Staff Retirement Holdings Inc

“Staff Retirement Holdings, Inc. does not have any employees. The officers and directors are not compensated by Staff Retirement Holdings, Inc. All compensation reported on Part VII pertains to officers and directors compensated by Yale University (a related tax exempt organization) as employees of Yale University.”

“Stephen C. Murphy, Alexander C. Banker, Amelia M. Chivetta, and Matthew S.T. Mendelsohn - Business relationship”

“Yale University Retirement Plan for Staff Employees is the corporation's sole member.”

“Yale University Retirement Plan for Staff Employees, as the corporation's sole member, elects directors of Staff Retirement Holdings, Inc. to succeed the directors whose terms are expiring.”

“Yale University Retirement Plan for Staff Employees, as the corporation's sole member, has all rights, powers and privileges usually or by law accorded to the members of a nonstock nonprofit corporation. In addition to such other rights, powers, and privileges it may have by law, Yale University Retirement Plan for Staff Employees has the following rights, powers, and privileges: i.) to approve the acquisition by the corporation of any property and the incurring of any indebtedness for borrowed money; ii.) to remove any member of the Board of Directors at any time, regardless of the term for which such member may have been elected; iii.) to vote upon all matters on which members are entitled to vote under the Connecticut Revised Nonstock Corporation Act; and iv.) to act on any other matters on which action by members is required or permitted by its Bylaws.”

“The Form 990 is prepared by Yale University, a related tax exempt organization, and is reviewed by an officer of Staff Retirement Holdings, Inc. before filing.”

“Staff Retirement Holdings, Inc.'s Conflict of Interest Policy obligates each current and covered former director, officer, and member of a committee with governing board delegated powers to promptly disclose any actual or potential conflict of interest as defined in the Policy. Each such person must sign a statement annually affirming that he or she has received a copy of the Conflict of Interest Policy, has read and understands the Policy, agrees to comply with the Policy, and understands that Staff Retirement Holdings, Inc. is a charitable organization and that in order to maintain its Federal Tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or potential conflict of interest, an interested person must disclose the existence of his or her potential conflict and all material facts to the directors and members of the committee with governing board delegated powers considering the prospective transaction or arrangement to determine if a conflict of interest exists. After disclosure of a potential conflict of interest, the interested person is excused from the governing board meeting while the determination of a conflict of interest is made and is recused from participating in any vote on the matter. The remaining board or committee members shall decide if a conflict of interest exists.”

“The organization's governing documents, including any amendments, and financial statements, to the extent provided as a part of its exemption application or annual Form 990, are available to the public upon request. The organization's conflict of interest policy is not currently made available to the public.”

“Individuals listed in part VII with compensation reported in column (E) received compensation from Yale University, a related organization, for their services as Yale University employees. The estimated average hours per week devoted to Yale University by each of these employees is 50, though in many cases the actual average hours per week for listed persons exceeded this estimate. These individuals are not compensated in their capacity as officers or directors of staff retirement holdings, inc.”

“Capital Distributions - -56467115; Total - -56467115;”