Effective Financial Governance for Independent School Trustees

Boards of trustees and their finance committees can better fulfill their stewardship and fiduciary responsibilities with an enhanced understanding of the financial model and related drivers of K-12 nonprofit independent schools. This book provides board members with essential knowledge of key concepts and strategic considerations as well as the questions they should ask school administration. It also addresses how school leadership — the business officer, head of school and other administrators — can work effectively with the board on financial matters, respond to trustee needs and communicate in a relevant, concise and actionable way with the goal of driving consequential discussions.

Chapters

  1. How To Use This Book
    SECTION 1: SCHOOLWIDE TOPICS
  2. Operational Drivers of School Finances
  3. Financial Health and Performance
  4. Resource Allocation
  5. Liquidity
  6. Budgets
  7. Net Assets
    SECTION 2: SPECIFIC ACTIVITIES
  8. Tuition and Financial Aid
  9. Contributions and Fundraising
  10. Auxiliary Services
  11. Personnel Costs
  12. Plant Assets and Operations
  13. Debt Management
  14. Endowment Funds and UPMIFA
    EXAMPLE OF A SPECIAL PROGRAM: ATHLETICS GLOSSARY

Additional Materials

  • Online eBook version included with print purchase
  • Links to related NBOA Resources

Peek Inside

Download a partial chapter

Financial-Governance

With generous support from IMA/Bolton

IMA/Bolton

Authors

Phil-Tahey

Phil Tahey

Independent Consultant

Ron-Salluzzo

Ron Salluzzo

Attain, LLC

Order Now Members log in here for member access.
MemberNonmember

Print + eBook

$95$145

Bulk orders of 5 or more print copies will be discounted 25%. With bulk print orders, the person ordering will receive 1 eBook log-in. So for example, if a school orders 10 print copies, they will receive 10 print books and 1 eBook log-in.

Free shipping for the printed book within the contiguous U.S. (FedEx ground). Alaska, Hawaii and international mailings are priced separately. Where required by law, sales tax will be assessed unless buyer provides proof of tax-exempt status.

Online eBooks may be read on any internet-enabled device through your eLibrary on nboa.directfrompublisher.com. Offline access is available. You may print up to 20% of your online eBook.

All sales are final.