater Louisville Inc./ Lassiter Middle School PNC Bank Ventas, Inc. CE Power Solutions The Metro Chamber of LG&E and KU Energy LLC Private Client Services Venture Resource Cecilian Bank Commerce LG&E Mill Creek Station ProLift Industrial Equipment Vogt Power Centra Guess? Liberty Mutual Insurance Co., LLC V-Soft Consulting Group, Inc. Census Bureau Hanover Search Partners, LLC Company Publishers Printing Company Washington County Centric Consulting Hardin County Government Lloyd & McDaniel, PLC PwC Government Chapman Engineering Harrison County Chamber of Lone Star Contracting Quadrant Financial Washington County SOAR! Chemours Commerce Los Monitos Language R. J. Reynolds Tobacco WDRB Media Cintas Harrison County Hospital Company Raymond James Financial, Inc. Wehr Constructors Inc. Citizens Union Bank Harrison County REMC Louis Roth & Co., PLLC RE/MAX Western Middle School Clarcor Air Filtration Products, Harshaw Trane Service Louisville Fire Department Real Estate Marketplace WHAS-TV Inc. Hexion Inc. Louisville Jefferson County Republic Bank & Trust Wilson & Muir Bank & Trust Code Louisville Highland Park Community Metro Company Co. Coldwell Banker McMahan Co. Development Corporation Louisville Metro Animal Right Path Financial Window World Commonwealth Bank & Trust Holy Cross High School Services Rineyville Elementary School Winnie Boling DMD PLLC Company Horseshoe Foundation of Floyd Louisville Metro Cabinet for RiverWorks Discovery Wurth Snider Bolt & Screw Commonwealth of Kentucky County Health and Family Services Robert Half International Inc. YMCA of the USA Commonwealth Sign Company Horseshoe Southern Indiana Louisville Metro Community Rocket Man Inc. Younger Healthcare Consulting Inc. Howell and Emery, PLLC Action Partnership Rodefer Moss & Co., PLLC Your Community Bank Community First Bank HMS Global Maritime Louisville Metro Corrections S & J Precision Yum! Brands Inc. Community Foundation of HRG Marketing Louisville Metro Emergency Samtec, Inc. Zeon Chemicals Southern Indiana Humana Inc. Services Scoppechio Complete Music Video Photo Hussung Mechanical Louisville Metro Government Service Master Constellation New Energy Contractors Louisville Metro Police Sew Fitting Crossfade Design Indiana Farm Bureau Department Silver Fox Cafe CRS Reprocessing Services, Insurance Louisville Metro Youth Smith Barney LLC Indiana University Southeast Detention Services Southwest Center D. D. Williamson & Co., Inc. Ingrid Design Louisville Public Warehouse Southwest Community Integrity HR, Inc. Co. Ministries, Inc. With JA, You Get Strong ROI

Student Population Benchmark Cities Students Reached

JAKY 283,800 JAKY 62,130

City 1 392,120 City 1 31,230

City 2 508,310 City 2 24,390

City 3 593,260 City 3 46,310

City 4 812,630 City 4 41,960

Instructional Hours Expense Per Student Per Instructional Hour

JAKY 10.5 JAKY $3.29

City 1 10.2 City 1 $3.87

City 2 13.7 City 2 $5.62

City 3 5.8 City 3 $3.98

City 4 8.9 City 4 $4.83

Positive Attitude Change Knowledge Gain Toward Post-Secondary Education 1.63 JAKY achieved knowledge gain 217% greater than .75 national average.

6 out of 7 students demonstrated a positive attitude toward education beyond high school. Nat. Av. JAKY

Sources: Junior Achievement of Kentuckiana, In. (JAKY) Competitive Cities Benchmarking Report, February 2016, Published by Junior Achievement USA; JA BizTown® and JA Finance Park® Summative Evaluations, Program Impact: Final Results, December 2015. Sam Swope JA BizTown & CHASE JA Finance Park Sponsors James W. Robinson Junior Achievement Center for Freedom of Enterprise Junior Achievement would like to express its deepest gratitude to the JA Center sponsors who give generous donations and lend their brands to JA BizTown and JA Finance Park to create real-life economics education experiences for our region’s students.

