3. The Ellis Island Advisory Commission shall have the following responsibilities and duties:
a. to recommend that the proposed Ellis Island Institute and its associated conference center are aligned fully with New Jersey interests, industries and existing institutions;
b. to promote the Ellis Island Institute and its associated conference center regionally and nationally as an important cultural and private-public initiative and a destination venue;
c. to recognize the accomplishments of the State of New Jersey in the rehabilitation, reuse and protection of cultural and historic resources on Ellis Island;
d. to provide, based upon the collective interest of the members and the knowledge and experience of its staff, assistance and advice to Save Ellis Island, Inc., its successors and other interested parties;
e. to cooperate with the State of New York and the City of New York, when appropriate, with respect to the rehabilitation, reuse, and protection of the Ellis Island buildings and resources;
f. to prepare reports for the Governor and the Legislature regarding its findings and recommendations; and
g. to receive and accept appropriations, as well as foster development of gifts and donations to minimize any fiscal impact upon the State.