How is United Way held accountable?
There is nothing more important to United Way of San Antonio and Bexar County than upholding the trust of our donors, volunteers and all other members of the community. For this reason we find it absolutely imperative to maintain the most stringent of operating and accounting procedures. We diligently follow established accounting guidelines. Our standards for accounting for revenue and expenses are in compliance with those issued by the Financial Accounting Standards Board (FASB), an organization that sets recommended accounting standards for nonprofit and for-profit businesses. We are audited annually to ensure that we are in compliance with FASB standards, the results of which are further reviewed by leading community volunteers who are our trustees and represent the full spectrum of the financial and accounting professions. Every audit report has been completely clean of recommendations to improve or make changes to the accounting system.
