Rotary Club of Needham
Tuesday: July 9, 2013
Location: Needham Sheraton

Pledge of Allegiance: Glen
Song: Bob Cocks led us in God Bless America
Invocation: Doug

• Independence Day Float was great! A special thanks to Bill R. and Greg for their efforts
• The Rotary shirts are in, some have picked them up, and others can grab them at the next meeting. Thanks to Rich and Greg for coordinating. Get payment to Rich
• Boston Red Sox- Jim Brown announced that we, as a group, have the opportunity to attend a game scheduled for September 4 (Tigers) or 17 (Orioles). We need a minimum of 20 people to get the preferred rate of $49 for an infield box along right field. Both are night games
• Glen will be sending out an email requesting folks to provide him with what other activities, community organizations and non-profit organizations we all belong to
• Looking for ideas to boost promotion and PR in Needham of what we do
• Guest speakers for the next three weeks include Walter Collins (NBA president), Doug Detwiler (Dist Governor) and William Brink

Guests: Shirley MacPherson (Assistant District Governor), Gary Zeller, Matt McEwen (intern)

Happy $$$: Congratulations to Louise Condon for winning the "Spirit of America" July 4th parade float award, a bunch of Happy 4th, GTBHs, Dan for visiting his mom, Scott for a safe flight back from San Francisco, Doug's son bought a condo in Newton, Brenda is happy to welcome a little girl this fall!

50:50: Scott pulled the five of diamonds. Pot stands at $109

Humor: Some oldies but goodies from Doug

Guest Speaker: Tom Savino talked about the Memorial Scholarship Fund. It was founded in the early 1950s with the purpose of accumulating funds to award annual scholarships to Needham residents attending college. Currently the fund awards two scholarships a year valued at $10,000 each. The fund pays out $20,000 yearly in support of the scholarships awarded. The balance as of December 31, 2012 was $286,000. The investment committee targets an annual return of between 6-8% in a conservative to moderate portfolio. Years ago, Mr. Dick Burnham left the Fund $100K upon his death. It is a reminder to us all to consider bequeathing to the Fund as part of our estate planning. The Fund is always looking for donations to grow the Fund to be able to award larger scholarships. Matt is working to contact past recipients to see if they are able to give back and help raise money to grow the Fund.