Preparedness and Resilience Foundation Act - Establishes the Preparedness and Resilience Foundation as a nonprofit, private corporation to support and carry out activities that: (1) promote the resilience of individuals, communities, structures, and systems against natural disasters and terrorist attacks and other human caused disasters; and (2) build and sustain capabilities of the public, private, and civic sectors to work together to prepare for, prevent, protect against, respond to, recover from, and mitigate all such hazards.
Directs the Foundation to establish an Endowment Fund for providing endowments for positions that are associated with the Federal Emergency Management Agency (FEMA) and dedicated to the Foundation's purpose. Includes among Foundation activities providing for: (1) fellowship programs among state, local, and tribal officials to work and study in association with each other and FEMA or the Department of Homeland Security (DHS); (2) international exchange programs for voluntary or reciprocal service by officials engaged in preparedness or resilience activities; and (3) programs to improve the collection and analysis of data on preparedness and resilience programs, practices, activities, and events.
Authorizes the FEMA Administrator to: (1) accept any gift or devise of property and any voluntary service provided by the Foundation for the purpose of aiding or facilitating the work of FEMA; and (2) provide to the Foundation facilities, utilities, and support services as determined to be advantageous to FEMA or DHS programs.
Establishes a committee to incorporate, provide for initial operation of, and appoint the initial Board of Directors of, the Foundation.