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Dialing Back Donor Dollar Expectations

CEO Notebook | Charitable giving by individuals declined last year and may continue to do so into the future. What does the trend mean for independent schools? Jeffrey Shields, FASAE, CAE NBOA President and CEO This past fiscal year, NBOA staff content experts have focused on...


Blog Entry
Use the Calm To Weather the Storm

Risk Management | How well a school handles a crisis may depend on six factors, including board relations, dedicated committees and defined roles. Crises at independent schools occur without warning, but you can plan for how the school will work through them. “There’s a before, during and...


Blog Entry
More Inclusive Town-Gown Relationships

(from The Chronicle of Higher Education) Will members of the broader community play a growing role in your school's decision-making process? A new report from the University of Virginia's Thriving Cities Lab aims to strengthen relationships between higher-education institutions and their...


Blog Entry
Report Shows Risks of Homogeneous Boards

(from Financial Executives) Last month, the Alliance for Board Diversity and Deloitte released the " Missing Pieces Report ," a multiyear study that reviews diversity on Fortune 100 and Fortune 500 boards. Numerous data sources show the positive impact diverse boards have on a company’s...


Blog Entry
Top Transitions Opportunity for More Gender Parity

(from McKinsey & Company) A CEO’s likelihood of performing above average depends heavily on the mix of strategic and organizational decisions made during his or her first two years on the job, according to research by McKinsey . Research also shows that management reshuffles are a critical...


Blog Entry
Unsung Hero: Janet Koller, Chaminade College Preparatory

Leadership | Koller has been instrumental in transforming her school and bolstering its future viability, while lending a hand to many others. The Will J. Hancock Unsung Hero Award is given to business officers who have made extraordinary contributions to their schools and exemplify...


Blog Entry
Mission & Motivation: Dual Leadership that Works

Leadership | To combat high turnover in leadership, this school’s board installed the CFO and CAO as equal co-leaders. Eight years in, finances have stabilized, enrollment is up and the campus is expanding. Article by Marlys Schoenwetter, New Covenant Academy From the July/August...


Blog Entry
Business Intelligence: First Forays into the Composite Financial Index

Financial Management | Once the province of colleges and universities, the CFI has helped early adopters in independent schools plan for long-term stability and communicate financial priorities. Article by Mary Kay Markunas From the July/August 2018 Net Assets magazine Above image:...


Blog Entry
Best Practices for Presenting Financials

(from CFO Innovation) How to present complex financial stories to a potentially challenging audience? Tips from seasoned CFOs include developing a script that elaborates on key themes and aims for simplicity, clarity and briskness. "We try to provide highlights and meaningful color, most...


Blog Entry
A Crisis Is Coming. Is Your Board on Board?

Risk Management | Don’t let powerful board dissenters, loose-lipped gossips or simply poor preparation hijack your school’s principles or plans when so much is on the line. Article by David Wolowitz, McLane Middleton From the July/August 2018 Net Assets magazine What makes an...