The Rote - May 26^th, 2022

Via Zoom

Scribe: Eileen Carpenter

 

The meeting came to order at 12:31. President Noreen Timoney welcomed everyone.

 

Robin Shelley gave an invocation. He expressed how sad a time it is to be listening to the news in Texas. We pray today to help ease the pain of those involved in this terrible act of crime. We also ask that those affected be surrounded by parents, family friends and peace healing love. Please bring an end to senseless acts. We are holding them in our prayers.

 

Noreen commented that it has been a sad day and a sad week. She urged we come together now and reaffirm our allegiance to our flag. She reminded everyone that as we go into the Memorial Holiday weekend, we should remember those victims at Robb Elementary in Texas and also the military and first responders who have helped and continue to protect us. All have contributed to our safety, and many have paid the ultimate price to protect us and keep us free.

 

Irish author Bram Stoker's masterpiece Dracula was released for sale in London. Dracula was not only a sensation in its own right but inspired a genre of horror that remains immensely popular today.

May is Haitian heritage month. Robert Bull discussed Haitian history.

 

Noreen commented about the tragedy in Texas and asked that we pray for the world and those within our country borders.

 

Here is a photo of our tree planting on May 14^th. The Club has planted 900 in total since beginning. This is such an important way to sustain our Club’s environmental focus.

 

25 people will be able to participate in a coral reef restoration with the University of Miami on June 12^th in the morning in the diving location in Key Biscayne. An email will go out later with details. Diane Landsberg has offered to host a lunch at her house after the restoration project.

 

June 4^th is Worldwide End Plastic Soup Action Day. June 5^th is environmental day. Send in pictures to Robert Bull of how you are helping to save the planet. There will be prizes!

 

Saturday, June 25^th is the Installation of our 106^th President Brian Tschirhart . Please Join us for dinner at Miami Police Benevolence Hall. RSVP Diane Landsberg.

Thursday, June 30^th will be President Noreen’s Farewell meeting. This will be an in-person meeting. Please join us as President Noreen finishes up her 2021 -2022 presidency of our Club.

Guest Speaker

Jay Almeida introduced the Club’s premiere investment officer and past president Scott Richey.

• Scott has been in Rotary 15 years, and it is a big part of his life.

• He has been with Northern Trust for 38 years as of this summer.

• He shared Northern is thinking about the market and shared several financial chart slides, highlighting the most significant points.

• Scott reviewed trends, how to invest, risks and how the marketing is now performing. He believes the CPI is leading everything else. A key take away is that the market volatility will subside.

• Real assets commodities have not been slowed. He is not predicting a recession. Reviewed historical data. No panicking. No one is being advised to get out of the market.

President Noreen gave Scott a certificate of appreciation and the Club will plant a tree in Scott’s honor. Noreen and Jay thanked Scott for giving us confidence that things are more optimistic.

 

A video was presented, reminding of us how much things have changed in Ukraine showing the planning of a wonderful conference prior to the war. There are multiple Rotary Clubs in the country, and we should keep them all in our thoughts. Rotary is a partnership without borders.

 

Virtual banner exchange.

 

Happy $$$$$ today were contributed by all to the efforts in Ukraine and as a thank you to Scott Richey’s presentation. Those contributing included: Stephan Schenk, Miryam Cortina, Steve Dutton (who was also happy to be back home from his cruise), Robin and Susan Shelley, Brian Tschirhart, Phil Seipp, Noreen Timoney, Carlos Bonadies, Scott Richey, and Diane Landsberg.

 

TBM Scholarships to be Distributed

Phil Seipp announced that a total $256,500 is going to be distributed to all 76 students who interviewed. Distributions were in the amounts of $4,000, $3,500, and $2,500.

 

President Noreen shared some reflections in light of this week’s tragedy and in remembrance of the Memorial Day Holiday and the meaning behind it.

 

 

Noreen & Jay reminded everyone to renew their Rotary memberships and RSVP for the June 25^th Installation dinner.

Oliver Ruiz led everyone in the Four Way Test.

 

Meeting adjourned at 1:35pm.