Knights of Columbus – Chevaliers de ColumbKnights of Columbus –
Chevaliers de Colomb SASKATCHEWAN STATE COUNCIL – CONSEIL
d’ETAT
P.O. Box 61 Stn. Main Moose Jaw, Saskatchewan S6H 4N7
Cell: 306-631-1610 E-mail:
[email protected]
May 2, 2020 - Checklist for Grand Knights/Financial
Secretaries/Council Contacts *Please email this bulletin to the
members
1. Message From The State Deputy – click here 2. Associate State
Chaplain’s Weekly Reflection – click here 3. Supreme Award
Adjustments – click here 4. Training Schedule- May – click here 5.
Online Degrees Schedule and Info – click here 6. Non-Recruiting
Councils – click here 7. Cluster Meetings – click here 8. Leave No
Neighbor Behind - new program ideas for councils during the
Corona Virus Pandemic – tap on the link here. 9. State Convention
Feedback – click here 10. SGPD Eugene- Program Reminders – click
here 11. Charities For Unspent Convention Funds – click here 12.
Voice Your Opposition To Bill C-7- Euthanasia – Article on Bill
C-7.
Good and accurate info.
Moose Jaw, Saskatchewan S6H 4N7 Telephone: 306-631-1610
E-mail:
[email protected] Web Page:
https://www.saskkofcfoundation.com/
Sask K of C Charitable Foundation Annual Report We have received
several questions from Councils concerning our Annual Report. These
are questions that I feel others may also be thinking about, so I
will share the questions and responses that were provided:
1. James & Lawrence Meier grant – I initially thought that the
available grant was $5k to be distributed rather than $15.5k (not
upset though) –The Grants Committee decided to allocate an
additional $10,500.00 in funds to the James & Lawrence Meier
Grant for this one year. Also, Marvin & Pat DeSchryver
allocated an additional $5400.00 as well. ($5,000.00 + $10,500.00
+$5,400.00= $20,900.00). We recognized that these were a group that
were vulnerable during these uncertain economic times and could use
the funding.
2. Recipients receiving the grant should receive the funds from the
Foundation shortly? All recipients that have been approved to
receive a Foundation Grant should expect to get the checks shortly
after the Annual Meeting.
3. Specific to the Vocations Endowment – I note that interest
earned/capital gain on the fund (Page 15) is approximately $20,000.
$14,400 was allocated to the 10 seminarians Is the allocation
calculated - earnings less operating expense? How is the operating
expense for any of the funds calculated? The amount of the earnings
for each endowment is determined by the percent of the endowment
relative to the assets of the Foundation. On Jan 1, 2019, the
foundation’s assets were $3,831,711 and the Vocations endowment
held $317.336 or 8.28%. During 2019 the Foundation earned $207,608.
excluding Capital gains, Losses, write-ups and write-downs. The
vocations endowment’s share was 8.28% or $17,194. The expenses were
allocated the same way. The Expenses were $41,545 of which 8.28% or
$3,441 was billed to Vocations. $17,194 - $3,441 = $13,753. This is
the
amount that was available to hand out in 2020. The amount allocated
ended up being slightly higher which was favourable for the
Seminarians.
4. I note on Total Donation beginning on Page 34 that the amount
shown for my Council for Total Donations is less than the amount
for K of C Vocation Endowment donations beginning on Page 38.
Please explain. The Total Donations spreadsheet on Pages 34 -37 is
for January 1st, 2019 – December 31st, 2019. The Vocations
Endowment spreadsheet beginning on Page 38 is for the second year
of the K of C Vocations Endowment campaign which ran from April
1st, 2019 – March 31st, 2020. In summary, the funds that your
Council donated to the K of C Vocations Endowment from January 1st,
2020 to March 31st, 2020 is not included within the Total Donations
spreadsheet.
We look forward to any other questions that may come in regarding
our Annual Report. Please send by e-mail to
[email protected] or
[email protected]. Unspent Convention Dollars With our
convention being cancelled this year we would like to propose that
each Council exemplify the lesson of Charity by investing the
“Unspent Convention Dollars” that they planned to spend on the
convention on an act of Charity. We ask for a minimum of $225.00
from every Council on one (or more) of the three options below. If
you wish to discuss or complete a purchase you may call or e- mail
Shawn Scherr 306 222 9549
[email protected]. All payments are
made through the Sask K of C Charitable Foundation.
A. Wheelchairs - The Sask Knights of Columbus received a shipment
of 60
wheelchairs in Saskatoon on March 24th, 2020. There are chairs for
youth as
well as adults. Each of the chairs has the Knights of Columbus
logo
embroidered into the fabric. The price per wheelchair is
$225.00.
B. Coats for Kids - The Sask Knights of Columbus has just purchased
50 boxes of
Coats through a special promotion in partnership with Supreme
Council. The
coats will be delivered to Saskatoon early next month.
Councils can purchase a box of 12 coats for a total purchase price
of $200.00.
C. K of C Vocation Endowment - The Sask K of C Charitable
Foundation, in
partnership with the Bishops, priests, councils and parishes began
the third
year of our campaign on April 1, 2020. We have again established a
target of
Councils that have already contributed a minimum $200.00 to the
Unspent
Convention Dollars campaign
Prince Albert Council 8655 Saskatoon Council 5104
Saskatoon Council 8215
