| Person Name | Explanation |
|---|---|
| Richard Kandel | Kandel & Company Management Services$35,000Kandel & CompanyAccounting and Tax Preparation$15,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CBRE Clarion Global REIT | ||
| Petroleo Brasileiro SA | ||
| Petroleo Brasileiro SA | ||
| Nvidia Corp | ||
| Nvidia Corp | ||
| United States Steel | 105,897 | 15,960 |
| Youku Inc | ||
| Apple Inc | 54,535 | 73,682 |
| Apple Inc | ||
| Apple Inc | ||
| Chesapeake Energy | ||
| Chesapeake Energy | ||
| Chesapeake Energy | 96,990 | 27,000 |
| Kinder Morgan Inc | ||
| Lloyds Banking Group PLC | ||
| Market Vectors Gold Miners | ||
| Kinder Morgan Inc | ||
| Market Vectors Gold Miners | ||
| Petroleo Brasileiro SA | ||
| Seventy Seven Energy Inc | 31,760 | 2,249 |
| Seventy Seven Energy Inc | 5,910 | 449 |
| Seventy Seven Energy Inc | ||
| Youku Inc | ||
| Abbvie Inc | 66,820 | 59,240 |
| Baidu Inc | 70,310 | 75,616 |
| Boeing Company | 56,799 | 57,836 |
| BP PLC ADR | 73,660 | 62,520 |
| Chesapeake Energy | 972,063 | 450,000 |
| Con Edison Co | 25,462 | 25,708 |
| Emerson Electric | 83,853 | 71,745 |
| Fluor Corp | 59,363 | 47,220 |
| Gilead Sciences Inc | 33,231 | 30,357 |
| Glaxosmithkline PLC ADR | 40,825 | 40,350 |
| IBM Corp | 60,871 | 55,048 |
| Petroleo Brasileiro SA-A | 105,903 | 105,903 |
| Phillip Morris Int'l Inc | 39,707 | 41,757 |
| Priceline Group Inc | 116,150 | 127,495 |
| Rolls Royce Holdings PLC ADR | 66,540 | 42,600 |
| Royal Dutch Shell CL B | 120,108 | 92,080 |
| Schlumberger Ltd | 82,826 | 69,750 |
| Siemens AG ADR | 55,863 | 48,088 |
| Twenty First Century Fox | 34,431 | 27,160 |
| Twitter Inc | 25,910 | 23,140 |
| Vodafone Group ADR | 23,961 | 22,582 |
| American Express Co | 55,598 | 48,685 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Crestwood Capital | AT COST | 1,500,000 | 1,913,121 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank & Wire Fees | 1,311 | 1,311 | ||
| Filing Fee | 250 | 250 | ||
| Investment & Custody Fees | 18,847 | 18,847 | ||
| Public Notice | 145 | 145 | ||
| Subscription | 1,000 | 1,000 | ||
| Theft Loss | 10,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Excise Tax -2015 | 3,292 |