Final

State Charter Schools Foundation of Georgia

SCSF Executive Committee Meeting

Published on September 18, 2023 at 6:48 PM EDT

Date and Time

Tuesday September 19, 2023 at 12:00 PM EDT

Location

https://us06web.zoom.us/j/88223521001

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 1 m
  C. Approve Minutes Approve Minutes Adria Welcher 2 m
   

Approve minutes for SCSF Monthly Executive Committee Meeting on August 15, 2023.

  
    Approve minutes for SCSF Executive Committee Meeting on August 15, 2023  
  D. Approve Minutes - Called Meeting Approve Minutes Adria Welcher 2 m
   

Approve the minutes from the Called Executive Committee Meeting on September 13, 2023.

  
    Approve minutes for SCSF Executive Committee Meeting (Called) on September 13, 2023  
II. Financial Reports 12:06 PM
  A. Presentation of Financial Reports FYI Joanne Louis 5 m
   

August 2023 marks the highest volume of financial activity in the history of the SCSF, with more than $1.2 million in expenditures. 

  • The SCSF made payments to GEER II subgrantees based on their documented requests.
  • The remainder of GEER II funds were disbursed to the SCSF in September, and we are on track to expend all funds.
  • The SCSF received $30,000 as a part of the contract with the SCSC for operational support.
  • The SCSF began CSP activities and requested funds needed through the end of the federal fiscal year.
  • Adjustments were made to the July 2023 report based on the FY2023 audit.
  • No financial findings in the SCSF's first audit.
  
III. Action Items 12:11 PM
  A. Approve GEER II Subgrants Vote Adria Welcher 10 m
   

The Georgia Strategic Charter School Growth Initiative partners (SCSF, SCSC, GCSA) recommend awarding GEER II Start-up Subgrant Supplements as follows:

  • Amana Academy West Atlanta - $4,200 for moving expenses not already reimbursed
  • The Anchor School - $4,200 for wifi network
  • DeKalb Brilliance - $4,200 for student computers
  • PEACE Academy - $4,200 for reading curriculum
  • Sankofa Montessori - $4,211.75 for signage, addition expense for fencing, classroom supplies

Background: All schools were awarded GEER II Start-up Subgrants to assist with their opening activities. Start-up Subgrantees that have expended at least 80% of funds by last Wednesday and were not fully funded for their original request were invited to apply for a subgrant supplemental award of up to $7,000, based on fund availabilitiy. Each applicant presented a budget and a plan to expend all funds fully by September 30, 2023. The SCSF has $21,011.75 available for supplemental subgrant awards.

 

Note: The SCSF's request for a GEER II budget amendment was approved by OPB to allow for additional funds to be used for subgrants.

  
IV. President's Report 12:21 PM
  A. Update from the President & CEO FYI Michele Neely 5 m
   
  • Close out of GEER II grant: subgrants, op-eds, advertisements, community events, reporting
  • Events in Athens, Augusta
  • Commencement of CSP activities and Replication and Expansion Cohort Program: Chattahoochee Hills Charter School, International Charter Academy of Georgia, Liberty Classical Schools, and Spring Creek Charter Academy
  • Commencement of New School Leader Fellowship Program
  • Book Wagon and Book Vending Machine (Genesis Innovation Academy, Baconton Community Charter School)
  • Finishing up audit and single audit
  • Implementing WizeHive for new grant portal
  
V. Closing Items 12:26 PM
  A. Adjourn Meeting FYI Adria Welcher