20 U.S.C. § 4708 : US Code - Section 4708: Expenditures from fund

Search 20 U.S.C. § 4708 : US Code - Section 4708: Expenditures from fund

(a) In general
The Secretary of the Treasury may pay to the Foundation from the
interest and earnings of the fund such sums as the Board determines
are necessary and appropriate to enable the Foundation to carry out
the purposes of this chapter.
(b) Audits by GAO
The activities of the Foundation under this chapter may be
audited by the Government Accountability Office under such rules
and regulations as may be prescribed by the Comptroller General of
the United States. Representatives of the Government Accountability
Office shall have access to all books, accounts, records, reports,
and files and all other papers, things, or property belonging to or
in use by the Foundation pertaining to such activities and
necessary to facilitate the audit.