The Foundation meeting was called to order at 4 p.m. in the Board Room of the Topeka Rotary offices by Foundation President-elect Terry Diebolt. Attending were Roger Aeschliman, Nancy Daniels, Carol Wheeler, Scott Teeter, Jim Caplinger, Joan Underwood and Blanche Parks. Not attending were Tom Gorrell and Mike Worswick.
Diebolt recognized new board members Carol Wheeler and Jim Caplinger for three-year terms and Blanche Parks as the Club President-Elect for a one-year term.

Diebolt presented a slate of Foundation Officers for the 2011-2012 year with Diebolt as President, Worswick as Vice-President and president-select, Underwood as Treasurer and Aeschliman as Secretary. Wheeler moved and Teeter seconded adoption of the slate. Motion carried unanimously.

The minutes of the April 28, 2011 meeting were presented. Diebolt moved and Underwood seconded approval as presented. Motion carried unanimously.

Underwood presented a financial statement as of 6/30/2011. Aeschliman moved acceptance of the financial report as amended and Wheeler seconded. Motion carried unanimously.

Diebolt led discussion of Foundation goals for 2011-2012. Proposed goals were financial support of Topeka charitable entities (especially for the benefit of children); increase the visibility and awareness of the Foundation with the club and in the community; increase gifting into the Foundation; increase the size of the endowment; increase recognition of club members supporting of the Foundation; explore the possibility of unifying/consolidating one Topeka Rotary-wide foundation. Underwood moved and Parks seconded approval. Motion carried unanimously.

A policy requiring periodic review of the investment manager and requests for proposal was presented. After discussion Teeter moved and Underwood seconded the adoption of the Investment Review Policy as amended. Motion carried unanimously.

An annual financial review policy was presented. Wheeler moved and Teeter seconded the adoption of the policy as amended. Motion carried unanimously.

Underwood moved and Parks seconded Foundation gifting of $1,500 for Avondale East Elementary School field trips, $600 to the YWCA pre-school reading program, and $300 for Make A Splash Topeka Water Festival. Motion carried unanimously.

Underwood moved and Daniels seconded approval of cup money for September to Rotary African drought/famine relief; for October to the Helping Hands Humane Society and for November/December to the Ronald McDonald House. The motion carried unanimously.

The next meeting is scheduled at 4:30 p.m., WEDNESDAY, August 24, 2011, in the Topeka Rotary Club Board Room at the Ramada Inn. The Foundation has tentatively scheduled an additional meeting at 4:30 p.m., October 26.

There being no further business the Foundation Board adjourned at 5:40 p.m.

Recorded and Submitted – Roger T. Aeschliman, Secretary 2011-2012