| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,230 | 3,230 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SERVISFIRST BANCSHARES | 2005-03 | PURCHASE | 2021-02 | 173,660 | 142,430 | 31,230 | ||||
| SERVISFIRST BANCSHARES | 2005-03 | PURCHASE | 2021-03 | 149,521 | 117,470 | 32,051 | ||||
| NOVARTIS AG | 2021-03 | PURCHASE | 2021-08 | 10,714 | 10,051 | 663 | ||||
| NOVARTIS AG | 2021-01 | PURCHASE | 2021-08 | 7,051 | 5,887 | 1,164 | ||||
| KYNDRYL HOLDINGS | 2021-03 | PURCHASE | 2021-11 | 334 | 426 | -92 | ||||
| KYNDRYL HOLDINGS | PURCHASE | 2021-11 | 216 | 342 | -126 | |||||
| SERVISFIRST BANCSHARES | 2005-03 | PURCHASE | 2021-11 | 35,927 | 20,480 | 15,447 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VARIOUS CORPORATE STOCKS | 522,843 | 650,959 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK CHARGES | 5 | 5 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST ON PROMISSORY NOTES | 2,654 | 2,654 | 2,654 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASTHETIK BHAM | NONE | 10,000 | 10,000 | 2019-08 | 2021-09 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE | |
| ONE DEGREE MARKETING | NONE | 10,000 | 10,000 | 2019-08 | 2021-10 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE | |
| SEVENTH GRAND | NONE | 10,000 | 10,000 | 2019-06 | 2021-08 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE | |
| THE PRESERVERY | NONE | 10,000 | 10,000 | 2019-06 | 2021-10 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE | |
| ENJOY ENTERTAINMENT | NONE | 10,000 | 10,000 | 2019-10 | 2021-12 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE | |
| GOOD DOG | NONE | 7,500 | 7,500 | 2019-10 | 2021-12 | MONTHLY INSTALLMENTS | 12.00 % | NONE | SMALL BUSINESS LOAN | NONE |
| Name | Address |
|---|---|
| THE WELCH GROUP LLC |
3940 MONTCLAIR RD - STE 500 BIRMINGHAM,AL35213 |
| STEWART H WELCH III |
3940 MONTCLAIR RD - STE 500 BIRMINGHAM,AL35213 |