REPORT DIGEST

ILLINOIS
CONSERVATION
FOUNDATION

FINANCIAL &
COMPLIANCE AUDIT
(In Accordance with the Single Audit Act and OMB Circular A-133

For the Year Ended:
June 30, 1999




Summary of Findings:

Total this audit                   0
Total last audit                   0
Repeated from last audit    0

Release Date:
March 2, 2000

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State of Illinois
Office of the Auditor General
WILLIAM G. HOLLAND
AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General
Attn: Records Manager
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046 or TDD (217) 524-4646

This Report Digest is also available on
the worldwide web at
http://www.state.il.us/auditor







FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS

There were no material findings of noncompliance disclosed during our audit tests. We commend the Foundation for maintaining an effective system of internal controls.

AUDITOR’S OPINION

Our special assistant auditors stated the Illinois Conservation Foundation’s financial statements as of June 30, 1999 are presented fairly.

_____________________________________
WILLIAM G. HOLLAND, Auditor General

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SPECIAL ASSISTANT AUDITORS

Our special assistant auditors were Sleeper, Disbrow, Morrison, Tarro & Lively.




ILLINOIS CONSERVATION FOUNDATION
FINANCIAL AND COMPLIANCE AUDIT
FOR THE FISCAL YEAR ENDED JUNE 30, 1999
STATISTICS

FY 1999

FY 1998
Revenues:
Fund Raising Events - Restricted
Donations - Restricted
Grants and Receipts from Other Governments
Royalty Income - Restricted
Donations - Unrestricted
Merchandise Sales - Unrestricted
Investment Income - Unrestricted
Total Revenue


$122,778
1,486,292
973,132
0
5,659
2,767
71,957
$2,662,585


$ 69,028
602,774
342,064
100,000
33,003
5,729
28,809
$1,181,407
Expenditures:
General Administrative
Fund Raising
Natural Resources and Recreation Programs
Total Expenditures


$ 49,473
82,025
1,560,915
$1,692,413


$ 36,791
35,398
836,936
$909,125
Excess of Revenue over Expenditures

$970,172

$272,282
Fund Balance, Beginning of Year

773,060

500,778
Fund Balance, End of Year

$1,743,232

$773,060
CHAIRMAN OF THE BOARD OF DIRECTORS
During Audit Period: Brent Manning, Director - Illinois Department of Natural Resources
Currently: Brent Manning, Director - Illinois Department of Natural Resources