2008-2009 Annual Report

Syracuse Rotary Foundation, Inc.


 

The Syracuse Rotary Foundation was chartered in 1957 to facilitate the educational, charitable and benevolent efforts of the Syracuse Rotary Club.

 

The stewardship of our foundation resources is the responsibility of its board of trustees which respectfully submits this report today.  Members of the foundation are those members of the Syracuse Rotary Club of Syracuse, NY who are in good standing and who have contributed financially to the foundation within the most recently completed fiscal year.  All members of the Board of Trustees are elected on an annual basis at the annual meeting of the general membership of the foundation.

 

Accordingly, as the current president of the Syracuse Rotary Foundation, I now call this annual meeting of the Foundation to order.  As previously stated only Syracuse Rotarians who have contributed to the foundation in the last fiscal year are foundation members in good standing and are as a result eligible to vote.

 

During the recently completed rotary year, the investment committee of the board of trustees provided direction and guidance during these turbulent market times.  The committee consists of Irv Hill, PP John Lewein and John McDivitt.  A special note of appreciation and gratitude to these prominent members of the foundation for their tireless energies and pursuits to maintain the vitality of our corpus.

 

Trustees approved grants totaling $19,950 for organizations recommended by the P&C Committee of the Syracuse Rotary Club.

 

PROJECT FUNDING REPORT

FOR

JULY 1, 2008 TO JUNE 30, 2009

                                                                                        FUNDED
                                                                                          WITH

GROUP NAME                REQUESTED     APPROVED     MATCHING

 

Hope for Bereaved                $15,000                 $3,000                      $0

CAAR Student Literacy         $21,000                $10,500              $21,000

Westcott Community Ctr.      $10,000                  $2,000                $2,000

Rosamond Zoo                       $7,450                  $4,450                $7,450

ARC of Onondaga                  $1,578                         $0                $1,578

TOTAL                              $55,028                 $19,950               $32,028


These recommendations resulted from the hard work of the P&C Committee, chaired by Gary Katz by evaluating all proposals received from charitable organizations active in the Central New York community.  Additionally, due to anonymous donations and matching grants these efforts resulted in funding in excess of $32,000.  Our efforts to leverage charitable funding dollars will continue during the current rotary year.  Special thanks to all contributing Syracuse Rotarians, especially during these turbulent financial times.

 

The nominating committee for the current year trustees was chaired by trustee Irving Hill and included trustees Robert Pickett, and Charlie Manro.  The nominees for trustee positions on the board for the 2009-2010 Rotary year are as follows:

Bradley Strait

Irving G. Hill

Charles Manro

John Lewein

James Gladziszewski

John McDivitt

James Nash, Past President Syracuse Rotary Club

Robert Pickett

Peter Seiffert, President Syracuse Rotary Club

Frank Decker

Pat Spadafora

Matthew Schallmo

Gary Katz, P&C Chairman

 

Special thanks go out to Mr. John Marcellus and Dr. Walter Woods, who have rotated off the board.  Your strong support will be missed and I will continue to seek you insights on how to best lead our foundation and it’s commitment to the ideals of service above self.

 

As president, I would like to take this opportunity to thank al members of the board of trustees and all Syracuse Rotarians who assisted us in carrying out our responsibilities during the recently completed rotary year.  Special thanks are due to PP John Lewein, our hard working treasurer, John McDivitt, for his guidance with our investments, Charlie Manro for his tireless work as secretary and Bob Pickett, our vice president for his efforts in advancing the foundation and our philanthropic pursuits.  It has been another proud year in the annuls of the Syracuse Rotary Foundation, Inc.

 

Respectfully submitted,

James T. Gladziszewski