September18BoardBook

Inform | Engage | Connect 

September 13, 2018 

Dear Members of the Board, 

As you work your way through the enclosed materials that set the stage for our September 

19 th Board of Directors meeting, you will see that we have ambitious plans for our 2018/2019 

fiscal year. Simultaneously building a sustainable organization and pursuing a bold mission is 

what will define our work together over the next several months and provide the foundation 

for MeckEd to increase the sale and impact of its work for the years ahead. 

Transitions 

While the move from Uptown to the University South Business Park is the most obvious, the 

summer marked a number of significant transitions and accomplishments, including: 

• Transitioning our accounting services to a more stable platform, going from a single 

individual provider to a multiple person firm; 

• Transitioning our HR services, including payroll and benefits, to a firm that specializes 

in these services, resulting in a net savings and a broader benefit offering to our 

employees; and 

• Completing the Goals & Objectives portion of the Strategic Plan that was started as 

part of a collaborative approach with the Board of Directors last November. 

Charlotte NEXT 

In addition to having Tiyana Brown, Our Charlotte, NEXT Coordinator, selected to serve on the 

Board of the North Carolina After School Network, we: 

• Launched a second round of professional development for Out of School Time (OST) 

providers; 

• Brought five Out of School Time programs to three high-need middle schools; and 

• Entered into an agreement with UNCC’s Urban Institute to assist in the evaluation of 

Charlotte NEXT. 

Career Pathways 

In the area of one of our longstanding premier programs, we also experienced a number of 

accomplishments, including: 

• Receiving an accomplishment award from Charlotte Works for our Career Pathways’ 

Partnership with the Charlotte Area Transit System (CATS); 

• Celebrating Omar Parkes’ (one of our Career Pathways Coordinators) graduation from 

the Charlotte Civic Leadership Academy; 

• Having two Career Pathways students receive scholarships from CATS for a Heavy 

Diesel Certification program; 

• Expanding the Career Pathways Program to Harding High School and launching a new 

Career Pathways partnership at West Charlotte High School; and 

• In partnership with Charlotte Works, being awarded $75,000 for our Career Pathways 

program, recognizing its success in workforce development. 

5104 Reagan Drive | Suite 12 | Charlotte, North Carolina 28206 

(P) 704. 335. 0100 | info@mecked.org 

www.mecked.org


As you will see from the material, we have an ambitious but important agenda to cover at this 

meeting. Our discussions will include: 

• Endorsing the 2018/2019 goals and objectives proposed by the MeckEd Leadership 

Team; 

• Providing further clarity on the budget that was approved through an electronic vote 

of the Board earlier this year, along with discussions on some key forecast updates; 

• Electing a Vice-Chair and a Treasurer; 

• Considering nominations for additions to our nine member Board of Directors; 

• Discussing the investment of our surplus cash; and 

• Receiving updates on Charlotte NEXT and other activities and programs. 

In an effort to make our time together as efficient and effective as possible, we would 

encourage you to review the enclosed materials in advance of the meeting. We stand ready 

to answer any questions you might have about the agenda or enclosed materials. We look 

forward to an exciting year ahead and a productive meeting on September 19 th . 

Thank you for your commitment and service to MeckEd. 

Sincerely, 

Keith Butler 

Board Chair 

Ross Danis 

President 



www.mecked.org


Meeting of the Board of Directors 

Wednesday, September 19, 2018 

8:00am-10:00am 

University South Business Center 

1504 Reagan Dr. Suite 12, Charlotte, NC 28206 

Conference Line: 1 (515) 604-9300 | Access Code: 400786 

AGENDA 

• Welcome and Introductory Remarks:…………………………………………Keith Butler, Chair 

• Approval of June 6 Meeting Minutes……………………………………………………Keith Butler 

• Strategic Plan ‘18-’19|Goals and Objectives: Discussion and Request for Approval: 

Ross Danis and Directors: Shelly Biby, Rashaan Peek, Anisa Smith 

• FY 2018-’19 Forecast Budget: Discussion and Request for Approval……..Keith Butler 

(Ross Danis, Shelly Biby, Rashaan Peek) 

• Investment Strategy: Discussion and Decisions…………………………………….Keith Butler 

• Charlotte NEXT: Overview and Update……………………………Tiyana Brown, Ross Danis 

• Governance: Discussion and Decisions…………………Keith Butler, Erik Lioy, Chris Cope 

• President’s Report………………………………………………………………………………… Ross Danis 

• Old/New Business 

• Motion to Adjourn…………………………………………………………………………………Keith Butler 



www.mecked.org

MeckEd Board of Directors 

June 6, 2018 

Meeting Minutes 

Present: Erik Lioy, Chris Cope, Bill Leonard, Jane Lewis-Raymond, Wes Jones, Jennifer Roberts. 

Phone: Keith Butler, Sheryl Craun 

Staff: Tiyana Brown, Ross Danis, Oteia Douglas, Omar Parkes, Anisa Smith, Rashaan Peek 

Students: Amy Moboti, Amaris Geebey, and Joseline Arriada 

Guest: Parker Melvin 

OPERATIONS 

Ross shared news that MeckEd will be moving from 129 W. Trade Street to 5104, Suite 12, 

Reagan Drive on August 3. The new location has a local ownership group, ample free parking, 

reduced lease rates, and is closer to a substantial number of students and schools that MeckEd 

serves. The Sugar Creek area is becoming a gateway area with transformative development 

having either been approved and/or in the planning phases. 

Parker Melvin, the real estate broker who assisted in helping MeckEd secure its new location 

spoke briefly about the process, the lease, and the area. 

IMPACT 

Student guests and Career Pathways participants Amy Moboti, Amaris Geebey, and Joseline 

Arriada spoke to the Board about their experiences and how their lives have been impacted as 

a result. 

Board member Bill Leonard responded positively to the student presentations (along with other 

board members) and endorsed the quality of the students and the impact of the program. 

DEVELOPMENT 

Shelly submitted and discussed the current state of development. Based on the report we will 

end this fiscal year with an increase in Charlotte Works funds. MeckEd raises funds to serve 

students who fall above the income guidelines mandated by Charlotte Works through a federal 

grant. Duke Energy committed $7,000 and Bank of America committed $25k. 

The team will ask Sally Gambrell and the Gambrell Family Foundation for a renewal in early fall 

2018. 



www.mecked.org

The focus is now on the selection and implementation of a donor database (CRM) and working 

with Apparo on a technology audit. 

Jane asked what the overall funding goal will be and suggested we add crowdfunding for 

specific requests/projects. 

