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The way I understand it, Bush can recess appoint him again, but he can't be paid. I wonder if a Bolton fund is legal.....

Looks like restrictions apply only to payments from the U.S.Treasury.

Private funding of Bolton would in no way be illegal.

It's absolutely essential that President Bush appoint Ambassador Bolton for the final two years of the Administration.

It's exactly these kinds of political gains that must be salvaged--rescued from the approaching Democrat wrecking-ball.

Can the President Make Successive Recess Appointments to the Same Position?

The President may make successive recess appointments of the same or a different individual to a position. Payment from the Treasury to the appointee may be limited, however, under 5 U.S.C. 5503.
Subsection 5503(a) provides, in part, that:

Payment for services may not be made from the Treasury of the United States to an individual appointed during a recess of the Senate to fill a vacancy in an existing office, if the vacancy existed while the Senate was in session and was by law required to be filled by and with the advice and consent of the Senate, until the appointee has been confirmed by the Senate.