a better world | un monde meilleur | un mundo mejor | | عالم أفضلлучший мир | 一个更美好的世 界 un mondo migliore | より良い世界 | eine bessere welt | a better world | un monde meilleur | un monde meilleur | un mundo mejor | | عالم أفضلлучший мир | 一个更美好的世界 | un mondo mejor | عالم أفضلлучший мир | 一个更美好的世界 un mondo migliore | より良い世界 | eine bessere welt a better world | un monde meilleur | un monde meilleur | un mundo mejor | | عالم أفضلлучший мир un mondo migliore | より良い世界 | eine bessere welt | a better world | un monde meilleur | un monde meilleur | un mundo mejor | | عالم أفضلлучший мир | 一个更美好的世界 | un mondo mejor The State of the School March 13, 2013 Jane Camblin Peter Sorrentino MISSION “In our increasingly interdependent world, in which the problems we face call for more and deeper global cooperation, UNIS is uniquely placed to contribute. Its core principles emanate from the United Nations charter, that visionary document of world peace and progress. The school’s international environment—in which people of many nations, faiths and points of view study, work and play together—sets an admirable example of mutual tolerance and understanding.” Kofi A. Annan United Nations Security General 1997-2006 Remarks on UNIS’ 50th Anniversary “One of the greatest tasks of education all over the world is to educate the young for peace, because, on the question of peace, no man of goodwill can be neutral.” U Thant United Nations Secretary General 1961-1971 Agenda Parent feedback review Where we are today In progress Goals for the future Advancement update Financial snapshot Parent Feedback – Values Academic excellence Professional and collegial community Innovation and change Celebration of internationalism Global awareness Respect for our planet Empathetic, caring, compassionate students Relationship with the UN Linguistic ability Parent Feedback Strengths Internationalism Academics Community Aspirations Human resources Academic and cocurricular programs Community and infrastructure In Progress Review of the schedule Security audit Parent food survey Allergy policy Medical services contract Review of existing policies and procedures CIS/NYSAIS Accreditation Review of the Schedule Review of advisory period Access to cafeteria IB concerns Student life Security Audit Review of general security procedures Review of crisis management procedures Examination of physical campus – Manhattan and Queens Food Committee 550 Manhattan families responded to parent food survey Concerns identified around issues of choice, food quality, cafeteria procedures Next step – form committee Allergy Policy FLIK and school policies currently under review by medical staff at NYU EpiPens and training to be provided Medical Services Contract NYU to provide oversight of best practices – concussion, nursing, procedures related to the management of health issues at school Review of Existing Policies and Procedures Personnel policies Staff Association agreement After-school procedures Communications protocols/launch of new website and social media Review of management systems Strategic Planning Littleford and Associates engaged as consultants Focus groups were conducted with parents, faculty, non-teaching staff, students and alumni 62 priorities were identified Board of Trustees and school leadership developed final list of six multi-faceted priorities Strategic Planning – Next Steps Each of the six priorities will be assigned to a Board committee or sub- committee Strategic plan with actionable priorities and key performance indicators will be shared with the full Board May 2014 Status update to the UNIS community before the end of the school year Implementation to begin September 2014 Current Hiring Initiatives Junior School Principal Director of Human Resources Director of Student Support Services Additional psychologist Review of Modern Languages Department structure Social media/web specialist Advancement Update Laura Heffron Director of Advancement UNIS Fund Mission Statement Gifts to the UNIS Fund make a tangible difference in the teachers we hire; the international curriculum, language courses and enrichment programs that we provide; and the art, drama, music and athletic programs we offer. Every measure of the advancement of UNIS is touched by your generosity. A donation to the UNIS Fund is one of the most important gifts you can make to our children