| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BASS & LEMER LLP | 147,095 | 10,000 | 0 | 137,095 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2002-07-01 | 949,053 | 486,255 | SL | 40.000000000000 | 23,726 | 0 | 0 | |
| LAND | 2002-07-01 | 100,600 | L | 0 | 0 | 0 | |||
| BUILDING IMPROVEMENTS | 2007-07-01 | 2,189,449 | 875,777 | SL | 40.000000000000 | 54,736 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2009-07-01 | 8,853 | 2,984 | SL | 40.000000000000 | 221 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2010-07-01 | 214,880 | 67,150 | SL | 40.000000000000 | 5,372 | 0 | 0 | |
| BUILDING | 2011-07-01 | 274,910 | 79,039 | SL | 40.000000000000 | 6,873 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2012-07-01 | 224,426 | 61,721 | SL | 40.000000000000 | 5,611 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2014-07-01 | 654,048 | 136,258 | SL | 40.000000000000 | 16,351 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2015-07-01 | 62,684 | 11,347 | SL | 40.000000000000 | 1,567 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2017-10-31 | 40,360 | 5,213 | SL | 40.000000000000 | 1,009 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2019-06-01 | 14,140 | 1,268 | SL | 40.000000000000 | 354 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2019-12-31 | 188,091 | 14,106 | SL | 40.000000000000 | 4,702 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2021-05-01 | 51,400 | 2,142 | SL | 40.000000000000 | 1,285 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2021-10-01 | 236,011 | 7,375 | SL | 40.000000000000 | 5,900 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2022-10-01 | 41,806 | 261 | SL | 40.000000000000 | 1,045 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2022-06-01 | 17,195 | 251 | SL | 40.000000000000 | 430 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2022-10-01 | 11,192 | 70 | SL | 40.000000000000 | 280 | 0 | 0 | |
| BUILDING IMPROVEMENTS | 2022-12-31 | 246,816 | SL | 40.000000000000 | 6,170 | 0 | 0 | ||
| BUILDING IMPROVEMENTS | 2023-11-01 | 183,836 | SL | 40.000000000000 | 766 | 0 | 0 | ||
| BUILDING IMPROVEMENTS | 2023-12-01 | 5,587 | SL | 7.000000000000 | 67 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| GAINS AND LOSSES ON INVESTMENT PROPERTY | FORM 990PF PART IV | ALL GAINS AND LOSSES ON INVESTMENT PROPERTY IS FROM THE SALE OF PUBLICLY TRADED SECURITIES THRU VARIOUS BROKERS. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS HELD AT BESSEMER | 1,059,015 | 1,059,015 |
| CORPORATE BONDS HELD AT CITIBANK | 1,013,234 | 1,013,234 |
| CORPORATE BONDS HELD AT JANNEY MONTGOMERY SCOTT | 2,319,401 | 2,319,401 |
| CORPORATE BONDS HELD AT MERRILL LYNCH | 1,504,423 | 1,504,423 |
| CORPORATE BONDS HELD AT STATE STREET BANK | 300,762 | 300,762 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCKS HELD AT BESSEMER | 3,353,215 | 3,353,215 |
| CORPORATE STOCKS HELD AT CITIBANK | 10,210,406 | 10,210,406 |
| CORPORATE STOCKS HELD AT JANNEY MONTGOMERY SCOTT | 20,193,948 | 20,193,948 |
