Wayzata School Board Work Session Highlights Kimberly Lane Innovations and Investment Club Success
The Wayzata Public Schools Board of Education convened a special work session to delve into detailed presentations, showcasing student financial literacy and effective strategies for welcoming a growing school community.
The Wayzata Public Schools Board of Education recently held a productive work session, shifting from its usual schedule to accommodate the Memorial Day holiday. The session provided an in-depth platform for board members to explore key initiatives within the district, with a particular focus on Kimberly Lane Elementary School's innovative programs and the impressive achievements of its student investment club.
The session commenced with introductions of board members Milon Sohoni, Sheila Prior, Dan Astra, Parit Shahndi, Heidi Kater, and Chase Anderson, followed by a recognition ceremony. Denise Kurzwinski, an administrative professional at Kimberly Lane Elementary, was honored as Employee of the Month. Ms. Kurzwinski expressed her appreciation, noting, “It’s a fun place to work. Great staff. They make it so enjoyable. Support I mean they support me as well, too, and I just enjoy working for the Waunakee School District and Kimberly Lane. Thank you.”
Kimberly Lane Elementary Spotlight
Dr. Carrie Wermer, Principal of Kimberly Lane Elementary, presented the school spotlight, detailing strategies implemented to integrate a significant influx of new students and staff. Due to boundary changes, approximately a third of both the student body and staff were new to the school this academic year.
Members of the board, thank you so much for having us. I'm so glad that we get to do this maiden voyage of a work study session, and I believe that that's perfect because as was mentioned with Ms. Krzinski being our employee of the month, a third of our student body was new to us this year, and a third of our staff was new to us. So I think it's great that we also get a new type of presentation to spotlight us. So thank you for that opportunity.
Dr. Wermer highlighted proactive measures such as a 'new student welcome' event held a year prior, where each new student received a personalized slide as part of a building scavenger hunt. She also discussed instructional priorities, including fostering student self-evaluation and teaching calming strategies, recognizing that “emotions are the gateway to learning.”
Student Investment Club Shines
A significant portion of the work session was dedicated to the Kimberly Lane Investment Club, a new initiative sparked by community member and parent Nick Asmus. Co-advised by PE Teacher Eddie Clifton and Technology and Media Arts Teacher Rob Olsen, the club introduces fourth through sixth graders to financial literacy through a simulated stock market game, where each student manages a virtual $100,000 portfolio.
The club has seen remarkable success. Mr. Clifton reported outstanding results, stating, “For their kind of age group, grades 4 through 6, there were 167 portfolios across Minnesota. We were able to place three in the top five, which is eligible for the award ceremony, as well as seven out of the top 10, which was awesome.” He added that among all 885 portfolios statewide across grades 4-12, Kimberly Lane students secured five of the top 20 positions.
Student presenters, Carter, Kelechi, Colin, and Amana, shared their experiences and the financial concepts they learned, such as diversification, assessing risk, and the importance of long-term investing. Carter, who placed second out of 800 portfolios in the statewide competition, shared an adage he learned: “The time in the market is greater than timing the market.” Kelechi explained her investment choice in Target, saying, “Um I invested in the company of Target because like sometimes my family shops there, so I know it.” Rob Olsen highlighted Kelechi’s initiative, noting her over 150% gain on a company she researched independently.
Nick Asmus, the club's initiator, passionately advocated for expanding the program. “I think what I’ve seen across the globe and across Minnesota, I think Wayzata should be offering this across all the elementary schools. It’s they learn so much, they love it and I think that these are invaluable skills,” Asmus commented.
Financial Literacy Across the District
The discussion expanded to financial literacy across the Wayzata Public Schools district. Board members noted that financial literacy is now a state standard, integrated into freshman classes at the high school level. Middle schools incorporate these concepts through 'wind times,' and a new elective course at the middle school level also includes financial literacy components. This comprehensive approach aims to equip students with essential economic understanding at various stages of their education.
The work session concluded with board members expressing appreciation for the detailed presentations and the tangible successes demonstrated, particularly by the Kimberly Lane students. The insights gained will help inform future strategic planning and program development within the district.
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Areas of Interest (5)
- Wayzata Public Schools holding a work session to accommodate Memorial Day, rescheduling from the fourth Monday of the month.
- Kimberly Lane Elementary's proactive approach to welcoming a significant influx of new students and staff due to boundary changes.
