Donations and Contributions

Under the Corporation’s authorizing legislation, donated funds may be accepted and used in furtherance of the

purposes of the national service laws (42 USC 12651g (a) (2) (A)). The law allows the Corporation to“solicit,

accept, hold, administer, use, and dispose of, in furtherance of the purpose of the national service laws,

donations of any money or property, real, personal, or mixed, tangible or intangible, received by gift, devise,

bequest or otherwise.”The legislation also requires that the Corporation report to the Congress on the nature

and the amount of donations, as well as on how they were used and disposed of (in the case of donated

property) in support of its programs and activities. This report fulfills these requirements for FY 2009.

The Corporation also utilizes Pay.gov, a Treasury program that allows federal agencies to conduct transactions

online. Under the Pay.gov program, the Corporation collects donations by credit card or direct debit from

donors. Pay.gov facilitates the process of collecting gift funds from donors online through a secure website

with real-time identification verification and provides the reporting necessary for processing transactions. The

following schedules show the Gift Fund balances available to fund authorized activities as well as the receipts

and expenses paid from the Gift Fund in FY 2009 and FY 2008, respectively.

CNCS FY 2009 Annual Financial Report 1

Other Information: Donations and Contributions PARTIV

Other Accompanying Information

Fund Balance Less: Obligations

Donor with Treasury & Commitments Funds Available

A&ETelevision Networks $ 3,142 $ 600 $ 2,542

Best Buy 25,305 1,068 24,237

BradleyFoundation 2,030 2,030 -

CVS 22,500 - 22,500

Home Depot 158,606 560 158,046

Land'O Lakes 2,814 717 2,098

Ralph Lauren PoloFoundation 56,779 1,532 55,246

StateFarm InsuranceCo. 916 830 86

UPSFoundation 2,026 - 2,026

USA Freedom Corps 60,521 (30) 60,550

CaseFoundation - - -

Shell OilCo. 25,000 - 25,000

KelloggFoundation 383,857 340,337 43,520

Disaster ReliefFund 14,612 3,112 11,500

Microsoft 31,500 31,500 -

Target 27,150 9,257 17,893

Motorola 15,000 15,000 -

IBEWUnion 5,108 1,508 3,600

MiscellaneousSmallCheck Donations 9,241 6,587 2,655

MiscellaneousSmallElectronic Donations 42,261 1,581 40,680

Total $ 888,368 $ 416,189 $ 472,179

Status of GiftFund Balance as ofSeptember 30, 2009 (dollars in thousands)
PARTIV Other Information: Donations and Contributions

2 CNCS FY 2009 Annual Financial Report

FY 2009 FY 2008

Donor/Purpose Use ofFunds Receipt Expense Receipt Expense

A&ETelevision Networks Support for summiton History,CivicsandService $ - $ 1,658 $ - $ 1,209

Best Buy Grants for the MLK – DayofService - 5,000 5,000 8,815

BradleyFoundation Activities in Gulf Region - - - 10,340

CVS White HouseCounselon AgingConference - - 30,000 15,000

Home Depot Disaster rebuildingactivities - - - 31,000

Land'O Lakes NCCC Graduation - - - 717

Ralph Lauren PoloFoundation Support for NCCCprogram activities - 2,721 - -

StateFarm InsuranceCo. Learn & Serve America15th anniversaryconference 119,209 118,304 - 948

UPSFoundation Support for USA FreedomCorps website - - - 85,808

and national nonprofitvolunteerism study

Walt DisneyCompany Corporation projects in supportof USA FreedomCorps - 107 - 621

CaseFoundation Support mediaandrelatedevents forPresident'sCouncil - - - 25,000

Shell OilCo. MLK-DayofServices forFY2008 25,000 8,394 - 16,606

KelloggFoundation AmeriCorps-to mobilizevolunteers. - 16,143 400,000 -

IBEWUnion Boardof DirectorsSupport 5,000 490 1,000 403

Motorola NationalConference 15,000 15,000 10,000 10,000

Microsoft Student Driven Virtual Help Desk 152,000 60,000 - -

Target SummerService 94,212 67,062 - -

Small Individual Donations Restricted to:

