Independent Audit Report

An independent audit conducted by the accounting firm McPherson, Breyfogle, Daveline & Goodrich, PC concluded that the Western State Colorado University Foundation's financial position, changes in its net assets and its cash flows as of June 30, 2015 and 2014, were in conformity with the accounting principles generally accepted in the United States of America.

Detailed information from that report is provided here
(note: document is in PDF format)