Sec. 202. Second century endowment for the National Park Service
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Chapter 1011 of title 54, United States Code, is amended by inserting at the end the following: To further the mission of the Service, the National Park Foundation shall establish a special account to be known as the Second Century Endowment for the National Park Service . The Endowment shall consist of any gifts, devises, or bequests that are provided to the National Park Foundation for such purpose. The National Park Foundation shall deposit any funds received for the Endowment in a federally insured interest-bearing account or may invest funds in appropriate security obligations, as directed by the Board of Directors.
The Secretary shall, either directly or through a concessions contract, lease, or similar instrument, impose a fee in a System unit in addition to the daily cost of lodging in facilities in that System unit. Amounts collected under this clause shall be deposited into the Endowment. The Secretary shall ensure that a fee imposed under this subparagraph in a System unit does not raise the aggregate amount of fees imposed by local, State, and Federal governments to more than 5 percent of the base daily cost of lodging in facilities in that System unit.
No fees may be charged under this subparagraph within a unit of the National Park System for— employees of the National Park System, including seasonal employees or employees of concessioners, who live in housing provided in a national park due to their employment and house guests of such employees; persons engaged in residential educational and interpretive programs who are lodged in national park facilities while participating in these programs; and lodging on private property within a unit of the National Park System.
Any accrued interest or dividends earned on funds received for the Endowment shall be added to the principal and form a part of the Endowment. The National Park Foundation shall use funds deposited in the Endowment for projects and activities approved by the Secretary that further the mission and purposes of the Service. In administering the Endowment each fiscal year, the National Park Foundation shall be guided by the District of Columbia Uniform Prudent Management of Institutional Funds Act of 2007 (D.C.
Code § 44–1631 et seq.), including section 44–1633 on expenditures. No funds received for the Endowment shall be used by the National Park Foundation for administrative expenses of the Foundation, including for salaries, travel and transportation expenses, and other overhead expenses. Beginning 2 years after the date of the enactment of this section, the National Park Foundation shall include with its annual report a summary of the status of the Endowment. The summary shall include— a statement of the amounts deposited in the Endowment during the fiscal year; the amount of the balance remaining in the Endowment at the end of the fiscal year; and a description of the sums and purposes of the expenditures made from the Endowment for the fiscal year. .
The table of sections for chapter 1011 of title 54, United States Code, is amended by inserting at the end the following: 101121. Second Century Endowment for the National Park Service. .