| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL AND ACCOUNTING | 16,355 | 8,177 | 0 | 8,178 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APPLIED MATLS INC COMMON | 14,201 | 119,853 |
| SOUTHWEST AIRLS CO COMMON | 57,573 | 239,206 |
| ENTERPRISE PRODS PARTNERS L COMMON | 19,938 | 57,772 |
| EOG RES INC COMMON | 48,261 | 35,450 |
| ALPHABET INC CAP STK CL A | 182,699 | 456,432 |
| VANGUARD INDEX FDS SMALL CP ETF | 241,389 | 310,352 |
| INTUITIVE SURGICAL INC COMMON NEW | 475,156 | 830,060 |
| AMAZON COMMON INC COMMON | 368,730 | 540,240 |
| MERCK & CO.. INC COMMON | 41,968 | 58,847 |
| VANGUARD INDEX FDS TOTAL STK MKT | 1,371,066 | 1,577,797 |
| SAN JUAN BASIN RTY TR UNIT BEN INT | 65,688 | 47,573 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FOUNDATION MINERAL PARTERS II, L.P. | AT COST | 409,127 | 1,010,123 |
| FOUNDATION MINERAL PARTERS III, L.P. | AT COST | 464,258 | 163,965 |
| FOUNDATION MINERAL PARTERS, L.P. | AT COST | 13,203 | 41,762 |
| GOLD COINS - 1 OUNCE AMERICAN GOLD EAGLES | AT COST | 172,098 | 147,214 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEFERED LOSS | 4,047 | 4,328 | 4,328 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE PASSTHROUGH ITEMS | 1,440 |
| EXCESS OF FAIR MARKET VALUE OF STOCK CONTRIBUTED OVER TAX BASIS | 356,384 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INLAND INVESTMENTS MANAGEMENT FEES | 123,038 | 116,886 | 0 | 6,152 |
| BOA CUSTODY FEES | 5,280 | 5,280 | 0 | 0 |
| ROYALTY EXPENSES-FOUNDATION MINERAL PARTNERS, L.P. | 2,767 | 2,767 | 0 | 0 |
| ROYALTY EXPENSES-FOUNDATION MINERAL PARTNERS II, L.P. | 1,363 | 1,363 | 0 | 0 |
| ROYALTY EXPENSES-FOUNDATION MINERAL PARTNERS III, L.P. | 6,158 | 6,158 | 0 | 0 |
| ROYALTY EXPENSES-SAN JUAN BASIN ROYALTY TRUST | 204 | 204 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FOUNDATION MINERAL PARTNERS, L.P. | 8,205 | 8,205 | 8,205 |
| FOUNDATION MINERAL PARTNERS II, L.P. | 13,329 | 13,329 | 13,329 |
| FOUNDATION MINERAL PARTNERS III, L.P. | 14,366 | 14,366 | 14,366 |
| SAN JUAN BASIN ROYALTY TRUST | 93 | 93 | 93 |
| ENTERPRISE PRODUCTS PARTNERS LP | -4,046 | -94 | -4,046 |
| Description | Amount |
|---|---|
| CORRECT PRIOR YEARS BALANCE OF PREPAIDS | 4,162 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 14,174 | 0 | 0 | 0 |
| SEVERANCE TAX-FOUNDATION MINERAL PARTNERS, L.P. | 370 | 370 | 0 | 0 |
| SEVERANCE TAX-FOUNDATION MINERAL PARTNERS II, L.P. | 253 | 253 | 0 | 0 |
| SEVERANCE TAX-FOUNDATION MINERAL PARTNERS III, L.P. | 25 | 25 | 0 | 0 |
| SEVERANCE TAX-SAN JUAN BASIN ROYALTY TRUST | 8 | 8 | 0 | 0 |