| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIXED INCOME SECURITIES | 5,037,450 | 4,893,260 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 6,303,156 | 7,348,941 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS | AT COST | 5,347,030 | 7,399,944 |
| REIT | AT COST | 528,384 | 548,851 |
| PREFERRED STOCKS | AT COST | 523,737 | 478,579 |
| CERTIFICATES OF DEPOSIT | AT COST | 5,671,000 | 5,661,249 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 36,000 | 0 | 36,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM BROKER | 335 | 14,919 | 14,919 |
| PREPAID INTEREST INCOME | 12,393 | 3,274 | 3,274 |
| PREPAID EXPENSES | 5,000 | 5,000 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE EXPENSES | 58 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 615 | 0 | 615 | |
| LICENSE AND DUES | 50 | 0 | 50 | |
| OFFICE EXPENSES | 2,705 | 0 | 2,705 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO BROKER | 96 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODIAN FEES | 1,020 | 1,020 | 0 | |
| ADVISORY FEES | 120,578 | 120,578 | 0 |
| Name | Address |
|---|---|
| NEIL MELLEN |
460 COE AVE EAST HAVEN,CT06512 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 21,472 | 0 | 0 | |
| FOREIGN TAXES WITHHELD | 3,306 | 3,306 | 0 |