REPORT DIGEST WESTERN ILLINOIS UNIVERSITY FOUNDATION FINANCIAL AUDIT For the Year Ended: June 30, 2000 Release Date: State of Illinois Office of the Auditor General WILLIAM G. HOLLAND AUDITOR GENERAL To obtain a copy of the Report contact: (217)782-6046 or TDD (217) 524-4646 This Report Digest is also available on |
INTRODUCTION This report covers our financial audit for the year ended June 30, 2000. A compliance audit covering the two years ending June 30, 2001 will be performed next year.
AUDITORS OPINION Our auditors state the financial statements of Western Illinois University Foundation as of June 30, 2000, and for the year then ended, are fairly presented in all material respects.
___________________________________ WILLIAM G. HOLLAND, Auditor General WGH:KMA:pp
SPECIAL ASSISTANT AUDITORS Washington, Pittman & McKeever, LLC were our special assistant auditors for this audit. {Financial Information is summarized on the reverse page.} |
WESTERN ILLINOIS UNIVERSITY FOUNDATION
FINANCIAL AUDIT
For The Year Ended June 30, 2000
FINANCIAL OPERATIONS (ALL FUNDS) |
FY 2000 |
FY 1999 |
REVENUE Contributions and Pledges Investment Revenue Support from WIU Other Revenue Sources Total Revenue |
$6,891,202 |
|
EXPENDITURES AND OTHER
DEDUCTIONS Scholarships Contractual Services Cost of Services from WIU Assets Purchased and Donated to WIU Funds Transferred to WIU Other Expenditures Total Expenditures and Other Deductions |
$4,689,609 |
$3,429,216 |
SELECTED ACCOUNT BALANCES (ALL FUNDS) | AT JUNE 30, 2000 |
AT JUNE 30, 1999 |
Cash and Investments Other Assets |
$15,736,726 1,510,683 |
$14,770,114 890,707 |
FOUNDATION OFFICIALS |
Executive Officer: Larry Mortier |