Transcript Slide 1

CSF Fall High School Meeting
September 11, 2014
Agenda
• Welcome and Opening Prayer
• CSF Update
• Discussion of CSF Scholars Program
– Review of Program To-Date
– Requirements Moving Forward
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Other Grants
Partnerships
Important Dates
Advisory Committee
Red Sox Ticket Raffle
CSF snapshot
• Related entity of Archdiocese
• 24 Board members
• 7 Full time staff
• $8.39mm in budgeted grants for FY15
• $63mm endowment
• ~1500 donors
• Do not claim church status
Learn more about CSF
www.guidestar.org
CSF Mission Statement
The Catholic Schools Foundation changes lives by
providing families with demonstrated financial
need an opportunity to give their sons and
daughters a quality education, focused on
Christian values and character formation at
Catholic Schools located throughout the
Archdiocese of Boston, regardless of race, religion,
ethnicity or gender.
Operating Principles
CSF supports the concept of a strong Catholic
Schools Office (CSO) with a clear mandate,
dedicated resources and adequate authority to
rationalize and thereby strengthen the network of
schools in the Archdiocese of Boston
CSF will significantly focus its allocations in support
of this objective and will direct funds away from
schools that are not meeting the standards and
towards schools that are viable in the long-term
Why are we looking at this?
• Obligation to our mission and donors
• Need to be able to tell a story
• Impact must be measured
• Transparency leads to opportunity
• Need to be bold to attract funds
What this means
• Funding Guidelines reviewed and
updated regularly
• Funding Calendar moved up
• Application updated to help make
decisions against standards
• Opportunities for investment should
emerge
• CSF website now be more useful
General Funding Guidelines
• Minimum of 80% of CSF allocation budget should be allotted
for scholarship funds each year
• Majority of funding should be directed to students at
elementary school level
• Opportunities for internal capacity building and sustainability
outside of CSF should be sought by all grantees
• All schools should be able to demonstrate they are meeting
or working towards defined standards of excellence in
academics, finances, faith formation and governance.
• Complete guideline on CSF website
CSF Scholars Program
• Donors are asking more and more questions about the students who
receive CSF scholarships:
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Ethnicity
Religion
Family income
Academic performance
Where do they go when they graduate
• CSF must continue to answer these questions and track our students
• Must rely on data to do so
CSF Scholars Program
• Established in 2011 to convert block scholarship grants to directed
student model
• Funding was originally 30% of a student’s 9th grade tuition, currently 33%
• Intentions of program:
• to create a recruiting tool for schools: scholarship guaranteed for 4 years if maintain
passing average and good conduct;
• to allow low-income students, especially new immigrants, who otherwise would not
set foot in a Catholic high school the opportunity for a Catholic education;
• to help maintain a pipeline between Catholic elementary and secondary schools;
• to allow CSF to better track scholarship recipients
CSF Scholars Program:
Data as of Spring 2014
• $1.4 million distributed to 461 students in Classes of 2015-17
Caucasian 30%
Catholic 76%
Hispanic 28%
Other Christian
15%
AfricanAmerican 22%
Unknown 7%
Other 15%
Other NonChristian 3%
Asian 5%
Ethnicity
Religious Affiliation
CSF Scholars Program:
Data as of Spring 2014
Average School Tuition $9,461
Average CSF Grant
$2,978
Average SchoolBased Grant $2,131
Remaining Balance
$4,352
CSF Scholars Program:
Successes
• CSF is now tracking scholarship recipients year over year;
• Larger scholarships having more of an impact on tuition;
• Program has helped improve pipeline/relationship with Catholic feeders;
• Schools have control over Scholar selection
CSF Scholars Program:
Challenges
• Confusion regarding tuition increases and how affects Scholars;
• Confusion regarding academic data collection;
• Withdrawal rate of Scholars at some schools as high as 25%;
