| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 36,000 | 18,000 | 18,000 | |
| TAX PREPARATION | 6,595 | 1,800 | 2,400 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| COPIER | 1994-04-01 | 2,144 | 200DB | 5.000000000000 | 0 | 0 | |||
| COMPUTER/PRINTER | 1994-06-01 | 4,752 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2003-11-12 | 3,460 | 200DB | 7.000000000000 | 0 | 0 | |||
| BUILDING | 2000-06-15 | 135,193 | 46,906 | SL | 27.500000000000 | 4,916 | 0 | ||
| ROOF | 2001-11-07 | 3,970 | 1,170 | SL | 27.500000000000 | 144 | 0 | ||
| LAND | 2000-06-15 | 165,000 | L | 0 | 0 | ||||
| COMPUTER/PRINTER | 2004-01-01 | 1,572 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2004-01-01 | 8,070 | 200DB | 7.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2006-05-01 | 8,367 | 5,753 | 200DB | 7.000000000000 | 747 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERRILL LYNCH | 1,850,234 | 1,850,234 |
| TCI MANAGED ACCOUNT | 4,383,139 | 4,383,139 |
| WACHOVIA MANAGED ACCOUNT | 1,281,789 | 1,281,789 |
| USB BUSINESS SERVICES ACCOUNT | 7,453,254 | 7,453,254 |
| UBS YA 7770 | 3,710,650 | 3,710,650 |
| WFA 2460 | 3,653,471 | 3,653,471 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIMITED PARTNERSHIP INTERESTS | FMV | 1,489,935 | 1,489,935 |
| ARTWORK | AT COST | 4,925 | 4,925 |
| MVP FUND OF FUNDS | FMV | 350,000 | 350,000 |
| EDGE PORTFOLIO MANAGEMENT | FMV | 414,077 | 414,077 |
| ABBEY CAPITAL | FMV | 511,230 | 511,230 |
| UBS CREDIT RECOVERY | FMV | 943,099 | 943,099 |
| BREAKTHRU URBAN MINISTRIES | FMV | 200,000 | 200,000 |
| NORTHERN TRUST CD'S | AT COST | 210,452 | 210,452 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COPIER | 2,144 | 2,144 | 0 | |
| COMPUTER/PRINTER | 4,752 | 4,752 | 0 | |
| OFFICE FURNITURE | 3,460 | 3,460 | 0 | |
| BUILDING | 135,193 | 51,822 | 83,371 | 0 |
| ROOF | 3,970 | 1,314 | 2,656 | 0 |
| LAND | 165,000 | 0 | 165,000 | 0 |
| COMPUTER/PRINTER | 1,572 | 1,572 | 0 | |
| OFFICE FURNITURE | 8,070 | 8,070 | 0 |
| Description | Amount |
|---|---|
| BOOK TAX DIFFERENCES ON LIMITED PARTNERSHIPS | 21,024 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 400 | 0 | 125 | |
| WEBSITE | 339 | 0 | 339 | |
| POSTAGE & OFFICE | 171 | 0 | 0 | |
| VENTURE V | 34,870 | 0 | 0 | |
| VENTURE III K-1 | 5,924 | 0 | 0 | |
| ABBEY CAPITAL | 3,283 | 0 | 0 | |
| ALLIANCE BERNSTEIN HOLDING LP | 6 | 0 | 0 | |
| COMPASS DIVERSIFIED K-1 PASS THRU | 814 | 814 | 0 | |
| WHMT EXPENSE ( FNMA) | 338 | 338 | 0 | |
| BAD DEBT | 150,000 | 150,000 | 0 | |
| UBS CREDIT RECOVERY FUND K-1 PASS THRU | 37,560 | 37,560 | 0 | |
| INSURANCE | 1,237 | 1,237 | 0 | |
| REPAIRS & MAINTENANCE | 9,833 | 9,833 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| VENTURE IV K-1 | 1 | 1 | 1 |
| VENTURE III K-1 | 3,952 | 3,952 | 3,952 |
| OTHER INCOME - ROYALTIES | 37 | 37 | 37 |
| MISCELLANEOUS INCOME | 2,780 | 2,780 | 2,780 |
| ALLIANCE BERNSTEIN | 1 | 1 | 1 |
| COMPASS HOLDINGS | 972 | 972 | 972 |
| TRUST COMPANY OF ILLINOIS | 990 | 990 | 990 |
| VENTURE V K-1 | 20,058 | 20,058 | 20,058 |
| UBS CREDIT RECOVERY K-1 PASS THRU | 0 | 0 | 0 |
| UBS CREDIT RECOVERY K-1 PASS THRU | 20 | 20 | 20 |
| VENTURE ASSOCIATES V K-1 PASS THRU | 1 | 1 | 1 |
| ABBEY CAPITAL/UBS | 17,141 | 17,141 | 17,141 |
| Description | Amount |
|---|---|
| NON-TAXABLE DISTRIBUTIONS | 2,749 |
| UNREALIZED GAIN ON INVESTMENTS | 313,461 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT ADMINISTRATION FEES | 360,000 | 0 | 360,000 | |
| ASSET MANAGEMENT FEES | 90,898 | 90,898 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 3,674 | 3,674 | 0 | |
| ILLINOIS FILING | 140 | 0 | 140 | |
| PROPERTY TAXES | 7,738 | 7,738 | 0 |