Research Foundation Post-Retirement Benefits Plan

“A complete copy of the organization's final form 990 (including all required schedules), as ultimately filed with the irs, was provided to the veba trustee and to the audit committee of the research foundation for the state university of new york's board of directors before its filing with the irs. All relevant filing documents are available to the general public upon request.”

“The Research Foundation of State University of New York Post-Retirement Benefits Plan Trust (the "VEBA Trust") does not have any employees, does not have its own officers or directors aside from an institutional trustee and the Research Foundation for the State University of New York ("the Research Foundation") as its sponsoring organization. Therefore the VEBA Trust does not have a written conflict of interest policy, a whistleblower policy, or a document retention and destruction policy. The VEBA Trust documents are retained by the Research Foundation and that organization does have a written document retention and destruction policy. Furthermore, the Research Foundation has a conflict of interest and a whistleblower policy. There are no individuals employed and/or compensated by the VEBA Trust.”

“The Research Foundation, as the trust's sponsoring organization, has the ability to remove or replace the Trustee and it is the Finance Committee of the Research Foundation's Board of Directors that approves decisions relative to the trust's assets.”

“While the Trust did not have unrelated business gross income of $1,000 or more, it does file Form 990-T in order to file Form 8865 and Form 926 as attachments. Those Forms are required due to investment transactions with a foreign partnership and with foreign corporations.”