1156.20—Alternate funds disbursal procedure.
(a)
When the endowment withholds funds from a recipient under the regulations in this part, the Chairperson may disburse the withheld funds directly to an alternate recipient otherwise eligible for Endowment support: any public or nonprofit private organization or agency, or State or political subdivision of the State.
(2)
The ability to achieve the goals of the Federal statute authorizing the Federal financial assistance.
[63 FR 6876, Feb. 11, 1998, as amended at 68 FR 51385, Aug. 26, 2003]