§101114 Disposition of Property or Income

Summary

The National Park Foundation’s Board may sell, rent, invest, hold, or otherwise use any property or money the Foundation gets, unless the gift or transfer document limits those actions. The Foundation may not do businesses or make investments that a trust company in Washington, D.C., is forbidden to do, unless the transfer document allows it or the Foundation simply keeps property it accepted. The Foundation may use services and facilities of the Departments of the Interior and Justice when practical, with or without payment. If the Foundation repays a Department, that Department must put the money back into the original account and may spend it for the account’s allowed purposes without more approval.