| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,390 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS HELD AT CHARLES SCHWAB | 10,424,881 | 10,424,881 |
| INVESTMENTS HELD AT CITIBANK | 7,025,117 | 7,025,117 |
| INVESTMENTS HELD AT NORTHERN TRUST | 7,721,930 | 7,721,930 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVENTRUST PROPERTIES | FMV | 550,679 | 550,679 |
| HIGHLANDS REIT | FMV | 6,000 | 6,000 |
| LOAN RECEIVABLE | FMV | 200,000 | 200,000 |
| SMASH VENTURES | AT COST | 132,002 | 132,002 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS RECEIVABLE | 4,145 |
| Description | Amount |
|---|---|
| FEDERAL TAXES PAID | 10,000 |
| ACCRUAL TO CASH ADJUSTMENTS | 40,498 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVISORY FEES | 246,936 | 246,936 | ||
| MAF GLOBAL | 72,264 | 72,264 | ||
| SMASH VENTURES | 6,077 | 6,077 | ||
| GENERAL & ADMINISTRATIVE | 539 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SMASH VENTURES | 111 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS | 3,158,241 |
| NON-DIV DISTRIBUTIONS | 12,924 |
| PENDING TRADES | 11,840 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 25,000 | |||
| PROFESSIONAL FEES | 40,355 | 40,355 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 3,985 | 3,985 |