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(2) ADDITIONAL REQUIREMENTS.—Each grant 
required under paragraph (1)— 
(A) shall be made with funds specifically 
appropriated for grants to the Foundation; and 
(B) shall be made pursuant to a grant 
agreement between the Secretary and the Foun-
dation which— 
(i) requires that grant funds will only 
be used for activities the Board of Direc-
tors of the Foundation determines are con-
sistent with the purposes described in sec-
tion 2(b), and that the Foundation will 
otherwise comply with the requirements of 
this Act; and 
(ii) may not require the Foundation to 
comply with requirements other than those 
specified in this Act. 
(b) USE OF FUNDS.—The Foundation may use funds 
received under a grant described in subsection (a) to carry 
out the purposes described in section 2(b). 
(c) RULE OF CONSTRUCTION.—Nothing in this Act 
shall be construed to make the Foundation an agency or 
establishment of the United States Government or to 
make the members of the Board of Directors of the Foun-
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dation, or the officers or employees of the Foundation, of-
ficers or employees of the United States. 
(d) OVERSIGHT.—The Foundation and its grantees 
shall be subject to the appropriate oversight procedures 
of Congress. 
(e) OTHER FUNDING.—The Foundation shall have 
authority to accept funding from non-United States Gov-
ernment sources to complement United States Govern-
ment funding. 
(f) SENSE OF CONGRESS.—It is the sense of Con-
gress that— 
(1) a robust Foundation, funded at the levels 
authorized under section 6 of this Act, and at appro-
priate levels in subsequent fiscal years, can con-
tribute significantly to the political, economic, and 
social development of democracy and human rights 
in the countries of Eurasia; 
(2) notwithstanding the Foundation’s distin-
guished record of performance, organizations that 
seek competitive grants typically perform in a more 
transparent and effective manner; and 
(3) to the maximum extent possible, the Foun-
dation should seek competitive grants to supplement 
appropriations from the United States Government, 
and at least 20 percent of the funding received in 
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each fiscal year by the Foundation should be from 
non-United States Government sources to ensure 
continued strong performance of the Foundation. 
SEC. 4. ELIGIBILITY OF THE FOUNDATION FOR GRANTS. 
(a) COMPLIANCE
WITH
STATUTORY
REQUIRE-
MENTS.—Grants may be made to the Foundation under 
this Act only if the Foundation agrees to comply with the 
requirements specified in this section and elsewhere in this 
Act. 
(b) FUNDING FOR COVERED PROGRAMS ONLY.—The 
Foundation may provide funding only for programs that 
are consistent with the purposes set forth in section 2(b). 
(c) COMPENSATION FOR OFFICERS AND EMPLOYEES 
OF THE FOUNDATION.—If an individual who is an officer 
or employee of the United States Government serves as 
a member of the Board of Directors or as an officer or 
employee of the Foundation, that individual may not re-
ceive any compensation or travel expenses in connection 
with service performed for the Foundation. 
(d) PROHIBITION RESPECTING FINANCIAL MAT-
TERS.—The Foundation shall not issue any shares of 
stock or declare or pay any dividends. No part of the as-
sets of the Foundation shall inure to the benefit of any 
member of the Board of Directors of the Foundation, any 
officer or employee of the Foundation, or any other indi-
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