§290h–5 Management of Foundation

Summary

A seven-member board will run the Foundation. The President appoints the seven members with Senate approval and picks a Chair and a Vice Chair. Five members must come from private life and two from U.S. agencies that deal with African affairs. All members must know about community-level development. No more than four members can be from the same political party. Members serve six-year terms, except that among the first appointees the President will name two who serve two years and two who serve four years. If someone leaves early, their replacement serves the rest of that term. Members keep serving until a qualified successor is in place. A majority of the board is needed to hold business. Board members get no extra pay but can be reimbursed for real expenses up to $100 per day and for travel while working for the Foundation. The board hires a Foundation president and sets that person’s pay, which cannot be higher than Level IV of the Executive Schedule under section 5315 of title 5. The board can hire experts and consultants under section 3109 of title 5. The board must create an advisory council made up of people who know about African development, and it can include Africans who get grants or loans. The board must consult that council at least once a year. Advisory council members do not get pay but may receive travel and other expenses under section 5703 of title 5.