Today I finally did something about it!
Most recently it was being used to display a few pictures. I knew I wanted a way to hang the medals my husband and I have received from running races, as well as a place to display the pictures from those races. First, I painted the border white. I also painted these decorative wooden dowels that I would later attach to the sides for the medals.
Then I stenciled "Run Baby Run" on the top of the board in Saffron Yellow.
While that was all drying, I cut a piece of a white Ikea curtain that we used in our wedding reception (we had nine curtains that I have nothing to do with yet). I sized it by pinning it to the inside of the board and then cutting around the edges.
I took the piece of fabric back off, trimmed the edges a little more and ironed it. I Modge Podge'd the corkboard and then put the fabric on. I smoothed the whole surface down and tried to push the edges under the frame.
Once that was smoothed down, I hot glued twine along the edges. (I don't have a picture of that).
Next, I hot glued the dried wooden dowels to the sides of the corkboard.
I hot glued twine around the base of each wooden dowel.
Here is the way it looks after I finished with it:
And here it is hanging on the wall:
And finally serving it's new purpose:
Much better, I think!