FAC Explorer

Audit 354973

FY End
2024-12-31
Total Expended
$9.28M
Findings
0
Programs
23
Organization: The Conservation Fund, A Nonprofit Corporation & Affiliates (VA)
Year: 2024 Accepted: 2025-04-29
Auditor: Rsm US LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
12.021 Army National Guard Army Compatible Use Buffer Program $3.11M Yes 0
10.001 Agricultural Research Basic and Applied Research $3.11M - 0
15.630 Coastal $593,792 Yes 0
11.438 Pacific Coast Salmon Recovery Pacific Salmon Treaty Program $583,658 - 0
66.475 Geographic Programs – Gulf of Mexico Program $500,000 - 0
10.310 Agriculture and Food Research Initiative (afri) $284,969 - 0
10.902 Soil and Water Conservation $177,981 - 0
15.664 Fish and Wildlife Coordination and Assistance $136,523 - 0
23.011 Appalachian Research, Technical Assistance, and Demonstration Projects $120,959 - 0
10.890 Rural Development Cooperative Agreement Program $110,142 - 0
81.089 Fossil Energy Research and Development $106,917 - 0
10.932 Regional Conservation Partnership Program $97,112 - 0
15.930 Chesapeake Bay Gateways Network $82,401 - 0
10.182 Covid-19 - Pandemic Relief Activities: Local Food Purchase Agreements with States, Tribes, and Local Governments $55,602 - 0
15.657 Endangered Species Recovery Implementation $38,700 - 0
15.658 Natural Resource Damage Assessment and Restoration $35,410 - 0
10.234 American Rescue Plan Technical Assistance Investment Program $30,502 - 0
10.935 Urban Agriculture and Innovative Production Grants Program (uaip) $21,673 - 0
10.676 Forest Legacy Program $16,391 - 0
10.186 Regional Food Business Centers $16,092 - 0
15.634 State Wildlife Grants $13,060 - 0
15.654 National Wildlife Refuge System Enhancements $5,647 - 0
10.069 Conservation Reserve Program $1,727 - 0

Contacts

Name Title Type
JZWRG5JGXS61 John S. Gilbert Auditee
7035256300 Thomas J. Sneeringer Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: TCF has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. Rather, TCF negotiates and utilizes a rate with the Federal Government. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the standalone entity of The Conservation Fund, a Nonprofit Corporation (the Fund) under programs of the federal government for the year ended December 31, 2024. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Fund, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Fund.
Title: Summary of Significant Accounting Policies Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: TCF has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. Rather, TCF negotiates and utilizes a rate with the Federal Government. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available.
Title: Indirect Cost Rate Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: TCF has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance. Rather, TCF negotiates and utilizes a rate with the Federal Government. The Fund has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.