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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Ann L Burr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Essie L Calhoun-McDavid</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Mark C Clement</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Thomas A Curley</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Robert Dobies</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Nancy L Fein</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>B Thomas Golisano</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Arthur A Gosnell</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Brian H Hall</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Jeffrey K Harris</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Frank S Hermance</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Susan R Holliday</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Jay T Holmes</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Samuel T Hubbard Jr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Thomas F Judson Jr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Richard A Kaplan</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Kraig H Kayser</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Joyce B Klemmer</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>David Koretz</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Gary J Lindsay</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Joseph M Lobozzo II</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Roosevelt Mercer Jr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Donald L Boyd</NamePerson>
        <Title>Former Officer Retired 6/30/2011</Title>
        <AverageHoursPerWeek>040.00</AverageHoursPerWeek>
        <Former>X</Former>
        <ReportableCompFromOrganization>123362</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>12181</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Harold M Mowl Jr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Brian P O'Shaughnessy</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Sandra A Parker</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Wolfgang Pfizenmaier</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Gerard Q Pierce</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Susan M Puglia</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Robert W Rice</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Thomas S Richards</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Susan J Riley</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Richard E Sands</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Janet F Sansone</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Carl E Sassano</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Stephen L Schultz</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Frank S Sklarsky</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Kevin J Surace</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Sharon Ting</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Harry P Trueheart III</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Donald J Truesdale</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Judy B von Bucher</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Chester N Watson</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Robert D Wayland-Smith</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Christine B Whitman</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Ronald L Zarella</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Brooks H Bower</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Robert D Moore Jr</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>Kim E VanGelder</NamePerson>
        <Title>Trustee</Title>
        <AverageHoursPerWeek>000.10</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>5123893</TotalReportableCompFromOrg>
      <TotalOtherCompensation>700353</TotalOtherCompensation>
      <NumberIndividualsGT100K>393</NumberIndividualsGT100K>
      <FormersListed>true</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>SimplexGrinnell LP</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>90 Goodway Drive</AddressLine1>
            <City>Rochester</City>
            <State>NY</State>
            <ZIPCode>14623</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Fire Safety</DescriptionOfServices>
        <Compensation>1127454</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Wiljeff LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1265 Scottsville Rd</AddressLine1>
            <City>Rochester</City>
            <State>NY</State>
            <ZIPCode>14624</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Rent</DescriptionOfServices>
        <Compensation>803433</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Frederico Construction &amp; Demolition LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1005 Chili Ave Suite 1</AddressLine1>
            <City>Rochester</City>
            <State>NY</State>
            <ZIPCode>14611</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Construction</DescriptionOfServices>
        <Compensation>620634</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>DDS Constructors LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>240 Commerce Drive</AddressLine1>
            <City>Rochester</City>
            <State>NY</State>
            <ZIPCode>14623</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Land Development</DescriptionOfServices>
        <Compensation>348617</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>Sherwood Food Distributors</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>16625 Granite Rd</AddressLine1>
            <City>Maple Hts</City>
            <State>OH</State>
            <ZIPCode>44137</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>Convenience Store Products</DescriptionOfServices>
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        <Description>Constant Maturity Swap</Description>
