The NMC Foundation has achieved a tremendous level of strength thanks to generous contributions over more than 30 years. With assets nearing $35 million, the Foundation is well positioned to provide funding resources for scholarships and programs critical to the college mission.
The Foundation Finance and Audit Committee, a dedicated team of 12 Foundation board members with financial, legal and business expertise, takes great care to review financial and investment statements and the Foundation audit. Rehmann completed the FY2013 Foundation Audit and has issued a clean, unqualified opinion of the Foundation's financial statements. The Foundation Board accepted this audit at its regular meeting on October 16, 2013.
The NMC Foundation Finance and Audit Committee works diligently to preserve the gifts that have been entrusted to the Foundation, while maximizing returns for the benefit of NMC students.