CAPITAL DISTRICT KIWANIS FOUNDATION, INC.
Meeting of the Board of Directors
February 11, 2017

The 207th Meeting of the Board of Directors of the Capital District Kiwanis Foundation was held on February 11, 2017 at the Fredericksburg Hospitality House Hotel and Conference.

President Gary opened the meeting at 10:00 AM.
Nancy Simonelli led the Pledge of Allegiance.
Mike Dasovich gave the invocation.

Introduction of Guests – John Morris, Past District Trustee and current Governor-Elect candidate

Roll call – Charlie Adams – 17 Board members in attendance.

The following members were in attendance:

Charles Adams Gary Boswell Nancy Simonelli
Bernice Oden Roger Diehl Charles Marks
David Lurie Kelly Boswell Tom Varner
Ken Smith Andrew Wong Dennis Grubbs
Jon Rife Sue Vona Hiawatha Nicely
John Myers Jim VanHoozier  

Approval of agenda – Motion to accept the agenda as presented was made by Jon Rife. 2nd by Ken Smith. Motion passed.

Minutes of the November 12, 2016 meeting – Minutes were emailed to board members. Motion to approve the minutes as circulated was made by Sue Vona. 2nd by Dennis Grubbs.
Motion passed.

Treasurer report: Tim Wesling emailed the Treasurer’s report to the board members. Tim was unable to unable to attend the meeting to present his report. Click here for the current Balance Sheet.

Life Membership – Charles Adams reported  3 new life members since the last meeting.

Caring Corner - Nancy Simonelli reported that flyers for the Caring Corner have been sent out to the clubs. We had 24 baskets to raffle in 2014, 33 in 2015 and 38 in 2016 . CDKF License Plate frames are in - 500 to sell at $10 each. They will be available at the Caring Corner at DCON. Have collected $710 on the frames so far.

Ducky Derby – Charles Marks reported that we have 7 gift cards as prizes along with the cash prizes for the Ducky Derby. $200 for Duck Adoption Certificates has been turned I at this time.

Founder’s Society- No Report

Finance Committee Report- Gary Boswell asked David Heppner to report.  He stated that the Committee will review the Investment Policy and report at the march DCON CDKF Board meeting. John Myers, Tim Wesling and David Heppner will review proposals from financial Institutions to handle our investments and will report the top contenders to the Board at the August meeting. We will have a conflict of interest clause included.

New Business
             President Boswell reports in the Capital Kiwanian  every issue what the Foundation does.   The  belief of many is that we only support the hospitals. We do a lot more than that including support of the SLP’s, scholarships, grants and teenager of the year.  Many clubs think the Foundation has almost one million dollars so why should they contribute when their funds are low.  Some of these funds are permanently restricted and some partially restricted as far as their use. The CDKF needs club support to continue to do the things listed above that we do.
 
            Grant Requests need to be submitted by email to Charles Adams at govadams@aol.com by March 15, 2017.

            Tablet of Honor- A motion was made by David Lurie and seconded by Jon Rife to present a Tablet of Honor to Bob Cressy for his years of service to the Foundation.  Motion Passed.

            Playscape Playground- Dale Collins, Past District Trustee and member of the Elkton Kiwanis Club thanked the foundation for its generous to the Elkton Club to help build the Fair Hill Nature Center Playground for use by students in Cecil County,MD public schools. Dale said without the help of the foundation the playground would not have been possible and it will serve thousands of students and resident s for years to come.

There being no further business, the meeting was adjourned. The next Board meeting will be on March 17, 2017 at the District Convention in Baltimore.

Respectfully submitted,
Charles P. Adams, Executive Secretary
Capital District Kiwanis Foundation