Disaster Relief $ 4,290 $ 150 $ (1,295) $ 17,932

SeniorCorps 231 - 35 -

AmeriCorps (General) 2,387 - 56,950 56,750

CNCS General 3 1,262 501 383

AmeriCorps*NCCC 31,925 4,340 120 2,778

Learn & Serve America - 7,474 8,125 (30)

AmeriCorps*VISTA 230 - 3,430 -

General/MiscellaneousSupport - 4,661 1,721 1,825

Total $ 449,487 $ 312,766 $ 515,587 $ 284,668

Supplemental Information on the Source and Use1 Of Donations

I Fundsexpendedduringa fiscalyear mayincludeamountsdonatedin apreviousyear. In addition,expenses includeonlytheamountaccruedduringthe fiscalyearanddo not reflectamounts that havebeen

obligatedbut notyetexpended.Parentheses () indicatereversalofexpensespreviouslyaccruedtotheaccountandreturnedchecks from prioryears.
Awarded Awarded Not Certified Planned

AmeriCorps Program Enrolled Enrolled Not Awarded NotCertified Total

State & National 21,830 43,528 – – 65,358

VISTA 4,960 – 123 5,083

NCCC 1,065 ––– 1,065

Total 27,855 43,528 – 123 71,506

Table 1.Member Position Award Activity – ProgramYear 2009

Awarded Awarded Not Certified Planned

AmeriCorps Program Enrolled Enrolled Not Awarded NotCertified Total

State & National 63,563 2,582 – – 66,145

VISTA 4,859 ––– 4,859

NCCC 1,105 ––– 1,105

Total 69,527 2,582 – – 72,109

Member Position Award Activity – ProgramYear 2008

Other Information: National Service Trust Fund Status Report PARTIV

CNCS FY 2009 Annual Financial Report 3

Corporation for National and Community Service

National Service Trust Fund Status Report For September 2009

The National Service Trust Fund (the Trust) was established by the National and Community Service Trust Act of

1993 (42 USC 12601, et seq.) to provide funds for education awards for eligible participants who complete

AmeriCorps service. Funding for the Trust comes from appropriations, interest earned, and proceeds from the

sale or redemption of Trust investments. The Trust is also authorized to receive gifts or bequests; however, to

date, no donations have been received by the Trust. Under the Act, funds are available to repay qualified

student loans; pay educational expenses at a qualified institution of higher education; and repay eligible

interest expense on student loans.

The value of an education award depends on the term of service performed by an AmeriCorps member.

Completion of a full-time term of service, currently requiring a minimum of 1,700 hours of service, entitles an

AmeriCorps member to an education award of $4,725. Completion of a part-time term, requiring a minimum of

900 hours of service, entitles an AmeriCorps member to an educa¬tion award of $2,362.50. Reduced part-time

terms, which provide awards of $1,000 to $1,800, are also offered. Education awards earned by AmeriCorps

members are generally available to be used for seven years from the completion of the service. Payments are

made directly to the educational institutions and the loan holders as directed by the members and by the

institutions. Trust funds are not used to pay member stipends or other grant costs. Beginning in fiscal 2010, the

education award increases to $5,350 and will be indexed to Pell grants.

Table 1 shows the planned activity for the current Program Year and actual enrollments to date against the plan.

The plan is based on the Corporation’s enacted funding level for the fiscal year. The table also includes similar

data on the prior Program Year for comparative purposes. Member positions (slots) classified as“Certified Not

Awarded”have been approved by the Corporation’s Chief Executive Officer for award to grantees for which the

final grant award has not been executed. For budgetary purposes these positions are considered commitments
1 TheCorporation’s initial Recovery Actplan projectedatotalof13,000positions with 50%full time,50%part timeand noreducedpart timepositions. Therevisedplan

projects64%full time,10%part timeand26%reducedpart time(reducedpart timepositions havetheleast impacton theTrust). Therevisedconfiguration, which includes reducedpart timeslots, results in theoverall numberofplannedpositions increasingby2,117(including VISTAs whoselectastipendin lieuof theeducation

award). TheCorporation willperiodicallyupdatetheplan asactualawardsare made.

