| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 36,000 | 18,000 | 9,000 | |
| TAX PREPARATION | 8,012 | 3,800 | 2,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COPIER | 1994-04-01 | 2,144 | 200DB | 5.000000000000 | 0 | 0 | |||
| COMPUTER/PRINTER | 1994-06-01 | 4,752 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2003-11-12 | 3,460 | 200DB | 7.000000000000 | 0 | 0 | |||
| BUILDING | 2000-06-15 | 135,193 | 71,486 | SL | 27.500000000000 | 3,073 | 0 | ||
| ROOF | 2001-11-07 | 3,970 | 1,890 | SL | 27.500000000000 | 90 | 0 | ||
| LAND | 2000-06-15 | 165,000 | L | 0 | 0 | ||||
| COMPUTER/PRINTER | 2004-01-01 | 1,572 | 200DB | 5.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2004-01-01 | 8,070 | 200DB | 7.000000000000 | 0 | 0 | |||
| OFFICE FURNITURE | 2006-05-01 | 8,367 | 8,367 | 200DB | 7.000000000000 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERRILL LYNCH | 4,558,023 | 4,558,023 |
| TCI MANAGED ACCOUNT | 5,151,518 | 5,151,518 |
| WELLS FARGO | 2,195,089 | 2,195,089 |
| UBS YA 7770 | 6,551,210 | 6,551,210 |
| UBS BROKERAGE-7774 | 1,391,021 | 1,391,021 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIMITED PARTNERSHIP INTERESTS | FMV | 851,151 | 851,151 |
| ARTWORK | AT COST | 4,925 | 4,925 |
| MVP FUND OF FUNDS | FMV | 350,000 | 350,000 |
| EDGE PORTFOLIO MANAGEMENT | FMV | 1,798,266 | 1,798,266 |
| WFA 2460 | FMV | 3,582,858 | 3,582,858 |
| NORTHERN TRUST CD'S | AT COST | 215,591 | 215,591 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COPIER | 2,144 | 2,144 | 0 | |
| COMPUTER/PRINTER | 4,752 | 4,752 | 0 | |
| OFFICE FURNITURE | 3,460 | 3,460 | 0 | |
| COMPUTER/PRINTER | 1,572 | 1,572 | 0 | |
| OFFICE FURNITURE | 8,070 | 8,070 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,044 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNSECURED NOTE | 20,000 | 20,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 157 | 0 | 0 | |
| WEBSITE | 209 | 0 | 0 | |
| POSTAGE & OFFICE | 58 | 0 | 0 | |
| PROGRAMMING COSTS | 18,234 | 0 | 0 | |
| VENTURE V K-1 | 14,126 | 0 | 0 | |
| VENTURE III K-1 | 438 | 0 | 0 | |
| INSURANCE | 2,224 | 2,224 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| VENTURE III K-1 | 222 | 222 | 222 |
| MISCELLANEOUS INCOME | 3,279 | 3,279 | 3,279 |
| VENTURE IV K-1 | 1,619 | 1,619 | 1,619 |
| VENTURE V K-1 | 107 | 107 | 107 |
| VENTURE V K-1 | 1,251 | 1,251 | 1,251 |
| Description | Amount |
|---|---|
| NON-TAXABLE DISTRIBUTIONS | 35,177 |
| BOOK TAX DIFFERENCES ON LIMITED PARTNERSHIPS | 48,796 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS | 0 | 1,424 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT ADMINISTRATION FEES | 384,000 | 0 | 384,000 | |
| ASSET MANAGEMENT FEES | 177,170 | 177,170 | 0 | |
| FILING FEES | 40 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,896 | 2,896 | 0 | |
| EXCISE TAXES | 16,628 | 8,028 | 0 | |
| PROPERTY TAXES | 14,616 | 14,616 | 0 |