Katherine S Kuehn Memorial Trust

“Katherine s. Kuehn memorial trust was created in 1953 under the last will and testament of martin j. Kuehn dated october 30, 1951. No changes can be made to organizational documents without court approval. Pursuant to the order of the minnehaha county circuit court, there are five trustees of the trust, one of which is the first national bank in sioux falls, one of whom is the mayor of the city of sioux falls, one of whom is the president of the sioux falls park and recreation board, and two of whom are residents of sioux falls appointed by the bishop of the diocese of south dakota of the protestant episcopal church in the united states of america. The trustees meet annually to review trust investments, distributions and activities, copies of the trustee's annual reports are to be rendered annually to the beneficiaries.”

“The city of sioux falls appoints two individuals (the mayor and the president of the park board) to the board of trustees, and the diocese of south dakota of the episcopal church appoints two individuals to the board of trustees.”

“During the past year, the katherine s. Kuehn memorial trust has been submitted for court approval, accountings have been provided to the beneficiaries and audit information has been provided as requested by beneficiaries.”

“The trust has no committees.”

“The first national bank in sioux falls reviews the form 990 before filing. No draft is provided to other members of governing body.”

“The trust is a court approved trust with annual reports to the second judicial circuit court in sioux falls, south dakota.”

“The state of south dakota second judicial circuit court approved termination of the trust and distribution of trust assets on february 14, 2023. All remaining funds were distributed for the exclusive benefit of the city of sioux falls, sd and the diocese of sd of the episcopal church.”

“Disposition of assets - schedule n -2,757,378.”