| Activity | Objective | Status | Assigned to | Comments | Completion Date |
|---|---|---|---|---|---|
| Outsource or co-source the internal audit function and reinstate the externally managed tip line. | Adopt audit plan for internal audit | In Progress | Dec-22 | ||
| Award contract for internal auditing services | Completed | Completed 11-10-2022 | Nov-22 | ||
| Reinstitute external tip line | Completed | Completed 11-10-2022 | Nov-22 | ||
| Implement a formal endowment management framework | Review endowment agreements and execute new agreements where needed | In Progress | Jun-23 | ||
| Correct accounting for prior withdrawals in 2019 and 2020 | In Progress | Jun-23 | |||
| Correct accounting structure in Banner for endowment accounts | In Progress | Jun-23 | |||
| Correct endowment reporting on FY 2021 and FY 2022 financial statements | In Progress | Jun-23 | |||
| Review and update endowment investment policy | In Progress | Jun-23 | |||
| Conduct a review of endowment manager performance | In Progress | Jun-23 | |||
| Report on Fundraising Efficiency | In Progress | Fundraising Efficiency Ratio Improving | Jun-23 |
11