Meeting of the Board of Directors
May 14, 2011

The 184th meeting of the Board of Directors of the Capital District Kiwanis Foundation was held on May 14, 2011 at the Fredericksburg Hospitality House. President Reynolds called the meeting to order at 10:00 AM. H. L. Marks led the Pledge of Allegiance and Carol Richar gave the Invocation.

The following members were in attendance:

Ron Reynolds H.L. Marks Joe Maranto
Marion Allen Charles Adams Tom Varner
Bernice Oden Don Jones Roger Diehl
Brian Bell Jim Thompson Floyd Brown
Stan Miller Carolyn Miller Carolyn Richar
Linda Smith Harry Kriemelmeyer Hank Brodsky

Minutes of the February 5, 2011 meeting - Motion to approve the minutes was made by Hank Brodsky and seconded by Harry Kreimelmeyer. Motion passed.

Treasurer’s Report -Treasurer Marion Allen presented copies of his report to the trustees.
We have assets in operating account in the bank of $16,419. Investments of $656,000 in CD’s, mutual funds and stocks... Accounts payable are $5230. The Pediatric Trauma Hospitals have been paid $3400 each. Total Liabilities plus net assets is $674, 509.22. The complete treasurer’s report is made a permanent part of the minutes. Charles Adams made a motion to approve the report as submitted, seconded by Bernice Oden. The motion passed.

Life Memberships - Charles Adams reported that there were 10 new members since the
February meeting.

Caring Corner - Ron Reynolds reported that Trustees were given letters to Club Presidents, Lt. Governors and CDKF Trustees. All trustees need to ask club members to make or donate items to sell and bring them to the Convention on Thursday evening or Friday morning.

Ducky Derby - Adoption certificates are out to all Trustees to distribute to the clubs. Joe Maranto asked if we should change the name of the Ducky Derby in the future since we no longer use the ducks. This will be referred to the Fundraising Committee for the November meeting. The Trustees were asked to donate $50 for prizes.

Teenager of the Year - Roger Diehl reported he has received 53 applications to date. He has agreed to serve as the TOY Chair for next year. The deadline for applications is June 1st.

Founders Society - Roger Diehl reported that the bulk of earnings are up - 67% return on investments. We need to promote the Founder’s Society to get new members. Three presentation boards are available for use by the trustees.

Finance Committee Report - Stan Miller reported that one CD is due June 1, 2011 and recommended to roll it over into a new 1 year CD at .4%. Recommended that $13, 000 from the Kopeland Fund be reinvested and $1500 put in the cash account.

Founder’s Society Questions - It was asked if donations to the leadership scholarship fund could be used to get a Founder’s Society membership. It was recommended that we not do this.

Eliminate Project - There was a proposal to the Finance Committee to have checks made out to CDKF, batched to John Tyner and every 30 days deposited by Marion Allen and a check sent to KIF less 3% as an administrative fee for CDKF. The committee recommends against this. Governor Varner reported that the district is trying to raise $1.9 million for the Eliminate Project. The cost to KIF to administer it is 9%. Another 5% for hiring a company to administer it. There is the new Walter Zeller medal available for $1250.

Financial Advisor - Stan Miller reported for Bob Cressy that we had recovered everything we lost in the investments in 2008-09. There aren’t many changes currently. Our mutual funds are doing well.

New Business

Grant Applications - H.L. Marks, Don Jones and David Blanch held a teleconference to review the six applications listed below.

Kiwanis of Fairfax has requested $2500 for the Meals for Young Minds project to provide 2 breakfasts, lunches, dinners and snacks for meals on the weekends for low income families. The committee recommends $2500 for the project. Hank Brodsky asked if the Fairfax club is making a contribution. Carolyn Richar said the club had committed $2500 and was trying to get another grant of $3000.

City Center and Greater Hilton Kiwanis Clubs requested $5000 for the Sound Scapes project to provide ensemble music for the enrichment of 100 children for 3 hours per week. There was no indication of funding from the clubs and the committee recommended that the project not be funded.

Kiwanis Club of Bel Air- Project Learn promotes academic profficiency for 6 to 18 year olds for at risk students in the Boys and Girls Club. There was no club involvement and the committee recommended no funding.

Kiwanis Club of Severna Park has requested $5000 for the Kids n Kaboodle Fair for one day. Kids will learn and play together. The City and Fire Department already support this project and the CDKF grant funds would be use to pay volunteers. There appeared to be no club involvement and the committee recommended no funding.

Gloucester Boys and Girls Club supported by the Kiwanis Club of Gloucester want to buy 10 computers at $1000 per computer. There appeared to be no club involvement and the committee recommended no funding.

Kiwanis Club of Abingdon requested $5000 for the Children’s Advocacy Center of Bristol. Children fro age 5 to 17 learn safety rules for using technology-computers, cell phones, etc. The Boys and Girls Club is going to fund the project and potential participants are Washington County Public Schools and Bristol Public Schools. There appeared to be no club involvement and the committee recommended no funding.

It was moved by Hank Brodsky to accept the Grant Committee’s recommendations to fund the Fairfax grant for $2500 and not the others. Second by Harry Kreimelmeyer. The motion passed .

Committee Appointments- President Ron passed out assignments for the remainder of the 2010-2011 administrative year. A motion was made by Jim Thompson to approve them, second by Carolyn Richar. The motion passed.

Nominating Committee- Joe Maranto-Chair, Stan Miller Ron Reynolds and Hank Brodsky were appointed by President Ron.

Recommendation of Committee Change- It was recommended to combine the Finance and Budget Committees into one. This was referred to the Policy Committee.

Grant Review Committee- It was recommended that the requirement to submit a project report in 45 days after completion of the project be made a part of the Policy statements. If no report is filed, the recipient will not be eligible for any future grants. This was referred to the Policy Committee. There was a suggestion by Harry Kreimelmeyer to include a statement of purpose of the CDKF in the policy statements. Governor Varner indicated that it was in the bylaws, which he read.

District Website – The webmaster changed the webpage menu to show the CDKF as a menu item as well as under Kiwanis Links where it is currently listed. It was also moved to the Kiwanis server from the Radford server.

Meeting Dates- It was requested to schedule the CDKF meetings on the same day as the District Board. The CDKF finance committee would meet at 12:30 PM and the CDKF Board at 1:15 PM.
Another suggestion was made that the Foundation continues to meet at its regular time of 10:00 AM ant that the District Board meet after us at 1:00 PM instead of before the CDKF Board. This will be voted on at the August meeting.

District Shirts- Jerry Peuler has filed to run for International Vice President in New Orleans in 2012. For every District shirt ordered, there will be a $5.00 donation to the CDKF by Lloyd Morrison of Something Special.

Tornado Damage- Roy Sheets reported that the Governor of Virginia’s request for FEMA assistance had been denied for this year. This might be an opportunity for Kiwanis to help damage victims in Southwest Virginia and Gloucester.
Hank Brodsky reported that the local division is already helping in Gloucester. Ron Reynolds recommended that this matter go to the District Board, then back to the Foundation. Hank Brodsky suggested that if Kiwanis is going to do anything, it should be for all affected.

There being no further business to come before the board, Hank Brodsky moved to adjourn the meeting, second by H. L. Marks. Ron Reynolds adjourned the meeting.

The next meeting will be on Friday, August 19th in Williamsburg at the District Convention. The time and location in the Marriott are to be determined.

Respectfully submitted,

Charles P. Adams, Executive Secretary
Capital District Kiwanis.