| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 1,170 | 585 | 0 | 585 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN CAPITAL WORLD BOND | 400,009 | 424,454 |
| AMERICAN ST BOND | 243,957 | 245,256 |
| BLACKROCK INFL PROT BD CL C | 117,816 | 123,343 |
| DELAWARE DIV INC CL C | 99,250 | 103,132 |
| PIMCO ST CL C | 100,004 | 100,510 |
| DFA INTL CORE EQ | 0 | 0 |
| DFA US CORE EQ | 0 | 0 |
| DFA EMERG MKTS | 0 | 0 |
| US TGT VALUE | 0 | 0 |
| DFA INTL SM CAP VALUE | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INLAND AMERICAN REAL ESTATE TR | AT COST | 87,572 | 72,883 |
| BEHRINGER HARVARD MULTIFAMILY | AT COST | 82,492 | 100,300 |
| CB RICHARD ELLIS/CHAMBERS STR | AT COST | 67,991 | 64,107 |
| CERTIFICATES OF DEPOSIT | AT COST | 113,513 | 155,954 |
| NORTHSTAR R/E INC TR | AT COST | 215,608 | 225,000 |
| STEADFAST INC REIT | AT COST | 93,227 | 100,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 9,603 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 20 | 10 | 0 | 10 |
| INVESTMENT FEES | 2,347 | 2,347 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INVESTMENT INCOME | 3,155 | 3,155 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 175 | 175 | 0 | 0 |