Financial Position

October 1, 2012 - September 30, 2013
The Foundation's community investments are made across three Impact Areas: Early Grade Success, College and Career Readiness and Postsecondary Completion. Over time, it is anticipated that approximately 55 percent of Helios' annual community investments will be made in support of College and Career Readiness programs and initiatives.

The Foundation's investment objectives are based on the sound and prudent management of the endowment, designed to exist in perpetuity. Helios Education Foundation's community investment strategy and strong financial position are developed under the close guidance and leadership of the Foundation's Finance Committee and in partnership with the Foundation's Chief Financial Officer and an independent financial consulting firm.

McGladrey & Pullen Certified Public Accountants conducted an independent auditor's report and issued an unqualified opinion of the Foundation's financial statements. They did not issue a management letter for the fiscal year ending September 30, 2013.