| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,500 | 1,250 | 1,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 185,291 | 171,056 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PREFERRED STOCK | AT COST | 188,241 | 203,804 |
| ENBRIDGE ENERGY PARTNERS | AT COST | 8,495 | 18,714 |
| MUTUAL FUNDS | AT COST | 14,850 | 12,105 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ENBRIDGE PARTNERS K-1 - NON-DEDUCTIBLE EXPENSES | 3 | 0 | 0 | |
| ENBRIDGE PARTNERS K-1 - ORDINARY BUSINESS LOSS | 864 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MERRILL LYNCH INVESTMENT MANAGEMENT FEES | 3,630 | 3,630 | 0 |