5C Corporation

“Each of the voting members of the governing body of 5c corporation is an employee of yale university (ein 06-0646973), a related organization, and receives compensation for his or her services as an employee of yale university. These individuals are not paid for their services as voting members of 5c corporation.”

“All officers/directors of 5c corporation are either officers, trustees, or employees of yale university, a related organization - business relationship.”

“5c corporation does not have any employees. The officers and directors are not compensated by 5c corporation. 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.”

“Pursuant to the by-laws, the corporation's board has three members. Yale university's (a related organization) chief investment officer is a member ex officio of the board, and the other members are elected (each for a two year term and until their respective successors are elected and qualified or until their earlier death, resignation, or removal) by the affirmative vote of a majority of the members of the yale corporation present at a meeting at which a quorum is present.”

“The form 990 is prepared by yale university, a related organization, and reviewed by an officer of 5c corporation prior to filing.”

“5C Corporation'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 5C Corporation 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 5c corporation.”

“CONTRIBUTIONS TO CAPITAL - 894164; DISTRIBUTIONS - -2544475; GAAP to Tax adjustment - 789; Other Increase - Final K-1 - 8;”