Responsibility for oversight of the foundation assets is placed with the KSU Foundation Board of Directors. Because of the specialized nature of the portfolio and decisions relating to it, the board of directors has formed a standing committee, the Asset Management Committee, to advise the board of directors.
Asset Oversight Responsibilities
BKD, LLP performs an annual audit of the KSU Foundation that includes a review of the investment function.
Custody services are provided by UMB Bank in Kansas City.