| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 23,565 | 0 | 0 | 20,345 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| PROGRAM DESCRIPTIONS FOR CHARITABLE ACTIVITIES | FORM 990PF, PART IX-A, SUMMARY OF DIRECT CHARITABLE ACTIVITIES | CAMARGO FOUNDATION MAINTAINS A STUDY CENTER IN CASSIS, FRANCE, FOR INDIVIDUAL SCHOLARS AND ARTISTS, WELCOMED TO THE CAMPUS FOR FELLOWSHIP RESIDENCIES. IT IS A RESIDENTIAL CENTER OFFERING PROGRAMMING IN THE HUMANITIES AND THE ARTS. IT PROVIDES TIME AND SPACE IN A CONTEMPLATIVE ENVIRONMENT TO THINK, CREATE, AND CONNECT. THE FOUNDATION ENCOURAGES THE VISIONARY WORK OF SCHOLARS, ARTISTS, AND THOUGHT LEADERS IN THE ARTS AND HUMANITIES.CAMARGO FOUNDATION ALSO HOSTS CULTURAL EVENTS AND MEETINGS FOR ITS REGIONAL COMMUNITY, WHICH INCLUDES MARSEILLE, FRANCE'S LARGEST CITY, 20 MILES AWAY. IN 2013, A YEAR OF REBUILDING, CAMARGO FOUNDATION MADE SIGNIFICANT ADVANCES IN ARRANGING FOR THE RE-START OF ITS CORE PROGRAM, REVAMPING ITS BUDGET, HIRING STAFF, AND PROVIDING SELECT RESIDENCIES TO FELLOWS IN THE ARTS AND HUMANITIES. AS OF JANUARY 26, 2013, THE CAMARGO FOUNDATION BEGAN OPERATING IN AFFILIATION WITH THE JEROME FOUNDATION. THE FOUNDATIONS HAVE THE SAME FOUNDER, JEROME HILL (1905-1972). NEW TRUSTEES WERE ELECTED ON JANUARY 26, 2013. THE TWO FOUNDATIONS REMAIN LEGALLY SEPARATE. ADMINISTRATIVE ALIGNMENTS AND SHARED SERVICES HAVE FINANCIALLY BENEFITTED CAMARGO FOUNDATION. A FORMAL OPERATING AGREEMENT HAS BEEN SIGNED BY BOTH ENTITIES. A NEW CAMARGO FOUNDATION PROGRAM DIRECTOR BASED IN CASSIS WAS HIRED IN EARLY 2014.CAMARGO FOUNDATION ANNOUNCED IN THE FALL OF 2013 THE RESUMPTION OF THE CORE CAMARGO FELLOWSHIP PROGRAM, WITH AN APPLICATION DEADLINE IN JANUARY OF 2014. THERE WILL BE 18 FELLOWS, 9 SCHOLARS AND 9 ARTISTS IN THE FALL OF 2014 AND THE SPRING OF 2015. THE PLANNING FOR THIS TOOK PLACE FROM MARCH THROUGH AUGUST 2013. THE SIZE OF THE PROGRAM IS SMALLER THAN THE 20 TO 22 FELLOWS FROM PREVIOUS YEARS BUT REPRESENTS A STRONG REENTRY.IN 2013, THE BOARD OF TRUSTEES COMMITTED TO THREE YEARS OF EXPERIMENTATION IN TERMS OF PROGRAMMING, AND THE SERIOUS PURSUIT OF PARTNERSHIPS WITH CREDIBLE AND EXPERIENCED ARTS AND EDUCATIONAL ORGANIZATIONS, TO FILL THE CAMARGO CAMPUS REGULARLY THROUGHOUT THE YEAR. SEVERAL PROGRAM PARTNERSHIPS WERE DEVELOPED IN 2013, INCLUDING A MONTH-LONG RESIDENCY OF SELECT FELLOWS FROM THE BREAD LOAF WRITER'S CONFERENCE/MIDDLEBURY COLLEGE IN MAY OF 2014 AND 2015, AND A MONTH-LONG RESIDENCY (JUNE - JULY 2014) OF ARTISTS WITH THE BAU INSTITUTE, NEW YORK CITY. PROGRAM