| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 1,700 | 850 | 850 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MARKETABLE SECURITIES | AT COST | 13,903,403 | 44,993,942 |
| BONDS | AT COST | 810,570 | 856,727 |
| INVESTMENT IN FENGHUANG | AT COST | 551,633 | 951,485 |
| INVESTMENT IN SPF | AT COST | 4,449,072 | 4,626,052 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER RECEIVABLES | 10,351 | 12,590 | 12,590 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FENGHUANG INVESTMENTS EXPENSE | 5,025 | 0 | 0 | |
| QILIN INVESTMENT EXPENSE | 3,416 | 3,416 | 0 | |
| SPF INVESTMENTS EXPENSE | 10,560 | 0 | 0 | |
| OTHER EXPENSES | 768 | 520 | 248 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SPF INVESTMENTS | 183,111 | 183,111 | 183,111 |
| FENGHUANG INVESTMENTS | -815 | -815 | -815 |
| SPF INVESTMENTS | -104,955 | -104,955 | |
| FENGHUANG INVESTMENTS | 1,541 | 1,541 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 841 | 0 | 0 | |
| FOREIGN TAX | 6,068 | 6,068 | 0 |