| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL AND ACCOUNTING | 5,466 | 3,826 | 1,640 |
| Person Name | Explanation |
|---|---|
| FRANK E WILLIAMS JR | |
| HAROLD A WILLIAMS JR | |
| FRANK E WILLIAMS III |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| START-UP EXPENSES | 1997-10-15 | 1,156 | 1,156 | S/L | 5.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS - PURCHASED | 1,640,323 | 1,615,065 |
| INVESTMENTS - CONTRIBUTED | 768,992 | 411,966 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 1,156 | 1,156 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PRUDENT CAPITAL | 58,583 | 1,165 | 1,165 |
| INVESTMENT IN ATEGRA GROUP, LLC | 528 | 450 | 450 |
| INVESTMENT IN ATEGRA COMMUNITY | 27,057 | 21,882 | 21,882 |
| INVESTMENT IN PRUDENT CAPITAL II | 81,116 | 134,423 | 134,423 |
| INVESTMENT IN PRUDENT CAPITAL III | -19,411 | 4,840 | 4,840 |
| INVESTMENT IN COMPASS POINT PARTNERS | 90,475 | 56,936 | 56,936 |
| INVESTMENT-CAPITAL BANCORP NOTE | 72,000 | 72,000 | 72,000 |
| Description | Amount |
|---|---|
| EQUTY ADJ-PARTNERSHIPS | 5,818 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MISCELLANEOUS | 1,571 | 1,571 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 ORDINARY INCOME/LOSS | 8,131 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| INSTALLMENT AGREEMENT | 25,000 | 25,000 |
| MARGIN ACCOUNT | 37,721 | 147,384 |
| LOANS PAYABLE | 96,446 | 96,446 |
| ROUNDING | 2 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MGT FEES | 7,188 | 7,188 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES-OTHER | 1,139 | 1,139 |