TY 2019 ReductionExplanationStatement
Name:
The Moody Foundation
Software Version:
2019v5.0
Explanation:
Description: 6,116,316 shares of American National Insurance Company (ANICO) Percentage: 23.0 Asset FMV: XXX-XX-XXXX Discount: 74660340 Explanation: The Foundation is claiming a 10% blockage on this stock due to the large percentage of shares owned. If the Foundation needed to liquidate this stock, liquidation could only be done over an extended period without causing the market value of the stock to decrease due to the large number of total shares owned by the Foundation.