MARK A. NICHOLS, AS THE SOLE TRUSTEE OF THE LAURA P. NICHOLS FOUNDATION, HAS DECIDED TO EXERCISE HIS DISCRETION TO TERMINATE THE FOUNDATION AND TO DISTRIBUTE THE REMAINING ASSETS OF THE FOUNDATION TO THE LAURA P. NICHOLS FOUNDATION CHARITABLE FUND, WHICH IS A DONOR ADVISED FUND THAT HAS BEEN ESTABLISHED AT THE ARKANSAS COMMUNITY FOUNDATION, INC., PURSUANT TO THE AGREEMENT ESTABLISHING THE LAURA P. NICHOLS FOUNDATION CHARITABLE FUND DATED JUNE 17, 2024, A COPY OF WHICH IS ATTACHED. ALL PUBLICLY TRADED SECURITIES WERE SOLD, AND THE FOUNDATIONS INVESTMENT HOLDINGS WERE FULLY LIQUIDATED PRIOR TO THE DISTRIBUTION TO THE ARKANSAS COMMUNITY FOUNDATION ON SEPTEMBER 25, 2024. THE FORMAL TERMINATION OF THE FOUNDATION OCCURRED ON DECEMBER 31, 2024, FOLLOWING THE SETTLEMENT OF ALL OUTSTANDING LIABILITIES.
Application Information
Accepts Unsolicited ProposalsUnknown
Contact PersonMARK A NICHOLS TRUSTEE CO CS CAPITA
Phone5013769971
DeadlinesNONE
How to ApplySEE NOTE ATTACHED.
RestrictionsSEE NOTE ATTACHED.
Financial Trends
2022 data appears limited (dashed line) because the IRS transitioned its e-filing system that year and only published 2 months of XML archives.