Endowment Board August 2016 Minutes

Sacred Heart Larned Endowment Board

Meeting minutes 08-07-2016

The board met Sunday August 7, 2016 in the parish center.  Members present:

Fr. Warren Stecklein

• Ray Moeder, treasurer

• Susan Aistrup, secretary

• Dana Bauer

• Brian Hammeke

• Cindy Colglazier

• Troy Landon

Not present:  Stan Durler, Judy Damm, and Matt Watkins

The meeting was opened in prayer by Fr. Warren.  Minutes of the previous meeting were read and approved with no changes. 

Elections for officer for the next term were held following discussion with new members as to what purpose the Endowment Fund and Board serves with Dana giving a brief summary of the history and overview of the fund.

                President:  Dana Bauer

                Treasurer:  Ray Moeder

                Secretary:  to be voted on at next meeting when more new members are in attendance

Treasurer’s report:  the annual report was signed and will be put into the church bulletin and mailed to Dodge City.  A statement of cash flow for 7-1-15 to 6-30-16 was presented by Ray.  Motion to approve the report passed.  

Old business:  Signature cards for the checking account at First State Bank need to be updated.  It was decided that the signatures on the card will remain the same:  the 3 current board officers and Fr. Warren.

Ray presented a handout that he has created to put out to the parish explaining the Endowment Fund, its purpose and a section that can be filled out and sent to the church office for being contacted about donating.  All members approved of the convenience of the form for parishioners and approved the wording. 

New business:  Discussion was held that meetings will continue to be held quarterly, first month of the quarter, third Sunday of the month.  Fr. Warren shared that future goals could be striving to be more active in bringing attention to the Endowment Fund. i.e., dinners, activities, reaching out to parish, etc.  PSR continues to be funded through the Finance council from the general funds at possibly $35,000/year.  Fr. Warren indicated that he doesn’t see this changing back to the Endowment Fund paying this expense in the near future.  Future discussion needs to be held about the purpose and goals for the Endowment Fund so parishioners will see that this is a viable part of our parish and can serve our parish with the needs of catholic education in an active way.  Following this discussion, it was decided to hold off on printing the handout until more specific goals can be established and presented to the parish and public. 

Next meeting:  October 16, 2016  11:45am, Parish center 

Respectfully submitted, 

Susan Aistrup

Secretary