| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX PREPARATION FEES | 1,800 | 0 | 900 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANN ARBOR MI PKG IMP BD 3.75% | 20,118 | 18,715 |
| GENERAL ELEC CAP INTER 4.25% | 50,000 | 48,897 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESCO ETF FD TR | AT COST | 49,987 | 38,268 |
| ISHARES S&P US PFD STK INDEX | AT COST | 49,979 | 42,475 |
| FED AGRI MTG CORP NON CUM PRF STK 5.25% | AT COST | 63,480 | 49,992 |
| FED AGRI MTG CORP NON CUM PRF STK 5.7% | AT COST | 99,998 | 89,356 |
| FED HOME LOAN MTG CORP NOTE M/W CLBL 1.3% | AT COST | 42,003 | 41,762 |
| FED FARM CREDIT BD M/W CLBL 1.22% | AT COST | 104,435 | 103,414 |
| FED HOME LOAN BANKS BD M/W CLBL 4.5% | AT COST | 104,475 | 103,716 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL FILING FEES | 25 | 0 | 0 | |
| POSTAGE & SUPPLIES | 42 | 0 | 0 | |
| BOND PREMIUM AMORTIZATION | 14 | 14 | 0 | |
| FUNDRAISING EXPENSE | 2,285 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RECOVERY OF SCHOLARSHIPS | 1,450 | 1,450 | |
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | 23,647 | 23,647 |