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SSFS Closing
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Anonymous
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I think it’s like any loss of anything important. People are still in then denial/disbelief phase because it was shocking, impactful and handled poorly. Families are angry and feel like they deserve an explanation - which is reasonable.
But, ultimately, it doesn’t matter. I doubt there is anything criminal and certainly nothing that will materially help the families that got screwed. People deserve to be able to ask questions but it is very unlikely that any answers, even if they come (which is unlikely) will be satisfactory. I realize it’s a school, not a business. But, it’s akin to a business laying off hundreds of employees because of poor management. The employees don’t deserve their fate but that won’t change anything. It’s just sad and it’s unlikely that anyone will ever get the real closure they seek. |
Anonymous
I've thought the same thing, but I haven't said it publically because I know people would be offended. The school tried to fix something that wasn't broken. The SPICES cover everything DEI claims to. |
Anonymous
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It seems that former HoS knew his way around the balance sheets…
https://newventurefund.org/who-we-are/board-of-directors/thomas-gibian/ How did this happen? Will we learn from the results of an audit why the school is now failing? |
Anonymous
I doubt a bankrupt school has the money to pay an auditor..and why would they anyway? |
Anonymous
To tell the truth. |
Anonymous
If they end up in bankruptcy a lot will be public in the court filings. |
Anonymous
| The FAQ gave the impression there would be essentially no more info forthcoming. |
Anonymous
Yes, well said. Important to keep in mind that in Quakerism, stewardship is one of the core "SPICES" testimonies, standing for Simplicity, Peace, Integrity, Community, Equality, and Stewardship. It emphasizes the belief that all resources, including the earth, are gifts from God and entrusted to us for responsible use. |
Anonymous
Shocked these pledges are not legally binding. How does one build a facility with majority of "pledged" funding on hand. |
Anonymous
| edit: without |
Anonymous
| A school could sue the donors who left the school and didn’t pay the full amount they pledged but that’s not the norm - has bad donor relation optics. |
Anonymous
| In bankruptcy it's possible these pledges could be enforced. |
Anonymous
Um, no it’s not. No judge is going to rule that a would-be donor has to throw money into an abyss to satisfy a creditor unrelated to the intent of their would-be contribution. That is simply absurd. |
Anonymous
I think it depends on the wording of the pledge. But yes, satisfying creditors by collecting on valid debts is part of bankruptcy. If the pledge was for funds to do a certain thing, and the school did that thing, how is it fair for the pledge to just never pay? |
Anonymous
| My child’s experience and therefore our family’s feelings about the school changed so drastically during the Rodney years that it would have been really hard to keep paying. ( I would have, I’m just not surprised that some people didn’t.) |