42 U.S.C. § 17354 — Annual report

(a) Required report. By March 31, 2008, and every March 31 after that, the Foundation^* must report to the appropriate congressional committees^* on the prior fiscal year’s implementation of this part. (b) Contents. The report must state^* (1) all resources available during the year, including appropriations, gifts and donations under section 17355(a)(6), and other resources; (2) Board^* priorities and how competitive grant proposals were requested and awarded; (3) each grant to a nonprofit institution or other organization, the recipient, amount, and program results; and (4) total administrative and operating costs, including (A) employee numbers and compensation costs for Board members, employees, and personal-service contractors, (B) costs of obtaining real property, (C) total Board and employee travel costs for Foundation activities, and (D) total representational expenses.