(1) The Corporation shall submit an annual report for the preceding fiscal year ending
September 30 to the President for transmittal to the Congress on or before the 15th day of
May of each year. The report shall include--
(A) a comprehensive and detailed report of the Corporation's operations, activities,
financial condition, and accomplishments under this subpart and such recommendations
as the Corporation deems appropriate;
(B) a comprehensive and detailed inventory of funds distributed by Federal agencies
to public telecommunications entities during the preceding fiscal year;
(C) a listing of each organization that receives a grant from the Corporation to
produce programming, the name of the producer of any programming produced under
each such grant, the title or description of any program so produced, and the amount of
each such grant;
(D) the summary of the annual report provided to the Secretary pursuant to section
398(b)(4) of this title.
(2) The officers and