| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 2,500 | 625 | 1,250 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SPDR S&P500 ETF TRUST | AT COST | 14,304 | 18,755 |
| SPDR PORTFOLIO S&P 500 VALUE ETF | AT COST | 15,561 | 20,405 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MN REGISTRATION FEE | 25 | 0 | 25 |
| Description | Amount |
|---|---|
| TIMING DIFFERENCE | 65 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MARGIN INTEREST | 16,549 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 33 | 33 | 0 |