PURSUANT TO THE PROVISIONS OF SECTION 507(B)(1)(A) OF THE INTERNAL REVENUE CODE, ALMAR FOUNDATION FORMALLY NOTIFIES THE INTERNAL REVENUE SERVICE OF ITS INTENT TO TERMINATE ITS PRIVATE FOUNDATION STATUS BY DISTRIBUTING ALL OF ITS NET ASSETS TO ONE OR MORE PUBLIC CHARITIES DESCRIBED IN SECTION 509(A)(1) OF THE CODE. 1. DISSOLUTION RESOLUTION THE TRUSTEES OF ALMAR FOUNDATION ADOPTED A RESOLUTION ON 5/31/24 APPROVING THE DISSOLUTION OF THE FOUNDATION AND THE TERMINATION OF ITS PRIVATE FOUNDATION STATUS UNDER SECTION 507(B)(1)(A). 2. ASSET DISTRIBUTION ALL REMAINING NET ASSETS OF ALMAR FOUNDATION WERE DISTRIBUTED ON 6/3/24 AND 6/12/24 EXCLUSIVELY TO THE FOLLOWING PUBLIC CHARITIES DESCRIBED IN SECTION 509(A)(1): JEWISH HOME FOUNDATION OF NORTH JERSEY EIN: 52-1720580 ADDRESS: 10 LINK DRIVE, ROCKLEIGH, NJ 07647 AMOUNT DISTRIBUTED: $2,150,000 PLANNED PARENTHOOD FEDERATION OF AMERICA INC EIN: 13-1644147 ADDRESS: 123 WILLIAM STREET 10 FL, NEW YORK, NY 10038 AMOUNT DISTRIBUTED: $348,869.45
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