| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,000 | 500 | 500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTWORK PURCHASED 7-14-2005 | AT COST | 318,555 | 318,555 |
| ARTWORK PURCHASED FYE JULY 200 | AT COST | 530,905 | 530,905 |
| ARTWORK PURCHASED MAY/JUNE 200 | AT COST | 1,589,597 | 979,459 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS IN FOREIGN CURRENCY | 1,258 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 6,800 | 3,400 | 3,400 | |
| REP FEE, CORPORATION SVCS. COM | 217 | 109 | 108 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 2,550 | 0 | 0 |