| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND TAX PREPARATION | 35,625 | 0 | 47,533 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 400 CAPITAL CREDIT OPP FUND, LTD | FMV | 1,366,370 | 1,366,370 |
| ALLIED INVENTORS FUND, LLC | FMV | 195,576 | 195,576 |
| ARGA EMERGING MARKETS EQUITY FUND | FMV | 4,860,690 | 4,860,690 |
| ARGONAUT PRIVATE EQUITY FUND IV | FMV | 1,084,987 | 1,084,987 |
| ARTISAN HIGH INCOME FUND | FMV | 1,361,104 | 1,361,104 |
| BLUE SEA CAPITAL FUND II, LP | FMV | 1,103,097 | 1,103,097 |
| BRECKINRIDGE SUSTAINABLE CORE | FMV | 5,288,059 | 5,288,059 |
| CANAAN NATURAL GAS FUND IX | FMV | 25,833 | 25,833 |
| CANAAN NATURAL GAS FUND X | FMV | 72,076 | 72,076 |
| CAPITAL TODAY CHINA GROWTH FUND, LP | FMV | 443,262 | 443,262 |
| CENTANA GROWTH PARTNERS II, LP | FMV | 270,784 | 270,784 |
| CEVIAN CAPITAL II, LTD | FMV | 1,448,848 | 1,448,848 |
| DAVIDSON KEMPNER INT'L (BVI), LTD | FMV | 1,827,343 | 1,827,343 |
| DODGE COX INCOME FUND (DODIX) | FMV | 5,370,724 | 5,370,724 |
| DWS INVESTMENT MANAGEMENT | FMV | 28,194,891 | 28,194,891 |
| DWS RREEF REAL ASSETS FUND (AAASX) | FMV | 4,245,104 | 4,245,104 |
| FIDELITY REAL ESTATE INDEX FUND (FSRNX) | FMV | 5,680,535 | 5,680,535 |
| FS EQUITY PARTNERS VIII, LP | FMV | 674,062 | 674,062 |
| GQG PARTNERS EMERGING MARKETS EQUITY FUND (GQGIX) | FMV | 4,659,059 | 4,659,059 |
| HARDING LOEVNER INT'L EQUITY (HLMIX) | FMV | 10,439,763 | 10,439,763 |
| HBK MULTI-STRATEGY OFFSHORE FUND, LTD | FMV | 1,802,385 | 1,802,385 |
| JP MORGAN CORE BOND FUND I (WOBDX) | FMV | 5,395,533 | 5,395,533 |
| KINGSWOOD CAPITAL OPPORTUNITIES FUND I-A, LP | FMV | 2,007,084 | 2,007,084 |
| LITTLEJOHN FUND VI, LP | FMV | 1,270,878 | 1,270,878 |
| LUMINATE CAPITAL PARTNERS II, LP | FMV | 954,511 | 954,511 |
| LUMINATE CAPITAL PARTNERS III-A, LP | FMV | 599,511 | 599,511 |
| MEANINGFUL PARTNERS DC VEHICLE I, LP | FMV | 1,021,799 | 1,021,799 |
| METROPOLITAN REAL ESTATE PARTNERS IV-A, LP | FMV | 376,799 | 376,799 |
| MIDOCEAN CREDIT OPP OFFSHORE FUND, LTD | FMV | 1,081,290 | 1,081,290 |
| MW EUREKA FUND | FMV | 2,029,326 | 2,029,326 |
| OAKMARK INT'L FUND (OAKIX) | FMV | 9,981,154 | 9,981,154 |
| P4G CAPITAL PARTNERS I-A, LP | FMV | 154,442 | 154,442 |
| PANGAEA TWO, LP | FMV | 3,196,175 | 3,196,175 |
| PGIM GLOBAL TOTAL RETURN (PGTQX) | FMV | 2,673,625 | 2,673,625 |
| PIMCO BRAVO FUND ONSHORE FEEDER I, LP | FMV | 3,912 | 3,912 |
| PIMCO INT'L BOND FUND (UNHEDGED) (PFUAX) | FMV | 1 | 1 |
| PIMCO STOCKPLUS SMALL FUND (PSCSX) | FMV | 4,725,931 | 4,725,931 |
| PSAM WORLDARB FUND, LTD | FMV | 1,442,317 | 1,442,317 |
| Q-BLK PRIVATE CAPITAL II PARALLEL, LP | FMV | 147,419 | 147,419 |
| QUESTA CAPITAL PARTNERS I, LP | FMV | 1,839,377 | 1,839,377 |
