FUKU-BONSAI & MID-PACIFIC BONSAI FOUNDATION
OCTOBER 2022 UPDATE
Due to major personal health problems, the Mid-Pacific Bonsai Foundation officers did not meet their fiduciary responsibilities and IRS automatically cancelled the tax-exempt status after no reports were filed for three years. At a scheduled meeting, they did not attend and David Fukumoto, an original MPBF co-founder (who is also president and founder of Fuku-Bonsai) was elected to be the interim president to reorganize and reinstate the tax-exempt status of the Mid-Pacific Bonsai Foundation.
The Fukumotos will be donating Fuku-Bonsai shares to make MPBF the largest stockholder to help lead the transition for Fuku-Bonsai to become a "SEMI-NON-PROFIT COMMUNITY BENEFIT CORPORATION" to refinance and restructure Fuku-Bonsai, and to lead: "MAKING THE BIG ISLAND AN INTERNATIONAL BONSAI CENTER!"
WE INVITE EVERYONE WHO SHARES OUR TRUE INDOOR BONSAI™ INTERESTS AND VALUES TO PARTICIPATE! Contact: firstname.lastname@example.org for more information.