Posted on Dec 09, 2020
On December 9th our presenter was Roger Hull, the Rotary Club of Grosse Pointe's Foundation Board President.
The Foundation Board is made up of 9 directors, with three new ones elected each year as three term out.  It is responsible for the stewardship of the Foundation balance sheet and its assets.  Duties include creating an annual budget, approving or amending grant requests received from the Club Board, and disbursing the funds directly to the organization requesting them or remanding to the Club Board for further action. 
Revenue comes from special events, such as the McNeill Raffle, Cruise for a Cause, and, in the past, bi-annual auctions.  Money is also received through District 6400 grants, donations, gifts from estates, and gifts in memory of a Rotarian.
Funding categories include education (scholarships), community projects (Tot Lot, Crossroads), and international projects (polio).  Accounting and bank fees makes up the operating expenses.
To continue to support our projects (without being able to conduct fundraisers), a letter will be sent out to the membership asking for a donation to the Foundation that is “right for you”.  Donations can also be made on the Club’s website.