According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information
unless such collection displays a valid OMB control number. The valid OMB control number for this information
collection is 1840-0564. The time required to complete this information collection is estimated to average 3 hours
per response, including the time to review instructions, search existing data resources, gather the data needed, and
complete and review the information collection. If you have any comments concerning the accuracy of the time
estimate(s) or suggestions for improving this form, please write to: U.S. Department of Education, Washington, D.C. 20202-4651.
This financial reporting form will be utilized for Title III, Part A, Title III Part B, and Title V Program Endowment Activities.
The purpose of this Annual Financial Report is to have the grantees
report annually the kind of investments that have been made, the income earned and spent, and whether any part of the Endowment
Fund Corpus has been spent. This information allows us to give technical assistance and determine whether the grantee has
complied with the statutory and regulatory investment requirements. Responses to the collection of information are required
consistent with the provisions of P.L. 98-95 Section 331 under the Endowment Challenge Grant, HEA 1965, as amended. As these
materials contain no confidential information, these application materials will become part of ED’s public records once
submitted and approved in accordance with the regulations promulgated under the Paperwork Reduction Act (5 CFR 1320.8(b)(3)(v)).