1 / 13

Maximizing Resources for Education: A Strategic Investment Plan

This proposal outlines a plan to enhance scholarship and non-scholarship support, focusing on leadership development and fundraising strategies. The goal is to engage stakeholders, attract corporate partnerships, and establish a planned giving program for sustained support. The proposal seeks board authorization for a $600,000 investment in leadership development, with emphasis on creating a strong leadership pipeline. The proposed multi-year plan aims to achieve clear goals, metrics, and fundraising strategies to ensure long-term sustainability and growth.

arletter
Download Presentation

Maximizing Resources for Education: A Strategic Investment Plan

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 3-5 Year Priorities October 27, 2016

  2. Budgeted Scholarship Awards vs. Assigned Scholarship Awards • Budgeted Scholarship Awards • $7,732,384 • Assigned Scholarship Awards • $7,342,719 • Difference • 5% *Does not include Emergency Fund or Lynn Collaborative

  3. School Data FY17 • 86 Schools • 29 High Schools • 57 Elementary Schools • 3,541 Scholarship Recipients • 638 High School Students • 2,903 Elementary School Students *Does not include Emergency Fund or Lynn Collaborative

  4. School Data FY17 • Range of Scholarship Recipients • 1 to 67 High School • 4 to 541 Elementary School • Average Scholarship Recipients per School • 25 High School • 53 Elementary School *Does not include Emergency Fund

  5. School Data FY17 • Range of Scholarship Support by School • $9,417 to $250,534 High School • $3,187 to $964,434 Elementary School • Range of Student Scholarship Amount • $400 to $13,332 High School • $100 to $8,000 Elementary School • Average Award • $3,689 High School • $1,458 Elementary School *Does not include Emergency Fund

  6. Scholarship Questions to Consider • School versus student support • Size of grant awards: student and school • Creating access: impact on retention and enrollment • How to impact quality of leadership and academic program • Metrics for success

  7. Current Non-Scholarship Support

  8. Non-Scholarship Questions • What outcomes are desired from Non-Scholarship support? • How does this support core effort of access to high quality Catholic Schools? • Where can CSF lead and make an impact?

  9. Overall ICSF Numbers FY16-FY12

  10. Overall decreases/increases since 2010$25K+ Level

  11. Advancement Questions • How do we engage the Board and existing donors more in fundraising? • What is the cost of the allocations plan over the next five years and is there a plan to raise the resources necessary to achieve it? • How can CSF institutionalize corporate partnerships? • How does CSF continue to develop and cultivate new donors while actively managing concentration risk due to aging donors and relationships with Peter Lynch? • By what point should a planned giving program be established to ensure generational support?

  12. 3-5 Priorities • Maximize existing resources. • Develop a multi-year plan for scholarship and non-scholarship support with clear goals while making an immediate investment in the leadership pipeline. • Develop a comprehensive multi-year fundraising strategy to support the plan with clear Board and Corporate engagement and planned giving component that addresses identified concentration risks.

  13. Specific Proposal for Discussion • CSF Board authorize the Allocations Committee, with review and consent of the Finance Committee, to approve by December 31, 2016, up to $600,000 for use in FY18 for leadership development program in collaboration with the Catholic Schools Office and Lynch Leadership Academy. • A multi-year plan to build a leadership pipeline will be presented for a discussion and vote at the March Board meeting. Any plan must have clear metrics for evaluating impact on access and school quality.

More Related