The Rotary Club spent our Monday meeting discussing fundraising. Sometimes a dry topic but it was led well by Alain Guerard, Tarek Williams and Gail Halderman. There is no doubt that in the current economic climate, family funds are tight and every kind of fundraising is harder to do.
Gail Halderman spoke about our general budget, where the funds come into the club and where under some general headings they move out. We do have some reserves and in general are in a solid financial position, but larger, more impactful projects can eat up significant funds, and raising those could be a challenge.
Tarek spoke about how the funds are currently raised for the Rotary Music Festival, how that mechanism has some flaws or could be improved and how funds are spent, about how we make an impact in the community and how we have some legacy projects which take significant resources. All three gentlemen led a wide-ranging conversation about where funds are spent, on a few idea's for raising funds and how the community needs can be assessed.
Thanks to all three for their work, and leading the discussion. Also thanks to everyone who contributed. A lot more work will be done on this as our annual budget is brought forward.
With fund raising in mind, Anne Carrier made a motion seconded by Dick Bide, that “The Rotary Club of Medicine Hat apply for an AGLC raffle license for our 2027 Music Festival, under the terms and conditions we have used in the passed.” That motion was passed.