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B-197020 1 (1980-09-17)

handle is hein.gao/gaobabjwd0001 and id is 1 raw text is: 


                      COMPTROLLER GENERAL OF THE UNITED STATES
,  7  )                        WASHINGTON D.C. 20546




                                                      B-197020



                                      September 17, 1980







   Dr. Jack W. Millar, President
   Gorgas Memorial Institute of Tropical
     and Preventive Medicine, Inc.
     2007 Eye Street, N.W.
   Washington, D.C. 20006

   Dear Dr. Millar:

         Your letters of March 28 and April 22, 1980 your reference
   192/and 226/80, take exceptio   to GAO's legal c clusion that some
   $8,000 of interest earned onappropriated fundseceived in fiscal
   .-year 1979, should not have been credited to the Institute's Endow-


         Our audit findings remain as stated. However, after recon-
    sidering the Institute's long standing relationship with the
    Government, we now believe that the appropriation to the Institute
    is in the nature of an outright, unrestricted gift. Consequently,
    the usual restrictions applicable to grants do not apply and in-
    terest earned on the funds appropriated may-be credited to the
    Institute's Endowment Fund. Our legal conclusion to the contrary
    contained in our letter to you and in our report to the Institute's
    directors should be disregarded.

                                  Sincerely,




                           For the Comptroller Geeral
                                  of the United States

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