| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Medical Equipment | 1998-08-01 | 70,000 | 70,000 | SL | 5.00 | ||||
| Video Equipment | 1998-09-01 | 7,851 | 7,851 | SL | 7.00 | ||||
| Computer Equipment | 2000-11-01 | 32,918 | 32,918 | SL | 5.00 | ||||
| AV Equipment | 2000-07-01 | 5,516 | 5,516 | SL | 7.00 | ||||
| 2001 AV Equipment #1 | 2001-05-01 | 13,593 | 13,593 | SL | 7.00 | ||||
| 2001 AV Equipment #2 | 2001-09-15 | 9,592 | 9,592 | SL | 7.00 | ||||
| 2002 AV Equipment | 2002-09-30 | 6,632 | 6,632 | SL | 7.00 | ||||
| 2002 Computer Equipment | 2002-09-30 | 19,518 | 19,518 | SL | 5.00 | ||||
| Sono Ultra Sound | 2002-09-30 | 19,036 | 19,036 | SL | 7.00 | ||||
| Hand Held PC'S (2003) | 2003-07-02 | 12,600 | 12,600 | 200DB | 5.00 | ||||
| Digital CAM Scanner (2003) | 2003-07-02 | 1,800 | 1,800 | 200DB | 5.00 | ||||
| BL Library Computer (2003) | 2003-07-02 | 1,551 | 1,551 | 200DB | 5.00 | ||||
| Obstetrical Simulator (2004) | 2004-03-31 | 22,500 | 22,500 | 200DB | 7.00 | ||||
| GI Simulator (2004) | 2004-04-30 | 13,475 | 13,475 | 200DB | 7.00 | ||||
| Library Laptop Computer(2004) | 2004-06-30 | 2,895 | 2,895 | 200DB | 5.00 | ||||
| Library LCD Projection System (2004) | 2004-06-30 | 3,631 | 3,631 | 200DB | 7.00 | ||||
| Colcoscopy Simulator (2005) | 2005-03-15 | 6,931 | 6,931 | 200DB | 7.00 | ||||
| Online CME course | 2008-04-15 | 9,000 | 9,000 | SL | 3.00 | ||||
| Handheld PCs (2008) | 2008-05-15 | 3,432 | 3,432 | 200DB | 5.00 | ||||
| OB Ultrasound Simulator | 2008-11-15 | 1,500 | 1,500 | SL | 3.00 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Additional Information Relative to this Foundation | THE TAXPAYER DISCOVERED AN EMBEZZLEMENT BY A FORMER OFFICER IN LATE 2012. THE TAXPAYER WORKED WITH A LOCAL POLICE FORCE TO PURSUE THE PERPETRATOR DURING 2013 THOROUGH THE PRESENT TIME. IT IS DOUBTFUL THAT ANY FUNDS WILL BE RECOVERED FROM THE PERPETRATOR. THE PERPETRATOR WILL BE SENTENCED IN LATE 2015 AND IF ANY RESTITUTION WILL BE PAID TO THE TAXPAYER, IT WILL BE KNOWN AT OR ABOUT THE TIME OF SENTENCING. THE TAXPAYER'S BOARD OF DIRECTORS TOOK PROMPT, CORRECTIVE ACTION UPON DISCOVERY OF THE EMBEZZLEMENT AND THEY HAVE NOT RETURNED TO PUTTING ON EDUCATIONAL PROGRAMS UNTIL THE CASE AGAINST THE PERPETRATOR IS RESOLVED THROUGH SENTENCING AND POSSIBLE RESTITUTION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Total Capital Guaranteed Note | 14,633 | 15,268 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| I Shares Russell 1000 Value Index | 26,358 | 40,194 |
| I Shares Russell 1000 Growth Index | 27,735 | 41,590 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SEE ATTACHED | 263,971 | 263,971 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STINSON MORRISON HECKER LLP LEGAL SERVICES | 2,506 | 2,456 | 50 |
| Description | Amount |
|---|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Benefit Trust Co. Custodian fees | 750 | 750 | ||
| Bank of America account service charges | 369 | 369 | ||
| Benefit Trust Co. cash mgmt transactions | 40 | 40 |