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KSU Foundation

Finance and Audit Committee: January 29, 2015

The Finance and Audit Committee met on January 29, 2015. Chairman Rand Berney presided. Action taken and topics discussed included the following:

  • Reviewed FY15 results and operations forecast.
  • Received update on FY15 audit planning.
  • Reviewed and approved KSUF CEO and KSU President & Cabinet 1st and 2nd Quarter FY15 expenses from private funds.
  • Received update on Kimball and Denison Phase I financing tax compliance.
  • Reviewed requests for Foundation credit cards for university employees.