| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 9,770 | 9,770 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB | 99,682 | 351,000 |
| FIDUCIARY TRUST | 4,317,757 | 4,683,524 |
| GILDER GAGNON HOWE & CO. | 61,687 | 65,405 |
| MORGAN STANLEY | 205,255 | 194,877 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CASDIN PARTNERS OFFSHORE, LTD. | FMV | 1,237,483 | 1,237,483 |
| DELTEC SPECIAL SITUATIONS LP | FMV | 1,918,204 | 1,918,204 |
| STILLWELL PARTNERS LP | FMV | 2,339,972 | 2,339,972 |
| VERTICAL FUND LP | FMV | 231,203 | 231,203 |
| LONG PATH PARTNERS FUND, L.P. | FMV | 300,000 | 300,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 35,989 | 35,989 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES IN MARKET VALUE | 710,744 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OTHER EXPENSES - PASS THRU K- | 73,310 | 73,310 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER - P/T | 707 | 707 | |
| CLASS-ACTION SETTLEMENT | 33 | 33 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 72,924 | 72,924 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NEW YORK STATE FEE | 750 | 750 | ||
| FEDERAL EXCISE TAX | 9,196 | |||
| FOREIGN TAXES PAID | 10 | 10 |