Minutes of May 23, 2015 of the
The Brian Carr Education and Research Charitable Trust.

At 3:15PM the meeting was called to order by the Custodian, Brian P. Carr, at 22 Fuller Terrace, Albany, NY 12205. Present were the Custodian and Trustee, David M. Carr. All attendees reviewed the minutes of the meeting of minutes of the meeting of May 12, 2014. A motion was made and seconded to approve the minutes. The motion was carried unanimously. All attendees reviewed the filed 2014 I.R.S. Form 990PF as well as the associated balances. A motion was made and seconded to approve the submitted Form 990PF and the associated balances. The motion was carried unanimously.

The Custodian described the results of the recent application to the IRS for a classification as an Operating Private Foundation and it was determined that the trust is no longer viable. The Custodian stated his intention to resign as soon as possible (which may be the conclusion of liquidation proceedings). The Trustee declined accepting the Custodian position. At 3:30 PM a motion was made and seconded to adjourn the meeting and the motion was carried unanimously.

These minutes were prepared by the Trustee on May 23, 2015.


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David M. Carr
Trustee