PLANNING WAS UNDERTAKEN WITH A WIDE VARIETY OF POTENTIAL PARTNERS INCLUDING FACE (FRENCH-AMERICAN CULTURAL EXCHANGE), THE NATIONAL ENDOWMENTS FOR THE ARTS AND THE HUMANITIES, SUNDANCE INSTITUTE, THE PLAYWRIGHT'S CENTER, THE MUSEUM OF THE CIVILIZATIONS OF EUROPE AND THE MEDITERRANEAN, THE AMERICAN UNIVERSITY IN AIX, THE UNIVERSITY OF MINNESOTA, AND SEVERAL OTHERS. DURING 2013, THE FOUNDATION COMMITTED TO INVITATIONAL RESIDENCIES OF SCHOLARS AND ARTISTS AND SUBSIDIZED SUMMER RENTALS BY FORMER CAMARGO FELLOWS TO PURSUE THEIR SCHOLARLY AND ARTISTIC WORK. IT WANTED MISSION-RELATED PROGRAMMING ON SITE DURING THE YEAR PRIOR TO THE RESUMPTION OF THE CORE PROGRAM. THE BOARD APPROVED THE THREE INVITATIONAL RESIDENCIES AND THE SUMMER SCHOLARS PROGRAM RECOMMENDED BY FOUNDATION STAFF.FROM THE PERIOD OF JANUARY 2013 THROUGH JUNE 2013, THE FOUNDATION HOSTED THREE RESIDENCIES OF ONE ARTIST AND TWO HUMANITIES/CULTURAL SCHOLARS. SCHOLAR AND ARTS AND HUMANITIES LEADER CATHERINE JORDAN, MINNEAPOLIS, MINNESOTA, RESEARCHED AND DEVELOPED AN OPERATING AND CAPITAL PROGRAM FOR A NEW CHARTER SCHOOL IN MINNESOTA, THE UPPER MISSISSIPPI ACADEMY, WHICH FOCUSES IN PART ON THE CULTURAL EDUCATION OF YOUNG PEOPLE (K-12). JORDAN WAS DIRECTOR OF ADVANCEMENT AND PARTNERSHIPS FOR THE SCHOOL. JORDAN DEVELOPED SCRIPTS DESCRIBING THE SCHOOL'S MISSION AND CURRICULUM IN ENGLISH, SPANISH, AND SOMALI TRANSLATIONS. SHE RESEARCHED ECOLOGICAL AND CULTURAL TOPICS, INCLUDING "READ ECO MIND" BY FRANCES MOORE LAPPE, IN PREPARATION FOR A NATIONAL ECO LITERACY WORKSHOP IN SAN ANSELMO, CALIFORNIA. JORDAN RESEARCHED POTENTIAL CURRICULAR PARTNERS FOR THE NEW LEARNING PATHWAYS OF THE UPPER MISSISSIPPI ACADEMY. JORDAN EXPLORED FRENCH CUISINE TO BRING CONCEPTS TO THE EDIBLE SCHOOL YARD LEARNING PATHWAY, AND DEVELOPED A FUNDRAISING CAMPAIGN TIMELINE, WITH GIFT PYRAMID, AND LIST OF PROSPECTS.SCULPTOR AND PUBLIC ARTIST SEITU JONES, SAINT PAUL, MINNESOTA, WORKED ON THE CREATION OF NEW WORKS ON PAPER IN THE ARTIST'S STUDIO ON CAMPUS. JONES IS A NATIONALLY RECOGNIZED ARTIST AND PROFESSOR (GODDARD COLLEGE). HE WORKS IN A VARIETY OF MEDIA, EVOLVING FROM MURAL MAKING TO ABSTRACT CULTURAL RELIEFS TO SCULPTURAL INSTALLATIONS AND PUBLIC INFRASTRUCTURE WORKS. JONES HAS CREATED MORE THAN 30 LARGE-SCALE WORKS OR ART AND WAS ARTIST-IN-RESIDENCE FOR THE CITY OF MINNEAPOLIS. JONES WORKED ON THE CONCEPTUALIZATION OF AND PLANNING FOR "THE COMMUNITY MEAL", A PUBLIC ART WORK CONSISTING OF A DINNER STRETCHING A HALF-MILE-LONG ACROSS THE CITY OF SAINT PAUL WHERE 2,000 PARTICIPANTS WILL DINE. THE