(a)
Establishment
A National Natural Resources Conservation Foundation is established as a charitable and nonprofit corporation for charitable, scientific, and educational purposes specified in subsection (b) of this section. The Foundation is not an agency or instrumentality of the United States.
(c)
Limitations and conflicts of interest
(1)
Political activities
The Foundation shall not participate or intervene in a political campaign on behalf of any candidate for public office.
(2)
Conflicts of interest
No director, officer, or employee of the Foundation shall participate, directly or indirectly, in the consideration or determination of any question before the Foundation affecting—
(A)
the financial interests of the director, officer, or employee; or
(B)
the interests of any corporation, partnership, entity, organization, or other person in which the director, officer, or employee—
(i)
is an officer, director, or trustee; or
(ii)
has any direct or indirect financial interest.
(3)
Legislation or government action or policy
No funds of the Foundation may be used in any manner for the purpose of influencing legislation or government action or policy.
(4)
Litigation
No funds of the Foundation may be used to bring or join an action against the United States.