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Indo American Foundation President's Message



Subhash Thathi, President, IACRF
Message from the President:

Dear Community Members:

I deem it a great honor to be serving as president of the Indo-American Cultural and Religious Foundation for a second term. During my first term in 2006, I had the privilege of being a part of the development of the Ekta Mandir. As a diverse community I know many of us do not share the same backgrounds, professions, or religious beliefs, but I know that we are all proud to hail from the rich Indian heritage of our ancestors. As president, I hope to continue what has been a great history of bringing of our community together despite our many differences.
 
I would like to outline what I believe will help me achieve this goal. However, I cannot accomplish this on my own. It is all of you that make this community what it is and only you can help me bring us even closer. It would be a great privilege to work with all of you and for this reason I ask you all to please volunteer. My predecessor had a desire to bring together our children to participate in our cultural events. As we prepare to pass the baton to our emerging youth we are in desperate need of their help. Last year they made great strides to make this possible including having our children run an event completely on their own (Charity Walk). Which I am happy to report was a great success, but we could be doing more. This year I hope to create a youth committee and fully immerse them in the foundation, something I hope you all will encourage your kids to join. Please contact the foundation and let us know if your children are interested.
 
Beyond expanding our current volunteer programs, I'd also like to revamp our current infrastructure. Our foundation hall is in need of remodeling and modernization. My goal is to create a state of the art community center so we all have a place to gather and celebrate our cultural heritage. For this we will need the community to pitch in and donate generously so that we can proceed with our plan. I want to emphasize that the community center and temple are not owned by a few members, but rather the whole community. I promise to lead the organization with transparency and open communication. Your feedback is important to me and will help me improve the foundation as best I can.
 
I would like to get our sister organizations together to bring our community together. I want to recognize more organization as sister organizations. Using the resources of the foundation it would be a pleasure to assist them in growing their communities and expanding their events.
 
These past years Ekta Mandir has hosted many great events and it will continue to do so. I have enjoyed seeing the large crowds at Diwali, Navratri, and other celebrations and I hope that we will continue to see all of you there. In 2015, we hosted 104 events at Ekta Mandir and our calendar for 2016 is just as exciting. We continue to see growth in community participation which is something that brings great joy to my heart.
 
I am excited to be working with a very young and enthusiastic board of directors this year. I believe with their energy and the experience of some of our more seasoned directors we will create a foundation that is both efficient and innovative. We also have a very active board of trustees who will help us strive to be the very best that we can be. We are still looking for people to join our board of directors and I encourage you to call me if you are interested.
 
I would like to invite you to visit our websites www.iacrfaz.org and www.ektamandir.org for more information on our upcoming events, volunteer opportunities and donations.

Let's come together and make 2016 a great year for the foundation and the community it serves!
 
Sincerely,
Subhash Thathi,
President,  Indo-American Foundation of Arizona
(480) 788-9827:  
Congratulations to 
IACRF BOD and BOT 
for 2016-2017 Term!

IACRF Board of Trustees Officers
Chairperson
Jagdish Sagar

 Co-Chairpersons 
Madhusudan Bhakta
Bajarang Agrawal

IACRF BOD Officers 2015-2016
 
President
Subhash Thathi

Vice Presidents
Mukund Patel, Murugan Patham, Jai Seecharran 

Secretary/Jt. Secretary
Sudhir Kalra, Deepa Walia 

Treasurer/Jt. Treasurers
Sangeetha Sethia, Satya Mittal, Ravindra Ameta 

Public Relations Secretary/Jt. PR Secretary
Punit Garg, Lokesh Joshi, Nitin Jain

Past President
Minaxi Patel  

Legal Counsel
Monika Sud-Devaraj
 
OTHER DIRECTORS:
Dayaram Ahir, Pankaj Bakhda, Raj Bhalla, K L Chhibber, 
Prakash Deshmukh, Sudhindra Gadagkar, Neha Gupta, 
Venkatesh Gurumurthy, Manherlal Khatri, Jagan Lingamneni, 
Jahnvi Mehta, Kinal Movalia, Ramesh Narasimhan, 
Rita Ashok Patel, Sita Raman & Seema Shah
 
IACRF Staff
Priests Joshiji and Sudarshan ji
Manager: Mahendra Devgania
Custodian: Gabriel
2015 - 2016 IACRF Accomplishments 
including Financials
 



Dear Community Members:
 
We are pleased to present IACRF Accomplishments for 2015- 2016 here for your perusal.
 
