N Y Police and Fire Widows & Childrens Benefit Fund Inc.

“form 990, part I, line 1 & Part III, line 1 THE PURPOSE OF THE FUND IS TO PROVIDE ASSISTANCE TO THE FAMILIES OF NEW YORK CITY POLICE OFFICERS AND FIREFIGHTERS WHO HAVE BEEN KILLED IN THE LINE OF DUTY. AFTER THE EVENTS OF SEPTEMBER 11, 2001, THE FUND ALSO BEGAN TO PROVIDE ASSISTANCE TO FAMILIES OF PORT AUTHORITY OF NEW YORK AND NEW JERSEY POLICE OFFICERS AND NEW YORK CITY EMERGENCY MEDICAL SERVICE PERSONNEL KILLED IN THE LINE OF DUTY. Form 990, Part VI, Section a, line 2 Steven Stuart (Board Member) and Phil Moyles (President) have a business relationship. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE FUND'S TREASURER. A COPY OF THE DRAFT FORM 990 WAS sent to the BOARD OF DIRECTORS and to the audit committee. EACH BOARD and audit committee MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO REVIEW AND COMMENT ON THE INFORMATION CONTAINED IN THE FEDERAL FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.”

“FORM 990, PART VI, SECTION B, LINE 12 Each officer, director, employee and committee member of the organization is required to annually disclose any entity of which such person is an officer, director, trustee, member, owner, or employee and with which the organization has a relationship, and any transaction in which the organization is a participant and in which the person may have a conflicting interest. in addition, prior to the initial election of any prospective new director, such prospective director must complete, sign and submit such written statement to the secretary of the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to such persons. Potential conflicts are investigated immediately. the organization's conflict of interest policy places an affirmative obligation on each officer, director, employee, and committee member to disclose any conflict of interest, potential conflict of interest, or appearance of a conflict of interest, including, without limitation, a related party transaction, to the chair of the audit committee, who must disclose such reported information to the audit committee and the board of directors or the executive committee in advance of entering into, or consummating, the transaction giving rise to such conflict of interest, potential conflict of interest, or appearance of a conflict of interest. if the individual involved in the conflict of interest, potential conflict of interest, or appearance of a conflict of interest is present at the meeting at which such conflict is discussed, he or she may participate in the fact-gathering portion of the meeting but may not participate during the deliberations or vote and is excused from the meeting during such deliberations and vote. Prior to the organization entering into the transaction, agreement, or any other arrangement in which a person has a conflict of interest, potential conflict of interest, or appearance of a conflict of interest, the board of directors or the executive committee must (i) consider alternative transactions to the extent applicable, (ii) determine that the transaction is fair and reasonable and in the best interests of the organization, (iii) approve the proposed transaction by not less than a majority vote of the directors or committee members present at the meeting, and (iv) contemporaneously document in writing the basis for its approval.”

“FORM 990, PART VI, SECTION B, LINE 15 Compensation is reviewed annually by the chairman, president, treasurer, and/or secretary, and members of the executive committee of the fund. THE FUND REVIEWS MARKET DATA FOR SIMILAR POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS AND WRITTEN DOCUMENTATION OF THE DECISION MAKING PROCESS IS KEPT ON FILE.”

“FORM 990, PART VI, SECTION C, LINE 19 The organization's financial statements are posted on www.guidestar.org, on the organization's website, and are available from the organization upon request. All organizational documents, including the conflict of interest policy and governing documents are available from the organization upon request.”