• Almost 10% of Scholars finished the 2013-14 school year with GPAs of 1.5
or lower
CSF Scholars Program:
Moving Forward
• Selection of Scholars:
• Schools are expected to use the CSF Scholar aid as a recruiting tool DURING the
admissions process, not after;
• Students should have a high level of financial need;
• Preference should be given to students coming from a school’s local Catholic feeder
schools and/or students who are Peter Lynch (PL) Scholars;
• If demographically possible, preference should be given to students from families who
are new immigrants to the US;
• Students should demonstrate high potential to contribute positively to the school
community through academics and/or leadership;
• Students should have a goal for post-secondary education
CSF Scholars Program:
Moving Forward
• Awarding of Funds:
• Scholarships offered to students in the 9th grade class will be locked in at this amount
for the duration of the student’s time at the school;
• In order to keep tuition payments predictable and affordable, we suggest schools lock
in the tuition amount at the 9th grade level;
• If a school does raise tuition and the CSF Scholar requires additional financial aid to
remain in the school, it is up to the school to provide this additional aid;
• Once a school year has begun, if a Scholar withdraws or transfers the funding for this
student is forfeited. It will not follow a Scholar to another Catholic school nor may it
be redistributed to another student.
CSF Scholars Program:
Moving Forward
• Awarding of Funds:
• Scholarships offered to students in the 9th grade class will be locked in at this amount
for the duration of the student’s time at the school;
• In order to keep tuition payments predictable and affordable, we suggest schools lock
in the tuition amount at the 9th grade level;
• If a school does raise tuition and the CSF Scholar requires additional financial aid to
remain in the school, it is up to the school to provide this additional aid;
• Once a school year has begun, if a Scholar withdraws or transfers the funding for this
student is forfeited. It will not follow a Scholar to another Catholic school nor may it
be redistributed to another student.
CSF Scholars Program:
Moving Forward
• Notification to CSF:
• Should involve tuition or business manager;
• CSF Scholars in the current classes of 2015-18 must be recorded in
FACTS Grant & Aid by SEPTEMBER 30;
• Scholars should be designated as CSF Scholar Class of 2015, 2016,
etc.;
• Scholars in the Class of 2019 must be recorded in FACTS by APRIL 1;
• If Scholars are not recorded in FACTS by these dates schools will not
receive funding for them
CSF Scholars Program:
Moving Forward
• Reporting for Scholars:
• Should involve guidance counselors
• Forms will be standardized and simplified, no more copies of transcripts
• Mid-Year Reports due February 23 Require :
• Any CSF Scholar who has withdrawn and reason for withdrawal;
• Mid-Year GPA or Average for Current Scholars;
• Test Scores:
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9th Grade: Stanford 10
10th Grade: PSAT if applicable
11th Grade : PSAT and SAT if applicable
12th Grade: SAT
• Extracurricular activities, including employment and activities outside of school
• Year-End Reports due July 15 Require :
• Any CSF Scholar who has withdrawn since the midyear and reason for withdrawal;
• Year-End GPA or Average
• Any test scores taken since the mid-year report
CSF Scholars Program:
Moving Forward
• Expectations of Scholars:
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He/she must remain enrolled at the same school;
He/she must re-apply and re-qualify for aid each year through FACTS Grant & Aid;
He/she must work to the best of his/her ability and maintain a passing average;
He/she must maintain good conduct;
His/her family must sign a waiver at the school for release of information to CSF,
including transcripts and test scores;
• His/her family is expected to remain up-to-date on their portion of the tuition balance
each year
CSF Scholars Program:
Moving Forward
• Expectations of Schools:
• Utilize the CSF Scholar program as a recruiting tool during the admissions process;
• Inform Scholars and their families of their selection as CSF Scholars and the
