Volume V, March 2017

Calendar o f Upcoming EventsCa lendar o f Upcoming Events

We dne s da y , Ap r i l 5: Sus ta ina b i l i ty Me e t ingWe dne s da y , Ap r i l 5: Sus ta ina b i l i ty Me e t ing SAVE THE DATE!SAVE THE DATE!

Thurs da y , Ap r i l 20 : PAISBOA Annua l Me e t ing - Sa v e the Da te !Thurs da y , Ap r i l 20 : PAISBOA Annua l Me e t ing - Sa v e the Da te ! REGISTER TODAY!REGISTER TODAY!

Thurs da y , Ap r i l 27 : P la nt Ma na ge rs Me e t ingThurs da y , Ap r i l 27 : P la nt Ma na ge rs Me e t ing SAVE THE DATE!SAVE THE DATE!

Thurs da y , Ma y 11: Fa c ul ty Comp e ns a t ion Works hopThurs da y , Ma y 11: Fa c ul ty Comp e ns a t ion Works hop REGISTER

From the Ex e c ut iv e D ire c torFrom the Ex e c ut iv e D ire c torAggie Malter, Ed.D. PAISBO AAggie Malter, Ed.D. PAISBO A

March 10, 2017

Last week, Al and I attended the annual meetings for NBOA (Washington DC) and NAIS(Baltimore MD) with over 50 members of PAISBOA. Both conferences featured excellentspeakers (professional and novice) and provided occasions to interact with all types of exhibitorswho support independent school education. As with any gathering of independent school leaders,the opportunity to network with like-minded educators was paramount--connecting with newcolleagues and reconnecting with old friends. In our role as association leaders, we were on thelookout for new ideas, engaging speakers, and potential vendor partners. We were successful inidentifying all three! The programming at NBOA was tracked into seven categories: accounting, finance and tax,business operations, facilities, human resources, information technology, leadership andgovernance and risk management. I attended some interesting programs on endowmentmanagement, investment policies as well as data trends, dashboarding, and data presentation,

Al, Damian, and Aggie

while Al attended a few programs related to governance, affordability and accessibility, andfinancial reporting.

For our part, Al, Damian Kavanagh from SAIS, and I presented aGoldmine session on Collaboration Grants. A big thank you to our colleagues at commonfund, especiallySteve Snyder and Nelson Pereira, who co-hosted our PAISBOAevent in Washington DC at the Mansion on O Street. The venuewas fun and funky, the food was eclectic, and a good time washad by all! Congratulations to our own Frank Aloise, who was honored byNBOA with the Ken White Distinguished Business Officer Award, given to exceptionally activeand inspiring individuals who have dedicated their careers to the support of others in the field. Itwas a privilege to be on hand for this special and well deserved recognition of Frank's manyaccomplishments on behalf of independent school business officers. At NAIS, the focus was quite different, but equally valuable to business officers. There were sixtracks for workshops: communications and advancement, governance, leadership development,management, the classroom experience and the student experience. Al was particularly movedby a presentation about a turnaround experience for a school in Chicago, and I attended a veryinteresting program about thrivability, and learned about PechaKucha sessions where eachspeaker created 20 slides which advance every 20 seconds and made a significant point in sixminutes and 40 seconds. Here is an overview of the NAIS speakers. As promised, we will be bringing back some of the presentation materials to share with all of youthrough Friday Flyer articles, face-to-face presentations, and hands-on workshops for yourprofessional development. We know that the financial future of our member schools, in no smallpart, depends on our ability to keep you informed about the latest trends in independent schooleducation and beyond. We are committed to that purpose! Join us on May 11 to learn more about implementing a banding system for faculty compensationwith Carolyn Hapeman and Margaret Haviland from Westtown. They will share the 3-hourworkshop they created for NAIS on aligning faculty compensation and evaluation with a school'smission. Be sure to invite your Head of School, HR Director, and anyone else at your school whois involved in faculty compensation and evaluations. We look forward to seeing you at our Annual Meeting at Lincoln Financial Field on April 20! Take advantage of the power of the flock!