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        <Explanation>The Cary Library houses some 20,000 volumes and a growing number of manuscripts and correspondence collections on the history and practice of graphic communication technologies. Also included are impressive holdings on bookbinding, papermaking, type design, calligraphy and book illustration. The goal of developing the digital image database is to enable users all over the world to sample the wealth of rich materials housed in the collection.</Explanation>
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        <Explanation>The Public Art on Campus Collection is a series of 31 pieces of fine art including, but not limited to murals, paintings, and statues. All of these works enliven and enrich the cultural environment of RIT, while those that grace the public spaces of our campus help to define and enhance the buildings and walkways they inhabit.</Explanation>
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          <City>Rochester</City>
          <State>NY</State>
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      <Form990ScheduleJPartII>
        <NamePerson>Donald O Baker</NamePerson>
        <BaseCompensationFilingOrg>154467</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>82199</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>15735</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>7392</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>259793</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Donald F Figer</NamePerson>
        <BaseCompensationFilingOrg>214660</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>44533</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>17492</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>16036</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>292721</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Nabil Z Nasr</NamePerson>
        <BaseCompensationFilingOrg>360326</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>2322</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>24500</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>20850</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>407998</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Ashok Rao</NamePerson>
        <BaseCompensationFilingOrg>313893</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>7332</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>22050</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>9335</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>352610</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>John R Schott</NamePerson>
        <BaseCompensationFilingOrg>240258</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>2978</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>21434</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>17099</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>281769</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>Donald L Boyd</NamePerson>
        <BaseCompensationFilingOrg>118912</BaseCompensationFilingOrg>
        <OtherCompensationFilingOrg>4450</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>10308</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>3406</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>137076</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>I</Identifier>
        <ReturnReference>a</ReturnReference>
        <Explanation>Due to the number of University-related activities that the President is required to host, he is required to live in a home owned and maintained by the University. This benefit is not deemed to be taxable compensation.</Explanation>
      </Form990ScheduleJPartIII>
      <Form990ScheduleJPartIII>
        <Identifier>I</Identifier>
        <ReturnReference>a</ReturnReference>
        <Explanation>The University pays social club initiation fees and dues for eight officers and/or highly compensated employees. The personal use portion of the benefit is treated as taxable compensation and added to the employees Form W-2.</Explanation>
      </Form990ScheduleJPartIII>
      <Form990ScheduleJPartIII>
        <Identifier>I</Identifier>
        <ReturnReference>b</ReturnReference>
        <Explanation>Each of the benefits indicated is available to the President certain of these benefits are available to select officers. Amounts considered taxable are reportable compensation included on the employees Form W-2. Since these benefits are limited to very few individuals, a written policy is not considered necessary however, the University has specific written policies pertaining to travel expenditures and payments/reimbursements.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="990K:1" softwareId="11000218" softwareVersion="2011.0.0">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>DASNY RIT Series 2002B</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>146000293</IssuerEIN>
        <CUSIPNumber>64983QH51</CUSIPNumber>
        <DateIssued>2006-05-04</DateIssued>
        <IssuePrice>15719523</IssuePrice>
        <DescriptionOfPurpose>See Part V</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>DASNY RIT Series 2006A</BusinessNameLine1>
        </IssuerName>
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        <CUSIPNumber>64983QF38</CUSIPNumber>
        <DateIssued>2006-05-04</DateIssued>
        <IssuePrice>61706239</IssuePrice>
        <DescriptionOfPurpose>See Part V</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>DASNY RIT Series 2008A</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>146000293</IssuerEIN>
        <CUSIPNumber>6499034Y4</CUSIPNumber>
        <DateIssued>2008-11-13</DateIssued>
        <IssuePrice>84352284</IssuePrice>
        <DescriptionOfPurpose>See Part V</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>DASNY RIT Series 2010</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>146000293</IssuerEIN>
        <CUSIPNumber>6499054S2</CUSIPNumber>
        <DateIssued>2010-10-21</DateIssued>
        <IssuePrice>83324343</IssuePrice>
        <DescriptionOfPurpose>See Part V</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
        <PoolFinancing>false</PoolFinancing>
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        <CreditEnhancement>5000</CreditEnhancement>
