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Janee’ Hanzlick inquired if the balance sheet reflected grant payouts and Tim Steele said that they did. Janee’ noted that the Foundation had assets of $541,526 as of year-end. She raised a question as to what expenses the Foundation pays and what expenses the Rotary Club pays. She also asked if the Foundation received Club members’ “Happy Bucks”. Tim and others present thought that ... ................
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