The Vietnam Veterans Memorial Fund's Financial Operations Were Properly Accounted for and Reported

AFMD-84-59: Published: May 23, 1984. Publicly Released: May 23, 1984.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to congressional requests and in response to allegations raised by a television station and others, GAO conducted a comprehensive audit of the financial operations of the Vietnam Veterans Memorial Fund. The Fund was authorized to erect the Vietnam Veterans Memorial in Washington, D.C.

GAO found that: (1) receipts and disbursements were properly accounted for and reported by the Fund; (2) fundraising costs were reasonable in relation to fundraising receipts; (3) disbursements made by the Fund were for goods and services received and were properly documented; (4) disbursements made by the Fund were for activities consistent with its charter and its purposes; (5) prior financial audits of the Fund were properly conducted in accordance with generally accepted auditing standards; (6) the Fund did not attempt to conceal its financial information; and (7) numerous allegations raised by a television reporter's investigation and by others were unsubstantiated. GAO noted that its investigation did not reveal any improper or illegal actions by the Fund, its officers, or its directors.

Sep 28, 2018

Sep 20, 2018

Sep 17, 2018

Sep 12, 2018

Sep 5, 2018

Aug 30, 2018

Aug 27, 2018

Aug 15, 2018

Jul 30, 2018

Jul 26, 2018

Looking for more? Browse all our products here