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        <ReturnReference>PART X:</ReturnReference>
        <Explanation>THE FOUNDATION AND FUND BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. THE FISCAL PERIODS ENDING 2009 THROUGH 2012 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES.</Explanation>
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        <Explanation>A COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS BEFORE SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>THE CHAIRMAN OF THE BOARD OF DIRECTORS REGULARLY MONITORS THE ACTIVITIES OF THE BOARD MEMBERS AND THE SENIOR STAFF. THE PRESIDENT, CHIEF OPERATING OFFICER AND CONTROLLER REGULARLY MONITORS THE ACTIVITIES OF THE STAFF AND KEY CONSULTANTS.</Explanation>
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      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS (ALL INDEPENDENT) PERIODICALLY REVIEWS THE PRESIDENT'S PERFORMANCE, MAKES A SALARY COMPARISON TO OTHER SIMILAR NON-PROFIT ORGANIZATIONS AND ADJUSTS HIS SALARY IF WARRANTED. FORM 990, PART VI, SECTION B, LINE 15B: ON A PERIODIC BASIS, THE PRESIDENT REVIEWS THE SALARIES OF ALL STAFF AND DETERMINES THE APPROPRIATENESS OF COST OF LIVING OR MERIT PAY INCREASES.</Explanation>
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      <GeneralExplanation>
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        <Explanation>YES. EITHER A HARD COPY OR ELECTRONIC COPY OF THE CONFLICT OF INTEREST POLICIES (ONE FOR THE BOARD AND A SEPARATE ONE FOR THE STAFF), GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE AVAILABLE.</Explanation>
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      <GeneralExplanation>
        <ReturnReference>FORM 990, PART XII, LINE 2C:</ReturnReference>
        <Explanation>THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.</Explanation>
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