Boulder nonprofit returns grant funds to settle DOJ investigation
BOULDER — A Boulder-based nonprofit weather research organization has repaid more than $2.4 million to three federal agencies, grant money that the Department of Justice said was improperly drawn down for expenses not yet incurred.
The nonprofit, the Center for Severe Weather Research, said through its president that the company was found to have inadequate accounting controls. While the grant money was drawn down from federal agencies, it had not been spent.
“We’ve been receiving grants since 2004. We had annual audits. We thought we were following what we needed to do, and we happily returned unspent money, and we returned a…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!
Related Posts
-
Boulder’s Human Relations Fund, which supports community-initiated activities that focus on civil rights, human rights…
-
Voters in the southeastern Weld County town of Hudson were opposing Ballot Issue 2F, a…
-
Same-sex marriage has been legal nationwide for nearly a decade, but, thanks to a currently…
-
Democratic Colorado lawmakers this week unveiled a proposal to remove a decades-old requirement that would-be…
