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        <FormAndLineReferenceDesc>PART I, LINE 3:</FormAndLineReferenceDesc>
        <ExplanationTxt>IN 2019 GLOBAL CHARITABLE FOUNDATION GRANTED ITS ONE MAJOR ASSET TO ANOTHER 501(C)(3) CHARITY, INTERNATIONAL GENEROSITY FOUNDATION TRUST, IN FULFILLMENT OF ITS EXEMPT PURPOSE. THE TRANSACTION WAS REPORTED ON SCHEDULE N. FOR THE TAX YEARS 2020 THROUGH 2024, GLOBAL CHARITABLE FOUNDATION HAS BEEN WINDING DOWN ITS OPERATIONS AND IN 2024 GLOBAL CHARITABLE FOUNDATION HAD NO REMAINING ASSETS. ON DECEMBER 23, 2024 THE TRUSTEES UNANIMOUSLY AGREED THAT GLOBAL CHARITABLE FOUNDATION HAD FULFILLED ITS PURPOSE AND THEREFORE, THE TRUSTEES UNANIMOUSLY VOTED TO DISSOLVE THE TRUST IN ACCORDANCE WITH ITS TRUST AGREEMENT.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES</FormAndLineReferenceDesc>
        <ExplanationTxt>DESCRIPTION: FEDERAL TAXES. AMOUNT: 37.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES</FormAndLineReferenceDesc>
        <ExplanationTxt>DESCRIPTION: FEDERAL INCOME TAX PAYABLE. BEG. OF YEAR AMOUNT: 3,021. END OF YEAR AMOUNT: 0.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION HAS DONE A THOROUGH ANALYSIS TO DETERMINE IF IT HAS ANY REPORTABLE UNRELATED BUSINESS INCOME ("UBI"). WE HAVE CONCLUDED THAT THE ORGANIZATION HAS NO UBI AND THEREFORE, HAS NO 990-T FILING REQUIREMENT FOR THIS TAX YEAR.</ExplanationTxt>
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