State Charter Schools Foundation of Georgia
Minutes
SCSF Monthly Executive Committee Meeting
Date and Time
Tuesday October 18, 2022 at 12:00 PM
Location
virtual
Committee Members Present
A. Welcher (remote), C. Sears (remote), F. Konteh (remote), J. Louis (remote), L. Holcomb (remote), Y. Mack (remote)
Committee Members Absent
None
Guests Present
M. Neely (remote)
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Financial Report
A.
Presentation of September 2022 Financial Reports
B.
Financial Outlook
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.
III. Governance
A.
Update on Foundation Contract with SCSC
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).
Michele & Amy looking for a PO Box due to mail delays at the Commission.
B.
Discuss Strategic Planning
Michele/Team will begin collective stakeholder feedback draft.
Yolanda & Adria volunteered to assist with the review of feedback once received.
As discussed, long term goal is to begin strategic planning effort in January 2023.
Planning effort will be two part in nature: Phase 1 - Executive Committee to convene in January 2023; Phase 2 - Exec Committee + Full Board to meet in Feb/March 2023. With the goal of finalizing plan prior to next fiscal year, July 1 2023. Exec planning session will include Mike, Board On Track
C.
Commissioner Appointee
New Commissioner and SCSC appointee for the Foundation has been identified. Additional details to be codified in the next Exec meeting, following formal approval.
IV. Programs & Initiatives
A.
Georgia Strategic Charter School Growth Initiative
SCSF has been awarded a $38,295,000 CSP grant. Details, tasks and assignments are currently in progress.
Well underway with the growth & replication cohort. School leader trip to Memphis scheduled for early November.
School leader program is also in progress, let by Tori Jackson Hines.
B.
Other Programs and Initiatives
Find a GA Charter - website excepted to be live before the next school cycle. This will be the first comprehensive CS locator in the State to date. This will be the hub for CSP grant, etc, one stop shop.
Donuts for Teachers started this week.
Book Wagon program has been wrapped up, almost 3000 books distributed at 14 Schools since the program's inception.
New intern from University of Georgia (Master of Social Work)
J. Louis reviewed September 2022 financials, including CSP grant award.
Michele, Annie Joanne will be meeting with Truist regarding updates to accounts given expended cash infusion.