| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,509 | 3,254 | 3,255 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT-SUN VALLEY GOLD | AT COST | 2,885,384 | 860,523 |
| INVESTMENT-PRIVATE ADVISORS EQUITY | AT COST | 1,861,163 | 2,481,257 |
| INVESTMENT-KINYAN CAPITAL | AT COST | 1,679,077 | 1,923,464 |
| INVESTMENT-FOXHAVEN CAPITAL | AT COST | 1,021,403 | 1,148,934 |
| INVESTMENT-INTERRITUS LTD | AT COST | 2,000,010 | 2,853,327 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 11,253 | 5,627 | 5,627 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSE | 919 | 0 | 919 | |
| INCENTIVE FEE | 139 | 139 | 0 | |
| DEDUCTIONS RELATED TO PORTFOLIO INCOME | 41,375 | 41,375 | 0 | |
| MANAGEMENT FEES | 24,029 | 24,029 | 0 | |
| OTHER EXPENSES | 21,986 | 0 | 21,986 | |
| FILING FEE | 214 | 214 | 0 | |
| LOSS ON FOXHAVEN CAPITAL (OFFSHORE) LTD | 6,370 | 6,370 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| KINYAN CAPITAL, L.P. | 43 | 43 | 43 |
| SUN VALLEY GOLD | 513 | 513 | 513 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 1,845 | 923 | 922 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,685 | 1,685 | 0 |