|8:30||CONTINENTAL BREAKFAST AND REGISTRATION|
Doug Lyons, Executive Director, Connecticut Association of Independent Schools
9:30 - 10:30
MORNING KEYNOTE ADDRESS
HOW DO SCHOOLS AND BOARDS GET BETTER WHEN EVERYBODY IS SO BUSY?
David Grant, former President and CEO, Geraldine R. Dodge Foundation; founding co-Director of The Mountain School
How are Boards and
Heads of independent schools thinking about Change as they plan for the future?
Is it desirable? Inevitable? Over-rated? Insidious?
Is it more difficult to manage Change than it used to be, or is that just
our imaginations? David Grant will draw on experiences working with (and
serving on) Boards of schools, nonprofits, and foundations to suggest helpful
approaches to school leadership in the age of iPhones.
10:45 - 12:15
MORNING BREAKOUT SESSIONS (Choose One)
A.1 THE IDEAL BOARD-HEAD RELATIONSHIP
Douglas Lyons, Executive Director, Connecticut Association of Independent Schools
relationship between a board and its head of school is often identified
as the factor most critical in determining the success of a school in
meeting its goals and serving its students. An essential element in that
relationship is mutual understanding of the roles and responsibilities
of the head and board. This session will explore the factors that
contribute to an ideal Board-Head relationship.
A.2 ENDOWMENTS 101: INTRODUCTION TO ENDOWMENTS Robert R. Sedivy, Ph.D., Retired School CFO
What is an endowment? What are the types of endowments? How are they created? What is a quasi-endowment? How much of an endowment gift can be used to support a school's program? Why should my school have endowments when there are so many current needs to be met? This session will provide answers to these
and other basic questions about endowments, and review a school’s obligations
under recent laws and accounting standards.
This session is especially recommended for trustees new to the Finance Committee
of their Board, and for trustees at schools just starting to establish
|A.3 TOP TEN LEGAL RISKS FOR TRUSTEES|
William E. Hannum III, Managing Partner, Schwartz Hannum PC
This interactive session will
provide trustees with an overview of this year’s top ten legal issues facing
independent schools and trustees, including real life solutions for preventing
and resolving those claims. For
example, the session will discuss ways to prevent and respond to educational
malpractice claims, donor lawsuits, employment claims, and claims of
inappropriate conduct by school employees, students or parents. Comprehensive checklists for minimizing
legal risks will be provided to attendees.
Maura CiccarelliJennifer Settle
|A.4 DIGITAL MARKETING MADE EASY|
Ciccarelli, Marketing Strategist and Jennifer Settle, Social Media
Manager and Business Development Coordinator, Magic Hour Communications
All schools, big or small, can benefit from a digital
marketing plan that works for them and their team. Learn how your school staff
can craft an easy-to-follow plan that meets your marketing goals and works with
your available resources and team members’ strengths.
|A.5 DEVELOPMENT - WHAT EVERY TRUSTEE SHOULD KNOW AND DO|
Andy Hamlin, Assistant Headmaster for Institutional Advancement, The Hun School of Princeton
development programs and goals is an essential trustee role. This
popular and lively session, led by a 35-year
independent school development officer, will focus on the key elements
successful development program and the practical ways trustees can and
should participate in supporting institution objectives this critical
area. What must each trustee know and do to fulfill
her/his responsibility for development?
This seminar-type session is for trustees who serve on Development
committees and all others who would like to learn more about how they
and lead effectively in this area.
|A.6 WHY BAD DECISIONS HAPPEN TO GOOD PEOPLE: AN INTRODUCTION TO BEHAVIORAL FINANCE |
G. Scott Clemons, Chief Investment Strategist, Brown Brothers Harriman & Co.
Most of modern economics is predicated on the assumption that people are rational. Yet studies
in the field of behavioral psychology demonstrate repeatedly that people
actually aren't rational – they're normal, and normal people make irrational
decisions all the time. This is particularly true in the areas of economics and
finance, where decision making is hampered further by lack of complete
information and the presence of time constraints. In the context of a fiduciary
overseeing an endowment portfolio, bad decisions can have costly and
long-lasting ramifications. The bad news is that we routinely make mistakes, but the good news is that these mistakes are
generally predictable, and therefore addressable. Learn about several common
cognitive traps in decision making, illustrate how they are expressed in the
world of finance, and present ways to identify and adjust to them, thereby
improving the quality of your own decisions
A.7 UNDERSTANDING YOUR SCHOOL'S FINANCIAL STATEMENTS
John Toscano, Partner, CohnReznick, LLP
a trustee, a key fiduciary responsibility is the maintenance of the
School’s financial well-being. To do so a trustee must have a basic
understanding of the School’s
financial statements. A trustee should also be aware of the information
reported in its IRS Form 990. This session provide trustees with a
general understanding of the major components of a typical independent
school’s financial statements and highlight areas
of the Form 990 on which a trustee should focus special attention.