Audit Committee

The audit committee will assist the Board of Directors (“Board”) in fulfilling its oversight responsibilities. The Audit Committee (“Committee”) will review the financial reporting process, the system of internal control, the audit process, and the process for monitoring compliance with laws and regulations. Management of the Foundation is responsible for the Foundation’s financial reporting, and for establishing and maintaining the financial, internal control and compliance systems.

In performing its duties, the Committee will maintain effective working relationships with the Board of Directors, management, and the internal and external auditors. To effectively perform his or her role, each Committee member will obtain an understanding of the detailed responsibilities of Committee membership as well as the Foundation’s business operations and risks.

Members

J. Mitchell Neitzey, Chair
EFO Capital Management, Inc.
President and Chief Investment Officer

Joseph B. Gildenhorn
The JBG Companies
Founding Partner

Albert E. Girod
SSL Services
Founder and Managing Partner

Paul H. Mullan
Charterhouse Group International, Inc.
Vice Chairman and Strategic Partner (Retired)

Clolita M. Vitale
Exelon Business Svc. Co., LLC
Retired Assistant General Counsel


Bonnie B. Stein
Pamela Purcell, Staff

Honorary
Robert A. Bedingfield

Walter R. Fatzinger
Michael E. Meegan, Vice Chair
Arthur S. Mehlman
Neil Moskowitz
John C. Weiss
Sam A. Zappas

Download the Audit Committee Charter

Our Vision

Our vision is to attract broad resources that transform the USM and its institutions, create a network of advocates to embrace the USM’s role as an educator and economic engine, and to grow a long-term, sustainable culture of philanthropy across the University System of Maryland.

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