| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 28,440 | 22,802 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PARTICIPATION IN LOAN RECEIVABLE | 10,712,697 | 11,325,412 | 11,325,412 |
| PREPAID EXPENSES | 462 | 1,121 | 1,121 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,031 | 2,031 | 0 | 0 |
| OTHER EXPENSES | 761 | 0 | 0 | 0 |
| FEDERAL EXCISE TAXES | 13,401 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MANAGEMENT FEE | 60,000 | 60,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SCHOLARSHIP PAYABLE | 5,000 | 0 |