WORK EXPLORES IDEAS OF FOOD DESSERTS, CONSUMPTION, MARKETING AND PRODUCTION OF FOOD, AND BRINGS PEOPLE TOGETHER FOR DYNAMIC DIALOGUE AND EXCHANGE. THE MEAL WILL TAKE PLACE IN SEPTEMBER 2014, AND WILL BE THE CULMINATION OF A YEARLONG LISTENING PROJECT CONDUCTED BY JONES. URBAN FARMERS, RESTAURANTS, CHEFS, AND SPOKEN-WORD ARTISTS WILL SUPPORT IT. THE PROJECT RECEIVED MAJOR SUPPORT FROM THE JOYCE FOUNDATION. THE CAMARGO FOUNDATION SUPPORTED JONES'S RESIDENCY. THOMAS BORRUP, MINNEAPOLIS, MINNESOTA, WORKED ON HIS DISSERTATION, ADVANCING HIS ACADEMIC SCHOLARSHIP AND PROFESSIONAL PARTICIPATION IN ARTS AND CULTURAL MANAGEMENT EDUCATION. HE WROTE THE FIRST THREE CHAPTERS OF HIS DISSERTATION IN PURSUIT OF A PHD IN LEADERSHIP AND CHANGE THROUGH ANTIOCH UNIVERSITY. THE CHAPTERS PROVIDED THE RATIONALE, LITERATURE REVIEW, AND METHODOLOGY FOR SUBSEQUENT FIELD RESEARCH. HIS DISSERTATION COMMITTEE REVIEWS THOSE CHAPTERS AND APPROVES THEM PRIOR TO FIELD RESEARCH. BORRUP'S DISSERTATION EXAMINES THE SOCIAL AND ORGANIZATIONAL NETWORKS OPERATING WITHIN URBAN CULTURAL DISTRICTS AND HOW THE PRESENCE OF ARTISTS AND CULTURAL ACTIVITIES PROMOTE MORE HORIZONTAL RELATIONSHIPS (CROSS-SECTOR, CROSS-PROFESSION, CROSS-RACE, CLASS, ETC.). THEORY SUGGESTS THAT CULTURAL DISTRICTS THAT COME INTO BEING THROUGH GRASSROOTS EFFORTS CONTRIBUTE TO MORE POSITIVE SOCIAL OUTCOMES AND THAT CULTURAL DISTRICTS FOSTER GREATER HORIZONTAL ORGANIZING VS. OTHER INDUSTRY CLUSTERS. IN ADDITION, DURING HIS RESIDENCY, BORRUP PARTICIPATED IN A TEAM REVIEWING AND UPDATING STANDARDS USED BY THE ASSOCIATION OF ARTS ADMINISTRATION EDUCATORS TO ASSESS STUDENT ACHIEVEMENT AND TO GUIDE ARTS AND CULTURAL MANAGEMENT PROGRAMS INTERNATIONALLY IN CURRICULUM DEVELOPMENT. HIS ROLE WAS TO REVIEW AND RE-WRITE STANDARDS RELATED TO COMMUNITY ENGAGEMENT. BORRUP ALSO CULTIVATED THE SEEDS OF A "CREATIVE PLACEMAKING" SEMINAR PROPOSED FOR THE CAMARGO FOUNDATION IN 2015.DURING THE SUMMER OF 2013, THE CAMARGO FOUNDATION INVITED FORMER CAMARGO FELLOWS TO WORK ON THE CAMARGO CAMPUS VIA SUBSIDIZED, BELOW-MARKET RENTALS ON THEIR SCHOLARLY AND ARTISTIC WORK.BILL BURGWINKLE, PROFESSOR IN MEDIEVAL FRENCH AND OCCITAN LITERATURE AT THE UNIVERSITY OF CAMBRIDGE AND FELLOW, RESEARCH MANAGER AND DIRECTOR OF STUDIES AT KING'S COLLEGE, CAMBRIDGE, ENGLAND, WORKED ON FINISHING A BOOK ON OCCITAN INTELLECTUAL HISTORY THROUGH TROUBADOUR TREATIES, A NOVEL ON THE ARTS WORLD IN HAWAII, A PHD THESE ON CARBON EMISSIONS, AND THE ADAPTATION OF A BLOG/WEBSITE ON PARIS INTO A BOOK.OLIVIA HERSCHENSOHN, PEABODY MUSEUM OF