Louise F Seimer Charitable Trust

“Average hours per week devoted to position: The compensation shown on the return that is paid to Bank of America, N.A., as corporate trustee is not calculated based upon an hourly rate for time spent by the trustee; rather, Bank of America's compensation as corporate trustee is calculated using a market value fee schedule. The trust officer's time spent performing administrative responsibilities for this foundation averages one hour per week. In addition, time is”

“spent by other staff members for recordkeeping, investment management, income collection, rendering statements and accountings, regulatory reporting, regulatory compliance, and tax services.”

“When decisions are made, they are documented in the permanent record.”

“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 - trust has 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 (434); ctf timing adjustment 369; net rounding 3; total = (62)”