| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 6,981 | 0 | 6,981 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Aetos Capital Distressed Investment Strategies Cayman Fund | 430,833 | 430,833 |
| Aetos Capital Long/Short Strategies Cayman Fund | 689,244 | 689,244 |
| Aetos Capital Multi Strategy Arbitrage Cayman Fund | 1,045,192 | 1,045,192 |
| Altria Group Inc. | 20,954 | 107,333 |
| Anheuser-BuschinBev ADR | 184,192 | 224,710 |
| Berkshire Hathaway Inc. Cl B | 171,919 | 452,626 |
| British America Tobacco PLC | 12,756 | 23,260 |
| Brown-Forman Corp. Cl A | 8,690 | 80,052 |
| Comcast Corp. Special Cl A | 15,926 | 64,308 |
| Compagnie Financiere Richemont SA | 157,171 | 280,838 |
| Diagio PLC | 25,806 | 87,148 |
| Dodge & Cox International Stock Fund | 977,697 | 1,194,061 |
| Fidelity Spartan 500 Index Fund | 920,324 | 1,700,528 |
| FPA Crescent Fund Ser 1 | 500,000 | 530,807 |
| Harbor International Fund | 684,416 | 661,387 |
| Heineken Holding NV | 87,090 | 299,070 |
| JC Decaux S A | 85,071 | 73,282 |
| Martin Marietta Materials | 48,198 | 118,365 |
| Mastercard Inc Cl A | 54,737 | 375,353 |
| Nestle SA-Spons ADR | 161,066 | 363,534 |
| Parametric Tax-Managed Emerging Markets Intl CL | 600,000 | 629,404 |
| Pernod Ricard | 152,784 | 281,762 |
| Phillip Morris International Inc. | 147,987 | 274,516 |
| Swatch Group | 140,457 | 185,508 |
| Unilever NV ADR | 144,159 | 229,845 |
| Van Eck Global Hard Assets Fund | 500,000 | 455,499 |
| Vanguard Energy Fund | 750,000 | 796,977 |
| Wells Fargo | 110,154 | 209,840 |
| Alphabet Inc. Cap Stock CL C | 19,327 | 18,966 |
| Brookfield Global Listed Real Estate Fund CL Y | 500,000 | 504,224 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Drake Capital Offshore Partners II, L.P. | FMV | 1,666,138 | 1,666,138 |
| FPA Hawkeye Fund, LP (Investment P'ship) | FMV | 1,127,942 | 1,127,942 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 1,375 | 0 | 1,375 |
| Description | Amount |
|---|---|
| Change in Unrealized Gain - FPA Hawkeye | 37,069 |
| Securities Donated in FYE 6.30.18 Carried at Carryover Basis FMV higher by | 435,220 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Filing Fees | 265 | 0 | 265 | |
| Foreign Fees | 129 | 129 | 0 | |
| Bank Fees | 15 | 0 | 15 | |
| FPA Hawkeye K1 Portfolio & Other Deductions | 12,299 | 12,299 | 0 | |
| FPA Hawkeye K1 Other Investment Income (Loss) | 6,937 | 6,937 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FPA Hawkeye Ord. Business Income per K-1 | 165 | 165 | 165 |
| Description | Amount |
|---|---|
| Change in Unrealized Gain - AETOS | 67,518 |
| Change in Unrealized Gain - Drake Capital | 121,440 |
| FYE 6.30.18 Contributions made with stock FMV exceeded carrying basis by | 547,713 |
| Federal income tax refund | 12,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Fees | 79,041 | 79,041 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Taxes | 9,343 | 9,343 | 0 |