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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="RetDoc4">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE EDUCATION CONSERVANCY IS COMMITTED TO IMPROVING THE COLLEGE ADMISSIONS PROCESS FOR STUDENTS, PARENTS, COLLEGES, AND HIGH SCHOOLS. BY HARNESSING THE RESEARCH, IDEAS, LEADERSHIP AND IMAGINATION OF THOUGHTFUL EDUCATORS, THE EDUCATION CONSERVANCY DELIVERS APPROPRIATE ADVICE, ADVOCACY, AND SERVICES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>A DRAFT OF THE FORM 990 IS PROVIDED TO AND REVIEWED BY THE DIRECTORS TO ENSURE THE FORM 990 ACCURATELY AND COMPLETELY DESCRIBED THE EDUCATION CONSERVANCY'S MISSION AND FINANCIAL PERFORMANCE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE TWO INDEPENDENT DIRECTORS OF THE EDUCATION CONSERVANCY PERIODICALLY REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR WITH THE EXECUTIVE DIRECTOR. THE GOALS AND ACCOMPLISHMENTS ARE CONSIDERED, AND, IF APPROPRIATE, AN ADJUSTMENT TO COMPENSATION IS AUTHORIED. ANY CHANGES TO COMPENSATION OF THE EXECUTIVE DIRECTOR (AND ALL EMPLOYEES) IS DOCUMENTED IN THE MEETING MINUTES OF THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>THE TWO INDEPENDENT DIRECTORS OF THE EDUCATION CONSERVANCY PERIODICALLY REVIEW THE COMPENSATION OF THE EXECUTIVE DIRECTOR WITH THE EXECUTIVE DIRECTOR. THE GOALS AND ACCOMPLISHMENTS ARE CONSIDERED, AND, IF APPROPRIATE, AN ADJUSTMENT TO COMPENSATION IS AUTHORIED. ANY CHANGES TO COMPENSATION OF THE EXECUTIVE DIRECTOR (AND ALL EMPLOYEES) IS DOCUMENTED IN THE MEETING MINUTES OF THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF THE EDUCATION CONSERVANCY ARE MADE AVAILABLE TO ANYONE UPON REQUEST. IN ADDITION, BY FILING FORM 990, THE FINANCIAL RESULTS OF THE ORGANIZATION BECOME PUBLIC DOCUMENTS. THERE IS NO WRITTEN CONFLICT OF INTEREST POLICY AT THIS TIME.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>