The Roth Fund

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A DISTRIBUTION OF 39,500 WAS MADE TO A DONOR ADVISED FUND AT FIDELITY CHARITABLE. THIS DISTRIBUTION IS BEING TREATED AS A QUALIFYING DISTRIBUTION. THE FOREGOING FUNDS WILL BE EXPENDED ONLY FOR PERMITTED PURPOSES UNDER SECTION 170(C)(2)(B). SUCH PERMITTED PURPOSES CONSIST ONLY OF THOSE FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL, OR PREVENTING CRUELTY TO CHILDREN OR ANIMALS. IN 2016, THE DIRECTORS OF THE ROTH FUND, HAVING DETERMINED THAT THE ROTH FUND BE VOLUNTARILY DISSOLVED AND THE CORPORATION DISSOLVED PURSUANT TO THE LAWS OF THE STATE OF NEW YORK, IN ACCORDANCE WITH ARTICLE THIRD OF THE ARTICLES OF INCORPORATION OF THE ROTH FUND DATED DECEMBER 1964, "THE FUNDS AND ASSETS OF THIS CORPORATION THEN BELONGING TO IT SHALL, AFTER PROPER PAYMENT OF LIABILITIES, BE DISTRIBUTED IN ACCORDANCE WITH THE LAW TO THE FREE AND VOLUNTARY AID AND ASSISTANCE OF ACTIVITIES, AGENCIES, AND INSTITUTIONS WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES, NO PART OF THE NET EARNINGS OF WHICH INURES TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER OR INDIVIDUAL, NO PART OF THE ACTIVITIES OF WHICH IS CARRYING ON PROPAGANDA OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION AND WHICH DOES NOT PARTICIPATE IN, OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIBUTING OF STATEMENTS) ANY POLITICAL CAMPAIGN ON BEHALF OF ANY CANDIDATE FOR PUBLIC OFFICE." DURING 2016, THE ROTH FUND MADE LARGE DISTRIBUTIONS OF FUND BALANCES TO 501(C)(3) ORGANIZATIONS IN EXCESS OF 25% OF THE ROTH FUND'S ASSETS. IN 2107, THE ROTH FUND REISSUED A 2016 DISTRIBUTION TO A 501(C)(3) ORGANIZATION. SCHEDULE OF ASSET RECIPIENTS ON DECEMBER 28, 2016, CONSISTED OF TWO SEPARATE AND EQUAL DISTRIBUTIONS OF 39,500.00 (TOGETHER TOTALING 79,000.00) WERE MADE TO QUALIFIED CHARITABLE ENTITIES. DUE TO AN INADVERTENT ERROR, ONE DISTRIBUTION OF 39,500 WAS REQUIRED TO BE VOIDED AND REISSUED IN 2017. THE RECIPIENTS OF THE ASSETS ARE DONOR-ADVISED FUNDS AS FOLLOWS: 2016 DISTRIBUTION: 1.THE ROTH-DINARDO FAMILY FUND FIDELITY CHARITABLE, P.O. BOX 770001, CINCINNATI, OH 45277-0053 2016 DISTRIBUTION, 2017 VOID, 2017 REISSUED DISTRIBUTION: 2.THE TEDDY TWO TOPS FUND VANGUARD CHARITABLE, P.O. BOX 9509, WARWICK, RI 02889-9509 NATURE OF THE ASSETS THE ASSETS DISTRIBUTED CONSISTED OF CASH. THUS, THE TOTAL FAIR MARKET VALUE OF THE DISBURSEMENTS WAS 79,000.00 IN 2016 AND 39,500 IN 2017. THE FUND IS IN THE PROCESS OF LIQUIDATING AND IS AWAITING APPROVAL BY THE NYS ATTORNEY.

Financial Trends

Grant Size Distribution

Based on 3 grants on record

Geographic Distribution

Grants Awarded (3 total)