The committee reviewed the November financials with Prestige and noted the following:

• The income statement showed revenue slightly above target, with federal revenue lagging. Expenses were generally on or under budget, except for contracted services and technology, which were over budget due to disputes with vendors.
• Committee chair Ivan inquired about web-based subscriptions, and Prestige explained that most of the overage was due to covered expenses like iReady, Curriculum Associates, and GoGuardian, which would be reimbursed through Title I grants.

• The committee discussed setting up a restricted fund for scholarship contributions, with Board chair Veronica explaining that a donor wants to make a large contribution by month-end and have the funds grow over time while remaining reserved for scholarships. 
• The committee also reviewed fundraising efforts, including Giving Tuesday results and the need to capitalize on end-of-year generosity. Ivan encouraged committee members to reach out to potential donors and reminded them of their yearly contribution requirement. Veronica mentioned an open application for the Building Hope grant, which board member Sandra would lead with further collaboration. The conversation ended with a brief discussion about the February donor reception.
• The committee also discussed plans for a donor appreciation event at the upcoming showcase, deciding to offer complimentary VIP seating and small gifts rather than a paid reception due to budget constraints. They agreed to invite approximately 50 past donors, including those from the previous year's gala, and to explore fundraising opportunities during the showcase through methods like QR codes and student testimonials. 

No updates noted. 

No updates noted.