A bill to grant a Federal charter to the National Opportunities Camps.

Creates a body corporate for charitable purposes to be known as the National Opportunities Camps. States the purposes of such corporation, including to assist in the prevention of delinquency by operating camps for disadvantaged children and to provide financial assistance to enable disadvantaged children to attend camps other than those operated by the corporation. Sets forth the powers of such corporation. Forbids the corporation from making loans to its officers, directors, or employees. Prohibits such corporation from engaging in political activity.

Requires the corporation to keep correct and complete books and records which shall be available for inspection by any member entitled to vote, or the attorney or agent of such member. Grants to such corporation the sole and exclusive right to the name "National Conditioning Camps." Requires the corporation to submit annual reports to Congress on its activities.