| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,950 | 2,950 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB - 2151-0903 | 333,029 | 353,342 |
| CHARLES SCHWAB - 5243-8071 | 133,870 | 158,596 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PAR OFFSHORE FUND | AT COST | 200,000 | 195,249 |
| PUBLICLY TRADED PARTNERSHIPS | AT COST | 25,843 | 61,940 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES - 5243-8071 | 3,697 | 3,697 | 0 | |
| MANAGEMENT FEES - 2151-0903 | 4,582 | 4,582 | 0 | |
| OTHER EXPENSES | 752 | 752 | 0 | |
| PTP NONDEDUCTIBLE EXPENSES | 94 | 94 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ENERGY TRANSFER PARTNERS, L.P. | -924 | -924 | -924 |
| ENTERPRISE PRODUCTS PARTNERS, L.P. | -76 | -76 | -76 |
| MAGELLAN MIDSTREAM PARTNERS, L.P. | 294 | 294 | 294 |
| PLAINS ALL AMERICAN PIPELINE, L.P. | -170 | -170 | -170 |
| INERGY L.P. | -283 | -283 | -283 |
| BUCKEYE PARTNERS L.P. | -241 | -241 | -241 |
| ORDINARY GAIN FROM DISP OF PTP | 4,218 | 4,218 | 4,218 |
| WILLIAMS PARTNERS L.P. | -179 | -179 | -179 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OUTSTANDING CHECK | 1,000 | 6,000 |
| TIMING DIFFERENCE | 0 | 5,137 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1 | 1 | 0 |