| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,250 | 2,625 | 2,625 |
| 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 |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ML INVESTMENT ACCOUNTS | AT COST | 32,282,733 | 32,282,733 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 14,392 | 7,196 | 7,196 |
| Description | Amount |
|---|---|
| BOOK/TAX DIFFERENCE ON DEDUCTION OF | 0 |
| PLEDGED GRANTS | 7,850,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 130,790 | 130,790 | ||
| BANK CHARGES | 25 | 12 | 13 | |
| INSURANCE | 16,107 | 8,054 | 8,053 | |
| TELEPHONE | 2,737 | 1,368 | 1,369 | |
| LICENSE & PERMITS | 250 | 125 | 125 | |
| OFFICE EXPENSE | 2,027 | 1,013 | 1,014 | |
| POSTAGE | 50 | 25 | 25 | |
| OUTSIDE SERVICES | 320 | 160 | 160 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 27 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS PER BOOKS | 1,071,571 |
| DISCOUNT ON GRANTS PAYBLE PER BOOKS | 688,511 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FRANCHISE TAX BOARD | 10 | 10 | ||
| FEDERAL | 4,555 | 4,555 | ||
| FOREIGN TAXES | 11,289 | 11,289 |