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      <OtherLiabilities>
        <Description>LONG TERM WORKERS COMPENSATION</Description>
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      <OtherLiabilities>
        <Description>POST RETIREMENT BENEFITS</Description>
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      <OtherLiabilities>
        <Description>ENVIRONMENTAL LIABILITIES</Description>
        <Amount>586614</Amount>
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      <OtherLiabilities>
        <Description>CAFETERIA IMPROVEMENTS</Description>
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      <OtherLiabilities>
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      <OtherLiabilities>
        <Description>INTEREST RATE SWAPS</Description>
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        <Explanation>APPOINTMENT TO AN ENDOWED CHAIR REWARDS A SCIENTIST'S PROFESSIONAL CONTRIBUTIONS, RECOGNIZES THE VALUE OF HIS OR HER RESEARCH ENDEAVORS AND SAFEGUARDS THE FUNDING NEEDED TO CONTINUE THESE PIONEERING INQUIRIES. THOSE WHO SUPPORT A CHAIR ENDOWMENT BECOME VITAL PARTNERS IN OUR SCIENTIST GROUNDBREAKING, LIFESAVING DISCOVERIES. ENDOWING AND NAMING A CHAIR PROVIDES THE OPPORTUNITY TO HONOR A LOVED ONE WITH A MEMORIAL THAT WILL LAST FOR MANY, MANY YEARS. ENDOWED CHAIRS PROVIDE A STEADY AND PREDICTABLE FLOW OF FUNDS IN PERPETUITY, ALLOWING THE INSTITUTIONS TO STRENGTHEN THE QUALITY OF ITS PROGRAMS AND SERVICES BEYOND LEVELS THAT OTHER FUNDING SOURCES ALONE COULD SUPPORT. BOARD DESIGNATED FUNDS GIVE THE INSTITUTE FOR CANCER RESEARCH THE FLEXIBLE FUNDING TO INITIATE NEW RESEARCH PROGRAMS FOR THE PREVENTION, DETECTION, AND TREATMENT OF CANCER. THE FUNDS ASSIST PATIENTS AND THEIR FAMILIES RECEIVE THE BEST SUPPORT AND PROVIDE IMPORTANT SERVICES TO THE COMMUNITY.</Explanation>
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      <SeverancePayment>true</SeverancePayment>
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        <NamePerson>WILLIAM S MASON PhD</NamePerson>
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        <NamePerson>RICHARD R HARDY PhD</NamePerson>
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        <NamePerson>HEINRICH RODER PhD</NamePerson>
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        <NamePerson>ANNA M SKALKA PHD</NamePerson>
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    <IRS990ScheduleL documentId="IRS990ScheduleL">
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        <NameOfInterestedPerson>
          <NamePerson>PETER MCCAUSLAND - AIRGAS</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD OF DIRECTOR</Relationship>
        <AmountOfTransaction>106390</AmountOfTransaction>
        <DescriptionOfTransaction>SEE PART V</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartV>
        <Identifier>FORM 990, SCHEDULE L, PART IV</Identifier>
        <Explanation>THE INSTITUTE FOR CANCER RESEARCH CONDUCTS BUSINESS WITH AIRGAS ON A ROUTINE BASIS. AIRGAS IS A DISTRIBUTOR OF SPECIALIZED GASES. PETER MCCAUSLAND IS THE CEO AND A MAJOR SHAREHOLDER OF AIRGAS AND A MEMBER OF OUR BOARD OF DIRECTORS. THE TOTAL EXPENSES INCURRED DURING FY 2011 RELATED TO AIRGAS WERE $106,390.</Explanation>
