| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION, ACCOUNTING, AND CONSULTING | 15,123 | 7,561 | 7,562 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE FIXED INCOME HELD BY MORGAN STANLEY | 111,940 | 111,940 |
| MUTUAL FUNDS HELD BY MORGAN STANLEY | 615,094 | 615,094 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DOMESTIC AND FOREIGN COMMON STOCKS HELD BY MORGAN STANLEY | 1,593,452 | 1,593,452 |
| ETFS AND CEFS HELD BY MORGAN STANLEY | 4,465 | 4,465 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY AND EQUIPMENT | 261,045 | 245,153 | 15,892 | 15,892 |
| LAND | 35,054 | 0 | 35,054 | 35,054 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REAL ESTATE HELD FOR SALE | 1,329,000 | 1,050,475 | 1,050,475 |
| CONSTRUCTION IN PROGRESS | 0 | 250,000 | 250,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 2,625 | 0 | 2,625 | |
| REPAIRS AND MAINTENANCE | 29,950 | 10,482 | 19,468 | |
| UTILITIES | 2,897 | 1,014 | 1,883 | |
| OFFICE SUPPLIES | 4,913 | 1,720 | 3,193 | |
| TELEPHONE | 1,466 | 513 | 953 | |
| INSURANCE | 5,943 | 2,971 | 2,972 | |
| MISCELLANEOUS | 1,099 | 385 | 714 | |
| INVESTMENT FEES | 23,705 | 23,705 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS | 47,556 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,010 | 353 | 657 | |
| INCOME TAX | 2,095 | 0 | 0 | |
| FOREIGN TAX PAID | 1,833 | 1,833 | 0 |