| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 33,389 | 16,694 | 16,694 | 16,695 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2017-01-01 | 131,000 | L | 0 | 0 | 0 | |||
| BUILDING | 2017-01-01 | 1,179,000 | SL | 39.000000000000 | 30,231 | 0 | 0 | ||
| 2017 BUILDING ADDITIONS | 2017-01-01 | 181,874 | SL | 39.000000000000 | 4,663 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 1,819,074 | 1,819,074 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 7,663,278 | 7,663,278 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| OTHER INVESTMENTS | FMV | 1,996,431 | 1,996,431 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 131,000 | 0 | 131,000 | 131,000 |
| BUILDING | 1,179,000 | 30,231 | 1,148,769 | 1,148,769 |
| 2017 BUILDING ADDITIONS | 181,874 | 4,663 | 177,211 | 177,211 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 17,152 | 8,576 | 8,576 | 8,576 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS/LOSSES | 3,559,244 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WORKERS COMPENSATION INSURANCE | 36,487 | 0 | 0 | 36,487 |
| RETREAT COSTS | 64,123 | 0 | 0 | 64,123 |
| CONSULTANTS & CONTRACTORS | 377,916 | 0 | 0 | 377,916 |
| OFFICE EXPENSES | 7,923 | 0 | 0 | 7,923 |
| INSURANCE | 22,981 | 0 | 0 | 22,981 |
| OTHER EXPENSES | 2,748 | 0 | 0 | 2,748 |
| FACILITY AND EQUIPMENT EXPENSES | 189,465 | 0 | 0 | 189,465 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 293,591 | 293,591 | 293,591 | 0 |
| Name | Address |
|---|---|
| JOANN S RASMUSSEN ESTATE TRUST |
C/O COMERICA BANK TRUST 1969 W STADIUM BLVD SUITE 200 ANN ARBOR,MI48103 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 14,549 | 14,549 | 14,549 | 0 |
| FOREIGN TAX | 10,236 | 10,236 | 10,236 | 0 |