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Board Meeting

Jaime Anday Can you put this on the agenda for the next board meeting??

To: Andy Mahoney
Subject: RE: Hap Waltman Awards

Hi Andy,

We have a fund at the community foundation that we used to dispense the awards this year.  In the past the fund sent us the money and then we paid out the awards.  The IRS cracked down on that process, so now the funds have to go to a certain type of organization (501c3, etc) and we are not that type of organization.

So we talked to the community foundation about our options and they said that they could disperse the moneys through the schools, which sounded like they did quite a bit, so it did not sound like it was going to be an issue. 

We had earnings from the past 4 or 5 years available to cover all the awards this year.  So we disbursed them all out of the fund this year.  Our fund balance is not large enough to fund all the awards, so we will be cutting checks for most of the awards in the future.

I’ll bring it up at our next board meeting to see what we can do to make it easier for everyone.

Scott Firgens, CPA 

Vosper special recognition and membership

Gathering Waters District - Science Night Nov 12 5pm-7pm stick bomb

Panera - Fundraiser

iPad for disabled service member contribution  (Jean)-  $20

http://locator.kiwanis.org/FindAClub
Appleton
K01205 (club ID number) 
Meets at: Paper Valley Hotel 
333 W College Ave, Appleton, WI 54911
Meeting time/day: 12:00 NOON 1st 3rd & 5th WE 
http://321appleton.com 

Kiwanis District Foundation - Email

http://files.meetup.com/4535532/201310_Kiwanis-district-foundation.xps



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  • Dylan

    Sorry guys I have a class I have to attend all day on Wednesday.

    October 28, 2013

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