| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,500 | 2,750 | 2,750 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT-SUN VALLEY GOLD | AT COST | 2,489,980 | 1,213,604 |
| INVESTMENT-PRIVATE ADVISORS EQUITY | AT COST | 1,755,626 | 2,772,619 |
| INVESTMENT-KINYAN CAPITAL | AT COST | 1,348,352 | 1,822,747 |
| INVESTMENT-FOXHAVEN CAPITAL | AT COST | 1,318,606 | 1,563,063 |
| INVESTMENT-INTERRITUS LTD | AT COST | 1,552,433 | 1,392,864 |
| INVESTMENT-FORESTER OPPORTUNITIES, LTD | AT COST | 3,469,935 | 1,800,784 |
| INVESTMENT-IMPALA FUND | AT COST | 4,850,000 | 4,850,000 |
| INVESTMENT-FORESTER STRATEGIC OPPORTUNITIES, LTD | AT COST | 8,001,328 | 7,907,423 |
| INVESTMENT-IMPALA RESOURCE FUND | AT COST | 1,850,000 | 1,850,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DEDUCTIONS RELATED TO PORTFOLIO INCOME | 145,157 | 145,157 | 0 | |
| INVESTMENT MANAGEMENT FEES | 151,223 | 151,223 | 0 | |
| FILING FEE | 349 | 0 | 349 | |
| STOCK LOAN EXPENSE | 7,384 | 7,384 | 0 | |
| INVESTMENT MANAGEMENT PERFORMANCE FEE | 10,393 | 10,393 | 0 | |
| LOSS ON DIRIVATIVE CONTRACTS | 15,072 | 15,072 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SUNVALLEY GOLD | 1,311 | 1,311 | 1,311 |
| OTHER INCOME | 60 | 60 | 60 |
| FOXHAVEN CAPITAL | 5,908 | 5,908 | 5,908 |
| FORESTER STRAT OPP | 2,372 | 2,372 | 2,372 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 23,656 | 23,656 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 23,151 | 23,151 | 0 |