| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 3,230 | 3,230 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GRANGER FINANCIAL GROUP (GFG) | 4,900,151 | 7,146,487 |
| MERRILL LYNCH - 04E04 | 207,255 | 268,358 |
| MERRILL LYNCH - 04E06 | 221,213 | 266,136 |
| MERRILL LYNCH - 04E07 | 484,292 | 484,292 |
| MERRILL LYNCH - 04E08 | 565,234 | 581,169 |
| MERRILL LYNCH - 04E10 | 494,791 | 580,347 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LIFE INSURANCE POLICY - RKG | 532,639 | 548,336 | 983,462 |
| LIFE INSURANCE POLICY - JPG | 528,691 | 544,209 | 1,092,946 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 25,086 | 25,086 | 0 | |
| FOREIGN TAXES PAID | 6,410 | 6,410 | 0 | |
| MISCELLANEOUS | -11,910 | -11,910 | 0 | |
| BANK FEES | 840 | 840 | 0 | |
| SOFTWARE SUPPORT | 3,607 | 3,607 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| UNREALIZED GAIN/LOSS - LIFE INSURANCE | 62,155 | 93,370 |