Annua l Me e t ing a t Linc oln Fina nc ia l Fie ld!Annua l Me e t ing a t Linc oln Fina nc ia l Fie ld!

Please join us at our 2017 Annual Meeting, which will be held this year at Lincoln FinancialField, home of the Philadelphia Eagles, on Thursday, April 20, from 8:30 a.m. until 2 p.m.

Our day starts off with Registration and Check-In at 8:30, with openingremarks from Eagles Insider Dave Spadaro at 9:00. If anyone knowsabout what's going on with the Birds, it's Dave! The Annual Business Meeting takes place from 10:15-11:00, followed

Keynote SpeakerAndrew Brand

Eagles Insider Dave Spararo

Dr. MargaretHaviland

Carolyn Hapeman

by the Vendor Fair.

Our luncheon will feature KeynoteSpeaker Andrew Brandt, former vice-presidentof the Green Bay Packers and current NFLBusiness Analyst for ESPN, who will discuss thebusiness of sports.

The highlight of the afternoon will be thepresentation of the 2017 John Batley Award .

Finally, tours of the stadium will be offered at 1:30 p.m.

We're looking forward to seeing ALL of you this year on Thursday, April 20! Don't miss it!!Register TODAY!

Sponsorship OpportunitiesPAISBOA partners and vendors are invited to consider sponsorship opportunities for the2017 Annual Meeting, one of two events during the year when we provide our vendors andmembers with face-to-face time.

You can learn more about our many options by contacting our Operations Manager Ron Hill at484-367-7553.

Fa c ul ty Comp e ns a t ion Ev a lua t ion Works hop s e t for Ma y 11Fa c ul ty Comp e ns a t ion Ev a lua t ion Works hop s e t for Ma y 11

What would it look like to align your school's faculty compensation and evaluation with yourmission? What sort of process will you need to move towards a mission-aligned compensationand evaluation system? Who are the key stake holders and how will you engage them in this vitalwork?

To find out more about this process that continues to grow in importance,please join us on Thursday, May 11 from 10am -- 2:00pm at thePAISBOA offices as Carolyn Hapeman and Dr. Margaret Haviland fromWesttown School present Creating Mission-Driven Faculty Evaluationand Compensation.

In this informative workshop originally created for NAIS, you'll learn how toanswer these questions and more.

First, we'll delve into how Westtown Schooldeveloped a banded model for compensation anda growth-oriented annual evaluation system.

Then, you'll work with teams to devise your ownnext steps to put your mission at the heart of hiring, compensating,developing, and honoring your faculty. In addition to exploring compensation and evaluation models, you'llconsider the roles of faculty, administration, and board in implementing anew system.

This workshop is ideal for Heads of School, HR Directors, and othersinvolved in faculty compensation and evaluation.

Register today for this timely workshop. Lunch will be provided.

John Ba t le y Awa rd Nomina t ions Ac c e p te d thru Ma rc h 17John Ba t le y Awa rd Nomina t ions Ac c e p te d thru Ma rc h 17

The PAISBOA Board of Directors is seeking nominations for the John Batley Award , our highesthonor, through Friday, March 17.

PAISBOA's 2016-2017 Board of Directors

Bob Mueller sneaksthrough one of the many

secret doors throughout themansion.

From left, Michael Dyson, G ladwyneMontessori; Adam Wojtelwicz & Jayme

Karolyi, The Shipley School; Aggie Malter,PAISBOA

Though he was too humble to say so himself, John's vision over 50 years ago led to the foundingof what became PAISBOA. As the first chair of PAISBIG, John helped build a strong healthinsurance program into a magnet for innovation and entrepreneurship.

Candidates for this prestigious award are recognized members who contribute to PAISBOA'smission of working together for the greater good.

Nominations are open until March 17. To submit your nomination, download the nomination formfrom our website, or call Ron Hill at 484-367-7553.

PAISBOA Boa rd of D ire c tors Se a rc h Unde rwa yPAISBOA Boa rd of D ire c tors Se a rc h Unde rwa y

As a member of PAISBOA, we encourage youto participate in the nomination process for ourBoard of Directors. We are currently seekingnominations for the 2017-2020 terms.Members may self-nominate or recommendpotential candidates by downloading anomination form from our website.

