| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 25,000 | 25,000 | 25,000 |
| 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 |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN STONY STREET | 1,504,981 | 1,036,281 | |
| OTHER INVESTMENTS | 6,315,834 | 5,935,318 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Amount |
|---|---|
| UNREALIZED DEPRECIATION - STONY STREET | 261,405 |
| BOOK-TAX DIFFERENCE - STONY STREET | 5,129 |
| STONY STREET DISTRIBUTIONS | 50,491 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STONY STREET INV. INT. EXPENSE | 224 | 224 | 224 | |
| STONY STREET OTHER DEDUCTIONS | 1,046 | 1,046 | 1,046 | |
| AMEX FEE | 65 | 65 | 65 | |
| MISC. EXPENSE | 91 | 91 | 91 | |
| INVESTMENT MANAGEMENT FEES | 38,793 | 38,793 | 38,793 | |
| MONEY TRANSFER FEES | 50 | 50 | 50 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MORGAN STANLEY REBATE PAYMENTS | 5 | 5 | 5 |
| Royalty Income | 7,711 | 7,711 | 7,711 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO CASH BALANCE | 89,378 |
| MORGAN STANLEY DEPOSITS | 806 |
| NET UNREALIZED APPRECIATION | 12,396 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY FOREIGN TAX | 2,643 | 2,643 | 2,643 | |
| STONY STREET FOREIGN TAX | 856 | 856 | 856 | |
| FEDERAL TAXES PAID IN 2011 | 13,349 | 13,349 | 13,349 |