| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 10,000 | 5,000 | 5,000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| COTTAGES OF NORMAN EQUITY K-1 | PURCHASED | 10,688 | COST | 0 | 10,688 | |||||
| VESPER PORTFOLIO JV MM K-1 | PURCHASED | 195 | COST | 0 | 195 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENT IN GOLDMAN SACHS | 3,749,987 | 5,624,956 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN 2286 FLATBUSH AVE LLC | AT COST | 502,320 | 502,320 |
| INVESTMENT IN INFINITY AL HOLDINGS LLC | AT COST | 46,408 | 46,408 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENT | 14,272 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NONDEDUCTIBLE EXPENSE FROM PASSTHROUGH ENTITIES | 637 | 0 | 0 | |
| LOSS FROM PASSTHROUGH ENTITIES | 24,329 | 0 | 0 | |
| BANK FEES | 431 | 431 | 0 | |
| NYS CHAR500 FEE | 500 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INCOME FROM PASSTHROUGH ENTITIES | 21,803 | 0 | 21,803 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFICIT INVESTMENT IN COTTAGES OF NORMAN EQUITY LLC | 15,033 | 0 |
| DEFICIT INVESTMENT IN HARBOR HOUSE EQUITY LLC | 276,023 | 273,286 |
| DEFICIT INVESTMENT IN HAWKS POINTE EQUITY LLC | 167,618 | 176,189 |
| DEFICIT INVESTMENT IN UNIVERSITY VILLAGE EQUITY LLC | 26,880 | 32,318 |
| DEFICIT INVESTMENT IN VESPER PORTFOLIO JV MM | 24,198 | 38,883 |
| DEFICIT INVESTMENT IN WOODLAND MEWS EQUITY LLC | 302,247 | 313,078 |
| CREDIT CARD PAYABLE | 0 | 71,242 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 102,075 | 51,038 | 51,037 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS EXCISE TAX | 1,500 | 0 | 0 |