>>The Residual asset, if there is any, will be “donated” according to the POR. but the POR did not mention on “Who will be the recipient” All we can do at this time is use our logic and guess. Although keep in mind that “donation” technically differs from “distribution” <<
Yes, it does not say who it will be donated to. But it does say it will be donated to a not for profit 501(c)3 organization.