The HEC Foundation

The Court's audit of the HEC Foundation, which was set up in 1972, is the first to cover this organisation. Through the collection and use of inputs raised from public generosity, its mission is to contribute to the excellence of the Hautes Études Commerciales (HEC) business school and to promote the social and  geographical diversity of its students. This report examines the organisation's donor fundraising strategy and its compliance with the associated regulatory requirements for financial reporting. Finally, it analyses the social missions financed within this framework and the endowment of part of the proceeds collected.