22 U.S.C. § 10601 — Definitions

Page 2346 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 10601 CHAPTER 113—UNITED STATES FOUNDA- TION FOR INTERNATIONAL CONSERVA- TION Sec. 10601. Definitions. 10602. United States Foundation for International Conservation. 10603. Governance of the Foundation. 10604. Corporate powers and obligations of the Foundation. 10605. Safeguards and accountability. 10606. Projects and grants. 10607. Prohibition of support for certain govern- ments. 10608. Annual report. 10609. Authorization of appropriations. § 10601. Definitions In this chapter: (1) The term ‘‘appropriate congressional committees’’ means— (A) the Committee on Foreign Relations of the Senate; (B) the Committee on Appropriations of the Senate; (C) the Committee on Foreign Affairs of the House of Representatives; and (D) the Committee on Appropriations of the House of Representatives. (2) The term ‘‘Board’’ means the Board of Di- rectors established pursuant to section 10603(b) of this title. (3) The term ‘‘eligible country’’ means any country described in section 10606(b) of this title. (4) The term ‘‘eligible project’’ means any project described in section 10606(a)(3) of this title. (5) The term ‘‘Executive Director’’ means the Executive Director of the Foundation hired pursuant to section 10603 of this title. (6) The term ‘‘Foundation’’ means the United States Foundation for International Conservation established pursuant to section 10602(a) of this title. (7) The term ‘‘Secretary’’ means the Sec- retary of State. (Pub. L. 118–159, div. E, title LI, § 5101, Dec. 23, 2024, 138 Stat. 2410.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in introductory provisions, was in the original ‘‘this title’’ and was translated as reading ‘‘this subtitle’’, meaning subtitle A (§§ 5101–5109) of title LI of div. E of Pub. L. 118–159, Dec. 23, 2024, 138 Stat. 2410, known as the United States Foundation for International Conservation Act of 2024, which is classified generally to this chapter. Statutory Notes and Related Subsidiaries SHORT TITLE Pub. L. 118–159, div. E, title LI, subtitle A, Dec. 23, 2024, 138 Stat. 2410, which enacted this chapter, is popu- larly known as the United States Foundation for Inter- national Conservation Act of 2024. § 10602. United States Foundation for Inter- national Conservation (a) Establishment (1) In general Not later than 180 days after December 23, 2024, the Secretary shall establish the United States Foundation for International Conserva- tion, which shall be operated as a charitable, nonprofit corporation. (2) Independence The Foundation is not an agency or instru- mentality of the United States Government. (3) Tax-exempt status The Board shall take all necessary and ap- propriate steps to ensure that the Foundation is an organization described in subsection (c) of section 501 of title 26, which exempt the or- ganization from taxation under subsection (a) of such section. (4) Termination of operations The Foundation shall terminate operations on the date that is 10 years after the date on which the Foundation becomes operational, in accordance with— (A) a plan for winding down the activities of the Foundation that the Board shall sub- mit to the appropriate congressional com- mittees not later than 180 days before such termination date; and (B) the bylaws established pursuant to sec- tion 10603(b)(13) of this title. (b) Purposes The purposes of the Foundation are— (1) to provide grants for the responsible management of designated priority primarily protected and conserved areas in eligible coun- tries that have a high degree of biodiversity or species and ecosystems of significant ecologi- cal value; (2) to promote responsible, long-term man- agement of primarily protected and conserved areas and their contiguous buffer zones; (3) to incentivize, leverage, accept, and effec- tively administer governmental and non- governmental funds, including donations from the private sector, to increase the availability and predictability of financing for responsible, long-term management of primarily protected and conserved areas in eligible countries; (4) to help close critical gaps in public inter- national conservation efforts in eligible coun- tries by— (A) increasing private sector investment, including investments from philanthropic entities; and (B) collaborating with partners providing bilateral and multilateral financing to sup- port enhanced coordination, including public and private funders, partner governments, local protected areas authorities, and pri- vate and nongovernmental organization partners; (5) to identify and financially support viable projects that— (A) promote responsible, long-term man- agement of primarily protected and con- served areas and their contiguous buffer