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.
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
| 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 & Budget Amendment | 8:03 AM | |||
| A. | Final Audit/Budget amendment review & discussion | Discuss | Denise Clayton-Purvis | 10 m | |
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| IV. | Establishing an Endowment vs Restricted Fund | 8:13 AM | |||
| A. | Endowment vs Restricted Fund Pros&Cons Discussion | Discuss | Adrienne McMillon | 15 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 . We'll also discuss the feasibility of a restricted fund and outline the differences between the two |
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| V. | Excess Lawsuit Proceeds | 8:28 AM | |||
| A. | Discuss Options for Use of Funds | Discuss | Jen Parker | 15 m | |
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| VI. | 403b Status | 8:43 AM | |||
| A. | 403b discussion | Discuss | Denise Clayton-Purvis | 5 m | |
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| VII. | Review Bylaws/procurement policy discrepancies | 8:48 AM | |||
| A. | Review various discrepancies | Discuss | Denise Clayton-Purvis | 8 m | |
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Doug Erwin pointed out a few inconsistencies in the bylaws and procurement policies. The committee will review and address to ensure alignment |
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| VIII. | Closing Items | 8:56 AM | |||
| A. | Adjourn Meeting | Discuss | Stephen Ellis | 1 m | |