Head Of The Charles Regatta 2016 HOCR Program | Page 31

the novice single. The following year, he became its first treasurer. “In those days if you wanted to join CBC you were shanghaied into volunteering with the head. If you had a skill that the regatta needed, you were a shoe-in for membership at CBC. Ed was a CPA and the regatta need a treasurer—It was a perfect fit!” said Steve Carr, a longtime friend of Smith’s and former HOCR trustee. Little did this young graduate know that this first role as treasurer would guide him through his volunteer career at HOCR. Smith has done it all from designing the tee shirts (even though according to Carr, “He is not and never will be a graphic designer!”), selling the programs and posters, hauling huge garbage bags of cash to the bank the morning after the regatta, and serving in many managerial roles. When the Regatta faced financial burdens requiring them to sink-or-swim, so to speak, he led the directors in instrumental decisions to have licensed merchandise, recruit sponsorship, and most notably to bring on a full-time staff. “Ed loves a challenge, and he loves growing an organization,” said Carr. “I think initially it was a challenge to get the regatta accounting in order, and then to make the regatta break even. Later it became a challenge to manage (MDC, now known as the Department of Conservation and Recreation – or DCR) bills grew exponentially to cover the costs of clean up and security, and without any sponsorship, the Regatta He cared for the Regatta for so many years not just because he could crunch the numbers, but because he loves racing, rowing, and simply being on the water. costs, insure long term viability, deal with government agencies, and find the right person to oversee the future growth of the regatta.” While they had faced some roadblocks in the past, Smith and his fellow Trustees were suddenly faced with a mountain of a challenge as the regatta grew wildly with competitors and spectators in the late 1980’s. The Massachusetts Department of Conservation relied on entry fees and state funding to cover the skyrocketing costs. The MDC recommended that the Regatta find sponsorship – something they had been resisting for many years – or move the event to summer or winter, when athletes and spectators would be minimal. It became evident that state funding would not continue and entry fees would no longer cover costs; the Regatta had to explore new forms of financing 6 1 7. 5 7 6 . 1 1 1 1 PIZZA (FOR HUMANS) At Cambridge, 1. we craft authentic thin crust, charcoal-grilled pizzas along with soups, salads and pasta for those seeking a comfortable place to eat, drink and relax in the heart of Harvard Square. 2 7 C H U R C H S T R E E T, H A R VA R D S Q U A R E MASSACHUSETTS DEPARTMENT OF CONSERVATION AND RECREATION W W W. C A M B R I D G E 1 . U S FIFTY-SECOND HEAD OF THE CHARLES REGATTA 31