REPORT DIGEST



SOUTHERN ILLINOIS UNIVERSITY AT EDWARDSVILLE FOUNDATION




FINANCIAL AUDIT
For the One Year Ended:
June 30, 1997







Release Date:
January 29, 1998








State of Illinois
Office of the Auditor General

WILLIAM G. HOLLAND
AUDITOR GENERAL

Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046

INTRODUCTION

This digest covers our financial audit of the foundation for the year ended June 30, 1997. A compliance audit covering the two years ended June 30, 1997 will be issued separately.

AUDITORS' OPINION

Our auditors stated the June 30, 1997 financial statements of the Foundation are fairly presented.




____________________________________
WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Coopers & Lybrand L.L.P. were our special assistant auditors assigned to the audit.