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        <NamePerson>DAVID GAUTSCHI</NamePerson>
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        <NamePerson>CURTIS POWELL</NamePerson>
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        <TotalCompensationFilingOrg>338848</TotalCompensationFilingOrg>
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        <NamePerson>CLAUDE ROUNDS</NamePerson>
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        <OtherCompensationFilingOrg>8107</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>16036</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>14144</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>275869</TotalCompensationFilingOrg>
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        <NamePerson>CHARLES CARLETTA</NamePerson>
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        <OtherCompensationFilingOrg>12415</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>17569</DeferredCompFilingOrg>
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        <NamePerson>ADEWALE ADEOSUN</NamePerson>
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        <BonusFilingOrg>181000</BonusFilingOrg>
        <OtherCompensationFilingOrg>990</OtherCompensationFilingOrg>
        <DeferredCompFilingOrg>18400</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>14144</NontaxableBenefitsFilingOrg>
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        <Identifier>Sch J, Part III, Additional Information</Identifier>
        <ReturnReference>Part III, Additional Information</ReturnReference>
        <Explanation>Part 1, line 4a-Severance payments in the amount of $22,500 were provided to Robert Schlesinger, Vice President for Institute Advancement.Part 1, line 4b-Rensselaer has established a nonqualified deferred compensation plan under section 457(f) of the Internal Revenue Code for the purpose of retaining Rensselaer's President. The terms and conditions include a substantial risk of forfeiture should the current President separate prior to her agreed upon date of separation.</Explanation>
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      <Form990ScheduleJPartIII>
        <Identifier>Sch J, Part I, Line 7</Identifier>
        <ReturnReference>Part I, Line 7: Non-Fixed payments not listed above</ReturnReference>
        <Explanation>Performance bonuses that are provided to Rensselaer's President are awarded on a discretionary basis based on the accomplishments toward key initiatives of the Rensselaer Plan.The Chief Investment Officer received incentive based bonus on investment performance measured against benchmarks established by the Investment Committee of the Board of Trustees and in accordance with a written compensation agreement.</Explanation>
      </Form990ScheduleJPartIII>
      <Form990ScheduleJPartIII>
        <Identifier>Sch J, Part I, Line 1a</Identifier>
        <ReturnReference>Part I, Line 1a: Relevant information in regards to selections on 1a.</ReturnReference>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
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      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>City of Troy Capital Resource Corporation</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>272027427</IssuerEIN>
        <CUSIPNumber>897579AB4</CUSIPNumber>
        <DateIssued>2010-06-04</DateIssued>
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      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>City of Troy Capital Resource Corporation</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>272027427</IssuerEIN>
        <CUSIPNumber>897579AA6</CUSIPNumber>
        <DateIssued>2010-04-20</DateIssued>
        <IssuePrice>357084114</IssuePrice>
        <DescriptionOfPurpose>REFI SERIES 2002 B,C &amp; D</DescriptionOfPurpose>
        <Defeased>false</Defeased>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CX5</CUSIPNumber>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CW7</CUSIPNumber>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CV9</CUSIPNumber>
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      <Form990ScheduleKPartII>
        <TotalProceeds>357084114</TotalProceeds>
        <AmountDefeased>354432000</AmountDefeased>
        <AmountUnspent>65649</AmountUnspent>
        <IssuanceCostsFromProceeds>2586466</IssuanceCostsFromProceeds>
        <CurrentRefunding>true</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>false</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
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        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>true</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>true</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>true</BondCounselRoutinelyEngaged>
        <PrcntgePrvtBusinessUseByOthers>0.00830</PrcntgePrvtBusinessUseByOthers>
        <PostIssuanceComplianceProcdrs>true</PostIssuanceComplianceProcdrs>
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      <Form990ScheduleKPartIV>
        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </NameOfHedgeProvider>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <NameOfGICProvider>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </NameOfGICProvider>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>true</ExceptionToRebate>
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    </IRS990ScheduleK>
    <IRS990ScheduleK documentId="IRS990ScheduleK.2" softwareId="09000047" softwareVersion="2009v1.7">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CU1</CUSIPNumber>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartI>
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          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CT4</CUSIPNumber>
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      <Form990ScheduleKPartI>
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          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
        <CUSIPNumber>759921CS6</CUSIPNumber>
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      <Form990ScheduleKPartI>
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          <BusinessNameLine1>Rensselaer County Industrial Development Agency</BusinessNameLine1>
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        <IssuerEIN>141614433</IssuerEIN>