in support of a better world. Participation by Constituency 100% Admin Council 86% UNIS Fund Co-Chairs 87% 83% UNIS Fund Ambassadors Trustees 40% Parents 15% Faculty and Staff Parents of Alumni 1% Alumni 2% As of March 11, 2014 Parent Participation by Campus 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 40% 38% 32% 26% FY14 12% Queens Manhattan 12% FY13 Total As of March 11th, All Years UNIS Fund – Parent Gifts 500 470 400 300 200 100 197 164 Number of Gifts 0 As of March 11th, All Years UNIS Fund – Parent Dollars $400,000 $200,000 $0 2014 Total Raised $202,348 2013 $120,287 2012 $117,254 As of March 11th, All Years $50 buys 5 plants and 10 seed packets for the new greenhouse and student garden – Queens Campus $100 buys 4 full sets of cricket equipment for the PE department $100 buys 10 Junior School students French magazine subscriptions Manhattan Campus $2,000 covers 4 Middle School students to attend outdoor environmental programs A gift of $8865 supports one out of 108 UNIS students who receive financial aid Financial Update Peter Sorrentino Treasurer UNIS Board of Trustees UNIS Financial Overview Finance & Audit Committee overview Annual budget process Approach Mission-driven Committed to fiscal sustainability and affordability Careful management of operating expenses Use available resources to deliver the highest quality educational experience for our children Key responsibility of the Board Set policy to ensure the long-term financial health of UNIS Revenue and Operating Costs Significant over-reliance on tuition revenue, relative to peers 82% of operating costs related to salaries and benefits Contractual CBA % increases are key driver of Tuition % increases • ~6% increase in salaries and benefits for ’14-15E Total Revenue Annual Fund 1% Funded Projects and Donated Services 2% Total Operating Costs Endowment Transfer 1% Maintenance/ Outsourcing/ Utilities 7% Other 7% Program Expenses 4% Benefits 21% Net Tuition Revenue 89% Other 7% Salaries 61% Tuition vs. Peers 5.9% tuition increase for 2014-15 Lower rate of growth than peer average over past 3 years Substantial discount to market 20% below peer average, 40-45% below top of market Tuition Comparison vs. Peers $34,538 35,000 $37,677 $35,732 $29,990 30,000 $28,559 $28,028 25,000 Dollars (Tuition) -18.85% below peer avg. -20.07% below peer avg. -20.40% below peer avg. 20,000 15,000 10,000 5,000 0 2012 2013 UNIS Average Linear (UNIS Average ) 2014 Peer Avg (ex. UNIS) Linear (Peer Avg (ex. UNIS)) Attracting Top Educators We operate in one of the most competitive education markets in the world UNIS compensation structure is designed to attract and retain the best global educators 2013-2014 Peer Group Faculty Compensation Analysis (Salary only; excludes benefits) 140,000 120,000 UNIS Peer Group $124,084 $118,025 (Dollars) Total Compensation 100,000 $87,898 $80,326 80,000 $65,017 $58,913 60,000 40,000 20,000 0 Highest Lowest Compensation Level Median Capital Expenditures Tuition and other current revenue sources are insufficient to cover extraordinary repairs / enhancements Capital Projects 2013-14 ($6.6m) • Year 2 Manhattan roof ($2.1mm) • Safety/security enhancements ($300k+) Queens $330k,5% Queens Roof, $621k , 9% Selected 2014-15 Projects Technology $1.4M, 21% • Wharf review / maintenance ($200k) • Library Conference Room redesign Other Capital Projects, $1.0M, 15% Manhattan Roof, yr. 1 of 2, $3.2M , 49% Master Planning $30k , 1% • Middle School beautification UNIS Endowment $400K transfer from endowment to operating budget in FY ‘13-14 Equal to 1% of total revenue, vs. 6-7% peer average At least ~3x smaller than necessary for a school of our size No material inflows in past 10 years $20 Endowment Funds ($mm) $18 $16 +14.4% $14 +10.3% $12 $10 $8 $6 $13.9 $15.3 $17.5 $4 $2 $0 12/31/11 12/31/12 12/31/13 Program Enhancements for Next Year New School Psychologist and Director of Student Support Services Athletics department ($56k) New swim team, tennis team, JV soccer Strength and conditioning consultant CPR, 1st Aid, concussion training for coaches Staff and faculty professional development enhancements ($100k) New website and hire of Digital Media Specialist Capital Enhancements Upgrade CCTV system ($50k) Middle School Beautification ($130k) Library Redesign / Enhancements ($150K) Other Security Enhancements ($250K) Questions? Thank You!