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United Way of Santa Fe County is committed to fiscal responsibility and transparency. The money raised in our community stays in our community. And we are accountable for our budgets, investments and management.
We adhere to accounting, policy, procedure and practice standards set by United Way of America for all its members and operations. These standards uniformly present United Way to regulatory and governing bodies, donors and other interested parties.
Our Finance Committee is comprised of Board members and other community volunteers who are highly experienced in financial matters. The Board treasurer chairs the Finance Committee, which works with UWSFC management to create the annual budget submitted for approval by the Board of Directors. The Committee actively monitors the operating results as compared to budget and may take appropriate steps to adjust the budget during the year if necessary. Finally, the Committee establishes UWSFC's investment policy and recommends its approval to the Board, invests the money accordingly and monitors the results.
Our Audit Committee also reports to the Board of Directors. Its responsibilities include overseeing the integrity of UWSFC's financial statements and reporting process, the independence of UWSFC's independent auditors and the performance of the audit, the adequacy of UWSFC's accounting processes and financial controls, and compliance with applicable financial laws and regulations.
Please view our Fiscal Year 2005 Tax Return. |
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