Foundation reports endowment milestone; board reviews joint RFP and recommends auditor
The college foundation reported its endowment topped $5 million and described fundraising activities; the board also heard that a joint RFP for financial audits produced four proposals and the committee recommended renewing a five-year agreement with the incumbent auditor (transcript spelling variants noted).
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The Midstate Foundation reported progress on fundraising and investments, and board members discussed procurement of audit services during the March 16 meeting.
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