TY 2021 Form 990PF

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	486,125	469,683	469,683
	2	Savings and temporary cash investments.........		353,039	353,039
	3	Accounts receivable 3,346
		Less: allowance for doubtful accounts	22,664	3,346	3,346
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	75,261	40,751	40,751
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,275,235	4,107,748	4,107,748
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	2,851,465	3,110,009	3,110,009
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	7,710,750	8,084,576	8,084,576
	17	Accounts payable and accrued expenses..........	7,750
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	100,000	0
	23	Total liabilities (add lines 17 through 22).........	107,750	0
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	7,603,000	8,084,576
	29	Total net assets or fund balances (see instructions).....	7,603,000	8,084,576
	30	Total liabilities and net assets/fund balances (see instructions).	7,710,750	8,084,576

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

7,603,000

Enter amount from Part I, line 27a .....................

-35,939

Other increases not included in line 2 (itemize) bullet

583,885

Add lines 1, 2, and 3 ..........................

8,150,946

Decreases not included in line 2 (itemize) bullet

66,370

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

8,084,576

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(d) Date sold (mo., day, yr.)
1 a	PASSTHROUGH - 651 NY AVE FUNDING LLC	P	2021-12-31
b	PASSTHROUGH - ACRES CAPITAL DEBT OPPORTUNITY FUND	P	2021-12-31
c	PASSTHROUGH - CANYON LAUREL FUND	P	2021-12-31
d	PASSTHROUGH - COLUMBIA LAKE PARTNERS GROWTH LENDING	P	2021-12-31
e	PASSTHROUGH - JERICA COMMERCIAL REAL ESTATE INDEX FUND	P	2021-12-31
	PASSTHROUGH - JERICA COMMERCIAL REAL ESTATE INDEX FUND	P	2021-12-31
	PASSTHROUGH - MAVERICK LIEN FUND V CO-INVESTORS	P	2021-12-31
	PASSTHROUGH - MAVERICK LIEN FUND V LP	P	2021-12-31
	PASSTHROUGH - MAVERICK LIEN FUND V LP	P	2021-12-31
	PASSTHROUGH - OXBRIDGE PARTNERS	P	2021-12-31
	PASSTHROUGH - OXBRIDGE PARTNERS	P	2021-12-31
	PASSTHROUGH - PRIVATE II	P	2021-12-31
	PASSTHROUGH - PRIVATE II	P	2021-12-31
	PASSTHROUGH - SSCOF	P	2021-12-31
	PASSTHROUGH - SSCOF	P	2021-12-31
	THE REAL BROKERAGE INC	D	2021-12-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	46,269		46,269
b	250		250
c	21,883		21,883
d	14,235		14,235
e		36,842	-36,842
		340,790	-340,790
	1,720		1,720
	12,376		12,376
	6,898		6,898
	69		69
	10,476		10,476
	6,636		6,636
	504		504
	1,528		1,528
	6,687		6,687
	93,999		93,999

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			46,269
b			250
c			21,883
d			14,235
e			-36,842
			-340,790
			1,720
			12,376
			6,898
			69
			10,476
			6,636
			504
			1,528
			6,687
			93,999

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-154,102
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	1,792
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	1,792
6	Credits/Payments:

a	2021 estimated tax payments and 2020 overpayment credited to 2021	6a	5,200
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	5,200
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	14
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	3,394
11	Enter the amount of line 10 to be: Credited to 2022 estimated tax3,394	Refunded	11	0

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
MARTIN J GROSS	TRUSTEE 1.00	0	0	0
1 SANDALWOOD DRIVE LIVINGSTON,NJ07039
SHARON ALTMAN	TRUSTEE 1.00	0	0	0
504 LONG HILL DRIVE SHORT HILLS,NJ07078
MICHAEL S LEWIS CO MEISEL TUTEUR	TRUSTEE 1.00	0	0	0
101 EISENHOWER PARKWAY ROSELAND,NJ07068

