The GLOBE Academy

September 2026 Finance Committee Meeting

Date and Time

Monday September 21, 2026 at 8:00 AM EDT

Location

In person @ UC & Google Meet

Vision, Mission and Core Values
Vision: To develop globally minded citizens who have the knowledge, skills, and attitudes to effect positive change in our world.
Mission: The GLOBE Academy fosters Global Learning Opportunities through Balanced Education for children of all backgrounds. With a focus on dual-language immersion, an experiential-learning model, and a constructivist approach, GLOBE inspires students to be high- performing lifelong learners equipped to make a positive impact in the world.
Core Values: The GLOBE Academy’s core values are expressed in the acronym, CREST: Community, Respect, Empathy, Sustainability and Trust. These values are expected of the governing board, faculty, staff, parents, and students. They are woven into daily life at GLOBE and incorporated into the curriculum.
 Community: We are inclusive, and we nurture and support one another.
 Respect: We treat ourselves and each other with kindness and dignity.
 Empathy: We strive to understand and share the feelings of others.
 Sustainability: We aim to conserve our resources for optimal use in the present and future.
 Trust: We are committed to honesty, transparency, and respectfully sharing our thoughts and encouraging others to do the same.

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 8:00 AM
  A. Record Attendance   Stephen Ellis 1 m
  B. Call the Meeting to Order   Stephen Ellis 1 m
II. Approve Finance Committee Meeting Minutes 8:02 AM
  A. Approve Minutes from June 2026 Meeting Vote Stephen Ellis 1 m
III. Lawsuit Proceeds 8:03 AM
  A. Discuss Options for Use of Funds Discuss Christi Elliott-Earby 30 m
   

The school recently received a lawsuit settlement from DCSD. The school administration was to draft ideas about how to use the funds. The committee will discuss these ideas

 
IV. Private Business Use 8:33 AM
  A. PBU Discussion Discuss Denise Clayton-Purvis 10 m
   

Denise to present the deck she prepared concerning PBU limitations as outlined by the bond covenants

 
V. Monthly Financial Review 8:43 AM
  A. Summer 2026 Financial Review FYI Denise Clayton-Purvis 8 m
   
  • Budget to Actual Review
  • Statement of Net Position 
  • Statement of Activities
 
VI. Audit Update (if any) & 403b 8:51 AM
  A. Audit & 403b discussion Discuss Denise Clayton-Purvis 8 m
   

Has Doug Erwin begun the audit?

 

GLOBE currently does not have a retirement contribution program in place for staff members. Denise reached out to 3 providers (TIAA, fidelity and Vanguard), but only got traction with TIAA. Need to discuss progress & next steps

 
VII. Closing Items 8:59 AM
  A. Adjourn Meeting Discuss Stephen Ellis 1 m