TONIKI FOUNDATION
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THE FOUNDATION WAS CREATED UNDER A TRUST AGREEMENT DATED DECEMBER 1, 1988 BETWEEN ANDREW A PONARAS AND ANNA C PONARAS, AS GRANTORS AND TRUSTEES. SECTION 3 OF THE TRUST AGREEEMENT STATES THAT THE FOUNDATION WILL REMAIN ACTIVE UNTIL ANTHONY A. PONARAS REACHES THE AGE OF 75 YEARS, OR UNTIL HIS DEATH, WHICHEVER EVENT OCCURS FIRST. ANTHONY A. PONARAS DIED SEPTEMBER 15, 2005 PRIOR TO ATTAINING AGE 75. THE REMAINING ASSETS OF THE FOUNDATION WERE DISTRIBUTED ACCORDING TO THE PLAN OF TERMINATION ADOPTED BY THE TRUSTEE ON DECEMBER 3, 2020 (SEE ATTACHED DOCUMENTS) IN ACCORDANCE WITH THE PLAN OF TERMINATION THE FOUNDATION MADE THE FOLLOWING DISTRIBUTIONS DURING THE YEAR AS PART OF THE COMPLETE TERMINATION OF THE FOUNDATION. THESE DISTRIBUTIONS CONSTITUTE FINAL DISTRIBUTIONS OF THE FOUNDATION'S ASSETS. RECIPIENTS NAME AND ADDRESS AND DATE ASSET DISTRIBUTED FMV ----------------------------- ------------------- --- WORLD VISION INC PO BOX 9716 MAIL STOP 353 FEDERAL WAY, WA 98063-9716 SEPTEMBER 25, 2020 CASH $359,853 OCTOBER 1, 2020 CASH 45 THE RECIPIENT ORGANIZATION IS A PUBLIC CHARITY UNDER SECTION 501(c)(3) AND HAS BEEN IN EXSISTENCE FOR AT LEAST 60 MONTHS.
Application Information
Grant Size Distribution
Based on 2 grants on record
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| RONALD FORTI | TRUSTEE | $6K |
Grants Awarded (2 total)
| Purpose | ||||
|---|---|---|---|---|
| WORLD VISON INC | FEDERAL WAY, WA | $359,853 | DISTRIBUTION OF ASSETS - CASH TO SUPPORT GENERAL OPERATIONS | 2020 |
| WORLD VISION INC | FEDERAL WAY, WA | $45 | DISTRIBUTION OF ASSETS - CASH TO SUPPORT GENERAL OPERATIONS | 2020 |