Subject: NMNS Board Conference Call Tomorrow, 4/30 11:00am EDT - Agenda Included
From: "William Whitaker" <[email-masked]>
To: "B.J. Cassin" <[email-masked]>, "Brother Ed Siderewicz, FSC" <[email-masked]>, "Dan Lagan" <[email-masked]>, "Gregory Vaughan" <[email-masked]>, "Jane E. Genster" <[email-masked]>, "John Ciccone" <[email-masked]>, "Mary Claire Ryan" <[email-masked]>, "Maureen Hermann" <[email-masked]>, "Michael Rodgers" <[email-masked]>, "Patrick Rafferty" <[email-masked]>, "Paul Daoust" <[email-masked]>, "Paul Minorini" <[email-masked]>, "R. Hunter Biden" <[email-masked]>, "Rev. Peter Pabst,
Date: Sun, 29 Apr 2012 19:32:02 -0400

[CONFIDENTIAL]

Good evening NMNS board members,

In preparation for our call tomorrow morning at 11 am (EDT), I want to
outline our agenda, which includes two resolutions the Board will vote
on and our next steps. Mary Claire Ryan, our legal counsel, Sean Glynn
of the firm of Goulston & Storrs, and Laura Dillon and Margaret Brown,
who have advised on communications, will also join the call. The
materials attached to this email are for your information in advance.
Please continue to consider all of this information confidential and not
to be shared.  

Conference Bridge

1-866-866-2244

Participant ID: 6901418#

 

A G E N D A

*        Brief recap of NMNS financial condition and Chicago meeting

*        Legal Process Overview

*        Communication Overview

*        Resolutions for board approval:    

1.       The Board has determined that it is in the best interests of
the organization to cease operations and begin the process of dissolving
the Network. Accordingly, all operations and activities of the Network
are to end as of June 30, 2012.

2.       The Board authorizes the initiation of the formal dissolution
process, provided that the final Plan of Dissolution is to be approved
by the Board of Directors before it is filed with New York Attorney
General's office.

Communication to schools and key stakeholders will begin after Board
action on the 11 a.m. call (see attachments).  It's important to get
this decision out in a timely, consistent way to head off possible
confusion and speculation. We will be clear that our action applies to
the central Network organization, NOT member schools, which remain open
and active as independent institutions with their own governance
structures and sources of funds. 

Since media interest is a possibility, though we are not seeking it, we
have engaged a PR firm to field any calls and to provide advice. If you
should get a press inquiry, please refer it immediately to Margaret
Brown, 703-898-9443 <tel:\703-898-9443> , or [email-masked].  This
will help to manage and keep our communication consistent.  (We do plan
to post a brief public statement on our website.)

I hope this background will enable us to use your time wisely tomorrow
morning: we will focus on moving expeditiously to the required
authorizations and answering any questions you may have.  I am confident
that our due diligence has led us to a responsible, if difficult,
decision for the Network and look forward to our 11 a.m. EDT call.  

Attachments:

School leaders' email

Core messages

Timeline 

Thank you, in advance, for your time on this tomorrow.

Bill

(end)

 

Bill Whitaker, President 
Washington Jesuit Academy 
900 Varnum Street, NE 
Washington, DC 20017 
202-832-7679 
202-832-8098 Fax 
www.wjacademy.org <http://www.wjacademy.org/>  

CFC Number: 14236

United Way Number: 9483

Awards:

Featured twice in the "Catalogue for Philanthropy