| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GERSTEIN FISHER - EQUITIES | 1,122,108 | 1,378,275 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GERSTEIN FISHER - ALTERNATIVES | AT COST | 42,541 | 43,064 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 22,340 | 14,893 | 7,447 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK | 112,000 | 112,000 | 112,000 |
| NET INTANGIBLE ASSETS | 103,360 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE FEES | 66 | 66 | 0 | |
| BUSINESS REGISTRATION FEES | 50 | 0 | 50 | |
| SUPPLIES | 42 | 0 | 42 | |
| TELEPHONE | 60 | 0 | 60 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 298 | 298 | 0 | |
| INVESTMENT ADVISORY FEES | 11,504 | 11,504 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 1,346 | 1,346 | 0 | |
| FILING FEES | 25 | 25 | 0 |