| QUESTA CAPITAL PARTNERS II, LP | FMV | 701,514 | 701,514 |
| RESOURCE LAND VALUE IV, LLC | FMV | 466,887 | 466,887 |
| SEEDING & STRATEGIC CAPITAL FUND II, LP | FMV | 629,449 | 629,449 |
| SENATOR GLOBAL OPP OFFSHORE FUND, LTD | FMV | 2,099,152 | 2,099,152 |
| SER CAPITAL PARTNERS I-A, LP | FMV | 365,595 | 365,595 |
| SUVRETTA OFFSHORE FUND, LTD | FMV | 1,708,025 | 1,708,025 |
| TREND MACRO OFFSHORE, LTD | FMV | 1,424,696 | 1,424,696 |
| TRUEBRIDGE CAPITAL PARTNERS FUND VI (CAYMAN), LP | FMV | 1,031,250 | 1,031,250 |
| VALINOR CAPITAL PARTNERS OFFSHORE, LTD | FMV | 272,984 | 272,984 |
| VISTRIA FUND IV (FT), LP | FMV | 348,224 | 348,224 |
| WEISS MULTI-STRAT PARTNERS (CAYMAN), LTD | FMV | 1,746,204 | 1,746,204 |
| WELLINGTON SMALL CAP OPPORTUNITIES FUND | FMV | 5,385,719 | 5,385,719 |
| WOLVERINE FLAGSHIP FUND LTD | FMV | 1,579,875 | 1,579,875 |
| WOODLINE OFFSHORE FUND, LTD | FMV | 1,500,000 | 1,500,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND EQUIPMENT | 11,350 | 9,936 | 1,414 | 1,414 |
| LEASEHOLD IMPROVEMENT | 646,325 | 161,581 | 484,744 | 484,744 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 8,151 | 0 | 11,391 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TAX DEPOSITS | 78,738 | 80,694 | 80,684 |
| INVESTMENT PROCEEDS RECEIVABLE | 1,351,781 | 112,548 | 112,548 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 639 | 639 | 0 | |
| SOFTWARE LICENSING | 23,922 | 0 | 23,922 | |
| INSURANCE | 22,684 | 0 | 24,050 | |
| DUES AND SUBSCRIPTIONS | 42,076 | 0 | 41,576 | |
| OFFICE EQUIPMENT | 21,661 | 0 | 21,661 | |
| OFFICE EXPENSE | 9,568 | 0 | 9,967 | |
| PAYROLL PROCESSING FEES | 912 | 0 | 912 | |
| TELEPHONE AND INTERNET | 10,340 | 0 | 10,340 | |
| CAPACITY BUILDING | 7,491 | 0 | 7,491 | |
| PROFESSIONAL DEVELOPMENT | 8,716 | 0 | 3,716 | |
| OTHER PARTNERSHIP EXPENSES | 0 | 670,329 | 0 | |
| HONORARIUM | 1,894 | 0 | 1,894 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP GAIN | 0 | 36,881 | 0 |
| LITIGATION PROCEEDS | 422 | 422 | 422 |
| UBIT PARTNERSHIP GAIN THROUGH K-1 | 98,511 | 98,511 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 3,997,363 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PENSION PAYABLE | 89,359 | 122,895 |
| CAPITAL REQUIREMENTS | 28,677 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMUNICATIONS AND SOCIAL MEDIA CONSULTANTS | 12,363 | 0 | 12,363 | |
| PROGRAM CONSULTANTS | 15,000 | 0 | 15,000 | |
| COMPUTER CONSULTANTS | 11,090 | 0 | 11,090 | |
| OTHER CONSULTANTS | 45,856 | 0 | 51,856 | |
| INVESTMENT CONSULTANTS | 131,858 | 131,858 | 0 | |
| INVESTMENT ADVISORY FEES | 678,385 | 28,347 | 0 | |
| EXECUTIVE SEARCH FIRM | 30,410 | 0 | 30,410 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 39,426 | 60,992 | 0 | |
| FEDERAL EXCISE TAX | 200,225 | 0 | 0 |