# 22 U.S.C. § 276bb: Acceptance of funds and property from Mrs. Kermit Roosevelt; purpose and use; disbursement and investment of fund

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t22_s276bb

## Section

- **Citation:** 22 U.S.C. § 276bb
- **Heading:** Acceptance of funds and property from Mrs. Kermit Roosevelt; purpose and use; disbursement and investment of fund
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 9, 2026
- **Source:** Publisher's official text
- **Location:** Title 22—FOREIGN RELATIONS AND INTERCOURSE > CHAPTER 7—INTERNATIONAL BUREAUS, CONGRESSES, ETC. > SUBCHAPTER III—KERMIT ROOSEVELT FUND

## Text

The board is authorized to accept from Mrs. Kermit Roosevelt such money and property as she may tender, to receipt therefor on behalf of the United States, and to deposit the funds so received in the Treasury of the United States as the original corpus of a trust fund, to be known as the Kermit Roosevelt fund, which shall be used for the purpose of fostering a better understanding and a closer relationship between the military forces of the United States and those of the United Kingdom by sponsoring lectures or courses of instruction to be delivered by officers of the British Army at the United States Military Academy and elsewhere in the United States and by officers of the United States Army at Sandhurst Royal Military College and elsewhere in the United Kingdom or, should such exchange lectures prove or become impracticable or unnecessary for any reason, by such other application of the funds as the board, with the approval of the Secretary of the Army may determine. The original corpus of the fund and the income therefrom may be disbursed at the discretion of the board in furtherance of the stated purpose, and shall be subject to investment and reinvestment as provided in section 276cc of this title .

( July 2, 1945, ch. 228, § 2 , 59 Stat. 316 ; July 26, 1947, ch. 343 , title II, § 205(a), 61 Stat. 501 .)

## Nearby sections

- [22 U.S.C. § 276bb Acceptance of funds and property from Mrs. Kermit Roosevelt; purpose and use; disbursement and investment of fund](https://www.frixlaw.com/law-library/statutes/usc_t22_s276bb.md)
- [22 U.S.C. § 276cc Acceptance of funds and property from other sources; limitation; disbursement and investment](https://www.frixlaw.com/law-library/statutes/usc_t22_s276cc.md)
- [22 U.S.C. § 276d United States group; appointment; term; meetings](https://www.frixlaw.com/law-library/statutes/usc_t22_s276d.md)
- [22 U.S.C. § 276e Authorization of appropriations; disbursements](https://www.frixlaw.com/law-library/statutes/usc_t22_s276e.md)
- [22 U.S.C. § 276h United States group; appointment; term; meetings](https://www.frixlaw.com/law-library/statutes/usc_t22_s276h.md)
- [22 U.S.C. § 276i Authorization of appropriations; disbursements](https://www.frixlaw.com/law-library/statutes/usc_t22_s276i.md)
- [22 U.S.C. § 276m United States Delegation to Parliamentary Assembly of Conference on Security and Cooperation in Europe (CSCE)](https://www.frixlaw.com/law-library/statutes/usc_t22_s276m.md)
- [22 U.S.C. § 276n United States Senate-China Interparliamentary Group](https://www.frixlaw.com/law-library/statutes/usc_t22_s276n.md)
- [22 U.S.C. § 276o United States Senate-Russia Interparliamentary Group](https://www.frixlaw.com/law-library/statutes/usc_t22_s276o.md)
- [22 U.S.C. § 277a Investigations of commission; construction of works or projects](https://www.frixlaw.com/law-library/statutes/usc_t22_s277a.md)
- [22 U.S.C. § 277b Works or projects under treaty](https://www.frixlaw.com/law-library/statutes/usc_t22_s277b.md)
- [22 U.S.C. § 277c Agreements with political subdivisions; acquisition of lands](https://www.frixlaw.com/law-library/statutes/usc_t22_s277c.md)
- [22 U.S.C. § 277d Funds received from Mexico; expenditure](https://www.frixlaw.com/law-library/statutes/usc_t22_s277d.md)
- [22 U.S.C. § 277d–2 Construction and maintenance of roads, highways, etc.; housing and other facilities for personnel](https://www.frixlaw.com/law-library/statutes/usc_t22_s277d%E2%80%932.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t22_s276bb. Check the current official text before relying on it. Not legal advice.