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        <ExplanationTxt>The Pioneer Arizona Foundation does not capitalize its historical treasures, artifacts, properties, and other similar assets as described in ASC 958-360-45. The organization has met the following, required criteria per ASC 958-360-45:A. They are held for public exhibition, education, or research in furtherance of public service rather than financial gain.B. They are protected, kept unencumbered, cared for, and preserved.C. They are subject to an organizational policy that requires the use of proceeds of items that are sold to be used to acquire other items for collections.</ExplanationTxt>
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