| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 36,000 | 18,000 | 0 | |
| TAX PREPARATION | 4,759 | 1,759 | 2,000 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| COPIER | 1994-04-01 | 2,144 | 200DB | 5.000000000000 | 0 | 0 | |||
| COMPUTER/PRINTER | 1994-06-01 | 4,752 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2003-11-12 | 3,460 | 200DB | 7.000000000000 | 0 | 0 | |||
| BUILDING | 2000-06-15 | 135,193 | 61,654 | SL | 27.500000000000 | 4,916 | 0 | ||
| ROOF | 2001-11-07 | 3,970 | 1,602 | SL | 27.500000000000 | 144 | 0 | ||
| LAND | 2000-06-15 | 165,000 | L | 0 | 0 | ||||
| COMPUTER/PRINTER | 2004-01-01 | 1,572 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2004-01-01 | 8,070 | 200DB | 7.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2006-05-01 | 8,367 | 7,994 | 200DB | 7.000000000000 | 373 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERRILL LYNCH | 3,716,057 | 3,716,057 |
| TCI MANAGED ACCOUNT | 4,800,221 | 4,800,221 |
| WELLS FARGO ADVISERS | 1,932,013 | 1,932,013 |
| UBS YA 7770 | 4,801,444 | 4,801,444 |
| UBS BROKERAGE-7774 | 3,991,357 | 3,991,357 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIMITED PARTNERSHIP INTERESTS | FMV | 1,079,813 | 1,079,813 |
| ARTWORK | AT COST | 4,925 | 4,925 |
| MVP FUND OF FUNDS | FMV | 350,000 | 350,000 |
| EDGE PORTFOLIO MANAGEMENT | FMV | 1,668,461 | 1,668,461 |
| WFA 2460 | FMV | 4,274,600 | 4,274,600 |
| NORTHERN TRUST CD'S | AT COST | 214,574 | 214,574 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COPIER | 2,144 | 2,144 | 0 | |
| COMPUTER/PRINTER | 4,752 | 4,752 | 0 | |
| OFFICE FURNITURE | 3,460 | 3,460 | 0 | |
| BUILDING | 135,193 | 66,570 | 68,623 | |
| ROOF | 3,970 | 1,746 | 2,224 | |
| LAND | 165,000 | 0 | 165,000 | |
| COMPUTER/PRINTER | 1,572 | 1,572 | 0 | |
| OFFICE FURNITURE | 8,070 | 8,070 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,683 | 283 | 750 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 346 | 120 | 26 | |
| WEBSITE | 373 | 0 | 373 | |
| POSTAGE & OFFICE | 184 | 0 | 0 | |
| OTHER EXPENSES | 2,146 | 0 | 0 | |
| INSURANCE | 1,361 | 1,361 | 0 | |
| REPAIRS & MAINTENANCE | 278 | 278 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| VENTURE IV K-1 | 1 | 1 | 1 |
| VENTURE IV K-1 | 8,333 | 8,333 | 8,333 |
| VENTURE V K-1 | -2,910 | -2,910 | -2,910 |
| UNRECAPTURED 1250 GAIN | 18 | 18 | 18 |
| PLAINS ALL AMERICAN PIPELINE K-1 PASS THRU | -74 | -74 | -74 |
| VENTURE INVESTMENT ASSOC V | 1 | 1 | 1 |
| KKR & CO | 5 | 5 | 5 |
| KKR & CO LP | -525 | -525 | -525 |
| VENTURE III K-1 | 106 | 106 | 106 |
| Description | Amount |
|---|---|
| NON-TAXABLE DISTRIBUTIONS | 36,401 |
| NON-TAXABLE INCOME | 11 |
| BOOK TAX DIFFERENCES ON LIMITED PARTNERSHIPS | 45,549 |
| UNREALIZED GAIN/LOSS | 59,170 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS | 717 | 337 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT ADMINISTRATION FEES | 360,000 | 0 | 360,000 | |
| ASSET MANAGEMENT FEES | 136,778 | 136,778 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 4,411 | 4,411 | 0 | |
| PROPERTY TAXES | 8,301 | 8,301 | 0 |