| 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 |
|---|---|---|---|---|---|---|---|---|---|
| MONUMENT | 2019-01-11 | 10,579 | 1,161 | 150DB | 20.000000000000 | 706 | 0 | 529 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| PENDING LITIGATION | PENDING LITIGATION | AS A RESULT OF A CHANGE IN MANAGEMENT, THE FOUNDATION WAS UNABLE TO OBTAIN THE BANK STATEMENTS FOR 2021 SINCE THE AUTHORIZED PERSONNEL IS NO LONGER A PART OF THE FOUNDATION. THE FOUNDATION IS IN LITIGATION WHICH MAY RESULT IN THE FOUNDATION OBTAINING THE AFOREMENTIONED BANK STATEMENTS. THAT LITIGATION IS PENDING HEARING BEFORE THE NEW YORK STATE SUPREME COURTS. A ZERO RETURN WILL BE FILLED AT THIS TIME, HOWEVER PENDING THE RESULTS OF THE LAWSUIT AN AMENDED RETURN WILL BE FILED. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MONUMENT | 10,579 | 1,867 | 8,712 |
| Description | Amount |
|---|---|
| INFORMATION NOT AVAILABLE (SEE FOOTNOTE) | 136,210 |