- The success and impact of a new investment club at Kimberly Lane Elementary, including student achievements and community involvement.
- The integration of financial literacy as a state standard and its implementation across different school levels within Wayzata Public Schools.
- Employee of the Month recognition highlighting dedication and impact within an elementary school setting.
Notable Quotes (28)
It's a fun place to work. Great staff. They make it so enjoyable. Support I mean they support me as well, too, and I just enjoy working for the Waunakee School District and Kimberly Lane. Thank you.
members of the board, thank you so much for having us. I'm so glad that we get to do this maiden voyage of a work study session, and I believe that that's perfect because as was mentioned with Ms. Krzinski being our employee of the month, a third of our student body was new to us this year, and a third of our staff was new to us. So I think it's great that we also get a new type of presentation to spotlight us. So thank you for that opportunity.
And the investment club is the first time that we've done that. So as you can see, we've got some eager um students who'll be sharing that later on.
One of the good things we did in order to welcome in all of our new families and all of our new students is actually about a year ago, um last week, um we invited all of the new students to come to our building. And what you can see is we made a slide for each one of them. So when they did the scavenger hunt around our building, um they got the warm welcome with their name on it.
One of the things that has for an instructional choice that you can make that has the most impact is asking students to self-evaluate their work. And so, that's something that we leaned leaned into. It was a lot of figuring that out of having students self-evaluate themselves according to criteria to figure that out.
And then our student experience goal, one of the things that we were looking at is having students using calming strategies. Uh cuz we know that emotions are the gateway to learning, and if you're feeling anxious, if you're feeling frustrated, if you're feeling that you need to figure out how to get yourself into a zone where you can actually do the learning.
He looked up from the page and he said, "I'm doing it. I'm doing it, Mrs. Knutson. And I'm really doing it.
The game is each kid has a portfolio of roughly $100,000, and the idea is just to grow it as much as possible, um, and hopefully maybe get into the top five by the deadline in April, um, to make the award ceremony.
It was actually sparked from a community member and parent at our school who does this type of thing for a living. So, we did get started, I want to say 3 to 4 weeks after he brought up the idea.
A short-term goal would be a thing that I would sell really quickly because it's not really doing well. Okay. And then what would be a long-term goal that you might have? A long-term goal would be a stock that I would hold for a long time.
For short-term, um, cut your losses. And then for long-term, let the winners run.
Oh, good. I got second place in the whole club. Which is amazing. And the whole club meaning like how many people? I mean like for the whole state? Like 800. Yes. Out of 800 and some portfolios, number two.
And, um, the time in the market is greater than timing the market.
Um I invested in the company of Target because like sometimes my family shops there, so I know it.
We found Kelechi was up over 150% within a couple of weeks. And this was a company that we did not know about. She found out all on her own. So, that was super super cool.
Um it's mostly about like Costco, it's a bigger company, so it has less risk of like going down. Mhm. And like a bigger company or a smaller company like Micron um has a higher risk of like going down and me losing money. And it also has a good risk of going up in money for me to win.
Um go big or go home.
It's where you spread all your money over all the companies. Like you don't put all your money in just one company, you put it in like a lot so you can gain more instead of just having it in one.
And the first thing he did is he turned to me and said, "Dad, can I put this in the stock market?
I think what I've seen across the globe and across Minnesota, I think Wayzata should be offering this across all the elementary schools. It's they learn so much, they love it and I think that these are invaluable skills.
So for their kind of age group, um, grades 4 through 6, there was 167 portfolios across Minnesota. Um, we were able to place three in the top five, which is eligible for the award ceremony, as well as seven out of the top 10, which was awesome.
And if you look at all the portfolios grades 4 through 12 in Minnesota, there are 885. We had five of the top 20 positions competing against fourth through 12th graders.
So, I'm just I'm wondering from a practical standpoint, like what what does the game look like? What is it like? What is the format? And how do they buy stocks and stuff? And how do they know what companies, you know, are available? And how do they learn about companies?
We structured the lessons out of the eight sessions that we met with them with mini lessons to teach a topic. So, for example, session one is what do you do with your money? Do you save it or spend it? Have you thought about ways to grow your money? And then we start talking about products, brands, and companies.
We used Yahoo Finance as a resource. We added some resources to our school website and kids had access to that both during technology and during club time and at home. We had a lot of kids researching at home.