Lead Facility Gift – Mr. & Mrs. James W. Robinson Sam Swope JA BizTown – Sam Swope Auto Group CHASE JA Finance Park – CHASE

Sam Swope JA BizTown Storefront Sponsors Bank – Stock Yards Bank “Thank you for letting me know about Medical Center – Norton Children’s Hospital the real world. Now I know why my Delivery Center – UPS Dad comes home and looks like he was Restaurant – Papa John’s Newspaper – The Courier-Journal in a tornado and then he takes a long Supply Center – Kroger nap. I took a nap, too! I learned a lot Utilities Center – LG&E- KU Energy when I went to JA BizTown, but I’ll just TV/Technology Center – WDRB Media, The Halo Group Radio Station – Alpha Media Louisville name three things. One, I learned all Business Center – Better Business Bureau about banking and keeping track of my Philanthropy Center – Community Foundation of Louisville money. Two, I learned to get along with CPA Office – Kentucky Society of Certified Public Accountants Realty Office – Marshall Charitable Foundation people I didn’t know and that was a new Dental Insurance – Delta Dental experience for me. And, three, I learned Interactive Wall – Ford Next Generation Learning to have fun, do my best and focus on Street Sponsors – PNC, Mr. & Mrs. James W. Robinson, John L. Helm, Henry Heuser what I was doing.” Job Sponsors – Tri-Arrows Aluminum (environmental specialist) Arrica Burns - 5th grade student CSX Transportation (safety team members) Town Amenities – Vermont American, D.D. Williamson, BB&T

