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        <ExplanationTxt>THE DAY-TO-DAY AFFAIRS OF THE ORGANIZATION ARE CONDUCTED BY A MANAGEMENT COMPANY, VENN STRATEGIES. THE COMPENSATION PAID TO THIS MANAGEMENT COMPANY IS DISCLOSED ON FORM 990, PART VII, SECTION B.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>IN 2015, THE BYLAWS WERE AMENDED TO: (I) PROVIDE FOR THE OFFICE OF CHAIR ELECT TO SERVE FOR ONE YEAR, PRIOR TO BEING ELECTED CHAIR OF THE BOARD OF DIRECTORS, AND TO PARTICIPATE IN THE WORK OF THE CHAIR OF THE BOARD OF DIRECTORS; AND (II) PROVIDE THAT A CHAIR OF THE BOARD MAY SERVE FOR ADDITIONAL ONE YEAR TERMS FOLLOWING AN INITIAL TWO YEAR TERM.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>ESCA HAS TWO CLASSES OF MEMBERS: "REGULAR MEMBERS" OF THE CORPORATION ARE CORPORATIONS THAT HAVE OR INTEND TO ADOPT EMPLOYEE STOCK OWNERSHIP PLANS THAT HAVE FILED OR MAY FILE AN ELECTION TO BE TAXED UNDER SUBCHAPTER S OF THE INTERNAL REVENUE CODE OF 1986, OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAWS. "ELECTING MEMBERS" OF THE CORPORATION ARE REGULAR MEMBERS WHO MEET CERTAIN ADDITIONAL CRITERIA ADOPTED BY THE BOARD OF DIRECTORS, INCLUDING SPECIFIED HIGHER ANNUAL DUES TO THE CORPORATION AND WHO ARE APPROVED AS ELECTING MEMBERS BY A MAJORITY OF THE BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ESCA BOARD OF DIRECTORS IS ELECTED BY ELECTING MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ONLY COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DID NOT MEET DURING TAX YEAR 2015.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DRAFT 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE DRAFT 990 WAS THEN SENT TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENTS AND QUESTIONS. A COPY OF THE FINAL 990 WAS SENT TO THE ENTIRE BOARD BEFORE IT WAS FILED WITH IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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</Return>