| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 45,502 | 0 | 45,502 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 340,406 | 340,406 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS | FMV | 4,190,649 | 4,190,649 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | 63,889 | 60,635 | 3,254 | 3,254 |
| FURNITURE & FIXTURES | 64,355 | 61,146 | 3,209 | 3,209 |
| LEASEHOLD IMPROVEMENTS | 4,940 | 4,940 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 120 | 0 | 120 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT | 21,000 | 21,000 | 21,000 |
| DEFERRED GRANT EXPENSE, NET OF CURRENT PORTION AND DISCOUNT | 12,949,322 | 8,770,175 | 8,770,175 |
| GRANTS RECEIVABLE, NET OF CURRENT PORTION AND DISCOUNT | 13,904,349 | 9,432,363 | 9,432,363 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSES | 7,444 | 0 | 7,444 | |
| TELEPHONE & COMMUNICATIONS | 45,400 | 0 | 45,400 | |
| BANK CHARGES | 1,453 | 1,453 | 0 | |
| INSURANCE | 1,572 | 0 | 1,572 | |
| POSTAGE, MAILING SERVICE | 10,539 | 0 | 10,539 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED RENT ABATEMENT | 10,850 | 13,418 |
| GRANTS PAYABLE, NET OF CURRENT PORTION AND DISCOUNT | 12,949,322 | 8,770,175 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 87,906 | 0 | 87,906 | |
| TEMPORARY STAFF | 5,475 | 0 | 5,475 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 6,337 | 0 | 0 |