| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 4,500 | 2,250 | 2,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TELEFONICA SA SPONSORED ADR | 521,229 | 192,913 |
| VALLEY NATL BANCORP | 700,806 | 596,453 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADVANTAGE PRIMARY LIQ FD | AT COST | 170,480 | 170,480 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LEM INVESTMENTS | 758,860 | 1,520,492 | 1,520,492 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 588 | 588 | 0 | |
| OTHER EXPENSES | 25 | 25 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM LEM REAL ESTATE K1- INTEREST | 285 | 285 | 285 |
| ORDINARY GAIN FROM PASSTHROUGH ENTITY | -15,797 | -15,797 | |
| CAPITAL GAIN FROM PASSTHROUGH ENTITY | 784,645 | 784,645 | |
| PORTFOLIO DEDUCTIONS FROM PASSTHROUGH ENTITY | -7,500 | -7,500 | |
| OTHER DEDUCTIONS | -1 | -1 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER PAYABLES | 4,000 | 8,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 1,901 | 1,901 | 0 | |
| FEDERAL EXCISE TAX | 1,821 | 0 | 0 | |
| UNRELATED BUSINESS INCOME TAX | 57,000 | 0 | 0 |