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LegalText 42 U.S.C. § 17355 Powers of the Foundation; related provisions us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 152 ENERGY INDEPENDENCE AND SECURITY 17355 42 U.S.C. § 17355 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s17355 data/legal/raw/us/code/title-42/usc42.xml 8c3ebe5f773e84f4f65e4b147d2172b098b893c706796d71f2786c479a0c231b 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e 50e54429c556e6feb7c1a3084d8347a006d49583764a836c402a084ae33c93c1 2026-07-04 official
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42 U.S.C. § 17355 - Powers of the Foundation; related provisions

Text

(a) Powers The Foundation—

(1) shall have perpetual succession unless dissolved by a law enacted after December 19, 2007;

(2) may adopt, alter, and use a seal, which shall be judicially noticed;

(3) may make and perform such contracts, grants, and other agreements with any person or government however designated and wherever situated, as may be necessary for carrying out the functions of the Foundation;

(4) may determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid, including expenses for representation;

(5) may lease, purchase, or otherwise acquire, improve, and use such real property wherever situated, as may be necessary for carrying out the functions of the Foundation;

(6) may accept money, funds, services, or property (real, personal, or mixed), tangible or intangible, made available by gift, bequest 11 So in original. A comma probably should appear. grant, or otherwise for the purpose of carrying out the provisions of this subchapter from domestic or foreign private individuals, charities, nongovernmental organizations, corporations, or governments;

(7) may use the United States mails in the same manner and on the same conditions as the executive departments;

(8) may contract with individuals for personal services, who shall not be considered Federal employees for any provision of law administered by the Office of Personnel Management;

(9) may hire or obtain passenger motor vehicles; and

(10) shall have such other powers as may be necessary and incident to carrying out this part.

(b) Principal office The Foundation shall maintain its principal office in the metropolitan area of Washington, District of Columbia.

(c) Applicability of Government Corporation Control Act (1) In general The Foundation shall be subject to chapter 91 of subtitle VI of title 31, except that the Foundation shall not be authorized to issue obligations or offer obligations to the public.

(2) Omitted

(d) Inspector General (1) In general The Inspector General of the Department of State shall serve as Inspector General of the Foundation, and, in acting in such capacity, may conduct reviews, investigations, and inspections of all aspects of the operations and activities of the Foundation.

(2) Authority of the Board In carrying out the responsibilities under this subsection, the Inspector General shall report to and be under the general supervision of the Board.

(3) Reimbursement and authorization of services (A) Reimbursement The Foundation shall reimburse the Department of State for all expenses incurred by the Inspector General in connection with the Inspector Generals responsibilities under this subsection.

(B) Authorization for services Of the amount authorized to be appropriated under section 17357(a) of this title for a fiscal year, up to $500,000 is authorized to be made available to the Inspector General of the Department of State to conduct reviews, investigations, and inspections of operations and activities of the Foundation.

(Pub. L. 110140, title IX, § 925, Dec. 19, 2007, 121 Stat. 1736.)

Notes

Editorial Notes

References in TextThis subchapter, referred to in subsec. (a)(6), was in the original “this title”, meaning title IX of Pub. L. 110140, Dec. 19, 2007, 121 Stat. 1725, which enacted this subchapter and amended section 5314 of Title 5, Government Organization and Employees, section 9101 of Title 31, Money and Finance, and section 3021 of Title 50, War and National Defense. For complete classification of title IX to the Code, see Tables.

Codification Section is comprised of section 925 of Pub. L. 110140. Subsec. (c)(2) of section 925 of Pub. L. 110140 amended section 9101 of Title 31, Money and Finance.

Statutory Notes and Related Subsidiaries

Effective DateSection effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110140, set out as a note under section 1824 of Title 2, The Congress.