| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Professional fees - accounting | 23,950 | 23,950 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| Mplx LP Com Unit Rpstg Limited Partnership - 4,525 shares(UBTI) | 2021-02 | Purchased | 2022-05 | 137,191 | 80,264 | Cost | 0 | 56,927 | ||
| Mplx LP Com Unit Rpstg Limited Partnership - 2,040 shares (UBTI) | 2021-05 | Purchased | 2022-05 | 61,850 | 46,286 | Cost | 0 | 15,564 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Accenture PLC Ireland (Equity) | 2,086 | 1,601 |
| Adobe Systems Inc (Equity) | 4,429 | 3,029 |
| Agnico Eagle Mines Limited (FI) | 50,163 | 48,195 |
| Alphabet Inc (Equity) | 6,754 | 5,590 |
| American Tower Corp (Equity) | 3,444 | 3,178 |
| Apple Inc (Equity) | 2,935 | 2,729 |
| Bank of America Series L Preferred (OP) | 80,351 | 103,240 |
| Citigroup Cap Trust (OP) | 172,397 | 182,044 |
| Franco-Nevada Corp (FI) | 27,881 | 26,614 |
| Franco-Nevada Corp (OP) | 75,690 | 79,158 |
| Getty Realty Corp (OP) | 149,688 | 160,280 |
| iShares Gold Trust ETF (FI) | 8,585 | 8,682 |
| iShares Gold Trust ETF (Equity) | 8,339 | 8,475 |
| iShares Gold Trust ETF (OP) | 147,713 | 149,775 |
| Mastercard Inc (Equity) | 5,817 | 5,564 |
| Moodys Corp (Equity) | 5,323 | 4,179 |
| Morgan Stanley 6.875% Preferred Fixed (OP) | 161,888 | 147,382 |
| Newmont Corp (FI) | 52,644 | 42,480 |
| Newmont GoldCorp (OP) | 77,788 | 76,464 |
| Nextera Energy Inc Preferred (OP) | 133,120 | 151,072 |
| Nike Inc Class B (Equity) | 3,532 | 2,691 |
| O'Reily Automotive Inc (Equity) | 2,632 | 5,064 |
| Omega Healthcare REIT (OP) | 139,245 | 151,769 |
| Partnership interest - Enterprise Products (OP) | 162,583 | 462,742 |
| Partnership interest - Magellan (OP) | 107,538 | 163,936 |
| Physicians Realty Trust (OP) | 135,808 | 120,246 |
| Royal Gold Inc (FI) | 18,086 | 18,035 |
| Servicenow Inc (Equity) | 2,798 | 1,941 |
| Unitedhealth Group Inc (Equity) | 3,013 | 4,772 |
| US Treasury Variable Rate Note due 01.31.2023 (OP) | 925,512 | 925,185 |
| US Treasury Variable Rate Note due 10.31.2023 (OP) | 250,157 | 250,203 |
| US Treasury Variable Rate Notes due 04.23.2023 (FI) | 315,195 | 317,971 |
| Visa Inc (Equity) | 5,267 | 4,778 |
| Wasatch Advisors Funds Inc (FI) | 18,200 | 12,099 |
| Wasatch Advisors Funds Inc (Equity) | 8,500 | 5,639 |
| Wasatch Advisors Funds Inc (OP) | 267,000 | 177,387 |
| Wells Fargo & Co 7.5% pref con (OP) | 154,848 | 137,460 |
| Wheaton Precious Metals Corp (FI) | 14,954 | 13,483 |
| US Treasury Variable Rate Note due 10.31.2024 (FI) | 14,992 | 14,983 |
| US Treasury Bill due 01.12.2023 (FI) | 14,870 | 14,987 |
| US Treasury Notes due 06.30.2024 (FI) | 14,978 | 14,641 |
| US Treasury Bonds due 05.15.2052 (FI) | 17,932 | 16,025 |
| US Treasury Notes due 03.31.2023 (FI) | 19,694 | 19,795 |
| US Treasury Notes due 12.31.2023 (FI) | 14,680 | 14,692 |
| US Treasury Notes due 02.15.2047 (FI) | 9,616 | 8,186 |
| Anglogold Ashanti Ltd (FI) | 16,378 | 15,924 |
| Microsoft Corp (Equity) | 7,909 | 6,715 |
| Proshares Tr EFT Short (Equity) | 13,734 | 15,389 |
| US Treasury Variable Rate Note due 10.13.2024 (Equity) | 14,992 | 14,983 |
