Mission Preparatory

Minutes

General Board Meeting

All meetings are in-person

Date and Time

Thursday October 26, 2023 at 5:00 PM

Location

Abraham Joshua Learning Commons

1050 York St

San Francisco, CA 94110

As per Brown Act TMPS meets in person; if a board member is not present their address is disclosed and posted publicly:  

 

Directors Present

A. Ruiz de Bustamante, C. Craig-Chardon, D. Goldberg, D. Monte (remote), J. Garcia, L. Fuentes (remote), N. Driver (remote), S. Cronin (remote)

Directors Absent

K. Gandiaga, L. Alvarado

Guests Present

C. Jerez

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

D. Goldberg called a meeting of the board of directors of Mission Preparatory to order on Thursday Oct 26, 2023 at 5:06 PM.

II. Consent Calendar

A.

Approve Meeting Minutes

J. Garcia made a motion to approve the minutes from General Board Meeting on 08-17-23.
C. Craig-Chardon seconded the motion.
The board VOTED to approve the motion.

III. Academic Data - NWEA Fall SY23

A.

Analysis of academic data NWEA Fall 2023

Overall, over half of students reading above the 40th percentile, but performance not as good as previous years. Lower grades above national norms and upper grades slightly below for ELA and math. Core cohorts of students missed foundational skills during the pandemic and gains have been slow.

IV. Finance

A.

Updates- Open new bank account

Difficulty managing and monitoring accounts across three banks- Bank of America, Chase and First Republic. Resolution to switch and consolidate accounts to Five Star Bank, a local community bank. Will start with 2 million move- benefits is increase in interest accrual upwards of 150k annually (rather than fees at current banking institutions), direct access to funding rather than traditional check system. Will retain some funds in Bank of America as a backup safety measure considering the larger banking/financial market.

A. Ruiz de Bustamante made a motion to approve switch to Five Star Bank.
N. Driver seconded the motion.
The board VOTED to approve the motion.

V. Executive Director Updates

A.

Executive Director Updates

Anti-bias grant received and being used for professional development for staff and cyber bullying and anti-blackness among students. Final interview stage for Director of Operations, community day coming up with two more events planned, new MP cafe.

VI. Closed Session

A.

Personnel matters

Team updated. No action taken.

VII. Closing Items

A.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 6:16 PM.

Respectfully Submitted,
C. Craig-Chardon