TRANSITION/OPERATIONS 

Ross indicated that MeckEd was embarking on a significant transition. He pointed out that nonprofits 

go through predictable life cycles and the Start Up phase is not a function of time as 

much as it is organizational development and maturity. After approximately 27 years operating 

essentially as a Start Up, MeckEd would be engaged in a transition, over the next six to eight 

months, to a more systematized and sustainable organization. He concluded that such 

transitions can be complex and that every effort will be made to maintain the core values and 

culture that brought MeckEd to this place while simultaneously creating and managing more 

sophisticated processes, policies and procedures. 

Over the next six to eight months, staff, in addition to moving MeckEd’s entire operations, will 

be focused on facilitating transitions that include: 

● Selecting and integrating sophisticated donor management software. 

● Payroll Services and HR 

● Health Benefits 

● Finance and Accounting 

● Wireless phone service 

● IT/Internet providers 

GOVERNANCE 

Ross indicated that this would be Erik Lioy’s last meeting as chair of the Board and thanked him 

for his service. Further, he indicated that Keith Butler would be taking over as chair in FY’19. An 

incoming Vice Chair was not identified. 



www.mecked.org

FINANCE/BUDGET ’19 

Note: A review of previous meeting agendas indicates that the proposed FY’19 budget had been 

submitted to and reviewed by the Internal Affairs Committee (5/18), External Affairs (5/18) and 

Executive Committee (5/18.) 

Discussion: Regarding the proposed FY’19 Budget: Board members raised questions and 

made requests: 

● Need to have actuals before the budget can be approved 

● Want more information on Charlotte NEXT, specifically how has the money been spent 

and where is it coming from moving forward. 

● What is the process for putting the budget together? 

● Jennifer Roberts stated that substantial funds should not be sitting in a checking account 

not making any money for the organization. Even modest growth would be better than 

no growth on surplus funds. 

● Board members discussed options including those that would offer a range of liquidity. 

● Incoming chair Keith Butler stated that he would look into investment strategies and 

considerations for non-profit boards. 

● Board members agreed to review and vote on the budget electronically. 

● The staff asked for Board input and advice related to money management strategies. 

The meeting was adjourned at 5:37pm 



www.mecked.org

FY18-19 Goals 

www.mecked.org


FY ‘19 PROGRAM GOALS 

September 2018 

STATUS UPDATE 

Goal #1: Increase the opportunities for students to develop the skills and experiences that lead 

to productive and successful lives. 

Targets 

1. Increase the number and types of internships from 75 to 95 and increase meaningful 

work-based learning opportunities from 275 to 400. 

2. Expand the number and types of business and industry partners in hot from 75 to over 

80. 

3. Through a partnership with STEM Explorers, engage at least 100 middle and high school 

students in at least one virtual learning experience. 

4. Expand the number and type of work-based learning experiences in high growth career 

fields. 

5. Facilitate at least 5 teacher job shadows and 2 education internships. 

6. Complete and submit the RFP for continued funding through Charlotte Works. 

7. Gather, cataloging, and make available, career appropriate attire as needed. 

8. Incorporate at least 1 new method for tracking student success beyond high school. 

9. Fully operationalize Career Pathways at Harding High School and expand the program into 

West Charlotte HS. 

1

Goal #2: Increase the visibility and recognition of Career Pathways as a successful workforce 

development initiative across the business, philanthropic, and school communities serving 

Mecklenburg County. 

Targets 

10. Update and improve the number, variety, and distribution of marketing materials. 

11. Consistently share success stories across multiple traditional and social media platforms. 

Goal #3: MeckEd Youth Advisory Board. Increase the impact students have on the 

development and implementation of district policy related to college and career readiness. 

Targets 

12. Create a vehicle for high school student voices to be heard and used to inform district 

policy 

13. Establish a forum for the advisory group to meet regularly with school, district, and 

community leadership. 

Goal #4: MeckEd Navigators. Create opportunities for adults in Mecklenburg County to support 

students by providing social capital and navigational advice. 

Targets 

14. Promote opportunities on MeckEd’s website. 

15. Solicit names and identify skills of potential navigators in MeckEd’s network. 

2

Goal #1: Secure at least 1 million in funding for FY’20 to support planned program expansion. 

Targets 

1. Cultivate and solicit funding from donors interested in OST. 

Goal #2: Evaluate the impact of the school partnership pilot projects and use the findings to 

inform FY ’20 program design and implementation. 

Targets 

2. Partner with UNCC for research/evaluation. 

3. Collect data from partners schools and participating students and families. 

4. Analyze, distribute, and apply the findings. 

Goal #3: Increase the number of views to over 10,000 on the Locator and number of program 

sites to at least 425. 

Targets 

5. Include the Locator on Charlotte NEXT and MeckEd e-newsletters. 

6. Conduct at least 3 demonstration events in 3 different regions of the city to increase 

awareness and usage. 

3

Goal #4: Ensure that in FY’19, over 220 students receive over 5,000 hours of high-quality 

OST. 

Targets 

7. Host 5 Professional Development sessions for program providers. 

8. Conduct 3 site visits and provide feedback per program. 

9. Apply nationally recognized quality standards for OST to the distribution of Charlotte 

NEXT funds. 

Goal #5: Establish MeckEd as the regional intermediary for providing high quality OST 

programs for young people in Mecklenburg County. 

Targets 

10. Build and sustain Charlotte NEXT Advisory Board. 

11. Incorporate Charlotte Next into annual events (Teachers of Excellence and Annual 

Community Breakfast). 

Goal #6: Launch a Funders Collaborative focused on coordinating and aligning support to 

ensure that all Title 1 middle schools in CMS have high quality OST programs available for all 

students. 

Targets 

12. Research models to determine structure of the Collaborative. 

13. Secure at least three funding partners to launch the Collaborative. 

4

Goal #1: Ensure that all education stakeholders have the information they need to make 

good choices on behalf of our children and their learning. 

Targets 

1. Provide news blasts that clarify community conversations around current or emerging 

education issues. 

2. Create a MeckEd Podcast that spotlights issue’s central to MeckEd’s mission- OST, CP, 

CTE, Opportunity, etc. 

3. Increase the individual and collective impact of educators, parents, funders, city, district, 

and state leaders in order to improve educational outcomes for all students, particularly 

in the East. 

4. Hold two annual events that educate and engage audience members. 

5. At least three Teachers of Excellence award winners participate in or assist in leading 

community conversations related to current or emerging educational issues. 

