| Item No. | 1 |
|---|---|
| Lender's Name | James Russ |
| Lender's Title | Founder |
| Original Amount of Loan | 33997 |
| Balance Due | 0 |
| Date of Note | 2018-12 |
| Maturity Date | 2021-12 |
| Repayment Terms | Payable at discretion of Borrower |
| Interest Rate | |
| Security Provided by Borrower | None |
| Purpose of Loan | Provide Liquidity to the Foundation |
| Description of Lender Consideration | Cash |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Teacher expense $14,330 Classroom expense $1,436 Technology $169 Fees $175 | 16,110 | 0 | 0 | 16,110 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Robert Potter Foundation |
0 |