FULL | Strategic Stewardship: A Finance Masterclass September 2024 | Nashville, TN

Monday, September 23, 2024 — Wednesday, September 25, 2024
09/23/24 4:00 PM 09/25/24 12:00 PM America/Chicago FULL | Strategic Stewardship: A Finance Masterclass September 2024 | Nashville, TN Leadership has two functions – people and financial management. While Christian education is missional in nature, financial health is vital to the pursuit of excellence. During this masterclass, you will be asked to identify: <ul><li>How do we cultivate a culture of generosity?</li><li>How do we position our school as a unique service rather than a transactional commodity?</li><li>How do we protect our finances from economic changes?</li></ul> With the help of our expert coaches, you will explore the fundamentals of financial leadership. In the uncertainty of market trends, it is vital for Christian school leaders to understand economic principles. You will learn financial stewardship and establish a philosophy of resources, understanding why market trends are critical to school sustainability. After unpacking these overarching ideas, you will dive into tactical opportunities designed to improve your school’s financial leadership. Topics will include: <ul><li>Setting tuition</li><li>Alternating revenue streams</li><li>Differentiating teacher pay</li><li>Understanding school choice implications</li><li>Creating marginal value</li><li>Identifying financial health markers</li></ul> All individuals wishing to register must personally complete the registration process and create their own account. Spark: Lipscomb's Idea Center 400 Commerce Street, Nashville, TN 37219 United States FULL | HF Organizational Development Series | Strategic Stewardship: A Finance Masterclass | Nashville, TN training@herzogfoundation.com false MM/DD/YYYY

Registration ended Aug 23, 2024

Spark: Lipscomb's Idea Center

400 Commerce Street
Nashville, TN 37219 United States

http://www.herzogfoundation.connect.space

Leadership has two functions – people and financial management. While Christian education is missional in nature, financial health is vital to the pursuit of excellence. During this masterclass, you will be asked to identify:

How do we cultivate a culture of generosity?
How do we position our school as a unique service rather than a transactional commodity?
How do we protect our finances from economic changes?

With the help of our expert coaches, you will explore the fundamentals of financial leadership. In the uncertainty of market trends, it is vital for Christian school leaders to understand economic principles. You will learn financial stewardship and establish a philosophy of resources, understanding why market trends are critical to school sustainability. After unpacking these overarching ideas, you will dive into tactical opportunities designed to improve your school’s financial leadership. Topics will include:

Setting tuition
Alternating revenue streams
Differentiating teacher pay
Understanding school choice implications
Creating marginal value
Identifying financial health markers

All individuals wishing to register must personally complete the registration process and create their own account.

Event Contact: Training and Events
training@herzogfoundation.com

FULL | Strategic Stewardship: A Finance Masterclass September 2024 | Nashville, TN

Monday, September 23, 2024, 4:00 PM — Wednesday, September 25, 2024, 12:00 PM CDT

09/23/24 4:00 PM 09/25/24 12:00 PM America/Chicago FULL | Strategic Stewardship: A Finance Masterclass September 2024 | Nashville, TN Leadership has two functions – people and financial management. While Christian education is missional in nature, financial health is vital to the pursuit of excellence. During this masterclass, you will be asked to identify: <ul><li>How do we cultivate a culture of generosity?</li><li>How do we position our school as a unique service rather than a transactional commodity?</li><li>How do we protect our finances from economic changes?</li></ul> With the help of our expert coaches, you will explore the fundamentals of financial leadership. In the uncertainty of market trends, it is vital for Christian school leaders to understand economic principles. You will learn financial stewardship and establish a philosophy of resources, understanding why market trends are critical to school sustainability. After unpacking these overarching ideas, you will dive into tactical opportunities designed to improve your school’s financial leadership. Topics will include: <ul><li>Setting tuition</li><li>Alternating revenue streams</li><li>Differentiating teacher pay</li><li>Understanding school choice implications</li><li>Creating marginal value</li><li>Identifying financial health markers</li></ul> All individuals wishing to register must personally complete the registration process and create their own account. Spark: Lipscomb's Idea Center 400 Commerce Street, Nashville, TN 37219 United States FULL | HF Organizational Development Series | Strategic Stewardship: A Finance Masterclass | Nashville, TN training@herzogfoundation.com false MM/DD/YYYY

Download Schedule

Attendance Details:

All guests are required to attend the full training including all sessions, activities, and provided meals for the duration of the event. Please review the agenda to confirm what transportation and meals are provided by the foundation and those that your organization is responsible to cover.

