Living School
Minutes
Living School Finance & Development Committee
Date and Time
Tuesday April 25, 2023 at 6:00 PM
Location
Living School, 6003 Bullard Ave., Ste. 16, New Orleans, LA 70128
All are welcome at Living School Board Meetings. Translation is available with 24 hours notice. Public comment is welcome on any item on the agenda. Members of the public wishing to comment, may raise their hand and be recognized by the Board Chair to speak for up to 2 minutes per person, per agenda item. On any matter up for a vote, public comment must be heard prior to taking the Board's vote. For members of the public wishing to address the Board for longer than 2 minutes on any given agenda item, please give the Board Chair at least 24 hours notice to be added to the agenda.
Committee Members Present
K. Mutepfa, M. Davis, R. Ashmore, S. Pasternak, S. Porges, T. Simon
Committee Members Absent
B. Holmes-Nick
Guests Present
A. Winzy, M. Dunn
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
T. Simon called a meeting of the Finance & Development Committee Committee of Living School to order on Tuesday Apr 25, 2023 at 6:07 PM.
C.
Approve today's agenda
M. Davis made a motion to approve the minutes from.
R. Ashmore seconded the motion.
The committee VOTED unanimously to approve the motion.
D.
Approve Minutes
M. Davis made a motion to approve the minutes from Living School Finance & Development Committee on 03-28-23.
R. Ashmore seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance & Development Committee
A.
Review FY23 Committee Description & Goals
- T. Simon referred members to the Committee Goals listed on the Agenda and to the link to the Committee Description also included on the Agenda.
B.
Review Financial Documents
- M. Dunn provided an overview of the YTD financials through March 2023. M. Dunn noted that the financials includes a partial estimate of the year-end true-up funds the school is expected to receive.
- M. Dunn reported that a 5-year school projection is currently in progress and the effort to produce the plan.
- S. Pasternak reported that the first draft of the 2023-2024 will be available for review in May 2023 in preparation for a Board vote on the budget in June 2023.
C.
Development Updates
- S. Pasternak provided an overview of the fundraising efforts summarized in the Board Report and noted that for the upcoming GiveNOLA Day, Board Members are asked to contribute and solicit donations from 5 other contributors.
- S. Pasternak reported that the school will be extending the lease for the current space for another 2 years while leadership team uses the time to determine its 10-year facility needs and develop plans accordingly.
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,
T. Simon