The Board members who volunteer to serve on the LTCC Foundation take their fiduciary responsibilities very seriously. Their top priority is to ensure that all donor contributions are put to use exactly as donors intended. While all college Foundations are required to create financial reports and conduct annual audits, LTCC's Foundation goes above and beyond state requirements by creating regular, detailed quarterly reports to guarantee thorough oversight of the Foundation's financial picture.
In addition, the LTCC Foundation has its own Finance Sub-Committee to conduct detailed financial work, review the annual audit, and prepare the Foundation's tax return each year. This sub-committee consists of several members of the Foundation Board who have strong business, accounting, tax preparation and financial backgrounds. Both the Superintendent/President and Vice President of Administrative Services at LTCC are also members of this sub-committee, which directly contributes to clear, organized coordination between the Foundation and the College.