*Agenda is subject to change, final information will be sent as the event nears.

Sep

SEP

Tuesday ico

	09/24/24 7:45 AM 09/24/24 8:00 AM America/Chicago Walk to Spark View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25670 <br/> Walk to Spark, our training facility, for the start of day two of the event! <p></p> <br> Spark: Lipscomb's Idea Center \| 400 Commerce St, Nashville, TN 37219 FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 7:45 - 8:00 AM Spark: Lipscomb's Idea Center \| 400 Commerce St, Nashville, TN 37219 Walk to Spark Walk to Spark, our training facility, for the start of day two of the event! More Info
	09/24/24 8:00 AM 09/24/24 8:15 AM America/Chicago Breakfast & Morning Devotion View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25671 <br/> Start your morning off right with coffee and a devotional as we kick-off the day. Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 8:00 - 8:15 AM Spark Breakfast & Morning Devotion Start your morning off right with coffee and a devotional as we kick-off the day. More Info
	09/24/24 8:15 AM 09/24/24 9:00 AM America/Chicago Session 3: Creating Value View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28518 <br/> <p dir="ltr"><strong>Learning Objectives </strong></p> <ol><li dir="ltr"><p dir="ltr">Learn the definition and importance of marginal value and its impact on enrollment.</p></li><li dir="ltr"><p dir="ltr">Review and discuss practical ways for increasing marginal value.</p></li></ol> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 8:15 - 9:00 AM Spark Session 3: Creating Value Learning Objectives Learn the definition and importance of marginal value and its impact on enrollment. Review and discuss practical ways for increasing marginal value. Session 3 - Slides More Info
	09/24/24 9:00 AM 09/24/24 9:15 AM America/Chicago Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25673 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 9:00 - 9:15 AM Spark Break
	09/24/24 9:15 AM 09/24/24 10:30 AM America/Chicago Session 4: Organizational Practices for Financial Health View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25676 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <ol><li dir="ltr"><p dir="ltr">Create organizational steps for school budgeting and accountability</p></li><li dir="ltr"><p dir="ltr">Discuss organizational reports for strategic picture initiatives</p></li><li dir="ltr"><p dir="ltr">HOS metrics for reporting/monitoring</p></li><li dir="ltr"><p dir="ltr">Strategic finance planning</p></li></ol> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 9:15 - 10:30 AM Spark Session 4: Organizational Practices for Financial Health Learning Objectives: Create organizational steps for school budgeting and accountability Discuss organizational reports for strategic picture initiatives HOS metrics for reporting/monitoring Strategic finance planning Session 4 - Slides - Josh/Alan Session 4 Slides - Jason/Matt More Info
	09/24/24 10:30 AM 09/24/24 10:45 AM America/Chicago Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28520 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 10:30 - 10:45 AM Spark Break
	09/24/24 10:45 AM 09/24/24 12:00 PM America/Chicago Session 5: Tuition Intro and Teacher Pay View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28519 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <div dir="ltr"><ol><li dir="ltr"><p dir="ltr">Understand and accept that tuition setting should be a formula not a conversation.</p></li><li dir="ltr"><p dir="ltr">Reinforce the difference between “affordable” and “accessible.”</p></li><li dir="ltr"><p dir="ltr">Understand the primary driver of value: teachers!</p></li><li dir="ltr"><p dir="ltr">Dispel the myth that “my school is different.”</p></li></ol> <p dir="ltr"><br> </p></div> ... Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 10:45 AM - 12:00 PM Spark Session 5: Tuition Intro and Teacher Pay Learning Objectives: Understand and accept that tuition setting should be a formula not a conversation. Reinforce the difference between “affordable” and “accessible.” Understand the primary driver of value: teachers! Dispel the myth that “my school is different.” Session 5 - Slides GAC Sample Tuition Letter to Parents More Info
	09/24/24 12:00 PM 09/24/24 12:45 PM America/Chicago Lunch Together View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25674 <br/> Enjoy lunch! Take a brain break, connect with your peers or dive deeper into topics you've learned about during this time! Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 12:00 - 12:45 PM Spark Lunch Together Enjoy lunch! Take a brain break, connect with your peers or dive deeper into topics you've learned about during this time! More Info
	09/24/24 12:45 PM 09/24/24 1:15 PM America/Chicago Who is Herzog Foundation View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25675 <br/> Learn about how our Foundation started, our mission, and ways to get involved with us! Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 12:45 - 1:15 PM Spark Who is Herzog Foundation Learn about how our Foundation started, our mission, and ways to get involved with us! More Info
	09/24/24 1:15 PM 09/24/24 3:15 PM America/Chicago Session 6: Tuition Strategies Workshop View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25672 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <ol><li dir="ltr"><p dir="ltr">Understand the critical levers that drive revenue and expenses.</p></li><li dir="ltr"><p dir="ltr">Create a different perspective on comp & benefits.</p></li><li dir="ltr"><p dir="ltr">Recognize the message communicated by tuition.</p></li><li dir="ltr"><p dir="ltr">Recognize the need for a comprehensive tuition strategy and 3-5 year plan.</p></li><li dir="ltr"><p dir="ltr">Create a desire to develop a plan... Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 1:15 - 3:15 PM Spark Session 6: Tuition Strategies Workshop Learning Objectives: Understand the critical levers that drive revenue and expenses. Create a different perspective on comp & benefits. Recognize the message communicated by tuition. Recognize the need for a comprehensive tuition strategy and 3-5 year plan. Create a desire to develop a plan to move towards hard income coverage and that is possible, even if it takes several years. Session 6 - Slides - Josh/Alan Session 6 - Slides - Matt/Jason More Info
	09/24/24 3:15 PM 09/24/24 3:30 PM America/Chicago Transition to Coaching & Close of The Day View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25677 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 3:15 - 3:30 PM Spark Transition to Coaching & Close of The Day
	09/24/24 3:45 PM 09/24/24 5:30 PM America/Chicago Coaching Sessions & Self Leadership Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25678 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 3:45 - 5:30 PM Spark Coaching Sessions & Self Leadership Break
	09/24/24 5:30 PM 09/24/24 5:30 PM America/Chicago Dinner on your own View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25680 <br/> Enjoy dinner on your own and get some rest! FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 5:30 PM Dinner on your own Enjoy dinner on your own and get some rest! More Info

