Preliminary Follow-up Report: An Audit of the Salt Lake County Foundation

Auditor's Letter

July 29, 2026

This is the preliminary follow-up report for An Audit of the Salt Lake County Foundation, originally issued in July 2025. The original audit identified seven findings with eight recommendations.

This preliminary follow-up verified that Management fully implemented five of the eight recommendations, one recommendation remains in progress, and two recommendations were closed.

Foundation Management fully implemented recommendations addressing Board member training, Board review and approval of the annual financial report, financial reporting documentation, reconciliation documentation, and disclosure of the relationship between the Foundation and Salt Lake County and how funds may be used.

One recommendation remains in progress and will be reassessed during the secondary follow-up audit. The recommendation was for the County Council to review Countywide Policy 1430 to clarify disclosure requirements for County officers and employees serving on separate legal entities by virtue of their county position.
Two recommendations were closed. One was closed because the Foundation no longer maintains a public website, making that portion of the recommendation no longer applicable. Management implemented the remaining applicable portions. The second recommendation, related to formalizing the Foundation's cash reserve policy, was closed because Management determined it would not establish a formal process for replenishing the reserve if it is used. The remaining portions of that recommendation were implemented. No additional follow-up work is planned for either recommendation.

A secondary follow-up audit will be conducted by the Auditor's Office no earlier than January 2027 to assess the status of the remaining recommendation.
As authorized by Utah Code Title 17, Chapter 69, County Auditor, Part 3, Powers and Duties, and in accordance with Generally Accepted Government Auditing Standards (GAGAS), the Auditor's Office monitors corrective actions taken in response to audit recommendations to support continuous improvement across County agencies.

We conducted this follow-up audit in accordance with GAGAS and believe the evidence obtained provides a sufficient basis for our conclusions. We extend our appreciation to Foundation Management for its cooperation throughout this process. Should you have any questions, please contact me at (385) 468-7200.

Chris Harding, CPA, CFE, CIA
Salt Lake County Auditor