Club Foundation

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Board members:

Class of 2011-   Bob Allan, Bob Elsner, Dick Hostrup

Class of 2012-   Mike Brill, Helene Kalfuss, Frank Peabody

Class of 2013-   Jim Dowler, Don Aikens, Ed Ellis

Above elected for three year terms by club board, plus two ex-officio – current club president & immediate past president = nine voting, two ex-officio (Christine Cross & Ray Corvan) and one honorary member (Bud Wein).

Board structure: Jim Dowler, president; Helene Kalfuss, secretary; MIke Brill, treas.

Financial advisory committee: Chuck Eiser

Financial Fund Manager: Chuck Eiser, Smith Barney – Palm Desert

The funds are generated by donations (e.g., Mazur, Norm Rose, Henry Shweid) and fundraisers (e.g., Tour de Palm Springs, Latin Heritage Festival).

The funds are managed by an account manager (Chuck Eiser) who is guided by investment principles established by the financial advisory committee and approved by the board for implementation. This policy yields a target figure for distribution based upon the calendar year with the preservation of the corpus as a high priority.  The annual grant request deadline is January 15^th & funds are usually distributed within 45 days.