Fiscal year 2021 was a year of record giving for Helios Education Foundation. For the fiscal year ending September 30, 2021, Helios invested $27,769,119 into programs and initiatives creating opportunities for individuals in Arizona and Florida to pursue a postsecondary education.
The Board of Directors of Helios Education Foundation is committed to the prudent management of the Foundation's resources to ensure our ability to strengthen education systems, support partner organizations, and create educational opportunities for students.
We are also committed to managing our resources to ensure that our Foundation will exist in perpetuity.
We manage our resources and operations under the three principles—asset preservation, growth, and intergenerational equity—to ensure that future generations will benefit from the same level of investment in the community that we provide today.
The Foundation's 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.
Our 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, 2021.