THE JULIA-RAY FOUNDATION

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ON NOVEMBER 16, 2018, THE BOARD OF DIRECTORS OF THE JULIA-RAY FOUNDATION UNANIMOUSLY AND VOLUNTARILY APPROVED THE DISSOLUTION OF THE JULIA-RAY FOUNDATION BY TRANSFERRING, PRIOR TO NOVEMBER 30, 2018, ALL ASSETS OWNED. ATTACHED TO THIS RETURN IS A COPY OF THE PLAN OF DISSOLUTION AND A COPY OF THE MINUTES OF ACTION AT A SPECIAL MEETING OF THE BOARD OF DIRECTORS OF THE JULIA-RAY FOUNDATION. THE JULIA-RAY FOUNDATION TERMINATED ITS PRIVATE FOUNDATION STATUS UNDER SECTION 507(b)(1)(A) BY DISTRIBUTING ALL OF ITS ASSETS TO SCHWAB CHARITABLE, A TAX-EXEMPT PUBLIC CHARITY DESCRIBED IN I.R.C. SECTION 501(c)(3). ACCORDINGLY, THE JULIA-RAY FOUNDATION WAS NOT REQUIRED TO NOTIFY THE IRS OF ITS INTENT TO TERMINATE AND DOES NOT OWE A TERMINATION TAX.ALL OF THE ASSETS OF THE JULIA-RAY FOUNDATION WERE TRANSFERRED TO SCHWAB CHARITABLE BEFORE THE FOUNDATION'S FISCAL YEAR-END OF 11/30/2018. CASH OF $126,000 AND STOCK INVESTMENTS VALUED AT $162,096, WITH TAX BASIS OF $130,096, WERE TRANSFERRED FROM THE JULIA-RAY FOUNDATION TO SCHWAB CHARITABLE FUND. A SCHEDULE OF ASSETS TRANSFERRED IS ATTACHED TO THIS RETURN. THE FOUNDATION HAS NO REMAINING ASSETS AS OF 11/30/2018.

Grant Size Distribution

Based on 9 grants on record

Geographic Distribution

Key Personnel

Grants Awarded (9 total)