CHASE JA Finance Park Storefront Sponsors Auto Center – Sam Swope Auto Group CAPSTONE SCHOOL Car Insurance – UAW Local 862 and The Ford Motor Co. Health Insurance – The Humana Foundation SPONSORS Home Improvement – GE Appliances First Savings Charitable Foundation Wellness Center – KentuckyOne Health Bank/Investment Center – CHASE/JP Morgan Harrison County Community Foundation Restaurant – Texas Roadhouse New Albany-Floyd County Education Foundation That’s Life – Delta Dental University – University of Louisville Daniel C. Ulmer University Wall – Indiana University Southeast Telecommunications – AT&T Entertainment – Actors Theatre Groceries – Kroger Philanthropy Center – Brown-Forman Corporation, Community Foundation of Louisville, WHAS Crusade for Children, John Speed Foundation, John E. Speed Fund Kent and Kathy Oyler Junior Achievement of Kentuckiana 2015-2016 Annual Investors $20,000 and Up Republic Bank & Trust Company Doe Anderson - Employees Clark Memorial Hospital William O. Alden Republic Bank & Trust Company - Dow Corning Corporation Debbie Dalton AT&T Kentucky Employees Fastline Publications Deckel & Moneypenny Exhibits Brown-Forman Corporation Stock Yards Bank & Trust Compnay - Fifth Third Bank Stephen E. Diebold Crowe Horwath, LLP Employees Stan R. Franczek Dow Chemical Company - Employees First Savings Charitable Foundation Stoll Keenon & Ogden PLLC Genentech Leah A. Eggers Ford Motor Company The Al J. Schneider Company Genentech - Employees First Citizens Bank Harrison County Community The Learning House - Employees J. Scott Goldberg First Harrison Bank Foundation The Marshall Charitable Foundation Larry Horn Firstsource Financial Solutions James Graham Brown Foundation, Inc. Yum! Brands, Inc. Horizon Research International Fort Knox Federal Credit Union - Jefferson County Public Schools Yum! Brands, Inc. - Employees Howell & Howell Painting Contractors, Radcliff, KY LG&E and KU Energy - Employees Inc. Sandra Frazier Louisville Business First $2,500 - $4,999 Hughes Group Inc. Frost Arnett Company New Albany-Floyd County Education ACG Kentucky Joe Hayden Real Estate Team Galen College of Nursing Foundation Bluegrass Cellular David A. Jones, Sr. GLA Collection Company, Inc. The Courier-Journal Bowling Nursery & Garden Center Ann Joseph Donald Gossman The Kroger Company Brown-Forman Corporation - Kevin J. Joynt Gary Grieshaber United Parcel Service, Inc. Employees Thomas H. Kelly Harrison County REMC WDRB Media Caldwell Tanks, Inc. Kentucky Planning Partners - Grasshopper Land Clearing and Tree Carbide Industries LLC Employees Service Inc. $10,000 - $19,999 Citi - Employees Kightlinger & Gray Tami Hatfield-Kennedy Better Business Bureau CSX Transportation Todd Klimek Katharina Herbig Community Foundation of Louisville, Cylicron, LLC. KPMG Debra and Allan Hoffer Inc. EY KPMG - Employees Butch Hopes Friend of Junior Achievement EY - Employees Louisville Tile Distributors, Inc. Aubrey C. Hord Genentech, Inc. Frost Brown Todd LLC Mayfair Capital Gene Hornback General Electric Company Paul Fultz Nanz & Kraft Florists, Inc. Horseshoe Southern Indiana - Horseshoe Foundation of Floyd County J. Scott Goldberg Nuplex Resins Employees Humana Inc. Susan Ford Grissom and Stephen D. Paducah & Louisville Railway Hubbuch & Company Irvin F. & Alice S. Etscorn Charitable Grissom Bobby Petrino Roy H. Hunt Foundation GLAHU - Members PharMerica - Employees Hypertherm J. Clifton and Jeannette S. Rodes Fund Hexion Inc. Planet Fitness Ingram & Associates J. J. B. Hilliard, W. L. Lyons, LLC IBEW Local 369 Chris J. Reid Ivy Tech Community College of Indiana KentuckyOne Health John E. Speed Fund D. Hank Robinson Clay Jacobs LG&E and KU Energy LLC J. J. B. Hilliards W. L. Lyons - Samtec, Inc. Jasper Engines & Transmissions A. Stevens Miles Employees Signature Healthcare Mark Jurich Norton Healthcare JPMorgan Chase Bank - Employees Adam Simon Tom Jurich Papa John’s International, Inc. Christopher J. Kramer David S. Sinclair Kentucky Farm Bureau Federation Norman E. Pfau Local UAW 862 - Members Kevin Sipes Kentucky Farm Bureau - Hardin County PharMerica Corporation Lubrizol Advanced Materials, Inc. Todd Spurgeon Sharon Kerrick Publishers Printing Company Mark Lynn MD Greg Stump Mark Knoy Phyllis Robinson in memory of Jim ManpowerGroup Inc. The C. F. Pollard Foundation, Inc. Darryl S. Lavery Robinson PNC Bank - Employees Todd Spurgeon John P. Lawson Sam and Bonnie Rechter Family Trust Progressive Services Texas Roadhouse David L. Lewis Stock Yards Bank & Trust Company PwC Tri-Arrows Aluminum LG&E Cane Run Road Texas Roadhouse, Inc. PwC - Employees Tri-Arrows Aluminum - Employees LG&E Mill Creek The Dow Chemical Company Sypris Solutions, Inc. Underwriters Safety & Claims Group LG&E South The Gheens Foundation Texas Roadhouse - Employees UAW Local 862 - LAP Tammy McClure The Hartford Financial Services Group The Honorable Order of Kentucky UAW Local 862 -KTP Mary Beth Arnett Meagher The PNC Financial Services Group, Inc. Colonels Washington County Community Medtronic, Inc. Lee B. Thomas U.S. Bancorp Foundation Metts Company UAW Local 862 WHAS Crusade For Children Wendy C. Welsh Alton E. Neurath Daniel C. Ulmer Whip Mix Corporation Whayne Supply Company Papa Johns “The Old Guys Rule” University of Louisville Wyatt Tarrant & Combs Wilson & Muir Bank & Trust Padgett, Inc. Wal-mart Stores, Inc. Zoeller Company Sara Wood Paradise Tomato Kitchens, Inc. Xerox Porter Paint Foundation $5,000 - $9,999 $1,000 - $2,499 Zeon Chemicals L. P. Jonathan Presser Actors Theatre of Louisville, Inc. Allen Financial Group Robert W. Rounsavall Alpha Productions American Air Filter - AAF International $500 - $999 Rudd Equipment American Commercial Barge Line Arkema Robert S. Allison Ric Sinclair AT&T Mobility ATI Forge Products John M. Anderson Skippers Pool & Spa service LLC Hazel and Walter T. Bales Foundation Robert C. Ayotte American Synthetic Rubber South Central Bank Inc. Jon Baughman Corporation LLC Southern Indiana Rehab Hospital Deloitte & Touche LLP BB&T Corporation Atlas Machine & Supply, Inc. Todd A. Spencer Discover Financial Services Bill and Juanita Beach Jonathan Baughman Spencerian College Doe-Anderson, Inc. Martin L. Bell B-Dry Systems of Louisville, Inc. Spring Street Developers LLC Duke Energy BKD, LLP Beach Mold & Tool, Inc. Sunbelt Rentals Diane Fischer Capstone Realty, Inc. Louis and Cindy Bazan Swope Auto Center Indiana University Southeast Carman Industries, Inc. Bingham Greenbaun Doll - Employees Steve Trager Dan and Lisa Jones Center of Influence Blue Heaven Technologies LLC Kathy Trompeter KentuckianaWorks Charles P. Denny Brian K. Callihan Jeff Uligian Kindred Healthcare, Inc. Class Act Federal Credit Union C & M Smith Restaurants The Underwriters Group Louise Duncan Head Trust Community Foundation of Southern Caldwell Tanks - Employees Sara Wood Louisville Metro Council Indiana Cecilian Bank Your Community Bank Mildred V. Horn Foundation Crowe Horwath - Employees Centra Zachry Industries Old National Bancorp Brian Davis Marc B. Charnas Cathy Zion PPG Louisville Coatings Plant Nancy B. Davis Chemours David C. Dick City of Shelbyville $100 to $499 Michael Eger Jeffrey Lanz Rosa Mosaic Tile Company A. C. Upholstery Company Leah Eggers Larry French Electric LLC Alan Rosenberg A. L. Hansen Paint & Metal Shop, Inc. Elite Homes Inc. Jerome Lentz Pamela Royster David Adams Epic Insurance Solutions Libs Paving Grant Rubesh Cheryl Ades Patrick Farnan Kenneth