5

FINANCE 

www.mecked.org

MECKED 

Variance 

2018/2019 Fiscal Budget 2017/2018 Fiscal Budget Variance Notes 2017/2018 Actuals 18/19 B vs. 17/18 A Notes 

Revenue Sources 

Assets released from restriction $ 463,750 $ 12,500 $ 451,250 A $ - $ 463,750 AA 

Interest from investment account $ 5,000 $ - $ 5,000 

$ - $ 

5,000 

Corporate $ 158,750 $ 277,750 $ (119,000) B $ 149,450 $ 

9,300 

Grants/Foundations $ 1,222,000 $ 841,751 $ 380,249 C $ 1,685,705 $ (463,705) BB 

Individuals $ 20,000 $ 70,000 $ (50,000) D $ 17,920 $ 

2,080 

Program Revenue - Charlotte NEXT $ 2,000 $ - $ 2,000 

$ 1,726 $ 

274 

Events $ 75,000 $ 100,000 $ (25,000) E $ 57,760 $ 17,240 CC 

Other $ - $ - $ - 

$ - $ 

- 

Total Revenue $ 1,946,500 $ 1,302,001 $ 644,499 

$ 1,912,561 $ 

33,939 

Operating Expenses 

Salaries & Benefits $ 777,000 $ 575,332 $ 201,668 F $ 632,935 $ 144,065 DD 

Professional Fees (Accounting) $ 21,000 $ 20,800 $ 200 

$ 14,269 $ 

6,731 

Audit, 990 & 5500 Fees $ 5,500 $ 5,000 $ 500 

$ 4,650 $ 

850 

Contract Personnel/Consultants/Speakers $ 67,000 $ 104,500 $ (37,500) G $ 163,857 $ (96,857) EE 

Professional Development $ 2,550 $ 56,500 $ (53,950) H $ 565 $ 

1,985 

Employee Parking $ - $ - $ - 

$ 10,005 $ 

(10,005) 

Internet $ 1,800 $ 1,800 $ - 

$ 2,014 $ 

(214) 

Supplies $ 9,350 $ 9,000 $ 350 

$ 6,256 $ 

3,094 

Telephone $ 5,400 $ 4,200 $ 1,200 

$ 4,214 $ 

1,186 

Postage $ 1,188 $ 1,388 $ (200) 

$ 332 $ 

856 

Occupancy/Rent $ 45,936 $ 26,120 $ 19,816 I $ 31,485 $ 14,451 FF 

Upfits $ 22,000 $ - $ 22,000 J $ - $ 22,000 GG 

Equipment/Technology $ 16,849 $ 15,052 $ 1,797 

$ 13,943 $ 

2,906 

Printing/Publishing $ 8,960 $ 8,540 $ 420 

$ 2,387 $ 

6,573 

Subscriptions $ 400 $ 400 $ - 

$ 202 $ 

198 

Travel $ 19,073 $ 16,873 $ 2,200 

$ 14,266 $ 

4,807 

Conferences $ 14,300 $ 13,300 $ 1,000 

$ 8,210 $ 

6,090 

Business Meetings/Event Venue $ 59,704 $ 60,000 $ (296) 

$ 45,452 $ 14,252 HH 

Board Meetings & Support $ 900 $ 900 $ - 

$ 45 $ 

856 

Membership Dues $ 2,000 $ 2,000 $ - 

$ 1,309 $ 

691 

Insurance (Commercial, WC, & D&O) $ 5,500 $ 5,458 $ 42 

$ 4,356 $ 

1,144 

Grants/Mini-Grants $ 210,000 $ - $ 210,000 K $ 87,109 $ 122,891 II 

Participant Expenses (Career Pathways) $ 247,012 $ 129,612 $ 117,400 L $ 227,715 $ 19,297 JJ 

STEMersion $ - $ 30,000 $ (30,000) M $ 5,000 $ 

(5,000) 

Bad Debt (Unfulfilled Pledges) $ - $ - $ - 

$ 5,000 $ 

(5,000) 

Overhead allocation $ - $ - $ - 

$ - $ 

- 

Miscellaneous $ - $ 3,557 $ (3,557) 

$ 5,226 $ 

(5,226) 

Other $ - $ - $ - 

$ - $ 

- 

Total Operating & Other Expenses $ 1,543,422 $ 1,090,332 $ 453,090 

$ 1,290,800 $ 

252,622 

Total Net Suplus/(Deficit) $ 403,078 $ 211,669 $ 191,409 

$ 621,761 $ 

(218,683)


FY’17-’18 and FY ’18-’19 

Budget Detail 

This information specifically addresses significant variance between FY ‘17-’18 and FY’18-’19 

Budgets and FY’17- ‘18 and FY’18- ‘19 Actuals. See companion spreadsheet to identify 

corresponding footnotes. 

Budget Variance 

Revenue 

A) These funds have been and will continued to be restricted for Out of School Time. The plan 

is to recommend investing a Board approved portion of these funds, and holding a portion 

as reserve as additional revenue to support OST is raised during FY’19. 

B) Corporate grants did not meet expectations in FY’17-’18. 

C) $1,000,000 of the $1,222,000 dollars raised are from one foundation. 

D) Individual donations did not meet expectations in FY’17-’18. 

E) Events did well but fell short of ambitious goals. 

Expenses 

F) Added 2 FTEs (CP/CN). Increased Payroll Service Fees/Decreased Benefits Costs. 

G) Skookum was contracted to upgrade the Locator. Schermco Consulting and Leading for 

Change will remain in this line for FY’19. 

H) Moved CN Professional Development to Contract Line and $1,000 incentives to Participant 

Expenses. 

I) Substantially reduced SqFt costs ($27 to $12.50) and doubled the size (1,500 to 3,000SqFt), 

eliminated parking fees, added utilities and janitorial services. 

J) Interior design, paint, carpet, equipment, appliances, furniture. 

K) CN Grants for OST Program Providers 

L) Increase in Career Pathways paid internships/$1,000 stipends for each program provider 

completing 5 session PD for CN 

M) STEMersion has been folded into Career Pathways and the line has been eliminated.

Actuals Variance 

AA) These funds are restricted for OST 

BB) Fundraising exceeded expectations resulting in a one-million-dollar grant award. 

CC) Staff have reassessed the financial goals of our two major fundraising events and anticipate 

meeting goals in FY’18-’19. 

DD) Added 2FTEs (CP/CN); Increased Payroll Service Fees; Decreased Benefit Costs. 

EE) Moved CN Professional Development to Contract Line and $1,000 incentives to participate 

in PD program for OST providers to Participant Expenses. 

FF) Lease requires occupants to pay for janitorial services and supplies, utilities, and security. 

GG) One-time expenses related to moving including removing walls, purchasing equipment, 

appliances, painting, lighting, and furniture. 

HH) Prices for event venues and events were favorably negotiated and tightly managed. 

II) 

The CN RFP and Grants to Program Providers was facilitated after the ’17-’18 budget was 

approved. Only half of the amount awarded to each recipient was distributed in FY’17-’18. 

JJ) The number of paid internships varies based upon funding. Additional funding became 

available for internships during FY’17-FY’18 as well as increased funding for FY’18-FY’19.

