The Board of Director’s Meeting was held on Wednesday, April 21 via Zoom. Club membership on March 31 was 259 Active members, plus five Honorary members and seven Inactive Emeriti. Attendance for the month’s five meetings was 35%. Average attendance at each meeting was 90 members plus seven others. Our Engagement Ratio for the month was 52%. The Board unanimously approved the reinstatements of Bob Buckler and Rick Taylor. Sumedh Bahl has transferred his membership to a club in California. Two members, Peter Fayroian and Brian Mackie, were terminated due to non-payment of their CSA obligation.
The Operating Fund Balance on March 31 was $33,735. The Club’s Endowment Investment market value was $2,862,467, a 1% increase from February.
President Joanne reported that the Club held back $6,000 from our auction in the fall in anticipation of additional COVID needs. The Board passed a motion to allocate $3,000 of those funds to the Community Allocations Committee and $2,500 to the International Humanitarian Program Committee. The budgets for both committees were reduced during the pandemic and this money will bring them up to 87% of their previous budgets.
The 2021 Rotary Fights Hunger Food Drive has exceeded its goal of raising in food or cash enough resources to serve 150,000 meals. A special salute goes to Retirement Income Solutions which made a very generous cash gift. As a result, the Food Gatherers match was achieved.
The Community Allocations Committee has put forward its recommendations for this year’s grants. Thirty applications were reviewed and 12 were selected for funding. The following Community Grant awards were recommended for approval.