There's fundraising potential in millennial alumni, parents and other members of independent school communities. The trick is reaching them — which requires "becom[ing] part of their digital landscape," according to Todd
Rapid changes in technology require teachers to know not only how to use the tools that are available now, but also to be able to see the untapped potential of new technologies. At Saint Leo University in Florida, a gra
Accounting
Human Resources
Even as they've been automated more functions, many accounting and finance teams report being understaffed, according to a study called Benchmarking the Accounting & Finance Function 2017. Two factors for the trend i
Employment
Risk Management
Most independent schools voluntarily subject job applicants to background checks, but proposed legislation in Connecticut would require it, holding private schools to the same regulations that took effect last July 1 for
Employment
Human Resources
So much for job-hopping. College-educated millennial employees — those born between 1981 and 1998 — are more likely to stick with their employers than members of Generation X were at the same age. According to data from
Chances continue to dim for new overtime rules that would make more workers eligible for overtime. In the latest blow to regulations released by the Obama administration last May, and then blocked in November, the Depart
As independent schools reconfigure their libraries to support more digital materials and learning habits, some college libraries are nearly doing away with books altogether. At the University of California Berkeley, two
Despite declines in some areas, the U.S. teaching workforce grew 46 percent between the school years ending 1988 and 2012, according to a significant new study based on data from the Schools and Staffing Survey. Growth a
Accounting
Cash Management
Finance executives want to improve their processes for monthly reporting, budget and forecasting, and cash flow management, but barely half of them budgeted funding for new accounting, finance or reporting software in 20
CFOs looking for credible, independent financial information may want to reconsider some of what they've read on top-rated financial news sites. The Securities and Exchange Commission has announced that sites including F
Leadership
Risk Management
The release last week of a 50-page report documenting decades of sexual abuse at a Connecticut boarding school underscores a profound shift in how independent schools are handling such allegations. Whereas incidents in t
Whether due to driver error, mechanical failure or poor weather, many accidents involving school buses can be prevented or managed if schools and operators follow proactive risk management procedures, including having ad
A major study of faculty compensation in U.S. colleges and universities finds gender-based pay disparities at all faculty ranks. In "Visualizing Change," released April 11, the American Association of University Professo
Governance
Risk Management
Could a new perfect storm of dangerous financial trends await some independent schools and many other nonprofit organizations? In this editorial, Nonprofit Quarterly Editor in Chief Ruth McCambridge cautions nonprofit ar
Risk Management
Technology
Second only to equipment failure, data breaches and cyber attacks have become leading organizational threats, according to a recent study of senior financial executives. Nearly 60 percent said their organizations had bee
A quarter of all American employees have taken time off work to care for a family member, and another quarter who haven't yet done so say they are likely to take such leave in the future. More employees have taken leave
CFOs might not think to track data of intangible assets like customer experience, but such assets are essential to growing business. Financial leaders can work with HR professionals to develop key performance indicators
It's not too early to prepare for potential changes in school choice policies and voucher programs, which promise to be a top priority to Education Secretary Betsy DeVos. Schools should consider formi
Endowment returns and overall giving disappointed last year, but colleges and universities saw a surge in eight- and nine-figure donations. From January through December of 2016, donors made 194 gifts of $10 mi
