July, 2023 Board Meeting Minutes
The July Board meeting of the Westlake-Bay Village Rotary Club was held on August
2 nd . The meeting was called to order by President Bob Maver at 7:30, and began with a
the invocation, the Pledge of Allegiance, and the Four Way Test.
In Attendance: President Bob Maver, Terri Speck, Pat Graham, Jim Strunk, Joe Hudak,
Joe Kraft, Amy Kubacki, Patty Zinn, Jeff Appel, and John Hanna. A quorum was present.
Also in attendance were Her Hoppe, Kevin Krantz, Lisa Hebert, Steve Pettyjohn, and
Gary DiLillo.
Secretary’s Report: Joe Kraft moved, and Amy seconded that the minutes from the June Board meeting be approved. Motion carried.
Treasurer’s Report: There was no Treasurer’s report.
Committee Reports:
Donations: There were no new requests.
Membership: Amy advised that prospective member Justin Hein and his wife just had
their first child. Justin will attend his third meeting this month and be eligible for
membership.
Service Projects: We are receiving $1405 in matching grants for the Epiphany Project. Jeff will meet with them to get a budget for the project and we will decide how much more the Club will need to contribute.
Speakers: We have two open dates in September and are currently booking into
October.
Old Business:
o The Art Festival was another huge success in spite of some early rain. Our next meeting will be dedicated to a wrap up of the festival.
o August has 5 Wednesdays, so we will again be doing our diaper drop for Providence House. Patty announced her building is under contract, so all diapers will need to be dropped at the library.
o Gary discussed changing the date of the Golf Outing to October 6 th . He will
provide new fliers to everyone.
New Business:
o Terri announced that our inbound exchange student will be arriving
Wednesday, August 9 th , at 8:15 am. She will be at the airport to welcome her. Flavia will be attending Bay High as a junior.
o Bob discussed his goals for the new Rotary year. He would like to increase
membership by 10%, as well as diversifying our club. We also discussed having a presence on social media, and asked Lisa to head that up.
Terri offered to put Lisa in touch with someone from the District who is more expert at social media.
There was no further business, and the meeting was adjourned at 8:20
We then had time to share our happy thoughts.
Minutes of the Corley Foundation August 2, 2023
President Bob Maver called the meeting to order at 7:58. In attendance were President Bob Maver, Terri Speck, Pat Graham, Jim Strunk, Joe Hudak, Joe Kraft, Amy Kubacki, Patty Zinn, Jeff Appel, and John Hanna.
A quorum was present.
Also in attendance were Her Hoppe, Kevin Krantz, Lisa Hebert, Steve Pettyjohn,
and Gary DiLillo.
Joe Kraft reported that the value of the Husak-Washburn fund of the Corley $330,534. The committee proposed that we move $20,000 from Vanguard Growth and Income, VGIAX, decreasing US Equity position from 62% to 56%. Move $10,000 to Vanguard Real Estate II Index, VRTPX, increasing Real Estate position
from 0% to 3%. Move $10,000 to Vanguard Explorer, VINEX, increasing International position from 9% to 12%.
Terri moved and Joe H. seconded that the adoption by the committee be approved.
During discussion, Pat asked why we were only increasing Real Estate to 3%, rather than the 4% minimum that is the required minimum. Joe stated that due to the volatility in the commercial real estate market, now was not the time to be heavy in that sector.
President Maver called the vote and motion passed unanimously.
There being no further business, the meeting was adjourned at 8:05
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