PARTIV Other Information: National Service Trust Fund Status Report

4 CNCS FY 2009 Annual Financial Report

in the Trust Fund. At September 30 planned slots are adjusted to reflect actual awards made through fiscal year

end. The decrease from 72,382 slots to 71,506 total slots below is reflective of this adjustment.

The 71,506 planned Trust positions for Program Year 2009 do not include an estimated 1,734 AmeriCorps VISTA

members who will elect an end-of-service stipend instead of an education award and 75 summer NCCC

members who do not receive an education award. Total planned enrollment for Program Year 2009, including

VISTA members electing a stipend and summer NCCC members, is 73,315. In addition, of the 5,083 VISTA Trust

positions, 1,189 are for Summer Associates who receive a Trust award of $1,000. Program Year 2009 slots have

been adjusted to reflect slot corrections and reconfigurations by grantees.

The 72,109 planned Trust positions for Program Year 2008 do not include 2,012 AmeriCorps VISTA members

who elected an end-of-service stipend instead of an education award. Total planned enrollment for the

Program Year, including VISTA members electing a stipend, is 74,121. Of the 4,859 VISTA Trust positions 766

were Summer Associates. Program Year 2008 slots have been adjusted to reflect slot corrections and

reconfigurations by grantees.

American Recovery and Reinvestment Act of 2009

The Corporation received funding under the American Recovery and Reinvestment Act of 2009 (Recovery Act)

to put AmeriCorps State and National and AmeriCorps VISTA members to work through national service,

meeting the needs of vulnerable populations and communities during the current economic recession. The

Trust received $40 million dollars to fund education award and interest forbearance payments for members

serving in these Recovery Act positions. Table 2 shows the planned Recovery Act positions and actual

enrollments to date against the plan.

The 14,383 planned Recovery Act Trust positions do not include an estimated 734 AmeriCorps VISTA members

who will elect an end-of-service stipend instead of an education award. Based on current trends for VISTA

Recovery Act positions the number of VISTA members selecting an education award increased by about 6%

(with a corresponding decrease in the number selecting a stipend). Total planned enrollment for Recovery Act

funding including VISTA members electing a stipend remains at 15,117. Recovery Act members are projected

to enroll between April 2009 (initial VISTA Recovery Act enrollments) and December 2010 (last State and

National Recovery Act Enrollments).

Trust Awards

Since the Corporation's inception in 1994 AmeriCorps members have earned over $1.746 billion in education

awards and used over $1.184 billion to fund their education and repay student loans. In addition, the

Awarded Awarded Not Certified Planned

AmeriCorps Program Enrolled Enrolled Not Awarded NotCertified Total

AmeriCorpsState & National 6,509 3,938 – 786 11,233

NoCostTrustPositions (allprogramseligible) ––– 264 264

Volunteers in Serviceto America(VISTA) 2,776 – – 110 2,886

Total Recovery ActPositions 9,285 3,938 – 1,160 14,383

Table 2.Member Position Award Activity – American Recovery and Reinvestment Act
Program Program Program Program Program

Year Year Year Year Year Recovery Fail-safe

2005 2006 2007 2008 2009 Act Trigger

Numberof RefilledPositions 583 1,099 1,441 1,437 65 0 N/A

RefillsasaPercentof Awarded 0.89% 1.64% 2.16% 2.17% 0.1% 0.00% 5%

State & NationalPositions

State & NationalEnrollmentasaPercentage 87.25% 94.58% 93.82% 96.10% 33.40% 62.30% 97%

of AwardedState & NationalPositions

Table 3. Number of Refilled Positions(Resultsto Date)

Other Information: National Service Trust Fund Status Report PARTIV

CNCS FY 2009 Annual Financial Report 5

Corporation has made $42.232 million in interest forbearance payments. Approximately $164.75 million in

education awards earned have expired without being used as of September 30, 2009. The Trust obligation

formula has been adjusted to reflect these expired awards.

