The operation of the Florida Kiwanis Foundation is subject to audit and this process is overseen by the Audit Committee.  The Audit Committee shall consider matter related to (1) the financial statements of the Foundation, and other financial information provided to the public, (2) the systems of internal controls and the audit process, and  (3) evaluating the risk profile of the Foundation.

The Audit Committee shall consist of five (5) or more members recommended by the Nominating Committee, appointed by the President and approved by the Board.  The members shall include at  least three (3) Trustees and two (2) Kiwanians in good standing who are not Trustees and shall not include Officers or members of the Finance Committee of the Foundation.  The Chair shall be selected by the members of the Audit Committee.