Results from a recent survey reveal best practices for enhancing financial governance and strategies for sustained intergenerational equity.
4 min read
Business Intelligence
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Budget
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Extended Day
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Summer Camp
Auxiliary programs brought in higher revenues late pandemic (2021–22) than they did pre-pandemic, and with lower expenses.
4 min read
Feature
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Accounting
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Audit
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Legal
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Technology
AI has never been more accessible, and it will impact every corner of the independent school business office.
13 min read
Silva's skilled financial management resulted in substantial tuition revenue increases backed by a long-term financial model, ensuring his school’s long-term sustainability.
2 min read
Orenstein's dedicated approach to school finances extends to his work with the broader business officer community.
2 min read
McCabe's financial skills resulted in successful debt refinancing, reduced interest rates and enhanced financial stability.
2 min read
Strategies
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Boards and Trustees
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Budget
This one-pager provides trustees with the information they need to spend their time together on strategy.
5 min read
The answer to some trustee questions should always be “Yes” — including, “Does the school have long-term financial projections?”
4 min read
Strategies
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Budget
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Environmental Sustainability
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Facilities
Seven independent schools and an arts education center came together to create a hydroelectric power consortium. Annual savings per school are in the tens of thousands.
7 min read
School leaders are finding constructive ways to pursue capital projects despite higher materials costs, supply chain disruptions and rising interest rates.
7 min read
Tips on explaining to the board how the Statement of Activities relates to the operating statement, and on improving the audit note about the flow of Temporary Restricted Net Assets.
5 min read
A deep dive into independent school endowments trends FY2005-FY2022, including analysis of asset allocation, performance, spending and contributions, plus a perspective on future developments.
13 min read
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
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