Payments for President's Freedom Scholarships have totaled $21.491 million. The Corporation no longer

awards a $500 scholarship from the National Service Trust for high school students earning the Presidential

Freedom Scholarships. Through fiscal 2006, this scholarship was matched with $500 from a local sponsor for a

total of $1,000 to help the student fund a college education. While the program has been discontinued,

students have up to seven years to use the scholarship and some payments will continue to be made over the

next several years.

Refilled Positions

The Corporation implemented a limited policy allowing grantees to refill positions vacated before a member

served more than 15 percent of his or her service term. In May 2007, this policy was expanded to include

positions vacated within 30 percent of service term completion provided that the departing member had not

earned a pro-rated education award. To prevent over enrollment, the policy includes“fail safe”triggers that

restrict the overall number of refills to no more than 5 percent of awarded positions and suspends refilling

altogether if total AmeriCorps enrollment reaches 97 percent of awarded positions. Table 3 provides

information on the number of positions refilled to date.

Chart 1.Education AwardsEarned and Used by Year (dollars in millions)

1994

19951996199719981999

20002001

2002200320042005

2006

2007

2008

2009

Recovery

Act

$180

$160

$140

$120

$100

$80

$60

$40

$20

$0

AwardsEarnedto Date Awards Usedto Date
PARTIV Other Information: National Service Trust Fund Status Report

6 CNCS FY 2009 Annual Financial Report

Trust Accounting

The Schedule of Financial Position (Table 4) and the Schedule of Operations (Table 5) present information on

the assets, liabilities, revenue and expenses of the Trust Fund using Generally Accepted Accounting Principles

(GAAP), which is the method of accounting for the liability used for financial statement purposes. Discrete

information on Trust activity related to Recovery Act funds and General funds as well as consolidated

information is provided.

GAAP requires the recording of a liability, which is a point in time estimate, for the unpaid earned and

expected-to-be-earned education award and interest forbearance costs that are likely to be claimed. GAAP

estimates are for members who have already completed at least 15 percent of the minimum service

requirement and who, therefore, have served enough hours to qualify for at least a partial education award.

The estimate of the Service Award Liability under GAAP includes factors for members who enroll but do not

earn an award, and for members who earn an award but do not use it within the period of availability. The

Corporation estimates that up to 84.3 percent of members earning an award will eventually use it. Because

certain accruals used to prepare the Schedule of Financial Position and the Schedule of Operations and

Changes in Net Position are only available on a quarterly basis, the monthly report presents information for the

most recently completed quarter.

Assets Recovery Act GeneralFund Consolidated

Fund Balance with Treasury $ 291,770 $ 160,362 $ 452,132

Investments,Carrying Value 39,694,985 476,038,302 515,733,287

InvestmentandInterest Receivable 767 4,104,060 4,104,827

Accounts Receivable - 349,475 349,475

Total Assets $ 39,987,522 $480,652,199 $520,639,721

Liabilities

Service AwardLiability $ 6,392,756 $317,674,214 $324,066,970

Net Position

Cumulative Resultsof Operations 33,594,766 162,977,985 196,572,751

TotalLiabilitiesand NetPosition $ 39,987,522 $480,652,199 $520,639,721

Corporation for National and Community Service

National Service Trust Fund

Table 4. Schedule of Net Position as ofSeptember 30, 2009
Assets Recovery Act GeneralFund Consolidated

