GESCHICKTER FOUNDATION

• Document Type: SPECIALCOLLECTION
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): 00703460
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 1
• Document Creation Date: January 23, 2025
• Document Release Date: February 12, 2002
• Publication Date: December 14, 1953

STANDARD FORM M. 64
SECRET
Office Memorandum UNITED STATES GOVERNMENT
TO : Chief, Inspection Division
FROM :
supywr: Geschickter Foundation
EMACE 14 December 1953
1. Chief, Field Audit Drench, Finance Office, was
contactec, oh _LI Decemer _053 relative to developments in connection with
-F.he status of this Yko,encv's covert oontrnct-; T.,Tith the Gesciliclot.er Fo,,n6atip
advises that the aeschickter Foundation project is one of
several Coiluraeus under Project ImmTnA, a TSS undertaking, and that site
audits and other accepted controls relating to pc7ments for contractural
services have been waived on these projects.
3. stated that several months ago his office was permitted
to conduco iii-minary audit of the Geschickter Foundation and this
audit indicated that certain accounting and bookkeeping procedures were
inadequate, and that certain expenditures were not being supported by
sufficient accounting evidence. He stated that since the Agency contract
with the Geschickter Foundation waived site audits and other control
requirements, be was not in a position to establish adequate audit controls
or to take action on his pre:ami1e/7 audit findings.
4. stated that in view of the above situation he had taken
steps to protect -bile interests of his office and had called this situation
to the attention of the Chief, Finance Division. In this connection it
was learned that under date of 23 Dc)vember 1953 a memorandmq from the Chief,
Finance Office to the Comptroller relating to the 11-aLTIA contracts, pointed
out that "the procurement instruments coverin7 these coLnittments do not
provide for site audits, and other generally accepted controls related to
the payment for contracture' services have been waived in the administration
of these cont;:-acts." This memorandar- also indicated that the Auditor in
Chief had been instructed to make an audit or review of the Project.
5. Under date of 14 December, Chief, Audit Office was
contacted and confirmed that T DDA, had requested him to
conduct a general audit of 1.:111Jil'a, and related projects. says
that he expects to undertake this audit about 1 January.
(14 December 1953)
UT131:1-
APPROVED FOR RELEASE
DATE: FEB 2002