| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,310 | 0 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITY SECURITIES | 17,684,622 | 17,684,622 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| OTHER INVESTMENTS IN LP | FMV | 2,967,480 | 2,967,480 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 717 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ROYALTY EXPENSE | 125,059 | 125,059 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 244,990 | 244,990 | 244,990 |
| LOSS ON INVESTMENT IN LP | -109,908 | 0 | -109,908 |
| Description | Amount |
|---|---|
| CHANGE IN ACCOUNTING METHOD | 8,572,837 |
| UNREALIZED GAIN | 3,031,497 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT MAKING EXPENSES | 108,063 | 0 | 0 | 108,063 |
| INVESTMENT ADVISORY FEES | 18,000 | 18,000 | 0 | 0 |
| BANK ADMINISTRATIVE EXPENSE | 8,998 | 3,599 | 0 | 5,399 |
| ADVISORY COMMITTEE FEES | 5,500 | 0 | 0 | 5,500 |
| FELLOWS | 2,000 | 0 | 0 | 2,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 10,515 | 10,515 | 0 | 0 |
| MASS PC | 125 | 0 | 0 | 125 |
| FEDERAL INCOME EXCISE TAX | 12,000 | 12,000 | 0 | 0 |