Loma Linda University Workers

“The compensation shown on the return that is paid to bank of america, n.a., as institutional trustee, is not calculated based upon an hourly rate for time spent by the trustee; rather, bank of america's compens ation is calculated using a market value fee schedule. The trust offic er's time spent performing administrative responsibilities for this tr ust averages one hour per week. In addition, time is spent by other st aff members for recordkeeping, investment management, income”

“Collection, rendering statements and accountings, regulatory reporting, regulatory compliance, and tax services.”

“The decisions related to the exempt purpose of this trust are made by and documented by loma linda university. The corporate trustee receives and follows the written directions given by the authorized officers of loma linda university.”

“THERE ARE NO COMMITTEES.”

“This organization is formed as a trust under state law, and bank of america is the institutional trustee of this trust. The form 990 is prepared by bank of america tax professionals under the direct supervision of a corporate officer. Thus,the form 990 is reviewed prior to filing by an officer of the bank,which is the sole trustee of this trust.”

“Annual statement by all institutional trustee employees are signed and documented.”

“Not applicable - this trust has a corporate trustee.”

“Not applicable - this trust has a corporate trustee.”

“The trust, and the bank, as institutional trustee, makes its governance documents, conflicts of interest policy and financial statements available to the public as required by federal and state laws.”

“Net income adjustment 338; ctf timing adjustment 775; basis adjustment - sales (829); purchased accrued interest - 2023 542; purchased accrued interest - 2024 (1,676); net timing difference 152; total = (698)”