SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Eurasia Foundation 
Act’’. 
SEC. 2. FINDINGS AND PURPOSES. 
(a) FINDINGS.—Congress finds the following: 
(1) There has been established in the District 
of Columbia a private, nonprofit corporation known 
as the Eurasia Foundation (hereafter in this Act re-
ferred to as the ‘‘Foundation’’), which is not an 
agency or establishment of the United States Gov-
ernment. 
(2) In recognition of the valuable contributions 
of the Foundation to long-range United States for-
eign policy interests, the United States Government 
has, through the United States Agency for Inter-
national Development and the Department of State, 
provided financial support for the Foundation. 
(3) It is in the interest of the United States, 
and the further strengthening of cooperation with 
the countries of Eurasia, to establish a more perma-
nent mechanism for United States Government fi-
nancial support for the ongoing activities of the 
Foundation, while preserving the independent char-
acter of the Foundation. 
(b) PURPOSES.—The purposes of the Foundation 
are—
(1) to promote civil society, private enterprise, 
and sound public administration and policy in the 
countries of Eurasia and in lending encouragement 
and assistance to citizens of such countries in their 
own efforts to develop more open, just, and demo-
cratic societies; 
(2) to strengthen indigenous institutions that 
foster national development, constructive social 
change, equitable economic growth, and cooperative 
international relationships that are fully consistent 
with and supportive of long-term United States in-
terests with respect to the countries of Eurasia; and 
(3) to conduct programs in response to initia-
tives in the countries of Eurasia that would be dif-
ficult or impossible for an official United States enti-
ty, and, as a result of its position in the countries 
of Eurasia, to respond quickly and flexibly to meet 
new opportunities. 
SEC. 3. GRANTS TO THE FOUNDATION. 
(a) GRANTS REQUIRED.— 
(1) IN GENERAL.—The Secretary of State shall 
make an annual grant to the Foundation to enable 
the Foundation to carry out its purposes as specified 
in section 2(b).
(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-
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