POWERS OF THE FOUNDATION; RELATED PROVISIONS.

SEC. 925. [42 U.S.C. 17355] POWERS OF THE FOUNDATION; RELATED PROVISIONS. (a) Powers.—The Foundation— (1) shall have perpetual succession unless dissolved by a law enacted after the date of the enactment of this Act; (2) may adopt, alter, and use a seal, which shall be judicially noticed; (3) may make and perform such contracts, grants, and other agreements with any person or government however designated and wherever situated, as may be necessary for carrying out the functions of the Foundation; (4) may determine and prescribe the manner in which its obligations shall be incurred and its expenses allowed and paid, including expenses for representation; (5) may lease, purchase, or otherwise acquire, improve, and use such real property wherever situated, as may be necessary for carrying out the functions of the Foundation; (6) may accept money, funds, services, or property (real, personal, or mixed), tangible or intangible, made available by gift, bequest grant, or otherwise for the purpose of carrying out the provisions of this title from domestic or foreign private individuals, charities, nongovernmental organizations, corporations, or governments; (7) may use the United States mails in the same manner and on the same conditions as the executive departments; (8) may contract with individuals for personal services, who shall not be considered Federal employees for any provision of law administered by the Office of Personnel Management; (9) may hire or obtain passenger motor vehicles; and (10) shall have such other powers as may be necessary and incident to carrying out this subtitle. (b) Principal Office.—The Foundation shall maintain its principal office in the metropolitan area of Washington, District of Columbia. (c) Applicability of Government Corporation Control Act.— (1) In general.—The Foundation shall be subject to chapter 91 of subtitle VI of title 31, United States Code, except that the Foundation shall not be authorized to issue obligations or offer obligations to the public. (2) Conforming Amendment.—Section 9101(3) of title 31, United States Code, is amended by adding at the end the following: “(R) the International Clean Energy Foundation.” . (d) Inspector General.— (1) In general.—The Inspector General of the Department of State shall serve as Inspector General of the Foundation, and, in acting in such capacity, may conduct reviews, investigations, and inspections of all aspects of the operations and activities of the Foundation. (2) Authority of the board.—In carrying out the responsibilities under this subsection, the Inspector General shall report to and be under the general supervision of the Board. (3) Reimbursement and authorization of services.— (A) Reimbursement.—The Foundation shall reimburse the Department of State for all expenses incurred by the Inspector General in connection with the Inspector General’s responsibilities under this subsection. (B) Authorization for services.—Of the amount authorized to be appropriated under section 927(a) for a fiscal year, up to $500,000 is authorized to be made available to the Inspector General of the Department of State to conduct reviews, investigations, and inspections of operations and activities of the Foundation.