Catch The Ace – We Have a Winner!
The winning ticket for Catch the Ace was drawn on November 10th. Emilee Gagnier from Cambridge was the winner and she was thrilled.
With record sales of over $46,000 in the final week the weekly prize grew to $9,297 and the progressive prize was $74,523. The winning ticket was drawn and since the only card left was the Ace of Spades, the winner receives the combined total of $83,820.
We are planning a presentation of the cheque to the winner this week and will provide more details and photos. As well, once the final accounting is completed we will confirm the net amount that will be raised for KidsAbility.
A great big thank you to all the Rotarians and friends who have supported Catch the Ace and helped to make it a success. As well, a huge thank you to the Rotarians from all five clubs who have contributed their time and effort to Catch the Ace.
Peace Scholarships
For several years, Ernie Ginsler has lead a project to have all five clubs contribute funds for Peace Scholarships at Conrad Grebel University College and the Balsillie School of International Affairs, to which over $150,000 has been donated. Ernie read two leads from participants in the program thank us and attesting to how important the funds were to them and how they will continue to use their education to help work for peace in the world.
Special Program Coming Up
On December 1 from 4:00 to 5:00 our meeting will be at the Woodside National Historic Park – Once the home of Prime Minister Makenzie King who had a connection with the Rotary Club of Kitchener. The Park is only open a few weeks of the year and we are fortunate to have arranged a special tour. There will be no cost for this family friendly evet. Look for the registration link when the invitation is sent later this week.
Election of Board of Directors
Members are reminded to compete and return the Ballot for the election of our Board of Directors for next Rotary year if you have not already done so. If you misplaced your ballot, contact Louise Gardiner.
Online Auction
Our
Online Auction is continuing well. Our items have a total value of over $36,000 and, with our usual rate of return should bring in close to our goal of $28,000. Please continue to make bids and to share the link with friends, family and colleagues – rotaryonlineauction.ca. An invitation to sign up to help with the distribution of items 0n November 25 and 26 will be coming out today. Members are also reminded that the lawn signs can be returned at this time, please see the event invitation for full details.
Our program today started with a Who Am I by
Deborah Barton. Her Vision and Values are very important to Deborah and states “
I believe that every person deserves a safe, happy life, surrounded by a caring community… and a world where everyone can find their own unique destiny.”She loves helping people and here is one way she has been described:
You are the Mediator! You are poetic, kind, generous, idealistic, and calm. You have a reserved attitude, but you have strong principles that you always stand up for. You are also practical, but you manage to stay positive and maintain your strong drive.
She was born and grew up in New Hampshire where she attended the University of New Hampshire along with her husband who was there on a hockey scholarship. She has since lived in Sarnia, London and now Stratford.
In her early years her family was much involved in family philanthropy and hosted children form the inner city through the Fresh Air Fund. This helped instill in her a sense of helping others and giving back. Another quotation she likes from HRM Queen Elizabeth is It is often the small steps, not the giant leaps, that bring about the most lasting change. She and her family have been involved in minor hockey for 20 years and volunteering at the Stratford festival for 16 years.
In her career she has focused mainly on philanthropic giving but has also been involved with support for and education of clients with the organizations with which she has worked, including: Diabetes Canada, Alzheimer Society, Canadian Cancer Society, Children’s Health Foundation, Family and Children’s Services of The Waterloo Region, KidsAbility Foundation and now with Grand River Hospital Foundation. She is affiliated with several professional organizations, including: Humber College, Canadian Association of Gift Planners, Certified Fundraising Executives, Association of Health Care Philanthropy, Association of Fundraising Professionals, Western Continuing Studies, Estate Planers Council, Waterloo-Wellington Estate Planning Council, and Waterloo-Wellington Fundraising Executives.
She finds Rotary resonates with her own beliefs and philosophies and is looking forward to getting involved in youth activities, KidsAbility Support and our Foundation.
Family is very important to Deborah and she was thrilled to see her daughter get married in October. Other interests include: family time at the cottage on the Bruce Peninsula, tennis & badminton, gardening, ad travel.
Our program then continued with Ross Newkirk and Louise Gardiner presenting information on our Permanent Fund in the Foundation. Ross began with some background.
The Kitchener Rotary Club Charitable Foundation
- This is YOUR OWN CLUB’s FOUNDATION.
