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      <OtherSecuritiesGrp>
        <Desc>MIAMI UNIVERSITY FOUNDATION</Desc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART V, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>INVESTMENT EARNINGS ARE PERIODICALLY TRANSFERRED TO MIAMI UNIVERSITY TO FURTHER ITS EDUCATIONAL AND RESEARCH ACTIVITIES. THESE FUNDS ARE USED FOR SCHOLARSHIPS FOR PAPER ENGINEERING STUDENTS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 1, PART I, LINE 2</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DRAFT VERSION OF THE FORM 990 WAS REVIEWED AND ENDORSED BY THE EXECUTIVE COMMITTEE. THE FULL BOARD WAS INFORMED THAT THE EXECUTIVE COMMITTEE REVIEWED AND ENDORSED THE FORM 990.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVED COMMITTEE IS REPONSIBLE FOR ENFORCING THE CONFLICT OF INTEREST POLICY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>FINANCIAL STATEMENTS AND OTHER GOVERNING DOCUMENTS ARE PUBLISHED AND AVAILABLE UPON REQUEST.</ExplanationTxt>
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</Return>