TY 2020 LiquidationExplanationStmt
Name:
GERALD ABELL FOUNDATION INC
Statement:
THE BOARD OF DIRECTORS OF THE GERALD ABELL FOUNDATION HAVE DECIDED TO LIQUIDATE THE REMAINING ASSETS OF THE FOUNDATION AND CEASE OPERATING AS A NON-OPERATING FOUNDATION. THE REMAINING FUNDS OF THE FOUNDATION WILL BE USED TO PAY THE CLOSING EXPENSES OF THE FOUNDATION.