MECKED 

FINANCIAL DEVELOPMENT TRACKING SHEET 

REVENUE SOURCES 

Date Applied For or Probability Forecasted 

2018/2019 Targeted Amount Program/Purpose Funds Requested Weighting Amount Notes 

CORPORATE 

Wells Fargo $ 30,000.00 Operating 6/1/18 100.00% $ 30,000.00 Approved 

BOSCH $ 5,000.00 Career Pathways 6/1/18 100.00% $ 5,000.00 October Decision 

CD Spangler $ 20,000.00 Career Pathways TBD 75.00% $ 15,000.00 Requested Meeting 

TIAA $ 30,000.00 Operating 1/1/19 100.00% $ 30,000.00 Annual Donation 

Bank of America $ 25,000.00 Operating 2/1/19 100.00% $ 25,000.00 Annual Donation 

Duke Energy $ 15,000.00 Career Pathways 2/25/19 100.00% $ 15,000.00 Workforce Development Grant Cycle 

Atrium $ 8,750.00 Career Pathways 10/1/18 100.00% $ 8,750.00 Maximize Carolina Match 

Allen Tate $ 15,000.00 Operating 12/1/18 50.00% $ 7,500.00 Annual fundraising event 

ReEmprise $ 25,000.00 Charlotte Next TBD 50.00% $ 12,500.00 Requested Meeting 

MSC $ 30,000.00 Career Pathways 5/3/18 75.00% $ 22,500.00 November Decision 

GRANTS/FOUNDATIONS 

Women's Impact Fund $ 50,000.00 Career Pathways 5/1/19 100.00% $ 50,000.00 Approved 

Z Smith Reynolds $ 50,000.00 Operating 12/3/18 50.00% $ 25,000.00 New grant requirements 

Gambrell Family Foundation $ 500,000.00 Operating TBD 50.00% $ 250,000.00 Operations Support 

Year 2 Gambrell Grant $ 463,720.00 Charlotte Next 100.00% $ 

463,720.00 

Speedway Children's Charities $ 15,000.00 Career Pathways 8/2/18 80.00% $ 12,000.00 November Decision 

FFTC - Children Youth Fund $ 30,000.00 Charlotte Next 4/25/19 50.00% $ 

15,000.00 

FFTC - Social Capital Grant $ 10,000.00 Career Pathways 10/5/18 75.00% $ 7,500.00 December Decision 

INDIVIDUALS 

Board Campaign $ 10,000.00 Operations 100.00% $ 

10,000.00 

Others $ 10,000.00 Operations 75.00% $ 

7,500.00 

PROGRAMS 

Teachers of Excellence $ 35,000.00 Operations 5/4/19 75.00% $ 26,250.00 April Event 

Community Breakfast $ 40,000.00 Operations 11/13/18 75.00% $ 30,000.00 November Event 

Charlotte Works $ 522,000.00 Career Pathways 100.00% $ 522,000.00 Includes Maximize Carolina money 

Charlotte Next Revenue $ 2,000.00 Charlotte Next 100.00% $ 2,000.00 Program Payments 

Total Funding Revenue $ 1,941,470.00 

$ 

1,592,220.00

MeckEd 

STATEMENT OF ACTIVITY 

August 2018 

TOTAL 

AUG 2018 

JUL - AUG, 2018 (YTD) 

