We Survived the Initial Crisis...Now What?: Financial Sustainability Workshop
Sarah Daignault, Linda Dennison, Marc Levinson, and Genevieve Madigan, NBOA
While financial sustainability has been a topic of interest for independent schools for a few years, the events of the past 18 months have brought a sense of urgency to the conversation. After years of tuition increases outpacing inflation, rising faculty salaries, and facilities improvements, school leaders are questioning the viability of the independent school financial model. Identifying and implementing a new, sustainable financial model will require a team effort utilizing the expertise of the head, the business officer, trustees, senior administrators, and division heads. Through the use of a case study, presentations, and small group work, this workshop will bring school teams together to review the facts (financial and demographic), identify the issues, begin to develop next steps, and discuss how to address your school’s specific challenges.
ATTENTION: Attendance at this workshop is limited to school teams (two or more participants from the same school: Business Officer, Head of School, Senior Administrators, and/or Trustees.) This workshop does not require separate registration. You will be registered automatically for the workshop if two or more people from your school are registered for Symposium on Wednesday. Prior to your arrival at Symposium, you will receive an email asking you to confirm if you plan to attend the workshop or if you prefer to attend the concurrent sessions or the resource center instead.
Learning Objective: Participants will learn strategies to help their schools navigate these difficult economic times.
Program Level: Intermediate
Estimated CPE Hours: 3.0
Field of Study: Finance
Delivery Method: Group-Live
Prerequisites: 6 or more months’ experience
Advanced Preparation: None
NBOA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.