| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 2,300 | 1,150 | 1,150 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIDELITY - FIXED INCOME | 136,000 | 136,830 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIDELITY - EQUITIES | 3,725,687 | 4,825,524 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MICHIGAN REGISTRATION FEE | 20 | 0 | 20 | |
| PROGRAM COSTS | 785 | 0 | 785 | |
| MISC EXPENSES | 1,855 | 0 | 1,855 | |
| PROGRAMMING EXPENSE | 21,810 | 0 | 21,810 | |
| PROFESSIONAL DEVELOPMENT | 12,094 | 0 | 12,094 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING AND ADMINISTRATION FEES | 230,000 | 115,000 | 115,000 | |
| INVESTMENT ADVISORY FEES | 40,888 | 20,444 | 20,444 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,545 | 2,545 | 0 |