Trf Private Equity Inc.

“By-laws, article iii, section 3.05, states that "the entire board of directors or any individual director may be removed from office without assigning any cause by member. In case the board or any one or more directors be so removed, new directors may be elected at the same meeting of the member." the reinvestment fund, inc. Was formerly known as dvcrf, delaware valley community reinvestment fund, inc. The reinvestment fund, inc. Is a related 501(c)(3) organization (see form 990, schedule r, part ii) that trf private equity, inc. Supports (see form 990, schedule a, line 11).”

“The organization has engaged our independent accountants mcgladrey llp to prepare form 990 in accordance with our audited financial statements. The form 990 is then reviewed by management and trf's audit and finance committee which is a sub-committee of the full board with fiscal and fiduciary oversight.”

“Comprehensive conflict of interest questionnaire is distributed annually to all board and committee members. Upon receipt of the questionnaire, all board and committee members have 60 days to return the completed questionnaire to the organization's human resource department. The completed questionnaires are reviewed and monitored by the human resource department and any potential conflicts are communicated to the organization's management and board.”

“The organization makes it's governing documents, conflict of interest statement, form(s) 1023, 990 & 990t and financial statement available for public inspection upon request through its offices at 1700 market street, 19th floor, philadelphia, pa 19103. Governing document requests are evaluated and provided on a case by case basis. The organization's financial statements are also available on the reinvestment fund's website.”

“Redesignation of restriction -315,727.”

“The process has not changed from the prior year.”