Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990 Page 7 Part VII Section A | Average hours per week - 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. |
| Form 990 Page 7 Part VII, Section A (cont) | In addition, time is spent by other staff members for record keeping, investment management, income collection, rendering statements, accounting, regulatory reporting, regulatory compliance, and tax services |
| EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a | WHEN DECISIONS ARE MADE, THEY ARE DOCUMENTED IN THE PERMANENT RECORD. |
| EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b | THERE ARE NO COMMITTEES |
| FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW | THIS ORGANIZATION IS FORMED AS A TRUST UNDER STATE LAW, AND BANK OF AMERICA IS THE INSTITUTIONAL TRUSTEE OF THE 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. |
| EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c | ANNUAL STATEMENT IS SIGNED AND DOCUMENTED BY ALL INSTITUTIONAL TRUST EMPLOYEES |
| FORM 990, PAGE 6, PART VI, LINE 15a | NOT APPLICABLE - TRUST HAS CORPORATE TRUSTEE |
| FORM 990, PAGE 6, PART VI, LINE 19 | 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. |
| EXPLANATION FOR FORM 990, PART XI, LINE 9 | NET INCOME ADJUSTMENT (29); CTF TIMING ADJUSTMENT 125; NET ROUNDING 3; TOTAL = 99 |
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