; (B) recruit mentors for children and youth in foster care; (C) compensate mentors including peer mentors; (D) pay for costs related to mentee participation in the program; and (E) provide activities that will help the development of a child in foster care who is participating in the program. (5) Grant amount In awarding grants under this subsection, the Secretary shall scale grants to account for the annual budget and capacity of the eligible entity. (6) Annual report Not later than 1 year after the date of enactment of this section, and annually thereafter, the Secretary shall prepare and submit to Congress a report that includes the following with respect to the year involved: (A) A description of the number of programs receiving grant awards under this subsection. (B) A description of mentors who participate in programs described in subparagraph (A), including the overall number, average length of participation, and demographics. (C) A description of— (i) the number of children in foster care who participated in mentoring programs funded by the grant funds under this subsection; (ii) data on the academic achievement of the children in mentoring programs funded by the grant funds under this subsection; and (iii) the number of children in foster care on waiting lists for such mentoring programs, including successful transition into post-secondary education where applicable. (D) Any other information that the Secretary determines to be relevant to the evaluation of the program under this section. (7) Authorization of appropriations There are authorized to be appropriated to carry out this section— (A) $50,000,000 for each of fiscal years 2024 and 2025; and (B) such sums as may be necessary for each succeeding fiscal year. .