| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 18,744 | 14,244 | 4,500 |
| 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 |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUITIES & FIXED INCOME FUNDS | FMV | 5,289,867 | 5,289,867 |
| INV IN BROOKFIELD INFRASTUCTUR | AT COST | 108,801 | 135,837 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 23,850 | 23,850 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ROYALTIES | 5,400,000 | 5,400,000 | 5,400,000 |
| ARTIFACTS | 0 | 17,630 | 17,630 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 62,658 | 62,658 | ||
| ADMINISTRATIVE EXPENSES | 577 | 577 | ||
| OFFICE EXPENSE | 2,242 | 2,242 | ||
| BANK FEES | 3,075 | 1,538 | 1,537 | |
| INVESTMENT EXPENSES | 985 | 985 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 Income | 2,330 | 2,330 | |
| Royalties | 487,492 | 487,492 |
| Description | Amount |
|---|---|
| TRANSFER FROM ALVA CRAFT FOUNDATION | 1,216,945 |
| UNREALIZED GAIN ON INVESTMENTS | 583,501 |
| CONTRIBUTION FMV DIFFERENCE | 35,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 12,694 | 12,694 | ||
| FEDERAL EXCISE TAX PAID | 3,979 | 3,979 | ||
| STATE TAXES PAID | 750 | 750 |