The Hortense & Louis Rubin Center Inc

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THE HORTENSE AND LOUIS RUBIN DIALYSIS CENTER, INC. RECEIVED APPROVAL FROM THE ATTORNEY GENERAL OF THE NYS CHARITIES BUREAU AND THE ACTING SUPREME COURT JUSTICE OF RENSSELAER COUNTY, NY, ON SEPTEMBER 16, 2015 AND OCTOBER 14, 2016, RESPECTIVELY, TO TRANSFER ALL OF ITS NET ASSETS TO THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION, INC. (THE "FOUNDATION") IN ACCORDANCE WITH SECTIONS 510 AND 511 OF THE NOT-FOR-PROFIT CORPORATION LAW (SEE ENCLOSED ORGINAL ORDER APPROVING THE APPLICATION TO TRANSFER NET ASSETS). THE CENTER'S NET ASSETS ESTABLISHED THE HORTENSE AND LOUIS RUBIN COMMUNITY HEALTH FUND (THE "RUBIN HEALTH FUND"), AN ENDOWED FIELD OF INTEREST FUND (THE "AGREEMENT"), BY AND UNDER THE SUPERVISION OF THE FOUNDATION TO PROVIDE GRANTS TO 501(C)(3) ORGANIZATIONS ADDRESSING THE PREVENTION, MANAGEMENT AND TREATMENT OF KIDNEY DISEASE AND ASSOCIATED CO-MORBIDITIES OF KIDNEY DISEASE. DURING THE YEAR ENDED DECEMBER 31, 2023, THE CENTER MADE ITS FINAL TRANSFER OF $87,947, REPRESENTING THEIR REMAINING CASH BALANCES, TO THE COMMUNITY FOUNDATION FOR DEPOSIT TO THE RUBIN HEALTH FUND. THE CENTER'S BOARD OF DIRECTORS HAS APPROVED A PLAN OF DISSOLUTION OF THE CENTER ( A COPY IS INCLUDED), HAS NO ASSETS AND NO KNOWN LIABILITIES AND IS WORKING THROUGH THE PROCESS OF OBTAINING NYS APPROVAL FOR THE CENTER'S VOLUNTARY DISSOLUTION.

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Grant Size Distribution

Based on 2 grants on record

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Grants Awarded (2 total)

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