The Anchor School

Minutes

Executive Committee Finance Meeting

Finance Meeting

Date and Time

Thursday March 7, 2024 at 6:00 PM

Location

https://us02web.zoom.us/j/81059304285?pwd=WnBJbU01Y0dDOUdYNzdFM25FOHNjQT09

Meeting ID: 810 5930 4285
Passcode: TAS

Committee Members Present

D. Gregory (remote), D. Grissom (remote), J. Anfield-El (remote), J. Whittington (remote), L. Stephens (remote), V. Thompson (remote)

Committee Members Absent

N. LeBlanc

Guests Present

J. Pinto Taylor (remote), Peter Laub (remote)

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

D. Gregory called a meeting of the Executive Committee of The Anchor School to order on Thursday Mar 7, 2024 at 6:04 PM.

C.

Approve Meeting Minutes

II. Governance

A.

Financial Governance

Peter Laub clarified the services provided by EdTec and how the organization supports The Anchor School.   The following topics were discussed:

  • EdTec "Fractional CFO" responsibilities
  • Financial reporting
  • Loan financing
  • Budgeting process and timeline
  • Board Treasurer and Finance Committee roles and responsibilities

Board member questions and concerns were addressed. 

B.

CFO & Executive Committee Cadence

The executive committee discussed the need for more frequent finance meetings, and increased engagement from the EdTec Fractional CFO.  A meeting cadence will be determined. 

III. Closing Items

A.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:00 PM.

Respectfully Submitted,
D. Gregory