Reactions of 2,5-Bn2 C70 (Bn=CH2 Ph) with hydroxide and ArCN (Ar=Ph, m-ClPh) followed by quenching with I2 and BnBr afforded dibenzylated and tetrabenzylated oxazolino[70]fullerenes, respectively. The latter has a novel structural configuration, in which the addends are positioned from the polar to the transequatorial region. A key structural feature of this compound is that the oxygen atom of the oxazoline ring is bound to the equatorial belt region of C70 , giving structural change in its reduced state. This enables stabilization of the reduced state, suppressing charge recombination dynamics in organic solar cells to give a high open-circuit voltage (0.85, 0.93, and 1.11 V in devices using P3HT, PTB7, and DPP(TBFu)2 , respectively).