Spin label hyperfine splittings in mixtures of protic and aprotic solvents are used to obtain association constants K(A,h) for hydrogen bonding to oxazolidine nitroxides. With the Onsager approach to account for the variation in local dielectric constant, these results are used to determine the effective penetration profile of water into fluid phospholipid membranes, from recent electron paramagnetic resonance (EPR) studies on phospholipids spin-labelled systematically down the sn-2 chain. Water penetration is appreciable, depends on chain unsaturation, and is strongly affected by cholesterol.