The GLOBE Academy

October 2026 Finance Committee Meeting

Date and Time

Monday October 26, 2026 at 8:00 AM EDT

Location

UC and 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 September 2026 Meeting Vote Stephen Ellis 1 m
III. Audit & 990 Review 8:03 AM
  A. Final Audit/990 review & discussion Discuss Denise Clayton-Purvis 10 m
   

 

  • Doug Erwin should have completed the audit by the time this meeting happens. We'll discuss the results ahead of them being presented to the full Board at the next BOD meeting
  • 990 Update?
 
IV. Establishing an Endowment 8:13 AM
  A. Endowment Discussion Discuss Adrienne McMillon 10 m
   

Adrienne to provide update on the discussion of the endowment at the September BOD meeting. We'll discuss the logistics of setting up and managing this type of fund 

 
V. Excess Lawsuit Proceeds 8:23 AM
  A. Discuss Options for Use of Funds Discuss Jen Parker 15 m
   
  • We need to review Jen Parker's proposals
  • Was anything decided or voted on at the September BOD meeting?
 
VI. 403b Status 8:38 AM
  A. 403b discussion Discuss Denise Clayton-Purvis 5 m
   
  • Denise to update us on the status of 403b. What needs to be done here?
 
VII. Closing Items 8:43 AM
  A. Adjourn Meeting Discuss Stephen Ellis 1 m