FAC Explorer

Audit 368844

FY End
2024-12-31
Total Expended
$12.20M
Findings
2
Programs
12
Organization: The George E. Brown United States-Mexico Foundation for Science (DC)
Year: 2024 Accepted: 2025-09-29
Auditor: Watts CPA PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1156485 2024-001 Material Weakness Yes G
1156486 2024-001 Material Weakness Yes G

Programs

ALN Program Spent Major Findings
47.U01 Endowment $4.00M Yes 0
43.U01 Endowment $3.00M Yes 0
10.U01 Endowment $1.90M Yes 0
93.283 Centers for Disease Control and Prevention Investigations and Technical Assistance $919,173 Yes 0
93.318 Protecting and Improving Health Globally: Building and Strengthening Public Health Impact, Systems, Capacity and Security $159,379 Yes 0
47.U01 Endowment Expenses $69,293 Yes 0
43.U01 Endowment Expenses $50,712 Yes 0
66.202 Congressionally Mandated Projects $34,506 Yes 1
10.U01 Endowment Expenses $33,038 Yes 0
81.U01 Inclusive Energy Innovation Prize $19,502 Yes 0
19.022 Educational and Cultural Exchange Programs Appropriation Overseas Grants $11,161 Yes 0
11.307 Economic Adjustment Assistance $2,549 Yes 0

Contacts

Name Title Type
CGDKSUBRTBN4 Eugenio Marin Auditee
4066725176 Brad Watts Auditor
No contacts on file

Notes to SEFA

The Organization has no federally funded insurance.
The Organization has the following endowments as of December 31, 2024: National Science Foundation Endowment $4,000,000 Original amount not yet expended Endowment earnings during 2024 $69,293 Amount expended during 2024. Expiration date: September 30, 2091 National Aeronautics and Space Administration Endowment $3,000,000 Original amount not yet expended Endowment earnings during 2024 $50,712 Amount expended during 2024. Expiration date: Not specified United States Department of Agriculture Endowment $1,900,000 Original amount not yet expended Endowment earnings during 2024 $33,038 Amount expended during 2024. Expiration date: 99 years, starting in 1993 Environmental Protection Agency Congressionally Mandated Projects Endowment $2,000,000 Original amount not yet expended Endowment earnings during 2024 $34,506 Amount expended during 2024. Expiration date: 99 years, starting in 1993

Finding Details

Finding 2024-001
Compliance and IC over Compliance Assistance Listing Number 66.202 Environmental Protection Agency Endowment EPA Assistance Agreement ID Number: XP989490-01-0 Dated September 30, 1999 Criteria: Per the EPA Assistance Agreement Terms and Conditions "3. Upon receiving the grant award, the grantee will secure matching funds from the Mexican government." Condition Found: On September 26, 2011, the Organization obtained a match from the Instituto Mexicano de la Propiedad Industrial “IMPI” on behalf of the Mexican government. The match was in Mexican Peso equivalent of $5 million US Dollars based on that day’s exchange rates published on the date of the agreement by the Banco de Mexico in the Diario Oficial de la Federacion. During April 2020 IMPI notified the Organization that they will no longer provide the matching funds due to economic hardship related to covid 19. Context: The condition noted was identified as part of our review of federal awards. Effect: The Organization is in non-compliance with match requirements. Cause: IMPI will no longer match the funds due to economic hardship related to covid 19. Questioned Cost: None Recommendation: It is recommended the Organization seek additional contributions sourced within Mexico. In addition, the Organization should contact the federal awarding agency to discuss possible alternative resolutions to this finding. Views of Responsible Officials We filed a lawsuit in 2020 because the way IMPI withdrew from the agreement was illegal, which had a favorable outcome in late 2021. We filed a second lawsuit, that we also won, to enforce the previous lawsuit as the funds have not been reestablished. We expect this to be resolved by the end of March 2025.