The Dorsey & Whitney Foundation

“The Foundation's directors do not have a business relationship as defined in the instructions, but all are partners of Dorsey & Whitney LLP.”

“The members of the Foundation are the voting members, from time to time, of the Policy Committee of Dorsey & Whitney LLP.”

“The members of the Foundation are the voting members, from time to time, of the Policy Committee of Dorsey & Whitney LLP. Such members elect, and may remove without cause, the directors of the Foundation.”

“The approval of the members is required for amendments to the Foundation's Articles of Incorporation and Bylaws, as well as the merger, consolidation, transfer of substantially all of the assets, or dissolution of the Foundation.”

“11B - The Foundation's Form 990 initially is prepared by Dorsey & Whitney LLP's Assistant Controller and then is reviewed by legal counsel to the Foundation and by the Chair of the Board of Directors. After any needed changes are made, the completed Form 990 is returned to the Chair for further review. After any additional required changes are made and reviewed, the completed 990 is provided to each director. The final Form 990 is then signed by the Foundation's Chair.”

“Form 990, Part VI, Section B, Lines 12B, 12C, 15A AND 15B: The Foundation does not engage in transactions with its officers and directors, who are not compensated by the Foundation, and the Foundation has no employees.”

“The Foundation's governing documents, conflicts of interest policy, and financial statements are made available to the public at the times and in the manner prescribed by section 6104(d) of the Internal Revenue Code.”

“Rounding -1.”