(a) Establishment
There is established, as an independent establishment of the
executive branch of the United States Government, the Harry S
Truman Scholarship Foundation.
(b) Board of Trustees; membership
(1) (!1) The Foundation shall be subject to the supervision and
direction of a Board of Trustees. The Board shall be composed of
thirteen members, as follows:
(A) two Members of the Senate, one from each political party,
to be appointed by the President of the Senate;
(B) two Members of the House of Representatives, one from each
political party, to be appointed by the Speaker;
(C) eight members, not more than four of whom shall be of the
same political party, to be appointed by the President with the
advice and consent of the Senate, of whom one shall be a chief
executive officer of a State, one a chief executive officer of a
city or county, one a member of a Federal court, one a member of
a State court, one a person active in postsecondary education,
and three representatives of the general public; and
(D) the Secretary of Education or his designate, who shall
serve ex officio as a member of the Board, but shall not be
eligible to serve as Chairman.
(c) Term of office
The term of office of each member of the Board shall be six
years; except that (1) the members first taking office shall serve
as designated by the President, four for terms of two years, five
for terms of four years, and four for terms of six years, and (2)
any member appointed to fill a vacancy shall serve for the
remainder of the term for which his predecessor was appointed, and
shall be appointed in the same manner as the original appointment
for that vacancy was made.
(d) Compensation
Members of the Board shall serve without pay, but shall be
entitled to reimbursement for travel, subsistence, and other
necessary expenses incurred in the performance of their duties.