PETER AND MARY KERR FAMILY FOUNDATION 83-1491528 TAX YEAR 2021 THE GOVERNING DIRECTORS, BY UNANIMOUS CONSENT HAVE ELECTED TO TERMINATE THE PETER AND MARY KERR FAMILY FOUNDATION AFTER SATISFYING ALL OUTSTANDING LIABILITIES, INCLUDING LIABILITY FOR ANY EXCISE TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 4940, AND DISTRIBUTING ALL ASSETS OF THE PRIVATE FOUNDATION TO THE PUBLIC CHARITY LISTED BELOW. THE LIQUIDATION AND TERMINATION QUALIFY AS A TERMINATION OF PRIVATE FOUNDATION STATUS WHICH IS NOT SUBJECT TO THE TERMINATION TAX UNDER IRC SECTION 507(B)(1)(A). THE TERMINATION IS A VOLUNTARY TERMINATION OF PRIVATE FOUNDATION STATUS AND THE DISTRIBUTION OF THE REMAINING ASSETS WERE MADE TO THE CHARITY LISTED BELOW EXCLUSIVELY TO BE UTILIZED FOR CHARITABLE PURPOSES OF IRC SECTION 170(B)(1)(A). THERE IS ONLY ONE RECIPIENT CHARITY AND IT HAS BEEN IN EXISTENCE FOR MORE THAN 60 MONTHS. NO SUBSTANTIAL CONTRIBUTOR OF THE PRIVATE FOUNDATION HAS CONTROL OVER THE SUCCESSOR CHARITY. FIDELITY INVESTMENTS CHARITABLE GIFT FUND EIN: 11-0303001 200 SEAPORT BLVD., MZ: NM43A BOSTON, MA 02210 AMOUNT OF CASH TRANSFERRED: $116,676 FAIR MARKET VALUE OF SECURITIES AND BONDS TRANSFERRED: $1,660,829 BASIS OF SECURITIES AND BONDS TRANSFERRED: $983,739
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