ARCHAEOLOGY AND ETHNOLOGY, HARVARD UNIVERSITY, MASSACHUSETTS, AND BERTRAND HAAS, COMPUTATIONAL BIOLOGIST AT BROAD INSTITUTE, CAMBRIDGE, MASSACHUSETTS, WORKED ON A PROJECT ON STATISTICAL ANALYSIS OF HIGH DIMENSION POLYTOPES.JENNIFER JONES, ASSOCIATE PROFESSOR, DEPARTMENT OF WOMEN'S AND GENDER STUDIES, RUTGERS UNIVERSITY, WORKED ON FINISHING HER BOOK ON THERESE'S ENLIGHTENMENT: WOMEN IN THE SHADOWS OF THE PUBLIC SPHERE IN 18TH CENTURY FRANCE. MICHELE LONGINO, PROFESSOR OF ROMANCE STUDIES AND CAMPUS DIRECTOR, DUKE IN FRANCE PROGRAM, DUKE UNIVERSITY, WORKED ON CHAPTER THREE OF HER BOOK PROJECT ON LAURENT D'ARVIEUX, PART OF WHICH WAS PRESENTED AT A CONFERENCE IN AIX, FRANCE. FRANCOIS RIGOLOT, EMERITUS MEREDITH HOWLAND PYNE PROFESSOR OF FRENCH LITERATURE AND PROFESSOR OF FRENCH AND ITALIAN, PRINCETON UNIVERSITY, AND CAROL RIGOLOT, DIRECTOR OF THE COUNCIL FOR THE HUMANITIES, PRINCETON UNIVERSITY, WORKED ON SCHOLARLY ARTICLES ON THE FRENCH RENAISSANCE (FRANCOIS) AND SAINT-JOHN PERSE (CAROL).PHILIP STEWART, BENJAMIN E. POWELL EMERITUS PROFESSOR OF ROMANCE STUDIES AND FRENCH STUDIES, DUKE UNIVERSITY, AND JOAN STEWART, PRESIDENT OF HAMILTON COLLEGE AND FORMER DEAN OF THE COLLEGE OF LIBERAL ARTS AND PROFESSOR OF FRENCH AT THE UNIVERSITY OF SOUTH CAROLINA, RESEARCHED AND WORKED ON TEXTS ON MONTESQUIEU (PHILIP) AND 18TH CENTURY FRENCH WOMEN WRITERS (JOAN).ALEC STONE SWEET, LEITNER PROFESSOR OF LAW, POLITICS, AND INTERNATIONAL STUDIES, YALE LAW SCHOOL AND THE DEPARTMENT OF POLITICAL SCIENCE, YALE UNIVERSITY, DID RESEARCH IN AIX-EN-PROVENCE FOR A BOOK ON FUNDAMENTAL RIGHTS AND THE TRANSFORMATION OF EUROPEAN CONSTITUTIONAL LAW (UNDER CONTRACT WITH OXFORD UNIVERSITY PRESS). HE USED HIS TIME AT CAMARGO FOR FULL-TIME WRITING.LAURA TALAMANTE, ASSOCIATE PROFESSOR, CALIFORNIA STATE UNIVERSITY, DOMINGUEZ HILLS, CALIFORNIA, WORKED ON A COLLABORATIVE MANUSCRIPT PROJECT WITH UNIVERSITY OF AIX-MARSEILLE PROFESSORS DR. FAGGION AND DR. REGINA. THEY EXPLORED THE CAUSE OF CELEBRE OF MARSEILLE'S ROSE-MICHEL REYNOIR, DAUGHTER OF A WEALTHY SHIPBUILDER, AND DOMINIQUE BARTHELEMEY CORNET, CONSUL OF THE REPUBLIC OF VENICE. THE CASE SPANS OVER TWENTY YEARS AND ALLOWS EXPLORATION OF ECONOMIC, FAMILIAL, AND JUDICIAL PRACTICES IN FRANCE AND THE VENETIAN REPUBLIC.VIDEO ARTIST CHARLOTTA WESTERGREN FINISHED A WORK ON VIDEO THAT SHE STARTED DURIN |