expectations that go along with the award;
• Send at least one representative to the CSF Mass and Reception with the Cardinal in
May;
• Promote the selection of CSF Scholars using the PR toolkit;
• Adhere to deadlines and reporting requirements for the program
CSF Scholars Program:
2015-16 (FY16) Application Process
• Schools may apply for ADDITIONAL numbers of CSF Scholars in the Class
of 2019;
• May also apply for HIGHER LEVEL scholarship funds for the Class of 2019:
up to 50% of the 2015-16 tuition;
• Schools are required to submit the following as part of their application,
due OCTOBER 31:
• Most recent audited financials;
• Number of additional Scholars requested and why;
• Amount of 2015-16 tuition or estimate and % of tuition requested for scholarship
amount;
• Recruiting and retention plan for Scholars and feeder schools to be targeted
CSF Scholars Program:
2015-16 (FY16) Application Process
• Applications will be reviewed by allocations sub-committee with the
following data taken into consideration:
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Retention rate of current CSF Scholars;
Overall academic performance of current CSF Scholars;
Audited financial statement;
Clarity of plan for recruiting and retaining Scholars;
Current relationship with Catholic feeder schools;
Results of Class of 2015 Catholic Identity Surveys
• Schools will be notified of decisions by DECEMBER 12
Class of 2015 CSF Scholar Meeting
October 29
• For all current Class of 2015 CSF Scholars and school representatives
• Purpose is to gather info from Scholars and update them on why we want
to stay in touch:
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Gather updated contact info, including cell phones and e-mail addresses;
Administer anonymous Catholic Identity Student Survey;
Will be tracking students after graduation using National Student Clearinghouse;
Role of graduates as mentors for incoming CSF Scholars
Other Grants
• CSF Prize Grant: $100,000
• Established for FY15 to award non-scholarship funding for
innovation/impact in one of four areas of excellence;
• Schools encouraged to collaborate on application;
• Intent is to fund programs that can have a wide impact of innovation
and excellence across Catholic school system
Other Grants
• CSF Prize Grant
• 15 applications, all but one from two or more collaborations of
schools
• 3 finalists:
– Building Bridges Through STREAM
– Lowell Collaborative Campus Ministry
– Boston Area Catholic Schools (BACS) Tech Collaborative
• Winner: Building Bridges Through STREAM
– Blessed Sacrament, Walpole and Trinity Catholic Academy, Brockton
Other Grants
• CSF Prize Grant: FY16
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Applications due MARCH 27;
May be additional, smaller grants in addition to $100,000 grant;
Reviewed by allocations sub-committee APRIL 3-24;
Finalists voted on by full allocations committee MAY 1;
Site visits/interviews MAY 11-22;
Recipients announced JUNE 22
Other Grants
• Summer Technology Academy
• Catholic Schools Admissions and Development
Collaboratives (CSAC/CSDC)
• Regional Collaboratives
Partnerships
Boston College (BC)
Experience
Hill Holiday Internship
Junior Achievement
Important Dates
• September 30:
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October 28:
October 29:
October 31:
November 13:
November 20:
December 12:
• February 23:
• March 27:
Deadline for Current CSF Scholar Awards to be
Recorded in FACTS
Student Thank You Letters Mailed
Class of 2015 CSF Scholar Meeting
Application Deadline for Additional CSF Scholars
Governance Series Meeting
Fall Grant Deposit
Schools Notified of Decisions on Additional CSF
Scholars
Mid Year CSF Scholar Reports Due
Prize Grant Applications Due
Important Dates
• April 1:
• April 15:
• April 30:
Deadline for Class of 2019 CSF Scholar to be
Recorded in FACTS
ICSF Dinner
Spring Grant Deposit
• May 7:
CSF Scholar Mass and Reception
• May 11-22:
• June 22:
• July 15:
Prize Grant Interviews/Site Visits
Prize Grant Recipients Announced
Year End CSF Scholar Reports Due
Outcomes
• Sense of who we are and how we
operate
• Clear sense of calendar, process and
expectations
• Feedback on our work and how we can
best serve students and schools
• Feedback on alternative meeting space