36 U.S.C. § 152401 – Organization

(a) Federal Charter.— The National Recording Preservation Foundation (in this chapter, the “corporation”) is a federally chartered corporation.
(b) Nature of Corporation.— The corporation is a charitable and nonprofit corporation and is not an agency or establishment of the United States Government.
(c) Perpetual Existence.— Except as otherwise provided, the corporation has perpetual existence.