African Development Foundation Act

Summary

African Development Foundation Act - Amends the Foreign Assistance Act of 1961 to establish as a nonprofit corporation the African Development Foundation. Authorizes the Foundation to make grants, loans, and loan guarantees to any African private or public group, association, or other entity for: (1) the support of self-initiated community development efforts; (2) development research by Africans and the transfer of development resources, expertise, and knowledge within Africa; (3) procurement from other sources of such technical or other assistance in cases and manners deemed appropriate by African recipient entities; and (4) such other projects as the Foundation considers appropriate. Vests the management of the Foundation in a Board of Directors composed of seven members appointed by the President. Directs the establishment of a Council composed of individuals selected by the Board and including representatives from African grant recipients and other foreign nationals who are knowledgeable about development activities in Africa. Authorizes the appropriation of $25,000,000 to carry out this Act for the period covered by fiscal years 1978-80.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 June 1977

   Introduced

   Referred to House Committee on International Relations.

   Source: IntroReferral

2. 30 June 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 June 1977

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 30 June 1977

  Open at official source

Sponsors

• Rep. Bonker, Don [D-WA-3] · D · Sponsor
• Rep. Collins, Cardiss [D-IL-7] · D · Cosponsor
• · hsfa00 · Standing

Related records

• related to ← African Development Foundation Act