THE BUHR FOUNDATION STATEMENT OF DISSOLUTION DESCRIPTION OF TERMINATION: THE BOARD OF THE BUHR FOUNDATION (FOUNDATION) DETERMINED THAT TERMINATION OF THE FOUNDATION INTO NINE CHARITABLE FUNDS AT THE ANN ARBOR AREA COMMUNITY FOUNDATION, A PUBLIC CHARITY, WOULD BE IN THE BEST INTEREST OF CARRYING OUT THE CHARITABLE MISSION OF THE FOUNDATION. THE FUNDS INTO WHICH THE ASSETS OF THE FOUNDATION WERE TRANSFERRED ARE INDICATED IN EXHIBIT B AS PART OF THE ADVISED FUND AGREEMENT BETWEEN THE ANN ARBOR AREA COMMUNITY FOUNDATION AND THE BUHR FOUNDATION, INC. THE FUND AGREEMENT PROVIDES INDIVIDUAL DESCRIPTIONS OF EACH OF THE NINE FUNDS AND IT'S CHARITABLE PRUPOSE. LIQUIDATION PLAN AND SUPPORTING DOCUMENTS: THE PLAN OF DISSOLUTION PROVIDES THAT ALL ASSETS OF THE FOUNDATION, AFTER PAYMENT OF FINAL ADMINISTRATION EXPENSES AND TAXES, BE DISTRIBUTED TO THE ANN ARBOR AREA COMMUNITY FOUNDATION TO BE ADDED TO THE NINE FUNDS INDICATED ABOVE. COPIES OF THE AGREEMENT ESTABLISHING THE NINE FUNDS AT THE ANN ARBOR AREA COMMUNITY FOUNDATION, THE BOARD AND MEMBER RESOLUTIONS AUTHORIZING THIS TRANSACTION AND THE PLAN OF DISSOLUTION ARE ATTACHED. THE NAME, ADDRESS, PHONE NUMBER, WEBSITE AND EIN OF THE RECIPIENT ORGANIZATION OF THE REMAINING ASSETS, AFTER FINAL ADMINISTRATION EXPENSES AND TAXES, IS: ANN ARBOR AREA COMMUNITY FOUNDATION 301 N. MAIN ST, SUITE 300 ANN ARBOR, MI 48104 (734) 663-0401 WWW.AAACF.ORG 38-6087967
Application Information
Accepts Unsolicited ProposalsNo — Preselected Only
Contact PersonMARTHA B GRIMES
Phone7349962742
DeadlinesNONE
How to ApplyIRS TAX EXEMPT STATUS LETTER MUST BE SUBMITTED WITH LETTER REQUEST FOR FUNDING.
RestrictionsGENERALLY LIMITED TO FUNDING CAPITAL ITEMS, EQUIPMENT, ETC. TO MICHIGAN BASED ORGANIZATIONS.