Lolla Harlan Sands Advanced Business Solutions, Inc. Fitness Consulting Group Louis Partnership Inc. Kim Schmidt Air Hydro Power James Fitzgibbon James Luckett Chris Schremser Lana Aebersold John Franco Luckett & Farley Brian Schwarz Lindsey Alicna Kevin Gallagher Luckett’s Tack Shop Sentry Steel, Inc. Allen Financial Group Gene Gardner Marine System Services Signature Healthcare Altec Industries Inc. Garrett-Stotz Company Robert Martin Dale Skaggs Julayne Amstutz G.L. Gaston McGinnis, Inc. Smith & Smith Attorneys Andersons’ Sales & Service, Inc. Tiffany Ge Charles McCarty Snowden and Associates, Inc. Anything Groes General Shale Julie McGregor South Central Bank Armag Corporation C. Edward Glasscock Meade Equipment Andrew Southworth Benjamin Auzenne Clinton Glasscock Meiners Electrical Services Alexander Staffieri J. Duffy Baker GLI - EnterpriseCorp. Sandra Metts Snowden E. Joseph Steier Baptist Hospital Northeast Ankur Gopal John Miele Rita Stephenson-Reedy BASF Corporation Donald Gossman Samuel Miller Sterling G. Thompson Company Claus Behr Charles Grannan James Morris Megan Stith Bennett & Bennett Insurance, Inc. Gregory Greenwood New Albany Floyd County Consolidated Steven Stone Pamela Bennett Martin Gary Grieshaber School Corporation William Street Betty Schutte Realtor, Inc. Kenneth Groth Gouverneur Nixon Superior Solvents and Chemicals M. Joseph Bisig Daniel Hall Nolin Rural Electric Cooperative Corp. Swope Auto Center Bluegrass Generation Co. LLC Hamilton, Thomas & Company Northland Corporation Bryan Taylor Bolton & Company Harding Shymanski and Company NRE Power Systems The DFH Company Christopher Brooker P.S.C. Nugent Sand Company The Jones Group Gordon Brown Bill Heinz Nuplex Resins The MacLean Foundation, Inc. Brown Funeral Home Dennis Heishman Oaks Credit Corporation, Inc. The University of Michigan Paula Burke Katharina Herbig OMG-Outsource Management Group Lara Thompson Burke Financial Services Inc. Carl Herde Dale Orem Berard Tomassetti Brian Callihan Scott Herrmann Parkway Rehabilitation & Nursing Daniel Torian Callistus Smith Agency, Inc. John Higgins Center Town & Country Ford, Inc. Clagett Periodontics and Implant Highland Roofing Company Dennis Parrett Tri County Ford-Mercury Denistry Darren Hobbs William Parris Matthew Tyler Cody and Neely Josh Howes Pat Durham Builder, Inc. C. Gregory Uligian Community Foundation of Southern Huffman Trucking, LLC Raja Patil Scarlett Upchurch Indiana ISCO Industries, Inc. Amanda Pendley Dale Viniard Connect Marketing, Inc. Jack Henry & Associates Cesar Perez Wal-mart Stores, Inc. Donna Corbett Mandy Jacobs Johnny Perry Whayne Supply Corrigan Electric Company Inc. James Marine Inc. ProLift Industrial Equipment Co., LLC West Point Bank Cox, Allen & Assoc, Architect Inc. Jeff Harvey Sales, Inc. R. H. Clarkson Insurance Group Frank E. Weisberg Cross Motors Corp. Carolle Jones Clay Radio Communications Systems Keith Williams John Daily Jack Joynt Radio Sound, Inc. Willis Klein Safe, Lock & Hardware Hylton Dayes K & I Hard Chrome, Inc. Michael Rehm Thomas Wilson Deco Paper Products, Inc. Kelly King & Company Republic National Distributing Co., LLC Wilson Manufacturing & Design, Inc. Ryan DeMuesy Kentuckiana Wire Rope Retailers Supply Wine and Spirits Wholesalers of Ditto Wealth Management Kentucky Farm Bureau - Hardin County Melissa Richards-Person Kentucky, Inc. Dixon Golf Inc Kentucky Utilities Larry Ricke Wurth Snider Bolt & Screw Domino Partners, LTD Kern’s Kitchens dba Derby Pie Chad Riney Wynfield Partners Jenny Drake H. Rob King Wesley Ringo Your Community Bank James Duplessis Tom Kmiecik John Rittichier Mark Zoll Gerry Eckart Sara Knight River Valley Financial Bank Lampkin Wealth Rogers Group - Oldham County Stone

