It was with sadness that President Richard announced the passing of former member Alan Hunt. "Alan Passed away peacefully December 1, 2018, with family by his side at Cambridge Memorial Hospital at the age of 77. He was a long-time member of The Rotary Club which he missed during his declining years."
Happy Jar
Louise Gardiner was happy on three counts: 1) She is very happy to be elected back to the Board of Directors for the club. 2) Husband Graham is continuing to do very well after his double lung transplant and they will be doing some travelling soon. 3) She has just recently submitted her retirement notice!
Paul Rostrup is very pleased that the online Auction committee had their final wrap up meeting last week which was a hosted by the Parkers. He thanked Gary and Sue for a great evening.
Cheryl Ewing was happy to announce that she recent won a first prize for her Viennese Waltz at a recent Ballroom Dancing Competition. She was particularly pleased that she was able to do so wearing a $200 dollar dress bought on line, not a $5,000 gown as worn by most of the other competitors. She was also happy that the annual Eastwood Performing Arts Galls with over 30 classes performing went extremely well.
Wayne Boehler is happy that Car Draw is just about over. He announced the winner has been contacted and that the car should be arriving this week. Wayne informed members that about $8,500 was brought in at the AUD on Draw Night to which the Kitchener Sports Association will be adding $2.000 from their 50/50 draw. Wayne thanked everyone who helped out with the draw.
Neil Swayze was most pleased to announce that his wife Donna came through some emergency heart surgery very successfully and is recovering very well. She has already been cleared to fly in the new year.
Bell Ringer(s)
President Richard thanked Dave Chatson and Bill Proctor for organizing the Holiday Social and the Pie Auction which raised over $2,200 for Polio Plus and made them the Bell Ringers for this week.
Club Announcements
Martin Jones let members know that he will be sending our the Nutrition For learning schedule for the new calendar year within the week. He also read a thank you letter from the school.
Cheryl Ewing informed members that we will, again this year, be assisting with the New Years Eve activities at Kitchener City Hall, selling Hot Chocolate. We will be in operation from about 4:00 p.m. to 8:00 p.m. and about 6 to 8 volunteers will be needed. Let Cheryl know if you are interested and available.
Ray Taylor and Cheryl Ewing then gave an update on the operation of our Foundation. Ray began with the Foundations Financial Highlights.
Foundation Fund Raisers
16-17
17-18
18-19
Budget
Car draw
43,542
36,660
35,000
In Vino
26,562
24,706
25,000
On-line auction
9,202
7,521
10,000
Major Expenses
16-17
17-18
18-19
Budget
KidsAbility
45,000
40,000
35,000
International
7,862
12,667
10,000
Grants/Alloc
10,800
750
10,000
Peace Scholarships
4,000
4,000
0
Youth Programs
9,306
3,340
3,000
Rotary Int.
9,374
8,348
8,000
Wipper Fund
Contributions $492,817
Earnings to date $203,809
Scholarships to June 30 (232,137)
Net $464,489
Investment KJ Harrison $480,740
June 30
Additional donation of $500,000 received from Wipper Estate after year-end
Permanent Fund
2017 Value $61,235
2018 Value $64,759
In 2017 invested $50,000 in a KJ Harrison equity fund, with a gain of $2,874 to June 30
Cheryl then provided information on the Foundations activities:
Kitchener Rotary Club Charitable Foundation Updates
Background
The Rotary Club of Kitchener Charitable Foundation was established in 1967 (50 years ago!)
