Club Business
Dick O’Donnell presided over the meeting.
Edward Woodall led the pledge and prayer.
17 members were present on the zoom call.
No club birthdays or anniversaries
On this date in history:
- 1802 West Point was established
- 1877 The first African American graduate from West Point
- 1876 The first woman was admitted to West Point
- 1926 The first liquid-fuel rocket was launched
- 2008 Bear Stearns collapsed in the financial crisis and was taken over by JP Morgan Chase
Dick shared several painful jokes including:
- What do you call a fake noodle (antipasta)?
- I told my luggage we wouldn’t be traveling this year and now I have emotional baggage
Dick welcomed Sharon Berntson and Will White from Western Alamance H.S. Interact Club.
Club news
- The Club is donating $2,000 to Rotary Reads, an initiative of all the clubs in Area 3. As a result:
- 5,310 books will be donated to 12 low-income schools
- We need Virtual readers
- We need to raise $250 more just our club
- The board voted to meet in person one time per month for the period April – June, at the Alamance Country Club. The 2021 second quarter invoice will reflect this decision. Meal cost will be $15.31.
- District Conference is April 16-18 at Grove Park Inn in Asheville. Dick Brooke, Randy and Rick plan to attend. The link for the reimbursement policy is here: https://alamancerotary.org/wp-content/uploads/2015/09/district_conference_reimbursements.pdf
- Please encourage potential members to join our in-person and zoom meetings.
- Brooke Carpenter is making plans for a fundraiser to take place on April 24. To help, please contact Brooke directly.
- There will be a Split the Pot raffle. Tickets will be $20 apiece and the winner will receive 50% of the total tickets sold. Bonus purchase is 7 tickets for $100. Tickets may be purchased online through a PayPal account we set up or by cash in person only. The goal is to sell 500 tickets. The drawing will be held at our Saturday, 4/24 Trivia Night at 6:00 p.m. There will be physical tickets. If you purchase tickets in line, you will receive ticket numbers by email to confirm your order. If you purchase in person you will receive a receipt stub.
- There will be a Trivia Night on Saturday, 4/24 in conjunction with our raffle drawing. The event will likely begin at 4:00 p.m. and conclude by 7:00 p.m. This will be held at the Kiwanis Shelter at Joe Davidson Park in Burlington (we have reserved it from 3:00-8:00 p.m. that day). Current Covid guidelines limit shelter occupancy currently at 50. If those guidelines are revised prior to 4/24, maximum occupancy will be 100. We are anticipating 5 rounds of trivia, 10 questions/round, maximum 5 persons/team. There will be an entrance fee and we will communicate what this will be soon. There will be a prize for the top three teams. This will be a picnic-style outing with the opportunity to socially distance outside the open-air shelter as well as inside. We can have corn hole and other games set up around the shelter. More detail to come soon.
Program: Pam Fox – Twin Lakes Community
Phil Brown introduced the speaker, Pam Fox of Twin Lakes Community. Phil noted he really enjoys living at Twin Lakes despite it being “an institution.” Twin Lakes does what it does very well.
Pam began by explaining Continuing Care Retirement Communities (CCRC) of which Twin Lakes is one. A CCRC must have 2 of 3 levels of care plus residential services. The three levels of care are:
- Independent living
- Assisted Living (memory care is a component of this)
- Skilled nursing
Most CCRC’s are not for profits.
Some CCRC’s are Type A:
- Pay a one-time admissions fee plus a month feel that is guaranteed not to increase for anything other than inflation and added services for all residents
Type C Facilities (Twin Lakes)
- Pay a one-time admissions fee plus a monthly fee that goes up as the level of care required goes up.
An options on the admissions fee is to have 50% refunded at death to the estate or a declining refundable admission fee that usually lasts about 30 months. The second is an option in case you try the facility and it doesn’t work out for some reason in the near term. 8-10 years is the break-even point between the two.
When looking for a retirement community, ask about whether the following are included or an extra fee:
- Housekeeping services
- Transportation services provided
- The fitness center
- Meal plans and required meals
- Social and group activities
Be sure to check out the financial strength of the organization and the occupancy rate (should be around 90%). Also, be sure to ask what happens if a resident runs out of money. Displacement of a vulnerable individual is not a happy event.
Twin Lakes is one of the few five-star facilities in North Carolina. It was formed in 1980 as a nonprofit organization designed to care for older residents of Alamance County. It takes its obligation to that mission seriously. 10% of its residents receive help to live there. It also partners with ACC, Meals on Wheels, and area colleges and universities. It’s Lanes of Light is renowned throughout the region and last year $31,000 was raised for the Salvation Army.
There are many other services and community types for older adults and Pam reviewed several.
Pam was thanked for her outstanding presentation.
Conclusion
Dick wrapped up the meeting with the Four-Way Test.