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    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>FORM 990 PART I, LINE 8</Identifier>
        <Explanation>CONTRIBUTIONS REPORTED IN PART I, LINE 8 ARE ALLOCATED TO FOX CHASE CANCER CENTER, A RELATED ORGANIZATION, AND ARE INCLUDED ON FORM 990, SCHEDULE B, LIST OF CONTRIBUTORS. FORM 990 PART VI SECTION A LINE 3 MARK HERBERS, AN EMPLOYEE OF FTI CONSULTING, WAS IN THE CAPACITY OF INTERIM CHIEF FINANCIAL OFFICER DURING FISCAL YEAR 2011 FROM OCTOBER 2010 UNTIL APRIL 2011. FTI CONSULTING RECEIVED COMPENSATION IN CONNECTION WITH SERVICES PROVIDED BY MARK HERBERS TO THE ORGANIZATION, THE DETAILS OF WHICH ARE DISCLOSED IN SCHEDULE O. FORM 990 PART VI SECTION B LINE 11A THE FORM 990 IS PREPARED BY PWC AND REVIEWED BY SEVERAL MEMBERS OF THE FINANCE DEPARTMENT INCLUDING BOTH THE VICE PRESIDENT - FINANCE AND THE SR. VICE PRESIDENT - FINANCE CFO, MEMBERS OF THE SENIOR LEADERSHIP COMMITTEE AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 AT THEIR NEXT BOARD MEETING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990 PART VI SECTION B LINE 12C</Identifier>
        <Explanation>IN THE CASE OF POTENTIAL CONFLICT OF INTEREST OR COMMITMENT, THE PRESIDENT OF FCCC SHALL BE RESPONSIBLE FOR ADMINISTERING ALL MATTERS. ALL DISCLOSURES SHALL BE KEPT CONFIDENTIAL, IN A SEPARATE FILE UNDER THE CONTROL OF THE OFFICE OF THE PRESIDENT. THEY SHALL NOT BE MADE PART OF ANY PERSONNEL RECORD OR THE BASIS FOR ANY REVIEW OF THE PERFORMANCE OF THE INDIVIDUAL STAFF MEMBER. ACCESS TO THESE RECORD SHALL BE MADE AVAILABLE ONLY TO BOARD MEMBERS, THE PRESIDENT OR HIS DESIGNEE OR A PROPERLY AUTHORIZED GOVERNMENTAL BODY, ACTING UNDER STATUTORY OR REGULATORY AUTHORITY. RECORD WILL BE MAINTAINED FOR THREE YEARS UNLESS THE MATERIALS ARE SUBJECT TO GOVERNMENTAL ACTION. DISCLOSURES SHALL BE REQUIRED OF ALL STAFF AND BOARD MEMBERS AS FOLLOWS: BY BOARD MEMBERS: ALL BOARD MEMBERS OF FCCC SHALL BE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AT THE TIME OF APPOINTMENT, ANNUALLY AND WHENEVER A NEW POTENTIAL CONFLICT ARISES. BY EMPLOYEES: ALL SCIENTISTS, PHYSICIANS AND ADMINISTRATIVE EMPLOYEES AT THE MANAGEMENT LEVEL AND ABOVE OF FCCC SHALL BE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM AT THE TIME OF EMPLOYMENT, ANNUALLY AND WHENEVER A NEW POTENTIAL CONFLICT ARISES AND SUBMIT SUCH DISCLOSURE FORMS TO THE CHIEF ACADEMIC OFFICER OR HIS DESIGNEE. BY CONSULTANTS AND SUBCONTRACTORS: CONSULTANTS AND SUBCONTRACTORS SHALL CERTIFY TO FCCC THAT THEY ARE NOT IN A POSITION TO INFLUENCE CENTER BUSINESS, RESEARCH OR OTHER DECISIONS IN WAYS THAT COULD LEAD TO ANY FORM OF PERSONAL GAIN FROM THEM OR THEIR FAMILY OR GIVE IMPROPER ADVANTAGE TO OTHERS TO THE CENTER'S DETRIMENT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990 PART VI SECTION B LINE 15B</Identifier>
        <Explanation>THE ORGANIZATION'S COMPENSATION POLICY FOR THE POSITIONS OF CEO, EXECUTIVE DIRECTORS, SENIOR MANAGEMENT, OFFICERS AND OR KEY EMPLOYEES IS TO UTILIZE A NATIONAL SURVEY FACILITY FOR COMPENSATION INFORMATION. ANNUALLY, IT IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE AS WELL AS THE FULL BOARD FOR APPROVAL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990 PART VI SECTION C LINE 19</Identifier>
        <Explanation>THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC WHEN REQUESTED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VII</Identifier>
