Collapse to view only § 4401. Findings
- § 4401. Findings
- § 4402. Grants; authorization; purposes; terms and conditions; deposit of interest
- § 4403. Funding
§ 4401. Findings
The Congress finds that—
(1) The Asia Foundation, a private nonprofit corporation incorporated in 1954 in the State of California, has long been active in promoting Asian-American friendship and cooperation and in lending encouragement and assistance to Asians in their own efforts to develop more open, more just, and more democratic societies;
(2) The Asia Foundation’s commitment to strengthening indigenous Asian institutions which further stable national development, constructive social change, equitable economic growth, and cooperative international relationships is fully consistent with and supportive of long-term United States interests in Asia;
(3) The Asia Foundation, as a private organization, is able to conduct programs in response to Asian initiatives that would be difficult or impossible for an official United States instrumentality, and it is in a position in Asia to respond quickly and flexibly to meet new opportunities;
(4) in recognition of the valuable contributions of The Asia Foundation to long-range United States foreign policy interests, the United States Government has, through a variety of agencies, provided financial support for The Asia Foundation; and
(5) it is in the interest of the United States, and the further strengthening of Asian-American friendship and cooperation, to establish a more permanent mechanism for United States Government financial support for the ongoing activities of The Asia Foundation, while preserving the independent character of the Foundation.
(Pub. L. 98–164, title IV, § 402, Nov. 22, 1983, 97 Stat. 1038.)
§ 4402. Grants; authorization; purposes; terms and conditions; deposit of interest
(a) The Secretary of State shall make an annual grant to The Asia Foundation with the funds made available under section 4403 of this title. Such grants shall be in general support of the Foundation’s programs and operations. The terms and conditions of grants pursuant to this section shall be set forth in a grant agreement between the Secretary of State and The Asia Foundation.
(b) If funds made available to The Asia Foundation pursuant to this subchapter or pursuant to any other provision of law are, with the permission of the head of the Federal agency making the funds available, invested by the Foundation or any of its subgrantees pending disbursement, the resulting interest is not required to be deposited in the United States Treasury if that interest is used for the purposes for which the funds were made available.
(Pub. L. 98–164, title IV, § 403, Nov. 22, 1983, 97 Stat. 1038.)
§ 4403. Funding
There is authorized to be appropriated to the Secretary of State $15,000,000 for the fiscal year 2003 for grants to The Asia Foundation pursuant to this subchapter.
(Pub. L. 98–164, title IV, § 404, Nov. 22, 1983, 97 Stat. 1039; Pub. L. 99–93, title IV, § 401, Aug. 16, 1985, 99 Stat. 437; Pub. L. 100–204, title VI, § 601, Dec. 22, 1987, 101 Stat. 1383; Pub. L. 101–246, title V, § 501, Feb. 16, 1990, 104 Stat. 73; Pub. L. 105–277, div. G, subdiv. B, title XXI, § 2103, Oct. 21, 1998, 112 Stat. 2681–803; Pub. L. 106–113, div. B, § 1000(a)(7) [div. A, title I, § 105], Nov. 29, 1999, 113 Stat. 1536, 1501A–414; Pub. L. 107–228, div. A, title I, § 116, Sept. 30, 2002, 116 Stat. 1360.)