| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 32,897 | 32,897 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WESTGATE INTERNATIONAL | AT COST | 171,747 | 1,323,903 |
| M/L THREE, LLC | AT COST | 4,683,089 | 5,337,888 |
| JMD PARTNERSHIP | AT COST | 1,369,480 | 1,254,009 |
| MDM PARTNERS FUND, LLC | AT COST | 561,926 | 741,098 |
| CRP EXEMPT FUND | AT COST | 115,164 | 177,959 |
| HIGHFIELDS CAPITAL LTD | AT COST | 236,040 | 964,084 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,589 | 5,589 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME TAX RECEIVABLE | 3,059 | 0 | 0 |
| Description | Amount |
|---|---|
| PASSTHROUGH NONDEDUCTIBLE EXPENSES | 633 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 55,366 | 55,366 | 0 | |
| MANAGEMENT FEES | 16,213 | 16,213 | 0 | |
| CUSTODIAL FEES | 2,953 | 2,953 | 0 | |
| EMPLOYEE BENEFITS | 9,357 | 9,357 | 0 | |
| OFFICE EXPENSE | 27,035 | 27,035 | 0 | |
| POSTAGE & SHIPPING | 295 | 295 | 0 | |
| INSURANCE | 579 | 579 | 0 | |
| TELEPHONE | 818 | 818 | 0 | |
| REPAIRS & MAINTENANCE | 1,063 | 1,063 | 0 | |
| AMORTIZATION | 16 | 16 | 0 | |
| AUTOMOBILE | 72 | 72 | 0 | |
| PROGRAM DIRECTOR | 25,000 | 0 | 25,000 | |
| BROKER FEES | 13,169 | 13,169 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PTNSHIP K-1 INCOME (LOSS) | -82,886 | -82,058 | -82,886 |
| OTHER K-1 LOSSES | -13,071 | -13,071 | -13,071 |
| Description | Amount |
|---|---|
| TAX EXEMPT INTEREST | 116 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO INVESTMENT PARTNERSHIP | 234,691 | 101,000 |
| EXCISE TAX PAYABLE | 0 | 4,050 |
| CASH CLEARING | 0 | 25,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 2,534 | 2,534 | 0 | |
| TAXES & LICENSE | 160 | 160 | 0 | |
| ML 3 STATE TAXES PAID | 381 | 381 | 0 | |
| JMD STATE TAXES PAID | 244 | 244 | 0 | |
| FOREIGN TAXES PAID | 3,411 | 3,411 | 0 | |
| EXCISE TAX | 15,845 | 0 | 0 |