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The Light for October 4, 2022
 
By Katherine Peterson
 
Presiding was President Kathy Tate-Bradish, who launched the meeting reading the land acknowledgement statement recognizing the indigenous peoples to whom this land originally belonged.  
 
Kristin Brown recited “Why We Are Rotarians” and shared the Thought for the Day from Malala Yousafzai in a speech to United Nations Security Council, Sept. 9, 2021:
 
“Girls’ education is a powerful tool for building peace and security — and I urge the Security Council to recognize it as such.  When girls go to school, countries are able to recover from conflict more quickly once peace is established. Educating girls helps create stability and binds communities. People with more years of education tend to coexist in harmony and peace. But we also know that when girls receive an equitable and inclusive education, it also helps prevent conflict. In some countries, doubling the percentage of students finishing secondary school have halved the risk of conflict.”  Kathy concluded wishing everyone a Happy Yom Kippur.
 
 
Announcements
 
 
Albert Menard announced the next trash pickup will be Saturday, Oct. 15, at 8:30 a.m., meeting at the TJ Maxx parking lot on Golf Road.,
 
Club Service Chairperson Joan Borg reminded the club that our regular Tuesday morning meeting will be on Zoom for October 11 and 18.  There will be no in-person meeting on those dates. 
 
Bryant Wallace is sending another reminder about the upcoming Chessman Club 64th Annual Community Service Awards Dinner & Benefit, Oct. 14, at the Holiday Inn & Suites Chicago-North Shore, 5300 W. Touhy, Skokie.  Cocktails at 6 p.m., dinner and dancing at 7 p.m.  Unable to attend?  Consider a generous donation, donate an auction item, consider a sponsorship, or bid plentifully on auction items.  RSVP:  https://one.bidpal.net/chessmenclub
 
Kathy Tate-Bradish announced the Downtown Fall Fest – Saturday, Oct.9, 12:30 p.m.– 5 p.m. Fountain Square, Rotary is invited to have a table and she will send an email with details about that.  In addition, District 6440 is having Fall Training – Membership Matters, Oct. 15 online (or – do the Golf Road Clean-up!): https://rotary6440.org/event/fall-training/ and, Kathy continued to announce World Polio Day, Monday, October 24.  Plans are in the works.  The nominating committee for selection of next year's committee chairpersons is in process and hopes to be assembled by the end of the week.  Kathy declared that money would be collected from in-person members sitting at the back of the meeting room--$1. The “old” tradition of collection boxes was taken up once more since Covid, returning to the tradition of collecting $1 for various “infractions” such as sitting in the back of the room during meetings, or not wearing your name badge.
 
Roasts & Boasts
 
Ann Searles boasted our own Steve Goranson and Nick Powers, whose pictures were posted in an email newsletter from the Alliance for the Great Lakes.  She continued with a toast to our dear friend and club member, Linc Janus, as we approach the first anniversary of his death. Ann also boasted the flash event members attended of Javoid Simmons art exhibit at the Northminster Presbyterian Church on Saturday.  Ann continued that the Bartlings both tested positive for Covid after traveling. 
 
Kathy Tate-Bradish boasted that she and Bob have been married for 46 years.  In addition, Kathy’s mother turned 90, her father will be 90 in the Fall, and her parents celebrated their 70th anniversary a few months ago.  
 
Program
 
Topic: Philanthropic Giving Strategies
 
Speaker: Mike Merdinger
 
Kathy Tate-Bradish introduced Michael Merdinger, who is a Partner with Private Vista LLC, EVLRC member, and part of the club’s individual giving committee who wlll be giving us some strategic ideas for philanthropic giving. 
 
Michael explained that after death, or even in life, there are three places your money can go: family (or friends), charity, and the IRS, and the IRS always wants a piece.  Active estate planning can influence which of these three gets assets.
 
There are many levels of planning, including wills, trusts, powers of attorney, etc.  Michael reviewed the basic estate documents involved in philanthropic giving. He covered some rules of estate tax information for Federal and State Estate Tax as well as covering some of the options for family and charity giving, including some ways to transfer wealth.  
 
Michael offered to advise members pro bono for anyone who wants to go through this process or determine how assets can be managed. He went into detail with his ideas about giving strategies that can be seen in the Zoom link that is shared with club members after every meeting.  Q&A followed.  
 
Key Messages:
  • Don’t give away something you may need.  You don’t know what you can do until you know what you can do.  
  • Make sure your estate documents are in shape.   
  • Before you make a major gift, consider what effect it will have on you, your family, and the charity.  
  • 90% of donors do not think about how their gift will impact the charity they choose to contribute to.
Guests and Milestones
 
Visiting Rotarians
 
Patricia Narvaez, Pasto, Colombia, where she acts as club secretary, visiting her daughter who lives locally.
 
Other Guests
 
Amy Resnick, new club member in process.
 
Matthew Farrauto is a friend of Ann Searles who was an enormous help at Taste of Evanston.
 
Joanna Greene is a friend of Ann Searles.
 
Club Anniversary
 
MaLu Simon, 11 years, Oct. 4, 2011  
 
 
 
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