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2020	(c) 2020	(d) 2021
1 Distributable amount for 2021 from Part X, line 7					234,942
2 Undistributed income, if any, as of the end of 2021:
a Enter amount for 2020 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2021:
a From 2016......	755,774
b From 2017......	805,266
c From 2018......	758,826
d From 2019......	504,543
e From 2020......	747,662
f Total of lines 3a through e ........		3,572,071
4Qualifying distributions for 2021 from Part
XI, line 4: $ 825,681
a Applied to 2020, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2021 distributable amount.....					234,942
e Remaining amount distributed out of corpus		590,739
5 Excess distributions carryover applied to 2021.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		4,162,810
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2019. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2021. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2022 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2016 not applied on line 5 or line 7 (see instructions) ...		755,774
9 Excess distributions carryover to 2022. Subtract lines 7 and 8 from line 6a ......		3,407,036
10 Analysis of line 9:
a Excess from 2017....	805,266
b Excess from 2018....	758,826
c Excess from 2019....	504,543
d Excess from 2020....	747,662
e Excess from 2021....	590,739

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2021	(b) 2020	(c) 2019	(d) 2018	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN FREINDS OF IDC 142 WEST 57TH STREET NEW YORK,NY10019	NONE		CHARITY	14,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY ONE BATTERY PARK PLAZA 25TH FLOOR NEW YORK,NY10004	NONE		CHARITY	50,000
AMERICAN ISRAEL EDUCATION FOUNDATION 251 H STREET NW WASHINGTON,DC20001	NONE		CHARITY	75,000
AMERICAN ISREAL FRIENDSHIP LEAGUE 1460 BROADWAY NEW YORK,NY10036	NONE		CHARITY	3,000
AMERICANS FOR OXFORD INC 500 FIFTH AVENUE 32ND FLOOR NEW YORK,NY10110	NONE		CHARITY	404,981
BALTIMORE SQUASHWISE 3600 CLIPPER MILL ROAD BALTIMORE,MD21211	NONE		CHARITY	1,000
CENTER FOR PEACE COMMUNICATIONS 1623 FLATBUSH AVE NEW YORK,NY11210	NONE		CHARITY	10,000
FOUNDATION FOR MORRISTOWN MEDICAL CENTER 475 SOUTH STREET MORRISTOWN,NJ07960	NONE		CHARITY	10,000
GLASS ROOTS 10 BLEEKER STREET NEWARK,NJ07102	NONE		CHARITY	10,000
NEW YORK HISTORICAL SOCIETY 170 CENTRAL PARK WEST AT RICHARD GILDER WAY NEW YORK,NY10024	NONE		CHARITY	100,000
SUCCESS ACADEMY CHARTER SCHOOLS 95 PINE STREET FLOOR 6 NEW YORK,NY10005	NONE		CHARITY	15,000
THE ALGEMEINER 788 EASTERN PARKWAY SUITE 303 BROOKLYN,NY11213	NONE		CHARITY	2,500
CENTRAL FUND OF ISRAEL 461 CENTRAL AVENUE CEDARHURST,NY10018	NONE		CHARITY	2,000
COMMUNITY FUNDS INC PO BOX 22472 NEW YORK,NY10087	NONE		CHARITY	10,000
CONGREGATION OF EMAU-EL 1 EAST 65TH STREET NEW YORK,NY10065	NONE		CHARITY	25,000
JEWISH BUSINESS NETWORK 303 BROADWAY DOBBS FERRY,NY10522	NONE		CHARITY	18,000
JOSEPH KUSHNER HEBREW ACADEMY 110 SOUTH ORANGE AVENUE LIVINGSTON,NJ07039	NONE		CHARITY	5,400
NATIONAL LIBRARY OF ISRAEL 25 W 45TH STREET STE 701 NEW YORK,NY10036	NONE		CHARITY	44,800
THE MIRASOL FOUNDATIONS INC 11600 MIRSASOL WAY PALM BEACH GARDEN,FL33418	NONE		CHARITY	10,000
THE SUDC FOUNDATION 101 EISENHOWER PARKWAY ROSELAND,NJ07069	NONE		CHARITY	5,000
THE TIVKAH FUND 165 EAST 56TH STREET NEW YORK,NY10222	NONE		CHARITY	10,000
Total ................................. 3a				825,681

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	958,518
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	224,919		224,919
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-154,102
b	Gross sales price for all assets on line 6a 223,530
7	Capital gain net income (from Part IV, line 2)...			0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		51,362	51,362
12	Total. Add lines 1 through 11........	1,080,697		276,281
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		5,750	0	0
c	Other professional fees (attach schedule)....		182,741	75,000	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		12,374	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		90,090	72,359	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	290,955		147,359	0
25	Contributions, gifts, grants paid.......	825,681			825,681
26	Total expenses and disbursements. Add lines 24 and 25	1,116,636		147,359	825,681
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-35,939
b	Net investment income (if negative, enter -0-)			128,922
c	Adjusted net income (if negative, enter -0-)...

