| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 8,654 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| IKE NIZAM FOUNDATION, INC.- FORM 990-PF - PART XIV SUPPLEMENTARY INFORMATION | TO DATE, THE IKE NIZAM FOUNDATION, INC. HAS OPERATED IN CONFORMANCE WITH THE ADVANCE APPROVAL OF ITS EMPLOYER-RELATED SCHOLARSHIP GRANT PROCEDURES LETTER DATED JULY 30, 2020, A COPY OF WHICH IS ENCLOSED.BEGINNING IN 2023, THE IKE NIZAM FOUNDATION, INC. WILL EXPAND ITS SCHOLARSHIP PROGRAM TO INCLUDE QUALIFIED CHILDREN AND GRANDCHILDREN OF EMPLOYEES OF MASTER INTERNATIONAL CORPORATION AND OF WALDOM ELECTRONICS CORPORATION. CONCORD ELECTRONICS INC. SOLD ALL OF ITS ASSETS DURING 2022. CONSEQUENTLY, CONCORD ELECTRONICS, INC.WILL NOT HAVE EMPLOYEES IN 2023 SUCH THAT CONCORD ELECTRONICS, INC.WILL NO LONGER PARTIICIPATE IN THE SCHOLARSHIP PROGRAM, EFFECTIVE 2023. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB #9750 - BONDS | 760,045 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB #9750 - MUTUAL FUNDS | 8,081,982 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKHORN VENTRUES | AT COST | 201,338 | 201,338 |
| CHARLES SCHWAB #8016 - FIXED INCOME | AT COST | 2,869,263 | 2,869,263 |
| CHARLES SCHWAB #8016 - MONEY MARKET FUNDS | AT COST | 1,300,000 | 1,300,000 |
| CHARLES SCHWAB #9750 - EQUITIES | AT COST | 199,487 | 199,487 |
| CHARLES SCHWAB #9750 - EXCHANGE TRADED FUND | AT COST | 245,727 | 245,727 |
| CHARLES SCHWAB #9750 - OTHER ASSETS | AT COST | 4,331 | 4,331 |
| Description | Amount |
|---|---|
| BOOK ADJUSTMENTS FROM INVESTMENTS | 1,244,869 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT INTEREST EXPENSE | 7,572 | 7,572 | 0 | |
| OTHER DEDUCTIONS | 11,750 | 11,750 | 0 | |
| PORTFOLIO MANAGEMENT FEES | 31,928 | 31,928 | 0 |
| Name | Address |
|---|---|
|
MASTER INTERNATIONAL CORPORATION DBA MASTER ELECTRONICS |
2425 SOUTH 21ST STREET PHOENIX,AZ85034 |
|
WALDOM ELECTRONICS CORPORATION |
1801 MORGAN ST ROCKFORD,IL61102 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES INVESTMENT- IRS | 14,533 | 0 | 0 | |
| CHARLES SCHWAB #9750 FOREIGN TAX PAID | 2,197 | 2,197 | 0 |