Frank Klaene Memorial Fund

Inspired by the passing of Past President Frank Klaene, The Frank Klaene Memorial Fund has been established for the purpose of posthumously recognizing the volunteer working members of NIBA. NIBA is a giving organization, and this is a way of giving back to the community.

At the Board of Directors Meeting on Sunday, September 17, 2016, the Board passed a motion to establish the fund. An anonymous donation of $5,000 and a matching pledge by the NIBA Board of Directors serves as the founding contribution and the account is added to by gifts from friends and other members of the Association. NIBA recognizes the role that professional associations play in the development of member’s careers and lifetime work. The Memorial Fund presents a unique opportunity to recognize industry leaders and contributors who had an impact on others.

Process
At the time of passing, a member company or colleague should notify NIBA of the death by completing an online form or emailing the Executive Director.

For NIBA Volunteer: After NIBA receives the entry, staff will connect with the family to identify a charitable organization where the memorial contribution will be made. The amount of the memorial contribution will be determined by the role the member had while engaged in NIBA volunteer work:

  • Past Presidents: $2,500.00
  • Board of Directors: $1,500.00
  • Committee Members: $750.00
  • Honorary Members: Incremental $500.00

For an Employee of a NIBA member company: At the time of passing, a member company or colleague should notify NIBA of the death by completing an online form or emailing the Executive Director. The passing of employees of a member company will be recognized on an annual basis during the opening business session of the annual convention. In order to properly recognize each individual, a running list will be generated for viewing during the session with commemorative remarks. It’s the responsibility of the member company to notify the NIBA Executive Director of the death.

ONLINE FORM


Recognition
At the annual convention, NIBA will deliver a presentation to recognize volunteers and employees. Volunteer leaders will each be presented on a separate slide, with the final slide including all NIBA member company employees. Past-Presidents play a vital role in providing background information for members and recognizing members for their past contributions. Notification to NIBA membership of the passing of a current or former NIBA volunteer will also after the member company notifies the NIBA Executive Director of the death, and the benefactor is identified.

Funding
Funds will be generated through various fundraising activities and the principal shall be maintained at a level sufficient to accomplish the fund's stated purpose. Special recognition shall be given to benefactors and contributors:

  • Contributors of $500, or more, shall be listed the program of the Annual Meeting and the Transactions.
  • Special Memorials to a designated individual may be established by contributions of $1,000. These gifts shall be listed separately in the program of the Annual Meeting and the Transactions.

Impact
The fund will be evaluated in terms of the effectiveness of the process, real contributions to meaningful causes, and overall satisfaction from family members. The Executive Director and staff will actively manage data collection and track funding campaigns and recipients through surveys and personal interactions.      

              

ACCEPTING DONATIONS HERE - Thank you for your contributions.