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These programs, by and large, are not tied to formal financial products or institutions and the funds remitted are often spent immediately upon receipt.
FORBES: Citi Foundation: Investing in Products, Access and People for Financial Inclusion
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Upon receipt of the inquiry, I immediately contacted the taxpayer to ask if he was aware of the transaction, and for him to find me needed information for a response.
FORBES: Stop the Machine! IRS Document Mismatches, Form 8949
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Upon receipt of orders to proceed to the next objective, his team pushed forward 100 meters under overwhelming enemy fire to recover and prevent the enemy fighters from taking the bodies of their fallen comrades.
WHITEHOUSE: The White House
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Due to the considerable time commitment and uncertainty of outcome, we will continue our due diligence and work toward providing a definitive proposal, only upon receipt of written confirmation from the Special Committee of the Board of Directors that the Investor Group has been determined to be an Excluded Party in accordance with the Merger Agreement.
ENGADGET: Dell bidding war afoot as Blackstone Group and Carl Icahn both make offers (update: confirmed)
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Accordingly, the very definition of constructive receipt relied upon by the Director fails in this case.
FORBES: Madoff Investors Receive New Jersey Tax Refunds
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How about making the receipt of such stipends by individual student-athletes conditional upon maintaining a minimum GPA of 2.5 and being on track to graduate within 5 years?
FORBES: FINAL EVALUATION