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        <YearOfSubstCompletion>2004</YearOfSubstCompletion>
        <CurrentRefunding>true</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
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        <AdvanceRefunding>true</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartII>
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        <IssuanceCostsFromProceeds>684436</IssuanceCostsFromProceeds>
        <CapitalExpenditures>83691278</CapitalExpenditures>
        <OtherSpentProceeds>665865</OtherSpentProceeds>
        <YearOfSubstCompletion>2010</YearOfSubstCompletion>
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        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
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        <RefundingEscrow>40992611</RefundingEscrow>
        <IssuanceCostsFromProceeds>559987</IssuanceCostsFromProceeds>
        <CapitalExpenditures>17479614</CapitalExpenditures>
        <OtherSpentProceeds>3734245</OtherSpentProceeds>
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        <AdvanceRefunding>true</AdvanceRefunding>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <PostIssuanceComplianceProcdrs>true</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>true</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>true</MngmentCntrctBondFinancdPrprty>
        <EngageBondCounselContracts>false</EngageBondCounselContracts>
        <AnyResearchAgreements>true</AnyResearchAgreements>
        <EngageBondCounselResearch>false</EngageBondCounselResearch>
        <PrcntgePrvtBusinessUseByOthers>0.01700</PrcntgePrvtBusinessUseByOthers>
        <TotalPrivateBusinessUse>0.01700</TotalPrivateBusinessUse>
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        <EngageBondCounselContracts>false</EngageBondCounselContracts>
        <AnyResearchAgreements>true</AnyResearchAgreements>
        <EngageBondCounselResearch>false</EngageBondCounselResearch>
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        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>true</ExceptionToRebate>
      </Form990ScheduleKPartIV>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
      <FedTaxRequirementsCompliance>X</FedTaxRequirementsCompliance>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="990L" softwareId="11000218" softwareVersion="2011.0.0">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NameBusiness>
            <BusinessNameLine1>Pike Company</BusinessNameLine1>
          </NameBusiness>
        </NameOfInterestedPerson>
        <Relationship>Trustee, Thomas F Judson Jr</Relationship>
        <AmountOfTransaction>3375497</AmountOfTransaction>
        <DescriptionOfTransaction>Construction Services</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NameBusiness>
            <BusinessNameLine1>Xerox Corporation</BusinessNameLine1>
          </NameBusiness>
        </NameOfInterestedPerson>
        <Relationship>Trustee, Willem Appelo</Relationship>
        <AmountOfTransaction>704087</AmountOfTransaction>
        <DescriptionOfTransaction>Fees for Copiers, Other Devices, Related Svcs</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Mark Barrows</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Family Member of Officer</Relationship>
        <AmountOfTransaction>33546</AmountOfTransaction>
        <DescriptionOfTransaction>Payment of Compensation</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartV>
        <Identifier>IV</Identifier>
        <ReturnReference>1</ReturnReference>
        <Explanation>Trustee, Thomas Judson, Jr, is the owner and chairman of Pike Company.</Explanation>
      </Form990ScheduleLPartV>
      <Form990ScheduleLPartV>
        <Identifier>IV</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>Trustee, Willem Appelo, is an officer of Xerox Corporation.</Explanation>
      </Form990ScheduleLPartV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="990M" softwareId="11000218" softwareVersion="2011.0.0">
      <WorksOfArt>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>6</NumberOfContributions>
        <NoncashContribsRptdF990>1237840</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Appraisal, FMV</MethodOfDeterminingRevenues>
      </WorksOfArt>
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>26</NumberOfContributions>
        <NoncashContribsRptdF990>348514</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Mean Value Date of Gift</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <Collectibles>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>5</NumberOfContributions>
        <NoncashContribsRptdF990>15750</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </Collectibles>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>Consumables</Description>
        <NumberOfContributions>95</NumberOfContributions>
        <NoncashContribsRptdF990>907263</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>Equipment</Description>
        <NumberOfContributions>38</NumberOfContributions>
        <NoncashContribsRptdF990>881444</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>Software</Description>
        <NumberOfContributions>9</NumberOfContributions>
        <NoncashContribsRptdF990>396657</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>Other</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>2000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <NumberOf8283Received>4</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>I</Identifier>
        <ReturnReference>Part 1 Column B</ReturnReference>
        <Explanation>The University is reporting the number of contributions received.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="990O" softwareId="11000218" softwareVersion="2011.0.0">
