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Island School

Town Hall

January 18, 2024

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Kathy Richardson �President, Board of Directors

Parent, Class of ’99 & ’04

Agenda

  • Nancy Nagramada: Program
  • Jed Gushman: Development
      • Kathy Richardson: Auction
  • Sam Pratt: Finance
  • Q&A

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Nancy Nagramada�Head of School

Parent, Class of ’29

  • Time Reimagine + Daily Schedule
  • Learning Voyage Week
  • Accreditation
  • Admissions Update

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Time Reimagine + Daily Schedule

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Learning Voyage Week for Grades 6-12

Interdisciplinary and Immersive Learning Year Round

Nā Pua Keiki - Grades 5

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Grades 6-12 - February 20-23

6th - ‘Āina (earth): physical science

7th - Wai (water): life science

8th - Ahi (fire): earth and space science

9th - Foundations of Voyaging - We are Voyagers.

10th - Focus on Semester Study of Hawaiian history

11th & 12th - Individualized/Small Group Experiences

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Accreditation

Visit: Winter 2025

  • Institutional Core Values, Purpose, and Aspirations
  • Teaching and Learning
  • Financial Stability
  • Operations
  • Institutional Stewardship & Leadership
  • Institutional Improvement & Sustainability

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Admissions Update

  • Re-enrollment begins end of January
    • Deposits due 2/15
  • Goal: 504 Students total for 2024-25
    • Additional students in Nā Pua Keiki & High School
  • Nā Pua Keiki Open House - Saturday, 1/20, 10am
  • Financial Aid Application complete ASAP
    • 2022 Documents OK, 2023 needed to finalize
  • New Applications due ASAP

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Jed Gushman�Assistant Treasurer, Board of Directors

Chair of Development Committee

Parent, Class of ’33 & ’35

  • Relationship of Tuition, Fundraising, and Expenses
  • Annual Fund update
  • Role of Endowment

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Relationship of Fundraising, Tuition and Expenses

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Annual Voyager Fund

At 86% of our goal of $175,000, and we hope to reach our stretch goal of $200,000.

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Role of Endowment

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Principal grows - corpus preserved - interest is revenue.

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Kathy Richardson

Auction Co-Chair

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  • March 2, 2024
  • Tickets and tables available now
  • Volunteers needed
  • In-kind gifts
  • Fundraising goal

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Sam Pratt�Treasurer, Board of Directors

Chair of Finance Committee

Parent, Class of ’20 & ’23

  • Overall Financial Health
  • 2022-2023 Operating Revenue
  • 2024 Enrollment
  • 2024 Budget Changes

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2022-2023 Financials

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2022-2023 Financials

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Goals for our 2024 Budget Changes

  • Address the compensation gap for faculty and staff
  • Sustain and grow program as needed, including additional staffing
  • Address deferred maintenance

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How do we meet our goals to sustain and grow our program?

  • Fundraising

5% increase

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  • Tuition 6% increase, 504 students

K-12 = $19,880

PK = $12,670

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What do those increases make possible:

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  • 6% increase in financial aid line to support accessibility

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  • 10% increase to compensation and benefits line

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Questions?

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Reach out with any questions:

info@ischool.org