| RESTRICTIONS | FORM 990PF, PART XV, SUPPLEMENTAL INFORMATION, LINE 2D | THE FOUNDATION'S PRIMARY PROGRAM CONSISTS OF INDIVIDUAL FELLOWSHIP RESIDENCIES OF ONE TO THREE MONTHS. THE FOUNDATION'S CAMPUS INCLUDES TWELVE FURNISHED APARTMENTS, A REFERENCE LIBRARY, A MUSIC/CONFERENCE ROOM, AN OPEN-AIR THEATER, AN ARTIST'S STUDIO WITH DARKROOM AND A COMPOSER'S STUDIO. THE FOUNDATION WELCOMES SCHOLARS AND ARTISTS FROM ALL COUNTRIES AND NATIONALITIES AS WELL AS ALL CAREER LEVELS. THE FOUNDATION WELCOMES APPLICANTS FROM INDIVIDUALS IN THE FOLLOWING AREAS:- SCHOLARS WORKING IN FRENCH AND FRANCOPHONE CULTURES, INCLUDING CROSS-CULTURAL STUDIES THAT ENGAGE THE CULTURES AND INFLUENCES OF THE MEDITERRANEAN REGION.- VISUAL ARTISTS, CREATIVE WRITERS, FILM/VIDEO/NEW MEDIA DIRECTORS, PLAYWRIGHTS, COMPOSERS, CHOREOGRAPHERS, AND MULTIDISCIPLINARY ARTISTS. APPLICANTS TO THE CAMARGO FOUNDATION MAY INCLUDE:- MEMBERS OF UNIVERSITY AND COLLEGE FACULTIES WHO WISH TO PURSUE SPECIAL STUDIES WHILE ON LEAVE FROM THEIR INSTITUTIONS;- INDEPENDENT SCHOLARS AND PROFESSORS EMERITI WORKING ON SPECIFIC PROJECTS;- TEACHERS IN SECONDARY SCHOOLS, PUBLIC OR PRIVATE, BENEFITING FROM A LEAVE OF ABSENCE IN ORDER TO WORK ON SOME PEDAGOGICAL OR SCHOLARLY PROJECT;- GRADUATE STUDENTS WHOSE ACADEMIC RESIDENCE AND GENERAL REQUIREMENTS HAVE BEEN MET AND FOR WHOM A STAY IN FRANCE WOULD BE BENEFICIAL IN COMPLETING THE DISSERTATION REQUIRED FOR THEIR DEGREE;- COMPOSERS, CREATIVE WRITERS, CHOREOGRAPHERS, FILM/VIDEO/NEW MEDIA DIRECTORS, VISUAL ARTISTS, PLAYWRIGHTS, AND MULTIDISCIPLINARY ARTISTS WORKING ON SPECIFIC PROJECTS OR SPECIFIED AREASOF CREATIVE INQUIRY. CONDITIONS OF THE FELLOWSHIP:- THE CAMARGO FELLOWSHIP IS A RESIDENTIAL GRANT. FELLOWS WHO NEED ADDITIONAL FUNDS FOR LIVING OR RESEARCH EXPENSES SHOULD APPLY FOR THEM FROM OTHER SOURCES. FELLOWS MAY NOT ACCEPT GAINFUL EMPLOYMENT THAT COINCIDES WITH THEIR STAY AT CAMARGO. FEES FOR OCCASIONAL LECTURES OR PARTICIPATION IN SEMINARS ARE ALLOWED. - SPOUSES/ADULT PARTNERS AND DEPENDENT MINOR CHILDREN MAY ACCOMPANY FELLOWS FOR SHORT STAYS OR FOR THE DURATION OF THE RESIDENCY. BECAUSE OF PHYSICAL ARRANGEMENTS AT THE CAMARGO FOUNDATION, ACCOMPANYING CHILDREN MUST BE AT LEAST SIX YEARS OLD UPON ARRIVAL, AND ENROLLED IN AND ATTEND SCHOOL. ONLY THOSE WHOSE NAMES APPEAR ON THE APPLICATION FORM MAY BE IN RESIDENCE.- FELLOWS MUST ACTUALLY BE IN RESIDENCE AT THE FOUNDATION. THIS STIPULATION DOES NOT PRECLUDE ABSENCES DURING WEEKENDS AND RECESSES THAT COINCIDE WITH THOSE OF THE FRENCH SCHOOLS IN THE MARSEILLE-AIX-CASSIS AREA. FREQUENT OR PROLONGED ABSENCES ARE UNACCEPTABLE. - THE TIME IN CASSIS MUST BE SPENT ON THE PROJECT PROPOSED TO AND ACCEPTED BY THE SELECTION COMMITTEE; I.E. THE PROJECT MAY NOT BE SUBSTANTIALLY ALTERED WITHOUT THE APPROVAL OF THE COMMITTEE.