Educational Foundation Reports


                              

ANNUAL REPORT

      January 1, 2017 to December 31, 2017

 

           The Educational Foundation’s report corresponds to a calendar year 1-1-17 to 12-31-17 of activities and highlights.  Officers and members of the Educational Foundation from January 1, 2017 until July 31, 2017 were as follows. Chairman George Mortis, Vice-Chairman Penny Khorraminia, Treasurer Dr. Tom Javarinis, members: Mark Przeslawski, Dino Stathis, Tina Prevas, Georgia Stathl, Dr. Cathy Yeotis, Dr. Evans Farres Dist.#10 Gov. OA, Peggy Collias Dist.#10 Gov. DOP, Dimitris Papageorgiou Dist.#10 Lt.Gov.OA, Elaine Charalambopoulos Dist.#10 Lt. Gov. DOP.  In addition Milton Gust serving as Executive Secretary.

         A total of six formal meetings were held.  Below are some of the important highlights.

 

JANUARY 21, 2017

The 2017 High School and College Applications were sent out to all Ahepa & Daughters of Penelope Chapters and to all Greek Orthodox Churches in Michigan.  The deadline date for submission of the scholarships was April 1, 2017.

 All chapter $100.00 obligations/contributions were sent out as well as all 2017 E-Club statements to the 2016 E-Club members.

 The 50/50% raffle application was filled out and mailed to the State of MI Raffle Dept.  

 Committee’s were formed with the following acting as Chairman: (a) Finance & Investments Dr. Tom Javarinis, (b) Public Relations & Fund Raising Penny Khorraminia, (c) E-Club & Scholarships Milton Gust, (d) Legal & By-Laws George Mortis, (e) Capital Fund Raising Project Elena Kerasiotis.  Under Capital Fund Raising over 180 letters were sent out.  PayPal account information was corrected to receive monies from donors.  A new database sorted by area, city was formed and calls were made to past recipients.

 Chairman George Mortis passed out a new updated donor’s packet that will be used to hopefully secure new scholarship donations.

 A new accounting system is being implemented on by Chairman George Mortis & Dimitris Papageorgiou

 The 2017 District Convention would be held on May 20th in Grand Blanc at the Assumption Greek Church Center.

 President John Hatzis & Vice-Pres. Lou Kircos of Omega #371 present a detailed proposal of what the Omega Chapter would like to implement in conjunction with the Educational Foundation.  Basically they proposed to fund 3 scholarships for a 10 year period. (1) a $5,000 high school need, (2) a $2,000 high school merit, (3) a $2,000 college merit.  In addition to also give $1,000 per year to the Foundation to implement the proposal.  The proposal was unanimously accepted.

 MARCH 18, 2017

Chairman George Mortis congratulated Executive Secretary Milton Gust on being selected one of the 2017 “Hellenic Heritage Award Recipients.”  The Executive Secretary thanked the Board for all that it did to make this award possible.

The Executive Secretary requested that all Board Members check on the status of scholarship applications when they get back to their chapters.  Again the deadline date is April 1st.

As of this meeting the 2017 E-Club has 163 paid members.   Board Members were encouraged to get other members in their respective chapters to join the E-Club.

The 2017 50/50% raffle will have three prizes those being 25%. 15% & 10% of all gross income.

Chairman George Mortis & Lt. Gov. Dimitris Papageorgiou gave an update on the new system of accounting procedures of tracking all the funds of the Foundation and especially how the unused scholarship monies would be tracked.

The Executive Secretary is to work with various insurance agents to get a new 3 year bond for $1,000,000.00.

APRIL 22, 2017

The Board received shares of Exxon Mobile valued at $5,025.10 which was placed into the Olga & George Yeotis Scholarship Account.

Our new Money Manager Tom Laskaris gave a detailed report regarding the Foundation’s assets and how since its inception with him, it has earned 9.4% with dividends and interest. The Board thanked Brother Laskaris for a job well done.

 The Board approved a motion to purchase a full page ad in the District Convention Ad Book at a cost of $125.00.

 The Board again approved to do the color brochure listing all of the scholarship recipients.

 After the tabulation of the essay scores along with the scores from the pre-evaluation, it was determined that the Foundation would give out a total of 35 awards totaling a grand total of $47,300.00.

The following students received the following awards:

