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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PROVIDE SUMMER INTERNSHIPS IN THE MUNICIPAL BOND INDUSTRY TO NEW YORK CITY HIGH SCHOOL SENIORS. THROUGH THE URBAN LEADERSHIP FELLOWS(ULF) PROGRAM, THE STUDENTS RECEIVE WORK EXPERIENCE AND EXPOSURE TO THE MUNICIPAL BOND INDUSTRY AS WELL AS WORKSHOPS ON COLLEGE PREPARATION, NUMERICAL ANALYSIS AND EFFECTIVE BUSINESS WRITING. THE STUDENTS RECEIVE A STIPEND FOR THEIR WORK AS WELL AS A BOOK AWARD TO ASSIST WITH THEIR COLLEGE EXPENSES. AFTER EVERY COLLEGE ACADEMIC YEAR, ULF ALUMNI ARE ELIGIBLE FOR SCHOLARSHIPS BASED ON MINUMUM GPA REQUIREMENTS. ALSO, THE MFYEF MAKES A COMMUNITY SERVICE AWARD TO A STUDENT WHO DEMONSTRATES COMMENDABLE SERVICE TO THEIR ENVIRONMENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS REVIEWED BY THE TREASURER AND DISSEMINATED TO ALL BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 IS AVAILABLE FOR REVIEW AT GUIDESTAR.ORG</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CERTIFICATE OF INCORPORATION IS AVAILABLE FROM THE NEW YORK SECRETARY OF STATE. FORM 990 AND THE IRS DETERMINATION LETTER ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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        <MethodOfAmountDeterminationTxt>CASH RECEIVED ON BEHALF</MethodOfAmountDeterminationTxt>
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</Return>