REPORT
        DIGEST WESTERN ILLINOIS UNIVERSITY
        FOUNDATION FINANCIAL AUDIT  Summary of Findings: 
 
 
 WILLIAM G. HOLLAND  Iles Park Plaza   | 
        
 There were no material compliance findings disclosed during our audit tests. We commend the Foundation for maintaining effective fiscal controls. AUDITORS' OPINION Our auditors state the Foundation's June 30, 1997 financial statements are fairly presented. ___________________________________ WGH:JTD:pp SPECIAL ASSISTANT AUDITORS Geo. S. Olive & Co., LLC were our special
        assistant auditors for this audit. {Financial Information
        is summarized on the reverse page.}   | 
    
WESTERN ILLINOIS UNIVERSITY FOUNDATION 
FINANCIAL AND COMPLIANCE AUDIT 
For The Year Ended June 30, 1997 
| FINANCIAL OPERATIONS (ALL FUNDS) | FY 1997  | 
        FY 1996  | 
    
 
 
 
 
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| SELECTED ACCOUNT BALANCES (ALL FUNDS) | AT JUNE 30, 1997  | 
        AT JUNE 30, 1996  | 
    
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| FOUNDATION OFFICIALS | |
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