§ 4. Report. The foundation shall submit to the governor and the
legislature within ninety days after the end of its fiscal year, an
annual report setting forth its operations and accomplishments, assets
and liabilities, receipts and expenditures during such fiscal year as
set forth according to generally accepted accounting practices, and a
list of its consultants and outside contracts with the purposes and
amounts thereof set forth. The report shall also include information on
the amount of money designated for applied research and the types of
research conducted; and the amount of money designated for promotion and
the geographic distribution of promotion funds and the effectiveness of
this program.