,,ii #aai? ,,congress #b;d ,session ,s4 #edfi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #bc1 #bjbf ,mr4 ,tillis 7= himself & ,mr4 ,padilla7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to e/abli% ! ,he>t ,security ,f\ndation1 a f$]ally *>t]$ *>itable & nonpr(it corporation4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,he>t ,ev5t ,avoidance1 ,rese>*1 & ,treatm5t ,f\ndation ,act or ! ,,he>t ,f\ndation ,act4 #b4 ,e/abli%m5t ( & grant ( f$]al *>t] = he>t security f\ndation ,title ,,iv ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bha et seq47 is am5d$ by add+ at ! end ! foll[+3 ,k ,he>t ,security ,f\ndation #dii;,b4 ,e/abli%m5t ( & grant ( ,f$]al *>t] = ,he>t ,security ,f\ndation 7a7 ,9 g5]al ,! ,secret>y1 act+ ?r\gh ! ,director ( ,,nih1 %all e/abli% a nonpr(it corporation to be kn[n z ! ,he>t ,security ,f\ndation 7ref]r$ to 9 ?is section z ! ,f\ndation74 ,! ,f\ndation %all be organiz$ "u ! laws ( ! ,di/rict ( ,columbia & is a f$]ally *>t]$ corporation1 b is n an ag5cy or in/rum5tality ( ! ,unit$ ,/ates4 ,! ,f\ndation is fully responsible = its own obligations & liabilities4 7b7 ,purposes ,! purposes ( ! ,f\ndation are-- 7#a7 to raise & adm9i/] private capital to accel]ate c>diovascul> rese>*2 7#b7 to provide t>get$ grant support to rese>* in/itutions 9 ! ,unit$ ,/ates2 7#c7 to prioritize high-impact biom>k] rese>* l9k$ to e>ly-onset c>diovascul> ev5ts2 7#d7 to coord9ate1 if appropriate & practicable1 ) ! ,director ( ! ,c5t]s = ,disease ,control & ,prev5tion = data alignm5t & report+2 & 7#e7 to improve accessibility ( validat$ rese>* f9d+s consi/5t ) ,f$]al e?ics /&>ds4 7c7 ,bo>d ( directors 7#a7 ,9 g5]al ,! ,f\ndation %all h a ,bo>d ( ,directors 7ref]r$ to 9 ?is subsection z ! ,bo>d74 7#b7 ,memb]%ip 7,a7 ,9 g5]al ,! ,bo>d %all consi/ ( #e memb]s to be appo9t$ by ! ,director ( ,,nih1 at lea/ #c ( :om %all h demon/rat$ exp]tise 9 "o or m ( ! foll[+ areas3 7i7 ,c>diovascul> rese>*4 7ii7 ,g5etic biom>k] sci5ce4 7iii7 ,longitud9al cohort /udies4 7iv7 ,translational m$ic9e4 7v7 ,cl9ical epidemiology4 7,b7 ,nonvot+ memb] ,! ,director ( ,,nih %all s]ve z an ex (ficio1 nonvot+ memb] ( ! ,bo>d4 7,c7 ,comp5sation ,memb]s ( ! ,bo>d %all s]ve )\t comp5sation1 b may receive reimbursem5t = reasonable travel exp5ses4 7#c7 ,p]iod ( appo9tm5t2 vacancies 7,a7 ,9 g5]al ,a memb] ( ! ,bo>d %all s]ve = a #d-ye> t]m & may n s]ve m ?an #b consecutive t]ms4 7,b7 ,vacancies ,a vacancy 9 ! ,bo>d-- 7i7 %all n affect ! p[]s ( ! ,bo>d2 & 7ii7 %all be fill$ 9 ! same mann] z ! orig9al appo9tm5t4 7#d7 ,*air ,! ,director ( ,,nih %all appo9t ! initial ,*air f among ! memb]s ( ! ,bo>d4 ,! ,bo>d %all select subsequ5t ,*airs f among ! memb]s ( ! ,bo>d4 7#e7 ,conflicts ( int]e/ /&>ds ,! memb]s ( ! ,bo>d %all comply ) all applicable conflict ( int]e/ /&>ds4 7#f7 ,audits ,! ,bo>d %all ensure t annual indep5d5t f9ancial audits are c>ri$ out ) respect to ! activities ( ! ,f\ndation4 7#g7 ,duties ( bo>d ,! ,bo>d %all-- 7,a7 complete ! organization ( ! ,f\ndation2 7,b7 adopt bylaws = ! ,f\ndation t are consi/5t ) purposes describ$ 9 subsection 7b72 7,c7 appo9t an executive director & su* o!r p]sonnel z may be necess>y to enable ! ,f\ndation to p]=m its duties2 & 7,d7 e/abli% proc$ures = aw>d+ grants & contracts4 7d7 ,re/rictions ,! ,f\ndation %all n-- 7#a7 engage 9 political advocacy2 7#b7 fund community organiz+2 7#c7 conduct life/yle or public messag+ campaigns t are unrelat$ to rese>*2 or 7#d7 op]ate z a heal? c>e provid] or insurance entity4 7e7 ,fund+ ,! ,f\ndation may-- 7#a7 accept & use private donations2 & 7#b7 apply = ,f$]al rese>* grants4 7f7 ,no f$]al employm5t ,(fic]s1 employees1 & memb]s ( ! ,bo>d ( ! ,f\ndation %all n be consid]$ (fic]s or employees ( ! ,f$]al ,gov]nm5t4 7g7 ,reports ,! ,f\ndation %all submit to ,congress & ! ,secret>y an annual report t describes-- 7#a7 funds rais$ dur+ ! prec$+ ye>2 7#b7 grants aw>d$ dur+ ! prec$+ ye>2 & 7#c7 outcomes & measurable impact ( rese>* support$ by ! ,f\ndation4 7h7 ,relief ,if ! ,f\ndation acts outside its /atutory purpose1 ! ,attorney ,g5]al may seek equitable relief4 7i7 ,process = e/abli%m5t ( ,f\ndation ,! ,secret>y1 act+ ?r\gh ! ,director ( ,,nih1 %all c>ry out su* activities z are necess>y to incorporate ! ,f\ndation "u ! laws ( ! ,di/rict ( ,columbia & to o!rwise provide = ! e/abli%m5t ( ! ,f\ndation1 includ+ ! foll[+ activities3 7#a7 ,ensur+ t ! articles ( incorporation = ! ,f\ndation require t ! ,f\ndation be e/abli%$ & op]at$ 9 accordance ) ?is section4 7#b7 ,ensur+ t ! ,f\ndation is e/abli%$ z an organization t is describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 & is exempt f taxation "u section #eja7;a7 ( su* ,code4 7#c7 ,provid+ = ! initial op]ation ( ! ,f\ndation1 includ+ provid+ = qu>t]s1 equipm5t1 & /aff4 4