| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,040 | 1,520 | 0 | 1,520 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD RUSSELL 2000 | FMV | ||
| ARTISAN INTL VALUE FUND | FMV | 253,406 | 253,406 |
| BROWN ADVISORY GLOBAL LEADERS | FMV | 156,039 | 156,039 |
| BROWN ADVISORY SUSTAIN GROWTH | FMV | 217,791 | 217,791 |
| BROWN ADVISORY SUSTAIN VALUE FD | FMV | 181,025 | 181,025 |
| BROWN ADVISORY EMRG MRKTS SELECT | FMV | 42,065 | 42,065 |
| BROWN ADVISORY SMALL CAP FUND VALUE | FMV | 81,480 | 81,480 |
| BROWN ADVISORY SMALL CAP GROWTH | FMV | 86,889 | 86,889 |
| ARTISAN HIGH INCOME | FMV | 50,822 | 50,822 |
| VOYA INTERMEDIATE BOND | FMV | 98,786 | 98,786 |
| VANGUARD INDEX FUNDS S&P 500 ETF | FMV | 363,697 | 363,697 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,290 | 0 | 0 | 5,290 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS RECEIVABLE | 816 | 720 | 720 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 105 | 105 | ||
| INVESTMENT MANAGEMENT FEES/ACCOUNT FEES | 1,976 | 1,976 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE SUPPORT | 11,000 | 0 | 0 | 11,000 |
| STATUTORY AGENT FEE | 452 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | 5,793 | |||
| FOREIGN TAXES PAID | 124 | 124 |