| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,800 | 7,800 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD INVESTMENTS | AT COST | 17,461,850 | 19,456,376 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 12 | 0 | 12 | |
| ACCOUNT EXPENSE | 2,363 | 2,363 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT SERVICES | 55,275 | 0 | 55,275 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 18,850 | 18,850 | 0 | |
| FEDERAL EXCISE TAX | 12,394 | 0 | 0 | |
| STATE TAX | 600 | 0 | 600 |