; and (B) with $5,000,000,000 for each of the 5 years following that date. (2) Funding (A) Initial capitalization On the date on which the Bank is established under section 5245B, out of any funds in the Treasury not otherwise appropriated, the Secretary of the Treasury shall transfer to the Bank the amount specified in paragraph (1)(A). (B) Subsequent transfers On October 1 of each fiscal year following the date on which the Bank is established under section 5245B, out of any funds in the Treasury not otherwise appropriated, the Secretary of the Treasury shall transfer to the Bank the amount specified in paragraph (1)(B). (b) Charter The Bank shall establish a charter, the term of which shall be 30 years. (c) Operational funds To sustain operations, the Bank shall manage revenue from financing fees, interest, repaid loans, and other types of funding. (d) Report The Bank shall submit on a quarterly basis to the relevant committees of Congress a report that describes the financial activities, emissions reductions, and private capital mobilization metrics of the Bank for the previous quarter. (e) Restriction The Bank shall not accept deposits. (f) Committees The Board shall establish committees and subcommittees, including— (1) an investment committee; and (2) in accordance with section 5245K— (A) a risk management committee; and (B) an audit committee. (g) Private contributions The Bank may accept and use philanthropic funds. 5245K. Establishment of risk management committee and audit committee (a) In general To assist the Board in fulfilling the duties and responsibilities of the Board under this Chapter, the Board shall establish a risk management committee and an audit committee. (b) Duties and responsibilities of risk management committee Subject to the direction of the Board, the risk management committee established under subsection (a) shall establish policies for and have oversight responsibility of— (1) formulating the risk management policies of the operations of the Bank