| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SAPIRSTEIN CAPITAL | AT COST | 41,104,196 | 37,366,558 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF OHIO FEES | 200 | 0 | 0 | 200 |
| EXPENSES- SAPIRSTEIN CAPITAL | 473,103 | 473,103 | 473,103 | 0 |
| EXCISE TAX | 80,000 | 0 | 0 | 0 |
| FILING FEE | 191 | 0 | 0 | 191 |
| NONDEDUCTIBLE EXPENSES | 16,243 | 0 | 0 | 0 |
| STATE TAXES | 3,236 | 3,236 | 3,236 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 1231 GAIN | 804 | 804 | 804 |
| ROYALTIES | 783 | 783 | 783 |
| EXEMPT INCOME | 61,269 | 0 | 0 |
| SAP CAP | 167,715 | 167,715 | 167,715 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 180 | 180 | 180 | 0 |
| MANAGEMENT FEE | 187,400 | 93,700 | 93,700 | 93,700 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 14,626 | 14,626 | 14,626 | 0 |