Derry Township School District Trust

“Irs form 990 is reviewed by a tax officer of the institutional trustee”

“The trustee, fulton bank, n.a., regularly and consistently monitors and enforces compliance with its conflict of interest policy through training and reporting initiatives in accordance with federal and state laws applicable to banking institutions.”

“The trustee, fulton bank, n.a., provides investment management, administrative, and tax preparation services to the organization and is compensated in accordance with its published fee schedule. Fees for these services are competitive in the marketplace.”

“The organization's governing documents, conflict of interest policy, and financial statements are not generally available to the public unless required due to inclusion with a form that is required to be publicly available, in which case, those documents can be obtained upon request.”

“Money market, mutual fund, bond interest and corporate stock income and expense items properly recognized in the current tax year and posted to the balance sheet in the subsequent tax year or posted to the balance sheet in the current year and recognized in the prior year.....$1,116; accrued bond interest expense posted to balance sheet in current year, but effective for the prior or subsequent tax year.....$616; gains/losses recognized in the current tax year and posted to the balance sheet in the subsequent tax year or posted to the balance sheet in the current year and recognized in the prior year.....-$9,815; cost basis adjustments due to return of capital, spin offs, stock dividends, and mergers.....$48,179.”