Audit Committee
Foundation Directors
Tom Scholler, Chair
Mary Garvelink
Ron Mahoney
FSU Staff (Support/Non-Voting)
Carla Miller, Advancement
Jerry Scoby, V.P. for Admin. & Finance
Karen Thompson, Finance Office
Scope of Responsibility
- Review management practices and procedures
- Recommend enhancements to Foundation's operating procedures
- Recommend independent audit firm
- Present annual independent audit for full board review
- Development, recommendation, and oversight of annual budget
Current Agenda
- Creation of consolidated charitable gift quarterly reports
- Review and revision of Conflict of Interest document
- Establishment of a more meaningful set of fundraising performance standards in cooperation
with the development committee