Revenue 

4000 Contributions - Corporations 10.00 20.00 

4200 Contributions - Foundations 30,300.00 30,300.00 

4300 Contributions - Individuals 1.00 

4400 Charlotte Works Grant 54,158.13 90,005.29 

Total Revenue $84,468.13 $120,326.29 

GROSS PROFIT $84,468.13 $120,326.29 

Expenditures 

5100 Salaries 57,463.34 108,703.48 

5110 Employee Benefits -1,148.43 4,128.76 

5120 Employee Parking 975.00 2,005.00 

5130 Retirement Benefits 1,603.89 3,130.51 

5140 Payroll Tax Expense 4,784.24 

5141 Other Payroll Fees 4,430.34 4,430.34 

5142 PEO Service Fees 63.23 63.23 

5200 Professional Fees 5,275.00 12,524.67 

5225 Technology & Internet 216.89 230.82 

5310 Supplies 995.05 1,225.98 

5320 Telephone 925.17 2,063.55 

5330 Postage & Delivery 148.90 148.90 

5340 Occupancy - Rent 3,002.08 6,364.19 

5350 Equipment & Tecnology 13.30 409.30 

5361 Advertising 30.00 

5370 Travel 357.96 746.05 

5378 Conferences 1,175.00 2,189.00 

5380 Business Meetings 216.72 5,087.51 

5400 Insurance 254.50 254.50 

5454 Participant Expenses 

5455 Participant Training 3,555.00 3,555.00 

5460 Participant Support 2,596.62 9,823.16 

5462 Participant Misscellaneous 416.39 

5465 Participant Compensation 19,200.83 39,713.33 

5466 Participant Payroll Taxes 572.15 995.82 

Total 5454 Participant Expenses 25,924.60 54,503.70 

5500 Miscellanous 1,011.09 1,047.61 

Total Expenditures $102,903.63 $214,071.34 

NET OPERATING REVENUE $ -18,435.50 $ -93,745.05 

Other Expenditures $1,071.24 $1,136.31 

NET OTHER REVENUE $ -1,071.24 $ -1,136.31 

NET REVENUE $ -19,506.74 $ -94,881.36 

Accrual Basis Tuesday, September 11, 2018 11:08 AM GMT-7 1/1

MeckEd 

BUDGET VS. ACTUALS 

July 2018 - June 2019 

TOTAL 

ACTUAL BUDGET REMAINING 

Revenue 

4000 Contributions - Corporations 30.00 454,845.00 454,815.00 

4200 Contributions - Foundations 30,300.00 530,000.00 499,700.00 

4300 Contributions - Individuals 1.00 -1.00 

4400 Charlotte Works Grant 90,005.29 492,905.00 402,899.71 

4720 Program Revenue - NEXT 510.00 -510.00 

Total Revenue $120,846.29 $1,477,750.00 $1,356,903.71 

GROSS PROFIT $120,846.29 $1,477,750.00 $1,356,903.71 

Expenditures 

5100 Salaries & Benefits 117,967.75 803,392.00 685,424.25 

5140 Payroll Taxes & Fees 9,277.81 17,500.00 8,222.19 

5200 Professional Fees 12,524.67 86,501.00 73,976.33 

5210 Professional Development 2,550.00 2,550.00 

5225 Technology & Internet 230.82 1,800.00 1,569.18 

5310 Supplies 923.66 9,350.00 8,426.34 

5320 Telephone 2,938.24 5,400.00 2,461.76 

5330 Postage & Delivery 148.90 1,188.00 1,039.10 

5340 Occupancy - Rent 6,364.19 45,936.00 39,571.81 

Office Upfit 1,112.27 22,000.00 20,887.73 

Total 5340 Occupancy - Rent 7,476.46 67,936.00 60,459.54 

5350 Equipment & Tecnology 409.30 15,092.00 14,682.70 

5360 Printing & Publishing 8,960.00 8,960.00 

5361 Advertising 30.00 -30.00 

5365 Subscriptions 400.00 400.00 

5370 Travel 746.05 19,073.00 18,326.95 

5378 Conferences 2,189.00 14,300.00 12,111.00 

5380 Business Meetings 5,087.51 60,229.00 55,141.49 

5381 Board Meetings 375.00 375.00 

5390 Membership Dues 2,000.00 2,000.00 

5400 Insurance 254.50 5,500.00 5,245.50 

5454 Participant Expenses 55,635.55 254,011.00 198,375.45 

5500 Miscellanous 543.53 1,757.00 1,213.47 

6100 Grants Awarded 210,000.00 210,000.00 

Total Expenditures $216,383.75 $1,587,314.00 $1,370,930.25 

NET OPERATING REVENUE $ -95,537.46 $ -109,564.00 $ -14,026.54 

Other Expenditures $1,136.31 $0.00 $ -1,136.31 

NET OTHER REVENUE $ -1,136.31 $0.00 $1,136.31 

NET REVENUE $ -96,673.77 $ -109,564.00 $ -12,890.23 

NOTE: BUDGET EXCLUDES $463,750.00 Reclass of Net Assets 

Accrual Basis Wednesday, September 12, 2018 11:19 AM GMT-7 1/1

MeckEd 

Income Statement Charlotte Next 

For the Twelve Months Ending June 30, 2018 

Page: 1 

Current Month 

Year to Date 

Revenues 

Program Revenue-NEXT $ 0.00 0.00 $ 1,726.00 100.00 

Total Revenues 0.00 0.00 1,726.00 100.00 

Cost of Sales 

Total Cost of Sales 0.00 0.00 0.00 0.00 

Gross Profit 0.00 0.00 1,726.00 100.00 

Expenses 

Salary-Next 7,225.00 0.00 53,253.85 3,085.39 

Health Insurance-Nexte 621.22 0.00 3,983.23 230.78 

Employee Parking-Next 165.00 0.00 495.00 28.68 

Retirement-Next 216.75 0.00 1,477.62 85.61 

Employer's PR Tx-Next 547.64 0.00 4,055.97 234.99 

Accounting Fees - Next 150.00 0.00 1,781.25 103.20 

Prof Fees - NEXT 19,087.72 0.00 119,731.56 6,936.94 

Prof Development-NEXT 0.00 0.00 14,000.00 811.12 

Supplies-Next 0.00 0.00 90.97 5.27 

Equip-NEXT 32.75 0.00 57.75 3.35 

Printing - NEXT 0.00 0.00 272.00 15.76 

Travel - Next 0.00 0.00 2,269.18 131.47 

Meetings-Next 308.11 0.00 5,708.52 330.74 

Total Expenses 28,354.19 0.00 207,176.90 12,003.30 

Net Income $ (28,354.19) 0.00 $ (205,450.90) (11,903.3 

For Management Purposes Only


Investment Policy Statement 

I. MISSION STATEMENT 

II. 

OVERVIEW 

III. DEFINITION OF DUTIES 

IV. OBJECTIVES 

V. PERFORMANCE MEASUREMENT 

VI. GUIDELINES/RESTRICTIONS 

VII.ACKNOWLEDGEMENT

MISSIONSTATEMENT 

MeckEd is a 501(c) (3) organization whose purpose is to seek and acquire charitable gift support from 

individuals, businesses, organizations, corporations and foundations to support the goals of the entity. As 

an official charity, funds received and managed by MeckEd are designed to ensure that all young people 

in Mecklenburg County, North Carolina are equipped with the knowledge, skills, and experiences to lead 

productive and successful lives. 

PURPOSE 

OVERVIEW 

1. This is a statement of the investment objectives and policies that govern the management of 

the investment assets of MeckEd. 

2. This Policy Statement is established to ensure that the assets will be invested in a prudent manner 

consistent with the investment objectives clearly stated in this document. This policy further describes 

the standards utilized in constructing and monitoring the overall portfolio, as well as the criteria for 

retaining, overseeing and evaluating investment advisors. It is anticipated that this statement will be in 

effect until modified. The Investment Policy Statement (IPS) will be reviewed annually by the 

Investment Committee with recommended changes brought to the Board of Directors (Board) for 

approval. 

SCOPE 

This Policy applies to assets that are included in MeckEd’s investment portfolio for which the Investment 

Committee and the Investment Advisor have discretionary investment authority. 

FIDUCIARY DUTY 

In seeking to attain the investment objectives set forth in the policy, the Investment Advisor shall exercise 

prudence and appropriate care in accordance with the Prudent Investor Rule. All investment actions and 

decisions must be based solely in the interest of the MeckEd. Fiduciaries must provide full and fair 

disclosure of all material facts regarding any potential conflicts of interests. 

LAWS AND REGULATIONS 

The management of the Portfolio is governed by the Uniform Prudent Management of Institutional Funds Act 

(UPMIFA) as adopted by the North Carolina General Assembly in March of 2009. 

1

BOARD OF DIRECTORS 

DEFINITIONOFDUTIES 

The Board has the ultimate fiduciary responsibility for MeckEd’s investment portfolio. The Board must 

ensure that appropriate policies governing the management of the investment portfolio are in place and 

that these policies are effectively implemented in accordance with the IPS. To implement these 

responsibilities, the Board approves the IPS and delegates responsibility to the Investment Committee 

for ongoing monitoring and oversight. 

INVESTMENT COMMITTEE 

The Investment Committee is responsible for recommending the overall Investment Policy that is sent to 

the Board for approval. This responsibility includes approving investment strategy, oversight of the 

Investment Advisor, monitoring performance of the investment portfolio and maintaining sufficient 

knowledge about the portfolio so as to be reasonably informed of compliance with the IPS. The 

Investment Committee’s review of the portfolio will include: 

1. Adherence to IPS (definded on page 1) guidelines; 

2. Material changes in the Investment Advisor’s organization, investment philosophy and/or personnel; 

3. The Board’s continuing confidence in the Investment Advisor; 

4. Performance comparisons with appropriate benchmarks and peer group. 

INVESTMENT ADVISOR 

The Investment Advisor is responsible for all aspects of managing and overseeing the Investment Assets 

of MeckEd’s Portfolio. On an ongoing basis the Investment Advisor will: 

1. Implement the overall investment strategy, including the asset allocation stated in the IPS and 

the selection/termination of securities and/ or investment managers within these investment 

policy guidelines; 

2. Monitor the asset mix and allocate assets within these investment policy guidelines; 

3. Provide the Investment Committee with quarterly performance reports within 30 days 

following the end of the quarter; 

4. Assist the Investment Committee periodically with a review of the IPS, including an 

assessment of the current asset allocation, spending policy and investment objectives; and 

5. Supply the Investment Committee with other reports or information as reasonably requested. 

2

OBJECTIVES 

The investment objectives of MeckEd are to manage the Portfolio in a manner that will maximize the 

benefits intended by donors, support the programs of the Fund and to generate sufficient long term 

growth of capital, without undue exposure to risk, to provide a sustainable level of spending distributions, 

as well as enhance the real (adjusted for inflation) purchasing power of the investments. 

