| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 19,000 | 14,250 | 0 | 4,750 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF GEORGETOWN | 100,000 | 100,000 |
| CAPITAL BANK | 93,040 | 175,890 |
| SCHWAB - SECURITIES | 100,068 | 582,329 |
| YAHOO INC | 13,674 | 19,058 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AFFORDABLE MINI STORAGE | AT COST | 45,111 | 45,111 |
| CB TWIN CEDARS, LLC | AT COST | 36,761 | 36,761 |
| CLEANTECH MARYLAND INVESTOR | AT COST | 68,757 | 68,757 |
| COCO OCHO LLC | AT COST | 72,323 | 72,323 |
| DOUBLE EDGE SWORD PARTNERS | AT COST | 39,455 | 39,451 |
| FRIENDS V, LLC | AT COST | 18,025 | 17,783 |
| FRIENDS XV LLC | AT COST | 16,342 | 16,342 |
| FRIENDS XX, LLC | AT COST | 57,626 | 57,626 |
| FRIENDS XXV, LLC | AT COST | 48,531 | 62,656 |
| FRIENDS XXVI, LLC | AT COST | 133,469 | 133,468 |
| GARDEN OF EDEN LLC | AT COST | 85,000 | 85,000 |
| NAV OPPORTUNITY FUND II LP | AT COST | 55,585 | 49,647 |
| PENNY LANE PARTNERS | AT COST | 211,306 | 211,306 |
| PENNY LANE PARTNERS (BAKKEN) | AT COST | 3,500 | 3,500 |
| PRUDENT CAPITAL EQUITIES VI | AT COST | 39,647 | 39,647 |
| ROLLINS MRP I LLC | AT COST | 124,175 | 123,928 |
| ROSENTHAL PROPERTY INVESTMENTS | AT COST | 100,043 | 100,043 |
| SCUDDER BAY CAPITAL, LLC | AT COST | 320,890 | 238,219 |
| STATE OF ISRAEL BOND | AT COST | 5,000 | 5,000 |
| VRG HOLDINGS LLC | AT COST | 50,035 | 50,035 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,358 | 4,018 | 0 | 1,340 |
| Item No. | 1 |
|---|---|
| Lender's Name | EAGLE BANK |
| Lender's Title | LENDER |
| Relationship to Insider | BANK |
| Original Amount of Loan | 200,000 |
| Balance Due | 10,000 |
| Date of Note | 2005-03 |
| Maturity Date | |
| Repayment Terms | ON DEMAND |
| Interest Rate | 3.250000000000 |
| Security Provided by Borrower | |
| Purpose of Loan | CASH FLOW FOR CONTRIBUTIONS |
| Description of Lender Consideration | NONE |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INVESTMENT INCOME RECEIVABLE | 976 | 931 | 931 |
| DISTRIBUTIONS RECEIVABLE | 12 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE EXPENSES FROM PASS-THROUGH ENTITIES | 556 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 734 | 734 | 0 | 0 |
| LIFE INSURANCE PREMIUM | 25,870 | 0 | 0 | 0 |
| OTHER DEDUCTIONS | 415 | 134 | 0 | 0 |
| DEDUCTIONS RELATED TO PORTFOLIO INCOME | 16,132 | 16,132 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GBW APARTMENTS, LLC | -386 | -386 | |
| LPG CHILLUM, LLC | 41,939 | 41,939 | |
| FRIENDS I LLC | -754 | -754 | |
| SCUDDER BAY CAPITAL LLC | -49,444 | -49,444 | |
| FRIENDS V LLC | -2,653 | -2,653 | |
| VRG HOLDINGS LLC | -59 | -59 | |
| AFFORDABLE MINI STORAGE OF GREENBELT, LLC | 5,865 | 5,865 | |
| 100 STEPS, LLC | -3,682 | -3,682 | |
| FRIENDS XV, LLC | -8,197 | -7,618 | |
| FRIENDS XX, LLC | -9,217 | -9,217 | |
| GARDEN OF EDEN LLC | 8,500 | 8,500 | |
| SILVER OAK INVESTORS LLC | -1,332 | -1,332 | |
| CLEANTECH MARYLAND INVESTORS, LLC | 9,020 | 9,020 | |
| FRIENDS XXV, LLC | -1,646 | -1,646 | |
| FRIENDS XXVI LLC | 2,462 | 2,462 | |
| COCO OCHO LLC | 8,496 | 8,496 | |
| ROSENTHAL PROPERTIES INVESTMENT FUND, LLC | 3,141 | 126 | |
| PENNY LANE PARTNERS | -4,512 | -4,512 | |
| FRIENDS XXX, LLC | -91,086 | -91,086 | |
| ROLLINS MRP I LLC | 22,169 | 22,169 | |
| PRUDENT CAPITAL EQUITIES | -10,453 | -10,453 | |
| FRIENDS XI, LLC | 132 | 132 |
| Description | Amount |
|---|---|
| BOOK TO TAX DIFFERENCE | 958 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| 100 STEPS LLC | 25,522 | 0 |
| COCO OCHO LLC | 10,000 | 10,000 |
| FRIENDS I LLC | 19,535 | 20,946 |
| FRIENDS XXX, LLC | 39,220 | 131,054 |
| SILVER OAK INVESTORS | 14,170 | 17,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 6,468 | 6,468 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | 3,500 | 0 | 0 | 0 |