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          <State>RESTRICTED</State>
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        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MAC FOUNDATION SCHOLARSHIPS HAVE BEEN ESTABLISHED TO ASSIST BLACK, REFUGEE, AND IMMIGRANT HIGH SCHOOL SENIORS AND COLLEGE STUDENTS STUDYING ACCOUNTING, FINANCE, LAW, AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS). WE ARE PLEASED TO ANNOUNCE THE MAC FOUNDATION SCHOLARSHIP APPLICATION IS OPEN TO APPLICANTS. WE RECOGNIZE THE FINANCIAL PRESSURE THAT STUDENTS FREQUENTLY EXPERIENCE, AND OUR SCHOLARSHIPS PROGRAM AIMS TO EASE SOME OF THAT BURDEN. OUR SCHOLARSHIPS ARE INTENDED TO HELP DESERVING STUDENTS WHO DEMONSTRATE A STRONG COMMITMENT TO THEIR STUDIES AND A PASSION FOR THEIR CHOSEN DISCIPLINES. WE PROVIDE $1,000 ONE-TIME SCHOLARSHIPS THAT CAN BE UTILIZED FOR TUITION AND BOOKS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DRAFT COPY OF THE 990 INFORMATION RETURN IS DELIVERED VIA EMAIL TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY REVIEW THE POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>COPIES OF THE ORGANIZATION'S 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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        </OtherOrganizationName>
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