| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 4,000 | 0 | 0 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 1991-05-01 | 412,000 | 308,280 | SL | 31.500000000000 | 13,079 | 13,079 | ||
| BUILDING IMPROVEMENTS | 1991-12-01 | 3,150 | 2,334 | SL | 31.500000000000 | 100 | 100 | ||
| BUILDING IMPROVEMENTS | 1992-01-01 | 2,225 | 1,192 | SL | 31.500000000000 | 71 | 71 | ||
| BUILDING IMPROVEMENTS | 1997-12-01 | 3,613 | 1,818 | SL | 27.500000000000 | 131 | 131 | ||
| LAND | 1991-05-01 | 40,000 | L | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 412,000 | 321,359 | 90,641 | |
| BUILDING IMPROVEMENTS | 3,150 | 2,434 | 716 | |
| BUILDING IMPROVEMENTS | 2,225 | 1,263 | 962 | |
| BUILDING IMPROVEMENTS | 3,613 | 1,949 | 1,664 | |
| LAND | 40,000 | 0 | 40,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GENERAL ELECTRIC CO | AT COST | 13,100 | 29,940 |
| APARTMENT INVESTMENT & MANAGEMENT CO | AT COST | 36,397 | 83,194 |
| BOSTON PROPERTIES INC | AT COST | 3,319,319 | 3,959,558 |
| UDR INC | AT COST | 50,117 | 171,484 |
| CAMDEN PROPERTIES | AT COST | 544,939 | 550,853 |
| 3M | AT COST | 333,960 | 313,160 |
| AVALON BAY | AT COST | 334,540 | 363,580 |
| HOME PROPERTIES | AT COST | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ART WORKS & ANTIQUE CARPETS | 538,028 | 538,028 | 538,028 |
| REAL ESTATE TAX SELF ESCROW | 8,463 | 8,463 | 8,463 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 30 | 0 | 0 | |
| MISCELLANEOUS EXPENSES | 10 | 0 | 0 | |
| MISCELLANEOUS | 477 | 477 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSIT | 226 | 4,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| US TREASURY | 7,725 | 0 | 0 | |
| REAL ESTATE TAXES | 1,312 | 1,312 | 0 |