| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 14,975 | 4,992 | 9,983 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| COMMON STOCKS | 31,813,606 | 36,061,820 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTWORK | FMV | 9,990 | 9,990 |
| INVESTMENT IN ARMORY SQUARE | AT COST | 118,300 | 118,300 |
| INVESTMENT IN ARMORY SQUARE II | AT COST | 293,217 | 293,217 |
| INVESTMENT IN ARMORY SQUARE III | AT COST | 140,256 | 140,256 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSES FROM ARMORY SQUARE VENTURES | 62 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSE | 8,896 | 2,966 | 5,931 | |
| INSURANCE | 7,825 | 2,608 | 5,217 | |
| DUES & OTHER OUTSIDE SERVICES | 1,399 | 466 | 933 | |
| OUTSIDE COMPUTER SERVICES | 6,899 | 2,300 | 4,599 | |
| PORTFOLIO EXPENSES | 51,675 | 51,675 | 0 | |
| INVESTMENT INCOME EXPENSES | 356 | 356 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 210,006 | 210,006 | 0 | |
| PAYROLL FEES | 646 | 215 | 431 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NYS FILING FEE | 750 | 0 | 0 | |
| PAYROLL TAXES | 13,750 | 4,583 | 9,167 | |
| EXCISE TAX ON INVESTMENT INCOME | 4,319 | 0 | 0 |