Audit of Salt Lake County Foundation
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Audit of Salt Lake County Foundation
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In this episode of Adventures in Auditing, County Auditor Chris Harding and Internal Auditor Jacob Cantwell explore their review of the Salt Lake County Foundation—a young, growing governmental nonprofit created to help donors support county programs.
Because the Foundation is still in its early stages, the audit focused on whether the right structures, policies, and financial practices were in place to support long-term transparency and public trust. Chris and Jacob discuss what they found, where the Foundation has strong fundamentals, and where clearer processes and safeguards will help it mature into a well-governed, accountable organization.
More importantly, they highlight how leadership responded—agreeing with each recommendation and taking steps to improve training, documentation, financial reporting, and governance. It’s a conversation about building good controls early, addressing small gaps before they become big issues, and strengthening confidence in how public-purpose nonprofits operate.