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 <PersonNm>JEREMY BABENDURE</PersonNm>
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 <AccountActivitiesOutsideUSGrp>
 <RegionTxt>MEXICO</RegionTxt>
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 <FormAndLineReferenceDesc>PART III ACCOUNTING METHOD:</FormAndLineReferenceDesc>
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 <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
 <ExplanationTxt>THE FOUNDATION HAS ENTERED IN TO A TRADEMARK LICENSING AGREEMENT WITH THE KUWAIT FOUNDATION FOR THE ADVANCEMENT OF SCIENCE (KFAS) WHICH GRANTS KFAS THE RIGHT TO USE THE CSO NAME AND TRADEMARK IN A DEFINED TERRITORY, SUBJECT TO COMPLIANCE WITH SET REQUIREMENTS. THE FOUNDATION ALSO AGREED TO PROVIDE TRAINING, SUPPORT AND PROGRAM MATERIALS IN EXCHANGE FOR PAYMENT OVER A THREEYEAR TERM AS WELL AS REIMBURSEMENTS FOR EXPENSES. THE FOUNDATION IS NOT INVESTING IN OR MAKING ANY PAYMENTS TO THE KUWAIT FOUNDATION. THE ACTIVITIES COVERED BY THE AGREEMENT ARE SPECIFIED IN A MEMORANDUM OF UNDERSTANDING, AND THE KUWAIT FOUNDATION MUST ADHERE TO THE GUIDELINES REGARDING THE TRADEMARK AND THE PROGRAM AS SPECIFIED IN THE AGREEMENT.</ExplanationTxt>
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 <OrganizationBusinessName>
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 <AddressLine1Txt>1450 SHADOW HILL LANE</AddressLine1Txt>
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 <OrganizationBusinessName>
 <BusinessNameLine1Txt>MICHELE EDITS</BusinessNameLine1Txt>
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 <AddressLine1Txt>4428 E REDWOOD LN</AddressLine1Txt>
 <CityNm>PHOENIX</CityNm>
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 <ExplanationTxt>ARIZONA TECHNOLOGY COUNCIL FOUNDATION HAS NO EMPLOYEES. OPERATIONS ARE CONDUCTED BY EMPLOYEES OF THE ARIZONA TECHNOLOGY COUNCIL. EXPENSES ARE REIMBURSED ON A COST BASIS.</ExplanationTxt>
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 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
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 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
 <ExplanationTxt>THE MEMBER SHALL BE ENTITLED TO APPOINT THE BOARD OF DIRECTORS BY A WRITING DELIVERED TO THE SECRETARY OF THE FOUNDATION WITH SUCH SIGNED WRITINGS DELIVERED ON OR WITHIN TEN DAYS BEFORE THE ANNUAL MEETING OF DIRECTORS EACH YEAR WHERE AN ELECTION OF OFFICERS IS SCHEDULED TO OCCUR.</ExplanationTxt>
 </SupplementalInformationDetail>
 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7B</FormAndLineReferenceDesc>
 <ExplanationTxt>AFFIRMATIVE CONSENT OF THE MEMBER SHALL BE REQUIRED TO ADOPT OR APPROVE THE FOLLOWING ACTIONS: LIQUIDATION OR DISSOLUTION OF THE FOUNDATION; MERGER, CONSOLIDATION OR TRANSFER OF SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION AND REPEAL, MODIFICATION, AMENDMENT IN WHOLE OR IN PART OR ADDITION TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE FOUNDATION OR ADOPTION OF NEW ARTICLES OF INCORPORATION OR NEW BYLAWS.</ExplanationTxt>
 </SupplementalInformationDetail>
 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
 <ExplanationTxt>FORM 990 WILL BE REVIEWED BY THE PRESIDENT/CEO, BOARD TREASURER, BOARD MEMBERS, AND FINANCE DIRECTOR BEFORE FILING WITH THE IRS</ExplanationTxt>
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 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
 <ExplanationTxt>IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IF THE INTEREST PERSON IS AN OFFICER OR DIRECTOR OF THE FOUNDATION OR IS RELATED TO AN OFFICER OR DIRECTOR OF THE FOUNDATION SUCH DIRECTOR OR OFFICER SHALL ABSTAIN FROM VOTING ON ANY ASPECT OF THE TRANSACTION.</ExplanationTxt>
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 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
 <ExplanationTxt>MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS APPROVE THE CEO'S SALARY.</ExplanationTxt>
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 <SupplementalInformationDetail>
 <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
 <ExplanationTxt>BYLAWS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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 <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
 <ExplanationTxt>OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 122,757. MANAGEMENT AND GENERAL EXPENSES 11,254. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,011.</ExplanationTxt>
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