Auditing and Financial Management:

Jefferson's Poplar Forest Commemorative Coin Program

AIMD-97-118R: Published: Jul 18, 1997. Publicly Released: Jul 18, 1997.

Additional Materials:


David L. Clark, Jr
(202) 512-3000


Office of Public Affairs
(202) 512-4800

Pursuant to a legislative requirement, GAO audited the Corporation for Jefferson's Poplar Forest's use of commemorative coin surcharge proceeds.

GAO noted that: (1) the Corporation received about $998,000 in final coin surcharge proceeds from the U.S. Mint in 1994 and established an endowment consisting of invested surcharge proceeds and related earnings in November 1995; (2) the purpose of the endowment is to provide financial resources to restore and maintain Poplar Forest; (3) as of April 1997, the Corporation had not made any expenditures from the endowment, other than related investment fees; and (4) the endowment balance as of April 1997 was about $1.3 million.

Mar 27, 2015

Mar 16, 2015

Feb 27, 2015

Feb 26, 2015

Feb 12, 2015

Dec 23, 2014

Dec 9, 2014

Nov 17, 2014

Looking for more? Browse all our products here