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        <ExplanationTxt>Montefiore Medicine Academic Health System, Inc.(System Parent) qualifies as a Type II supporting organization under Section 509(a)(3), consistent with the foregoing IRS guidelines, in a number of ways. First, there is generally expected to be significant overlap among the Officers, Trustees and other leadership of the System Parent with the Officers, Trustees and other leadership of the Supported Organizations. Currently, each of the Trustees and Officers serve as Directors, Trustees and/or Officers of one or more of the Supported Organizations. Given the overlap among the individuals responsible for the governance of both the System Parent and the Supported Organizations, and the regular coordination and interaction among the boards, officers, and other leadership of all of the entities within the Montefiore system, the System Parent will inherently have the information necessary to ensure that the System Parent will be aware of and responsive to the needs of the Supported Organizations. The nature of the System Parent's purposes and activities also demonstrate that it can and will be responsive to the needs or demands of each of its Supported Organizations and that it can and will be an integral part of, or maintain a significant involvement in, the operations of each Supported Organization. In addition, The System Parent was formed to function as the parent entity of the entire Montefiore system, in such capacity, to oversee, supervise and coordinate the missions, governance, policy making, resource allocation and strategic planning for, and provide other forms of support for the benefit of the Supported Organizations and for the Montefiore System as a whole.</ExplanationTxt>
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        <ExplanationTxt>MONTEFIORE MEDICINE ACADEMIC HEALTH SYSTEM, INC. IS A CONTROLLED ENTITY WITHIN THE MEANING OF SECTION 512(B)(13), HOWEVER IT DID NOT RECEIVE OR ACCRUE ANY INTEREST, ANNUITIES, ROYALTIES OR RENT FROM A CONTROLLED ENTITY DURING 2015. SIMILARLY, MONTEFIORE MEDICINE ACADEMIC HEALTH SYSTEM, INC. DID NOT ENGAGE IN ANY OTHER FINANCIAL TRANSACTIONS WITH A CONTROLLED ENTITY. ACCORDINGLY, THE RESPONSE TO QUESTION 45(B) IS MARKED "NOTHE FILING OF THE EXPANDED FORM 990 IS NOT REQUIRED.</ExplanationTxt>
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