REPORT
DIGEST
ILLINOIS STATE UNIVERSITY FOUNDATION
FINANCIAL AUDIT
For the Year Ended:
June 30, 1997
Release Date:
April 23, 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
Our report covers the financial audit of the Illinois State University Foundation for the fiscal year ended June 30, 1997. A compliance audit for the two years ended June 30, 1998 will be performed at a later date.
AUDITORS' OPINION
Our auditors stated the June 30, 1997 financial statements of the Illinois State University Foundation are fairly presented.
____________________________________
WILLIAM G. HOLLAND, Auditor General
WGH:RPU:pp
SPECIAL ASSISTANT AUDITORS
Geo. S. Olive & Co. LLC were our special assistant
auditors for this audit.
{Expenditures and Activity Measures are summarized on the next page.}