When everything costs more, considered and strategic facilities spending is a must.
12 min read
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Budget
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Environmental Sustainability
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Facilities
The IRA opens the door for nonprofits to take advantage of tax credits associated with solar power.
8 min read
Mapping your school’s trial balance to the audit’s financial statements helps both you and the audit process.
3 min read
Two new research reports on critical aspects of independent school business can help your school understand its financial position and strengthen it.
4 min read
Tips on sharing how the school’s portfolio has changed since the last board meeting.
3 min read
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Endowment
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Publications
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Research
This year’s Communfund Benchmarks Study reveals the largest year-over-year reversal in average annual independent school endowment returns since the study began.
3 min read
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Cash Management
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Investments
While it’s prudent to have some liquid resources on hand, your school can be earning money at the same time through a variety of strategies.
7 min read
These two schedules go hand in hand – each supports the other.
4 min read
Feature
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Boards and Trustees
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Budget
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Leadership
The financial sustainability heat map has helped schools in areas from board communication to strategic planning. Here are four school’s stories.
16 min read
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Budget
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Leadership
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Planning
A balanced budget is nice, but it is not enough.
4 min read
You can sharpen finance committee discussion using sensitivity analysis and improve your presentation to the board of trustees with a waterfall chart.
5 min read
Resist letting fears of escalating inflation hijack your tuition-setting and budget-setting conversations this school year.
6 min read
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Budget
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Forms
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Planning
Distributing a budget request form in the fall will build good will across the school and give you a comprehensive view of school needs and wants.
4 min read
While the calculation requires collaboration, the results can help schools achieve their goals more efficiently.
5 min read
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Budget
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Financing
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Investments
To react quickly and appropriately to new market conditions, independent schools should understand inflation trends and prepare for potential outcomes.
5 min read
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Accounting
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Financing
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Procedures
These financial reporting strategies can help business officers and their finance teams focus on value-added initiatives and strategic work to to improve their school's governance and control.
4 min read
To help combat adolescent stress and to give both students and staff a breather, schools are investing in school wellness centers that emphasize connectedness.
7 min read
When presented with purpose, financial data can make all the difference in preparing your school for the road ahead.
4 min read
Other Duties As Assigned
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Accounting
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Leadership
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Membership
This business officer represents independent schools on the FASB Not-for-Profit Advisory Committee.
4 min read
Strategies
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Investments
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Policy
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Risk Management
Accepting cryptocurrency is relatively straightforward, but holding it requires careful consideration.
3 min read
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