,,ii #aag? ,,congress #b;d ,session ,s4 #eacd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #ag1 #bjbb,mr4 ,coons 7= himself1 ,mr4 ,graham1 ,mr4 ,boozman1 ,mr4 ,:iteh\se1 ,mr4 ,he9ri*1 ,mr4 ,burr1 & ,mr4 ,tillis7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to e/abli% ! ,unit$ ,/ates ,f\ndation = ,int]national ,cons]vation to promote long-t]m managem5t ( protect$ & cons]v$ areas1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unit$ ,/ates ,f\ndation = ,int]national ,cons]vation ,act ( #bjbb4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,appropriations ( ! ,s5ate2 7,b7 ! ,committee on ,=eign ,relations ( ! ,s5ate2 7,c7 ! ,committee on ,appropriations ( ! ,h\se ( ,repres5tatives2 & 7,d7 ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives4 7#b7 ,bo>d ,! t]m ,bo>d means ! ,bo>d ( ,directors e/abli%$ "u section #d 7a74 7#c7 ,director ,! t]m ,director means-- 7,a7 an initial memb] ( ! ,bo>d appo9t$ pursuant to section #d7;a77#b77;,c72 or 7,b7 a memb] ( ! ,bo>d select$ to fill a vacancy pursuant to section #d7;a77#c77;,b74 7#d7 ,eligible c\ntry ,! t]m eligible c\ntry means any ( ! c\ntries describ$ 9 section #g7;b74 7#e7 ,eligible project ,! t]m eligible project means any ( ! projects describ$ 9 section #g7;a77#b74 7#f7 ,executive director ,! t]m ,executive ,director means ! ,executive ,director ( ! ,f\ndation hir$ pursuant to section #d7;b74 7#g7 ,f\ndation ,! t]m ,f\ndation means ! ,unit$ ,/ates ,f\ndation = ,int]national ,cons]vation e/abli%$ "u section #c7;a74 7#h7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,/ate4 #c4 ,unit$ ,/ates ,f\ndation = ,int]national ,cons]vation 7a7 ,e/abli%m5t 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% ! ,unit$ ,/ates ,f\ndation = ,int]national ,cons]vation4 7#b7 ,indep5d5ce ,! ,f\ndation is n an ag5cy or in/rum5tality ( ! ,unit$ ,/ates ,gov]nm5t4 7#c7 ,tax-exempt /atus ,! ,bo>d %all take all necess>y & appropriate /eps to ensure t ! ,f\ndation is an organization describ$ 9 subsection 7c7 ( section #eja ( ! ,int]nal ,rev5ue ,code ( #aihf1 :i* exempts ! organization f taxation "u subsection 7a7 ( su* section4 7b7 ,purposes ,! purposes ( ! ,f\ndation are-- 7#a7 to promote effective1 long-t]m managem5t ( protect$ & cons]v$ areas & _! contigu\s buff] zones 9 eligible c\ntries2 7#b7 to advocate =1 inc5tivize1 accept1 & adm9i/] gov]nm5tal & nongov]nm5tal funds1 includ+ donations f ! private sector1 to increase ! availability & pr$ictability ( f9anc+ = long-t]m managem5t ( protect$ & cons]v$ areas2 7#c7 to close critical gaps 9 public int]national cons]vation ef=ts by-- 7,a7 increas+ private sector inve/m5t1 includ+ inve/m5ts f philan?ropic entities2 & 7,b7 collaborat+ ) p>tn]s provid+ bilat]al & multilat]al f9anc+ to support enhanc$ coord9ation2 7#d7 to id5tify & f9ancially support implem5tation-ready projects-- 7,a7 t promote long-t]m managem5t ( protect$ & cons]v$ areas & _! contigu\s buff] zones 9 eligible