| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PROMISSORY NOTE-NECTRO MEDICAL INC | 75,000 | 75,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIRST REPUBLIC BROKERAGE ACCOUNTS (STOCKS/BONDS/FUNDS) | AT COST | 5,298,789 | 5,993,277 |
| INSURANCE POLICIES | AT COST | 329,381 | 329,381 |
| 5,193 SHS MAXAM ABSOLUTE RETURN FUND | AT COST | 1,641 | 1,641 |
| NET RETURNS FUND | AT COST | 500,000 | 500,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL | 9,745 | 0 | 9,745 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 25,000 | 25,000 | 0 | |
| OFFICE | 5,223 | 0 | 5,223 | |
| PAYROLL | 45,920 | 0 | 45,970 | |
| PAYROLL PROCESSING FEES | 1,571 | 0 | 1,571 | |
| DUES & MEMBERSHIPS | 8,888 | 0 | 8,888 | |
| FUNDRAISING EVENT | 1,000 | 0 | 1,000 | |
| BANK FEES | 210 | 210 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 789 | 789 | 789 |
| MAXAM ABSOLUTE FUND | 132,085 | 132,085 | 132,085 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| AMEX | 58,110 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 335 | 335 | 0 | |
| EXCISE TAX | 7,166 | 0 | 0 | |
| PAYROLL TAXES | 5,138 | 0 | 5,138 |