| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DUNDEE FINANCIAL INVESTMENTS | FMV | 802,201 | 802,201 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE EXPENSE | 3,083 | 0 | 0 | 3,083 |
| TELEPHONE | 906 | 0 | 0 | 906 |
| CONTRACT LABOR | 550 | 0 | 0 | 550 |
| POSTAGE | 948 | 0 | 0 | 948 |
| OFFICE EXPENSE | 247 | 0 | 0 | 247 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION OF SECURITIES | 56,776 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 876 | 505 |
| BANK OVERDRAFT | 194 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY | 394 | 394 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 995 | 0 | 0 | 995 |