SUBSTANTIAL CONTRACTION - DESCRIPTION OF THE TRANSACTION 1. SCHEDULE OF NAME AND ADDRESS OF THE RECIPIENT OF ASSETS: CENTRE ALCIBIADE POMMAYRAC BP 89, HT 9110, JACMEL, HAITI 2. EXPLANATION OF THE NATURE AND FAIR MARKET VALUE OF THE ASSETS DISTRIBUTED TO RECIPIENT: CASH PAYMENTS DURING 2021 = $375,000 CASH PAYMENTS DURING 2020 = $380,000 CASH PAYMENTS DURING 2019 = $325,000 CASH PAYMENTS DURING 2018 = $329,000 CASH PAYMENTS DURING 2017 = $302,000 CASH PAYMENTS DURING 2016 = $308,250 CASH PAYMENTS DURING 2015 = $268,000 CASH PAYMENTS DURING 2014 = $300,000 CASH PAYMENTS DURING 2013 = $185,000 CASH PAYMENTS DURING 2012 = $160,000 3. ADDITIONAL INFORMATION: THE ABOVE ASSET DISTIBUTIONS HAVE CEATED A SIGNIFICANT DISPOSITION OF THE FOUNDATION'S ASSETS. THE TOTAL VALUE OF THE RELATED DISPOSITIONS MADE DURING THE CURRENT AND PRIOR TAX YEARS ARE PART OF A SERIES OF RELATED DISPOSITIONS. THE TOTAL OF WHICH IS MORE THAN 25% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S ASSETS AT THE BEGINNING OF THE TAX YEAR, 2012, THE YEAR IN WHICH THE SERIES OF RELATED DISPOSITIONS STARTED. 4. TOTAL PAYMENTS MADE TO RECIPIENT LISTED ABOVE = $2,932,250 OUT OF THIS TOTAL AMOUNT PAID, $892,944 WAS PAID OUT OF THE FOUNDATION'S INCOME AND THE REMAINING AMOUNT, $2,039,306 WAS FROM ASSET DISPOSITIONS. 25% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S ASSETS AT 1/1/12 = $1,308,989
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