        <Explanation>CERTAIN OFFICERS AND KEY EMPLOYEES OF FOX CHASE CANCER CENTER AND AFFILIATES ALSO DEVOTE SIGNIFICANT TIME EACH WEEK TO OTHER RELATED ORGANIZATIONS AS FOLLOWS: Michael V. Seiden, MD, Ph.D. - 25 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 10 hours to Health Services of Fox Chase Cancer Center - 10 hours to Institute For Cancer Research - 5 hours to Fox Chase Network Paul Engstrom, MD - 20 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 10 hours to Health Services of Fox Chase Cancer Center - 5 hours to Institute For Cancer Research - 15 hours to Fox Chase Network Thomas S. Albanesi, Jr. - 20 hours to Fox Chase Cancer Center - 15 hours to American Oncologic Hospital - 15 hours to Health Services of Fox Chase Cancer Center - 5 hours to Institute For Cancer Research - 5 hours to FCCC Select J. Robert Beck, MD - 25 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 10 hours to Health Services of Fox Chase Cancer Center - 10 hours to Institute For Cancer Research - 5 hours to Fox Chase Network Jonathan Chernoff, MD, Ph.D. - 25 hours to Fox Chase Cancer Center - 5 hours to American Oncologic Hospital - 5 hours to Health Services of Fox Chase Cancer Center - 25 hours to Institute For Cancer Research Susan H. Tofani - 10 hours to Fox Chase Cancer Center - 15 hours to American Oncologic Hospital - 15 hours to Health Services of Fox Chase Cancer Center - 5 hours to Institute For Cancer Research - 15 hours to Fox Chase Network Gary J. Weyhmuller - 20 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 5 hours to Health Services of Fox Chase Cancer Center - 15 hours to Institute For Cancer Research - 5 hours to Fox Chase Network - 5 hours to FCCC Select Robert Wilkens - 25 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 5 hours to Health Services of Fox Chase Cancer Center - 10 hours to Institute For Cancer Research Joseph Hediger - 10 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 10 hours to Health Services of Fox Chase Cancer Center - 10 hours to Institute For Cancer Research - 5 hours to Fox Chase Network Mark Herbers - 20 hours to Fox Chase Cancer Center - 10 hours to American Oncologic Hospital - 10 hours to Health Services of Fox Chase Cancer Center - 10 hours to Institute For Cancer Research Anna Marie Skalka, Ph.D. - 25 hours to Institute for Cancer Research - 25 hours to Fox Chase Cancer Center Erica A. Golemis, Ph.D. - 25 hours to Institute for Cancer Research - 25 hours to Fox Chase Cancer Center Jeffrey Boyd, Ph.D. - 25 hours to Institute for Cancer Research - 25 hours to Fox Chase Cancer Center FORM 990, PART VII MARK HERBERS WAS IN THE CAPACITY OF INTERIM CFO DURING FISCAL 2011 WHILE EMPLOYED BY FTI CONSULTING. INDIVIDUAL COMPENSATION IS NOT AVAILABLE FROM FTI. IN CONNECTION WITH SERVICES PROVIDED BY MARK HERBERS TO THE ORGANIZATION FTI WAS PAID $393,139 BY FOX CHASE CANCER CENTER, AN AFFILIATE OF THE INSTITUTE FOR CANCER RESEARCH.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART XI</Identifier>
        <Explanation>TRANSFERS TO AFFILIATES 1,582,237 UNREALIZED GAINS 141,888 INCREASE IN POST RETIREMENT BENEFITS (24,449) ___________ TOTAL 1,699,676</Explanation>
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