Glossary of Key Terms

Practicing a consistent orientation to use data appropriately as an essential component of instructional decisions and goal setting.

Group of individuals, comfortable and skilled in working with data, who help identify, prepare, and interpret data for use by faculty working together, leadership teams, and the entire staff.

There are two costs for a fixed asset: purchase price or book value and the adjusted or depreciated cost. The purchase price is the amount of the original equipment cost. This is used as the dollar value of the equipment. However, it is necessary to adjust this value to indicate the amount that could actually be realized if the equipment was to be sold. This is the depreciated or adjusted value. The depreciation cost must be listed as a separate item on the company’s financial statements. The method of calculation should be provided in the notes to the financial statement. If the method used is changed, this must be clearly noted, as it has a significant impact on the financial statements.

The strategic process by which schools identify, cultivate, solicit, recognize, and steward prospects and donors to establish and nurture relationships and to raise resources. It requires staff to build a culture of philanthropy, which begins in the admissions office, while educating your donors and prospects about the benefits, value, and distinct nature of your school. Fundraising is a function of development, and development is a function of advancement.

Refers to the responsibility to exercise moral and ethical use of technology in all its forms.

The ability to distinguish whether a given idea or impulse, or activity builds a relationship with God or detracts from one. It may be an act of the virtue of prudence, or a special gift of grace. (CD)

Life skills, attitudes and behaviors that will be used well beyond formal schooling.