16 USC 583j5 - Audits and report requirements

(a) Audits 
For purposes of section 10101 of title 36 the Foundation shall be treated as a corporation in part B of subtitle II of title 36.
(b) Annual reports 
The Foundation shall,[1] transmit each year to Congress a report of its proceedings and activities of the previous year, including a full and complete statement of its receipts, expenditures, and investments.
[1] So in original. The comma probably should not appear.