PUBLIC LAW 98-164—NOV. 22, 1983 97 STAT. 1039 ant to this section shall be set forth in a grant agreement between the Secretary of State and The Asia Foundation. (b) If funds made available to The Asia Foundation pursuant to this title or pursuant to any other provision of law are, with the permission of the head of the Federal agency making the funds available, invested by the Foundation or any of its subgrantees pending disbursement, the resulting interest is not required to be deposited in the United States Treasury if that interest is used for the purposes for which the funds were made available. Interest. FUNDING SEC. 404. There are authorized to be appropriated to the Secretary of State $5,000,000 for the fiscal year 1983, $10,000,000 for the fiscal year 1984, and $10,000,000 for the fiscal year 1985 for grants to The Asia Foundation pursuant to this title. TITLE V-NATIONAL ENDOWMENT FOR DEMOCRACY SHORT TITLE 22 USC UOil National Endowment for Democracy Act. SEC. 501. This title may be cited as the "National Endowment for 22 USC 441 L Democracy Act". "°*^- NATIONAL ENDOWMENT FOR DEMOCRACY SEC. 502. (a) The Congress finds that there has been established in the District of Columbia a private, nonprofit corporation known as the National Endowment for Democracy (hereafter in this title referred to as the "Endowment") which is not an agency or estab- lishment of the United States Government. (b) The purposes of the Endowment, as set forth in its articles of incorporation, are— (1) to encourage free and democratic institutions throughout the world through private sector initiatives, including activities which promote the individual rights and freedoms (including internationaly recognized human rights) which are essential to the functioning of democratic institutions; (2) to facilitate exchanges between United States private sector groups (especially the two major American political par- ties, labor, and business) and democratic groups abroad; (3) to promote United States nongovernmental participation (especially through the two major American political parties, labor, business, and other private sector groups) in democratic training programs and democratic institution-building abroad; (4) to strengthen democratic electoral processes abroad through timely measures in cooperation with indigenous demo- cratic forces; (5) to support the participation of the two major American political parties, labor, business, and other United States pri- vate sector groups in fostering cooperation with those abroad dedicated to the cultural values, institutions, and organizations of democratic pluralism; and (6) to encourage the establishment and growth of democratic development in a manner consistent both with the broad con- cerns of United States national interests and with the specific 22 USC 4411.
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