| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,000 | 8,000 | 4,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CORPORATE STOCKS, BONDS & OTHER INVESTMENTS - DETAILS AVAILABLE | FMV | 2,701,234 | 3,201,633 |
| INVESTMENT IN URSULA CAPITAL PARTNERS | FMV | 1,239,916 | 1,239,916 |
| INVESTMENT IN ENTERPRISE PRODUCTS PARTNERS | FMV | 0 | 0 |
| INVESTMENT IN EL PASO PIPELINE PARTNERS | FMV | 0 | 0 |
| INVESTMENT IN PLAINS ALL AMERICAN PIPELINE | FMV | 0 | 0 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER INVESTMENT EXPENSES | 3,050 | 3,050 | 0 | |
| OFFICE, MANAGEMENT AND BOOKKEEPING | 5,764 | 3,843 | 1,921 | |
| K-1 URSULA CAPITAL PARTNERS LP | 18,283 | 18,283 | 0 | |
| K-1 KINDER MORGAN | 294 | 294 | 0 | |
| NYS FILING FEE | 250 | 0 | 250 | |
| K-1 PLAINS ALL AMERICAN PIPELINE | 71 | 71 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1 URSULA CAPITAL PARTNERS | 190 | 190 | 190 |
| FROM K-1 ENTERPRISE PRODUCT PARTNERS | 443 | 443 | 443 |
| FROM K-1 KINDER MORGAN | 1,970 | 1,970 | 1,970 |
| MORGAN STANLEY 120076 | 9 | 9 | 9 |
| ORDINARY GAIN ON SALE OF EL PASO PIPELINE | 4,628 | 4,628 | 4,628 |
| ORDINARY GAIN ON SALE OF ENTERPRISE PRODUCTS PARTNERS | 17,292 | 17,292 | 17,292 |
| ORDINARY GAIN ON SALE OF KINDER MORGAN | 39,105 | 39,105 | 39,105 |
| ORDINARY GAIN ON SALE OF PLAINS ALL AMERICAN | 9,379 | 9,379 | 9,379 |
| Description | Amount |
|---|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| INVESTMENT IN KINDER MORGAN | 7,950 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 30,503 | 30,503 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 1,639 | 1,639 | 0 |