the m p w c Foundation, inc.
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Latest 2015 note (see Bad Times-Promises unkept and allocations webpages), It is quite possible that the recent turn of events (mostly the Andy Blair tragedy which triggered the Restrictions referred to in the founders will have caused the below expectations of asset distributions to most San Miguel organizations to be amended so that the below form letter no longer is required. Together with the final dissolutions payments to the San Miguel organizations, the Founder leaves a proposed form letter that summarizes the on-going terms and instructions for the continued handling of the securities and funds that make up this payment for each such organization's "endowment". A copy of the proposed letter is reproduced below for your use. Rider and the ACLUF will LATER be sent a copy of this signed (as "terms accepted" by the Grantees) letter. All of the other USA grantees will receive ONLY a brief transmittal letter and they are to have no future annual obligations of any sort required of them): The Michael Paul Wein Charitable Foundation, Inc. (insert Executor/Trustees mailing address here) San Miguel de Allende, Gto., 37700 Mexico (insert Date of sending) To whom it may concern at (insert name of each individual SMA charitable organization), Please be kind enough to have your executive officers
read this letter (and each sign a copy of this letter and
then return the signed copy to
us, signifying your acceptance of its terms) prior to
our distributing the securities and the cash noted below.
We will then transmit the below securities and the
money directly to a brokerage account that you have
(by then) set up to receive this entire package as
that is the ideal way to make
this transfer most quickly and efficiently for both of our organizations.
It would also be the best way to control and
record this distribution which will be the
originating point
that commences the later accounting (described
below) for this
distribution.
2 – listed below are the links to various MPWCF webpages that will
inform you regarding restrictions on
the use of these assets and what you may or may not do with the
distributed assets. ·
2a -
founders will
especially points D and E on the page ·
2b - Our
trustees especially point #14 on the page · 2c - site map for MPWCF a listing of many more specific pages that will aid you in understanding which pages explains what 3
– if a copy of the Michael Wein Trust Agreement was provided to you, you
should read the details regarding
"restrictions on the distribution discussed
in point #1 above" as disclosed in Schedule C in its entirety and Schedule B, Clause #1 through #1c as
well Please remember that the default
(ACLUF and Rider) organizations will be expecting your
continued annual input in accordance with our Website, most particularly the
templates webpage and its four underlying “due (date) links” so that they can judge
whether or not you are complying and to judge whether or not they should
institute action to have some or all of those assets transferred from any of you
to them. More about this appears on the website's afterwards page.
(X) ________________________, Executor of the Michael Wein estate and Trustee of the Michael Wein Trust Agreement TERMS ACCEPTED. Acknowledgement of receipt of this letter AND the grantee organization's agreement to completely and forever comply with the provisions and restrictions it describes:
Signed by _________________________________________ Chief Executive of your organization
Signed by _________________________________________ Chief Financial Executive of your organization
Signed by _________________________________________ person who prepares the annual input sent to the MPWCF for your organization
Signed by _________________________________________ person who checks all of the annual input sent to the MPWCF for your organization
Xerox copies of the original letter AND the grantee's signed ("terms accepted") response are next to be sent to each of the two "default" organizations: Rider University and the American Civil Liberties Union Foundation
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“Underpromise and Overdeliver” Some,
but not all, pages on this web-site were selectively modified as recently as the
date shown at the bottom of the MPWCFoundation web-page. This entire
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