| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,965 | 3,965 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| $100,000 SPRINT NEXTEL CORP SENIOR NOTES 8.375% | 98,940 | 115,710 |
| $250,000 GENERAL MOTORS ACCEPT CORP. 8% | 237,712 | 295,625 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 2,000 SHS ALLIANT ENERGY CORP. | 58,369 | 103,200 |
| 12,000 SHS ANTHRACITE CAP. INC. | 51,992 | 0 |
| 3,000 SHS AT&T INC. | 82,558 | 105,480 |
| 1,000 SHS BRISTOL MYERS SQUIBB | 25,855 | 53,150 |
| 6,000 SHS CONSOLIDATED EDISON, INC. | 196,005 | 331,680 |
| 6,000 SHS EMPIRE DISTRICT ELECTRIC | 121,209 | 136,140 |
| 3,495 SHS GENERAL MOTORS CO | 284,891 | 142,841 |
| 3,177 WARRANTS GENERAL MOTORS CO EXPIRING 7/10/16 | 186,478 | 98,932 |
| 3,177 WARRANTS GENERAL MOTORS CO EXPIRING 7/10/19 | 142,885 | 73,452 |
| 3,000 SHS GREAT PLAINS ENERGY | 72,708 | 72,720 |
| 10,000 SHS HUNTSMAN CORP. | 32,406 | 246,000 |
| 3,500 SHS PEPCO HOLDINGS INC. | 0 | 0 |
| 6,000 SHS PITNEY BOWES INC. | 129,046 | 139,800 |
| 410 SHS ROYAL BANK OF SCOTLAND GROUP PLC ADR | 51,515 | 4,645 |
| 2,146.412 SHS ROYAL DUTCH SHELL | 93,578 | 152,975 |
| 2,000 SHS WESTAR ENERGY, INC. | 46,726 | 64,340 |
| 10,000 SHS XCEL ENERGY, INC. | 0 | 0 |
| 6,000 SHS METLIFE 6.5% PFD. | 125,208 | 149,400 |
| 7,012 SHS PRUDENTIAL PLC 6.75% | 133,214 | 173,337 |
| 3,000 SHS ANNALY CAPITAL MANAGEMENT INC. | 49,780 | 29,910 |
| 117.965 SHS ROYAL DUTCH SHELL PLC | 7,796 | 8,407 |
| 10,000 SHS XCEL ENERGY INC. | 266,150 | 279,400 |
| 2,000 SHS ANNALY CAPITAL MANAGEMENT INC. | 23,716 | 19,940 |
| 4,000 SHS BOSTON SCIENTIFIC CORP | 25,105 | 48,080 |
| 9,000 SHS EXELON CORPORATION | 291,706 | 246,510 |
| 4,000 SHS PITNEY BOWES INC | 86,200 | 93,200 |
| 342 SHS WMI HLDGS CORP | 0 | 964 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 8,000 UNITS CHENIERE ENERGY PARTNERS LP | FMV | 45,179 | 229,200 |
| 27,958.203 SHS ADAMS EXPRESS CO | FMV | 304,642 | 365,414 |
| 5,000 SHS COHEN & STEERS INFRASTRUCTURE FUND INC. | FMV | 75,721 | 103,000 |
| 16,000 UNITS NORTH EUROPEAN OIL ROYALTY TRUST | FMV | 201,458 | 319,680 |
| 2,900 UNITS NORTH EUROPEAN OIL ROYALTY TRUST | FMV | 64,475 | 57,942 |
| 1,903.786 SHS ADAMS EXPRESS CO | FMV | 23,747 | 24,882 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS RECEIVABLE | 1,350 | 1,500 | 1,500 |
| SUNDRY RECEIVABLE | 34 | 34 |
| Description | Amount |
|---|---|
| DECREASE OF STOCK FROM FAIR MARKET VALUE TO DONOR'S BASIS | 5,480 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NEW YORK STATE FILING FEE | 250 | 250 | 0 | |
| ROYALTY TRUST EXPENSE | 1,694 | 1,694 | 0 | |
| OFFICE SUPPLIES | 149 | 149 | 0 | |
| PASS THROUGH FROM PARTNERSHIP - CHENIERE ENERGY PARTNERS, LP | 4 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME - NORTH EUROPEAN OIL ROYALTY TRUST | 38,911 | 38,911 | 38,911 |
| LOSS FROM PUBLICLY TRADED PARTNERSHIP - CHENIERE ENERGY PARTNERS LP | -7,202 | 0 | -7,202 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN PAYABLE SECTION 4941(D)(2) | 0 | 20,000 |
| Name | Address |
|---|---|
| JOHN A LOCONSOLO |
12 SOUTH RAM ISLE DRIVE SHELTER ISLAND,NY11964 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 5,985 | 0 | 0 |