| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION AND ACCOUNTING | 13,860 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GRESHAM FOREIGN MANAGERS LP INTEREST | AT COST | 2,568,784 | 2,309,326 |
| DOW CHEMICAL STOCK 22,998 SHARES | AT COST | 1,152,890 | 1,229,933 |
| GRESHAM OPP GROWTH STRAT | AT COST | 2,756,642 | 1,976,568 |
| GRESHAM LOW VOLATILITY HEDGED STRAT | AT COST | 968,496 | 1,006,504 |
| GRESHAM EMERGING MKTS STRAT | AT COST | 966,365 | 985,309 |
| TERADATA 12000 SHARES | AT COST | 720,120 | 460,320 |
| AT COST | |||
| JD.COM 3,120 SHARES | AT COST | ||
| RYDEX EFT 3,055 SHARES | AT COST | ||
| APPLE 4,805 SHARES | AT COST | 436,131 | 757,941 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS IN TRANSIT GLVHS | 1,006,504 | 1,006,504 |
| Description | Amount |
|---|---|
| DEPOSIT IN TRANSIT ADJUSTMENT GEMS | 200,000 |
| BASIS STEP UP | 1,076,087 |
| FACEBOOK STOCK ADJUSTMENT | 22,065 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OTHER EXPENSES - FIDELITY | 39,038 | 39,038 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP K-1'S | -50,004 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES - FOREIGN | 4,224 | 4,224 | ||
| FLORIDA DEPT OF STATE | 61 | |||
| TAXES - EXCISE | 10,175 | 10,175 |