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        <Explanation>At August 31, 2013, no amounts have been recognized for uncertain tax positions. The Medici Archive Project, Inc.'s tax returns for the 2010 fiscal year and forward are subject to the usual review by the appropriate authorities.</Explanation>
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        <Explanation>Once the fellowship is granted by the funding institution, THE MEDICI ARCHIVE PROJECT, INC., conducts a search for candidates by advertising it in the appropriate academic forums and by inviting applications. Applications undergo an initial in-house examination to select only those that are relevant to the program, and these are passed on to an outside Selection Committee who ranks the applicants based upon selection criteria. The Committee then recommends to MAP, a list of finalists who are invited to a site visit to the Archive in order to meet the Research Director, and the current Fellows. Finally the RESEARCH DIRECTOR recommends one applicant to the Chair of the Board of Trustees for funding. Each fellow divides his/her time between work on the database (four semesters) and his/her own research project (two semesters). The organization has a research director stationed in Florence Italy who supervises each research fellow. Frequently a three-year fellowship also produces original research based on primary sources in the form of a book that can be published in the forthcoming Medici Archive Project Book Series. Currently MAP is also looking into the possibility of extending the fellows experience to educational programs, in the form of paleography and archival research technique courses to willing hosting institutions.</Explanation>
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        <ReturnReference>Part VI, Section A. - Question 2</ReturnReference>
        <Explanation>GEORGE FRAMPTON, JR. (CHAIR), AND CARLA D'ARISTA FRAMPTON (TRUSTEE), ARE HUSBAND AND WIFE.</Explanation>
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      <GeneralExplanation>
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        <ReturnReference>Part VI, Section B. - Question 11B</ReturnReference>
        <Explanation>A draft of the Form 990 is reviewed by the controller and the Chair of the Board of Trustees. A final copy of the Form 990 is sent out to all the board members of the organization for their review and approval prior to filing.</Explanation>
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      <GeneralExplanation>
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        <ReturnReference>Part VI, Section B. - Question 12c</ReturnReference>
        <Explanation>The Organization has a conflict of interest policy which requires all interested parties to disclose conflicts and potential conflicts as soon as they arise. Once a conflict or potential conflict has been disclosed, the interested person may not discuss the transaction that is the basis of such conflict and must recuse himself or herself from any vote on such transaction. All conflict transactions, if any, and how they are handled, are reported to the board on an annual basis.</Explanation>
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        <ReturnReference>Part VI, Section C. - Question 19</ReturnReference>
        <Explanation>The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.</Explanation>
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