of the Foundation exceed $500,000 in any year, the Foundation shall obtain an audit of the Foundation for that year. (B) Revenues between $100,000 and $500,000 If revenues of the Foundation are between $100,000 and $500,000 each year for three consecutive years, the Foundation shall obtain an audit of the Foundation for those years. (C) Independent auditor Any audit under this paragraph shall be performed by an independent auditor. (7) Annual report by Secretary (A) In general Each year, the Secretary shall submit to the Committee on Veterans’ Affairs of the Senate and the Committee on Veterans’ Affairs of the House of Representatives a report on the Foundation. (B) Elements Each report required by subparagraph (A) shall set forth the following information: (i) The location of educational outreach activities funded by the Foundation. (ii) The amount received by the Foundation during the previous year, including— (I) the total amount received