| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SECTION 1231 GAIN FROM DEUTSCHE BANK PRIVATE EQUITY GLOBAL SELECT FUND II | PURCHASED | 34,224 | 0 | 34,224 | ||||||
| SECTION 1231 LOSS FROM ENERGY TRANSFER EQUITY, LP | PURCHASED | 19 | 0 | -19 | ||||||
| SECTION 1231 LOSS FROM ENERGY TRANSFER PARTNERS, LP | PURCHASED | 246 | 0 | -246 | ||||||
| SECTION 1231 LOSS FROM ENTERPRISE PRODUCTS PARTNERS, LP | PURCHASED | 444 | 0 | -444 | ||||||
| SECTION 1231 LOSS FROM MARKWEST ENERGY PARTNERS, LP | PURCHASED | 5 | 0 | -5 | ||||||
| SECTION 1231 GAIN FROM PLAINS ALL AMERICAN PIPELINE, LP | PURCHASED | 43 | 0 | 43 | ||||||
| SECTION 1231 LOSS FROM WILLIAMS PARTNERS, LP | PURCHASED | 24 | 0 | -24 | ||||||
| SECTION 1231 LOSS FROM ATLAS ENERGY LP | PURCHASED | 6 | 0 | -6 | ||||||
| SECTION 1231 LOSS FROM CRESTWOOD | PURCHASED | 14 | 0 | -14 | ||||||
| SECTION 1231 GAIN FROM DEUTSCHE BANK PRIVATE EQUITY GLOBAL SELECT FUND IV | PURCHASED | 8 | 0 | -8 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY 099707 - STOCKS | 1,637,509 | 2,065,846 |
| MORGAN STANLEY 158590 - STOCKS | 2,273,236 | 2,880,805 |
| MORGAN STANLEY 157555 - STOCKS | 1,943,648 | 2,130,150 |
| MORGAN STANLEY 152478 - STOCKS | 703,717 | 835,024 |
| MORGAN STANLEY 164767 - STOCKS | 489,788 | 436,687 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PRIVATE EQUITY FUNDS | FMV | 2,427,727 | 3,024,312 |
| INVESTMENT IN ENERGY FUNDS | FMV | 272,909 | 1,233,357 |
| INVESTMENT IN RYAN SPECIALTY GROUP, LLC | FMV | 1,564,681 | 1,564,681 |
| INVESTMENT IN PRESCOTT ASSOCIATES LP | FMV | 999,863 | 999,863 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNREALIZED GAIN/(LOSS) FROM K-1'S | -288,382 | -287,333 | -287,333 |
| OTHER RECEIVABLE | 0 | 100,000 | 100,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 59,510 | 59,510 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM ATLAS ENERGY, LP | 1 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM CRESTWOOD EQUITY PARTNERS, LP | 12 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM DEUTSCHE BANK PE GLOBAL SELECT FUND II | 638 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM DEUTSCHE BANK PE GLOBAL SELECT FUND IV | 109 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM ENERGY TRANSFER EQUITY, LP | 18 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM ENERGY TRANSFER PARTNERS, LP | 65 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM ENTERPRISE PRODUCTS PARTNERS LP | 8 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM MARKWEST ENERGY PARTNERS, LP | 3 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM PLAINS ALL AMERICAN PIPELINE, LLC | 94 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM SPECIAL OPPORTUNITIES FUND II, LLC | 3 | 0 | 0 | |
| NON-DEDUCTIBLE EXPENSE FROM WILLIAMS PARTNERS LP | 43 | 0 | 0 | |
| OTHER BUSINESS LOSS FROM ATLAS ENERGY, LP | 4,690 | 0 | 0 | |
| OTHER BUSINESS LOSS FROM CRESTWOOD EQUITY PARTNERS, LP | 3,933 | 0 | 0 | |
| OTHER BUSINESS LOSS FROM DEUTSCHE BANK PRIVATE EQUITY GLOBAL SELECT FUND IV | 37,509 | 35,552 | 0 | |
| OTHER BUSINESS LOSS FROM ENTERPRISE PRODUCTS PARTNERS, LP | 12,081 | 0 | 0 | |
| OTHER BUSINESS LOSS FROM MARKWEST ENERGY PARTNERS, LP | 3,970 | 0 | 0 | |
| OTHER BUSINESS LOSS FROM PRESCOTT ASSOCIATES, LP | 5,428 | 5,428 | 0 | |
| OTHER BUSINESS LOSS FROM SPECIAL OPPORTUNITIES FUND II, LLC | 8,765 | 8,311 | 0 | |
| OTHER BUSINESS LOSS FROM WILLIAMS PARTNERS LP | 24,716 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER BUSINESS INCOME FROM DEUTSCHE BANK PRIVATE EQUITY FUND II | 49,160 | 49,160 | 49,160 |
| OTHER BUSINESS INCOME FROM ENERGY TRANSFER EQUITY LP | 2,002 | 2,002 | 2,002 |
| OTHER BUSINESS INCOME FROM ENERGY TRANSFER PARTNERS LP | 12,650 | 12,650 | 12,650 |
| OTHER BUSINESS INCOME FROM PLAINS ALL AMERICAN PIPELINE LP | 1,902 | 1,902 | 1,902 |
| OTHER BUSINESS INCOME FROM RYAN SPECIALTY GROUP | 36,399 | 36,399 | 36,399 |
| ROYALTY INCOME FROM DEUTSCHE BANK PRIVATE EQUITY FUND II | 2 | 2 | 2 |
| ROYALTY INCOME FROM ENERGY TRANSFER EQUITY LP | 3 | 3 | 3 |
| OTHER INCOME FROM MS 157555 | 7,793 | 7,793 | 7,793 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 3,481 | 3,481 | 0 | |
| ESTIMATED TAX PAYMENTS | 14,461 | 0 | 0 |