| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX PREP FEES | 20,100 | 20,100 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING AND IMPROVEMENTS | 2005-12-01 | 17,732 | 12,492 | S/L | 20.0000 | 886 | |||
| LAND | 2005-12-01 | 1,000 | |||||||
| BUILDING IMPROVEMENTS | 2006-07-01 | 51,839 | 34,992 | S/L | 20.0000 | 2,592 | |||
| FURNITURE & FIXTURES | 2006-08-10 | 7,903 | 7,903 | S/L | 7.0000 | ||||
| OFFICE EQUIPMENT | 2006-07-01 | 4,444 | 4,444 | S/L | 5.0000 | ||||
| BUILDING AND IMPROVEMENTS | 2011-07-01 | 16,900 | 7,183 | S/L | 20.0000 | 845 | |||
| BUILDING AND IMPROVEMENTS | 2012-07-01 | 14,206 | 5,325 | S/L | 20.0000 | 711 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GS 0-8 SECURITIES | 336,583 | 1,012,190 |
| GS 3-3 SECURITIES | 4,510,393 | 5,430,624 |
| GS 9-7 SECURITIES | 496,255 | 809,991 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LONGLEAF PARTNERS FUND | AT COST | 758,804 | 658,882 |
| GOLDMAN SACHS 0-8 SECURITIES | AT COST | 129,801 | 127,272 |
| GOLDMAN SACHS 3-3 SECURITIES | AT COST | 309,993 | 327,411 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDLINGS | 113,024 | 77,373 | 35,651 | 35,651 |
| LAND | 1,000 | 1,000 | 1,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 6,128 | 6,128 | ||
| INSURANCE | 1,011 | 1,011 | ||
| PARTNERSHIP INVESTMENT ADJUST | 23,396 | 23,396 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 42,778 | 42,778 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ESTIMATED EXCISE TAXES PAID | 5,950 | |||
| EXCISE TAXES | 1,506 |