NATIONAL SCIENCE FOUNDATION OFFICE OF INSPECTOR GENERAL OFFICE OF INVESTIGATIONS CLOSEOUT MEMORANDUM Case Number: 109120071 Page 1 of 1 OIG conducted an investigation of an awardee 1 to determine whether the awardee accurately reported award expenditures to NSF in quarterly financial reports and appropriately drew down NSF award funds. Upon receipt and review of the entity's financial records, we determined that the entity over reported actual expenditures 2 on two of its NSF awards 3 during certain reporting periods and inappropriately drew down funds on a reimbursement basis before they were expended. Because the awardee has since merged into a larger non-profit entity with adequate policies, and the larger non-profit entity's NSF awards did not appear to have the same reporting or draw down problems, OIG notified the new entity of the issues identified and requested that it employ greater financial controls over entities it acquires in the future to ensure proper reporting to NSF in the future. No further investigative activity is warranted. This investigation is closed. NSF OIG Form 2 (11102)
Published by the National Science Foundation, Office of Inspector General on 2012-07-20.
Below is a raw (and likely hideous) rendition of the original report. (PDF)