Closure and Legacy Framework by LearnCollab

Chad Tew of LearnCollab created this framework to help independent school trustees and leadership understand what their options may be when the school faces significant financial headwinds. 

This guide is designed to help leaders:

• Recognize when contingency planning should begin.
• Explore alternatives to closure while preserving mission-centered options.
• Create a confidential board work group before a crisis forces rushed decisions.
• Protect students, employees, records, donors, creditors and institutional legacy.
• Move from fear and avoidance toward disciplined stewardship.

Sections cover: warning signs, alternatives, governance, task force, communications, people, assets and records, and legacy. 

Use this framework as a planning map, not as legal advice. Schools should consult qualified legal, accounting, accreditation, employment, tax, real estate, insurance, and communications professionals before acting.