MeckEd’s investment objective is reflective of long-term growth of assets to keep pace with inflation. 

Due to MeckEd being an institution perpetual in nature, the portfolio should be viewed long term in its 

entirety, avoiding decisions based solely on short-term concerns and individual investments. The 

inevitability of the short-term market fluctuations is tolerable to allow for “real” growth of assets. A 

diversified investment structure, which is identified under the “Asset Allocation” section of this 

statement, is utilized in order to provide participation in rising markets, while mitigating risk in falling 

markets. 

ASSET ALLOCATION 

Disciplined management of the asset mix among classes of investments is both a necessary and desirable 

responsibility that is required under UPMIFA. In the allocation of assets, diversification of investments among 

asset classes that are not similarly affected by economic, political, or social developments is expected. 

Consequently, the general policy shall be to diversify investments so as to provide a balance that will enhance 

total return, while avoiding undue risk concentrations in any single asset class or investment category. The 

diversification does not necessarily depend upon the number of industries or companies in a portfolio or their 

particular location, but rather upon the broad nature of such investments and of the factors that may influence 

them. 

The Investment Advisor will actively manage the asset allocation based on their determination of market 

valuations, but remain within the ranges at all times. Should any category move out of acceptable range due to 

market movements, the Investment Advisor will use prudence in rebalancing the portfolio, either immediately or 

over the subsequent few months. The plan of action will address the specific circumstances and needs 

pertaining to MeckEd and its needs. 

3

Asset Class 

Long- 

Term 

Target Min Max Benchmark 

US Equities 30% 15% 50% S&P 500 

Large Cap Equities 15% 50% S&P 500 

Mid Cap Equities 0% 15% Russell Mid Cap 

Small Cap Equities 0% 15% Russell 2000 

International Equities 15% 5% 30% MSCI Eafe 

Developed International 5% 25% MSCI Eafe 

International Small Cap 0% 10% MSCI Eafe Small 

Emerging Market Equities 0% 15% MSCI Emerging 

Fixed Income 30% 20% 40% Barclays Aggregate Bond Index 

Diversified Fixed Income 5% 30% Barclays Aggregate Bond Index 

Treasury Inflation Protected Securities 0% 20% Barclays Capital U.S TIPS 

High Yield 0% 10% Merrill Lynch High Yield Master 

Emerging Market Debt 0% 10% 

Merrill Lynch Emerging Mkt 

Sovereign/Corporate 

International Fixed Income 0% 10% Merrill Lynch Global Broad Market 

Alternative Investments 15% 0% 35% CSFB Tremont Hedge Fund Index 

Real Estate (ETFs) 0% 10% NAREIT 

Commodities (ETFs) 0% 10% S&P GSCI Index 

Hedged Equity Funds 0% 20% CSFB Tremont Hedge Fund Index 

Cash 0% 0% 20% 

ASSET CLASS GUIDELINES 

Domestic Equities: 

The decision to invest in domestic equities encompasses the 

expectation that over long periods of time investors are rewarded 

with higher returns by assuming risk. Equities may consist of 

individual stocks listed on the New York, America, or NASDAQ 

exchanges, or mutual funds or exchange traded funds (ETFs). 

Performance will be evaluated against a relevant style-oriented 

benchmark and peer group. It is expected that each active portfolio 

will achieve a return over a full market cycle in excess of the 

benchmark. 

International and Emerging Equities: 

The decision to diversify internationally is based on expected 

benefits of improved return from an increased investment 

universe and the expected reduction of portfolio volatility. Equities 

may consist of individual stocks, mutual funds or exchange traded 

funds (ETFs). 

Performance will be evaluated against relevant international 

benchmarks and peer groups. 

Alternative Investments: 

The decision to diversify into alternative investments is based on the 

expectation that this asset class will seek to improve the 

risk/reward profile of a traditional portfolio, provide low correlation 

to equities and fixed income, and provide attractive returns with low 

volatility. 

4

Performance will be evaluated against relevant benchmarks and peer 

groups. 

Fixed Income: 

The decision to diversify into fixed income investments is based on 

the expectation that allocations to this asset class will 

reduce volatility of the total fund, provide liquidity for unanticipated 

cash needs, and generate a relatively stable cash flow. 

The Investment Advisor may select from preferred stocks, corporate 

debt securities, obligations of the U.S. Government and its 

agencies, taxable securities of municipal and state governments and 

securities convertible to equities. The Investment Advisor may also 

purchase open or closed end mutual funds or exchange traded 

funds (ETFs). Performance will be evaluated against relevant styleoriented 

benchmarks and peer groups. It is expected that the fixed 

income portfolio will achieve a return over a full market cycle in 

line with the (Barclay’s Aggregate Bond Index). 

Cash: 

The level of cash retained in the account will be a function of 

accumulated cash flow, the timing of reinvestment and cash 

needs of the foundation. 

SPENDING POLICY 

The spending policy attempts to balance the long-term objective of maintaining the purchasing power of 

MeckEd with the goal of providing a sustainable level of spending. Subject to gift instruments and 

statutory requirements, distribution is determined by a total return system. The amount to be spent in the 

coming year is calculated each year and is reviewed and approved by MeckEd’s Board of Directors 

annually. 

PERFORMANCEMEASUREMENT 

All investment returns shall be measured net of fees. 

TIME HORIZON 

The Investment Committee seeks to achieve the investment objectives over a full market cycle. The Investment 

Committee does not expect that all investment objectives will be attained in each year and recognizes that over 

various time periods, the portfolio may produce significant over or under performance relative to the broad 

markets. For this reason, long-term investment returns will be measured over a 5-year moving period. 

PRIMARY BENCHMARK 

The objective of MeckEd is to achieve a total return greater than the Consumer Price Index +5%. 

5

RISK PARAMETERS 

The Investment Committee acknowledges that some risk to the value of the Fund must be accepted in order to 

achieve the Fund’s long-term investment objectives. Fluctuations in market value and rates of return are 

acceptable in order to achieve long-term objectives. The volatility (beta) is expected to be no greater than 1.2 

versus the Policy Benchmark. 

