San Diego Business Journal

Kelly Feuillet

NONPROFITS: Feuillet Led Foundation Through Pandemic Federal Award Compliance

■ By JEFF CLEMETSON

As Controller and Director of Financial Reporting for San Diego Foundation, Kelly Feuillet is known as a trusted senior advisor who ensures the foundation delivers world-class philanthropy to the organization's constituents. In her role, she oversees the foundation's accounting, audit, tax, and cash management activities. This includes ensuring an appropriate system of accountability and contingency plans designed to mitigate risk as well as enhance the accuracy of the reported financial results.

Since the pandemic, San Diego Foundation (SDF) has provided more than $250 million to nonprofits locally, processing over 10,000 grants. Feuillet was instrumental in leading all facets of financial reporting and back-office administration, which enabled this community impact. In addition, she led the organization through complex Federal award compliance and all other audit matters associated with SDF's programmatic efforts, including the provision of healthcare worker vouchers, childcare provider financial support, computers to bridge the digital divide, summer learning camps, and small business relief funding.

Due to her competence, leadership – and at times, double-duties – the launch year financial reporting and audit for the San Diego Regional Policy & Innovation Center (SDRPIC), a San Diego Foundation affiliate and consolidating entity, was a complete success.

Feuillet was named by the San Diego Business Journal as 2022 Business Woman of the Year for nonprofits.

Year of Accomplishments

According to audits and assurance services firm Moss Adams, Feuillet is the most competent and organized professional among their nonprofit clients. Her exceptional leadership is evident in Audit Committee sessions and instills trust not only among the SDF's Board of Governors, but also across the donor base and other readers of the audited financial statements and form 990's.

During fiscal year 2022, Feuillet led a number of professional achievements, including completing the foundation's first single audit of a Federal Award and advising the Chief Innovation Officer on Federal Award structural and compliance matters; upgrading SDF's budget module software and automated budget reporting capabilities; revamping gift entry processes for SDF's Donor Services team: launching SDRPIC's accounting systems; and recruiting and mentoring a new controller at SDRPIC.

Tireless Support for Community

Feuillet works tirelessly to support San Diego nonprofits and the SDF Community Impact team focused on education, children and healthy families, racial and social justice, senior wellbeing, workforce development, and crisis philanthropy.

She is instrumental in leading and organizing group discussions on current topics of interest among local nonprofit CPAs, or as an individual reference source to executives at community foundations across the county on best practices in finance and accounting. In addition to her role at SDF, Feuillet also serves on the boards or committees of First Republic Bank, San Diego Women’s Foundation, and SDF-Scholarship.

Resume of Success

Prior to joining San Diego Foundation, Feuillet worked in public accounting and auditing in various industries and nonprofit organizations, providing expertise in forensic accounting, discovery, analysis and presentation of complex financial and economic issues central in litigation matters.

From 2007 through 2013, Feuillet worked at Scripps Health, managing the accounting for numerous divisions and functional areas, including five hospitals, more than 20 clinics, restricted funds and investments.

Feuillet graduated from San Diego State University with a bachelor's degree in Business Management with an emphasis in Accounting. She is a Certified Public Accountant in the state of California and is a veteran of the U.S. Navy.

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2022-11-28T08:00:00.0000000Z

2022-11-28T08:00:00.0000000Z

https://sdbusinessjournal.pressreader.com/article/282041921141487

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