| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION | 381 | |||
| ACCOUNTING FOR INVESTMENTS | 1,335 | 1,335 | ||
| ACCOUNTING FOR GRANTS | 191 | 191 |
| 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 |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHEVY CHASE | 242,224 | 268,787 |
| ISRAEL BONDS | 2,500 | 2,500 |
| FIDELITY INVESTMENTS | 95,324 | 99,926 |
| SMITH BARNEY | ||
| SMITH BARNEY ACCRUED BOND INT |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SMITH BARNEY PORTFOLIO | ||
| CHEVY CHASE PORTFOLIO | 274,837 | 419,303 |
| FIDELITY INVESTMENTS | 138,375 | 145,385 |
| FIXED INCOME CCT | 75,066 | 75,066 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PORTFOLIO ADVISORY FEES | 7,552 | 7,552 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT - BASIS ADJ | 84,556 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
WATERFRONT TOWER LOAN - UNIT 204 |
151,810 |
|
WATERFRONT TOWER LOAN - UNIT 111 |
90,617 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES ON DIVIDENDS | 244 | 244 | ||
| FEDERAL EXCISE TAX PAID | 1,000 |