| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WIPFLI LLP | 2,080 | 1,560 | 520 | |
| ADLER ACCOUNTING & LEGAL FEES | 3,500 | 2,625 | 875 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ADLER EQUITY FUND, LLC | FMV | 3,149,680 | 3,149,680 |
| ADLER BOND FUND, LLC | FMV | 1,178,984 | 1,178,984 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS ON INVESTMENT PARTNERSHIPS | 160,275 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 746 | 0 | 746 | |
| NORTHERN TRUST - FEES | 37 | 37 | 0 | |
| MN ANNUAL REPORT FEES | 25 | 0 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INVESTMENT PARTNERSHIPS | 92 | 92 | 92 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 20,971 | 20,971 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ESTIMATED EXCISE TAX PAID - CURRENT YEAR | 2,212 | 0 | 0 | |
| FOREIGN TAX PAID - FROM K-1 | 25 | 25 | 0 |