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.
_________________
David M. Carr
Trustee