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        <DateIssued>2006-06-15</DateIssued>
        <IssuePrice>63996302</IssuePrice>
        <DescriptionOfPurpose>Buildings, structures and equipment</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
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        <IssuanceCostsFromProceeds>1270962</IssuanceCostsFromProceeds>
        <CapitalExpenditures>62532724</CapitalExpenditures>
        <CurrentRefunding>false</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
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        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>false</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>true</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>true</BondCounselRoutinelyEngaged>
        <PostIssuanceComplianceProcdrs>true</PostIssuanceComplianceProcdrs>
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        <Form8038TFiled>false</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>false</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </NameOfHedgeProvider>
        <GrossProceedsInvestedInGIC>true</GrossProceedsInvestedInGIC>
        <NameOfGICProvider>
          <BusinessNameLine1>JP MORGAN CHASE BANK NA</BusinessNameLine1>
        </NameOfGICProvider>
        <RegulatorySafeHarborSatisfied>true</RegulatorySafeHarborSatisfied>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>true</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="IRS990ScheduleL" softwareId="09000047" softwareVersion="2009v1.7">
      <Form990ScheduleLPartIII>
        <TypeOfAssistance>Discount Tuition $19,050</TypeOfAssistance>
      </Form990ScheduleLPartIII>
      <Form990ScheduleLPartIV>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <DescriptionOfTransaction>Service</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <DescriptionOfTransaction>Research Networking</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>John Kolb</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>NYSERNet Bdmem</Relationship>
        <AmountOfTransaction>266846</AmountOfTransaction>
        <DescriptionOfTransaction>Commodity Internet &amp;</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Alisha Tyson</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Daug VP Knowles</Relationship>
        <AmountOfTransaction>71559</AmountOfTransaction>
        <DescriptionOfTransaction>Employee Compensation</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Morris Washington</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Spouse of Pres</Relationship>
        <AmountOfTransaction>170631</AmountOfTransaction>
        <DescriptionOfTransaction>Employee Compensation</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
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    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="IRS990ScheduleM" softwareId="09000047" softwareVersion="2009v1.7">
      <SecuritiesPubliclyTraded>
        <NumberOfContributions>117</NumberOfContributions>
        <NoncashContribsRptdF990>2676101</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
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      <RealEstateResidential>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>950000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
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      <OtherNonCashContributionsTable>
        <Description>EQUIPMENT</Description>
        <NumberOfContributions>4</NumberOfContributions>
        <NoncashContribsRptdF990>272400</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
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    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="09000047" softwareVersion="2009v1.7">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>The Conflict of Interest policy is available via Rensselaer's website. The disclosure of governing documents and financial statements are made available to the public upon request.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>15(a &amp; b) Rensselaer uses the following to establish the compensation of CEO/Executive Directors Officers and Key Employees: Compensation committee, Independent compensation consultant, Form 990 of other organizations, Compensation survey or study and Approval by the board or compensation committee.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>Rensselaer conducts an annual survey of all faculty and staff to elicit any Conflict of Interest or commitments. Once the survey is completed, a review of potential conflicts of interest and commitments are reviewed by an Institute-wide committee. If a conflict of interest or commitment is determined, the conflict of interest or commitment is either managed or eliminated.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Form 990 is provided to the Board of Trustees prior to filing via a secure website.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part III, Line 4d</Identifier>
        <ReturnReference>Form 990, Part III, Line 4d : Other Program Services Description</ReturnReference>
        <Explanation>OTHER PROGRAM SERVICES 4: AUXILIARYNumber of housing units available: dorm rooms 2,626 single apts 757 married apts 93Number of students on siz. meals: 2,712 OTHER PROGRAM SERVICES 5: Other Program Services include activities that further Rensselaer's exempt purpose.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR" softwareId="09000047" softwareVersion="2009v1.7">
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          <BusinessNameLine1>RENSSELAER HARTFORD GRADUATE CENTER INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>275 WINDSOR STREET</AddressLine1>
          <City>HARTFORD</City>
          <State>CT</State>
          <ZIPCode>06120</ZIPCode>
        </AddressUS>
        <EIN>060766747</EIN>
        <PrimaryActivities>GRADUATE INSTRUCTION</PrimaryActivities>
        <LegalDomicileState>CT</LegalDomicileState>
        <ExemptCodeSection>501(c)(3)</ExemptCodeSection>
        <PublicCharityStatus>170-b(1)(A)ii</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>true</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>RENSSELAER HARTFORD GRADUATE CENTER INC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>p</TransactionType>
        <AmountInvolved>19290777</AmountInvolved>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
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</Return>