The Tibet Fund

Program: Overseas Refugee Assistance Programs for South Asia Assistance Listing Number: 19.523 Federal Agency: U.S. Department of State Award Identification: SPRMCO20CA0150 Year 2023 Criteria: Reporting – Under the requirements of the Federal Funding Accountability and Transparency Act (Pub. L. No. 109‐282), as amended by Section 6202 of Pub. L. No. 110 252, that are codified in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative agreements are required to report first‐tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS). This reporting (per 2 CFR Part 170, Appendix A, Section 1, paragraph 2.I.ii.) must be made no later than the end of the month following the month in which the obligation or modification was made to http://www.fsrs.gov. Condition: During the course of our audit procedures performed on reporting requirements, it was noted that subawards meeting the $30,000 threshold were not reported to FSRS as required. Questioned costs: None Context: We requested supporting documentation for four out of four subawards greater than $30,000 to support proper reporting to FSRS, but it was noted that no support could be provided as the reporting did not occur. Effect: Awards to subrecipients were not reported as required. Cause: The Fund identified the reporting requirement but was not monitoring the subrecipients to ensure that they obtained all necessary registrations that would enable the Fund to file the reports. Repeat finding: This is not a repeat finding. Recommendation: We recommend that The Fund implement controls and procedures to monitor its subawards and ensure that awards meeting the $30,000 threshold are identified and reported no later than the last day of the month following the month in which the subaward/subaward amendment obligation was made or the subcontract award/subcontract modification was made. Views of responsible officials and planned corrective actions:

This is in response to the year 2023 audit reports Section III, reference # 2023-001. We agree with the finding regarding late FFATA reporting and have taken the following corrective actions. 1. We have reported the sub-awards identified in the audit reports on the FFATA SubawardReporting System and have saved proof of this reporting with the existing sub-award documentation. 2. We have updated the Subawards Process in our Fiscal and Operations Policies &Procedures Manual to include a Subaward Checklist with all of the knownrequirements for properly issuing a Subaward. All required items on this checklistwill need to be completed, and the Director of Finance and Regional Field Directormust wet sign or approve the checklist electronically prior to issuing a sub-awardor an amendment to a sub-award. The checklist must be accompanied by adequatedocumentation substantiating that all of the required items have been completed. With these corrective actions and improved procedures in place, we are confident this issue will not recur in the future.