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          <NamePerson>Peter McCausland - Airgas</NamePerson>
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        <Relationship>Board of Director</Relationship>
        <AmountOfTransaction>19823</AmountOfTransaction>
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      <GeneralExplanation>
        <Identifier>990 III</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>In May 2009, Fox Chase launched the Institute for Personalized Medicine, a program aimed at matching emerging targeted drug therapies to the unique genetic profiles of individual patient tumors. Its first ambitious projects focus on understanding the biology of rate types of sarcoma and ovarian cancer. The Institute builds on Fox Chases already substantial annotated Biosample Repository and Tumor Bank to add new layers of knowledge about the genetic information in individual patient tumors.</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990 III</Identifier>
        <ReturnReference>3</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 III</Identifier>
        <ReturnReference>4d</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 V</Identifier>
        <ReturnReference>3a</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>2-7b</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>8</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>9b</ReturnReference>
        <Explanation>N/A</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>11a</ReturnReference>
        <Explanation>The Form 990 is prepared internally by management 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. They are also reviewed by the tax department of the organizations independent auditors.</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>12</ReturnReference>
        <Explanation>The organization completed an annual independent audit, but at this time final audit reports have not been issued. The delay is due the organization not meeting financial debt covenants. The organization has engaged a financial consultant team to negotiate terms and conditions that will enable the financial covenants to be met going forward. A letter of forbearance is being requested from the debt holders so final audit statements can be issued.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <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 records 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. Records 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</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>12c</ReturnReference>
        <Explanation>By Board Members - All 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 scientist, 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/her designee. By Consultants and Subcontractors - Consultants and Subcontractors shall certify to FCCC that they are not in a position to influence Center buisiness, 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 Centers detriment.</Explanation>
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      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>15b</ReturnReference>
        <Explanation>The Organizations 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. It is reviewed by the organizations compensation committee as well as the Board for approval.</Explanation>
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        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>19</ReturnReference>
        <Explanation>The organizations governing documents, conflict of interest policy, and financial statements are made available to the public when requested.</Explanation>
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        <Identifier>Schedule K</Identifier>
        <Explanation>The Bonds were issued by the Fox Chase Cancer Center, Institute for Cancer Research and American Oncologic Hospital via Master Trust Indentures. Under the terms of the indentures, the bonds are joint and several liabilities of Fox Chase Cancer Center, Institute for Cancer Research and American Oncologic Hospital and may issue additional debt based upon compliance with the terms and conditions prescribed in the Master Indenture.</Explanation>
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          <BusinessNameLine1>Institute for Cancer Research</BusinessNameLine1>
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