 Scholarship Awards

  1.  Katrina Levy the Omega #371 for $5,000.
  2.  Christina Clinton the Omega #371 for $2,000
  3.  Mary Hoopes the S.V. & Georgia Sekles for $1,500
  4.  Demetrios Stathis the Christina Przeslawski for $1,500
  5.  John Carson the E-Club for $1,300
  6.  Christina Missler the Milton Gust for $1,300
  7.  Claire Duncan the Perry & Catherine Kallis for $1,000
  8.  John Hauck III the Tom & Pauline Litos or $1,000
  9.  Matthew Sietsema the Ted Vlahon for $1,000
  10.  Alethia Bough the Steve & Anna Mae Vlahon for $1,000
  11.  Vasili Ioannidis the Helen Mouzakis-Siler for $1,000
  12.  Nicolette Monocelli the Chfris & Betty Baryames for $1,000
  13.  Penelope Patsarikas the Nicholas & Helen Masters for $1,000
  14.  Chrysoula Kondyles the Peter Prevas for $1,000
  15.  Chris Apostoleris the Omega #371 for $2,000
  16.  Socrates Papageorgiou the Thamyfris #272 for $2,000
  17.  Christopher Mitropoulos-Rundus the Olga & George Yeotis for $2,000
  18.  Dimitrios Pappas the T.K. Zampetis for $2,000
  19.  Kenneth Joynt the Dearborn #374 for $1,500
  20.  Niki Aronis the Sam & Estelle Spounias for $1,500
  21.  Athena Chapekis the E-Club for $1,300
  22.  Konstantinos Boutsikakis the Bill & Dina Papanos for $1,200
  23.  Dimitri Przeslawski the Dimitris Papageorgiou for $1,200
  24.  Artemis Vouharas the Harry Pilitsis for $1,000
  25.  Angelos Bairactaris the 55th District Lodge for $1,000
  26.  Alexis Kontorousis the Angelo Plakas/John Francis for $1,000
  27.  Othon Econoopoulos the George & Agthena Hanzakos/Dr. George Kouskoulas for $1,000
  28.  Sophia Palazzolo the Basil Inempolidis for $1,000
  29.  Jacqueline Kosmas the C.Gus & Marge Paron for $1,000
  30.  Jordan George the George & Nitsa Mortis for $1,000
  31.  Katherine Hoopes the Kostas Kostopoulos or $1,000
  32.  Loukas Kondyles the James & Helen Alexander for $1,000
  33.  Olga Panaos the Peter C. Stathis for $1,000
  34.  Harilaos Vouharas gthe Sam & Georgia Gianoplos for $1,000
  35.  Stephen Philippou the Harry & Diane Pulos for $1,000

Once again the Foundation Board wishes to thank Dr. Mike Syropoulos and Sister Kiki Sekles for all their help with the Pre-Screening of all the scholarship applications that were submitted for consideration of a possible award.  Also to Sister Calliope Duncan for all her work on preparing the beautiful Gold & Blue certificates that each recipient received besides their monetary award.

 JULY 1, 2017

           At this time Chairman George Mortis welcomed and congratulated our 2 newest Board Members who were elected at the District Convention, Elena Kerasiotis and Lou Kircos, to serve a new 4 year term.

             

          ELECTION OF BOARD OFFICERS FOR 2017-2018

           The new officers that were elected were: Chairman George Mortis, Vice-Chairman Penny Khorraminia,   and Treasurer Dino Stathis. Members of the Board include, Georgia Stahl, Mark Przeslawski, Tina Prevas, Lou Kircos, Elena Kerasiotis Dist. Gov. OA Evans Farres, Dist, Gov. DOP Peggy Collias, Dist. Lt.Gov. Dimitris Papageorgiou, and Dist. Lt.Gov Elaine Charalambopoulos. 

           In addition Milton Gust was unanimously reappointed Executive Secretary. 

           The Capital Fund raising project’s initial target population will be former scholarship recipients. 

           After some discussion regarding unused interest and dividends a motion was passed that any interest and dividends not used is to be placed back into the individual accounts and listed as “Cash” so that it can be used in giving out a future award. 

           E-Club donations for 2017 now stand at 209 paid.

           The Student Scholarship Brochure was sent to each donor whose award was given out in 2017 along with a thank you letter. 

           The Foundations new “Crime Bond” of $1,000,000 covering the entire Board is in effect as of June 2, 2017 until June 2, 2020. 

           The Scholarship applications for both the high school and college will have new changes and with the help of Brother Dimitris Papageorgiou a student will be able to complete the application on line. 

           A suggestion was proposed to investigate the process of automatic renewal of E-Club donations. 

           OCTOBER 14, 2017 

           As part of the Capital Fund Raising Project Chairman George Mortis passed out a package to be used for possible donation requests for new donors.  The package when completed will include graphs, timelines, and the number of scholarships issued and total monies given out.          

           The Corporation Update for 2017 was completed and submitted to the State of MI. 

           The Mid-Year conference was held on November 4, 2017 at St. George Bloomfield, MI.          

           The E-Club stands at 215 paid members for 2017. 

           Dimitris Papageorgiou and Chairman George Mortis gave a detailed explanation of the proposed new accounting process for inputting and tracking the new Foundations funds. 

           The 2017 Raffle drawing was held and the winners were:  1st Prize to Dino Collias for $1,295 2nd Prize to Alex Patsarikas for $777 and 3rd Prize to Paul Ladas for $518.  NOTE: Mrs. Patsarikas donated back to the Foundagtion $350.00.  The Board extended its thanks to all who purchased the tickets.  It also thanked Sister Penny Khorraminia for her excellent work on chairing the raffle project. 

           President John Hatzis of Omega $371 indicated that for the 2018 Scholarships the Omega chapter will give out (1) $5,000 need high school, (1) $2,500 merit high school, (1) $2,500 merit college and (1) $2,500 merit for either high school or college.  In addition $1,000 for expenses. 

