Beatrice Mayes Institute
Minutes
Board Meeting
Date and Time
Wednesday August 24, 2022 at 6:30 PM
Location
Beatrice Mayes Institute
Directors Present
A. Berry, Ed.D., B. Gilbert, J. Greenberg, J. Keeton, M. Taylor, R. Caine
Directors Absent
G. Thomas
Ex Officio Members Present
C. Mayes
Non Voting Members Present
C. Mayes
Guests Present
A. Snipes, B. Foster, C. Davis, Isha Mayes, Paul King, S. Shahid, T. Watts
I. Opening Items
A.
Record Attendance and Determine Quorum Present
B.
Call the Meeting to Order
C.
Reading of the Minutes
| Roll Call | |
|---|---|
| B. Gilbert |
Aye
|
| G. Thomas |
Absent
|
| J. Greenberg |
Aye
|
| J. Keeton |
Aye
|
| M. Taylor |
Aye
|
| A. Berry, Ed.D. |
Aye
|
| R. Caine |
Aye
|
II. Academic Excellence Committee
A.
Academic Rating Discussion
III. New Facility Update
A.
Project Status
Thomas Knight was unable to attend this Board meeting. In his absence, Mr. Mayes provided an update to the board regarding the status of the construction process for the new facility.
IV. Finance
A.
Charter FIRST Rating
Medeina Taylor provided led a discussion on the Charter FIRST Rating for BMI. Ms. Taylor and the Board discussed financial management practices and accountability for improving those practices.
B.
Financials
Paul King presented updated information on the unaudited 2021-2022 Financial Reports for BMI. Mr. King also presented and led a discussion with the Board on the 2022-2023 Financial Management plan for BMI.
C.
Fund Development
Allonna Snipes provided an update on fund development. Ms. Snipes introduced Sterling and Associates as a new addition to the financial partners dedicated to helping BMI fund various projects.
Dr. Berry led the Academic Rating discussion and detailed BMI's current standing and curriculum. Dr. Berry expressed to the Board that a curriculum change would be beneficial for for BMI students. Dr. Berry and the Board talked through strategy to enhance learning and improve BMI's academic rating over the coming years.