| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,000 | 2,500 | 2,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EMERGING MARKETS FUND | 0 | 0 |
| BOFA USTRUST GREYCOURT #4144 | 11,392,963 | 10,912,489 |
| BOFA USTRUST VULCAN #4554 | 2,753,796 | 2,576,012 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALTERNATIVE INVESTMENT | AT COST | 2,419,551 | 2,429,822 |
| PINEHURST INSTITUTIONAL LTD | AT COST | 1,190,000 | 1,354,091 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MARKET VALUE ADJUSTMENT | 1,034,653 | -483,896 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 1,645,852 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER ADMINISTRATIVE EXPENSES | 150 | 0 | 150 | |
| TAXES, LICENSE AND FILING FEES | 170 | 0 | 170 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 149,910 | 149,910 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 53,601 | 26,801 | 26,801 | |
| FOREIGN TAX | 9,430 | 9,430 | 0 |