| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 10,574 | 2,616 | 2,616 | 7,958 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| SCHOOL BUILDING | 2007-08-31 | 233,099 | 98,122 | STRAIGHT LINE | 39.0000 | 5,977 | 5,977 | ||
| 881,908 | 117,543 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FULTON - SEE ATTACHED | 5,562,985 | 7,836,897 |
| VANGUARD - SEE ATTACHED | 15,748,476 | 23,041,471 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND, BUILDING AND EQUIPMENT | 233,099 | 104,098 | 129,001 | 129,001 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND, BUILDING AND EQUIPMENT | 5,912,545 | 1,589,169 | 4,323,376 | 4,323,376 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COLLECTION ITEMS | 112,590 | 115,590 | 115,590 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 8,428 | 8,428 | 8,428 | |
| MAINTENANCE | 149,487 | 149,487 | 149,487 | |
| SUPPLIES | 3,363 | 3,363 | 3,363 | |
| MILL VISITOR EXPENSES | 4,172 | 4,172 | 4,172 | |
| OTHER | 2,034 | 2,034 | 2,034 | |
| PAYROLL FEE | 1,215 | 1,215 | 1,215 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 2,704 | 2,704 | 2,704 | |
| SCHOOL BUILDING | 3,950 | 3,950 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CURRENT MATURITIES OF DEBT | 300,000 | |
| NOTES PAYABLE | 300,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 51,452 | 51,452 | 51,452 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 24,817 | 985 | 985 | 23,832 |
| FOREIGN TAX | 4,289 | 4,289 | 4,289 |