| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION & CONSULTING | 5,900 | 0 | 2,950 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| WEBSITE | 2018-11-14 | 5,622 | 200DB | 3.000000000000 | 469 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 46,320 SHS OF PULTE CORPORATION | 0 | 1,203,857 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MORGAN CREEK, LLC | AT COST | 1,000,000 | 1,000,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEBSITE | 5,622 | 469 | 5,153 | 5,153 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ATTORNEY FEES | 7,193 | 0 | 3,596 |
| Item No. | 1 |
|---|---|
| Lender's Name | KAREN J PULTE |
| Lender's Title | |
| Original Amount of Loan | 485418 |
| Balance Due | 485418 |
| Date of Note | 2017-06 |
| Maturity Date | 2019-12 |
| Repayment Terms | PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | N/A |
| Purpose of Loan | TO PAY CONTRIBUTIONS UNTIL FINANCING CAN BE OBTAINED |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CONSTRUCTION IN PROGRESS | 0 | 1,636,224 | 1,636,224 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 640 | 0 | 320 | |
| INSURANCE | 2,567 | 0 | 1,284 | |
| OFFICE EXPENSE | 258 | 0 | 129 | |
| DUES | 2,700 | 0 | 1,350 |
| Name | Address |
|---|---|
| JOAN B PULTE TRUST |
3466 BLOOMFIELD CLUB DRIVE BLOOMFIELD HILLS,MI48301 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES | 1,000 | 0 | 0 |