; and (ii) information concerning any ownership or controlling interest in any entity related to the activities of the Foundation be disclosed by officers, employees, agents, and contractors of the Foundation (including members of the Board) and the relatives (as defined in section 109 of the Ethics in Government Act of 1978 (5 U.S.C. App.)) of the officers, employees, agents, contractors, and members. (C) Policies for the disposition of the assets of the Foundation. (D) Policies for the conduct of the general operations of the Foundation. (E) Policies for writing, editing, printing, publishing, and vending of books and other materials. (2) Requirements In establishing the bylaws of the Foundation, the Board shall ensure that the bylaws of the Foundation and the activities carried out under the bylaws of the Foundation shall not— (A) reflect unfavorably on the ability of the Foundation or the Secretary to carry out responsibilities or official duties in a fair and objective manner; or (B) compromise, or appear to compromise, the integrity of any agency or program of the Federal Government, or any officer or employee involved in the program. (f) Powers and duties (1) Operation under direction of Board The Foundation shall operate under the direction of the Board. (2) Executive director (A) In general An Executive Director of the Foundation shall be— (i) appointed by, and serve at the pleasure of, the Board; and (ii) responsible for— (I) the day-to-day operations of the Foundation; and (II) such specific duties and responsibilities as the Board may prescribe. (B) Compensation The rate of compensation of the Executive Director shall be fixed by the Board. (3) Corporate seal The Foundation may adopt, alter, and use a corporate seal, which shall be judicially noticed. (4) Officers, employees, and agents The Foundation may— (A) hire, promote, compensate, and discharge officers, employees, agents, and contractors; (B) define the duties of the officers, employees, agents, and contractors