Its correct name is Kitchener Rotary Club Charitable Foundation
The objects of the Foundation are…
Subject to the Charitable Gifts Act and the Mortmain and Charitable Uses Act, to accept, receive, hold, sell, invest, re-invest and administer gifts, legacies, bequests, devises, funds, benefits of trusts and properties of any sort or nature, in particular from the Rotary Club of Kitchener, but in general without limitation as to the amount, value or source, and to use, lend, apply, employ, expend, disburse and/or donate the income and any part of the principal thereof for:
The finding, investigation, care, cure, education, rehabilitation of and any other aid to or work with crippled or handicapped children, and
Any other charitable work or purpose which the directors of the Corporation may determine
The advantages of having a foundation…
Tax receipts can be issued for individual gifts
Recovery of HST
Foundation Board 2018-2019
Appointed Directors (Rotary Club of Kitchener):
Richard Bruckeder – President
David Chatson – Past President
Paul Rostrup – President Elect
Ray Taylor – Treasurer
Elected Directors:
Cheryl Ewing (Chair)
Ross Newkirk
Karen Redman
Dave Smith
Neil Swayze
Darren Sweeney
Foundation Fundraising
Car Draw
In Vino
Permanent Fund
Bequests such as Audrey Wipper Estate
Individual donations
Permanent Fund AIM:
To build the fund to a level that provides annual funds for distribution
Ongoing donations to the Permanent Fund can be set up through quarterly billing
Committee Structure
Community Service
Consists of former World Community Service and Grants & Allocations committees
Car Draw
In Vino
Rotary African Women’s Education Fund
Community Services Committee
Merged to allow greater flexibility and resources
Committee has mandate to determine long-range strategies at a global level
Local grants will be combination of multi-year and one off projects
Broader mandate to include activities in Canada
Planning for District Matching Grants will be forward thinking rather than reactionary
Rotary African Women’s Education Fund
AIM: To fund the post secondary education of qualified African women.
Each year we allocate approx. 5% of the net asset
Statistics
RAWEF Program is in its eighth year
18 women have graduated in the program
37 women in progress
Martin Jones visited many of the Kenya students in August. As a result of his visit he observed some needs that are now being addressed.
As of 2018, students will be supplied with a laptop at a cost of $500 Canadian. ($9,500 for 19 students)
We will also begin providing an administrative fee of $60/student Canadian. to each partner agency since our reporting expectations have increased. Cost in 2018/19 would be $2,520 (42 students x $60)
Community Grants 2018
In 2018, there was only one local community grant distributed for a Neighbourhood Project consisting of an outdoor gym on the Iron Horse Trail.
The Community Services Committee has been working through a new approach for longer term investments at the local level. An announcement should be coming in the new year.
Aroland First Nations School Project
Provision of an opportunity for an isolated Northern Ontario First Nations community to experience a live performance.
Partners:
Geraldton Children’s Entertainment Series
Dufflebag Theatre
Robert Baird
Prologue for the Performing Arts (registered charity)
Rotary Club of Kitchener
International Commitments 2018/2019
Nogales:
Firefighters with Grand River Club – kitchen equipment for new fire hall
Shoe Box Project – working with new club in 2019 with strong possibility of sustainable project
Caborca:
Library project – reading centres in 24 schools reaching 7,100 students
Multi-club project of $60,000 USD
High possibility of additional matching grants
Cost to club $2,000 USD
WASH Project in India
Led by Mississauga West, we are contributing to a clean water project in a tribal village in India through a Global Grant.
What Have We Accomplished?
Identified a governance structure that meets CRA requirements and reflects our needs
Developed a website devoted to the Foundation
Revision of the grant application and priorities
Continued to evolve the Rotary African Women’s Education Fund to ensure its long-term sustainability and impact
What Next?
In general…continue what we’ve started!
Continue to work through structural and organizational issues of the Foundation
Continue to clarify the relationship between the Club and the Foundation
Develop a process for determining matching grant applications
Continue to develop plans for the long-term financial health and sustainability of the Foundation
Review the investment strategy of the additional donation from the Estate of Audrey Wipper
Develop a plan for the Permanent Fund
Community Services Committee
Continue to develop funding approaches to include:
New grant application for local requests
New grant deadline for local requests
Process for finding and funding National requests
Ongoing review of international commitments
System for identifying possible District grant requests
To be proactive rather than reactive.
50/50 Draw
Our pot is starting to grow nicely and we are now at $262 and it will be even larger next week as none of Russ St. Louis, Jim Brown, nor Richard Bruckeder found the Jack of Hearts.
Program Highlights
Our main program today was the Annual General Meeting for the Club.
Closing Remarks & Reminders
President Richard reminded members that next week we will be hearing from our Exchange Student - Jess Moat, as she gives her "My Year in Canada" presentation.
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