| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll service | 661 | |||
| CPA firm to provide assistance on loan creation | 2,400 | |||
| CPA firm to provide assistance on IRS inquiry | 1,138 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNI EQUIP / iPads / Computers | 2016-01-01 | 11,452 | 5,229 | SL | 0000000007.000000000000 | 1,415 | 1,415 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| As the David Faten Black Foundation, Inc. EIN 46-1350510 Chief Financial Officer I hereby ELECTS to | As the David Faten Black Foundation, Inc. EIN 46-1350510 Chief Financial Officer I hereby ELECTS to apply Prior Year Excess Distributions to satify its current year distribution requirements. This Election is made in leiu of locating any form to do so at the IRS website. If this creates a problem please notify me ASAP. Donald F. Wilkens |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 786 shares of VIRTUS KAR SMALL CAP GRWTH PXSGX | 33,139 | 38,369 |
| 594 shares of SPDR DOW JONES INDL AVER DIA | 162,353 | 215,812 |
| 1477 shares of MORGAN STANLEY INTL ADVANTAGE | 30,405 | 44,742 |
| 6586 shares of USB US QUALITY GROWTH QGRPX | 73,131 | 94,387 |
| 296 shares of ISHARES CORE SP 500 ETF | 131,483 | 141,189 |
| 1750 shares of SMEAD VALUE FUND CLASS | 113,311 | 121,183 |
| 3023 shares of USB US DIVIDEND RULER | 39,427 | 41,384 |
| 2901 shares of AB MUNICIPAL BOND INFLATION | 31,637 | 32,384 |
| 15160 shares of PIMCO REAL RETURN FUND | 185,262 | 186,771 |
| 4850 shares of EV SHT DUR MUNI OPP | 50,303 | 50,013 |
| 5941 shares of EV SHT DUR INFL PROTECTED | 62,548 | 62,261 |
| 2853 shares of VIRTUS KAR SM-MID CAP CORE | 52,541 | 56,623 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture / iPads / Computers | 11,452 | 6,644 | 4,808 | 4,808 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL EXPENSE | 598 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Unrealized Gain Loss On Investments | 178,134 | 119,578 | 119,578 |
| Note Receivable from DBFT Inc. dba Hukuma 501c3 Non Profit | 51,944 | 303,248 | 303,248 |
| Description | Amount |
|---|---|
| Unrealized Securites Gain / Mark to Market | 61,955 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 4,032 | 4,032 | ||
| INSURANCE | 664 | 664 | ||
| EQUIPMENT MAINTENANCE SUPPLIES | 1,108 | 1,108 | ||
| OFFICE EXPENSE | 926 | 926 | ||
| POSTAGE AND DELIVERY | 363 | 363 | ||
| OTHER MISCELLANEOUS COSTS | 344 | 344 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U. B. S INVTMT MGMT FEES / BANK CHGR | 10,923 | 10,923 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 6,169 | 6,169 |