| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIXED INCOME (BOND MUTUAL FUNDS) | 668,702 | 668,702 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PRIVATE STOCK | 55,500 | 55,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MULTI MANAGER HEDGE FUND | FMV | 2,000,000 | 2,000,000 |
| PARTNERSHIPS & LLC INVESTMENTS | AT COST | 69,957,993 | 69,957,993 |
| PRIVATE EQUITY (LEVERAGE BUYOUT) | AT COST | 230,867 | 230,867 |
| VENTURE CAPITAL FUNDS | AT COST | 108,259 | 108,259 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,626 | 2,363 | 263 |
| Description | Amount |
|---|---|
| BOOK TO TAX DIFFERENCES | 1,177,383 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TOTAL FROM SCHEDULE K-1'S | 891,507 | 886,602 | 4,905 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| M FINANCIAL HOLDINGS INCORPORATED | 62,039 | 62,039 | 62,039 |
| TOTAL FROM SCHEDULE K-1'S | 1,530,533 | 1,447,513 | 1,530,533 |
| ORDINARY INCOME FROM PFICS | 73,202 | 73,202 | 73,202 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 344,550 | 310,095 | 34,455 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES - VANGUARD | 681 | 681 | 0 | |
| FOREIGN TAXES - K-1'S | 2,798 | 2,798 | 0 | |
| FOREIGN TAXES - E*TRADE | 549 | 549 | 0 | |
| FOREIGN TAXES - FIDELITY | 709 | 709 | 0 | |
| FEDERAL TAX EXPENSE | 242,230 | 0 | 0 |