| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO LTD | 15,480 | 7,740 | 7,740 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIDUCIARY TRUST INVESTMENTS | AT COST | 34,103,412 | 36,027,840 |
| DSF CAPITAL PARTNERS IV, LP | AT COST | 188,568 | 213,635 |
| HEALTHPOINTCAPITAL PARTNERS III, LP | AT COST | 103,905 | 136,370 |
| IRONSIDES PARTNERSHIP FUND II, LP | AT COST | 130,433 | 171,002 |
| SIGULER GUFF DISTRESSED REAL ESTATE OPPORTUNITIES FUND LP | AT COST | 140,071 | 196,636 |
| REALTY ASSOCIATES FUND I UTP, LP | AT COST | 331,081 | 362,626 |
| PERMAL PRIVATE EQUITY OPPORTUNITES | AT COST | 0 | 0 |
| BOREALIS GRANITE FUND, LP | AT COST | 250,000 | 225,000 |
| ACCOLADE PARTNERS IV, LP | AT COST | 135,544 | 148,158 |
| SIGULER GUFF SMALL BUYOUT OPPORTUNITIES FUND II(T), LP | AT COST | 185,377 | 218,108 |
| IMPACT PROJECTS LLC LOAN | AT COST | 1,140,606 | 1,140,606 |
| 319 VAUGHAN STREET LLC | AT COST | 2,097,358 | 2,097,358 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 48,955 | 0 | 48,955 |
| Item No. | 1 |
|---|---|
| Lender's Name | |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 1075000 |
| Balance Due | 929476 |
| Date of Note | 2014-04 |
| Maturity Date | 2019-01 |
| Repayment Terms | 5 YRS |
| Interest Rate | 4.750000000000 |
| Security Provided by Borrower | CASH |
| Purpose of Loan | 319 VAUGHAN CENTER LLC PROPERTY |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TECHNOLOGY | 4,086 | 2,043 | 2,043 | |
| BOOKS, SUBSCRIPTIONS, REFERENCES | 2,325 | 0 | 2,325 | |
| STATE FILING FEE | 75 | 0 | 75 | |
| PARTNERSHIP EXPENSES | 30,826 | 30,826 | 0 | |
| OFFICE EXPENSE | 15,083 | 7,542 | 7,541 | |
| PAYROLL SERVICE FEES | 2,772 | 0 | 2,772 | |
| MEMBERSHIPS & DUES | 2,700 | 0 | 2,700 | |
| BANK CHARGES | 40 | 20 | 20 | |
| PROFESSIONAL DEVELOPMENT | 720 | 0 | 720 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST ON LOAN | 20,706 | 20,706 | 20,706 |
| INCOME FROM PARTNERSHIPS | 627 | 627 | 627 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING & INVESTMENT MANAGEMENT | 320,242 | 151,000 | 169,242 | |
| FIDUCIARY TRUST INVESTMENT MANAGEMENT | 234,755 | 234,755 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 1,377 | 1,377 | 0 | |
| FEDERAL TAXES PAID | 30,350 | 0 | 0 | |
| PAYROLL TAXES | 9,592 | 0 | 9,592 |