The Pillsbury Winthrop Shaw Pittman Foundation

“========================================================= Mr. Rishwain, Mr. Decker, Mr. Heisse, Mr. Whelan, Mr. Perron and Ms. Macalolooy all have a business relationship.”

“========================================================= the form 990 is prepared by a paid preparer and provided to the members of the board for review. Upon their approval, the returns are finalized and filed.”

“========================================================= to ensure pillsbury winthrop shaw pittman foundation (the "corporation") operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. When conducting periodic reviews, the corporation may, but need not, employ outside experts. Each director, principal officer and member of a committee with governing board delegated powers are to annually sign a statement which affirms that such person has received a copy of the policy, read and understands the policy, has agreed to comply with this policy, and understands the corporation is for charitable purposes. In connection with any actual or possible conflicts of interest, an interested person (defined as an officer, director or member of a committee with governing board delegated members) has a duty to disclose any financial interests amd material facts. The governing board or committee shall exercise due diligence to determine whether a conflict of interest exists and whether to enter into the transaction or arrangement.”

“========================================================= form 1023 and attachments are made available upon request. Financial statements, governing documents, and the conflict of interest policy, however, will not be made available.”

“========================================================= the board of pillsbury winthrop shaw pittman has the right to elect members of the foundation board and can also cause their removal.”