| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,500 | 3,250 | 3,250 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CORPORATE STOCKS, BONDS & OTHER INVESTMENTS - DETAILS AVAILBLE | FMV | 1,226,300 | 1,608,257 |
| INVESTMENT IN URSULA CAPITAL PARTNERS | FMV | 606,736 | 606,736 |
| INVESTMENT IN ENTERPRISE PRODUCTS PARTNERS | FMV | 0 | 0 |
| INVESTMENT IN PLAINS ALL AMERICAN PIPELINE | FMV | 15,018 | 20,708 |
| INVESTMENT IN KINDER MORGAN ENERGY | FMV | 0 | 20,165 |
| Description | Amount |
|---|---|
| K-1 KINDER MORGAN ENERGY - NONDEDUCTIBLE PARTNERSHIP LOSS | 1,354 |
| K-1 ENTERPRISE PRODUCT PARTNERS - NONDEDUCTIBLE PARTNERSHIP LOSS | 106 |
| K-1 URSULA CAPITAL PARTNERS - NONDEDUCTIBLE PARTNERSHIP LOSS | 77 |
| K-1 KINDER MORGAN ENERGY - NONDEDUCTIBLE PARTNERSHIP EXPENSES | 5 |
| K-1 ENTERPRISE PRODUCT PARTNERS - NONDEDUCTIBLE PARTNERSHIP EXPENSES | 2 |
| K-1 PLAINS ALL AMERICAN PIPELINE - NONDEDUCTIBLE PARTNERSHIP LOSS | 351 |
| K-1 PLAINS ALL AMERICAN PIPELINE - NONDEDUCTIBLE PARTNERSHIP EXPENSES | 3 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| K-1 URSULA CAPITAL PARTNERSHIP | 12,438 | 12,438 | 0 | |
| OTHER INVESTMENT EXPENSES | 2,473 | 2,473 | 0 | |
| K-1 KINDER MORGAN | 333 | 333 | 0 | |
| OFFICE, MANAGEMENT & BOOKKEEPING | 4,725 | 3,150 | 1,575 | |
| NYS FILING FEE | 250 | 0 | 250 | |
| K-1 PLAINS ALL AMERICAN PIPELINE | 87 | 87 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM URSULA CAPITAL K-1 | 174 | 174 | 174 |
| FROM PLAINS ALL AMERICAN PIPELINE K-1 | -25 | -25 | -25 |
| FROM KINDER MORGAN K-1 | 29 | 29 | 29 |
| FROM ENTERPRISE PRODUCTS PARTNERS K-1 | 25 | 25 | 25 |
| Description | Amount |
|---|---|
| K-1 URSULA CAPITAL PARTNERS - UNREALIZED GAIN ON SECURITIES | 85,308 |
| K-1 URSULA CAPITAL PARTNERS - ACCRUED DIVIDENDS | 90 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| INVESTMENT IN KINDER MORGAN ENERGY | 0 | 2,081 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 12,639 | 12,639 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 5,157 | 5,157 | 0 |