c\ntries1 includ+ support+ ! managem5t ( t]re/rial1 coa/al1 fre%wat]1 & m>9e protect$ areas1 p>ks1 community cons]vancies1 indig5\s res]ves1 cons]vation easem5ts1 & biological res]ves2 & 7,b7 t provide effective area-bas$ cons]vation measures1 consi/5t ) int]nationally recogniz$ be/ practices & /&>ds = environm5tal & social safegu>ds2 & 7#e7 to coord9ate )1 & o!rwise support & assi/1 =eign gov]nm5ts1 private sector entities1 local communities1 ,indig5\s ,peoples1 & o!r /akehold]s 9 und]tak+ biodiv]sity cons]vation activities-- 7,a7 to a*ieve su/a9able biodiv]sity cons]vation outcomes2 & 7,b7 to improve local security1 gov]nance1 food security1 & economic opportunities4 #d4 ,gov]nance ( ! ,f\ndation 7a7 ,bo>d ( ,directors 7#a7 ,gov]nance ,! ,f\ndation %all be gov]n$ by a ,bo>d ( ,directors4 7#b7 ,composition 7,a7 ,9 g5]al ,! ,bo>d %all be compos$ (-- 7i7 ! ex-(ficio nonvot+ ,directors describ$ 9 subp>agraph 7,b72 & 7ii7 ! vot+ ,directors appo9t$ pursuant to subp>agraph 7,c74 7,b7 ,ex-(ficio directors ,! ex-(ficio ,directors %all be ! foll[+ individuals or designees ( su* individuals3 7i7 ,! ,secret>y ( ,/ate4 7ii7 ,! ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t4 7iii7 ,! ,secret>y ( ! ,int]ior4 7iv7 ,! ,*ief ( ! ,unit$ ,/ates ,=e/ ,s]vice4 7v7 ,! ,adm9i/rator ( ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration4 7,c7 ,initial memb]s ,! ,secret>y1 9 consultation ) ! o!r ex-(ficio ,directors1 %all appo9t z ,directors ( ! ,bo>d-- 7i7 #d private-sector committ$ donors2 & 7ii7 #e indep5d5t exp]ts :o repres5t div]se po9ts ( view1 to ! maximum ext5t practicable4 7,d7 ,qualifications ,ea* indep5d5t exp]t appo9t$ pursuant to subp>agraph 7,c7-- 7i7 %all be kn[l$geable & exp]i5c$ 9 matt]s relat+ to-- 7,i7 int]national developm5t2 7,,ii7 protect$ area managem5t & ! cons]vation ( global biodiv]sity1 fi% & wildlife1 ecosy/em re/oration1 adaptation1 & resili5ce2 & 7,,iii7 grantmak+ 9 support ( int]national cons]vation4 7,e7 ,*airp]son ,! ,bo>d %all elect1 f among its ,directors1 a ,*airp]son1 :o %all s]ve = a #b-ye> t]m4 7#c7 ,t]ms2 vacancies 7,a7 ,t]ms 7i7 ,9 g5]al ,! t]m ( s]vice ( ea* appo9t$ ,director %all be n m ?an #e ye>s4 7ii7 ,initial appo9t$ directors ,( ! initial ,directors appo9t$ pursuant to p>agraph 7#b77;,c7-- 7,i7 #e ,directors1 includ+ at lea/ #b private-sector committ$ donors1 %all s]ve = #d ye>s2 & 7,,ii7 #d ,directors %all s]ve = #e ye>s1 z det]m9$ by ! ,*airp]son ( ! ,bo>d4 7,b7 ,vacancies ,any vacancy 9 ! memb]%ip ( ! appo9t$ ,directors ( ! ,bo>d-- 7i7 %all be fill$ 9 accordance ) ! bylaws ( ! ,f\ndation by a private-sector committ$ donor or an indep5d5t exp]t :o meets ! qualifications "u subp>agraph 7,c77ii77,a71 z applicable1 z repres5t$ by ! vacat+ ,director2 7ii7 %all n affect ! p[] ( ! rema9+ appo9t$ ,directors to execute ! duties ( ! ,bo>d2 & 7iii7 %all be fill$ by an individual select$ by ! ,bo>d4 7#d7 ,quorum ,a majority ( ! curr5t memb]%ip ( ! ,bo>d %all con/itute a quorum = ! transaction ( ,f\ndation bus9ess4 7#e7 ,meet+s 7,a7 ,9 g5]al ,! ,bo>d %all meet at ! call ( ! ,*airp]son n less frequ5tly ?an annually4 7,b7 ,initial meet+ ,n lat] ?an #fj days aft] ! ,bo>d is e/abli%$ pursuant to section #c7;a71 ! ,secret>y %all conv5e a meet+ ( ! ex-(ficio ,directors & ! appo9t$ ,directors ( ! ,bo>d to incorporate ! ,f\ndation4 7,c7 ,removal ,any ,director :o misses #c consecutive regul>ly s*$ul$ meet+s may be remov$ f ! ,bo>d4 7#f7 ,reimbursem5t ( exp5ses ,directors ( ! ,bo>d %all s]ve )\t pay1 b may be reimburs$ = ! actual & necess>y travel+ & subsi/5ce exp5ses incurr$ 9 ! p]=mance ( ! duties ( ! ,f\ndation4 7#g7 ,n f$]al employees ,appo9tm5t z a ,director ( ! ,bo>d %all n con/itute employm5t by1 or ! hold+ ( an (fice (1 ! ,unit$ ,/ates = purposes ( any ,f$]al law4 7#h7 ,duties ,! ,bo>d %all-- 7,a7 e/abli% bylaws = ! ,f\ndation 9 accordance ) p>agraph 7#i72 7,b7 provide ov]all direction = ! activities ( ! ,f\ndation & e/abli% priority activities2 7,c7 c>ry out any o!r necess>y activities ( ! ,f\ndation2 7,d7 evaluate ! p]=mance ( ! ,executive ,director2 & 7,e7 n less frequ5tly ?an annually1 consult & coord9ate ) /akehold]s qualifi$ to provide advice1 assi/ance1 & in=mation reg>d+ effective protect$ & cons]v$ area managem5t4 7#i7 ,bylaws 7,a7 ,9 g5]al ,! bylaws e/abli%$ pursuant to p>agraph 7#h77;,a7 may include-- 7i7 policies = ! selection ( ,directors ( ! ,bo>d & (fic]s1 employees1 ag5ts1 & contractors ( ! ,f\ndation2 7ii7 policies1 includ+ e?ical /&>ds1 =-- 7,i7 ! acceptance1 solicitation1 & disposition ( donations & grants to ! ,f\ndation2 & 7,,ii7 ! disposition ( assets ( ! ,f\ndation2 7iii7 policies t subject all employees1 fell[s1 tra9ees1 & o!r ag5ts ( ! ,f\ndation 7includ+ ex-(ficio ,directors & appo9t$ ,directors ( ! ,bo>d7 to conflict ( int]e/ /&>ds2 & 7iv7 ! specific duties ( ! ,executive ,director4 7,b7 ,requirem5ts ,! ,bo>d %all ensure t ! bylaws ( ! ,f\ndation & ! activities c>ri$ out "u ^? bylaws d n-- 7i7 reflect unfavorably on ! ability ( ! ,f\ndation to c>ry out activities 9 a fair & objective mann]2 or 7ii7 compromise1 or appe> to compromise1 ! integrity ( any gov]nm5tal ag5cy or program1 or any (fic] or employee employ$ by1 or involv$ 91 a gov]nm5tal ag5cy or program4 7b7 ,executive ,director ,! ,bo>d %all hire an ,executive ,director ( ! ,f\ndation1 :o %all s]ve1 at ! pleasure ( ! ,bo>d1 z ! *ief executive (fic] ( ! ,f\ndation4 7c7 ,f\ndation /aff ,(fic]s & employees ( ! ,f\ndation-- 7#a7 may n be employees (1 or hold any (fice 91 ! ,unit$ ,/ates ,gov]nm5t2 & 7#b7 %all be appo9t$ )\t reg>d to ! provisions (-- 7,a7 title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice2 & 7,b7 *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( su* title1 relat+ to classification & ,g5]al ,s*$ule pay rates4 7d7 ,limitation & conflicts ( int]e/s 7#a7 ,political p>ticipation ,! ,f\ndation may n p>ticipate or int]v5e 9 