Hudson East River Systems LLC

“Finance coordinated and completed all of the information required for Form 990, accessing various resources including, legal, human resources, development, and other departments as needed. Senior Finance executives complete a review of the return in conjunction with, Ernst & Young U.S. LLP, paid preparer, prior to submission to the Chairman or his/her designee of the NYPH Audit and Corporate Compliance Committee of the Board. THE CHAIRMAN or his/her designee CONDUCTS A DETAILED REVIEW. A copy of the 990 is sent to the Committee for review and approval at the audit and corporate compliance committee meeting preceding the filing. The Audit and Corporate Compliance Committee recommends to the Executive Committee and/or the Full Board of Trustees for their approval. A copy of the Form 990 was made available to the governing body preceding the filing. Hudson east river systems, llc files the 990 upon final approval.”

“Hudson east river systems, llc. a related organization of the new york and presbyterian hospital, adheres to a conflict of interest (COI) policy that has been adapted by the the board of NYP Fund Inc. (managing Member) The policy states in part: "Each Board Member, Officer or Key Person of the New York and Presbyterian Organization shall complete a conflict of interest questionnaire prior to becoming a Board Member, Officer or Key Person of the New York and Presbyterian Organization and annually thereafter." The policy also states that "each Board Member, Officer, or Key Person shall promptly advise the Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, of any changes to the information provided in that individual's last completed conflict of interest questionnaire." The Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, shall review all completed questionnaires and all subsequent advice of changes and shall take such action as is deemed appropriate to eliminate potentials for conflicts of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. All disclosures of interests in completed questionnaires or subsequent advice, unless clearly irrelevant or immaterial, shall be compiled and reported by management to the Audit and Corporate Compliance Committee of the Board of the New York and Presbyterian Hospital, together, in each case, with response or recommendation of management. The Audit and Corporate Compliance Committee shall determine whether the reported resolution of issues raised by the disclosures is satisfactory and, if not, shall require such further action as it deems appropriate.”

“Hudson East River Systems, LLC has no employees. Certain individuals identified herein as officers of the LLC are employed and compensated by a related organization, The New York and Presbyterian Hospital (the "Hospital"). These individuals perform services for the Corporation, and in some cases other related organizations, by arrangement between the Hospital and such organization(s). As set forth in Schedule R, the LLC and the hospital are related organizations. The organizations Officers have no influence over the compensation process performed by the related organization.”

“External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate.”

“Hudson East River System LLC does not have a board of directors. The term governing body for this 990 refers to the managing member NewYork-Presbyterian Fund Inc. Part VI, Section A, Line 6, 7A & 7B: Hudson East Rivers System LLC is a tax exempt, 501(c)(3)organization whose members are limited to non-profit organizations that have been recognized as tax-exempt by the internal revenue service under section 501(c)(3)of the internal revenue code of 1986, as amended (the "code,such organizations, "section 501(c)(3)organizations"). NewYork-Presbyterian Fund Inc., a tax exempt, 501(c)(3) organization is the managing member of Hudson East River System LLC.”

“Change in fair value of alternative investments & commingled trusts 3,365,427. Change in investment interest 59,226,497. Total changes 62,591,924”

“Description:investment management fees total fees:5520611”