| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,500 | 1,750 | 1,750 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ENBRIDGE ENERGY MGMT, LLC | 38 | 38 |
| INTL BUSINESS MACHINES CORP (IBM) | 275,240 | 275,240 |
| UNION PACIFIC CORP. | 308,108 | 308,108 |
| WELLS FARGO & CO | 421,290 | 421,290 |
| GEOSPATIAL HOLDINGS, INC. | 384,875 | 384,875 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SPDR S&P BANK | FMV | 676,400 | 676,400 |
| VANGUARD INDEX FUNDS TOTAL STK MKT | FMV | 3,345,527 | 3,345,527 |
| VANGUARD S&P 500 EFT | FMV | 6,426,280 | 6,426,280 |
| VANGUARD REIT INDEX FUND CMN | FMV | 1,022,537 | 1,022,537 |
| VANGUARD FTSE DEVELOPED MKTS CMN ETF (VEA) | FMV | 3,755,905 | 3,755,905 |
| VANGUARD EMERGING MKTS ETF (VWO) | FMV | 592,444 | 592,444 |
| VANGUARD GLOBAL EX-US REAL ESTATE ETF ETF (VNQI) | FMV | 862,772 | 862,772 |
| SPDR EURO STOCK 50 FD EFT | FMV | 301,090 | 301,090 |
| SELECTIVE ARV LTD | FMV | 31,412 | 31,412 |
| 1MTH SELECTINVEST ARV | FMV | 21 | 21 |
| GS SMALL/MIDCAP GROWTH FUND | FMV | 1,717,719 | 1,717,719 |
| FIRST EAGLE OVERSEAS FUND | FMV | 1,455,636 | 1,455,636 |
| OAKMARK INTERNATIONAL FUND | FMV | 1,343,665 | 1,343,665 |
| GS TACTICAL TILT IMPLEMENTATION FUND | FMV | 13,537 | 13,537 |
| STARK INVESTMENT | FMV | 6,773 | 6,773 |
| DE SHAW & CO | FMV | 148,594 | 148,594 |
| EE II OFFSHORE | FMV | 106,045 | 106,045 |
| TECHNOLOGY SELECT INDEX | FMV | 0 | 0 |
| SPDR S&P 500 EFT TRUST | FMV | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| organization costs | 3,799 | 3,799 | 3,799 |
| CREDIT CARD RECEIVABLE | 163 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES IN FAIR MARKET VALUE OF INVESTMENTS | 4,057,730 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| License and Regulation | 535 | 0 | 0 | |
| INSURANCE | 1,625 | 0 | 0 | |
| DIRECT PROGRAM EXPENSES | 12,725 | 0 | 12,725 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| DE SHAW | 30,865 | 17 | 30,865 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD LIABILITY | 1,893 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 100,528 | 100,528 | 0 | |
| MANAGEMENT FEES | 85,088 | 8,509 | 76,579 | |
| CONSULTING | 750 | 0 | 750 | |
| ADMINISTRATION & TECHNOLOGY | 390 | 0 | 390 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| foreign taxeS | 16,302 | 16,302 | 0 |