Appropriations $ 40,000,000 $131,075,000 $171,075,000

Transfer in ofProgram Funds - 3,857,396 3,857,396

Interest 84,775 12,150,674 12,235,449

Other Revenue - 326,117 326,117

Total Revenues $ 40,084,775 $147,409,187 $187,493,962

Expenses

Service AwardExpense 6,490,009 165,171,999 171,662,008

(Writeoff) / Recoveryof Receivables - 30,565 30,565

TotalExpenses 6,490,009 165,202,564 171,692,573

Excessof Revenues OverExpenses $ 33,594,766 $(17,793,377) $ 15,801,389

Net Position

Excessof Revenues OverExpenses $ 33,594,766 $(17,793,377) $ 15,801,389

NetPosition, BeginningofYear - 180,771,362 180,771,362

NetPosition,EndofPeriod $ 33,594,766 $162,977,985 $196,572,751

Corporation for National and Community Service

National Service Trust Fund

Table 5. Schedule of Operationsthrough the QuarterEnded September 30, 2009

ProgramYear

2005 2006 2007 2008 2009 Recovery Act

Memberenrollments in theTrust 62,798 69,200 67,920 69,527 27,855 9,285

Percentageof members whoearned 78.0% 78.7% 81.5% 84.6% 76.5% 78.0%

an education award

Percentofearnededucation awardsused 67.2% 60.4% 53.5% 29.1% 23.7% 12.9%

Weightedaverage maturityfor investments 3% 3% 2.5% 2.4% 2.0% .25%

Breakoutofenrollmentbyterm type:

Full-time 45% 44% 45% 46% 74% 73%

Part-time 18% 17% 15% 15% 9% 10%

ReducedPart-time 37% 39% 40% 39% 17% 17%

Table 6.Factors Affecting the NationalService TrustFund

Other Information: National Service Trust Fund Status Report PARTIV

CNCS FY 2009 Annual Financial Report 7

Table 6 shows the most significant factors used to calculate Trust obligations on a historical basis. It is

important to note that Program Year refers to positions awarded with (although not necessarily filled in) a

particular fiscal year’s grant funds. For example, a grantee may receive a grant in fiscal year 2009 but not fill all

positions until fiscal 2010. All positions related to this grant would be considered Program Year 2009 positions

irrespective of the year filled.
PARTIV Other Information: National Service Trust Fund Status Report

8 CNCS FY 2009 Annual Financial Report

The Program Year data used throughout these tables reflects all enrollments recorded through the month of

the report. Prior year enrollment numbers may change slightly from time to time due to corrections or late

reporting by grantees. The percentage of members who earned an award in Table 6 is calculated by taking the

number of members who earned an award divided by the total members enrolled less members still earning.

For example, in Program Year 2008 there are 69,527 members enrolled in the Trust, of which 16,338 are

reported as still earning an award and 44,974 as having earned an award. Therefore the percentage of

members who earned an education award is calculated by dividing 44,974 by 53,189, which is 84.6 percent

[69,527 – 16,338 = 53,189].

The percentage of members using an award is calculated by taking the dollar amount of education awards

used divided by the total amount earned for the Program Year to date. Term type is based on Program Year

enrollments to date. The enrollment and award usage data used to compute these factors can be found in

Table 9, at the end of this report.

Tables 7 and 8 present information on the budgetary resources and obligations of the Trust, including the Trust

Reserve. The Schedule of Obligations and Schedule of Budgetary Resources presents information on a

budgetary basis, which represents the accounting used to determine adherence to the Anti-Deficiency Act. The

Corporation records Trust obligations at the time it awards AmeriCorps State & National grants or at the time it

enters into an enforceable agreement with AmeriCorps VISTA and NCCC members.

Assets Recovery Act GeneralFund Consolidated

Funds Availableat October1 $ - $ 8,847,610 $ 8,847,610

Budgetary Resources

FiscalYear Appropriation 40,000,000 131,075,000 171,075,000

Transfers in ofProgram Funds - 3,857,396 3,857,396

Deobligation ofExpiredPositions - 3,617,460 3,617,460

Less: Additions toTrust Reserve (3,500,000) - (3,500,000)

Total Budgetary Resources $ 36,500,000 $ 147,397,466 $ 183,897,466

Obligations

Education Awards (31,442,159) (133,320,782) (164,762,941)

InterestForbearance (1,330,001) (5,530,664) (6,860,665)

Total Obligations $(32,772,160) $(138,851,446) $(171,623,606)

NetChange in Commitments

Education Awards - 569,935 569,935

InterestForbearance - 31,256 31,256

NetChangein Commitments - 601,191 601,191

Funds Availablefor Obligation $ 3,727,840 $ 9,147,211 $ 12,875,051

Corporation for National and Community Service

National Service Trust

Table 7. Schedule of Budgetary Activity as ofSeptember 30, 2009
Other Information: National Service Trust Fund Status Report PARTIV

