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State Charter Schools Foundation of Georgia

SCSF Monthly Executive Committee Meeting

Published on October 14, 2022 at 5:18 PM EDT
Amended on October 18, 2022 at 8:38 AM EDT

Date and Time

Tuesday October 18, 2022 at 12:00 PM EDT

Location

virtual

Agenda

Section Number Topic Number Details Purpose Presenter Time
I. Opening Items 12:00 PM
  A. Record Attendance   Fadzai Konteh 1 m
  B. Call the Meeting to Order   Adria Welcher
  C. Approve Minutes Approve Minutes Adria Welcher 1 m
   

Approve minutes from August 2022 Executive Committee Meeting. 

  
II. Financial Report 12:02 PM
  A. Presentation of September 2022 Financial Reports FYI Joanne Louis 5 m
  B. Financial Outlook Discuss Joanne Louis 5 m
   

Advance payments for the GEER II grant have been received, giving us a cash balance of about $1.2 million, positioning us to make grant awards and pay contracts. The first new school leader stipends have been issued to participants as grants to their schools.

 

We are awaiting guidance on budget revisions for the Charter Schools Program (CSP) grant, which is an award of $38,295,000 over five years. Information on requesting and drawing down funds is forthcoming.

 

Two grant proposals have been submitted for state charter school program activities. More general funds are needed. 

  
III. Governance 12:12 PM
  A. Update on Foundation Contract with SCSC Discuss Michele Neely & Adria Welcher 15 m
   

The contract has been signed with the SCSC, and we are awaiting the first payment. As a part of the process of contracting with a state agency, the SCSF has acquired General Liability Insurance, an E-Verify account, and a private registered agent (Harbor Compliance). 

 

Due to issues with mail service in the building, we are planning on acquiring a PO box for all mail. 

  
  B. Discuss Strategic Planning Discuss Adria Welcher 5 m
   

The committee will discuss next steps regarding stakeholder feedback process. 

  
  C. Commissioner Appointee Discuss Adria Welcher 5 m
   

A new commissioner will be appointed to serve on the SCSF board and Executive Committee.

  
IV. Programs & Initiatives 12:37 PM
  A. Georgia Strategic Charter School Growth Initiative Discuss Michele Neely 10 m
   

SCSF has been awarded a $38,295,000 CSP grant. 

 

We will discuss the current state of the initiative, including administrative tasks, partnerships, and timelines.

 

 

  
  B. Other Programs and Initiatives Discuss Michele Neely 5 m
V. Closing Items 12:52 PM
  A. Adjourn Meeting FYI Adria Welcher