What can your $100.00 Donation to the Rotary Foundation Do?

It can provide textbooks for one elementary school in Zambia, purchase 1,000 trees to help reforest desolate regions of Guatemala, provide a hearing aid for a deaf child in Pakistan, buy deworming tablets for 112 children in the Philippines, pay for cataract operations for three blind people in India, or provide 230 blankets for the elderly in the winter months of Korea.  Your $500.00 donation to the Rotary Foundation can help provide a watch repair business for six disabled workers in the Philippines, purchase safety equipment for a boat providing public health service to isolated river villages in Peru, provide prosthetic limbs for 23 disabled people in Thailand/Cambodia, or buy five small sewing businesses to give poor mothers in Mexico a better ability to lead self-sufficient lives. 

District 6990 Assembly

Signature Gardens - South Miami

Saturday, April 17th from 8AM to 2:30PM

WHO SHOULD ATTEND?

All Presidents Elect, All Secretaries Elect, All Treasurers Elect, All Committee Chairs, All new Rotary Club members and You, the Rotarian who is anxious to increase your Rotary knowledge because you are the one who will benefit.  Each club should be represented by at least 5 members.  To register log on to www.ri6990.org

Arthur Stone Memorial Scholarship

Art Stone was a member of our Rotary Club since 1946.  He touched most of us in  many ways; business advise when asked, use of his museum, filling in if the guest speaker didn't show, supporting all fundraising events and was always available to promote this Club, that he loved so much.

His family has agreed that a Scholarship in his name would be the best tribute.  Shirley Stone has contributed $10,000, Judge Elijah Williams and his family has contributed $500 and several Rotarians have donated $500 each.

Hopefully, if you all support this Scholarship, the Club will be able to equal the Stone family donation.

Please make your checks payable to: Ft. Lauderdale Rotary Club/1090 Foundation, Inc. and in the memo section of the check, mark it Stone Scholarship. All donations are tax deductible.

Program

Linda Cooke introduced Tom Cunningham who spoke about the evolution of the banking system and the Federal Reserve Bank.  Like most industrialized nations, the US has a central bank to meet certain needs of its complex economy and financial system.  Unlike most central banks, however, the US Federal Reserve System is in a sence a decentralized central bank,  It consists of a Board of Governors in Washington DC, 12 regional Federal Reserve Banks and their branches and the Federal Open Market Committee.  Established in December 1913 by the Federal Reserve Act, The Federal Reserve System was designed to address the conditions underlying the money panics that had plaqued the country for many years.  The act has been amended several times to enhance the Fed's ability to foster a a sound financial system and a healthy economy.