US Code

Public Law 119-83 (04/13/2026)

20 U.S.C. § 4512

President and Executive Secretary of Foundation

(a)
(1)
The Board may appoint a President of the Foundation to serve full-time or part-time and for such a term as the Board shall determine.
(2)
The President shall carry out such of the functions and duties of the Foundation as the Board may determine, subject to the supervision and direction of the Board.
(3)
The President shall be compensated at a rate to be determined by the Board without regard to subchapter III of chapter 53 of title 5, not to exceed the rate for level III of the Executive Schedule under section 5314 of that title.
(4)
1
1 See References in Text note below.
Sections 5532, 8344, and 8468 of title 5 shall not apply to a person while such person is serving as President of the Foundation.
(b)
(1)
There shall be an Executive Secretary of the Foundation who shall be appointed by the Board.
(2)
The Executive Secretary shall be the chief operating officer of the Foundation and shall carry out the functions of the Foundation subject to the supervision and direction of the Board or the President, as determined by the Board.
(3)
section 5332 of title 5 The Executive Secretary shall be compensated at the rate specified for employees placed in grade GS–18 of the General Schedule set forth in .

Pub. L. 99–500, § 101(b) [title VIII, § 813]100 Stat. 1783–39 Pub. L. 99–591, § 101(b) [title VIII, § 813]100 Stat. 3341–39 Pub. L. 101–208, § 2103 Stat. 1836 Pub. L. 101–557, title V, § 501104 Stat. 2771 Pub. L. 101–589, title II, § 253104 Stat. 2895 (, , , 1783–80, and , , , 3341–80; , , ; , , ; , , .)

Editorial Notes

References in Text

Section 5532 of title 5Pub. L. 106–65, div. A, title VI, § 651(a)(1)113 Stat. 664 , referred to in subsec. (a)(4), was repealed by , , .

Codification

Pub. L. 99–591Pub. L. 99–500 is a corrected version of .

Amendments

Pub. L. 101–557Pub. L. 101–5891990—Subsec. (a)(4). and amended par. (4) identically, striking out at end “The first sentence of this paragraph shall not, in the case of any individual, apply longer than .”

Pub. L. 101–2081989— amended section generally. Prior to amendment, section read as follows:

“(a) There shall be an Executive Secretary of the Foundation who shall be appointed by the Board. The Executive Secretary shall be the chief executive officer of the Foundation and shall carry out the functions of the Foundation subject to the supervision and direction of the Board.

section 5332 of title 5“(b) The Executive Secretary of the Foundation shall be compensated at the rate specified for employees placed in grade GS–18 of the General Schedule set forth in .”

Statutory Notes and Related Subsidiaries

References in Other Laws to GS–16, 17, or 18 Pay Rates

Pub. L. 101–509section 5376 of Title 5References in laws to the rates of pay for GS–16, 17, or 18, or to maximum rates of pay under the General Schedule, to be considered references to rates payable under specified sections of Title 5, Government Organization and Employees, see section 529 [title I, § 101(c)(1)] of , set out in a note under .