| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WILLIAM BLAIR & CO ACG | FMV | 6,940,612 | 6,940,612 |
| ROBECO PREM EQUITY ACV | FMV | 7,582,586 | 7,582,586 |
| PIMCO | FMV | 2,662,169 | 2,662,169 |
| EARNEST FOREIGN | FMV | 5,551,439 | 5,551,439 |
| MLPA | FMV | 30,735,564 | 30,735,564 |
| INVESCO CORE REAL ESTATE USA LP | FMV | 4,823,194 | 4,823,194 |
| MFS | FMV | 5,039,912 | 5,039,912 |
| TRUST MANAGEMENT | FMV | 1,401,703 | 1,401,703 |
| Description | Amount |
|---|---|
| NET UNREALIZED LOSS ON INVESTMENTS | 579,652 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 320 | 0 | 320 | |
| OTHER OFFICE ADMINISTRATION | 5,766 | 0 | 5,766 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NET INCOME FROM OPEN-END FUNDS | 175,697 | 175,697 | 175,697 |
| RETURNED GRANTS | 50,000 | 50,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED TAXES | 157,508 | 151,205 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 509,047 | 509,047 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 19,368 | 0 | 19,368 | |
| EXCISE TAX ON INVESTMENT INCOME | 42,342 | 0 | 41,311 |