Posted by Jeff McNaughton
 
From Jeff McNaughton, President-Elect of RCPC and President of the RCPC Foundation - 2021-22
 
The Rotary Club of Park Cities' Communities Fund was originally sponsored in the 1960’s by the Rotary Club of Park Cities (“RCPC”) for the purpose of providing an enduring legal entity through which members and friends of the Rotary Club of Park Cities might make donations for the good of mankind and the Dallas community. The fund continues to this day to consider internal and external grant requests submitted on the RCPC Foundation online grant portal found on the club website.
 
The grant request approved at our May 2021 meeting includes:
$4000 grant for scholarships for Hillcrest High School graduating seniors
 
The Executive Team denied the following two grant requests:
  1. Children First
  2. Family Compass
The Executive Team voted to roll over the remaining $7,152.81 available grant monies until the 2021-22 fiscal year, which starts on July 1, 2021. 
 
According to the Fund’s Policies and Procedures dated November 8, 2011, Section 11. Tenure; Removal   Non-Ex Officio members of the Executive Committee serve four year terms. The Executive Team recommended to the RCPC Board that Daniel Drabinski replace Cleve Clinton as a Non-Ex Officio member of the Executive Committee. The RCPC Board unanimously approved his nomination. His term will be held from 2021-2025.
 
The fund balance as of May 11, 2021 was $1,847,218.00 (almost $400K higher than this time last year).  The Communities Foundation of Texas has done an incredible job managing the fund.  The amount available each year for grants is derived from an average over 16 quarters (4 years), then, 4.5% of that amount is the amount available for distribution the following year.  
 
Our Sgt. at Arms Kyle Marmillion, reported that the RCPC Foundation fund donations thru 4-30-21 totals $62,822.10 from 89 donors!
                To the Foundation Fund:                   $6,422.10 from 37 donors
                To the Bonton Clinic:                        $56,400.00 from 52 donors
 
Your contributions make an incredible difference in the amount we are able to distribute to worthy local organizations. Please consider making a contribution today. https://portal.cftexas.org/donate-park-cities-rotary
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