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Jeffrey A. Lambright

< Foundation Experts

Assistant Vice President and Chief Compliance Officer

Jeff Lambright

Jeffrey A. Lambright
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Financial integrity is a critical piece of IUF’s responsibility to donors and to IU. To underscore that commitment, IUF was one of the first university-related foundations in the country to add an internal auditor to its staff.

IUF’s external auditor, Deloitte & Touche, has for the past four years found no "material weaknesses or reportable conditions" requiring a management response in the course of its audit. In fact, Deloitte & Touche has informed IUF that it holds the organization up as a model of best practices to both for-profit and not-for-profit clients.

Jeff Lambright is responsible for directing IUF's internal audit function and coordinating the audit plan with the external auditors. He tests IUF’s internal control structures to ensure they are adequate and effective and protect compliance with donor intent. Through his work, IUF is able to implement all necessary procedures to comply with accounting standards and to ensure that financial records are fairly stated. Audits also ensure that IUF is complying with all laws and regulations that govern its operations. Mr. Lambright reports directly to the Board of Directors Audit Committee.

Prior to joining IUF, Mr. Lambright worked in the internal audit departments of American United Life and First of American Bank Corporation.

Professional affiliations and service

  • The Institute of Internal Auditors (IIA)
  • Member, IIA Professional Conference Committee of the International Board of Directors
  • Association of Certified Fraud Examiners

Awards and honors

  • Distinguished Faculty Member, The Institute of Internal Auditors

Education and certifications

  • BS, Defiance College
  • MBA, Indiana University
  • Certified Internal Auditor, The Institute of Internal Auditors
  • Certified Fraud Examiner, Association of Certified Fraud Examiners