Ohrstrom Foundation Inc

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THROUGH RESOLUTIONS ADOPTED AT A MEETING ON APRIL 21, 2021 (THE "BOARD RESOLUTIONS"), THE OHRSTROM FOUNDATION, INC.'S BOARD OF DIRECTORS APPROVED THE DISSOLUTION OF THE OHRSTROM FOUNDATION, INC. AND THE TRANSFER OF ALL OF ITS ASSETS, AFTER THE PAYMENT OF LIABILITIES, IN THREE EQUAL SHARES TO THE FOURTEN FOUNDATION, BC FAMILY FOUNDATION, INC. AND CATESBY FOUNDATION (THE "TRANSFEREES"). IN ADDITION, THROUGH RESOLUTIONS ADOPTED AT MEETINGS ON MAY 10, 2021, MAY 23, 2021 AND MAY 24, 2021 (THE "MEMBER RESOLUTIONS"), THE OHRSTROM FOUNDATION, INC.'S MEMBERS (IN THE FORM OF THREE FAMILY GROUP BOARDS) APPROVED THE DISSOLUTION OF THE OHRSTROM FOUNDATION, INC. AND THE TRANSFER OF ALL OF ITS ASSETS, AFTER THE PAYMENT OF LIABILITIES, IN THREE EQUAL SHARES TO THE TRANSFEREES. A COPY OF EACH OF THE BOARD RESOLUTIONS AND THE MEMBER RESOLUTIONS, ACCOMPANIED BY SECRETARY'S CERTIFICATES, ARE ATTACHED. EACH OF THE TRANSFEREES IS A TAX-EXEMPT PRIVATE FOUNDATION WHICH IS EFFECTIVELY CONTROLLED, DIRECTLY OR INDIRECTLY, WITHIN THE MEANING OF TREAS. REG. SECTION 1.507-3(A)(9)(I), BY THE SAME PERSON OR PERSONS WHO EFFECTIVELY CONTROL THE OHRSTROM FOUNDATION, INC. THE NAMES AND ADDRESSES OF THE TRANSFEREES ARE AS FOLLOWS: 1. THE FOURTEN FOUNDATION C/O CURTIS MALLET-PREVOST, COLT & MOSLE 101 PARK AVENUE NEW YORK, NY 10178 2. BC FAMILY FOUNDATION, INC. C/O BRANE-STROM LLC 101 NORTH JAY STREET MIDDLEBURG, VIRGINIA 20117 3. CATESBY FOUNDATION C/O LARKSPUR SERVICES INC. P.O. BOX 500, 6384 STUART STREET THE PLAINS, VA 20198 THE TRANSFER OF ASSETS TOTALING $694,031.13 IN CASH AND INVESTMENT ASSETS HAVING A FAIR MARKET VALUE OF $41,343,253.36 TO THE FOURTEN FOUNDATION WAS COMPLETED BY THE OHRSTROM FOUNDATION, INC. ON OCTOBER 12, 2021. THE TRANSFER OF ASSETS TOTALING $694,031.13 IN CASH AND INVESTMENT ASSETS HAVING A FAIR MARKET VALUE OF $41,267,970.43 TO BC FAMILY FOUNDATION, INC. WAS COMPLETED BY THE OHRSTROM FOUNDATION, INC. ON OCTOBER 12, 2021. THE TRANSFER OF ASSETS TOTALING $694,031.13 IN CASH AND INVESTMENT ASSETS HAVING A FAIR MARKET VALUE OF $41,245,351.18 TO CATESBY FOUNDATION WAS COMPLETED BY THE OHRSTROM FOUNDATION, INC. ON OCTOBER 12, 2021. THE OHRSTROM FOUNDATION, INC. FILED A CERTIFICATE OF DISSOLUTION WITH THE DELAWARE SECRETARY OF STATE ON OCTOBER 15, 2021, A COPY OF WHICH IS ATTACHED.

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