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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOLARSHIP ENDOWMENT WILL BE DEVOTED TO THE SUPPORT OF PROVIDING SCHOLARSHIPS TO ELIGIBLE PERSONS FOR TUITION, FEES, AND ANY COURSE-RELATED EXPENSES INCLUDING BOOKS, SUPPLIES, AND EQUIPMENT AT THE UNIVERSITY. ALL GRANTS FROM THE SCHOLARSHIP ENDOWMENT MUST BE APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS IN ITS DISCRETION, TAKING INTO ACCOUNT ANY INPUT FROM THE UNIVERSITY, AND WILL BE AWARDED ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS AND WILL BE CONSISTENT WITH TRADITIONAL SCHOLARSHIP REQUIREMENTS AND PRINCIPLES DESCRIBED IN THE INTERNAL REVENUE CODE.</ExplanationTxt>
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      <GrantsToOrgOutsideUSGrp>
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      <GrantsToOrgOutsideUSGrp>
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        <ExplanationTxt>AUIF COORDINATES WITH THE DONOR THAT THE GRANT HAS BEEN RECEIVED. THE DONOR CAN REQUEST ADDITIONAL INFORMATION RELATING TO THE DISTRIBUTION OF THE GRANT AND HOW THE GRANT IS BEING MONITORED. THOUGH THE FOUNDATION AND AMERICAN UNIVERSITY OF IRAQ, SULAIMANI ("AUIS") ARE SEPARATE ENTITIES, AUIS KEEPS DETAILED RECORDS OF GRANT DISTRIBUTIONS THAT CAN BE REQUESTED BY THE FOUNDATION OR A DONOR.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8B</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 WAS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR. A COPY OF THE FINAL 990 WAS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION'S TREASURER REVIEWS ANNUAL DISCLOSURE STATEMENTS TO DETERMINE WHETHER A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED. IF A MATERIAL FINANCIAL INTEREST HAS BEEN DISCLOSED, THE TREASURER PROMPTLY SUBMITS TO THE PRESIDENT OF THE FOUNDATION OR IF THE INTERESTS INVOLVE THE PRESIDENT, TO THE OTHER DIRECTORS. DISCLOSURE FORMS TOGETHER WITH ANY ADDITIONAL INFORMATION ABOUT THE CURRENT OR PROPOSED TRANSACTION OR BUSINESS RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST THAT THE TREASURER DEEMS INFORMATIVE WILL BE DISCLOSED. THE NON-INTERESTED DIRECTORS REVIEW THE MATTER AND DETERMINE WHETHER THERE IS A CONFLICT OF INTEREST. THE NON-INTERESTED DIRECTORS REVIEW INFORMATION, AS IT DEEMS PERTINENT, INCLUDING POSING QUESTIONS TO THE INTERESTED DIRECTOR INVOLVED. AFTER THE INTEREST AND ALL MATERIAL FACTS HAVE BEEN DISCLOSED AND AFTER REASONABLE TIME FOR DISCUSSION HAS BEEN ALLOWED, THE INTERESTED PARTY LEAVES THE ROOM AND MAY NOT BE PRESENT DURING THE DELIBERATIONS. IF THE DIRECTORS DETERMINE THAT THERE IS A CONFLICT OF INTEREST, IT ADVISES THE INTERESTED DIRECTOR, WHO HAS A FURTHER OPPORTUNITY TO ADDRESS THE MATTER. IF IT IS DETERMINED THAT NO CONFLICT OF INTEREST EXISTS, THE INTERESTED DIRECTOR REJOINS THE MEETING AND PARTICIPATE FULLY IN THE DISCUSSION OF AND VOTE ON THE PROPOSED TRANSACTION OR ARRANGEMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>AUIF'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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</Return>