Four-Way Test

From the earliest days of the organization, Rotarians were concerned with promoting high ethical standards in their professional lives. One of the world's most widely printed and quoted statements of business ethics is The Four-Way Test, which was created in 1932 by Rotarian Herbert J. Taylor (who later served as RI president) when he was asked to take charge of a company that was facing bankruptcy.

This 24-word test for employees to follow in their business and professional lives became the guide for sales, production, advertising, and all relations with dealers and customers, and the survival of the company is credited to this simple philosophy. Adopted by Rotary in 1943, The Four-Way Test has been translated into more than a hundred languages and published in thousands of ways. It asks the following four questions:

"Of the things we think, say or do:

  1. Is it the TRUTH?
  2. Is it FAIR to all concerned?
  3. Will it build GOODWILL and BETTER FRIENDSHIPS?
  4. Will it be BENEFICIAL to all concerned?
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SADDLEBROOKE ROTARY CLUB FOUNDATION
SADDLEBROOKE ROTARY CLUB FOUNDATION

About The Foundation

On October 27, 2009 the IRS approved the Saddlebrooke Rotary Club Foundation, Inc. as a 501C3 Tax Exempt Charity. It was formed by members of the Saddlebrooke Rotary Club (organized 12 years earlier in 1997) to provide fiduciary management of funds and to encourage donors by offering a vehicle for donations that would qualify for tax deductions.

Once organized, the operations of the annual Fore For Kids Golf Tournament were shifted into the Foundation. Over the next 15 years the Foundation would receive, manage, and distribute grants approaching $40,000 per year or over $600,000 benefitting local students and community organizations.

Today, the Foundation receives many types of donations in addition to tournament income. Members and others wishing to honor a loved one have often chosen the Foundation as the manager of memorial donations. Individual members wishing to support the work of the Foundation with special bequests or donations have also selected the Foundation. One such memorial was the establishment of a permanently restricted scholarship endowment fund, The Harlan Nygaard Endodwment Fund. This fund provides annual contributions to augment the funds that have been designated for academic scholarships. This year the fund will contribute over $3,000 and thus finance a Harlan Nygaard Scholarship for a deserving area high school graduate.

Officers

President, Paul Herr Vice President, Bill Demeroutis Treasurer, Joe Guyton Secretary, Fred Lowy Investment Committee Chairman, Ed Treick

Other Board Members: Club President, Wendy Guyton Liese Razzeto Dan Watson, Bill Vegter Wanda Bailey Roger Bailey David Baker John Oszust ( Ex Officio)

Financial Assets
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