	09/24/24 7:45 AM 09/24/24 8:00 AM America/Chicago Walk to Spark View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25670 <br/> Walk to Spark, our training facility, for the start of day two of the event! <p></p> <br> Spark: Lipscomb's Idea Center \| 400 Commerce St, Nashville, TN 37219 FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 7:45 - 8:00 AM Spark: Lipscomb's Idea Center \| 400 Commerce St, Nashville, TN 37219 Walk to Spark Walk to Spark, our training facility, for the start of day two of the event! More Info
	09/24/24 8:00 AM 09/24/24 8:15 AM America/Chicago Breakfast & Morning Devotion View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25671 <br/> Start your morning off right with coffee and a devotional as we kick-off the day. Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 8:00 - 8:15 AM Spark Breakfast & Morning Devotion Start your morning off right with coffee and a devotional as we kick-off the day. More Info
	09/24/24 8:15 AM 09/24/24 9:00 AM America/Chicago Session 3: Creating Value View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28518 <br/> <p dir="ltr"><strong>Learning Objectives </strong></p> <ol><li dir="ltr"><p dir="ltr">Learn the definition and importance of marginal value and its impact on enrollment.</p></li><li dir="ltr"><p dir="ltr">Review and discuss practical ways for increasing marginal value.</p></li></ol> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 8:15 - 9:00 AM Spark Session 3: Creating Value Learning Objectives Learn the definition and importance of marginal value and its impact on enrollment. Review and discuss practical ways for increasing marginal value. Session 3 - Slides More Info
	09/24/24 9:00 AM 09/24/24 9:15 AM America/Chicago Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25673 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 9:00 - 9:15 AM Spark Break
	09/24/24 9:15 AM 09/24/24 10:30 AM America/Chicago Session 4: Organizational Practices for Financial Health View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25676 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <ol><li dir="ltr"><p dir="ltr">Create organizational steps for school budgeting and accountability</p></li><li dir="ltr"><p dir="ltr">Discuss organizational reports for strategic picture initiatives</p></li><li dir="ltr"><p dir="ltr">HOS metrics for reporting/monitoring</p></li><li dir="ltr"><p dir="ltr">Strategic finance planning</p></li></ol> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 9:15 - 10:30 AM Spark Session 4: Organizational Practices for Financial Health Learning Objectives: Create organizational steps for school budgeting and accountability Discuss organizational reports for strategic picture initiatives HOS metrics for reporting/monitoring Strategic finance planning Session 4 - Slides - Josh/Alan Session 4 Slides - Jason/Matt More Info
	09/24/24 10:30 AM 09/24/24 10:45 AM America/Chicago Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28520 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 10:30 - 10:45 AM Spark Break
	09/24/24 10:45 AM 09/24/24 12:00 PM America/Chicago Session 5: Tuition Intro and Teacher Pay View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_28519 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <div dir="ltr"><ol><li dir="ltr"><p dir="ltr">Understand and accept that tuition setting should be a formula not a conversation.</p></li><li dir="ltr"><p dir="ltr">Reinforce the difference between “affordable” and “accessible.”</p></li><li dir="ltr"><p dir="ltr">Understand the primary driver of value: teachers!</p></li><li dir="ltr"><p dir="ltr">Dispel the myth that “my school is different.”</p></li></ol> <p dir="ltr"><br> </p></div> ... Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 10:45 AM - 12:00 PM Spark Session 5: Tuition Intro and Teacher Pay Learning Objectives: Understand and accept that tuition setting should be a formula not a conversation. Reinforce the difference between “affordable” and “accessible.” Understand the primary driver of value: teachers! Dispel the myth that “my school is different.” Session 5 - Slides GAC Sample Tuition Letter to Parents More Info