| US Treasury Variable Rate Note due 07.31.2024 (Equity) | 229,953 | 231,724 |
| US Treasury Bill due 01.12.2023 (Equity)) | 9,915 | 9,991 |
| US Treasury Notes due 06.30.2024 (Equity) | 4,997 | 4,880 |
| US Treasury Bonds due 05.15.2052 (Equity)) | 4,487 | 4,006 |
| US Treasury Notes due 09.30.2023 (Equity) | 19,247 | 19,335 |
| US Treasury Notes due 04.01.2022 (Equity) | 19,694 | 19,795 |
| US Treasury Notes due 10.21.022 (Equity) | 4,896 | 4,897 |
| US Treasury Notes due 02.15.2047 (Equity) | 4,810 | 4,093 |
| Keycorp Perp (OP) | 69,821 | 68,561 |
| Plains GP Holdings LP (OP) | 100,558 | 105,925 |
| Snapper (OP) | 19,351 | 68,259 |
| US Treasury Variable Rate Note due 07.31.2024 (OP) | 1,169,955 | 1,188,816 |
| US Treasury Bill due 01.12.2023 (OP) | 232,912 | 234,796 |
| US Treasury Notes due 06.30.2024 (OP) | 204,622 | 200,090 |
| US Treasury Notes due 09.30.2023 (OP) | 336,769 | 338,363 |
| US Treasury Notes due 03.31.2023 (OP) | 369,148 | 371,156 |
| US Treasury Notes due 12.31.2023 (OP) | 200,583 | 200,789 |
| US Treasury Notes due 02.15.2047 (OP) | 139,383 | 118,690 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Azara Healthcare FNA SA Ingnite | FMV | 300,000 | 25,647 |
| Gold (held in-kind) | FMV | 166,995 | 182,450 |
| Land Lease | FMV | 1 | 107,135 |
| Partnership interest - MLG 1099 Dividend IV Fund LLC | AT COST | 169,507 | 200,000 |
| Partnership interest - MLG Dividend Fund V LLC | AT COST | 117,196 | 125,000 |
| Partnership interest - North Shore Plaza | AT COST | 56,332 | 100,000 |
| Partnership interest - North Shore Plaza | AT COST | 100,000 | 100,000 |
| Partnership interest - MT Ebo | FMV | 0 | 173,626 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Prepaid federal and state taxes | 12,909 | 12,686 | 12,686 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance - employee health | 7,139 | 1,428 | 5,711 | |
| Insurance - general | 1,687 | 1,687 | 0 | |
| Telephone and internet expenses | 2,242 | 2,242 | 0 | |
| Dues and subscriptions | 1,083 | 1,083 | 0 | |
| Office expenses | 8,138 | 8,138 | 0 | |
| Ordinary loss - from Enterprise Products Partners LC partnership | 13,671 | 0 | 0 | |
| Ordinary loss - from Magellan Midstream Partners LP partnership | 4,657 | 0 | 0 | |
| Ordinary loss - from MPLX LP partnership | 807 | 0 | 0 | |
| Net rental real estate loss (Joe's Crab Shack) | 0 | 0 | 0 | |
| Net rental real estate loss (MT EBO partnership) | 0 | 0 | 0 | |
| Net rental real estate loss (Northshore partnership) | 14,899 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Partnership interest - Mt EBO 22 Associates LLC | 35,667 | 34,732 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Professional fees - investment advisory | 37,175 | 37,175 | 0 | |
| Professional fees - payroll report preparation | 2,878 | 2,878 | 0 | |
| Professional fees - contract labor | 1,125 | 1,125 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Taxes - unrelated business tax | 12,718 | 0 | 0 | |
| Taxes - excise | 611 | 0 | 0 | |
| Taxes - state income taxes | 352 | 0 | 0 | |
| Taxes - payroll | 7,746 | 1,549 | 6,197 | |
| Taxes - foreign withheld | 1,529 | 0 | 0 |