It's a prepared 3-4 minute presentation of an anecdote: a short funny story. To make it you should chose a good joke or a set of short jokes (coarse and dirty jokes are prohibited!) and present them in a bright, emotional and funny way. Your aim is to entertain the audience, so play on your voice, gestures and facial expression to make your fellow-members laugh heartily. If a joke contains some difficult words, which, in your mind, may prevent the listeners from understanding it, you may explain them briefly at the beginning of your presentation.
Clubs: