| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT FEES | 6,400 | 6,400 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FOUNDATION FOR THE CAROLINAS | FMV | 1,079,284 | 1,079,284 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | 7,159 | 7,159 | ||
| OFFICE AND MISC | 12,934 | 12,934 | ||
| FUNDRAISING EXPENSES | 104,408 | |||
| CONSULTANT | 42,000 | 42,000 | ||
| BAD DEBTS | 25,000 | 25,000 |