So is this only in Kimberly Lane not across all elementary schools? We have a co-curricular kind of budget and then all depends on like who are advisors that are interested and available like we have art club, we have ukulele and this just happens to be one of the clubs that we have. I don't know if I don't think there are other elementary that have this one.
Is there any program at middle school or high school level? I remember seeing in one of the schools like the scoreboard if you will. Yes. So financial literacy now is a state standard. So we'll be doing that in our freshman classes but also our middle schools through their wind times and then they've also had a new elective course that has some of that financial literacy baked into it.
I know I had SNDK, and it that's an AI company that really helped me a lot.
People (19)
Milon SohoniBoard MemberOpened the work session and introduced board members.
Opened the work session and introduced board members.
Sheila PriorBoard MemberIntroduced at the start of the meeting.
Introduced at the start of the meeting.
Dan AstraBoard MemberIntroduced at the start of the meeting.
Introduced at the start of the meeting.
Parit ShahndiBoard MemberIntroduced at the start of the meeting.
Introduced at the start of the meeting.
Heidi KaterBoard MemberIntroduced at the start of the meeting.
Introduced at the start of the meeting.
Chase AndersonBoard Member / Dr. AndersonIntroduced at the start of the meeting; joined Dr. Anderson at the podium for recognitions.
Introduced at the start of the meeting; joined Dr. Anderson at the podium for recognitions.
Denise KurzwinskiAdministrative ProfessionalRecognized as Employee of the Month for Kimberly Lane Elementary.
1 quote
Recognized as Employee of the Month for Kimberly Lane Elementary.
“It's a fun place to work. Great staff. They make it so enjoyable. Support I mean they support me as well, too, and I just enjoy working for the Waunakee School District and Kimberly Lane. Thank you.”
Response after receiving Employee of the Month recognition.
Dr. MillerUnknownIntroduced the school spotlight presentation and Dr. Wermer.
Introduced the school spotlight presentation and Dr. Wermer.
Dr. Carrie WermerPrincipalPresented highlights from Kimberly Lane Elementary and introduced the investment club students.
Presented highlights from Kimberly Lane Elementary and introduced the investment club students.
CarterStudentStudent presenter discussing investment club outcomes and game rules.
Student presenter discussing investment club outcomes and game rules.
KelechiStudentStudent presenter discussing investment club learning on products, brands, and companies.
Student presenter discussing investment club learning on products, brands, and companies.
ColinStudentStudent presenter discussing assessing risk in investments.
Student presenter discussing assessing risk in investments.
AmanaStudentStudent presenter discussing diversification in investment portfolios.
Student presenter discussing diversification in investment portfolios.
Eddie CliftonPE Teacher and Investment Club AdvisorCo-presented an overview of the Kimberly Lane Investment Club.
Co-presented an overview of the Kimberly Lane Investment Club.
Rob OlsenTechnology and Media Arts Teacher and Investment Club AdvisorCo-presented an overview of the Kimberly Lane Investment Club.
Co-presented an overview of the Kimberly Lane Investment Club.
Mr. Asmus / Nick AsmusCommunity Member and Parent / Investment Club AdvisorInitiated the investment club idea and served as an advisor; shared a story about his son's engagement with financial concepts.
Initiated the investment club idea and served as an advisor; shared a story about his son's engagement with financial concepts.
Mrs. KnutsonReading TeacherMentioned by a student in an anecdote about learning to read.
Mentioned by a student in an anecdote about learning to read.
Dr. SawhneyUnknownMentioned by Dr. Anderson regarding the agenda.
Mentioned by Dr. Anderson regarding the agenda.
Dr. MahoneyUnknownAddressed by Dr. Wermer.
Addressed by Dr. Wermer.
Places Mentioned
Events & Meetings (3)
- Monday, May 18th, 2026: Wayzata Public Schools Board of Education Work Session
- June 8th, next month: Regular School Board Meeting / Board Self-Evaluation Workshop
- 5:30 p.m. on June 8th: Board Self-Evaluation Workshop
Source document
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Other Topics from This Document
Introductions
Recognitions (Employee of the Month)
School Spotlight Presentation (Kimberly Lane Elementary)
Employee of the Month Recognition
Kimberly Lane Elementary Highlights
Investment Club Presentation
Financial Literacy Discussion
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