Haitian American Enterprise Fund for Haiti

(a) Designation The President may designate a private, nonprofit organization (as described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such code) as the Haitian American Enterprise Fund for Haiti (in this Act referred to as the Enterprise Fund), if the President— (1) determines that such organization has the ability to carry out the activities described in section 7; and (2) has consulted with the Speaker and the minority leader of the House of Representatives and the majority leader and the minority leader of the Senate regarding such designation. (b) Operation Upon the designation of the Enterprise Fund under subsection (a), the Chief Executive Officer of the United States International Development Finance Corporation shall operate such Fund. (c) Consultation The Chief Executive Officer may consult and coordinate with the Administrator of the United States Agency for International Development regarding the Enterprise Fund. (d) Private character of Enterprise Fund Nothing in this Act may be construed to make— (1) the Enterprise Fund an agency or establishment of the United States Government; or (2) the officers and employees of the Enterprise Fund or members of the Oversight Panel officers or employees of the United States for purposes of title 5, United States Code.