TY 2021 LiquidationExplanationStmt
Name:
ALLEN L & NOBUKO ZECHA FOUNDATION
Statement:
THE FOUNDATION COMPLETELY LIQUIDATED AS OF DECEMBER 31, 2021. ALL ASSETS WERE DISTRIBUTED FOR CHARITABLE PURPOSES OR UTILIZED AS OPERATIONAL EXPENSES AS OF DECEMBER 31, 2020. THERE WAS NO ACTIVITY IN THE FOUNDATION FOLLOWING THIS DATE. THEREFORE, A CERTIFIED LIQUIDATION PLAN WAS NOT PREPARED NOR DEEMED NECESSARY FOR PURPOSES OF WINDING DOWN THE PRIVATE FOUNDATION. DUE TO CURRENT EVENTS, INCLUDING THE PASSING OF A TRUSTEE DURING THE DISSOLUTION, THE FOUNDATION FILED THE ARTICLES OF DISSOLUTION WITH THE STATE OF HAWAII REQUESTING AN EFFECTIVE DATE OF NOVEMBER 30, 2022. A COPY IS ATTACHED.