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        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>FANCONI ANEMIA RESEARCH FUND, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF THE INTERNAL REVENUE CODE AND AS AN ENTITY THAT QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE FINANCIAL STATEMENTS PURSUANT TO ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. THE ORGANIZATION GENERALLY EVALUATES ANY UNCERTAIN TAX POSITIONS CONSISTENT WITH THE ACCOUNTING AND DISCLOSURE REQUIREMENTS OF ASC 450, CONTINGENCIES.</ExplanationTxt>
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        <ExplanationTxt>THE PROPOSAL REVIEW COMMITTEE (PRC), COMPRISED OF FOUR BOD MEMBERS (INCLUDING TWO SCIENTISTS), REVIEWS ALL GRANT PROPOSALS. THE PRC THEN MEETS AND VOTES TO DETERMINE IF FUNDING OF THE PROPOSAL IS RECOMMENDED OR NOT. THE PRC RECOMMENDATION IS THEN SENT TO THE FULL BOD FOR A VOTE. IF THE MAJORITY OF THE BOD AGREES WITH THE PRC RECOMMENDATION, THE GRANT IS FUNDED. AN ACCEPTANCE OF AWARD DOCUMENT IS THEN SENT TO THE INVESTIGATOR THAT DETAILS THE AMOUNT OF FUNDING AND THE DATES OF THE PROJECT. THIS DOCUMENT MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND THE OFFICIAL SIGNING AUTHORITY OF THE INSTITUTION WHERE THE RESEARCH WILL BE PERFORMED. TO MONITOR THE USE OF FUNDS, FINANCIAL AND RESEARCH REPORTS ARE REQUIRED EVERY YEAR OF THE PROJECT.</ExplanationTxt>
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        <ExplanationTxt>THE PROPOSAL REVIEW COMMITTEE (PRC), COMPRISED OF FOUR BOD MEMBERS (INCLUDING TWO SCIENTISTS), REVIEWS ALL GRANT PROPOSALS. THE PRC THEN MEETS AND VOTES TO DETERMINE IF FUNDING OF THE PROPOSAL IS RECOMMENDED OR NOT. THE PRC RECOMMENDATION IS THEN SENT TO THE FULL BOD FOR A VOTE. IF THE MAJORITY OF THE BOD AGREES WITH THE PRC RECOMMENDATION, THE GRANT IS FUNDED. AN ACCEPTANCE OF AWARD DOCUMENT IS THEN SENT TO THE INVESTIGATOR THAT DETAILS THE AMOUNT OF FUNDING AND THE DATES OF THE PROJECT. THIS DOCUMENT MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND THE OFFICIAL SIGNING AUTHORITY OF THE INSTITUTION WHERE THE RESEARCH WILL BE PERFORMED. TO MONITOR THE USE OF FUNDS, FINANCIAL AND RESEARCH REPORTS ARE REQUIRED EVERY YEAR OF THE PROJECT.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>DIRECTORS LYNN AND AMY FROHNMAYER HAVE A FAMILY RELATIONSHIP.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>POLICY MANUAL AND BYLAWS UPDATED IN 2013.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE PRESIDENT AND THE EXECUTIVE DIRECTOR PRIOR TO FILING AND THEN DISTRIBUTED TO THE BOARD</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS ANNUALLY STATE ANY REAL OR POTENTIAL CONFLICTS OF INTEREST ON A CONFLICT OF INTEREST DISCLOSURE FORM</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>IN 2013, EMPLOYEE COMPENSATION WAS EVALUATED BY COLLECTING COMPARABLE DATA FROM NON-PROFIT, STATE, AND COUNTY SOURCES</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>WHEN REQUESTED, WE MAKE A COPY AND MAIL THEM TO THE REQUESTING PARTY</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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</Return>