	09/24/24 12:00 PM 09/24/24 12:45 PM America/Chicago Lunch Together View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25674 <br/> Enjoy lunch! Take a brain break, connect with your peers or dive deeper into topics you've learned about during this time! Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 12:00 - 12:45 PM Spark Lunch Together Enjoy lunch! Take a brain break, connect with your peers or dive deeper into topics you've learned about during this time! More Info
	09/24/24 12:45 PM 09/24/24 1:15 PM America/Chicago Who is Herzog Foundation View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25675 <br/> Learn about how our Foundation started, our mission, and ways to get involved with us! Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 12:45 - 1:15 PM Spark Who is Herzog Foundation Learn about how our Foundation started, our mission, and ways to get involved with us! More Info
	09/24/24 1:15 PM 09/24/24 3:15 PM America/Chicago Session 6: Tuition Strategies Workshop View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25672 <br/> <p dir="ltr"><strong>Learning Objectives:</strong></p> <ol><li dir="ltr"><p dir="ltr">Understand the critical levers that drive revenue and expenses.</p></li><li dir="ltr"><p dir="ltr">Create a different perspective on comp & benefits.</p></li><li dir="ltr"><p dir="ltr">Recognize the message communicated by tuition.</p></li><li dir="ltr"><p dir="ltr">Recognize the need for a comprehensive tuition strategy and 3-5 year plan.</p></li><li dir="ltr"><p dir="ltr">Create a desire to develop a plan... Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 1:15 - 3:15 PM Spark Session 6: Tuition Strategies Workshop Learning Objectives: Understand the critical levers that drive revenue and expenses. Create a different perspective on comp & benefits. Recognize the message communicated by tuition. Recognize the need for a comprehensive tuition strategy and 3-5 year plan. Create a desire to develop a plan to move towards hard income coverage and that is possible, even if it takes several years. Session 6 - Slides - Josh/Alan Session 6 - Slides - Matt/Jason More Info
	09/24/24 3:15 PM 09/24/24 3:30 PM America/Chicago Transition to Coaching & Close of The Day View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25677 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 3:15 - 3:30 PM Spark Transition to Coaching & Close of The Day
	09/24/24 3:45 PM 09/24/24 5:30 PM America/Chicago Coaching Sessions & Self Leadership Break View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25678 <br/> Spark FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 3:45 - 5:30 PM Spark Coaching Sessions & Self Leadership Break
	09/24/24 5:30 PM 09/24/24 5:30 PM America/Chicago Dinner on your own View session: https://herzogfoundation.connect.space/accounts/events/stewardship-sept-23-24/agenda/2024-09-24#session_row_25680 <br/> Enjoy dinner on your own and get some rest! FULL \| HF Organizational Development Series \| Strategic Stewardship: A Finance Masterclass \| Nashville, TN training@herzogfoundation.com MM/DD/YYYY 5:30 PM Dinner on your own Enjoy dinner on your own and get some rest! More Info