Triangle Fraternity National Council

“The organization has alumni as members.”

“The Alumni elect members to the Board of Directors at the Annual Meeting held Founders' Day weekend.”

“Yes - major projects and issues are presented by the Board to the alumni present at the Annual Meeting and are voted on by the alumni members present at the Annual Meeting.”

“| Name of the person:, Address of the person:| Matthew N Frank, 5137 W Foster Ave, Chicago, IL, 60630| Nathan H Davis, 3229 S Park Ave, Springfield, , , 62704| Andrew Lee, 510 W Erie St, Apt. 704, Chicago, , , 60654| Vibhu Vanjari, 230 Peppermint Tree Terr., Unit #2, Sunnyvale, , , 94086| Alex Perez, 4455 N Major Ave, Chicago, , , 60630| William Laitar, 1712 W Pierce Ave, Chicago, , , 60622|”

“| Explanation:| This amount $26,623 consists of $26,416 per our 1099-B and $207 of other interest.”

“| Explanation:| This amount $373,435 consists of book value gains on mutual fund liquidation $34,424 write-offs and adjustments $340,717 and other items $294.”

“| Explanation:| Governing documents and financial statements and other related documents and information are provided to the public upon request.”

“As part of a multi-million dollar house renovation project Illinois Triangle Alumni Association "ITAC" transferred title to the fraternity's house land building contents to an affiliated national Fraternity organization Triangle Illinois House LLC. "TIH". Also as part of the renovation project. another affiliated national Fraternity organization Triangle Building and Housing Corporation "TBHC" arranged for and assumed financing. In return ITAC transferred all its assets cash proceeds from liquidation of mutual funds and any other receivables to TBHC. TBHC also assumed all house-related ITAC liabilities including money lent to ITAC by TBHC real estate taxes payable fund raising expenses payable and other project and house-related expenses and payables. The renovation project started with planning and then engaging an architect and general contractor. ITAC volunteers worked with TBHC to supervise the renovation project. ITAC and TBHC engaged the services of another affiliated organization Triangle Fraternity Foundation to solicit donations and pledges from alumni and friends. The project started in the Spring of 2019 and construction was sufficiently completed by January 2022 for the undergrads to move back into the renovated house. Other than transferring ownership of the house to TIH ITAC continues its involvement in the maintenance and operation of the chapter house and with the program services education campus involvement social of the undergrads the Illinois Chapter of Triangle Fraternity at the University of Illinois Urbana Champaign. ITAC still hosts alumni gatherings at the House including Homecoming and Founders' Day as well as encouraging alumni engagement and participation in the program services of the undergrads and Triangle national organizations. Bi-weekly conference calls are held by ITAC TBHC the undergrads and the Foundation to properly maintain the house and guide the undergrads.”

“| Explanation:| Adjustments - this consists of adjustments related to the transfer of the house to TIH and assets to THBC specifically: Mutual funds - $110,223; Book Value of house - $451,659; Accounts Receivable $23,082; Other Construction In Progress costs $4,887”