Logo for: Rotary Old Saybrook

OS Rotary Meeting of 5/4/11

Pledge:    President Joan

Prayer:    Gerri Lewis

Song:    Bill McLaughlin

Flim/Flam:    Sandy Taylor

Raffle:    President Joan    Sam Fulginitti    Paul Moore

Happy Bucks:    Work on Golf Tournament    Sandy's grandson graduated with high honors, masters degree,  Bill B grandson graduated from University of Pennsylvania,  Andy's grandson Jacob graduated from UConn.  Congratulations all,
other Happy bucks many and varied.

Sandy reported on the golf tournament, continue to work on sponsors and golfers. For a list of available sponsors contact Sandy. Will review this list next meeting. Contact Mary if you can work the tournament.

Steven Bates Essex Financial reported on the performance of our Foundation. End of April 2011 we stand at $552,000. Foundation was valued Jan 1, 2011 at $509,000 and we have withdrawn $18,000 and portfolio has grown to present numbers. Foundation is performing well. Essex Financial is concerned about possibility of rising interest rates and have changed the mix to reflect this concern with diversification of the portfolio. Presently 35% equities, 65% cash and bonds. We are doing well. 

ROTARY MOTO:    SERVICE ABOVE SELF

ROTARY FOUR WAY TEST

1.)     Is it the TRUTH

2.)     Is it FAIR to all conncerned

3.)    Will it build GOODWILL and BETTER FRIENDSHIPS

4.)    Will it be BENEFICAL to all concerned