Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1315 new people
  • 107 new organizations
  • 1149 new photos
  • 1999 job history records for people in our database
  • 713 education records for people in our database
  • 3184 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 1 new person through the revolving door
  • 132 new policy reports
  • 15 new trips to our privately funded travel database
  • 356 new personal financial disclosures
  • 9208 new press releases
  • 5 new town halls
  • 37 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Financial Management: Jefferson Memorial Foundation Commemorative Coin Program

  Premium   Download PDF Now (4 pages)
Report Type Reports and Testimonies
Report Date July 18, 1997
Report No. AIMD-97-119R
Subject
Summary:

Pursuant to a legislative requirement, GAO audited the use of commemorative coin surcharge proceeds received by the Thomas Jefferson Memorial Foundation, Inc.

GAO noted that: (1) the Foundation received $5 million in final coin surcharge proceeds from the U.S. Mint in June 1994 and placed the surcharge proceeds and related investment earnings into an endowment in December 1994; (2) the purpose of the endowment is to support the Foundation's efforts to restore and preserve Monticello and its related educational programs; (3) as of December 1996, the Foundation had not made any expenditures form the endowment, other than investment management fees; (4) the endowment balance as of April 1997 was about $7.6 million; and (5) section 5134 of Title 31, United States Code, as amended by Public Law 104-208, now requires future coin surcharge recipients to: (a) separately account for the expenditure of coin surcharge proceeds: and (b) obtain annual financial audits by an independent public accounting firm until all surcharge proceeds are expended or placed in trust.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com