Rachel & Herbert Miller Mem Fund 31V050014

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IN ACCORDANCE WITH THE TERMS OF THE TRUST'S GOVERNING DOCUMENT, THIS IRC SECTION 501(C)(3) EXEMPT CHARITABLE TRUST MAKES DISTRIBUTIONS TO RACHEL & HERBERT MILLER MEM FUND, AN ORGANIZATION EXEMPT FROM TAX UNDER IRC SECTION 501(C)(3), FOR TO PAY ROOM, BOARD, TUITION AND EDUCATION OF MINISTERIAL STUDENTS OR PREMINISTERIAL STUDENTS WHO ARE MEMBERS OF SALEM EVANGELICAL LUTHERAN CHURCH. THE TRUST, WHICH WAS FUNDED FROM THE ESTATE OF HERBERT W. MILLER ON JUNE 19,1993, HAS MADE DISTRIBUTIONS FOR THIRTY-ONE CONSECUTIVE YEARS TO SALEM EVANGELICAL LUTHERAN CHURCH IN CARRYING OUT ITS CHARITABLE PURPOSES. HOWEVER, DUE TO THE SMALL SIZE AND ONGOING ADMINSTRATIVE EXPENSES OF THE TRUST, VOLUNTARY TERMINATION PURSUANT TO IRC SECTION 507(B)(1)(A) WAS DETERMINED TO BE THE BEST COURSE OF ACTION FOR ALL INTERESTED PARTIES. AS SUCH, THE CHARITABLE TRUST DISTRIBUTED ALL OF ITS RIGHT, TITLE, AND INTEREST IN AND TO ALL OF ITS NET ASSETS, AS PERMITTED UNDER APPLICABLE LOCAL LAW, TO THE ABOVE NAME BENEFICIARY, A PERMISSIBLE CHARITABLE ORGANIZATION DESCRIBED IN IRC SECTION 170(B)(1)(A), WHICH HAS BEEN IN EXISTENCE FOR A CONTINUOUS PERIOD OF AT LEAST 60 CALENDAR MONTHS IMMEDIATELY PRECEEDING THE DISTRIBUTION. PLEASE REFER TO PART XV, LINE 3A, FOR A SCHEDULE THAT LISTS THE NAME AND ADDRESS OF THE RECIPIENT OF THE ASSETS AND FOR AN EXPLANATION OF THE NATURE AND FAIR MARKET VALUE OF THE ASSETS, WHICH WAS STRICTLY CASH, DISTRIBUTED TO THE RECIPIENT. FINAL DISTRIBUTION OF ASSETS TO THE PERMISSIBLE CHARITABLE ORGANIZATION NOTED IN PART XV, LINE 3A, WAS MADE ON DECEMBER 18, 2023, AND AFTER A BRIEF WINDING UP PERIOD, THE TRUST TERMINATED ON DECEMBER 31, 2023.

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Based on 4 grants on record

Geographic Distribution

Grants Awarded (4 total)