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Grant Community.com Catalog of Federal Domestic Assistance Program Descriptions |
CATALOG OF FEDERAL DOMESTIC
ASSISTANCE
45.201: Arts and Artifacts Indemnity
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| PROGRAM AND AWARD | FINANCIAL AND INFORMATION CONTACTS |
| ELIGIBILITY REQUIREMENTS | FINANCIAL AND ADMINISTRATIVE INFO. |
| APPLICATION AND AWARD PROCESS | INFORMATION CONTACTS |
| RELATED PROGRAMS | ASSISTANCE CONSIDERATIONS |
| PROGRAM ACCOMPLISHMENTS | POST ASSISTANCE REQUIREMENTS |
Applicant Eligibility: Federal, State, and local government entities, nonprofit agencies, institutions, and individuals may apply.
Beneficiary Eligibility: Federal, State, and local government entities, nonprofit agencies, institutions, and individuals will benefit. Audiences of indemnified exhibitions will also benefit.
Credentials/Documentation: This program is excluded from coverage under OMB Circular No. A-87.
Preapplication Coordination: Assistance is available from the Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506. This program is excluded from coverage under OMB Circular No. A-102; it is also excluded from coverage under E.O. 12372.
Application Procedure: Applicants should request guidelines and application forms from: The Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506. This program is excluded from coverage under OMB Circular No. A-110.
Award Procedure: The Federal Council on the Arts and the Humanities makes final decisions on all awards based on recommendations from consulting panels of professionals in the field.
Deadlines: April 1 and October 1 of each year.
Range of Approval/Disapproval Time: Dependent on meetings of the Federal Council on the Arts and the Humanities; about 3 months.
Appeals: None.
Renewals: Requests for extensions and renewals must compete against new applications.
Criteria for Selecting Proposals: Not available.
Examples of Funded Projects: Not available.
Range and Average of Financial Assistance: Coverage: $1,000,000 to $5,000,000,000 in fiscal years 1999, 2000, and 2001.
None.
Twenty-six certificates of indemnity were issued in fiscal year 1999 for 26 exhibitions insuring $3,137,887,713 out of a $5 billion ceiling. It is anticipated that 35 certificates of indemnity will be issued in fiscal year 2000 for 35 exhibitions insuring $4 billion out of a $5 billion ceiling. It is anticipated that 40 certificates of indemnity will be issued in fiscal year 2001 for 40 exhibitions insuring $4.5 billion out of a $5 billion ceiling.
Federal Agency: FEDERAL COUNCIL ON THE ARTS AND THE HUMANITIES, NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES
Type of Assistance: Insurance.
Obligations: (Claim payments) FY 99 $0; FY 00 est $0; and FY 01 est $0.
Budget Account Number: 59-0100-0-1-503.
Authorization: National Foundation on the Arts and the Humanities Act of 1965, as amended, Public Laws 89-209, and 94-158, 20 U.S.C. 971 et seq.
Regulations, Guidelines, and Literature: Regulations and guidelines available from: Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506.
Regional or Local Office: Not applicable.
Headquarters Office: Indemnity Administrator, National Endowment for the Arts, Washington, DC 20506. Contact: Alice M. Whelihan. Phone: (202) 682-5574 (use same 7-digit number for FTS).
(See Appendix IV for more contact info.)
Formula and Matching Requirements: Coverage does not include the first $15,000, $25,000, $50,000, $100,000, $200,000, $300,000, or $400,000 based on the deductible formula for the value of an exhibition. The applicant must assume the deductible for the exhibition.
Length and Time Phasing of Assistance: The time of assistance varies.
Uses and Use Restrictions: Certificates of Indemnity will be issued for the following items insuring them against loss or damage: 1) Works of art, including tapestries, paintings, sculpture, folk art, graphics, and craft arts; 2) manuscripts, rare documents, books, and other printed or published materials; 3) other artifacts or objects; and 4) photographs, motion pictures, or audio and video tape; which are of educational, cultural, historical or scientific value; and, the exhibition of which is certified by the United States Department of State to be in the national interest. Restrictions: No indemnity agreement for a single exhibition shall exceed $500 million. Deductible amounts are on a sliding scale based on value of certificate, as follows: $15,000 deductible for exhibitions of up to $2 million in value; $25,000 for valuation of $2 million to $10 million; $50,000 for valuation of $10 million to $125 million; $100,000 for valuation of $125 million to $200 million; $200,000 for valuation of $200 million to $300 million; and $400,000 for valuation above $400 million. The total amount of indemnities that can be outstanding at any one time is $5 billion.
Reports: Reports of loss or damage at termination of exhibit.
Audits: Final audits may be made at the discretion of the Federal Council on the Arts and the Humanities for up to three years after the termination of the indemnity time period.
Records: Applicants are responsible for complete packing, shipping, security and condition reports on all indemnified items.
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Last Updated, November, 2000
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