VC Medical Endowment Trust

“1) john g. Rocovich, jr. And elizabeth r. Cline are father and daughter and they practice law at the same firm, moss & rocovich, attorneys-at-law, p.c. 2) john g. Rocovich, jr., frederick p. Stratton, jr., david hottmann, and elizabeth r. Cline also serve together as directors of the harvey w. Peters research foundation ("hwprf"). Vcom, as a subsidiary of hwprf, is the settlor and beneficiary/supported organization of the trust.”

“All directors shall be appointed, from time to time, by the sole member, the harvey w. Peters research foundation.”

“The chairman of trustees reviewed the form 990 and provided questions and comments, as applicable, to the tax return preparer. Once all questions and changes are addressed, the chairman reviews the return prior to providing a final copy to the board for final review prior to the filing of the return.”

“The organization has a written policy on conflict of interest. Each officer and director annually signs a written statement to confirm compliance with the policy. The responses are then reviewed by john g. Rocovich, jr., to determine if conflicts exist, and how to handle any conflicts. In the event of a conflict, john g. Rocovich, jr. Determines the appropriate action. Generally this includes recusal of the conflicted individual from board discussion, voting on the applicable topic and from involvement on related business decisions.”

“Requests will be evaluated by the board of directors of vc medical endowment trust. Requests for a valid business purpose are generally honored. Most financial information is available in form 990.”

“ROUNDING 1.”

“The exclusive purposes of this trust are educational and charitable. The trust is formed as a supporting organization under section 509(a)(3) to support the exempt purposes of its beneficiary, edward via virginia college of osteopathic medicine ("vcom"). This includes providing distributions for vcom's exempt purposes to include the following: research, student scholarships, operating expenses, and non-recurring capital expenditures such as equipment, furniture, fixtures, and leasehold improvements approved by the governing body of vcom, and the leasing, acquisition, maintenance and improvement of real estate used by vcom. In addition, the trust may assist vcom in raising funds through donations from various sources, including but not limited to mail solicitations, e-mail solicitations, phone solicitations, personal solicitations, foundation grant solicitations, and government grant solicitations. Such solicitation activities would be carried out by the trustees in a variety of jurisdictions, including but not limited to virginia, south carolina, alabama, and louisiana on a year-round basis. These activities will further the trust's exempt purpose, which is to support vcom, a public charity.”