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	-154,102
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		122,179	0

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
4	INVESTMENT MADE TO INCREASE THE REVENUE OF THE FOUNDATION
7	INVESTMENT MADE TO INCREASE THE REVENUE OF THE FOUNDATION

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

bApproved for future payment

Total ................................. 3b				0

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization THE MARTIN J GROSS FAMILY FOUNDATION I

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	MARTIN J GROSS ONE SANDALWOOD DRIVE LIVINGSTON, NJ07039	$ 958,518	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2021)

Name of organization THE MARTIN J GROSS FAMILY FOUNDATION I		Employer identification number 47-2439743

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
1	PUBLICLY TRADED SECURITIES	$ 958,518
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2021)


Name of organization THE MARTIN J GROSS FAMILY FOUNDATION I			Employer identification number 47-2439743
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
INVESTMENTS	AT COST	2,663,318	2,663,318
MARKETABLE SECURITIES	AT COST	350,000	350,000
MARKETABLE SECURITIES	AT COST	1,094,430	1,094,430

Description	Amount
651 NY AVE FUNDING LLC	26,766
ACRES CAPITAL DEBT OPPORTUNITY FUND	8
CANYON LAUREL FUND	18,902
COLUMBIA LAKE PARTNERS GROWTH LENDING	17,238
OXBRIDGE PARTNERS	3,456

Description	Revenue and Expenses per Books	Net Investment Income
BANK FEES	3,389	0
DUES AND SUBSCRIPTIONS	9,150	0
INSURANCE	4,535	0
OFFICE EXPENSE	657	0
OTHER INCOME (LOSS) - JERRICA COMMERCIAL REAL ESTATE INDEX FUND	12,898	12,898
OTHER INCOME (LOSS) - SSCOF	2,304	2,304
PORTFOILIO DEDUCTIONS - 651 NY AVE FUNDING LLC	144	144
PORTFOILIO DEDUCTIONS - LCP NPL 7 2018 LLC	33	33
PORTFOILIO DEDUCTIONS - SANDALWOOD PRIVATE II	20,412	20,412
PORTFOILIO DEDUCTIONS - SSCOF	3,078	3,078
PORTFOILIO DEDUCTIONS - UPPER90 FUND II LLC	5,946	5,946
PORTFOILIO DEDUCTIONS - UPPER90 ACQUCO I S LLC	286	286
PORTFOLIO DEDUCTIONS - JERICA COMMERCIAL REAL ESTATE INDEX FUND, LP	6,669	6,669
PORTFOLIO DEDUCTIONS - MAVEREICK LIEN FUND V CO-INVESTORS	494	494
PORTFOLIO DEDUCTIONS - MAVERICK LEIN FUND V	11,593	11,593
PORTFOLIO DEDUCTIONS - OXBRIDGE PARTNERS LP	6,192	6,192
PORTFOLIO DEUDCTIONS - CANYON LAUREL FUND	1,380	1,380
PORTFOILIO DEDUCTIONS - WINDROSE OPPORTUNITIES FUND SERIES C	930	930

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ACRES CAPITAL DEBT OPPORTUNITY FUND	539	539	539
CANYON COMMERICAL REAL ESTATE INDEX FUND	1,714	1,714	1,714
COLUMBIA LAKE PARTNERS GROWTH LENDING	26,078	26,078	26,078
MAVERICK LIEN FUND V LP	918	918	918
OXBRIDGE PARTNERS	9,676	9,676	9,676
SANDALWOOD PRIVATE II	12,324	12,324	12,324
UPPER90 FUND II	113	113	113

Software ID:
Software Version:

Description	Amount
JERICA COMMERCIAL REAL ESTATE INDEX FUND	5,173
MAVERICK LIEN FUND V CO-INVESTORS	84
MAVERICK LIEN FUND V LP	13,311
SANDALWOOD PRIVATE II	17,542
SANDALWOOD SPECIAL CREDIT OPPORTUNITY FUND	3,673
UPPER90 FUND II LLC	44,744
UPPER90 ACQUCO I S LLC	102,654
WINDROSE OPPORTUNITY FUND SERIES C LLC	1,758
FIRST MANHATTAN BROKERAGE	394,946

Category	Amount	Net Investment Income
APPRAISAL FEES	0	0
INVESTMENT ADVISORY FEES	75,000	75,000
OUTSIDE CONTRACT SERVICES	2,605	0
RESEARCH AND DEVELOPMENT	105,136	0