§17354 Annual Report

Summary

By March 31, 2008, and every March 31 after that, the Foundation must send a report to the appropriate congressional committees about how it carried out this part during the previous fiscal year. The report must list the Foundation's total money and resources for the year, including appropriated funds and the value and source of any gifts accepted under section 17355(a)(6). It must explain the Board's policy priorities and how competitive grants were requested and awarded. It must list outside grants with the recipient, dollar amount, and results. It must give total administrative and operating costs and break out: number of employees and pay costs for Board members, employees, and personal service contractors; costs to secure real property used by the Foundation; total travel expenses for Board members and employees; and total representational expenses.