- PROJECT DISCUSSIONS ARE HELD ONCE A WEEK (EXCEPT DURING SEMESTER BREAKS) SO EACH FELLOW HAS AN OPPORTUNITY TO PRESENT THE PROJECT S/HE IS WORKING ON TO THE GROUP. THE PROJECT DISCUSSION SERVES AS A PROGRESS REPORT. ALL FELLOWS ARE REQUIRED TO BE PRESENT AT THESE DISCUSSIONS. A WRITTEN REPORT WILL BE REQUIRED AT THE END OF THE RESIDENCY. - FELLOWS ARE ASKED TO GIVE A COPY OF ANY COMPLETED WORK TO THE CAMARGO LIBRARY. ANY PUBLICATION, EXHIBIT, OR PERFORMANCE RESULTING FROM THE GRANT SHOULD GIVE CREDIT TO THE FOUNDATION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD TOTAL BOND MARKET INDEX FUND (NON-USGO PORTION) | 780,510 | 780,510 |
| VANGUARD INTERMEDIATE-TERM INV GRADE FUND (NON-USGO PORTION) | 730,147 | 730,147 |
| VANGUARD SHORT-TERM INV GRADE FUND (NON-USGO PORTION) | 463,723 | 463,723 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD MID-CAP GROWTH FUND | 388,193 | 388,193 |
| VANGUARD WINDSOR II FUND ADMIRAL | 893,126 | 893,126 |
| VANGUARD STRATEGIC EQUITY FUND | 396,277 | 396,277 |
| VANGUARD TOTAL STOCK MARKET INDEX FUND INST | 3,137,696 | 3,137,696 |
| VANGUARD GROWTH INDEX FUND INSTITUTIONAL | 898,933 | 898,933 |
| VANGUARD REIT INDEX FUND INST | 502,822 | 502,822 |
| VANGUARD INTERNATIONAL GROWTH FUND ADMIRAL | 518,454 | 518,454 |
| VANGUARD INTERNATIONAL VALUE FUND | 516,096 | 516,096 |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FND INST | 1,011,985 | 1,011,985 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 411,669 | 0 | 411,669 | 411,669 |
| BUILDINGS | 2,273,995 | 1,229,265 | 1,044,730 | 1,044,730 |
| IMPROVEMENTS | 457,543 | 223,855 | 233,688 | 233,688 |
| FURNITURE AND FIXTURES | 180,134 | 180,134 | 0 | |
| VEHICLES | 24,470 | 24,470 | 0 | |
| LIBRARY HOLDINGS | 122,484 | 121,266 | 1,218 | 1,218 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 24,019 | 0 | 0 | 24,019 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CURRENCY TRANSLATION ALLOWANCE | 123,818 | 123,342 | 123,342 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 114,381 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 1,196 | 1,032 | 0 | 164 |
| INSURANCE | 11,739 | 0 | 0 | 16,967 |
| COMMUNICATIONS | 18,163 | 0 | 0 | 18,163 |
| PROGRAM/PROMOTION EXPENSES | 2,737 | 0 | 0 | 2,737 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FOREIGN EXCHANGE GAIN | 27,334 | 27,334 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 17,555 | 0 | 0 | 16,425 |
| INVESTMENT FEES | 21,836 | 21,836 | 21,836 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,272 | 0 | 0 | 0 |