| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Avalon Trust Portfolio | 4,666,096 | 8,752,623 |
| Description | Amount |
|---|---|
| adjustment to basis in donation of appreciated securites from FMV to Donor's | 714,446 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Postage | 200 | 0 | 200 | |
| State Registration Fees | 275 | 275 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Administration | 50,324 | 50,234 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Tax Withholding | 1,002 | 1,002 | 0 | |
| Excise Tax | 7,368 | 0 | 0 |