| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,280 | 3,640 | 3,640 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HARBOR BOND FUND | 6,395,037 | 6,395,037 |
| DOLAN MCENIRY BONDS-ML | 3,706,902 | 3,706,902 |
| VANGUARD HIGH YIELD CORP | 5,737,324 | 5,737,324 |
| VANGUARD REIT INDEX | 4,189,569 | 4,189,569 |
| VANGUARD SHORT-TERM INVESTMENT | 1,035,694 | 1,035,694 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIRST EAGLE FUNDS | 4,709,435 | 4,709,435 |
| FORTIVE CORP | 664,553 | 664,553 |
| MERRILL LYNCH-PRITSIOS | 1,464,300 | 1,464,300 |
| T ROWE PRICE INT'L EQUITY | 901,654 | 901,654 |
| TWEEDY BROWNE GLOBAL VALUE | 4,119,547 | 4,119,547 |
| TWEEDY BROWNE HY DIV | 1,823,938 | 1,823,938 |
| DANAHER CORP- VANGUARD | 6,434,388 | 6,434,388 |
| VANGUARD DEV MKTS INDEX | 3,343,753 | 3,343,753 |
| VANGUARD DIVIDEND GROWTH | 4,534,802 | 4,534,802 |
| VANGUARD EMERGING MKTS | 4,157,317 | 4,157,317 |
| VANGUARD EQUITY INCOME FUND | 4,211,046 | 4,211,046 |
| VANGUARD EUROPEAN STOCK | 2,875,547 | 2,875,547 |
| VANGUARD INTER TERM INV | 5,702,148 | 5,702,148 |
| VANGUARD TOTAL STK | 10,383,985 | 10,383,985 |
| YACHTMAN FUND | 4,441,673 | 4,441,673 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALCENTRA | FMV | 42,286 | 42,286 |
| BAIN CAPITAL | FMV | 752,680 | 752,680 |
| BCP VIII ACCESS FUND | FMV | 209,597 | 209,597 |
| BLACKSTONE SOLUTIONS 2016 FUND | FMV | 619,628 | 619,628 |
| BLACKSTONE ALT SOL IV | FMV | 543,823 | 543,823 |
| BLACKSTONE GSO SECURED | FMV | 673,887 | 673,887 |
| BLACKSTONE STRATEGIC | FMV | 358,515 | 358,515 |
| BLUESTONE INVESTMENT PARTNERS | FMV | 6,285 | 6,285 |
| BLUESTONE INVESTMENT PARTNERS II | FMV | 743,289 | 743,289 |
| CAMBER CREEK IV | FMV | 435,785 | 435,785 |
| CAMBER CREEK VI | FMV | 43,750 | 43,750 |
| CAPITAL BANK CONVERTIBLE DEBT | FMV | 4,366,702 | 4,366,702 |
| CAPITAL GROUP INTERNATIONAL- ML | FMV | 1,290,834 | 1,290,834 |
| CARLYLE BUYOUT II | FMV | 276,801 | 276,801 |
| CHAMBER CREEK FUND III | FMV | 618,574 | 618,574 |
| ESCHATON OPPORTUNITY FUND-CAPITAL BANK | FMV | 2,619,190 | 2,619,190 |
| HILLTOP OUTPARCEL LLC | FMV | 12,712 | 12,712 |
| HILLTOP PLAZA | FMV | 487,288 | 487,288 |
| ISRAEL BONDS | FMV | 250,000 | 250,000 |
| JBGSMITH PROPERTIES | FMV | 103,900 | 103,900 |
| MANOR ROAD OWNER LLC | FMV | 500,000 | 500,000 |
| OAKMARK INT'L | FMV | 2,523,645 | 2,523,645 |
| OWL ROCK | FMV | 1,121,220 | 1,121,220 |
| PIMCO TOTAL RETURN FUND | FMV | 1,765,621 | 1,765,621 |
| SCHWAB FUND INT'L LARGE | FMV | 983,428 | 983,428 |
| SCHWAB FUND US LARGE | FMV | 11,163,519 | 11,163,519 |
| SEQUOIA FUND | FMV | 7,178,212 | 7,178,212 |
| URBAN EDGE PROPERTIES | FMV | 68,025 | 68,025 |
| VONTIER CORP | FMV | 106,541 | 106,541 |
| VORNADO REALTY LP | FMV | 298,688 | 298,688 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LIFE INSURANCE RECEIVABLE | 913,967 | 952,443 | 952,443 |
| PREPAID INCOME TAXES | 228,623 | 232,813 | 232,813 |
| SECURITY DEPOSIT | 12,745 | 12,745 | 12,745 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRANSPORTATION | 20,298 | 0 | 20,298 | |
| OFFICE EXPENSE | 8,236 | 0 | 8,236 | |
| TELEPHONE | 8,625 | 0 | 8,625 | |
| INSURANCE | 6,396 | 0 | 6,396 | |
| K-1 PARTNERSHIP INVESTMENT LOSSES | 262,297 | 7,527 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NOTE RECEIVABLE INTEREST | 1,853,156 | 1,853,156 | 1,853,156 |
| MISCELLANEOUS INCOME | 55 | 55 | 55 |
| SUBLEASE INCOME | 48,000 | 48,000 | 48,000 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS ON INVESTMENTS | 13,501,100 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| K-1 PARTNERSHIP INVESTMENT FEES | 143,328 | 143,328 | 0 | |
| CONSULTING FEES | 119,416 | 0 | 64,717 | |
| INVESTMENT BROKER FEES | 57,289 | 57,289 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 45,859 | 45,859 | 0 | |
| K-1 PARTNERSHIP INVESTMENT FOREIGN TAXES | 5,424 | 5,424 | 0 | |
| FEDERAL EXCISE TAX | 100,000 | 0 | 0 |