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        <ExplanationTxt>THE FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE DISTRICT OF COLUMBIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE FUND HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2024 AND 2023.</ExplanationTxt>
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        <ExplanationTxt>THE EXECUTIVE DIRECTOR OF CENTER FOR IMMIGRATION STUDIES (SUPPORTED ORGANIZATION) ALSO SERVES AS THE EXECUTIVE DIRECTOR OF IMMIGRATION RESEARCH FUND. THE POSITION IS REVIEWED BY THE BOARD IN EXECUTIVE SESSION AT THE FIRST MEETING OF THE YEAR. ANY CHANGE AUTHORIZED IS CONFIRMED BY EMAIL TO PERSONNEL.</ExplanationTxt>
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        <ExplanationTxt>THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR FIRST AND THEN A FINAL REVIEW IS DONE BY THE FINANCE COMMITTEE BEFORE IT IS FILED. AFTER THE RETURN HAS BEEN APPROVED BY THE FINANCE COMMITTEE, THE RETURN IS PROVIDED TO THE BOARD, AND THEN FILED.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>ALL EMPLOYEES AND BOARD MEMBERS ARE COVERED UNDER OUR CONFLICT OF INTEREST POLICY, WHICH IS REVIEWED IN OUR REGULAR BOARD MEETINGS. THE MEETINGS ARE HELD THREE TIMES A YEAR.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19 Required documents available to the public</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE BY PROVIDING COPIES UPON REQUEST.</ExplanationTxt>
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      <SupplementalInformationDetail>
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