“Junior Achievement has been an outstanding partner in providing Greater Clark County Schools’ students with relevant and engaging experiences designed to prepare them for career and life success. The strength of this partnership is the tremendous group of community volunteers willing to share their knowledge and experiences with our students. Please consider giving your time to benefit our students.”

Dr. Andy Melin, Superintendent, Greater Clark County Schools 2015-16 FIRST SAVINGS School Year CHARITABLE IMPACT FOUNDATION DONATES $100,000+ 62,130 TO JA KIDS Students Served

3,681 More than Last School Year

301 649,087 Schools and Instructional Hours After-School Sites 2,125 Educator Partners Since 2010, the First Savings Charitable Foundation has donated more than $500,000 to provide JA’s deep-impact programs, JA BizTown and JA Finance Park to a whopping 24,300 students. The Foundation broke its JA 2,306 giving record in 2016 making a contribution of Classes $100,466 to provide these programs to students in several Southern Indiana counties.

This type of transformational giving impacts a generation of young people who, no matter their background, now know how to budget, from save, and invest; a generation armed with the 5,012 302 confidence and understanding to take control JA® Hero Volunteers Organizations of their financial futures, their careers and achieve their dreams.

JA and 24,300 JA alumni are indeed grateful for First Savings Charitable Foundation’s outstanding generosity. Junior Achievement of Kentuckiana EXPENSE STATEMENT OF ACTIVITIES ALLOCATION Year Ending June 30, 2016 Year Ending Unrestricted Temporarily Total June 30, 2016 Public Support and Revenues: Restricted Program Contributions, sponsorships and grants $ 1,219,165 $ 89,250 $ 1,308,415 Services Special events, net of cost of benefit to donors $ 351,692 $ - $ 351,692 Governmental income $ 9,500 $ 9,500 Management & General Investment Income $ 69,517 $ - $ 69,517 Net unrealized and realized gain on investments $ (47,322) $ - $ (47,322) Fundraising & Donated Goods and Services $ 378,674 $ - $ 378,674 Special Events Other Income $ 5,793 $ - $ 5,793 Change in beneficial interests in assets by others $ (28,006) $ (28,006) % Sub Total $ 1,959,013 $ 89,250 $ 2,048,263 11 Net Assets Released from Temp. Restrictions $ 101,426 $ (101,426) $ - 12% % Total Public Support and Revenues $ 2,060,439 $ (12,176) $ 2,048,263 77

Expenses: Program expense $ 1,584,993 $ - $ 1,584,993 Management and general expense $ 223,740 $ - $ 223,740 Fundraising and special events expense $ 443,924 $ - $ 443,924 Loss on disposal of fixed assets $ 19,846 $ - $ 19,846 Total Expenses $ 2,272,503 $ - $ 2,272,503

Change in Net Assets $ (212,064) $ (12,176) $ (224,240)

Net Assets, Beginning of Year $ 4,473,588 $ 101,426 $ 4,575,014

Net Assets, End of Year $ 4,261,524 $ 89,250 $ 4,350,774 STATEMENT OF FINANCIAL POSITION Year Ending June 30, 2016 ASSETS LIABILITIES AND NET ASSETS Current Assets Current Liabilities Cash and equivalents $ 143,284 Accounts payable $ 22,336 Investments $ 2,190,167 Accrued expenses $ 56,469 Pledges receivable, net $ 108,582 Total Current Liabilities $ 78,805 Prepaid expenses $ 11,966 Total Current Assets $ 2,453,999 Net Assets Unrestricted net assets $ 1,857,435 Long-Term Assets Board designated net assets $ 2,404,089 Beneficial interest in assets held Total unrestricted net assets $ 4,261,524 by others $ 213,922 Temporarily restricted net assets $ 89,250 Fixed assets - net $ 1,761,658 Total Long-Term Assets $ 1,975,580 Total Net Assets $ 4,350,774

