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      <InvestmentIncomeCYPct>0.13890</InvestmentIncomeCYPct>
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          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
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      <SupplementalInformationDetail>
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      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS IS PROVIDED TRAINING ON ALL ASSOCIATION POLICIES INCLUDING THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR IS REQUIRED TO DISCLOSE ANY CONFLICTS AS THEY ARISE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE AND IS MADE UP OF INDEPENDENT MEMBERS. THE EXECUTIVE COMMITTEE PERFORMS AN ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND RECOMMENDS ANY BONUSES AND ANNUAL COMPENSATION TO THE BOARD OF DIRECTORS FOR APPROVAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATIONS DOCUMENTS ARE AVAILABLE TO MEMBERS OF THE TEXAS HOTEL AND LODGING ASSOCIATION UPON REQUEST.</ExplanationTxt>
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</Return>