| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,691 | 3,846 | 3,845 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 2,796,180 | 3,885,515 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIBERTY CENTER PARTNERSHIP | FMV | 7,567 | 7,567 |
| REIT BIOMED REALTY TRUST | FMV | 4,907 | 5,476 |
| REIT CORPORATE OFFICE PPTYS | FMV | 6,519 | 7,570 |
| REIT HOME PROPERTIES | FMV | 0 | 0 |
| REIT MFA FINANCIAL | FMV | 0 | 0 |
| REIT AMERICAN ASSETS | FMV | 6,303 | 6,756 |
| REIT PEBBLEBROOK HOTEL | FMV | 7,546 | 9,643 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 250 | 125 | 125 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 170 | 85 | 85 | |
| TAXES WITHHELD AT SOURCE | 75 | 75 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LIBERTY CENTER/AIRPORT PLAZA | 408 | 408 | 408 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 64,014 | 32,007 | 32,007 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 25 | 0 | 25 | |
| FORM 990-PF 4/30/12 TAXES | 2,952 | 0 | 0 |