22 U.S.C. § 10602: United States Foundation for Natural Security and Counterterrorism

Not later than 180 days after December 23, 2024 , the Secretary shall establish the United States Foundation for Natural Security and Counterterrorism, which shall be operated as a charitable, nonprofit corporation. The Foundation is not an agency or instrumentality of the United States Government. The Board shall take all necessary and appropriate steps to ensure that the Foundation is an organization described in subsection (c) of section 501 of title 26 , which exempt the organization from taxation under subsection (a) of such section. a plan for winding down the activities of the Foundation that the Board shall submit to the appropriate congressional committees not later than 180 days before such termination date; and the bylaws established pursuant to section 10603(b)(13) of this title . to provide grants for the responsible management of designated priority primarily protected and conserved areas in eligible countries that have a high degree of biodiversity or species and ecosystems of significant ecological value; to promote responsible, long-term management of primarily protected and conserved areas and their contiguous buffer zones; to incentivize, leverage, accept, and effectively administer governmental and nongovernmental 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; increasing private sector investment, including investments from philanthropic entities; and collaborating with partners providing bilateral and multilateral financing to support enhanced coordination, including public and private funders, partner governments, local protected areas authorities, and private and nongovernmental organization partners; promote responsible, long-term management of primarily protected and conserved areas and their contiguous buffer zones in eligible countries, including support for the management of terrestrial, coastal, freshwater, and marine protected areas, parks, community conservancies, Indigenous reserves, conservation easements, and biological reserves; and provide effective area-based conservation measures, consistent with best practices and standards for environmental and social safeguards; and to achieve measurable and enduring biodiversity conservation outcomes; and to improve local security, governance, food security, and economic opportunities. a description of the priority actions to be undertaken by the Foundation over the proceeding 3-year period, including a timeline for implementation of such priority actions; eligible countries, in which eligible projects may be selected to receive assistance under this chapter, will be identified; grant proposals for Foundation activities in eligible countries will be developed, evaluated, and selected; and grant implementation will be monitored and evaluated; the projected staffing and budgetary requirements of the Foundation during the proceeding 3-year period; and a plan to maximize commitments from private sector entities to fund the Foundation. The Executive Director shall submit the initial Plan of Action to the appropriate congressional committees not later than 5 days after the Plan of Action is approved by the Board. The Executive Director shall annually update the Plan of Action and submit each such updated plan to the appropriate congressional committees not later that 5 days after the update plan is approved by the Board.