The PCC Foundation’s financial processes are managed through the Foundation Office and the Pitt Community College Business Office. The Foundation follows the same purchasing processes that the college uses. The Foundation’s financial and operational records are audited annually by an external auditing firm and reviewed by the State Auditor’s Office as a part of the College’s state audits.
The Foundation’s Finance and Investment Committee reviews quarterly financial reports and monthly investment reports. The committee recommends appropriations and investment plans to the full board. Wells Fargo Investment Management Services manages investments for some of the endowments and the NC State Treasurer’s Office manages some of the Foundation’s funds.