Members of the Board serve three-year termsand are eligible for re-election to a secondthree-year term. Commitments includeattendance at board meetings, committee meetings, annual consortia meetings, and support ofprofessional development programming.

For more information, call Ron Hill at 484-367-7553 or download the nomination form. Nominationsclose on March 17.

NBOA RECEPTION AN ECLECTIC AFFAIR!NBOA RECEPTION AN ECLECTIC AFFAIR!

PAISBOA members who attended last week'sNBOA Conference were welcomed to a specialreception, co-sponsored by Commonfund, at thelegendary Mansion on O Street in the historicDupont Circle district of Washington D.C.

John Ford, Lancaster Country Day School;Frank Aloise, Springside Chestnut Hill

Academy; Joan & Joe Barone, Waldron MercyAcademy; Susan Guerette, Fisher & Phillips

Ventina Hershey, HaddonfieldFriends School; Lisa CarboneWarren, Moorestown FriendsSchool and PAISBOA Board

Frank Aloise, Springside Chestnut HillAcademy and PAISBOA Board; Bradley

Gay, Metcalfe Architecture & Design Nelson Pereira of our co-sponsorCommonfund; Aggie Malter, PAISBOA

Frank Aloise - NBOA'sDistinguished Business

Officer for 2017

In addition to thehospitality and refreshments, over 50 members andguests enjoyed touring the more than 100 themedguest rooms, maze-like passageways, hidden doorsand other secret rooms, all lavishly decorated with

cultural memorabilia of all kinds, plus an eclectic collection of furnishings and fixtures from aroundthe world. You had to see this place to believe it!

NBOA's D is t inguis he d Bus ine s s Of f ic e r Awa rd for 20 17 NBOA's D is t inguis he d Bus ine s s Of f ic e r Awa rd for 20 17 Goe s to PAISBOA Boa rd Me mb e r Fra nk Alois eGoe s to PAISBOA Boa rd Me mb e r Fra nk Alois e Frank V. Aloise, Jr, Chief Financial Officer at Springside ChestnutHill Academy and a PAISBOA Board Member, is the 2017Recipient of the Ken White Distinguished Business Officer Award,presented annually by the National Business Officers Association.

The award, NBOA's highest honor, is presented to "exceptionallyactive and inspiring individuals who have dedicated their careers tothe support of others in the field," and honors the legacy of KennethA. White, Jr., who had a passion for this field and an incurabledesire to help others.

Frank has served on the PAISBOA board since 1998 and wasboard chair from 2012-2014. In addition, he served on the NBOABoard from 2006-2016, including a term as their board chair, andas chair of TIAA-CREF's Direct Client Advisory Council from 2010-

2012.

In addition to his service to independent schools, he currently serves as president of the HobartAlumni Association, his alma mater, and will serve on its board of trustees in 2018.

Please join us in congratulating Frank for an honor well deserved!

NAIS Pre s e nta t ion of Tre nds in Fina nc ia l A id Prov ide s Va lua b leNAIS Pre s e nta t ion of Tre nds in Fina nc ia l A id Prov ide s Va lua b leIns ightIns ightAl Greenough, PAISBO A Al Greenough, PAISBO A Mark Mitchell is well known here for hispresentations for us and ADVIS, as a longstanding staff member of NAIS and VicePresident of SSS, who can provide supportservices to financial aid determinations for allIndependent Schools. Mark's presentation wasespecially interesting because it summarizedthe results of their 2016 survey, one whichthey conduct every 5 years. Since the financial crisis of 2008, the issue offinancial and merit aid has become increasingimportant to most Independent School, wholook at it through their own lens of their culture,position in the market, and financial strength.While PAISBOA's Data Survey provides valuable information, the responses of 372 schoolsparticipating in the NAIS survey provides broader insight into the "industry".

Two charts we felt were particularly interesting arepresented here, and the entire presentation isavailable for download.

As one would suspect, Mark's presentation alsoaddressed trends and practices in schools as theygrapple with this most important subject.

