§290h–5 Management of Foundation

Summary

A seven-member board will run the Foundation. The President picks the members with the Senate’s approval and names one as Chair and one as Vice Chair. Five members must come from private life and two must be officers or employees of U.S. agencies that deal with African affairs. Members must understand community-level development. No more than four members may belong to the same political party. Members serve six-year terms, but the first appointments include two members for two years and two for four years as the President decides. If someone leaves early, their replacement serves only the rest of that term. After a term ends, a member stays on until a successor is appointed and qualified. A majority of the board is needed to do business. Board members get no salary, but they can be paid up to $100 per day and get travel costs covered while doing Foundation work. The Board hires a president for the Foundation and sets that person’s terms. The president’s pay cannot exceed Level IV of the Executive Schedule (see section 5315 of title 5). The Board may hire experts and consultants as allowed by law (see section 3109 of title 5). The Board must create an advisory council made up of people who know about development in Africa; it may include African grant or loan recipients. The Board must consult this council at least once a year. Advisory council members are not paid but may get travel and other expenses under section 5703 of title 5.