IN DECEMBER 2024, IT WAS DETERMINED THAT THE REMAINING ASSETS OF APPROXIMATELY $42,000 IN THE ROBERT BLAIR FOUNDATION WERE NOT SUFFICIENT TO JUSTIFY THE EXPENSES ASSOCIATED WITH A PRIVATE FOUNDATION. AS THE FOUNDATION ONLY MADE GIFTS TO IRC 501(C)(3) ORGANIZATIONS, THE ASSETS COULD BE DISTRIBUTED TO A DONOR ADVISED FUND WITHOUT IMPACTING THE ORGANIZATION'S EXEMPT PURPOSE. IN ADDITION, THE GRANTS FROM THE DONOR ADVISED FUND WILL BE USED IN ACCORDANCE WITH IRC SECTION 170(C)(2)(B). ON DECEMBER 13, 2024, THE ROBERT BLAIR PRIVATE FOUNDATION RECEIVED A CERTIFICATE OF DISSOLUTION FROM THE COMMONWEALTH OF VIRGINIA STATE CORPORATION COMMISSION. THE FOUNDATION THEN PAID ITS OUTSTANDING PROFESSIONAL FEES AND ESTABLISHED THE DONOR ADVISED FUND AT FIDELITY CHARITABLE. DONATIONS WERE MADE TO THE FIDELITY CHARITABLE DONOR ADVISED FUND ON DECEMBER 11, 2024, DECEMBER 16, 2024, DECEMBER 30, 2024 AND DECEMBER 31, 2024. THE ROBERT BLAIR PRIVATE FOUNDATION RECEIVED THE CERTIFICATE OF TERMINATION ON DECEMBER 31, 2024.
Application Information
Accepts Unsolicited ProposalsNo — Preselected Only