any political campaign on behalf ( any c&idate = public (fice 9 any c\ntry4 7#b7 ,f9ancial int]e/s ,any ,director ( ! ,bo>d or (fic] or employee ( ! ,f\ndation is prohibit$ f p>ticipat+1 directly or indirectly1 9 ! consid]ation or det]m9ation ( any "q be=e ! ,f\ndation affect+-- 7,a7 ! f9ancial int]e/s ( su* ,director1 (fic]1 or employee2 & 7,b7 ! int]e/s ( any corporation1 p>tn]%ip1 entity1 or organization 9 :i* su* ,director1 (fic]1 or employee has any fiduci>y obligation or direct or indirect f9ancial int]e/4 #e4 ,corporate p[]s & obligations ( ! ,f\ndation 7a7 ,g5]al au?ority 7#a7 ,9 g5]al ,! ,f\ndation-- 7,a7 %all h p]petual succession unless dissolv$ by an ,act ( ,congress2 7,b7 may conduct bus9ess ?r\gh\t ! ,/ates1 t]ritories1 & possessions ( ! ,unit$ ,/ates & 9 =eign c\ntries2 7,c7 %all h its pr9cipal (fices 9 ! ,wa%+ton1 ,,dc1 metropolitan area2 & 7,d7 %all cont9u\sly ma9ta9 a designat$ ag5t 9 ,wa%+ton1 ,,dc1 :o is au?oriz$ to accept notice or s]vice ( process on behalf ( ! ,f\ndation4 7#b7 ,notice & s]vice ( process ,! s]v+ ( notice to1 or s]vice ( process ^u1 ! ag5t ref]r$ to 9 p>agraph 7#a77;,d71 or mail$ to ! bus9ess address ( su* ag5t1 %all be deem$ z s]vice ^u1 or notice to1 ! ,f\ndation4 7#c7 ,seal ,! ,f\ndation %all h an (ficial seal1 :i* %all be select$ by ! ,bo>d & judicially notic$4 7b7 ,au?orities ,9 addition to p[]s explicitly au?oriz$ "u ?is ,act1 ! ,f\ndation1 9 ord] to c>ry out ! purposes describ$ 9 section #c7;b71 %all h ! usual p[]s ( a corporation headqu>t]$ 9 ,wa%+ton1 ,,dc1 includ+ ! au?ority-- 7#a7 to accept1 receive1 solicit1 hold1 adm9i/]1 & use any gift1 devise1 or beque/1 ei!r absolutely or 9 tru/1 or real or p]sonal prop]ty or any income d]iv$ f su* gift or prop]ty1 or o!r int]e/ 9 su* gift or prop]ty2 7#b7 to acquire by donation1 gift1 devise1 pur*ase1 or ex*ange any real or p]sonal prop]ty or int]e/ 9 su* prop]ty2 7#c7 unless o!rwise requir$ by ! in/rum5t ( transf]1 to sell1 donate1 lease1 inve/1 re9ve/1 reta91 or o!rwise dispose ( any prop]ty or income d]iv$ f su* prop]ty2 7#d7 to borr[ money & issue bonds1 deb5tures1 or o!r debt in/rum5ts2 7#e7 to compla9 & def5d itself 9 any c\rt ( compet5t jurisdiction 7except t ! ,directors ( ! ,bo>d %all n be p]sonally liable1 except = gross neglig5ce72 7#f7 to ent] into contracts or o!r arrangem5ts ) public ag5cies1 private organizations1 & p]sons & to make su* paym5ts z may be necess>y to c>ry out ! purposes ( su* contracts or arrangem5ts2 & 7#g7 to aw>d grants = eligible projects1 9 accordance ) section #g4 7c7 ,prop]ty int]e/s 7#a7 ,int]e/ 9 real prop]ty ,9 ?is subsection1 an int]e/ 9 real prop]ty includes-- 7,a7 m9]al & wat] rights2 7,b7 rights ( way2 & 7,c7 easem5ts appurt5ant or 9 gross4 7#b7 ,9 g5]al ,! ,f\ndation may acquire1 hold1 & dispose ( l&s1 wat]s1 & o!r int]e/s 9 real prop]ty by donation1 gift1 devise1 pur*ase1 or ex*ange4 7#c7 ,limits to prop]ty rights ,a gift1 devise1 or beque/ may be accept$ by ! ,f\ndation ev5 ?