SEC. 2. NATIONAL FUND FOR EXCELLENCE IN AMERICAN 
INDIAN EDUCATION. 
Section 501 of the Indian Self-Determination and 
Education Assistance Act (25 U.S.C. 458bbb) is amend-
ed— 
(1) in subsection (g), by striking paragraphs 
(1) and (2) and inserting the following: 
‘‘(1) IN GENERAL.—The officers of the Founda-
tion shall be— 
‘‘(A) a chief operating officer, to be ap-
pointed in accordance with paragraph (2); and 
‘‘(B) any other officers, to be appointed or 
elected in accordance with the constitution and 
bylaws of the Foundation. 
‘‘(2) CHIEF OPERATING OFFICER.— 
‘‘(A) APPOINTMENT.—The Board shall ap-
point a chief operating officer to the Founda-
tion. 
‘‘(B) REQUIREMENTS.—The chief oper-
ating officer of the Foundation shall— 
‘‘(i) 
demonstrate 
experience 
and 
knowledge in matters relating to— 
‘‘(I) education, in general; and 
‘‘(II) education of Indians, in 
particular; and 
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‘‘(ii) serve at the direction of the 
Board.’’; 
(2) in subsection (l)(1), by striking ‘‘Beginning 
with’’ and all that follows through subparagraph (B) 
and inserting the following: ‘‘For each fiscal year 
following the first fiscal year during which the Foun-
dation is in operation, the administrative costs of the 
Foundation shall not exceed— 
‘‘(A) for the first fiscal year, an amount 
equal to 20 percent of the sum of— 
‘‘(i) the amounts transferred to the 
Foundation under subsection (m) during 
the preceding fiscal year; and 
‘‘(ii) donations received from private 
sources during the preceding fiscal year; 
‘‘(B) for the second fiscal year, an amount 
equal to 15 percent of the sum of— 
‘‘(i) the amounts transferred to the 
Foundation under subsection (m) during 
the preceding fiscal year; and 
‘‘(ii) donations received from private 
sources during the preceding fiscal year; 
and 
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‘‘(C) for the third fiscal year, and each fis-
cal year thereafter, an amount equal to 10 per-
cent of the sum of— 
‘‘(i) the amounts transferred to the 
Foundation under subsection (m) during 
the preceding fiscal year; and 
‘‘(ii) donations received from private 
sources during the preceding fiscal year.’’; 
and 
(3) by adding at the end the following: 
‘‘(o) AUTHORIZATION OF APPROPRIATIONS.— 
‘‘(1) IN GENERAL.—There is authorized to be 
appropriated to carry out this section $5,000,000 for 
each of fiscal years 2008 through 2010. 
‘‘(2) EFFECT ON OTHER FUNDS.—Funds ap-
propriated under paragraph (1) shall not reduce the 
amount of funds available for any other program re-
lating to Indian education.’’. 
SEC. 3. ADMINISTRATIVE SERVICES AND SUPPORT. 
Section 502 of the Indian Self-Determination and 
Education Assistance Act (25 U.S.C. 458bbb–1) is 
amended— 
(1) in subsection (a), by striking paragraph (2) 
and inserting the following: 
‘‘(2) may provide funds— 
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‘‘(A) to pay the operating costs of the 
Foundation; and 
‘‘(B) to reimburse travel expenses of a 
member of the Board under section 501; and’’; 
and 
(2) in subsection (b)— 
(A) in the subsection heading, by striking 
‘‘Reimbursementt’’ and inserting ‘‘Reimburse-
ment’’; and 
(B) by inserting ‘‘operating and’’ before 
‘‘travel expenses’’. 
Æ 
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