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>Ann L Burr, B Thomas Golisano, Susan R Holliday, Richard A Kaplan, Sandra A Parker, Carl E Sassano, Stephen L Schultz, Harry P Trueheart III, Christine B Whitman and Ronald L Zarella are RIT trustees. William W Destler and James H Watters are officers. Business relationship - Complemar Partners Inc Susan R Holiday Director, Carl E Sassano Director, and Christine B Whitman Chair and CEO Business relationship - Frontier Communications Ann L Burr President, Northern Region, Sandra A Parker Director, Frontier Communications, and Harry P Trueheart III Director of Frontier Telephone of Rochester, a subsidiary Business relationship - One Stream Networks LLC Carl E Sassano Director and Christine B Whitman Managing Member Business relationship - Pictometry International Corp B Thomas Golisano Director and Stephen L Schultz CTO Business relationship - Rochester Business Alliance Sandra A Parker President/CEO and Harry P Trueheart III Director Business relationship - Torvec Inc William W Deslter Director and Richard A Kaplan CEO Business relationship - Vnomics Richard A Kaplan Director, James H Watters Director, and Ronald L Zarella Chair Business relationship - Voiceport LLC Carl E Sassano Director and Christine B Whitman Managing Member.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VII</Identifier>
        <ReturnReference>11b</ReturnReference>
        <Explanation>Prior to filing the return, it was provided to the members of the Audit Committee and subsequently presented for review at a regularly scheduled Audit Committee meeting. Prior to filing the return, it was made available to all members of the Board of Trustees via a secured website.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <Explanation>The Universitys Conflict of Interest policy applies to all members of the Board of Trustees. All trustees and officers are required to disclose potential conflicts of interest as soon as possible. Additionally, on an annual basis, the Secretary of the University distributes a Conflict of Interest Disclosure form to all trustees and officers soliciting disclosure of any actual or potential conflicts.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <Explanation>Following the receipt of information concerning a contract or transaction involving a potential conflict of interest, the Secretary of the University will arrange for the Conflict of Interest Subcommittee to consider the material facts concerning the fairness and business case of the proposed contract or transaction. The Committee shall approve only those contracts or transactions in which the terms are fair and reasonable to the University and the arrangements are consistent with the best interests of the University. In any event, such members will neither vote, nor discharge his/her duties with respect to any matter concerning a conflict. The Committee shall set forth the basis for its decision with respect to approval of contracts or transactions involving conflicts of interest in the minutes of the meeting at which the decision is made, including the basis for determining that the consideration to be paid is fair to the University.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <Explanation>The Conflict of Interest Conflict of Commitment ICIC policy requires all regular RIT faculty and staff to disclose potential, real, or perceived conflicts of interest or commitment annually to their immediate supervisor. Additionally, the ICIC policy requires that employees submit an annual disclosure and/or a disclosure when circumstances change that may create a potential, real, or perceived conflict.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>15b</ReturnReference>
        <Explanation>The Executive Compensation Subcommittee shall decide upon matters of executive salary and benefits, and annually shall review the compensation of the officers of the University, making a recommendation concerning the same to the Executive Committee for its final approval. The President annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the officers of the University, other than the President, and a proposal for their compensation. The Chair of the Board of Trustees annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the President and a proposal for the Presidents compensation. Biennially the Executive Compensation Subcommittee utilizes various tools to review the compensation for the officers independent consultant and compensation survey based on a salary analysis of comparable positions in like circumstances.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>15b</ReturnReference>
        <Explanation>The Executive Compensation Subcommittee reviews the proposed salaries of the following positions President Provost and SVP Academic Affairs SVP Finance and Administration SVP Enrollment Management and Career Services VP for Research and Assoc Provost VP Development and Alumni Relations SVP Student Affairs President NTID, VP and Dean RIT VP for Strategic Planning and Special Initiatives VP Government and Community Relations VP Dean Institute Health Sciences and Technology and VP and Assoc Provost for Diversity and Inclusion. The Executive Compensation Subcommittee shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the primary conclusions of the evaluation and the basis for determining that the individuals compensation was reasonable in light of the evaluation and comparability data. The Executive Compensation Subcommittee reports annually to the Finance Committee and to the full Board concerning the evaluation of officers and the establishment of their compensation.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part VI</Identifier>
        <ReturnReference>19</ReturnReference>
        <Explanation>The following documents are available at the Universitys website at www.rit.edu 1 list of members of the Board of Trustees 2 consolidated audited financial statements and, 3 University Policy and Procedures Manual. Additionally, these documents are available upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 Part XI</Identifier>
        <ReturnReference>5</ReturnReference>
        <Explanation>Total net unrealized losses on investments for the tax year was 31,877,294.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990</Identifier>
