Financing a Better World - Pearl Rotarians Share Knowledge and Actions

Posted on: Monday, 15 November 2021

It wasn't money, directly, that colored PPRC's Nov. 9th meeting. Rather the theme of the day became what Rotarians can do with the dollars that are raised.

For instance, the club's Rotary Foundation officer Phil Rothrock, noting November as Foundation Month, reported that the weekly "golf-ball raffle" has raised $18,000 over the decade since it was implemented. Phil also reminded club members that an expected $100 to TRF could be appropriately contributed before Nov. 30.

President Jonelle Anderson followed Phil with a check presentation to the club. $1,400 was earmarked for the Pearl Fund for volunteer services last month at the Portland Marathon. Twenty from our club were on the course cheering runners, providing water breaks, etc. The check went to Rotarian Adina Flynn, current president of the club's non-profit arm.

Adam Steckel, the club's international service committee chair, reported that Pearl RC has joined other clubs, to sponsor student scholarships in Kenya. Wrote Adam:

Adina Flynn

"Portland Pearl Rotary has partnered with fifteen other clubs in District 5100 on an initiative to support students in Western Kenya to stay in school. Our club contributed $2,400 to the Rise to Shine Education Foundation, which covered tuition and education costs for four high school students. "This was our second year supporting these students: Mercy Achieng Jowi, Joseph Onyango, Collins Ouma and Margaret Adhiambo.

We have received reports and letters from each student, and all are doing well in their classes and are on track to graduate. "I'm waiting to hear back how much was raised in total but it must be at least 52 x $600 = $31,200."

Alan Bacharach

Focus then shifted to individual financing. First, in a vocational talk, two financial planners--Adina, Ameriprise; Kyrsten Schenck, New York Life--told of their services to clients. They were introduced by David Scott, vocational service director.

All preceded a half-hour presentation on charitable giving by Rotarian Alan Bacharach. He touched on topics ranging from taxes, deferring taxes, beneficiaries, IRAs and charitable trusts. His refrain: Planned giving can benefit charities (by name he cited TRF, Pearl Fund and organizations PPRC supports like NAYA and New Avenues for Youth) and still be beneficial to your children. "Embrace with them [your kids] with what you want to do...all can be involved in these designations."

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Portland, OR 97209
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