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25 U.S.C. § 450j–3 — Transferred
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Section 450e–1 was editorially reclassified as [section 5308 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5308&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 450j–3
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Stable record: federal_law:legal_authorities:record_usc_528428c75b7f13bde15e24bc
Source file: Laws/federal/codes/united-states-code/title-25/section-450j3-transferred--5d3cf80847.md
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Passage SHA-256: d9a93263a7e87a8594e0d2fc7e355705b14c0edee2422a43c71aaaa44917d7ec
Source location: Title 25, Chapter 14, § 450j–3; chapter-014-miscellaneous.md
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### Statutory Notes
#### Codification
Section 450e–1 was editorially reclassified as [section 5308 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5308&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** As soon as practicable after December 27, 2000, the Secretary of the Interior shall establish, under the laws of the District of Columbia and in accordance with this subchapter, a foundation to be known as the “National Fund for Excellence in American Indian Education” (hereinafter referred to as the “Foundation”).
**(b) Perpetual existence** Except as otherwise provided, the Foundation shall have perpetual existence.
**(c) Nature of corporation** The Foundation shall be a charitable and nonprofit federally chartered corporation and shall not be an agency or instrumentality of the United States.
**(d) Place of incorporation and domicile** The Foundation shall be incorporated and domiciled in the District of Columbia.
**(e) Purposes** The purposes of the Foundation shall be—
(1) to encourage, accept, and administer private gifts of real and personal property or any income therefrom or other interest therein for the benefit of, or in support of, the mission of the Office of Indian Education Programs of the Bureau of Indian Affairs (or its successor office);
(2) to undertake and conduct such other activities as will further the educational opportunities of American Indians who attend a Bureau funded school; and
(3) to participate with, and otherwise assist, Federal, State, and tribal governments, agencies, entities, and individuals in undertaking and conducting activities that will further the educational opportunities of American Indians attending Bureau funded schools.
**(f) Board of Directors**
(1) **In general** — The Board of Directors shall be the governing body of the Foundation. The Board may exercise, or provide for the exercise of, the powers of the Foundation.
(2) **Selection** — The number of members of the Board, the manner of thei
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 5308
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.