| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,575 | 2,681 | 894 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISHARES INT GOV CREDIT | 110,208 | 110,208 |
| ISHARES MSCI USA MOMNTUM | 22,592 | 22,592 |
| ISHARES MSCI USA VALUE | 55,436 | 55,436 |
| SPDR GOLD MINISHARES ETV | 72,247 | 72,247 |
| SPDR S&P BIOTECH ETF | 30,091 | 30,091 |
| VANGUARD EMERGING MARKT | 16,448 | 16,448 |
| VANGUARD US MOMENTUM | 54,748 | 54,748 |
| ISHARES US EQUITY | 309,394 | 309,394 |
| DIMENSIONAL INTERNATIONAL VAL ETF | 32,608 | 32,608 |
| ISHARES EMG MRKTS EQTY | 92,620 | 92,620 |
| ISHARES INTERNATIONAL | 262,052 | 262,052 |
| VANGUARD LONG TERM | 28,550 | 28,550 |
| VANGUARD SCOTTSDALE FDS | 49,093 | 49,093 |
| VANGUARD STC ETF DV | 71,258 | 71,258 |
| ISHS US SMALLA CAP EQTY | 294,629 | 294,629 |
| GOLDMAN SACHS CORPORATE FIXED INCOME | 5,732,977 | 5,732,977 |
| IBOXX USD LIQUID HIGH YIELD INDEX FUND | 572,686 | 572,686 |
| S&P 500 INDEX FUND | 2,377,302 | 2,377,302 |
| GOLDMAN SACHS LARGE CAP CORE COVERED CALLS | 649,998 | 649,998 |
| GOLDMAN SACHS BUFFERED BETA LARGE CAP CORE | 625,897 | 625,897 |
| PALISADE SMALL/MID CAP CORE | 474,320 | 474,320 |
| DOW JONES GLOBAL SELECT REAL ESTATE SECURITIES INDEX FUND | 294,824 | 294,824 |
| MSCI EAFE 100% HEDGED TO US DOLLAR INDEX FUND | 679,513 | 679,513 |
| GOLDMAN SACHS BUFFERED BETA NON-US EQUITY | 372,595 | 372,595 |
| GOLDMAN SACHS GWG PARTNERS INTERNATIONAL OPPORTUNITIES FUND | 433,534 | 433,534 |
| GOLDMAN SACHS PRIVATE CREDIT FUND | 350,199 | 350,199 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| TWIN LAKE TOTAL RETURN PARTNERS, L.P. | FMV | 900,641 | 900,641 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXCISE TAX | 3,995 | 0 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 1,203,294 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 47,449 | 47,449 | 0 | |
| OFFICE EXPENSE | 215 | 215 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1: TWIN LAKE TOTAL RETURN PARTNERS, L.P. | -4,045 | -4,045 | -4,045 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED EXCISE TAXES | 0 | 33,030 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 288 | 0 | 288 | |
| FOREIGN TAXES | 3,647 | 3,647 | 0 | |
| EXCISE TAXES | 37,025 | 0 | 0 |