MeckEd’s policy is to minimize the risks listed below by buying a diversified mixture of approved 

investments. The following risks have been identified in order of importance: 

• Market Risk: Risk that the value of investments may decline over a given time period simply 

because of economic changes or other events that impact large portions of the market. 

• Inflation Risk: The possibility that the value of assets or income will decrease as inflation shrinks the 

purchasing power of a currency. Inflation causes money to decrease in value at some rate, and does so 

whether the money is invested or not. 

• Interest Rate Risk: The risk that an investment’s value will change due to a change in the absolute 

level of interest rates, in the spread between two rates, in the shape of the yield curve, or in any 

other interest rate relationship. Interest rate risk affects the value of bonds more directly than stocks, 

and it is a major risk to all bondholders. 

• Credit Risk: The risk that an issuer or other counterparty to an investment will not fulfill its 

obligations. MeckEd’s Board has a formal policy that addresses credit risk. The policy states that 

the funds are to be allocated within the range found on the asset chart on page 4. The general 

policy shall be to diversify investments so as to provide a balance that will enhance total return, 

while avoiding undue risk concentrations in any single asset class or investment category. Refer to 

the chart of assets. 

• Concentration Risk: The risk of loss attributable to the magnitude of an investment in a single issuer. 

• Custodial Credit Risk: Custodial credit risk is the risk that, in the event of the failure of the 

counterparty, MeckEd will not be able to recover the value of its investments or collateral 

securities that are in the possession of an outside party. Currently, MeckEd does not participate in 

a securities lending program and counterparty risk is not material. With regard to the safety of 

assets held by the custodian (recommended by the Investment Advisor and approved by the 

Investment Committee) and in the event of the broker/ dealer failure, the assets held do not 

become assets of the broker/dealer (title is held by accounts owner(s)). As such, the assets are not 

subject to the claims of the broker/dealers creditors and remain property of the account's owner(s). 

Failure of the custodian will have no adverse effect on these accounts. 

• Foreign Currency Risk: Currency hedging is at the Investment Advisor’s discretion. 

GENERAL 

GUIDELINESANDRESTRICTIONS 

6

In today's rapidly changing and complex financial world, no list or types of categories of investments can 

provide continuously adequate guidance for achieving the investment objectives. Any such list is likely to be 

too inflexible to be suitable for the market environment in which investment decisions must be made. 

Therefore, the process by which investment strategies and decisions are developed, analyzed, adopted, 

implemented and monitored, and the overall manner in which investment risk is managed, will determine 

whether an appropriate standard of reasonableness, care and prudence has been met for the Foundation's 

investments. 

The Investment Advisor shall: 

1. Have full investment discretion with regard to security selection, consistent with this IPS; 

2. Not employ short-selling, margin trading, securities lending, or direct investments in commodities 

at the portfolio level. Any underlying managers employing any of these strategies will comprise no 

more than 35% of the total portfolio; 

3. Immediately notify the Investment Committee in writing of any material changes in the investment 

outlook, strategy, portfolio structure, ownership or senior personnel. 

STANDARD OF INVESTMENT JUDGEMENT 

The enactment of UPMIFA created a new standard of conduct for the management and investing of institutional 

funds. All persons associated with the management of the investment portfolio must act in good faith and with 

the care an ordinarily prudent person in a like position would exercise under similar circumstances. Each 

individual must place the interest of the CCSC first. All members of the investment committee must 

provide full and fair disclosure to the committee of all material facts regarding potential conflicts of 

interest. 

The following factors must be considered by the investment committee in its deliberations regarding the 

management and investing of the fund: 

1. The general economic conditions; 

2. The possible effect of inflation or deflation; 

3. The expected tax consequences, if any, of investment decisions or strategies; 

4. The role that each investment or course of action plays within the overall investment portfolio of 

the fund; 

5. The expected total return from income and the appreciation of investments; 

6. Other resources of MeckEd; 

7. The needs of MeckEd to make distributions and preserve capital; and 

8. An Asset’s special relationship or special value, if any, to the charitable purpose of MeckEd. 

All management and investment decisions must be made in context of the portfolio as a whole and the related 

strategy concerning risk and return. 

SELECTING AND EVALUATING THE INVESTMENT ADVISOR 

There are no strict guidelines that will be utilized in selecting the Investment Advisor. The Committee will 

consider such factors as the age of the firm, its track record, and total assets under management, along with any 

7

other factors deemed appropriate by the committee, in its evaluation of prospective Investment Advisors. The 

Committee must act with due prudence in the selection of the Investment Advisor. At such time as a new 

Investment Advisor is required, the Committee shall solicit requests for proposals from multiple prospective 

firms. The agreement between the Parties and the Investment Advisor must limit the scope of the Investment 

8

Advisors activities within the parameters of this policy. The Parties delegate the authority to retain and terminate 

the Investment Advisor to the Investment Committee. 

The Investment Committee is to evaluate the Investment Advisor’s performance at least biannually. The 

results of the biannual review will be made available to the Investment Advisor. 

ACKNOWLEDGEMENT 

We recognize the importance of adhering to the mission and strategy detailed in this policy. We agree to work 

to fulfill the objectives stated herein, within the guidelines and restrictions, to the best of our ability. We 

acknowledge that open communications are essential to fulfilling this mission, and therefore, recognize that 

suggestions regarding appropriate adjustments to this policy or the manner in which investment performance is 

reviewed are expected. 

MeckEd Executive Director 

Date 

[Investment Firm] 

Date 

Investment Committee Chair 

Date 

MeckEd Board Chair 

Date 

9

CHARLOTTE 

NEXT 

www.mecked.org


Executive Summary 

Providing all young people with the experiences necessary to thrive in and beyond school is central to 

MeckEd’s mission and the singular goal of MeckEd’s Out of School Time initiative, Charlotte NEXT. 

Charlotte Next was created to address the urgent need for high quality Out of School Time experiences for 

young people in Mecklenburg County. Operating as an intermediary, MeckEd establishes and promotes 

nationally recognized quality standards and applies them in determining grant awards for program 

providers and designing and facilitating professional development opportunities. MeckEd operates as an 

honest broker to align the needs of schools and the interests of students and families with quality service 

providers. 

Total Program Revenue: $1,089,000 

Total Expenses FY ’17-’18: $207,109 

Total Projected Expenses FY’18-’19: $242,700 

Total Program Expenses (actual and projected): $449,809* 

*Does not include salary, consultants, admin 

MeckEd Governance and the Charlotte NEXT Advisory Board 

An Advisory Board consisting of representatives from the City Council, The Charlotte Mecklenburg School 

District, Corporate partners, and the MeckEd Board, was formed to provide navigational guidance and to 

ensure that Charlotte Next establishes and maintains the highest standards of performance and integrity. 