Total Assets $ 4,429,579 Total Liabilities and Net Assets $ 4,429,579 Junior Achievement of Kentuckiana REGIONAL BOARD OF DIRECTORS as of 02/01/17 OFFICERS Marc B. Charnas Kenneth E. Groth Jamie McEldowney Ric Sinclair GE Appliances American Commercial ID-A ZirMed Board Chair Barge Line Christopher J. Kramer Nancy B. Davis Julie McGregor Kevin Sipes BKD, LLP Stock Yards Bank & Trust Daniel Hall KentuckyOne Health Republic Bank & Trust Company University of Louisville Company Vice Chair Lynn McQuillen Ann Joseph Jenny Drake Tami Hatfield-Kennedy Papa John’s International, Dale B. Skaggs D.D. Williamson & Southern Wine Ford Motor Company Inc. Blue & Co., LLC Company, Inc. Louisville Assembly Leah A. Eggers Plant John Miele Andrew Southworth Treasurer Humana Inc. Marsh & McLennan Kentucky Planning Partners Bryan W. Taylor Joe Hayden Companies BB&T David Eplion, Ph. D. Joe Hayden Real Estate Todd A. Spencer Indiana University Team Chris Nation Doe-Anderson, Inc. Secretary Southeast Quantum Communications/ Kathy Herbig William S. Heinz, Jr. QtheAgency J. Todd Spurgeon Crowe Horwath LLP Charles P. Essex Los Monitos Language Kightlinger & Gray IBEW Local Union 369 Center Karen O’Connell Immediate Past Chair Archdiocese of Louisville Alexander G. Staffieri Kevin J. Joynt Kenneth W. Faith II Dennis P. Heishman Stoll Keenon Ogden Deloitte. Algood Food Company Old National Bancorp Raja Patil Bingham Greenebaum Doll Rita Stephenson-Reedy Patrick R. Farnan J. Douglas Helm LLP The Al J. Schneider MEMBERS OF THE Fifth Third Bank MCM CPAs & Advisors Company BOARD Jonathan Presser Orlando Allen Michael Frank Larry W. Horn Norton Healthcare Steven M. Stone Allen Financial Group Commonwealth Bank and Great Northern Building UAW 862/Ford Programs Trust Co. Products, LLC Chris J. Reid Center Julayne Ricketts Amstutz EY First Harrison Bank Paul G. Fultz Deana Epperly Karem Berard Tomassetti KPMG LLP Greater Louisville Inc. Wesley L. Ringo PharMerica Corporation John M. Anderson J.J.B. Hilliard, W.L. Lyons, The Learning House, Inc. John Gant Darren Keith Inc. Daniel Torian University of Louisville Dow Chemical Company UPS J. Duffy Baker, Jr. Pam Royster JPMorgan Chase Bank Chongyang (Tiffany) Ge Danail Kelisakiev Jefferson County Public Audie Wilson Kentucky Department of Brown-Forman Schools Coca-Cola Bottling Co. Sheryl Ball Financial Institutions Corporation Consolidated Texas Roadhouse Dave Russell Clinton L. Glasscock Sharon Kerrick, Ph. D. Yum! Brands, Inc. Anne S. Woods Jon Baughman BB&T Insurance Services Bellarmine University Kindred Healthcare American Founders Bank Ryan Sienkowski Thomas C. Gleason Todd A. Klimek Horseshoe Southern Mark Zoll Martin L. Bell Frost Brown Todd LLC PwC Indiana The Kroger Company M. Joseph Bisig Ankur N. Gopal Darryl S. Lavery Adam Simon PNC Wealth Management Interapt Boehl, Stopher & Graves, Right Path Financial, LLC LLP Christopher W. Brooker Donald L. Gossman David S. Sinclair Wyatt, Tarrant & Combs John P. Lawson, Jr. LG&E and KU Energy LLC LLP First Savings Bank

HARDIN COUNTY BOARD District Board Chair Gene Hornback Billy Pait Lindsey Alicna Norton Healthcare Nolin Rural Electric Coop. Corp. Kentucky Farm Bureau Emily Howell Mark Roberts Nick Berry The Cecilian Bank Hardin County Schools Fitness Consulting Group Emily Graham Heather Stain Janna Clark Sun Tan City PNC Bank Elizabethtown Tourism/ Convention Bureau Jeff Lanz Natalie Tefft James W. Robinson iPay LLC Recovery Works of Brent Ditto Elizabethtown Junior Achievement Center Ditto Wealth Management Angela Leach for Freedom of Enterprise Swope Family of Mika Tyler Amanda Drane Dealerships Kentucky Farm Bureau 1401 W. Muhammad Ali Blvd. Hardin County Schools Louisville, KY 40203 Ed McCoy Trapper Williams Brandon Fogle Kerr Office Group Bluegrass Cellular South Central Bank www.JAKY.org | 502-561-KIDS