| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,565 | 1,565 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MARKETABLE SECURITIES | 5,656,074 | 11,004,945 | 20,331,533 |
| BONDS | 1,450,356 | 937,143 | 996,259 |
| INVESTMENT IN FENGHUANG INVESTMENTS LLC | 469,101 | 503,121 | 721,297 |
| INVESTMENT IN QILIN INVESTMENTS LLC | 634,033 | 653,430 | 707,351 |
| INVESTMENT IN SPF INVESTMENTS LLC | 4,162,315 | 4,247,723 | 4,428,600 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FENGHUANG INVESTMENTS LLC INVESTMENT EXPENSES | 5,564 | 5,564 | 0 | |
| QILIN INVESTMENTS LLC INVESTMENT EXPENSES | 414 | 414 | 0 | |
| SPF INVESTMENTS LLC INVESTMENT EXPENSES | 41,508 | 41,508 | 0 | |
| OTHER EXPENSE | 857 | 857 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 14,524 | 14,524 | 0 | |
| FOREIGN TAX | 6,625 | 6,625 | 0 |