New School Update June 8, 2017 Who We Are Not-for-Profit Society - - PowerPoint PPT Presentation

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New School Update June 8, 2017 Who We Are Not-for-Profit Society - - PowerPoint PPT Presentation

New School Update June 8, 2017 Who We Are Not-for-Profit Society Day Care - Business 2010: 12 students 2008: 3 students 2016: 78 students 2016: 52 students Elementary School: Daycare: Kindergarten to


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SLIDE 1

New School Update
 


June 8, 2017

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SLIDE 2
  • 2010: 12 students
  • 2016: 78 students
  • Elementary School:


Kindergarten to Grade 6

  • 2008: 3 students
  • 2016: 52 students
  • Daycare: 


2.5 to 5 yrs

Who We Are

2017, we have 30+ waitlisted students plus an elementary waitlist. 3 unborn children are also on the daycare waitlist. WE ARE BURSTING AT THE SEAMS

Day Care - Business Not-for-Profit Society

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SLIDE 3

CASA 2.5 - 5yr/K

  • Casa 1
  • Casa 2
  • Casa 3 (Valleycliffe)

LOWER EL Grades 1-3

  • Lower El 1
  • Lower El 2

UPPER EL Grades 4-6

  • Upper El

Principal Lindsay Society Board of Directors Building Futures Michelle & Staff PAC Elementary & Staff: Daycare/Casa: Kindergarten student care is contracted by the Society to SMS Ltd (Michelle) in Casa’s

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SLIDE 4

Squamish Montessori is:

  • The 2nd largest AMI based school in BC
  • Provincially funded Independent School

receiving $330,000 Provincial Grants to supplement fee’s

  • Tuition and grants cover OPERATING

COSTS ONLY

  • Valuable alternative schooling option

alongside SD48, SD93/L’école Les Aiglons and Waldorf

  • Society recently awarded $429,000 Capital

Grant to build 50 new daycare spaces in Squamish

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SLIDE 5

Staff & Training

  • 18 Staff (14 full-time)
  • Qualified teaching staff are highly trained

with undergraduate degrees, Montessori diplomas and BC Independent Teacher Certification and in some cases Graduate Degrees

  • All Casa teachers have their Early

Childhood Education (ECE) Certification

  • We have trained >18 practicuum

students

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SLIDE 6

Our Quest for a New School

100+

DAY CARE CHILDREN

150+

CHILDREN 
 & FAMILIES

  • Began in 2007
  • DHD/Skyridge was the first feasible deal

presented 2 years ago and an amazing and unique opportunity

  • Due diligence took 2 years; to review

feasibility, create project structure, and review legal and financial considerations

  • Skyridge/DHD new school deal is only

possible through the vision and support of Jason Wood and his commitment to our Montessori School as a Parent and supporter of our communities long-term goal.

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SLIDE 7

Going Forward

New School Project: Squamish Montessori at Skyridge

2016

130 Students

✓ July 1st Tender Process Launch ✓ July 1st Interior Design Begins ✓ Aug 1st Request Building Permit ✓ October 1st Break Ground ✓ Projected Fall 2019 Opening

2018/9

150 + Students

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SLIDE 8

Squamish Montessori at Skyridge, 2018/19

75 Daycare children 50 Daycare Children (new spaces) 120 Grade K to 6 Kids (+/-100% increase)

At least 63 current children move to Skyridge

Forestry Building:

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SLIDE 9

The Deal:

  • The Society and DHD through it’s Skyridge development have

formed a new company (SMS Dev Corp) for the purpose of designing, developing, financing, building and operating a new school facility

  • The Skyridge development has sold a piece of land to SMS Dev

Corp for $0 down at approximately 25% of it’s market value if it was sold as building lots

  • The land will be used as collateral to fund a mortgage used to build

the new facility

  • The Society will lease the school for 10-15 years at a lease rate

equal to the mortgage payments

  • In 10-15 years, Skyridge will donate it’s ownership in SMS Dev Corp

to the Society and the Society will own the company, the school and the land outright

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SLIDE 10

Our Funds

$429k Grant $125k BF Funds Raised

Total Available Funds to Build School

Mortgage $3.2 to $4 Million

Value of the Land

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SLIDE 11

Work in Progress

  • Re-evaluating options to take best advantage of the

layout of the land and provide full opportunities for future expansion

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Our School

  • 6 Room School
  • 4 Elementary Classrooms
  • 2 Casa Classrooms
  • Dedicated washrooms for both CASA and Elementary
  • Office space and storage for both CASA and

Elementary

  • Cubbies and coat-hooks for all
  • Safe and accessible parking and drop off
  • Outdoor play space (covered and non-covered)
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SLIDE 13

Looking Ahead

  • Engage an Advancement

Superhero on commission (now)to lead the fundraising and donor management efforts

Potential Future Additions:

  • A Gym
  • A Multi Purpose Room
  • 2 more Elementary

Classrooms

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SLIDE 14
  • Join our Building Futures

fundraising team:

smesbuildingfutures@gmail.com

  • Attend meetings so that

you are aware of updates

  • Attend PAC meetings
  • Share your connections

for donations of goods and services

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