About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

FGMSD-80-77 1 (1980-09-24)

handle is hein.gao/gaobabbgo0001 and id is 1 raw text is: 
RELEASED      A.                                      Val.
              bY Ohl                                        1131P~ov~
                  OMPTRO  R KERALO -7 i      ATES
                          WASHINGTON, D.C. 205481


   B- 198 730                                  SEPTEMBER 24, 1980


   The Honorable Max S. Baucus
   Chairman, Subcommittee on Limitations
     of Contracted and Delegated Authority
   Committee on the Judiciary                         113887
   United States Senate

   Dear Mr. Chairman:

        Subject: / eview of Federal Agencies' Gift Funds
                 t(FGMSD-80-77)

        in your August 3, 1979, letter you asked us to review
   the larger gift funds managed by Federal agencies, including
   fund balances, sources of income, and purposes of expenditures
   with particular emphasis on travel and entertainment. This
   letter report contains summary information on our review (encl.
   I), statistical data on revenue and disbursements (encl. II),
   and a list of major uses of gifts (encl. III).

        During fiscal 1979, 41 Government agencies received a
   total of $21,631,000 classified as gift revenue. The 10
   agencies we reviewed collected about 83 percent of this total.
   The revenue was derived from a variety of sources including
   private individuals, corporations, and nonprofit organizations.
   In addition to donations, income such as honoraria, travel
   reimbursements, and funds received under agreements between
   Federal agencies and nongovernmental organizations is also
   classified as gift revenue. (See encl. I.)

        Once gifts are accepted, agencies have great flexibility
   in using them. Legislation permitting agencies to accept and
   disburse gifts generally requires only that the gifts be used
   to further agency goals. In addition, there are no Government-
   wide criteria for judging a proper gift fund disbursement. An
   agency's flexibility is reduced only when a donor places a
   specific restriction on the use of a gift. In such cases,
   agencies must have authority to accept restricted gifts and,
   given this authority, mtst honor the donor's restriction.

        Gift funds are used for a variety of purposes depending
   on the needs and goals of individual agencies. During fiscal
   1979, for example, gifts were used to support museums, medical
   research, cultural activities, and social events. In the



                                             /           (905009)

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most