Collapse to view only § 101114. Disposition of property or income
- § 101111. Purpose and establishment of Foundation
- § 101112. Board
- § 101113. Gifts, devises, or bequests
- § 101114. Disposition of property or income
- § 101115. Corporate succession and powers and duties acting as trustee; personal liability for malfeasance
- § 101116. Corporate powers
- § 101117. Authority of Board
- § 101118. Tax exemptions; contributions toward costs of local government; contributions, gifts, or transfers to or for use of United States
- § 101119. Liability of United States
- § 101120. Promotion of local fundraising support
- § 101121. Second Century Endowment for the National Park Service
- § 101122. Authorization of appropriations; use of funds
To encourage private gifts of real and personal property, or any income from, or other interest in, the property, for the benefit of, or in connection with, the Service, its activities, or its services, and thereby to further the conservation of natural, scenic, historic, scientific, educational, inspirational, or recreational resources for future generations of Americans, there is established a charitable and nonprofit corporation to be known as the National Park Foundation to accept and administer those gifts.
The National Park Foundation shall have the power to enter into contracts, to execute instruments, and generally to do any and all lawful acts necessary or appropriate to its purposes.
The United States shall not be liable for any debts, defaults, acts, or omissions of the National Park Foundation.