Our Club Foundation Chair P/P Yossi Cassuto calls for increased personal contributions

At the January Rotary Club Foundation Board Meeting chaired by P/P Yossi Cassuto, there was a call to increase awareness of our Club Foundation by all of our Club members and to encourage their continuing and increased personal financial contributions.

Yossi pointed out some of the major achievements of our Foundation to date:

1. FOUNDATION IN STRONG FINANCIAL POSITION: Our Club Foundation has 660,000 NIS in the bank. (this includes to special named funds that support scholarships in the names of PDG Lucian Harris and P/P Amram Miller of our Club.)

2. SIXTY SCHOLARSHIPS AWARDED ANNUALLY: The Foundation gives out 60 scholarships a year of 700 NIS each including the two special scholarships of our late members that are supported by endowments.

3. P/P MOSHE RAZ RECOGNIZED FOR OUTSTANDING FINANCIAL MANAGEMENT: Thanks to the outstanding investment advice of long time Foundation Board member and former Chair, P/P Moshe Raz, our Foundation is in a very good financial position today.

4. CALL FOR INCREASED SUPPORT: The Board strongly believes that it is essential that our full membership become more aware and increasingly supportive of the Foundation. In 2006 individual membership contributions equaled 14,000 NIS and this year personal contributions increased to 30,000 NIS. The Foundation Board is calling on all Club members to consider increasing their gifts this coming year. Ideas have included having a fundraising event, soliciting members directly and having a fundraising campaign with special recognition for major donors.

5. MAJOR DONOR NAMING OPPORTUNITIES ENCOURAGED: Gifts of $500 USD are recognized a6 "Major Donor" contributions in the name(s) of the Rotarian donor(s) or in honor or memory of loved ones and appear on the invitation at the Annual Scholarship Awards Ceremony.

6. NEXT ANNUAL AWARD MEETING AFTER PASSOVER: The next Scholarships Award Ceremony will be held after the passover holiday. Please consider becoming a Major Donor this year.

7. NEXT FOUNDATION BOARD MEETING: The next Foundation board meeting with be held at 12 Noon on Wednesday March 4.