Kansas State University Foundation

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Finance and Audit Committee 11-8-13

The Finance and Audit Committee met on November 8, 2013. Chairman Rand Berney presided. Action taken and topics discussed included the following:

  • 100% of all 1st Qtr FY 14 Endowed Accounts had distributions to purpose.
  • 2012-13 Kansas State University Foundation audit was approved and accepted with significant comments
  • 2012-13 Final Levels of Reserves were reviewed
  • Reviewed and approved KSUF CEO and KSU President & Cabinet 1st expenses from private funds.