CNCS FY 2009 Annual Financial Report 9

The amounts obligated in the Trust are based on the estimated value of the education benefit, discounted for

the estimated enrollment, earning and usage rate and the time value of money. For fiscal 2009 these factors are

the full value of the Segal AmeriCorps Education Award, a 100 percent enrollment rate (allowing for refills), an

average earning rate of 80 percent (ranges from 75 to 85 percent depending on term type), and a usage rate of

82.6 percent. For program years 2002 and prior, the Corporation used the actual amounts earned, adjusted for

amounts used and the time value of money when establishing the obligation.

A portion of the funds in the Trust are held in reserve and are for use only in the event that the estimates used

to calculate obligations differ from actual results. The reserve currently totals $46.7 million for the General Fund

and $3.5 million for the Recovery Act Fund. To date, no reserve funds have been used.

Resources Recovery Act GeneralFund Consolidated

Fund Balance with Treasury $ 291,770 $ 160,362 $ 452,132

Investments, carryingvalue 39,694,985 476,038,302 515,733,287

InvestmentandInterest Receivable 767 4,104,060 4,104,827

Accounts Receivable - 349,475 349,475

Subtotal $ 39,987,522 $480,652,199 $520,639,721

Less:

CumulativeTrust Reserve (3,500,000) (46,697,000) (50,197,000)

Receivables Not Availablefor Obligation (47,030) (13,785,270) (13,832,300)

Total Resources 36,440,492 420,169,929 456,610,421

Unliquidated Obligations

Education Awards (31,381,866) (393,189,411) (424,571,277)

InterestForbearance (1,330,786) (16,797,807) (18,128,593)

President'sFreedom Scholarships - (1,035,500) (1,035,500)

Total Unliquidated Obligations (32,712,652) (411,022,718) (443,735,370)

Commitments

Education Awards - - -

InterestForbearance - - -

TotalCommitments - - -

Funds Availablefor Obligation $ 3,727,840 $ 9,147,211 $ 12,875,051

Corporation for National and Community Service

National Service Trust

Table 8. Schedule ofTrust Obligations as ofSeptember 30, 2009
PARTIV Other Information: National Service Trust Fund Status Report

10 CNCS FY 2009 Annual Financial Report

Enrollment Activity

Table 9 presents the cumulative activity to date on Trust enrollments, education awards earned and used for

Program Years 1994 through 2009 as well as Recovery Act positions.

