Malmonides Research and Development Foundation

“Form 990, Part VI, Section A, line 2 Steven Eisenstadt is Marvin Eisenstadt's son.”

“The Chairman of the Board of Trustees of Maimonides Medical Center, or his designee, serves as a director of the Board of Directors. At least one more than that number which constitutes a quorum of the Board of Directors, consists of persons who are Trustees on the Board of Trustees of Maimonides Medical Center, or are officers, senior management employees or department chairs at Maimonides Medical Center.”

“A copy of the Form 990 is reviewed by the outside tax preparer who signs off on the return. The reviewed return and attachments are then presented to the President of the organization and the Finance and Audit Committee of the Board of Trustees to whom the responsibility for reviewing the Form 990 has been delegated for their comments and questions prior to filing. Upon their final review a complete copy of the Form 990 is provided to the entire Board prior to filing.”

“It is the responsibility of all trustees and officers of the Board to familiarize themselves with the conflicts of interest policy and to comply and ensure compliance of family members where applicable. They are required to disclose in detail any activities or interest which may conflict or appear to conflict with the Maimonides Research and Development Foundation's best interest by annually completing a conflict of interest certificate. Any conflicts of interest and other potentially improper activities are reviewed by the Chairman and President.”

“The organization's articles of incorporation may be obtained from the NYS Secretary of State's office. They are also available together with the by-laws upon special request to the Executive Office of Maimonides Medical Center at 4802 Tenth Ave, Admin Bldg, 2nd floor, Brooklyn, NY 11219. The audited financial statements are available upon request to the Medical Center's Executive Office and are posted on the NYS Charitable Bureau website, oag.state.ny.us.”

“In accordance with the terms of the Supplemental Executive Retirement Plan for the Chief Executive Officer and Executive Vice Presidents (the "SERP"), the following employees, who are vested in the SERP, have a yearly payout included in their reportable compensation. These amounts are also included on Schedule J, column B(iii) Other Compensation. KENNETH GIBB'S REPORTABLE COMPENSATION (LINE 2, COLUMN E) INCLUDES, A YEARLY PAYOUT OF $398,380 FROM THE SERP AS HE BECAME VESTED IN THE PLAN. THIS AMOUNT IS INCLUDED ON SCHEDULE J, COLUMN B(III) OTHER COMPENSATION. DAVID COHEN'S REPORTABLE COMPENSATION (LINE 4, COLUMN E) INCLUDES A YEARLY PAYOUT OF $157,334, JOYCE LEAHY'S REPORTABLE COMPENSATION (LINE 6, COLUMN E) INCLUDES A YEARLY PAYOUT OF $117,601, LAURIE WEINSTEIN'S REPORTABLE COMPENSATION (LINE 7, COLUMN E) INCLUDES A YEARLY PAYOUT OF $125,400, AND THOMAS SMITH'S REPORTABLE COMPENSATION (LINE 9, COLUMN E) INCLUDES A YEARLY PAYOUT OF $45,643.”