Bill > SR154

This resolution requests the Office of the Auditor to conduct a performance audit of the University of Hawaii Foundation (UHF), a nonprofit organization responsible for fundraising and managing over seven thousand gift accounts for the University of Hawaii System. The resolution highlights that the UHF is the sole provider of fundraising and alumni services, supporting research, student aid, and campus improvement projects through initiatives like the "For UH For Hawaii" fundraising campaign, which has raised over $660 million. The primary purpose of the requested audit is to evaluate the efficient, effective, and transparent use of funds to support students and faculty, identify potential shortfalls, and recommend areas of improvement in fund management. The resolution also directs that copies of the resolution be transmitted to the Auditor, the Chairperson of the Board of Trustees of the UHF, and the Chief Executive Officer of the UHF, demonstrating a commitment to accountability and oversight of the foundation's financial practices.

Budget and Finance, Education

https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SR&billnumber=154&year=2025