| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Portfolio of corporate stock | 1,795,900 | 2,039,864 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Farm land | 155,259 | 0 | 155,259 | 303,280 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office expense | 220 | 0 | 0 | 220 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Scholarship distribution | 6,000 | 0 | 0 | 6,000 |
| Investment management fees | 10,092 | 10,092 | 0 | 0 |
| Tax preparation | 900 | 900 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal | 4,443 | 4,443 | 0 | 0 |