| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 4,775 | 4,775 | 0 |
| Category | Amount |
|---|---|
| N/A | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY | 5,379,520 | 5,064,954 |
| VANGUARD FUNDS | 3,538,118 | 4,206,356 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE | 159 | 0 | 158 | |
| MEETING EXPENSES | 3,908 | 0 | 3,908 | |
| INVESTMENT EXPENSES | 2,829 | 2,829 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| INCOME TAX PAYABLE | 8,475 | 7,279 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 29,287 | 29,287 | 0 | |
| PAYROLL SERVICE FEES | 1,083 | 271 | 812 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 7,583 | 7,583 | 0 | |
| PAYROLL TAXES | 3,442 | 860 | 2,582 | |
| FEDERAL EXCISE TAXES | 22,627 | 0 | 0 | |
| UNDERPAYMENT PENALTY | 52 | 0 | 0 |