CAPITAL DISTRICT KIWANIS FOUNDATION, INC.
The 202nd Meeting of the Board of Directors of the Capital District Kiwanis Foundation was held
President Gary Boswell opened the meeting at 10:00 AM. Nancy Simonelli led the Pledge of
Introduction of Guests: President Gary Boswell introduced John Devilbis from Ohio - International Trustee and Counselor to the Capital District, Elena Gardner- Builder’s Club Chair and Stacy Miller- Div. 3 Lt. Governor
Roll Call - Charles Adams
The following members were in attendance:
Approval of Agenda- Motion to accept the agenda was made by Ken Hogan and seconded by David Lurie. Motion passed.
Minutes of the August 8, 2015 Meeting: Motion to approve the minutes as circulated by email was made by David Heppner and seconded by Brian Bell. Motion passed.
Treasurer Report: Tim Wesling circulated the Treasurer’s report by email to the Board. Assets as of September 30, 2015 were $810,589.02. A motion to accept the Treasurer’s report was made by Jon Rife and seconded by Roger Diehl.. Motion Passed.
Life Membership: Secretary Charles Adams reported that we have 7new life members since the
Caring Corner: Nancy Simonelli passed out flyers for the Gift baskets and will send out to the Directors to distribute inJanuary.
Ducky Derby: Bob Cassada passed out Adoption Certificates.These need to be distributed
Finance Committee – Gary Boswell stated that a CD matures and recommended moving the $50,000 to the CDKF cash account.. Motion passed.
See Financial Advisor's Report - Bob Cressy. November 2015.
Grant Requests- David Lurie reported that there are 6 grant requests submitted totaling over $14,000. These will be addressed after the budget is presented.
Budget 2015-2016- Treasurer Tim Wesling presented the proposed budget to the board. Brian Bell moved to increase the grants to $10,000. The motion was seconded by Ken Hogan. Motion passed. Ken Hogan moved to approved the amended budget, second by Roger Diehl. Motion passed. Here is the 2015-2016 approved budget.
Grant Requests- David Lurie reported the following grant applications:
A motion was made by Brian Bell to give the following grants:
There being no further business to come before the Board, a motion was made to adjourn by Tim Wesling. Seconded by Jon Rife. President Boswell adjourned the meeting.
The next Board meeting will be on Saturday, February 13, 206 at 10:00 AM at the Fredericksburg Hospitality House and Conference Center.