| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 70,499 | 35,250 | 35,249 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BOND INVESTMENTS | 5,039,810 | 5,069,280 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUITY INVESTMENTS | AT COST | 37,660,344 | 38,350,837 |
| PARTNERSHIP INVESTMENTS | AT COST | 11,892,325 | 12,256,295 |
| OFFSHORE LONG/SHORT HEDGE FUNDS | AT COST | 38,070,818 | 37,674,535 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 144,354 | 72,177 | 72,177 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MICHIGAN ANNUAL REPORT | 20 | 20 | 0 | |
| INSURANCE | 3,000 | 3,000 | 0 | |
| BANK & BROKERAGE FEES | 4,006 | 4,006 | 0 | |
| BANK & BROKERAGE FEES (ALLOCATED TO TAX-EXEMPT) | 10,121 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP INCOME (LOSS) | -104,431 | -104,431 | -104,431 |
| UBTI PARTNERSHIP INCOME (LOSS) | -35,346 | -35,346 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 146,466 | 146,466 | 0 |
| Name | Address |
|---|---|
|
DAVID D KAHN IRREVOCABLE TRUST UTA DTD 51779 AS AMENDED |
8655 E EIGHT MILE RD WARREN,MI48089 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 17,344 | 0 | 0 |