| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 4,475 | 2,237 | 2,238 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY [2327] - CORPORATE BONDS | 21,297,855 | 21,651,082 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 12,398 | 0 | 12,398 | |
| LICENSE | 4,538 | 0 | 2,269 | |
| MANAGEMENT FEES | 35,694 | 35,694 | 0 | |
| BANK FEE | 4,361 | 4,361 | 0 |
| Description | Amount |
|---|---|
| TIMING DIFFERENCES | 198,029 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROGRAM DEVELOPMENT COSTS | 63,155 | 0 | 63,155 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 439 | 439 | 0 |