| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,000 | 1,500 | 1,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMBAC FINL GROUP INC COM NEW | 4,560 | 5,172 |
| CANFOR CORP CAD | 4,297 | 3,600 |
| CISCO SYSTEMS INC | 5,474 | 10,833 |
| CONVANTA HLDG CORP | 2,809 | 2,684 |
| DEVON ENERGY CORP NEW | 31,913 | 11,270 |
| JPM INVEST GRWTH FD - CL I | 285,071 | 238,162 |
| JERRERIES FINL GROUP, INC | 19,054 | 12,152 |
| SEARS HOLDINGS CORP | 4,124 | 54 |
| SUPERIOR INDUS INTL | 19,550 | 4,810 |
| WEYERHAEUSER CO | 14,760 | 10,930 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BAKKEN DRILLING FUND III | AT COST | 125,505 | 125,505 |
| BAKKEN DRILLING FUND IVB | AT COST | 230,491 | 230,491 |
| EVERMORE GLOBAL VALUUE | AT COST | 36,902 | 36,171 |
| FIRST EAGLE GLOBAL FUNDS CLASS I | AT COST | 28,893 | 27,067 |
| FPA CRESCENT FUND | AT COST | 33,585 | 30,262 |
| JP MORGAN LARGE CAP GROWTH FUND SELECT | AT COST | 13,165 | 13,727 |
| OAKMARK FUND CLASS I | AT COST | 28,125 | 28,626 |
| OAKMARK INTL FUND CLAS I | AT COST | 51,910 | 42,959 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 114 | 0 | 114 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 695 | 25 | 670 | |
| BAKKEN DRILLING FUND III LP EXPENSES & ORDINARY LOSES | 9,950 | 9,950 | 0 | |
| TROOP CARE PACKAGE SUPPLIES & POSTAGE | 62,270 | 0 | 62,270 | |
| STATE OF MINNESOTA | 25 | 0 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BAKKEN K-1 INCOME | 17,443 | 17,443 | 17,443 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 6,945 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 4,029 | 4,029 | 0 | |
| CONSULTING FEES | 15,450 | 0 | 15,450 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 206 | 206 | 0 |