| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX SERVICES | 101,111 | 11,604 | 88,007 | |
| AUDIT FEES | 105 | 53 | 52 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TAXABLE BONDS | 6,658,619 | 5,701,925 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIDELITY GOVT CASH RESERVES | 191,525 | 191,525 |
| TIMBER REITS | 197,593 | 1,000,649 |
| U.S. LARGE CAP STOCKS | 3,279,774 | 4,143,552 |
| U.S. SMALL CAP STOCKS | 3,318,750 | 3,288,491 |
| INTERNATIONAL DEVELOPED MARKETS STOCKS | 4,023,850 | 3,988,609 |
| EMERGING MARKET STOCKS | 2,648,021 | 2,363,356 |
| INVESTMENT REAL ESTATE | 1,846,994 | 1,814,519 |
| PRIVATE EQUITY | 4,066 | 14,555 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PRIVATE EQUITY | AT COST | 3,799,380 | 5,557,010 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CRAFT3 - 1% NOTE DUE 12/30/23 | 191,300 | 440,000 | 440,000 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENTS | 28,691 |
| NON TAXABLE DIFFERENCE BETWEEN COST & FMV | 102,596 |
| ROUNDING | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOARD OF TRUSTEES EXPENSES | 26,003 | 0 | 26,003 | |
| MEMBERSHIP FEES - | 1,500 | 0 | 1,500 | |
| MISCELLANEOUS EXPENSES | 16,812 | 0 | 16,812 | |
| FILING FEES | 26 | 0 | 26 | |
| PARTNERSHIP EXPENSE | 18,881 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL EXCISE TAX REFUND | 13,354 | 0 | 13,354 |
| FEDERAL UBTI TAX REFUND | 4,600 | 0 | 4,600 |
| PARTNERSHIP INCOME | 371,583 | -32,201 | 371,583 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING EXPENSES | 0 | 0 | 0 | |
| CONSULTING FEES | 91,809 | 0 | 91,809 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 39,800 | 0 | 0 | |
| FEDERAL UBTI TAX | 4,600 | 0 | 0 | |
| FOREIGN TAXES | 0 | 22,632 | 0 |