Members

Program Members Earnings or Earned Did Not Amount Amount

Teay Type Enrolled NotExited an Award Earn Earned Used

1994 FullTime 15,331 0 11,463 3,868 $48,266,389.19 $35,310,605.51

PartTime 6,264 0 4,172 2,092 $8,988,028.17 $6,694,416.79

ReducedPartTime 2,815 0 2,433 382 $2,468,981.29 $1,752,755.29

Total 24,410 0 18,068 6,342 $59,723,398.65 $43,757,777.59

1995 FullTime 17,551 0 13,563 3,988 $61,095,280.87 $46,177,901.17

PartTime 6,850 0 4,362 2,488 $9,551,027.13 $6,944,709.87

ReducedPartTime 577 0 493 84 $481,481.98 $349,740.58

Total 24,978 0 18,418 6,560 $71,127,789.98 $53,472,351.62

1996 FullTime 17,634 0 13,320 4,314 $60,767,425.91 $47,451,146.25

PartTime 6,942 0 4,467 2,475 $10,085,197.90 $7,157,223.16

ReducedPartTime 593 0 505 88 $499,514.66 $394,179.93

Total 25,169 0 18,292 6,877 $71,352,138.47 $55,002,549.34

1997 FullTime 23,259 0 17,294 5,965 $79,318,854.34 $62,481,818.50

PartTime 12,832 0 7,083 5,749 $15,939,868.60 $11,715,903.86

ReducedPartTime 3,677 0 2,975 702 $2,904,130.87 $2,315,198.17

Total 39,768 0 27,352 12,416 $98,162,853.81 $76,512,920.53

1998 FullTime 24,749 0 17,903 6,846 $82,264,571.93 $65,297,549.08

PartTime 11,156 0 6,208 4,948 $14,031,027.14 $10,222,604.09

ReducedPartTime 5,101 0 3,829 1,272 $3,799,775.12 $3,002,711.80

Total 41,006 0 27,940 13,066 $100,095,374.19 $78,522,864.97

1999 FullTime 23,294 0 17,016 6,278 $78,324,396.27 $62,130,250.79

PartTime 11,333 0 6,915 4,418 $15,636,042.42 $11,215,207.18

ReducedPartTime 7,260 0 5,862 1,398 $6,095,874.28 $4,842,498.83

Total 41,887 0 29,793 12,094 $100,056,312.97 $78,187,956.80

2000 FullTime 26,203 0 19,082 7,121 $87,921,306.62 $69,365,746.66

PartTime 13,213 0 8,453 4,760 $19,404,182.70 $13,647,092.67

ReducedPartTime 13,619 0 10,272 3,347 $10,645,579.77 $8,512,063.88

Total 53,035 0 37,807 15,228 $117,971,069.09 $91,524,903.21

2001 FullTime 29,455 0 22,600 6,855 $104,409,272.45 $81,718,299.34

PartTime 13,834 0 8,884 4,950 $20,165,005.40 $13,647,697.08

ReducedPartTime 15,827 0 12,470 3,357 $12,967,902.89 $9,873,469.85

Total 59,116 0 43,954 15,162 $137,542,180.74 $105,239,466.27

2002 FullTime 28,139 0 23,172 4,967 $107,730,673.73 $83,573,806.00

PartTime 9,427 0 6,478 2,949 $14,859,278.64 $9,871,157.93

ReducedPartTime 10,842 0 8,118 2,724 $9,300,854.33 $7,059,097.84

Total 48,408 0 37,768 10,640 $131,890,806.70 $100,504,061.77

Table 9. TrustEnrollment Activity – ProgramYears 1994 through 2009
Other Information: National Service Trust Fund Status Report PARTIV