Ma rc h 20 Ma rke t ing We b ina r - s c hne ide rB v i rc on - Ma rc h 20 Ma rke t ing We b ina r - s c hne ide rB v i rc on - PAISBOA PAISBOASp e c ia l Pr ic eSp e c ia l Pr ic eAl Greenough, PAISBO A Al Greenough, PAISBO A In the latest edition of Rick Newberry's blog EnrollmentCatalyst, he recommends a webinar titled"schneiderB vircon 4" produced by BrendanSchneider, the previous Admissions Director atSewickely Academy, and currently their Director ofDevelopment, who has presented at ADVISworkshops. This is the fourth session that Brendan hasproduced in a series that features two webinars peryear, and we have negotiated special pricing forour PAISBOA member schools. This is an all-day webinar (9AM - 4:30 PM) on Monday, March 20, featuring bite-sized piecesdelivered by hand-picked experts, who work with/for independent schools. The speakers willdiscuss:

1. Personas2. Keywords3. Search Engine Optimization4. Content5. Social Media

The session is designed to offer affordable professional development, recognizing the shift ofschools to using the Internet, including inbound marketing and social media marketing, to attractnew families and retain current families. This program offers incredible value for the price - less than $30/hour. We have our ownPAISBOA registration page, so that our price is fixed at the early registration price of$197. The video recordings will be available to participants for one year and can be downloaded andshared by teams who are tasked with implementing various aspects of a marketing program. This is an incredible resource and value that is affordable to every member school. Register Here for schneiderB vircon 4

Tip s for Sa fe Inte rna t iona l Tra v e lTip s for Sa fe Inte rna t iona l Tra v e lRobert Pall iniRobert Pall ini , Wil l is Towers Watson , Wil l is Towers Watson

Many schools provide opportunities to travel in theinterest of broadening the educational experiences oftheir students. Here are some risk managementconsiderations to assist you in planning a safe travelexperience for your students. Prior to deciding on a destination, access the U.S.Department of State website (www.travel.state.gov. This site will provide you with country specificinformation on travel advisories and health alerts.

Some additional travel tips for schools:

Do some research about the people and their culture, along with any problems that thecountry may be experiencing that could affect travel plans. While in a foreign country,remember that you are subject to any and all local laws. Trip leaders should be aware ofemergency procedures and communication channels.Know the location of the nearest embassy and consulate in the countries where you aretraveling.Encourage students to learn as much as possible about the countries in which they plan totravel.Verify that all travelers have a valid passport, if required.All trip attendees should make copies of their passports and keep a copy on file with theschool. Students should also keep a copy at home with their parents, in the event that theirpassport is lost or stolen.Appropriate release forms should be obtained from all students prior to departure.Make sure your international insurance program addresses liability and workerscompensation exposures while overseas. Be sure that your program includes coverage foraccident, sickness and medical expenses for all students, employees and volunteerstraveling.

While traveling, never leave luggage unattended in public areas. Avoid demonstrations or civildisturbances that may become unruly, and stress the importance of staying with your travel groupat all times.

Ne w " Find A Doc tor " Tool Now Av a i la b leNe w " Find A Doc tor " Tool Now Av a i la b leMatt Doyle, Armstrong, Doyle & CarrollMatt Doyle, Armstrong, Doyle & Carroll

Of interest to PAISBOA HBT members,Independence Blue Cross has released a newversion of the Find A Doctor tool!

The new tool includes an enhanced look and feelthat provides a more seamless and intuitive userexperience.

Other added features include:

A single search bar to help members finddoctors, facilities, treatments, and services withcommon, everyday language.All-in-one search results with essentialinformation, such as location, quality ratings,patient reviews, and network designations, tohelp members make an informed decision.

Patient review andratings for insight intofellow members'actual experienceswith providers.

Informative provider profiles and nationally recognized qualitymeasurement to help members find the right fit for care.

You can access the Find A Doctor tool through your member portal atwww.ibxpress.com.

For more information, contact Matt Doyle at 610-225-1539.

