TY 2020 LiquidationExplanationStmt
Name:
SD BECHTEL JR FOUNDATION
Statement:
THE S.D. BECHTEL JR. FOUNDATION ("FOUNDATION") HAS INCURRED A SUBSTANTIAL CONTRACTION DURING 2020. THE FOUNDATION WAS IN THE PROCESS OF DISSOLUTION AND AS A RESULT HAD A SIGNIFICANT DISPOSITION OF ASSETS IN 2020. THE FOUNDATION HAS SINCE DETERMINED TO REMAIN IN EXISTENCE.