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Dr. Edwin Thomasson

4 years ago

Below is a statement from 'The Arc of Texas Master...

Below is a statement from 'The Arc of Texas Master Pooled Trust Austin'? They are far from transparent for us.

Arc of the Capital Area we know that transparency is key to everything we do. We have safeguards in place to prevent this kind of thing from happening. Our agency undergoes multiple state, county and city audits as well as a stringent independent audit. The Arc of the Capital Area s Finance Committee provides monthly oversight on all financial transactions and there are strict policies in place that segregate management duties to protect our assets. Funding designated for The Arc of the Capital Area is always used in accordance with the donor s requirements. The Arc of the Capital Area is in compliance with all federal, state and local funding requirements.

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