| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,500 | 3,500 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD TOTAL WORLD STOCK ETF | AT COST | 1,029,993 | 1,007,601 |
| VANGUARD SHORT TERM BOND ETF | AT COST | 1,111,858 | 1,102,840 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MINNESOTA REGISTRATION FEE | 25 | 0 | 25 | |
| BANK FEES | 5 | 0 | 5 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 1,534 | 1,534 | 0 |