| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RETURN PREP AND TAX COMPLIANCE | 2,100 | 0 | 2,100 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TEXAS PACIFIC LAND TRUST SUB SHS CTF PROPRIETARY INT | 49,354 | 232,252 |
| CITIGROUP GLOBAL MARKETS L/O TA- CYN EEM SPY | 75,000 | 75,375 |
| MORGAN STANLEY FINANCE L/O TC-CYN MXEF RTY SX5E | 37,500 | 36,956 |
| MORGAN STANLEY FINANCE L/O TC-CYN MXEF RTY SX5E | 37,500 | 37,031 |
| CITIGROUP GLOBAL MARKETS L/O TC-CYN MXEF RTY SPX | 75,000 | 71,325 |
| BOFA FINANCE LLC | 75,000 | 75,300 |
| BARCLAYS BANK PLC | 75,000 | 73,950 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSES | 180 | 180 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 1,150 | 0 | 0 |