Audit (A-02-11-02008)

08-28-2012
Review of Select Expenditures Claimed by The Research Foundation of the State University of New York, State University of New York at Stony brook

Executive Summary

The Research Foundation of the State University of New York (the Foundation) generally claimed Federal reimbursement for select expenditures in accordance with Federal regulations. Of the 878 expenditures that we reviewed, 850 complied with Federal regulations, but 28 expenditures totaling $18,000 did not. During the period February 7, 2009, through June 30, 2010, the Foundation received $104.4 million in funding under the American Recovery and Reinvestment Act of 2009.