| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 36,128 | 20,878 | 18,384 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS AND NOTES-SEE ATTACH | 4,238,710 | 4,238,710 |
| MUTUAL BOND FUNDS-SEE ATTACHED SCH. | 2,232,221 | 2,232,221 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| COMMON STOCKS -SEE ATTACHED SC | 23,833,693 | 23,833,693 |
| HANSEN ENGINE CORPORATION-7,200 SHAR | 360 | 360 |
| PREFERRED STOCKS-SEE ATTACHED SCH. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NORTH HAVEN OFFSHORE INFRASTRUCTURE | FMV | 485,927 | 485,927 |
| NORTH HAVEN REAL ESTATE FUND VII OFF | FMV | 25,820 | 25,820 |
| GATEWAY PARTNERSHIP | FMV | 431,075 | 431,075 |
| MONDRAIN ALL WORLD EX-US EQUITY FD | FMV | 21,956,157 | 21,956,157 |
| NORTHSTAR MEZZANINE PARTNERS VI, LP | FMV | 886,132 | 886,132 |
| NORTH HAVEN REAL ESTATE FUND VIII GL | FMV | 452,711 | 452,711 |
| WASTEWATER OPPORTUNITY FUND, LLC | FMV | 1,005,022 | 1,005,022 |
| TEMPLETON GLOBAL | FMV | 3,045,040 | 3,045,040 |
| VANGAURD SMALL CAP INDEX | FMV | 10,490,372 | 10,490,372 |
| NORTHSTAR MEZZANINE VII LP | FMV | 2,528,702 | 2,528,702 |
| NORTH HAVEN INFRASTRUCTURE PARTNERS | FMV | 2,397,557 | 2,397,557 |
| COLLECTIVE BALANCED FUNDS | FMV | 151,470 | 151,470 |
| BLACKROCK CREDIT ALLOCATION INCOME | FMV | 180,600 | 180,600 |
| BLACKROCK ENHANCED GOVERNMENT FUND | FMV | 36,835 | 36,835 |
| NUVEEN AMT-FREE MUNICIPAL INCOME | FMV | 192,500 | 192,500 |
| VANGUARD TOTAL INTERNATIONAL STOCK | FMV | 7,623,784 | 7,623,784 |
| WESTERN ASSET PREMIER BD FD | FMV | 82,080 | 82,080 |
| NUBEEN PENNSYLVANIA QUALITY MUNIC | FMV | 40,530 | 40,530 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2,000 | 2,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FEDERAL EXCISE TAX RECEIVABLE | 90,654 | 34,156 | 34,156 |
| ROU ASSETS | 191,514 | 158,800 | 158,800 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 7,020 | 5,816 | 1,204 | |
| SUBSCRIPTIONS & PUBLICATIONS | 6,858 | 1,340 | 5,518 | |
| ADMINISTRATIVE | 5,536 | 400 | 5,136 | |
| GRANT MANAGEMENT SOFTWARE | 4,893 | 4,893 | ||
| OFFICE EXPENSES | 3,127 | 281 | 2,846 | |
| MEMBERSHIP AND ASSOCIATION EX | 3,000 | 429 | 2,571 | |
| OFFICE EQUIPMENT | 1,935 | 1,935 | ||
| TELEPHONE | 1,843 | 147 | 1,696 | |
| MISCELLANEOUS | 634 | 634 | ||
| OTHER PASSTHROUGH DEDUCTIONS | 155,174 | 155,174 | ||
| PASS THROUGH TAX EXEMPT DEDUC | 1,317 | |||
| INTERNET SERVICES | 863 | 288 | 575 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LITIGATION SETTLEMENT | 12,705 | 12,705 | |
| PASSTHROUGH TAX EXEMPT INCOME | 986 | ||
| PASSTHROUGH OTHER INCOME | 201,629 | 201,629 | |
| PASSTHROUGH OTHER UBI INCOME | 271 | ||
| PASSTHROUGH ORDINARY INC. UBI | -52,454 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS | 5,126,643 |
| CHANGE IN UBI PAYABLE | 20,417 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LEASE LIABILITIES | 193,111 | 161,284 |
| UNRELATED BUSINESS TAX PAYABLE | 37,426 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTANTS | 9,000 | 9,000 | ||
| INVESTMENT FEES | 565,461 | 565,461 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 80,833 | 80,833 | ||
| FEDERAL EXCISE TAX | 100,700 |