Educ a t ion Bra nds - In Pa r tne rs hip w i th Sc hoolsEduc a t ion Bra nds - In Pa r tne rs hip w i th Sc hoolsAndrea Chilkott, Diamond Mind Andrea Chilkott, Diamond Mind

Education Brands is a family of education-focused software andservice companies that works closely with 3,000+ independentschools to help them thrive in today's digital environment. DiamondMind is proud to be part of the Education Brands family and we'dlike you to learn more. Link to the websitehere: www.educationbrands.com

Education Brands - In Partnership with Schools

Formed in 2016, the Education Brands suite of services providessoftware solutions campus-wide for tuition management, admissions, enrollment, financial aid,school and student management along with digital payment options - all working in concert toempower private and independent schools to achieve educational, operational, and financialsuccess.

Our companies share knowledge, technology, and information in order to develop premier solutionsfor schools, and our collaboration also results in improved development, integration and pricing. We encourage you to visit the new website and learn more about Education Brands! Should youhave any questions, contact our Diamond Mind school experts at 888-566-0945 x777.

Carroll Consultants

No Be ne f ic ia ry De s igna t ion. Who Ge ts The Mone y ?No Be ne f ic ia ry De s igna t ion. Who Ge ts The Mone y ?Marcie Carroll , Carroll ConsultantsMarcie Carroll , Carroll Consultants

According to a recent Wall Street Journal article, retirement plans andIRAs account for about 60 percent of the assets of U.S. householdsinvesting at least $100,000. Both state and federal laws govern thedisposition of these assets, and the results can be complicated,especially when the owner of the account has been divorced andremarried. Therefore, it is important for plan fiduciaries of qualifiedretirement plans to understand their role regarding beneficiarydesignations and the regulations that dictate. Under ERISA and the Internal Revenue Code, in the case of a definedcontribution plan that is not subject to the qualified joint and survivor annuity rules, if a participantis married at the time of death, the participant's spouse is automatically the beneficiary of theparticipant's entire account balance under the plan. A participant may designate someone otherthan his or her spouse as the beneficiary only with the spouse's notarized consent. If the owner of a retirement plan account is single when he or she dies, the assets go to theparticipant's designated beneficiary, no matter what his or her will states. In addition, the assetswill be distributed to the designated beneficiary regardless of any other agreements including evencourt orders. If the participant fails to designate a beneficiary, the terms of the plan documentgovern the disposition of the participant's account. Read More...

Founded in the 1950s, Carroll Consultants, Ltd. provides investment advisory, retirement planconsulting and administration services to clients throughout the country. For more information,contact Marcie Carroll at 610-225-1210.

Bulletin Board

Fre e We b ina r : Immigra t ion Pol ic y a nd Inde p e nde nt Sc hoolsFre e We b ina r : Immigra t ion Pol ic y a nd Inde p e nde nt Sc hoolsRegister now for a Tuesday, March 14 webinar on what schools need to know about current immigration orders and how recent policy changes affect international students. The session, co-hosted byNAIS, the Enrollment Management Association, and theAssociation of Boarding Schools, also will examine trends ininternational student retention and recruitment.

The Us e of Ride s ha re Ve hic le s to Tra ns p or t Stude ntsThe Us e of Ride s ha re Ve hic le s to Tra ns p or t Stude ntsThe recent conversation about this subject on our Business Managers listserv peaked ourinterest just after we received a newsletter from ISM.

The article What Your Policy Says About "Ubering" to School is worth sharing because theuse of Uber and other such services is a tempting, relatively easy and low cost option forschools. As the article suggests, it should be approached with extreme caution andprobably deserves attention in your policies.

Here is the link to the article from ISM's "the Source for Business and Operations" Vol 15No.4.

OASIS Pre s e nts OASIS Pre s e nts 4 th a nnua l 4 th a nnua l Sola rJa mSola rJa mOASIS will present its 4th annual SolarJam on Saturday, May 20 (rain date Sun. May 21),from 10:00 am-1:30pm, at the Princeton High School Tennis Courts, Princeton NJ.

Build a car for the annual Solar Car Race! There will be two age divisions: Lower (K-5) andMiddle (6-8); as well as a Photon Fair: Make anything that uses the sun and demo it (non-juried)

For more info, contact Andrew Lloyd.

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