In previous studies, we have shown that molecular umbrellas can transport small polar molecules such as glutathione across fluid liposomal membranes.28 Although the precise mechanism of this transport remains to be established, we have postulated one in which the umbrella first approaches a lipid bilayer in a fully exposed conformation (structure A in Scheme 2).25 Hydrophobic interactions with the membrane interior then leads to an adsorbed state in which the hydrophilic faces are in contact with the polar head group region and the hydrophobic faces are in intimate contact with the hydrocarbon region of the lipid bilayer (structure B). Subsequent absorption into the interior of the membrane, being driven by hydrophobic forces, then affords structure C. Translocation to the adjoining leaflet, 180° rotation and reversal of steps B and A (not shown) then releases the conjugate from the other side of the membrane. In essence, we have postulated that the molecular umbrella masks the hydrophilicity of the polar agent as it crosses the hydrocarbon core of the bilayer. Also shown in Scheme 2 are three additional membrane-bound states that are possible. Here, D is analogous to C, except that the molecular umbrella has an inverted orientation, where the scaffold is in intimate contact with the aqueous phase. Structure E is similar to that of D, except that the ligand is now fully immersed in the aqueous phase. Finally, F depicts a state in which the molecular umbrella occupies an intermediate depth within a thinned region of the bilayer. Of these possibilities, only C, D and F represent shielded states of the type that is indicated in Scheme 1, and A and E represent exposed states. The “flattened” structure that is shown as B can viewed as a “hybrid” state, where the pendant ligand if fully exposed to the aqueous phase, but is shielded from neighboring lipids by the amphiphilic walls that are attached to it.