; (E) solicit, accept, hold, administer, invest, and spend any gift, devise, or bequest of real or personal property made to the Foundation; (F) sue and be sued in its corporate name and complain and defend itself in any court of competent jurisdiction; and (G) exercise such other powers, including incidental powers, as are necessary to carry out the powers, duties, and functions of the Foundation under this Act. (6) Fees The Foundation may assess fees for the provision of professional, administrative, and management services by the Foundation in amounts determined reasonable and appropriate by the Executive Director. (g) Incorporation The initial members of the Board shall serve as incorporators and shall take any actions necessary to incorporate the Foundation. (h) Nonprofit status The Foundation shall be considered to be an organization described in section 501(c) of the Internal Revenue Code of 1986, and exempt from taxation under section 501(a) of such Code. (i) General provisions (1) Foundation integrity The Board shall— (A) be accountable for the integrity of the operations of the Foundation; and (B) ensure that integrity through the development and enforcement of criteria and procedures relating to— (i) standards of conduct; (ii) financial disclosure statements; (iii) conflicts of interest; (iv) recusals and waivers; (v) audits; and (vi) other matters determined appropriate by the Board. (2) Financial conflicts of interest Any individual who is an officer, employee, or member of the Board shall not, in accordance with the policies established under subsection (e)(1)(B)(ii), personally or substantially participate in the consideration or determination by the Board of any matter that would directly and foreseeably affect any financial interest of— (A) the individual; (B) a relative (as defined in section 109 of the Ethics in Government Act of 1978 (5 U.S.C. App.)) of the individual; or (C) any business organization or other entity— (i) of which the individual is an officer or employee