FAC Explorer

Audit 413125

FY End
2025-12-31
Total Expended
$11.45M
Findings
2
Programs
10
Organization: The George E. Brown United States-Mexico Foundation for Science (DC)
Year: 2025 Accepted: 2026-09-29
Auditor: WATTS CPA PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1238177 2025-001 Material Weakness Yes G
1238178 2025-001 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
93.318 PROTECTING AND IMPROVING HEALTH GLOBALLY: BUILDING AND STRENGTHENING PUBLIC HEALTH IMPACT, SYSTEMS, CAPACITY AND SECURITY $180,412 Yes 0
93.283 CENTERS FOR DISEASE CONTROL AND PREVENTION INVESTIGATIONS AND TECHNICAL ASSISTANCE $117,180 Yes 0
47.U01 ENDOWMENT EXPENSES $69,517 Yes 0
81.U01 INCLUSIVE ENERGY INNOVATION PRIZE $60,450 Yes 0
43.U01 ENDOWMENT EXPENSES $50,870 Yes 0
66.202 CONGRESSIONALLY MANDATED PROJECTS $34,618 Yes 1
10.U01 ENDOWMENT EXPENSES $33,145 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, 2025: National Science Foundation Endowment $4,000,000 Original amount not yet expended Endowment earnings during 2025 $69,517 Amount expended during 2025. Expiration date: September 30, 2091 National Aeronautics and Space Administration Endowment $3,000,000 Original amount not yet expended Endowment earnings during 2025 $50,870 Amount expended during 2025. Expiration date: Not specified United States Department of Agriculture Endowment $1,900,000 Original amount not yet expended Endowment earnings during 2025 $33,145 Amount expended during 2025. 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 2025 $34,618 Amount expended during 2025. Expiration date: 99 years, starting in 1993

Finding Details

Finding 2025-001
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 have filed muliple lawsuits dating back to 2020 because the way IMPI withdrew from the agreement was illegal. The latest ruling was September 8, 2025 and requires IMPI to reestablish the $5,000,000 endowment and pay the unpaid investment earnings from August 2020 to May 2024. We expect this to be resolved in the second quarter of 2026.