| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 10,263 | 2,566 | 2,566 | 7,697 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SILCHESTER - INTERNATIONAL | AT COST | 2,009,728 | 1,692,236 |
| HARBOR FUNDS | AT COST | 1,251,171 | 1,209,816 |
| PIMCO INCOME FUND | AT COST | 916,471 | 906,221 |
| SOVEREIGNS CAPITAL | AT COST | 147,443 | 499,106 |
| JENSEN QUALITY GROWTH FUND | AT COST | 1,124,433 | 1,494,945 |
| MARSH WACE FUND | AT COST | 1,030,915 | 1,255,680 |
| CANYON DISTRESSED OPP FUND II | AT COST | 259,107 | 243,473 |
| SILVER POINT CAPITAL LP | AT COST | 1,000,000 | 1,007,234 |
| LMMI (OFFSHORE) IV | AT COST | 73,490 | 64,684 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 2,221 | 0 | 0 | 2,221 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 431 | 0 | 0 | 431 |
| COMPUTER EXPENSES | 3,010 | 0 | 0 | 3,010 |
| CONTRACT LABOR | 364 | 0 | 0 | 364 |
| MEALS & ENTERTAINMENT | 918 | 0 | 0 | 918 |
| REPAIRS & MAINTENANCE | 1,701 | 0 | 0 | 1,701 |
| SUPPLIES | 4,751 | 0 | 0 | 4,753 |
| INSURANCE | 4,213 | 0 | 0 | 4,213 |
| INVESTMENT FEES | 16,705 | 16,705 | 16,705 | 0 |
| POSTAGE | 477 | 0 | 0 | 477 |
| EQUIPMENT RENTAL | 1,988 | 0 | 0 | 1,988 |
| AUTO | 529 | 0 | 0 | 529 |
| PORTFOLIO DED-NEWPORT ASIA-PER K-1 | 11,700 | 11,700 | 11,700 | 11,700 |
| PROGRAM EXPENSE | 43,724 | 0 | 0 | 43,724 |
| PORTFOLIO DED-SILCHESTER-PER K-1 | 76 | 76 | 76 | 0 |
| PORTFOLIO DED-SOVEREIGN'S CAPITAL-PER K-1 | 5,225 | 5,225 | 5,225 | 0 |
| DUES AND SUBSCRIPTIONS | 1,577 | 0 | 0 | 1,577 |
| SECURITY | 25 | 0 | 0 | 25 |
| TELEPHONE | 716 | 0 | 0 | 716 |
| LICENSES & FEES | 1,259 | 0 | 0 | 1,259 |
| PORTFOLIO DED-CDOF II-PER K-1 | 3,688 | 3,688 | 3,688 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CANYON DISTRESSED OPP. FD II | 7,030 | 7,030 | 7,030 |
| SILCHESTER TOBACCO FREE INTL VALUE EQUITY TR | -3,955 | -3,955 | -3,955 |
| NEWPORT ASIA INSTITUTIONAL FUND LP | -416 | -416 | -416 |
| SOVEREIGN'S CAPITAL LP | -391 | -391 | -391 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 3,569 | 726 |
| MEDICAL INS PAYABLE | 47 | 27 |
| SIMPLE IRA PAYABLE | 0 | 826 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORS | 16,159 | 16,159 | 16,159 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SILCHESTER FOREIGN TAXES | 6,616 | 6,616 | 6,616 | 0 |
| NEWPORT ASIA FOREIGN TAXES | 957 | 957 | 957 | 0 |
| CANYON DISTR OPP FD FOREIGN TAXES | 12 | 12 | 12 | 0 |
| INCOME TAXES - CY | 31,240 | 0 | 0 | 0 |
| INCOME TAXES - PY | 21,946 | 0 | 0 | 0 |