Transcript Document

THURSDAY, FEBRUARY 13, 2014

USING DATA TO CONSTRUCT YOUR AFFORDABILITY STRATEGY

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ETIQUETTE

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MEET OUR PRESENTER

Miriam Prum Hess

Director, Center for Excellence in Jewish Education BJE: Builders of Jewish Education, Los Angeles, CA

THE CHALLENGE

• • • • In 2007 The Jim Joseph Foundation asked BJE: Builders of Jewish Education, (BJE) to develop a grant proposal targeting high school middle income affordability The first task was to define Middle Income Affordability - families in need of financial assistance to send kids to a Jewish high school but who previously had not been considered for financial aid At that time, most LA school’s would not consider families earning over $150,000 for Financial Aid In defining Jewish middle income it was critical to be able to substantiate the parameters for the grant

CALIFORNIA BUDGET PROJECT

Report from the California Budget Project (CBP) “Making Ends Meet: How Much Does It Cost to Raise a Family in California” December 2013: http://www.cbp.org/pdfs/2013/131212_Making_Ends_Meet.pdf

• • • • Part of the State Fiscal Analysis Initiative (SFAI), a network in 40 states coordinated by the Center on Budget and Policy Priorities (CBPP) in Washington, DC.  SFAI: http://www.statefiscal.org/  CBPP: http://www.cbpp.org/ All of the groups look to improve fiscal, budget, and economic policy outcomes for low- and middle-income individuals, families, and communities. There is also a loosely coordinated set of groups that calls itself the Economic Analysis and Research Network (EARN), led by the Economic Policy Institute.  EARN Network: http://www.earncentral.org/about.htm

 Reports by State: http://www.earncentral.org/swx_past.htm

 Sample report for Arizona: http://www.azchildren.org/MyFiles/PDF/State%20of%20Working%20AZ%202008%20FINAL%20(Low%20R es).pdf

 Economic Policy Institute: http://www.epi.org/ All organizations work independently, but across the networks they coordinate their efforts and learning

2007 DATA

and 2 children

ADAPTING FOR JEWISH COST OF LIVING

• • • • • • • • Discussion with schools (lay and professional leadership) re: Jewish values that would increase costs Living in a Jewish neighborhood Synagogue membership Jewish day or residential camp/Teen Israel trip College savings Retirement plan Tzedakah Compared data with financial aid sampling from the 5 schools to veri fy

and 2 children

Initial LA analysis 2007: Compared data with sampling from the 5 schools to verify accuracy

2013

COMMUNITY COMPARISON

LOS ANGELES VS. CHICAGO

WWW.LAHIGHSCHOOLAFFORDABILITY.ORG

HTTP://WWW.SUSTAININGDAYSCHOOLS.ORG/BUILDING-THE-MODEL/LA-HIGH-SCHOOL AFFORDABILITY-INITIATIVE-MODEL-AND-DESCRIPTION/MODEL-COMPONENTS/SCAFFOLDING FOR-IMPLEMENTATION/

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RESOURCES

Report from the California Budget Project (CBP) “Making Ends Meet: How Much Does It Cost to Raise a Family in California” December 2013:  http://www.cbp.org/pdfs/2013/131212_Making_Ends_Meet.pdf

Calculator from CBP by county:  http://www.cbp.org/MakingEndsMeet/family-budget-results.php

Comparison 2007 to 2013:  http://www.sustainingdayschools.org/wp-content/uploads/2013/12/Cost-of Jewish-Living-Sheet1.pdf

To compare the basic costs in your city to those in Los Angeles:  http://money.cnn.com/calculator/pf/cost-of-living/  http://www.bestplaces.net/cost-of-living/  http://www.bankrate.com/calculators/savings/moving-cost-of-living-calculator.aspx

BJE LA websites:  Tuition calculator: http://www.bjela.org/hsgrant/  LAHSAI Beta test: www.LAHighSchoolAffordability.org

THANK YOU TO OUR GUEST!

Miriam Prum Hess

Director, Center for Excellence in Jewish Education BJE: Builders of Jewish Education, Los Angeles, CA

[email protected]

NEXT STEPS: CONTINUING THE CONVERSATION

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NEXT STEPS: UPCOMING CALLS

Branding Your School for Distinctiveness and Success A joint webinar with the Admission CoP

Thursday, March 20, 2014, 1 pm EST Laura Sheridan President, Viva La Brand

Financial Aid in a Sustainability Model

Thursday, April 10, 1 pm EST Mark Mitchell Vice President, School and Student Services (SSS By NAIS) National Association of Independent Schools

Please RSVP for all webinars by emailing Charles Cohen at [email protected]

Thanks!