November 22, 2004, Miami, Florida

The Executors of the estate of the remaining Trustee of the Shearwater Foundation have issued a statement today reporting the closure of the Shearwater Foundation, a long-time philanthropic organization headquartered in Florida. The Foundation's officers indicated that this not for profit corporation ceased operations on November 15th, 2004,  after the sudden death of the last of the Foundation's Board of Trustees.

All business by the Foundation will have been concluded by the end of this month.

The Executors wish to thank  the office staff of the Foundation as well as those persons who have administered grant programs for their hard work and professional services over the years. The Shearwater Foundation leaves a memorable record of philanthropic achievement in the areas of hospital care, modern dance and the emerging field of holography - a consuming interest of the Trustees for the past ten years. The Foundation has always done it's work with anonymity, honoring the wishes of the four people who founded it. As a result, their names will not be disclosed with this notice. The legacy of their generosity, however, lives on in the support they have given to so many worthy causes over the years.