- Established 55 years ago to facilitate your club’s local and international charitable projects.
- The Potential.
- The Context
- The Success & Promise.
- The Campaign.
The Potential:
- Build up invested funds to provide guaranteed base line financial support for OUR locally identified charitable priorities.
- Be able to “fill in the gap” when circumstances restrict our Club’s fundraising success.
- Encourage charitable giving by providing taxable donation receipts.
- Reduce fundraising pressure.
The Success & Promise:
- Over the years, KRCCF funding has helped the Club establish & support KidsAblility, the KW Art Gallery, work in Nogales Mexico, various African projects, etc.
- Right now KRCCF’s invested funds are supporting the great work of RAWEF. (Isn’t it wonderful that our financial resources enabled the 100th African woman to be obtaining advanced education in this our Club’s 100th year?)
The Success & Promise:
- The sustained scale of RAWEF success was only made possible through Audrey Wipper’s generous bequest and the Foundation’s ability to maintain a tax sheltered investment fund.
- BUT - We have not yet met the promise of building sufficient other invested funds to permit sustainable support of other charitable purposes.
- A senior Rotary Club such as ours should perhaps have a little more “money in the bank” to really achieve The Promise.
The Context:
- The KRCCF is managed by our locally elected Board.
- KRCCF develops, executes and facilitates charitable projects of its own and in association with the Rotary Club of Kitchener (eg. The Victoria Park Bandstand Refurbishment project.)
- KRCCF projects respond to our own locally identified priorities.
- Rotary International’s “The Rotary Foundation” (commonly called TRF) is separate and distinct from the KRCCF. It does great work supporting projects around the world. Its international board decides what gets supported on the basis of competitive formal applications.
- The KRCCF is not a competitor to or replacement of TRF.
- You are already annually supporting TRF through your club fees! (Every Rotarian, Every Year.)
The Context: Moving toward the Promise
- In 2003, J B Moore was instrumental in KRCCF’s establishing a new general purpose “Permanent Fund” to eventually meet The Promise.
- Over the subsequent years, largely through “Birthday” (and other) donations and bequests this fund has slowly grown to about $70,000.
The Context: Where we are
Our Foundation has two components:
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Permanent Fund – with $70,000
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Wipper Fund (RAWEF) – with $,550,000
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Total Value of $1,620,000
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The Context: Moving toward the Promise
- The Permanent Fund at $70,000 might seem like a good “nest egg.”
- But the reality is that it can only generate spendable $3,000 in a year.
- Presently our fund managers are managing the $70,000 for growth and the annually generated income is reinvested.
- A campaign is needed to Achieve the Promise.
- Example: A $750,000 fund is needed to provide $35,000 annually
Louise Gardiner then spoke to our campaign to grow the Permanent Fund – Your Forever Fund.
INTRODUCTION
s previously mention, in 2003, President JB Moore and the board determined it would be very helpful to the Club’s chartable objectives if it had a fund that was managed to build an invested fund that would provide income that could be used to support charitable activities
Today, the importance of having a well-established long term fund to call upon was very obvious when Covid-19 effectively shut down our charitable fundraising.
KRCCF has expressed a desire to reenergize members (and others) committing to grow the “permanent fund”
PRIMARY GOALS
Annual Revenue Growth
Determine the Greatest needs
To raise fund to benefit a cause supported by both KRCCF and RCK – (for example….Waterloo Wellington Regional Health Programs benefiting seniors, adults, youth and children).
Our current fund is at $70,000 and, as a short term goal, we want to raise this $100,000. Thus we need to raise $30,000. Future plans are to have the fund grow to $750,000
TIMELINES
Much work has already gone into developing a strategy and we are now at the stage of this soft lunch with members.
AREAS OF GROWTH
Areas of Growth
Annual Revenue Growth
Opportunities for Giving
- SMALL ONE TIME (Happy Jar)
- MONTHLY GIVING
- BIRTHDAY DONATIONS
- HONOURING SPECIAL EVENTS OR MILESTONES
- IN MEMORIUM
- LEGACY COMMITMENTS
- BENEFACTORS
How to Give
- Cheque made out to Kitchener Rotary Club Charitable Foundation
- Credit Card
- Securities
- Crypto Currencies
- Go to: www.krccf.org
Future plans will include request to corporate sponsors and non-Rotarians with different levels of support being recognized.
Summary – This is a long term game!