| CORPORATE STOCKS HELD AT MERRILL LYNCH | 2,889,902 | 2,889,902 |
| CORPORATE STOCKS HELD AT STATE STREET BANK | 38,267,974 | 38,267,974 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN BLACKSTONE REAL ESTATE INVESTMENT TRUST | FMV | 860,480 | 860,480 |
| INVESTMENT IN JUNTO OFFSHORE FUND LTD | FMV | 6,979,701 | 6,979,701 |
| INVESTMENT IN MARINER ATLANTIC | FMV | 2,125,287 | 2,125,287 |
| INVESTMENT IN OWL ROCK | FMV | 515,509 | 515,509 |
| INVESTMENT IN ROYALTY CONTRACT | AT COST | 725,000 | 725,000 |
| MUTUAL FUNDS HELD AT BESSEMER | FMV | 8,385,129 | 8,385,129 |
| MUTUAL FUNDS HELD AT CITIBANK | FMV | 6,643,274 | 6,643,274 |
| MUTUAL FUNDS HELD AT MERRILL LYNCH | FMV | 1,074,717 | 1,074,717 |
| OTHER FIXED INCOME PRODUCTS HELD AT CITIBANK | FMV | 120,569 | 120,569 |
| OTHER FIXED INCOME PRODUCTS HELD AT JANNEY MONTGOMERY SCOTT | FMV | 555,532 | 555,532 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 5,614,737 | 1,887,682 | 3,727,055 | |
| LAND | 100,600 | 0 | 100,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DAY PINEY LLP | 2,551 | 0 | 0 | 2,551 |
| DAVIS WRIGHT TREMAINE LLP | 22,321 | 0 | 0 | 22,321 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INCOME | 7,212 | 19,302 | 19,302 |
| SECURITY DEPOSIT | 0 | 10,668 | 10,668 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 38,177 | 0 | 0 | 38,177 |
| OFFICE & ADMINISTRATIVE EXPENSES | 9,920 | 0 | 0 | 9,920 |
| PAYROLL PROCESSING | 4,954 | 0 | 0 | 4,954 |
| PROMOTION | 3,653 | 0 | 0 | 3,653 |
| TELEPHONE | 8,398 | 0 | 0 | 8,398 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LISTERINE ROYALTY REVENUE | 128,293 | 128,293 | |
| CITIBANK XX2284-NONDIVIDEND DISTRIBUTION | 229 | 0 | |
| JANNEY XX9505-NONDIVIDEND DISTRIBUTION | 9,549 | 0 | |
| FNZ TRUST CO XX8605-NONDIVIDEND DISTRIBUTION | 79,204 | 0 | |
| FNZ TRUST CO XX8605-SETTLEMENT | 7,072 | 7,072 | |
| CITIBANK XX2284 MUNICIPAL INTEREST | 15,127 | 0 | |
| JANNEY XX9505-MUNICIPAL INTEREST | 129,245 | 0 | |
| BESSEMER XX2137-NONDIVIDEND DISTRIBUTION | 511 | 0 | |
| BLACKSTONE REAL ESTATE INCOME -NONDIVIDEND DISTRIBUTION | 29,872 | 0 | |
| MARINER - TAX DEFFERED DISTRIBUTION | 41,250 | 0 | |
| RENTAL INCOME | 31,320 | 31,320 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS/ BOOK - TAX DIFFERENCES ON SALES | 15,392,470 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BECK MACK AND OLIVER-INVESTMENT ADVISORY FEES | 167,989 | 167,989 | 0 | 0 |
| STATE STREET BANK-CUSTODY FEES | 15,139 | 15,139 | 0 | 0 |
| CITIBANK-INVESTMENT ADVISORY FEES | 138,504 | 138,504 | 0 | 0 |
| JANNEY MONTGOMERY SCOTT-INVESTMENT ADVISORY FEE | 272,531 | 272,531 | 0 | 0 |
| MERRILL LYNCH - INVESTMENT ADVISORY FEES | 36,551 | 36,551 | 0 | 0 |
| JUNTO - INVESTMENT ADVISORY FEES | 243,263 | 243,263 | 0 | 0 |
| BESSEMER - INVESTMENT ADVISORY FEES | 60,685 | 60,685 | 0 | 0 |
| CITIBANK-ASSET PLACEMENT FEE | 5,000 | 5,000 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 52,703 | 0 | 0 | 0 |
| FOREIGN TAXES ON INVESTMENTS | 62,092 | 62,092 | 0 | 0 |
| PAYROLL TAXES | 48,981 | 0 | 0 | 0 |