CNCS FY 2009 Annual Financial Report 11

Members

Program Members Earnings or Earned Did Not Amount Amount

Teay Type Enrolled NotExited an Award Earn Earned Used

2003 FullTime 18,319 0 15,236 3,083 $70,063,810.06 $51,346,171.99

PartTime 9,424 0 7,063 2,361 $16,283,881.70 $10,652,919.66

ReducedPartTime 13,273 0 10,589 2,684 $12,083,786.39 $8,799,824.33

Total 41,016 0 32,888 8,128 $98,431,478.15 $70,798,915.98

2004 FullTime 29,040 0 24,362 4,678 $113,184,311.73 $83,747,246.35

PartTime 10,833 0 7,614 3,219 $17,514,510.62 $11,032,329.38

ReducedPartTime 22,779 0 17,992 4,787 $20,763,252.88 $14,994,962.46

Total 62,652 0 49,968 12,684 $151,462,075.23 $109,774,538.19

2005 FullTime 28,303 2 23,079 5,222 $107,086,018.55 $73,009,359.34

PartTime 11,132 1 7,808 3,323 $17,966,162.85 $10,953,952.34

ReducedPartTime 23,363 14 18,082 5,267 $20,336,250.95 $13,778,174.21

Total 62,798 17 48,969 13,812 $145,388,432.35 $97,741,485.89

2006 FullTime 30,346 194 24,965 5,187 $116,003,546.50 $70,396,081.42

PartTime 11,610 338 8,082 3,190 $18,665,423.22 $10,086,850.86

ReducedPartTime 27,244 35 20,970 6,239 $23,794,394.96 $15,222,251.96

Total 69,200 567 54,017 14,616 $158,463,364.68 $95,705,184.24

2007 FullTime 30,849 234 25,983 4,632 $121,051,723.44 $65,598,154.16

PartTime 10,131 1,046 6,829 2,256 $15,764,514.55 $7,024,200.10

ReducedPartTime 26,940 643 20,945 5,352 $23,855,923.88 $13,320,471.86

Total 67,920 1,923 53,757 12,240 $160,672,161.87 $85,942,826.12

2008 FullTime 32,255 4,980 23,553 3,722 $110,066,236.76 $32,617,783.46

PartTime 10,367 4,470 4,401 1,496 $10,184,600.76 $1,761,326.87

ReducedPartTime 26,905 6,888 17,020 2,997 $19,235,180.79 $6,165,922.99

Total 69,527 16,338 44,974 8,215 $139,486,018.31 $40,545,033.32

2009 FullTime 20,580 19,359 712 509 $3,162,154.12 $651,033.94

PartTime 2,533 2,508 0 25 $0.00 $0.00

ReducedPartTime 4,742 3,510 1,184 48 $1,184,915.47 $379,021.46

Total 27,855 25,377 1,896 582 $4,347,069.59 $1,030,055.40

Recovery FullTime 6,744 6,617 7 120 $8,505.00 $0.00

Act PartTime 945 898 14 33 $31,586.62 $3,543.80

ReducedPartTime 1,596 920 642 34 $708,731.33 $93,471.13

Total 9,285 8,435 663 187 $748,822.95 $97,014.93

Cumulative to Date 768,030 52,657 546,524 168,849 $1,746,921,347.73 $1,184,359,906.17

Table 9. TrustEnrollment Activity – ProgramYears 1994 through 2009 (Continued)
Chief Executive Officer Certification

The Strengthen AmeriCorps Program Act requires that the CEO of the Corporation annually certify that the

Corporation is in compliance with the requirements of the Act and obtain an independent audit of the

accounts and records demonstrating the manner in which the Corporation has recorded its Trust estimates. The

Corporation Office of Inspector General contracted with Clifton Gunderson LLP, an independent accounting

firm, to perform the audit required by the Act. Based on the Corporation's analysis and OIG audit results, the

Corporation certifies that it complied with the Act for fiscal 2009.

Nicola Goren William Anderson

Acting Chief Executive Officer Acting Chief Financial Officer

12 CNCS FY 2009 Annual Financial Report

PARTIV Other Information: National Service Trust Fund Status Report
Improper Payments

The Improper Payments Information Act (IPIA—P.L. 107-300) requires Federal agencies to identify and report on

significant payment programs that are susceptible to erroneous payments. The Act defines significant erroneous

payments as those within a single payment program that exceed both 2.5 percent of that program’s annual

amounts paid and $10 million annually. The Corporation reviewed its operations identifying 12 payment

programs, and assessed each to determine which, if any, were susceptible to significant erroneous payments.

Only seven of the 12 programs make total annual payments that exceed $10 million. For any of the seven

programs under which total payments exceed $10 million, preliminary error rates exceeding the 2.5 percent and

$10 million threshold levels would have to be subsequently confirmed through a statistical sampling process to

designate a payment program as a significant payment program susceptible to erroneous payments.

The two largest Corporation payment programs are the Domestic Volunteer Service Act; and National and

Community Service Act grant programs. Together the annual payments for these programs account for about

62 percent of all Corporation payment amounts. As grant programs, these payments are administered by the

Department of Health and Human Services’Payment Management System. There are numerous internal and

external controls making erroneous grant program payments highly unlikely. For example, awards go through

many levels of review and approval before obligations are created and transmitted to the Payment

Management System. These payments are all requested by authorized grantees, and then they are validated

and disbursed by Health and Human Services. Moreover, the receipt and use of grant funds by grantees are

monitored by the Corporation and in many cases are subject to independent audits under the Single Audit Act

and OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations.

Based on the results of the FY 2009 IPIA review, there were no significant payment programs susceptible to

erroneous payments. However, even though the Corporation concluded its programs are not susceptible to

erroneous payments as defined under the Act, most non-grant payments are reviewed as part of the OMB

Circular A-123 Internal Control Assessment and Testing Program discussed above.

CNCS FY 2009 Annual Financial Report 13

Other Information: Improper Payments PARTIV