| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 11,734 | 5,867 | 5,867 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE AND PREFERRED STOCK - STIFEL | 46,501,156 | 41,109,843 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| TALON 303 RIVER LLC | AT COST | 471,963 | 500,000 |
| BALLINGER ESTATES APARTMENTS LLC | AT COST | 186,702 | 250,000 |
| COLUMBIA PACIFIC OPPORTUNITY FUND | AT COST | 3,221 | 3,221 |
| TALON 2626 RIVER LLC | AT COST | 227,262 | 250,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INTERNET & PHONE | 1,364 | 273 | 1,091 | |
| INVESTMENT MGMT FEES | 315,889 | 315,046 | 0 | |
| LICENSE FEE | 95 | 48 | 47 | |
| MISCELLANEOUS EXPENSES | 599 | 0 | 599 | |
| RENT | 14,534 | 3,170 | 12,681 | |
| INSURANCE | 12,169 | 1,673 | 6,694 | |
| OFFICE EXPENSE | 116 | 23 | 93 | |
| POSTAGE EXPENSE | 243 | 692 | 2,769 | |
| TRANSPORATION | 0 | 1,014 | 4,058 | |
| OTHER LOSS/DEDUCTION FROM K-1 | 0 | 4,727 | 0 | |
| PORTFOLIO EXPENSES | 0 | 9 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PASS-THROUGH FROM K-1 | 15,710 | 713 | 15,710 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WEBSITE FEES | 17 | 3 | 14 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL PAYROLL TAXES | 1,275 | 1,886 | 7,546 | |
| FEDERAL TAXES | 83,639 | 0 | 0 |