| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,943 | 718 | 0 | 1,225 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 600 SH PFIZER INC | 19,368 | 19,368 |
| PUBLIC STORAGE 5.9% PREFERRED CALLABLE | 258,800 | 258,800 |
| VORNADO REALTY 5.7% PREFERRED | 101,040 | 101,040 |
| 100,000 SH FIRST CHOICE BANK | 1,000,000 | 1,000,000 |
| 5,000 SH GOLUB CAPITAL BDC INC. | 166,300 | 166,300 |
| SELECTIVE INS 5.875% PFD | 104,040 | 104,040 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 11,213 | 5,838 | 0 | 5,375 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| GRANTS RECOVERABLE | 6,979 | 750 | 750 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENT SECURITIES | 77,499 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEES/LICENSES | 380 | 80 | 0 | 300 |
| ADVERTISING | 400 | 400 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSIT | 0 | 22,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE | 7,376 | 0 | 0 | 0 |