        <Explanation>Part III Line 1 RIT Venture Fund I, LLC was created to make investments in seed, venture, and growth-stage companies that involve RIT students, faculty, technologies, or incubators or similar facilities generated by, connected with, or spun-out from RIT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990 Part VI Section A Line 2 Ann L Burr, B Thomas Golisano, Susan R Holliday, Richard A Kaplan, Sandra A Parker, Carl E Sassano, Stephen L Schultz, Harry P Trueheart III, Christine B Whitman and Ronald L Zarella are RIT trustees. William W Destler and James H Watters are officers. Business relationship - Complemar Partners Inc Susan R Holiday Director, Carl E Sassano Director, and Christine B Whitman Chair and CEO Business relationship - Frontier Communications Ann L Burr President, Northern Region, Sandra A Parker Director, Frontier Communications, and Harry P Trueheart III Director of Frontier Telephone of Rochester, a subsidiary Business relationship - One Stream Networks LLC Carl E Sassano Director and Christine B Whitman Managing Member Business relationship - Pictometry International Corp B Thomas Golisano Director and Stephen L Schultz CTO Business relationship - Rochester Business Alliance Sandra A Parker President/CEO and Harry P Trueheart III Director Business relationship - Torvec Inc William W Deslter Director and Richard A Kaplan CEO Business relationship - Vnomics Richard A Kaplan Director, James H Watters Director, and Ronald L Zarella Chair Business relationship - Voiceport LLC Carl E Sassano Director and Christine B Whitman Managing Member. Form 990 Part VII Section B Line 11b Prior to filing the return, it was provided to the members of the Audit Committee and subsequently presented for review at a regularly scheduled Audit Committee meeting. Prior to filing the return, it was made available to all members of the Board of Trustees via a secured website. Form 990 Part VI Section B Line 12c The Universitys Conflict of Interest policy applies to all members of the Board of Trustees. All trustees and officers are required to disclose potential conflicts of interest as soon as possible. Additionally, on an annual basis, the Secretary of the University distributes a Conflict of Interest Disclosure form to all trustees and officers soliciting disclosure of any actual or potential conflicts. Form 990 Part VI Section B Line 12c Following the receipt of information concerning a contract or transaction involving a potential conflict of interest, the Secretary of the University will arrange for the Conflict of Interest Subcommittee to consider the material facts concerning the fairness and business case of the proposed contract or transaction. The Committee shall approve only those contracts or transactions in which the terms are fair and reasonable to the University and the arrangements are consistent with the best interests of the University. In any event, such members will neither vote, nor discharge his/her duties with respect to any matter concerning a conflict. The Committee shall set forth the basis for its decision with respect to approval of contracts or transactions involving conflicts of interest in the minutes of the meeting at which the decision is made, including the basis for determining that the consideration to be paid is fair to the University. Form 990 Part VI Section B Line 12c The Conflict of Interest Conflict of Commitment ICIC policy requires all regular RIT faculty and staff to disclose potential, real, or perceived conflicts of interest or commitment annually to their immediate supervisor. Additionally, the ICIC policy requires that employees submit an annual disclosure and/or a disclosure when circumstances change that may create a potential, real, or perceived conflict. Form 990 Part VI Section B Line 15b The Executive Compensation Subcommittee shall decide upon matters of executive salary and benefits, and annually shall review the compensation of the officers of the University, making a recommendation concerning the same to the Executive Committee for its final approval. The President annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the officers of the University, other than the President, and a proposal for their compensation. The Chair of the Board of Trustees annually will meet with the Executive Compensation Subcommittee and provide it with an evaluation of the President and a proposal for the Presidents compensation. Biennially the Executive Compensation Subcommittee utilizes various tools to review the compensation for the officers independent consultant and compensation survey based on a salary analysis of comparable positions in like circumstances. Form 990 Part VI Section B Line 15b The Executive Compensation Subcommittee reviews the proposed salaries of the following positions President Provost and SVP Academic Affairs SVP Finance and Administration SVP Enrollment Management and Career Services VP for Research and Assoc Provost VP Development and Alumni Relations SVP Student Affairs President NTID, VP and Dean RIT VP for Strategic Planning and Special Initiatives VP Government and Community Relations VP Dean Institute Health Sciences and Technology and VP and Assoc Provost for Diversity and Inclusion. The Executive Compensation Subcommittee shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the primary conclusions of the evaluation and the basis for determining that the individuals compensation was reasonable in light of the evaluation and comparability data. The Executive Compensation Subcommittee reports annually to the Finance Committee and to the full Board concerning the evaluation of officers and the establishment of their compensation. Form 990 Part VI Section C Line 19 The following documents are available at the Universitys website at www.rit.edu 1 list of members of the Board of Trustees 2 consolidated audited financial statements and, 3 University Policy and Procedures Manual. Additionally, these documents are available upon request. Form 990 Part XI Line 5 Total net unrealized losses on investments for the tax year was 31,877,294. Form 990 Section R Part III Line 1 RIT Venture Fund I, LLC was created to make investments in seed, venture, and growth-stage companies that involve RIT students, faculty, technologies, or incubators or similar facilities generated by, connected with, or spun-out from RIT.</Explanation>
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