; and (B) have pursued careers in international business and have demonstrated expertise in international and emerging market investment activities. (6) Majority member requirement The majority of the members of the Board of Directors shall be United States citizens. (7) Reports Not later than one year after the date of the establishment of an enterprise fund under this subsection, and annually thereafter until the enterprise fund terminates in accordance with paragraph (10), the Board of Directors of the enterprise fund shall— (A) submit to the appropriate congressional committees a report— (i) detailing the administrative expenses of the enterprise fund during the year preceding the submission of the report; (ii) describing the operations, activities, financial condition, and accomplishments of the enterprise fund during that year; and (iii) describing the results of the audit conducted under paragraph (8) during that year; and (B) publish, on a publicly available internet website of the enterprise fund, each report required by subparagraph (A). (8) Oversight (A) Inspector general performance audits (i) In general The Inspector General of the Corporation shall conduct periodic audits of the activities of each enterprise fund established under this subsection. (ii) Consideration In conducting an audit under clause (i), the Inspector General shall assess whether the activities of the enterprise fund— (I) support the purposes described in paragraph (3); (II) result in profitable private sector investing; and (III) generate measurable social benefits. (B) Recordkeeping requirements The Corporation shall ensure that each enterprise fund receiving support under this subsection— (i) keeps separate accounts with respect to such support