| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 32,991 | 32,991 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WESTGATE INTERNATIONAL | AT COST | 171,747 | 1,290,924 |
| M/L THREE, LLC | AT COST | 4,796,418 | 5,756,255 |
| JMD PARTNERSHIP | AT COST | 1,386,325 | 1,368,847 |
| MDM PARTNERS FUND, LLC | AT COST | 520,568 | 798,359 |
| CRP EXEMPT FUND | AT COST | 319,241 | 447,156 |
| HIGHFIELDS CAPITAL LTD | AT COST | 230,790 | 943,076 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 10,080 | 10,080 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME TAX RECEIVABLE | 2,881 | 3,059 | 3,059 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 63,779 | 63,779 | 0 | |
| MANAGEMENT FEES | 18,555 | 18,555 | 0 | |
| CUSTODIAL FEES | 1,004 | 1,004 | 0 | |
| EMPLOYEE BENEFITS | 10,348 | 10,348 | 0 | |
| OFFICE EXPENSE | 38,651 | 38,651 | 0 | |
| POSTAGE & SHIPPING | 459 | 459 | 0 | |
| INSURANCE | 568 | 568 | 0 | |
| TELEPHONE | 691 | 691 | 0 | |
| REPAIRS & MAINTENANCE | 496 | 496 | 0 | |
| AMORTIZATION | 268 | 268 | 0 | |
| NORTH POINT EXPENSE | 21 | 21 | 0 | |
| AUTOMOBILE | 90 | 90 | 0 | |
| PROGRAM DIRECTOR | 25,000 | 0 | 25,000 | |
| REDUCTION OF PRIOR YEAR CONTRIBUTIONS | -750 | 0 | -750 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PTNSHIP K-1 INCOME (LOSS) | -60,772 | -60,772 | -60,772 |
| OTHER K-1 LOSSES | -12,699 | -12,699 | -12,699 |
| Description | Amount |
|---|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO INVESTMENT PARTNERSHIP | 119,691 | 234,691 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 2,486 | 2,486 | 0 | |
| TAXES & LICENSE | 81 | 81 | 0 | |
| ML 3 STATE TAXES PAID | 63 | 63 | 0 | |
| JMD STATE TAXES PAID | 1,305 | 1,305 | 0 | |
| FOREIGN TAXES PAID | 4,400 | 4,400 | 0 | |
| EXCISE TAX | 6,622 | 0 | 0 |