| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 3,000 | 1,500 | 1,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TELEFONICA SA SPONSORED ADR | 521,230 | 163,152 |
| VALLEY NATL BANCORP | 700,806 | 638,348 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADVANTAGE PRIMARY LIQ FD | AT COST | 93,579 | 93,579 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LEM INVESTMENTS | 1,520,492 | 1,547,292 | 1,547,292 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 688 | 688 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM LEM REAL ESTATE K1- INTEREST | 122 | 122 | 122 |
| ORDINARY INCOME FROM PASSTHROUGH ENTITY | -9,434 | -9,434 | |
| CAPITAL GAIN FROM PASSTHROUGH ENTITY | 590,815 | 590,815 | |
| PORTFOLIO DECUCTIONS FROM PASSTHROUGH ENTITY | -7,500 | -7,500 | |
| OTHER DEDUCTIONS FROM PASSTHROUGH ENTITY | -83 | -83 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER PAYABLES | 8,500 | 11,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 1,845 | 1,845 | 0 | |
| UNRELATED BUSINESS INCOME TAX | 150,000 | 0 | 0 | |
| FEDERAL EXCISE TAX | 500 | 0 | 0 |