\gh x is encumb]$1 re/rict$1 or subject to b5eficial int]e/s ( private p]sons if any curr5t or future int]e/ !re9 is = ! b5efit ( ! ,f\ndation4 7#d7 ,tax exemption 7,a7 ,9 g5]al ,! ,f\ndation1 any income or prop]ty receiv$ or own$ by ! ,f\ndation1 & all transactions relat+ to su* income or prop]ty %all be exempt f all ,f$]al1 ,/ate1 & local taxation4 7,b7 ,exempt organizations ,contributions1 gifts1 & o!r transf]s made to or = ! use ( ! ,f\ndation %all be treat$ z contributions1 gifts1 or transf]s to an organization exempt f taxation "u section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7d7 ,f$]al funds 7#a7 ,9 g5]al ,! ,f\ndation may-- 7,a7 hold ,f$]al funds made available1 b n imm$iately disburs$2 & 7,b7 use any int]e/ or o!r inve/m5t income e>n$ on su* ,f$]al funds to c>ry out ! purposes ( ! ,f\ndation "u ?is ,act4 7#b7 ,limitation ,inve/m5ts made pursuant to p>agraph 7#a77;,b7 may only be made 9-- 7,a7 int]e/-be>+ obligations ( ! ,unit$ ,/ates2 or 7,b7 obligations gu>ante$ z to bo? pr9cipal & int]e/ by ! ,unit$ ,/ates4 7e7 ,limitation ( public liability ,! ,unit$ ,/ates %all n be liable = any debts1 defaults1 acts1 or omissions ( ! ,f\ndation4 #f4 ,safegu>ds & acc\ntability 7a7 ,safegu>ds ,! ,f\ndation %all develop1 & incorporate into any agreem5t = support provid$ by ! ,f\ndation1 appropriate safegu>ds1 policies1 & guidel9es1 consi/5t ) int]nationally recogniz$ be/ practices & /&>ds = environm5tal & social safegu>ds4 7b7 ,indep5d5t acc\ntability me*anism 7#a7 ,9 g5]al ,! ,f\ndation %all e/abli% a transp>5t & indep5d5t acc\ntability me*anism1 :i* %all provide-- 7,a7 a compliance review function t assesses :e!r ,f\ndation-support$ projects adh]e to ! requirem5ts describ$ 9 subsection 7a72 7,b7 a dispute resolution function = resolv+ conc]ns betwe5 compla9ants & project implem5t]s reg>d+ ! impacts ( specific ,f\ndation-support$ projects ) respect to su* /&>ds2 & 7,c7 an advisory function t reports to ! ,f\ndation on projects1 policies1 & practices4 7#b7 ,duties ,! acc\ntability me*anism %all-- 7,a7 report annually to ! ,bo>d & to ! appropriate congressional committees reg>d+ ! ,f\ndation's compliance ) int]nationally recogniz$ be/ practices & /&>ds 9 accordance ) p>agraph 7#a77;,a72 7,b7 7i7 h p]man5t /aff to conduct compliance reviews & dispute resolutions2 or 7ii7 ma9ta9 a ro/] ( exp]ts to s]ve su* roles1 to ! ext5t ne$$2 & 7,c7 hold a public comm5t p]iod la/+ n few] ?an #fj days reg>d+ ! initial design ( ! acc\ntability me*anism4 #g4 ,projects & grants 7a7 ,project fund+ requirem5ts 7#a7 ,9 g5]al ,! ,f\ndation %all-- 7,a7 fund eligible projects t support its mission to provide long-t]m fund+ = ! effective managem5t ( protect$ & cons]v$ areas & _! contigu\s buff] zones 9 eligible c\ntries2 & 7,b7 recognize ! importance ( a l&scape or seascape approa* to cons]vation t includes buff] zones1 wildlife disp]sal & corridor areas1 & o!r effective