Rooted School - Washington
Minutes
Finance / Fund Development Committee
Date and Time
Monday October 21, 2024 at 4:30 PM
Location
Rooted School Vancouver
10401 NE Fourth Plain Blvd
Suite 201
Committee Members Present
A. Mason (remote), M. Paolini (remote), S. Carney, T. Foster (remote)
Committee Members Absent
T. Knox
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
II. Finance / Fund Development
A.
RSV Finance Update
B.
Enrollment and Long Term Fiscal Plan
Steven Carney reported on the current enrollment status and its impact on fiscal planning. He presented a long-term financial outlook, focusing on sustainable growth strategies and the fiscal implications of fluctuating enrollment. The discussion included considerations for forecasting future enrollment trends and their alignment with financial planning to ensure stability and growth.
C.
Partnership with Fundraising Vendor
Adrienne Mason introduced potential fundraising partnerships to bolster financial support for the school. She outlined the evaluation criteria for vendor selection and discussed preliminary interactions with potential partners. The committee reviewed the expected outcomes of such a partnership and how it would align with the school's mission and financial goals.
Matt Paolini provided a financial update on the school’s budget status, revenue, and expenditure tracking for the fiscal year. Discussions highlighted key funding streams, budget allocations, and current financial health. Questions from board members focused on projected end-of-year balances and adjustments needed based on recent spending trends.