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        <ValuationMethodUsedDesc>BOOK</ValuationMethodUsedDesc>
        <PurposeOfGrantTxt>TO SUPPORT VERTICAL FLIGHT EDUCATION</PurposeOfGrantTxt>
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        <ExplanationTxt>THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. A COPY OF THE RETURN IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH DIRECTOR, OFFICER, AND EXECUTIVE EMPLOYEE MUST ANNUALLY AFFIRM THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD IT, AND AGREES TO COMPLY. A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS FURNISHED ANNUALLY TO EACH DIRECTOR, OFFICER AND EXECUTIVE EMPLOYEE, AND EVERY NEW DIRECTOR, OFFICER AND EXECUTIVE EMPLOYEE IS ADVISED OF THE POLICY UPON ASSUMING HIS OR HER DUTIES.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>TRANSFER FROM AFFILIATE 11,082.</ExplanationTxt>
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      <IdRelatedTaxExemptOrgGrp>
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      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
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          <BusinessNameLine1Txt>AMERICAN HELICOPTER SOCIETY INTERNATIONAL INC</BusinessNameLine1Txt>
        </OtherOrganizationName>
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</Return>