; and (2) are authorized to remain available until expended. 5. Conditions and Understandings Relating to International Fund for Israeli-Palestinian Peace (a) Support and promotion of purposes United States contributions to the International Fund provided for in section 4 may be used only to support and promote the purposes described in section 2(b). (b) Additional restrictions The restrictions described in section 531(e) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2346(e) ) shall apply to United States contributions to the International Fund provided for in section 4 to the same extent and in the same manner as such restrictions apply to amounts made available to carry out chapter 4 of part II of the Foreign Assistance Act of 1961. The United States contributions shall be managed and dispersed through existing USAID mechanisms. (c) United States representation on Board of International Fund The United States shall provide two representatives from different political parties to the Board of the International Fund. The function of the board is to provide recommendations for programmatic support and direction on promoting contact, cooperation, dialogue, shared community building, peaceful coexistence, joint economic development, and reconciliation between Israelis and Palestinians. The board should oversee and contain an expertise in program integrity, monitoring and evaluation and assessment. 6. Annual report (a) In general At the end of each fiscal year in which the United States Government makes any contribution to the International Fund in accordance with this Act, the President shall transmit to Congress a written report on the extent to which the International Fund and United States contributions to the International Fund have contributed to promoting and supporting contact, cooperation, dialogue, shared community building, peaceful coexistence, joint economic development, and reconciliation between Israelis and Palestinians. (b) Matters To be included The reports required under subsection (a) shall