This bill sets up a new, private, nonprofit foundation to fight global hunger by boosting farming and food systems. It is not a U.S. government agency, but it can receive an annual grant to support its work. The foundation would back projects that help farmers grow more food, earn more income, and make food systems stronger, using tools like grants, low-cost loans, and project financing. It aims to fund local partners, build things like irrigation and storage, support research, and scale proven technology to reduce hunger. Funding is tied to clear results, with impact evaluations to make sure projects actually improve yields, nutrition, and resilience to future food shocks .

Projects must avoid duplicating what others already fund, match some costs with non-U.S. government money, and show how work will continue after funding ends. Countries have to show commitment to modernizing agriculture and making helpful policy reforms. Funding can be cut if progress stalls. The foundation may not support governments that back terrorism, violate human rights, or people under U.S. sanctions. It must follow strong safeguards, avoid political activity, and file annual public reports on results and spending .

• Who is affected: Farmers, local agribusinesses, and communities in partner countries; U.S. taxpayers who fund an annual grant tied to results; private donors and investors who may co-fund projects .
• What changes: A results-focused foundation invests in inputs, infrastructure, research, and tech; uses grants and financing; requires impact evaluations; and avoids funding in countries linked to terrorism or abuses .
• When: The board must meet within 120 days of enactment; the first annual report is due two years after enactment, then every year by March 31 while it operates .