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        <ReturnReference>Part I, Line 4a</ReturnReference>
        <Explanation>The following officer(s), director(s), trustee(s), key employee(s) and/or highest compensated employees participated in or received payment from a supplemental non-qualified retirement plan in calendar 2009: Eugene Levy $66,186 distribution, $50,000 award Scott Wise $214,930 distribution, $170,000 awards</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section A, line 7a</Identifier>
        <Explanation>The board of Rice University, a related organization, elects or appoints all the members of the governing body.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section A, line 8b</Identifier>
        <Explanation>The governing body has the authority to create committees, but they have not done so as of June 30, 2010.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>The form is prepared by staff in the Controller's Office of Rice University EIN# 74-1109620. It is reviewed by CCR staff, the Controller of Rice University, and PWC staff. A copy of form 990 is provided to all board members by e-mail prior to filing.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>The General Counsel of Rice University EIN# 74-1109620 circulates the COI policy and form to the officers and directors of CCR and reports the results to the CCR Board on an annual basis.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 15</Identifier>
        <Explanation>All compensation is paid by Rice University EIN# 74-1109620. Compensation of the organization's officers is determined by the Compensation and Organizational Development committee of the Board of Trustees of Rice University based on comparability data. The deliberations and decisions of the compensation committee of the Board of Trustees of Rice University are contemporaneously documented as are all meetings of the Board and its committees.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section C, line 19</Identifier>
        <Explanation>Form 990 is available upon request. CCR does not produce separate audited financial statements. The consolidated financial statements of Rice University EIN# 74-1109620, which includes CCR, are available on its website.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part XI, Line 2c</Identifier>
        <Explanation>Because Rice University is responsible for the consolidated financial statements, the audit committee for Rice University assumes the responsibility for the oversight of the audit and the selection of the independent accountant.</Explanation>
      </GeneralExplanation>
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</Return>