Report Materials
The Foundation generally claimed Federal reimbursement for administrative, clerical, and extra service compensation expenditures in accordance with Federal regulations. During the period February 17, 2009, through June 30, 2009, the Foundation received $8.8 million in funding under the American Recovery and Reinvestment Act of 2009. Of the 322 expenditures that we reviewed, 275 complied with Federal regulations, but 47 expenditures totaling approximately $83,000 did not. The Foundation partially agreed with our recommended financial disallowance and concurred with our second recommendation to establish adequate controls to ensure consistent compliance with Federal costs principles.
Notice
This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.