Administratively dissolved foundation can’t inherit bequest

When a foundation was administratively dissolved shortly before the death of a donor, it was not in a position to receive the residue of a trust that was designated for another charity if the foundation was “no longer in existence” on the donor’s death.  Despite the fact that the foundation was reinstated under state law “as of the effective date” of the dissolution, a Court of Appeal of Florida has affirmed a trial court decision denying the residue to the foundation.