For Foothills to be a fiscal agent for another community agency, the Senior Minister must seek Board approval. Any Fund where we are acting as Fiscal Agent will have its own checking account, as well as its own policies and procedures that follow accepted accounting procedures. Additionally, a steering committee for the Fund must be established to oversee and ensure accountability the use of the Fund. The Senior Minister must make annual reports to the Board regarding the administration of any Fund for which we are the designated Fiscal Agent.
Updated on September 12, 2018