| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 29,561 | 29,561 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WESTGATE INTERNATIONAL | AT COST | 184,283 | 1,291,030 |
| M/L THREE, LLC | AT COST | 4,478,515 | 5,340,201 |
| JMD PARTNERSHIP | AT COST | 1,296,945 | 1,410,974 |
| MDM PARTNERS FUND, LLC | AT COST | 483,249 | 741,409 |
| CRP EXEMPT FUND | AT COST | 390,287 | 501,177 |
| HIGHFIELDS CAPITAL | AT COST | 0 | 906,571 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,986 | 5,986 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME TAX RECEIVABLE | 12,210 | 2,881 | 2,881 |
| Description | Amount |
|---|---|
| PASSTHROUGH NONDEDUCTIBLE EXPENSES | 1,554 |
| NONDEDUCTIBLE PENALTIES | 2,266 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 50,853 | 50,853 | 0 | |
| MANAGEMENT FEES | 16,938 | 16,938 | 0 | |
| CUSTODIAL FEES | 2,250 | 2,250 | 0 | |
| EMPLOYEE BENEFITS | 8,979 | 8,979 | 0 | |
| OFFICE EXPENSE | 29,410 | 29,410 | 0 | |
| POSTAGE & SHIPPING | 503 | 503 | 0 | |
| INSURANCE | 489 | 489 | 0 | |
| TELEPHONE | 599 | 599 | 0 | |
| REPAIRS & MAINTENANCE | 638 | 638 | 0 | |
| AMORTIZATION | 53 | 53 | 0 | |
| NORTH POINT EXPENSE | 4 | 4 | 0 | |
| BROKER FEES | 143 | 143 | 0 | |
| AUTOMOBILE | 59 | 59 | 0 | |
| PROGRAM DIRECTOR | 25,000 | 0 | 25,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PTNSHIP K-1 INCOME (LOSS) | -104,449 | -104,449 | -104,449 |
| OTHER K-1 LOSSES | -11,878 | -11,878 | -11,878 |
| Description | Amount |
|---|---|
| TAX EXEMPT INTEREST | 139 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO INVESTMENT PARTNERSHIP | 379,941 | 119,691 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 2,204 | 2,204 | 0 | |
| TAXES & LICENSE | 124 | 124 | 0 | |
| ML 3 STATE TAXES PAID | 1,014 | 1,014 | 0 | |
| JMD STATE TAXES PAID | 2,644 | 2,644 | 0 | |
| FOREIGN TAXES PAID | 3,674 | 3,674 | 0 | |
| EXCISE TAX | 2,063 | 0 | 0 | |
| CA TAX PAID | 1,317 | 1,317 | 0 |