Moving forward, grants to program providers recommended by MeckEd staff will also be presented and 

endorsed by the Charlotte Next Advisory Board. MeckEd’s Board of Directors is responsible for and 

maintains full governance over all activities and decisions associated with Charlotte NEXT including final 

approvals for any and all grant awards. 

FY ’18- ‘19 Charlotte NEXT Advisory Board 

Larken Egleston *new member 

Charlotte City Council 

Avery Mitchell *interim member 

Charlotte Mecklenburg Schools 

Margaret Phinizy 

Wells Fargo 

Jennifer Roberts *new member 

Jennifer Roberts Consulting 

Pawanjit Singh 

Premier, Inc. 

Christopher Triolo *interim member 

Charlotte Mecklenburg Schools 

1


FY ‘17- ‘18 Program Expenses: $207,109 

School Partnerships 

$110,000 Awarded 

220 Students Served 

5,000+ Hours of Enrichment 

Time 

James Martin Middle 

○ Girls on the Run 

○ Let Me Run 

○ Firm Foundations 

Sedgefield Middle 

o Girls on the Run 

o Let Me Run 

o Shakespeare in a Chair 

Albemarle Road Middle 

o Girls on the Run 

o Let Me Run 

o Soy Latino Como Tu 

Out of School Time (OST) PD Series 


Leading for Change Facilitator: 

$6,000. 

10,040 Students Served 

5 Sessions 

● Behailu Academy 

● Firm Foundations 

● Freedom School Partners 

● Girl Asypre 

● Girl Scouts, Hornets’ Nest Council 

● Girls on the Run Charlotte 

● Greater Enrichment Program 

● McClintock Partners in Education 

● New Outreach Christian Center 

● Spiritual Inheritance Ministries 

● Sugar Creek Charter School 

● Trips for Kids Charlotte 

● Winners PLUS Inc. 

● Youth Empowerment Service 

Mini Grants 


11 Programs 

● 

Above & Beyond Students 

● 

Lisa Thornton's Piano & Vocal Lessons 

● 

Behailu Academy 

● 

Safe Alliance 

● 

Carolinas Aviation Museum 

● 

Soy Latino Como Tu 

● 

Firm Foundations 

● 

Transformation Educational Services 

● 

Freedom School Partners 

● 

Young Black Leadership Alliance (YBLA 

● 

GenerationNation 

2


The Locator 

$45,000 

426 Program Sites/7,781 Views 

FY ‘18‘19 Projected Program Budget: $242,700 

Professional Development 

• Leading to Change Facilitator: $9,200 

• Stipends: $19,000 (19 program providers at $1,000 each- registered to attend the 2018-2019 

OST PD series) 

School Partnerships 

• Grants: $160,000 (To serve 320+ students in FY ’19-’20). 

Supporting Innovation 

• Mini Grants: $48,000 (16 program providers/$3,000 per) 

Program Evaluation 

Phase 1: $6,500 

• In August, MeckEd contracted with UNC Charlotte’s Urban Institute to conduct an evaluation of 

the impact of professional development and the success of the school partnerships. Phase 1 

focus is on identifying and agreeing on metrics and gathering and analyzing baseline data 



www.mecked.org

GOVERANCE 

www.mecked.org


Under consideration since October 2017 

Potential Nominees for Board Membership 

1. Janeen Bryant – Professional Educator and Advocate (Mother of a CMS student. Ran for school 

board in 2017. Janeen is a strong community voice in support of youth, education, and schools. 

A Charlotte resident for the past 17 years, Janeen is a leading community engagement advocate 

and catalyst for building organizational capacity, an inter-sectional educator, facilitator and 

nonprofit leader. She presents nationally on topics ranging from authentic community building, 

creating relationships across difference, attracting new audiences, empathy in museums and 

critical conversations for internal development. Known widely as a strategic facilitator and 

trainer, she designs differentiated curriculum and experiential learning activities to make social 

change history relevant and accessible to any learner. 

2. Kathleen Dryden- SVP, Bank of America 

Kathleen would follow Richard Nicholas as a representative from Bank of America. Kathleen has 

been with Bank of America for over 13 years and has the support of SVP, Community Relations 

Manager, Emily Crow. Kathleen is also a member of the Woman’s Impact Fund and participated on 

the site visit that led to MeckEd receiving the 2018 Woman’s Impact Fund Education Grant. 

Kathleen is the SVP, Deposits Pricing Strategy and Planning at Bank of America where she is 

responsible for pricing policy and process for the largest retail US bank in terms of deposits 

3. Josh Dobeck- Turner Construction (Committed, family-focused, mission-based) 

Josh Dobeck has worked for the Turner Construction Company for over ten years in various roles 

including Engineer, Superintendent, and VDC/MEP Engineer. His current involvement in Turner 

Business Development has afforded him the opportunity to become more engaged and involved 

in the many communities across the Carolinas. 

Josh had the privilege to participate in Class 38 of Leadership Charlotte. There he was given a 

glimpse of the challenges in Mecklenburg County as it relates to education. He is a firm believer 

that every child should be afforded the opportunity to have the same learning environment no 

matter the zip code. Josh hopes to be a voice in the efforts to provide all children across the 

county the opportunities to learn, grow, and succeed. 

Josh has a bachelor’s Degree in Construction Management from Southern Polytechnic State 

University in Marietta, Georgia. Josh has been involved with the MeckEd team for the last 2 

years, supporting in any way that he can. Additionally, he has held positions with the Retention 

Committee for CoreNet Global of the Carolinas and on the Board of the 100 Love Notes 

Foundation. 



www.mecked.org


4. John McKeever-PWC. Senior Manager, Assurance and Advisory Client Services. 

John is a Senior Manager in PwC's Industrial Products practice based in the Carolinas market. He has 

over 12 years of experience providing assurance and advisory services to both public and privately held 

companies across a wide range of industries in both U.S. GAAP and IFRS. 

In 2017, he completed a tour in the Accounting Services Group within PwC's National Quality 

Organization (National office) specializing in accounting for business combinations, discontinued 

operations, segment reporting, goodwill, impairment, consolidation, joint venture accounting, 

investments accounted for under the equity method, asset retirement obligations, fair value, and 

restructuring. 

He is a Certified Public Accountant in the state of North Carolina and a member of the American 

Institute of Certified Public Accountants. 

No longer under consideration: 

The following potential candidates met with either a staff or board member or both within the 

last year. To date, there has been little or no follow up interaction. 

• Jim Hazel - A CPA shareholder at Elliot Davis here in Charlotte. He manages the 

Columbia, SC and Charlotte offices. 

• Mike Seferyn, from Family Dollar. 



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