| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 3,620 | 3,620 | 0 |
| 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 | 2000-07-01 | 322,000 | 191,564 | SL | 39.000000000000 | 8,256 | 8,256 | ||
| BUILDING IM PF | 2006-07-01 | 40,751 | 1,045 | SL | 39.000000000000 | 1,045 | 1,045 | ||
| BUILDING - ROOF | 2011-09-01 | 40,000 | 1,026 | SL | 39.000000000000 | 1,026 | 1,026 | ||
| LAND | 2000-07-01 | 21,200 | L | 0 | 0 | ||||
| LAND - CLARK CO. 4.32 ACRES | 120,000 | L | 0 | 0 | |||||
| LAND - 12 OAKS SUBDIVISION | 185,450 | L | 0 | 0 | |||||
| LAND - MT. VERNON VACANT LOT | 160,000 | L | 0 | 0 |
| Dissolution Name | Dissolution Address | Explanation | Dissolution Amount |
|---|---|---|---|
| RAMSEY EVERGREEN FOUNDATION INC |
1515 ORMSBY STATION COURT LOUISVILLE,KY40223 |
CASH OF $250,000RAMGUARD CLASS A SHARES VALUED AT $11,250,000 | 11,500,000 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
RAMSEY EVERGREEN FOUNDATION INC |
1515 ORMSBY STATION COURT LOUISVILLE,KY40223 |
2021-07-01 | 11,500,000 | THE GRANT IS TO BE USED TO ENDOW THE RAMSEY EVERGREEN FOUNDATION, INC. (GRANTEE) AND ALLOW THE GRANTEE TO MAKE GRANTS TO QUALIFIED RECIPIENT ORGANIZATIONS ONLY FOR CHARITABLE PURPOSES AS DESCRIBED IN THE GRANT AGREEMENT APPROVED BY THE GRANTOR ON JULY 1, 2021. THE GRANTEE WILL USE THE GRANT FUNDS FOR EXCLUSIVELY CHARITABLE, SCIENTIFIC, AND/OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. | 11,500,000 | NO DIVERSION OF ANY FUNDS FROM THE PURPOSE, TO THE KNOWLEDGE OF THE GRANTOR. | 12/16/21 | THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT IN GAB | 430,000 | 2,164,014 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 322,000 | 199,820 | 122,180 | |
| BUILDING IM PF | 40,751 | 2,090 | 38,661 | |
| BUILDING - ROOF | 40,000 | 2,052 | 37,948 | |
| LAND | 21,200 | 0 | 21,200 | |
| LAND - CLARK CO. 4.32 ACRES | 120,000 | 0 | 120,000 | |
| LAND - 12 OAKS SUBDIVISION | 185,450 | 0 | 185,450 | |
| LAND - MT. VERNON VACANT LOT | 160,000 | 0 | 160,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RAMGUARD LLC | FMV | 24,463,459 | 24,463,459 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 6,297 | 6,297 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES ON RAMGUARD LLC | 94,154 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 198 | 100 | 99 | |
| OTHER DEDUCTIONS FROM K-1 RAMGUARD | 32,429 | 32,429 | 0 | |
| FILING FEE | 15 | 0 | 0 | |
| MEALS | 429 | 0 | 0 | |
| MEMBERSHIP FEES | 8,750 | 0 | 8,750 | |
| INSURANCE | 5,450 | 5,450 | 0 | |
| REPAIRS & MAINTENANCE | 1,158 | 1,158 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ORDINARY GAIN FROM RAMGUARD K-1 | 916,386 | 916,386 | 916,386 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ESTIMATED TAXES | 25,800 | 0 | 0 | |
| PROPERTY TAXES | 9,837 | 9,837 | 0 |