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This week at rotary...

 
ROB LUTTS and JOHN FISHER
Salem Rotary
 
This week at Rotary we had our second evening meeting, and once again it was a fantastic success with many guests in attendance. John Fisher spoke to us about legacy giving and the Rotary Foundation. He was followed by another Salem Rotarian, Rob Lutts, who once again gave us an economic snapshot. Perhaps there will be a huge recession, perhaps there won't. Only those in attendance know exactly what Rob sees as the likely outcome. 
 
Bruce Whear, the chair of the board of the Salem Rotary Foundation, introduced this week's speakers. He noted that the Foundation operates at a zero cost due to the generosity of both Chris Casey and Rob Lutts, as well as their respective companies. Bruce also noted that he has left funds for the foundation in his will, and he no doubt hopes others will follow his lead. 
 
John Fisher told us the history of the Salem Rotary Foundation fund, dating back to 1992. The concept predates that time. He recounted his efforts to hit his goals in fundraising $25,000, the last two thousand raised to see John jug a beer while standing on his head. He apparently made a lot of money while in the army with this trick! Part of this fundraising was to create scholarships, and Rotarians realized that they needed a plan for stabilizing funds to ensure annual scholarship funds. The resulting funds still are over $1 million. John noted that legacy giving is a way to create, well, a legacy in the community. 
 
Robb Lutts also spoke about the Salem Rotary Foundation and explained how the finances work. This year we have $36,269 going to the Scholarship Committee. Combined, we have given out in excess of $425,000 in scholarships.
 
In terms of his economic forecast, Rob says that the economy is better than you think. The national economy is stronger than the rest of the world and innovation is accelerating. Interest rates my soon moderate, so Rob is optimistic about the near-term future of the national economy. We have an ecosystem that encourages growth here in the United States, which has always been a driver of our economic success. 
 
Rob's five themes on the cusp of great wealth are:
  1. Productivity tools, specifically software and artificial intelligence
  2. Transportation system with a focus on electric vehicles
  3. Digital enablers like blockchain 
  4. Metaverse platforms, like Meta (Facebook), Roblox, and Unity can broadcast events like virtual sports and concerts
  5. Energy storage in wind and solar
Rob listed several companies in each sector. 
 
Alex Sanchez officially joined Rotary this week. Alex is born and raised in Salem and was part of the Salem High School CTE program. He's currently a realtor at Douglas Elliman. Welcome aboard Alex! 
 
 
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Chicken parm sliders and meatballs were just two tasty items this week.
The Bob Anthony Appetizer of the Week was tiramisu. I believe he had some for dessert too!
Alex Sanchez received his new badge as a brand new Salem Rotarian!!

PAY WITH A CARD!

You can now pay for your 50/50 Raffle tickets and Happy Dollars with your credit card. There will be a nominal fee for raffle tickets. Thanks to Doc for getting us one of those cool Toast devices!

VisIting Rotarians & Guests

Marie Cardillo brought her friend Gerry Hildenbrand. Gary Stirgwolt visited once again and was John Fisher's personal hype man. Jeff McCormick was a guest of Bruce Whear. Jason Lang brought his wife Heather. 

CAlendar winner!

Jim Griffith sold by Bob Kennedy

 

50:50 Raffle

Pot was $60

Players: Leslie Levesque and Claire Kallelis

No winner this week!

We are looking for the Jack of Spades, clearly named in honor of A/V Jack, the newest employee of the Hawthorne Hotel. 

 

ROTARIAN NEWS

No news this week!

Club Announcements and events

 
ROTARY LEADERSHIP INSTITUTE
 
Virtual Winter Classes
February 28 and March 2 6-9pm
Do you want to enhance your Rotary experience and learn how expand your service to be a more effective member? Parts I, II, III and Graduate will be offered (and must be taken in order). Sessions are open to all Rotarians and Rotaractors...whether or not they are currently serving as club officers or on the club leadership track. Sign up here!
 
MEMBERSHIP COMMITTEE DISCUSSION
March 21
Salem Rotary Meeting Time
 
The DEI and Membership Committee will be leading a discussion on additional options for membership, such as a community service membership. Be sure to attend so your voice is heard!
 
FUN AND FELLOWSHIP
 
March 28 5:30-7:30
Real Pirates of Salem Museum
We will be having a meet and greet at the Real Pirates of Salem Museum. This will be the next evening meeting of the Salem Rotary. Snacks will be served. 
 
 
SALEM ROTARY AUCTION
 
Spring Into Action
                          May 11
                          Hawthorne Hotel
 
Stay tuned. We will have much more for you in the coming weeks! SAVE THE DATE!
 
ROTARY INTERNATIONAL COVENTION
Melbourne, Australia
 
Register here for this amazing event down under!
 
DIVERSITY, EQUITY AND INCLUSION STATEMENT
At Rotary, we understand that cultivating a diverse, equitable, and inclusive culture is essential to realizing our vision of a world where people unite and take action to create lasting change.
 
We value diversity and celebrate the contributions of people of all backgrounds, across age, ethnicity, race, color, disability, learning style, religion, faith, socioeconomic status, culture, marital status, languages spoken, sex, sexual orientation, and gender identity as well as differences in ideas, thoughts, values, and beliefs.
 
Recognizing that individuals from certain groups have historically experienced barriers to membership, participation, and leadership, we commit to advancing equity in all aspects of Rotary, including in our community partnerships, so that each person has the necessary access to resources, opportunities, networks, and support to thrive.
 
We believe that all people hold visible and invisible qualities that inherently make them unique, and we strive to create an inclusive culture where each person knows they are valued and belong.
 
In line with our value of integrity, we are committed to being honest and transparent about where we are in our DEI journey as an organization, and to continuing to learn and do better.
Birthdays 
Member Birthdays
Adria Duijvesteijn
February 9
 
Jason Lang
February 10
 
Jeffery Shribman
February 19
 
Upcoming Speakers
Feb 28, 2023 5:00 PM
Salem Rotary Club Foundation
Mar 07, 2023
State Senator Joan Lovely - Legislative Luncheon Series with the Salem Chamber #1
Mar 14, 2023
Better Business Bureau
View entire list
Club Information
Tuesdays at 12:15 PM
Hawthorne Hotel
18 Washington Square
Salem, MA 01970
United States of America
If you are interested in learning more about Salem Rotary, please email president@salemrotary.com.
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