| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 3,600 | 1,800 | 0 | 1,800 |
| Board Consulting | 1,045 | 523 | 0 | 522 |
| Tax Return Preparation | 2,690 | 1,345 | 0 | 1,345 |
| Contractor | Explanation |
|---|---|
| US Bank Trust Department | Fees are Based upon Value of Portfolio |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 16,600 | 16,600 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Charges | 195 | 195 | ||
| Board Meeting Expenses | 22,044 | 11,022 | 11,022 | |
| Contract Labor | 2,000 | 2,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Fees | 57,016 | 57,016 | 0 | 0 |
| US Bank--Tax Reporting Fees | 450 | 450 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Excise Taxes | 11,457 | |||
| Foreign Taxes | 465 | 465 |