Financial Accomplishments:

1.    IACRF raised a total Income of $435,648.00 through BEMA operations in 2015. We had total expenses including Occupancy, Operations, Special Events and Payroll of about $286,504.00. We raised net funds totaling $149,144.00 in 2015 from Ekta Mandir operations, with great support from community.

2.    In addition we raised net funds of $40,444 after expenses through the Community Center events and GOLF tournament in 2015.

3.    Total funds raised from Temple, Golf and Non Temple activities added to $189,588.00. We are proud of every one who chaired the events and supported the team in making IACRF programs successful for the community.

4.    From the total funds raised, we paid towards mortgage an amount of $36,562.00 and also returned personal loan of $10,500.00. We also paid about $44,500 towards interest on bank & personal loans. In total we paid about $91,561.00 to service the loan.

5.    After servicing the loan we had total Net Funds Raised in our hands for 2015 of $98,027.00. An excellent job by the 2015-2016 IACRF Board of Directors and Trustees and the Community!

6.    Since we want to reduce the loan as much as possible we also paid additional $96,000.00 to the Bank to further reduce the loan and increase the equity.

7.    With all of the above great work we reduced the Mortgage loan by $132,568 and Personal Loan by $10500 during 2015. Current Loan as of December 2015 with WF is $851,973 and Personal Loan is $106,738 leaving IACRF with a Total Loan $958,711.00 versus the Total Assets of about Seven Million US Dollars. 
(Audited reports will be available soon)
 
Couple of major accomplishments 
we want to highlight from 2015-2016 are:
 
1. Strategic Plan Completed with inputs from BOD and BOT. We now have a master plan for the Community Center, Ekta Mandir and the North Side land!

2. All Major Programs including Bhagavat Katha, Balaji Kalyan, Janmashtami, Sravan Maas, Ganesh Chaturthi, Navratri/Dussehra, Diwali, Charity Walk, Kite Festival, India Festival, Maha Shivratri, Golf Tournament and Rama Navami were highly successful.  Programs were enhanced & marketed to attract the community to the Foundation activities.

3. Special programs such as Visa Camp, Hasya Hungama, International Yoga Day, Music Concerts by Ramesh Narayan Ji, Jaydeep Swadia and others, Tribute to President Abdul Kalam, India Independence Day, Clay Ganesh making by Kids, visit by All Saints' Episcopal Day School students and teachers were well attended and supported by the community.

4. Served more than 3000 meals to homeless at St Vincent de Paul shelter in Phoenix. Thanks to Mohan Patel & Jalaram Bhajan group.

5. Raised $16000 for NPFY Charity thru 12th Annual Mahatma Gandhi Charity Walk. 170 attended.

6. Raised and donated $15000 towards Nepal Earthquake relief.

7. Supported Tamil Sangam, AZINDIA & Community for Chennai Flood Relief Fundraising efforts

8. Community Center provided FREE two days a year to 7 Sister Organizations as part of Community Liaison program.

9. Yoga, Arts, Music and Dance Classes and Seniors Group Management Functioning well
 
We thank Board of Directors, Board of Trustees, Life Members, IACRF Staff and the Community members for making 2015-2016 an outstanding and highly successful year. 

We extend warm Welcome to new President Subhash Thathi and Board of Directors and Board of Trustees who will serve 
to make 2016-2017 a great year! 
 
Sincerely,
 
Jagdish Sagar - Chairman,  Mina Patel - President 2015-2016 
Indo-American Foundation of Arizona