| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,375 | |||
| PAYROLL PROCESSING FEES | 2,338 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DODGE TRUCK | 2016-05-04 | 9,200 | 7,360 | STRAIGHT LINE | 0000000005.000000000000 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Election to Use MACRS Straight Line Method - All Property Pursuant to IRC Section 168b3D, the Taxpay | Election to Use MACRS Straight Line Method All Property Pursuant to IRC Section 168b)3)D) the Taxpayer elects to use the straight line method of depreciation in computing the deduction for all property placed in service during the current tax year. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| IPHONE6 | 2,073 | 2,073 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 255 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PAYROLL ADVANCE | 1,155 | 1,155 | 1,155 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 2,954 | |||
| BANK FEES | 50 | |||
| MISCELLANEOUS | 6 |
| Name | Address |
|---|---|
|
AMERICAN ENDOWMENT FOUNDATION |
5700 ARROW ROAD HUDSON,OH44236 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,147 | 1,147 |