| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,400 | 850 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| AMORTIZATION OF ORGANIZATION COSTS | 2006-07-01 | 7,268 | 2,182 | 180 | 484 | 2,666 |
| Person Name | Explanation |
|---|---|
| JAY B COLVIN |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MUTUAL INTRN'T FIXED FUND | ||
| MUTUAL FIXED FUNDS | 1,287,297 | 1,268,613 |
| MUTUAL EQUITY FUNDS |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MUTUAL FUND INTNL EQUITY | 214,506 | 198,085 |
| MUTUAL EQUITY FUNDS | 1,126,510 | 1,120,537 |
| COMMON STOCK | 73,174 | 2,982,168 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS-ALTERNATIVE | AT COST | 404,116 | 384,057 |
| MUTUAL FUNDS INT'L ALTER | AT COST | 136,100 | 124,192 |
| STOCK-ALTERNATIVE | AT COST | 48,808 | 59,277 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATION COST, NET | 5,088 | 4,604 | 4,604 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PLANTE MORAN TRUSTEE FEES | 52,243 | 52,243 | ||
| PROFESSIONAL ADVISORS | 3,250 | 1,625 | 1,625 | |
| LEGAL FEES | 9,304 | 4,652 | 4,652 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 1,022 | 1,022 | ||
| FEDERAL EXCISE TAX | 14,640 |