area-bas$ cons]vation measures4 7#b7 ,eligible projects ,eligible projects %all include projects t-- 7,a7 focus on support+-- 7i7 long-t]m managem5t ( protect$ or cons]v$ areas & _! contigu\s buff] zones 9 c\ntries describ$ 9 subsection 7b71 includ+ t]re/rial1 coa/al1 & m>9e-protect$ or cons]v$ areas1 p>ks1 community cons]vancies1 indig5\s res]ves1 cons]vation easem5ts1 & biological res]ves2 & 7ii7 o!r effective area-bas$ cons]vation measures2 7,b7 are co/-mat*$ f s\rces o!r ?an ! ,unit$ ,/ates ,gov]nm5t2 7,c7 h ho/ c\ntry & local population support1 z evid5c$ by a long-t]m b9d+ memor&um ( und]/&+ sign$ by ! ho/ gov]nm5t t respects free1 prior1 & in=m$ cons5t ( affect$ communities2 7,d7 incorporate a set ( key p]=mance indicators2 7,e7 demon/rate robu/ local community engagem5t1 ) ! completion ( appropriate environm5tal & social due dilig5ce1 includ+-- 7i7 free1 prior1 & in=m$ cons5t ( ,indig5\s ,peoples & consultation ) relevant local communities2 7ii7 equitable gov]nance /ructures2 & 7iii7 effective grievance me*anisms2 7,f7 create economic opportunities = local communities1 ?r\gh activities su* z-- 7i7 equity & pr(it-%>+2 7ii7 employm5t activities2 & 7iii7 o!r economic gr[? activities2 7,g7 provide /able basel9e fund+ = ! effective managem5t ( ! protect$ or cons]v$ area project2 7,h7 are implem5tation-ready2 & 7,i7 :]e possible1 demon/rate a plan to /r5g!n ! capacity (1 & transf] skills to1 local in/itutions to manage ! protect$ or cons]v$ area be=e or aft] grant fund+ is exhau/$4 7b7 ,eligible c\ntries 7#a7 ,9 g5]al ,be=e aw>d+ any grants or ent]+ into any project agreem5ts = a giv5 fiscal ye>1 ! ,bo>d %all conduct a review ( c\ntries 9 :i* ! ,f\ndation %all be eligible to fund projects to det]m9e :i* c\ntries-- 7,a7 are l[-income1 l[] middle-income1 or upp]-middle-income economies 7z def9$ by ! ,int]national ,bank = ,recon/ruction & ,developm5t & ! ,int]national ,developm5t ,association2 7,b7 h-- 7i7 a high degree ( biological div]sity2 or 7ii7 species or ecosy/ems ( significant importance2 & 7,c7 h demon/rat$ a commitm5t to cons]vation ?r\gh actions1 su* z protect+ l&s & wat]s ?r\gh ! gazettem5t ( national p>ks1 community cons]vancies1 m>9e res]ves & protect$ areas1 =e/ res]ves1 & o!r legally recogniz$ =ms ( place-bas$ cons]vation4 7#b7 ,id5tification ( eligible c\ntries ,n lat] ?an #e days aft] ! date on :i* ! ,bo>d det]m9es :i* c\ntries are eligible c\ntries = a giv5 fiscal ye>1 ! ,executive ,director %all-- 7,a7 submit a report to ! appropriate congressional committees t includes-- 7i7 a li/ ( all su* eligible c\ntries2 & 7ii7 a ju/ification = su* eligibility det]m9ations2 & 7,b7 publi% ! in=mation conta9$ 9 ! report describ$ 9 p>agraph 7,a7 9 ! ,f$]al ,regi/]4 7c7 ,grantmak+ 7#a7 ,9 g5]al ,9 ord] to maximize its program effects1 ! ,f\ndation %\ld-- 7,a7 seek to coord9ate ) o!r int]national public & private donors to ! ext5t possible2 7,b7 seek additional f9ancial & nonf9ancial contributions & commitm5ts = its projects f ho/ gov]nm5ts2 & 7,c7 /rive to g5]ate a p>tn]%ip m5tality among all p>ticipants1 includ+ public & private fund]s1 ho/ gov]nm5ts1 local protect$ areas au?orities1 & private & nongov]nm5tal organization p>tn]s4 7#b7 ,grant crit]ia ,f\ndation grants-- 7,a7 %all fund ! managem5t ( well-def9$ protect$ or cons]v$ areas & ! sy/ems ( su* cons]vation areas 9 eligible c\ntries2 7,b7 %\ld provide adequate basel9e fund+ = at lea/ #aj ye>s1 )\t replac+ or duplicat+ exi/+ basel9e fund+1 = ea* protect$ & cons]v$ area & ! sy/em t supports t area 9 an am\nt suffici5t to ma9ta9 ! effective managem5t ( ! area ov] ! long t]m2 7,c7 %\ld1 dur+ ! grant p]iod1 demon/rate progress 9 a*iev+ cle>ly id5tifi$ key p]=mance indicators 7z def9$ 9 ! grant agreem5t71 :i* may include-- 7i7 ! protection ( biological div]sity2 7ii7 ! protection ( native flora & habitats1 su* z trees1 =e/s1 grassl&s1 mangroves1 coral reefs1 & sea grass2 7iii7 community-bas$ economic gr[? indicators1 su* z improv$ l& t5ure1 increases 9 b5efici>ies p>ticipat+ 9 economic gr[? activities1 & suffici5t income f cons]vation activities be+ direct$ to communities 9 project areas2 7iv7 improv$ managem5t ( ! protect$ or cons]v$ area cov]$ by ! project1 z docum5t$ ?r\gh ! submission ( /rategic plans or annual reports to ! ,f\ndation2 & 7v7 ! id5tification ( additional rev5ue s\rces or su/a9able f9anc+ me*anisms to meet ! recurr+ co/s ( managem5t ( ! protect$ or cons]v$ areas2 & 7,d7 may be t]m9at$ if ! ,bo>d det]m9es t ! project is n meet+ applicable requirem5ts "u ?is ,act or mak+ progress 9 a*iev+ ! key p]=mance indicators def9$ 9 ! grant agreem5t4 #h4 ,annual report ,n lat] ?an #cfj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] :ile ! ,f\ndation cont9ues to function1 ! ,executive ,director ( ! ,f\ndation %all submit a report to ! appropriate congressional committees t describes-- 7#a7 ! goals ( ! ,f\ndation2 7#b7 ! programs1 projects1 & activities support$ by ! ,f\ndation2 7#c7 private & gov]nm5tal contributions to ! ,f\ndation2 & 7#d7 ! /&>diz$ crit]ia utiliz$ to det]m9e ! programs & activities support$ by ! ,f\ndation1 includ+ basel9es1 t>gets1 desir$ outcomes1 measurable goals1 & ext5t to :i* ^? goals are be+ a*iev$ = ea* project4 #i4 ,au?orization ( appropriations 7a7 ,adm9i/rative exp5ses ,!re are au?oriz$ to be appropriat$1 = ea* ( ! fiscal ye>s #bjbc ?r\gh #bjcb1 su* sums z may be necess>y = ! adm9i/rative exp5ses ( ! ,f\ndation4 7b7 ,program funds 7#a7 ,au?orization ,!re are au?oriz$ to be appropriat$ #ajj1jjj1jjj = ea* ( ! fiscal ye>s #bjbc ?r\gh #bjcb to c>ry out section #g4 7#b7 ,co/ mat*+ requirem5t ,am\nts appropriat$ pursuant to p>agraph 7#a7 may only be made available to grantees to ! ext5t su* grantees secure fund+ = an eligible project f s\rces o!r ?an ! ,unit$ ,/ates ,gov]nm5t 9 an am\nt t is n less ?an ! am\nt receiv$ 9 grants = su* project pursuant to section #g4