           A sub-committee consisting of Elena Kerasiotis, Lou Kircos, Dino Stathis are working on the process using credit cards for e-club payments.  A new Gold Level was proposed in which anyone who using the credit card process and donates at least $100.00 the Omega chapter will match that donation “two to one” meaning that a $100 donation will become $300.00 

           A lengthy discussion arose regarding the cost of the recipient’s dinners at the banquet incurred by the Foundation.  Various suggestions were made but the one receiving the greatest support was to not charge the Foundation nor the recipients for the dinners.  Knowing that the students would be bringing their parents, guests and donors.  Cost of the recipient’s dinners to be absorbed by the District Lodges or the host chapter can absorb it or request assistance from the District Lodges.  A resolution to the above suggestion was unanimously approved. 

DECEMBER 2, 2017 

E-Club donations are now at 227 paid members for 2017.

The Executive Secretary is to place an application for the OA, DOP, SOP or MOA into each high school recipient’s folder so that they can become members and be eligible for the college scholarship next year.

 Tom Laskaris along with his partner passed out a detailed report regarding our investments.  They indicated that we are doing very well and that year to date it is earning 9.58% and since its inception it is at 9.19%.

 Our new dash board program is working beautifully and that our Transaction register reconciles with the bank deposits.

 The 2018 District Convention will be held in Ann Arbor on May 19th.

 Our new fillable PDF high school and college applications will be on the Ahepa Dist.#10 Web-Site as well as on Malista.com

 District #10 Scholarship Donation Report:

As of December 31, 2017 the following chapters of the Order of Ahepa and the Daughters of Penelope, have  paid their $100.00 District #10 Scholarship donation

 O.A.            ALL HAVE PAID                   

 D.O.P.        ALL HAVE PAID

 It is hoped that all chapters will participate and send in their chapter’s donation early so that it can earn interest.  Again a chapter is requested to donate $100.00 per year, and it is due as of January 1st for the following year.

 DISTRICT #10 E-CLUB DONATION REPORT:

The “E” Club was conceived and implemented by late Brothers John Athans and Theodore Skartsiaris.  In essence the “E” Club” is a means of raising funds for scholarships.  Membership is $25.00 per person annually or more.  For this $25.00 or more a member receives a membership card and has their name printed in the annual “E-Club brochure”.  As of December 31st 227 members paid $25.00 or more towards the 2017 E-Club. Special thanks go to the Aegean (42), Thamyris (34), Flint (23), Doris (15), Lansing (15),V.I. Chebithes (19), Grand Rapids (14), Alpha-Bloomfield (10), Dares-Dearborn (13, Saginaw (11), Ann Arbor (19), Muskegon (8), for their tremendous effort in trying to get as many members to join as possible. 

RECOMMENDATIONS FROM THE DISTRICT #10 EDUCATIONAL FOUNDATION TO THE 87th ANNUAL DISTRICT #10 CONVENTION.

1.    That chapter presidents report a liaison officer (new or existing) to the Educational Foundation’s Executive Secretary in order to have a direct line of communication between the Educational Foundation and the local chapter.

2.    That each and every individual in both Orders take a more active part in the goals of the Foundation including:

a.    Joining the E-Club

b.    Circulating and encouraging applicants for scholarship awards

c.    Promptly submitting of the chapter scholarship dues of $100.00, preferably in January or February.  This will help us earn more interest.

3.    That the District Secretaries of each Order forward a list of newly elected chapter presidents, their

Addresses and telephone numbers to the Foundation immediately following this convention and that it

be a requirement hereafter.

4.    That careful consideration should be given to this year’s election of members to the Educational

Foundation to fill the following terms expiring this year.

a.    Ahepa must elect a  4 year term member

b.    D.O.P. must elect a  4 year term member  

NOW THAT WE ARE A 501(c) –(3) TAX-EXEMPT CORPORATION:

Those individuals both in the Order of Ahepa as well as the Daughters of Penelope or various chapters in both Orders consider the possibility of initiating a commemorative or memorial scholarship and such funds to be administered by the Educational Foundation.  It is felt by the Foundation, that there are many leading and prominent families in our district as well as chapters that may wish to initiate these types of awards but were unaware as to the procedure.  By contacting the Foundation they would receive the necessary information in order to initiate such an endeavor.  

 As Aristotle said “All who have meditated on the art of governing mankind have been convinced that the fate of empires depends on the education of youth”.     

 

                                                                        Respectfully submitted,

                                                                                   

                                                                        Milton A. Gust

                                                                        Executive Secretary

                                                                       For the Order of Ahepa District #10 Educational Board

 

Members: ,Chairman, George Mortis, Vice-Chairman, Penny Khorraminia , Dino Stathis Treasurer, Dr. Evans Farres Gov.OA, Peggy Collias, Gov. DOP, Mark Przeslawski, Tina Prevas, Elena Kerasiotis, Georgia Stahl, Lou Kircos Dimitris Papageorgiou, Lt.Gov OA, Elaine Charalambopoulos, Lt.Gov. DOP

  

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George Mortis,
May 18, 2017, 9:04 PM
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