Clay Fellowships Charitable Trust

“The organization did not provide a full copy to its governing body before filing the form.”

“The organization does not have a conflict of interest policy available.”

“The clay fellowships charitable trust makes its governing documents and financial statements available to the public by written request to: paul | mccoy family office services llp, 31 st. James avenue suite 740, boston, ma 02116. There is no conflict of interest policy available.”

“Return of capital - viper energy partners 6,679. Return of capital - dorchester minerals 8,513.”

“Clay fellowships charitable trust amended its form 990 to reclass the unrealized investment gains/losses that were reported as revenue on the originally filed return. The following line items were updated on the amended return: 990, page 1, part i, summary line 10, investment income changed to$164,533 line 11, other revenue changed to $0 line 12, total revnue changed to $164,533 line 17, other expenses changed to $5,799 line 18, total expenses changed to $402,709 line 19, revenue less expenses changed to -$238,176 990, page 9, part viii, statement of revenue line 3, investment income chagned to $104,538 line 4, royalties changed to $0 line 7d, gain or loss changed to $59,995 line 12, total revenue changed to $164,533 990, page 10, part ix, statement of functional expenses line 24, other expenses changed to $2,164 line 25, total funcational expenses changed to $402,709 990, page 12, part xi, reconciliation of net assets line 1, total revenue changed to $164,533 line 2, total expenses changed to $402,709 line 3, revenue less expenses changed to -$238,176 line 5, net unrealized gains (losses) on investments changed to $66,207 schedule a, page 6, part v line 1, net short term capital gains changed to $88,730 line 3, other gross income changed to $104,538 line 6, operating expenses changed to $5,799”