| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 34,150 | 0 | 23,010 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALABAMA PWR CO 5.500% DUE 03-15-41 | 4,892 | 4,892 |
| ALLSTATE CORP 4.500% DUE 06-15-43 | 2,552 | 2,552 |
| ALLSTATE CORP 5.250% DUE 03-30-33 | 1,989 | 1,989 |
| ANHEUSER-BUSCH INBEV WLDW INC 6.375% DUE 01-15-40 | 12,863 | 12,863 |
| AON CORP / AON GLOB 5% DUE 09-12-32 | 9,843 | 9,843 |
| AON CORP 5% DUE 09-12-32 | 4,921 | 4,921 |
| ARCHER-DNIELS-M STEP DUE 03-01-41 | 9,927 | 9,927 |
| AT&T INC 4.25% DUE 03-01-27 | 29,060 | 29,060 |
| AXA FINANCIAL, INCL 7% DUE 04-01-28 | 26,381 | 26,381 |
| BALTIMORE GAS & ELEC CO (ANGLESEA FUNDING) 3.2% DUE 09-15-49 | 6,653 | 6,653 |
| BANK5 2024-5YR10 4.83% DUE 10-15-57 | 25,018 | 25,018 |
| BECTON DICKINSON & CO 1.957% DUE 02-11-31 | 16,592 | 16,592 |
| BELL TEL CO CDA-BELL 3.650% DUE 03-17-51 | 4,146 | 4,146 |
| BK OF AMERICA CORP 2.972% DUE 02-04-33 | 7,739 | 7,739 |
| BK OF AMERICA CORP VAR DUE 02-04-33 | 9,458 | 9,458 |
| BRISTOL MYERS SQUIBB CO 5.875% DUE 11-15-36 | 3,104 | 3,104 |
| BROADCOM INC 4.750% DUE 04-15-29 | 26,790 | 26,790 |
| CAMPBELL SOUP CO 3.125% DUE 04-24-50 | 1,925 | 1,925 |
| CAPITAL ONE FINANCIAL CORP 5.817% DUE 02-01-34 | 2,007 | 2,007 |
| CAPITAL ONE FINL CORP VAR DUE 02-01-34 | 7,787 | 7,787 |
| CAPITAL ONE FINL CORP VAR DUE 03-01-30 | 11,076 | 11,076 |
| CAROLINA PWR & LT CO (PROGRESS ENERGY) 4.1% | 8,190 | 8,190 |
| CHEVRON CORP NEW 2.978% DUE 05-11-40 | 1,483 | 1,483 |
| CHUBB INA HOLDINGS INC 6.700% DUE 05-15-36 | 5,510 | 5,510 |
| CITIGROUP INC 6.625% DUE 01-15-28 | 7,347 | 7,347 |
| CITIGROUP INC VAR DUE 03-17-33 | 13,479 | 13,479 |
| COMCAST CORP 2.45% DUE 08-15-52 | 5,421 | 5,421 |
| CONSOLIDATED EDISON CO N Y INC 5.5% DUE 12-01-39 | 12,917 | 12,917 |
| CSX CORP 6.150% DUE 05-01-37 | 2,120 | 2,120 |
| CVS HEALTH CORP 4.3% DUE 03-25-28 | 24,202 | 24,202 |
| DISNEY WALT CO 7.625% DUE 11-30-28 | 22,042 | 22,042 |
| DOVER CORP 6.65% DUE 06-01-28 | 20,923 | 20,923 |
| EATON CORP PLC 4.35% DUE 05-18-28 | 34,679 | 34,679 |
| EMERSON ELECTRIC 2.75% DUE 10-15-50 | 8,108 | 8,108 |
| ENTERPRISE PRODS OPER LLC 5.1% DUE 02-15-45 | 7,349 | 7,349 |
| EOG RES INC 4.950% DUE 04-15-50 | 2,660 | 2,660 |
| ERP OPER LTD PARTNERSHIP 3.000% DUE 07-01-29 | 6,516 | 6,516 |
| EXXON MOBIL CORP 3.567% DUE 03-06-45 | 2,256 | 2,256 |
| FISERV INC 4.4% DUE 07-01-49 | 4,098 | 4,098 |
| FLORIDA PWR & LT CO 5.400% DUE 09-01-35 | 1,975 | 1,975 |
| GENUINE PARTS CO 2.75% DUE 02-01-32 | 12,629 | 12,629 |
| HARTFORD FINL SVCS GROUP INC 2.8% DUE 08-19-29 | 13,671 | 13,671 |
| JOHN DEERE CAPITAL CORPORATION 5.05% DUE 06-12-34 | 4,970 | 4,970 |
| JPMORGAN CHASE & CO VAR DUE 01-23-29 | 33,445 | 33,445 |
| KRAFT HEINZ FOODS CO 4.875% DUE 10-01-49 | 5,145 | 5,145 |
| LOCKHEED MARTIN CORP 5.2% DUE 02-15-55 | 9,431 | 9,431 |
| LOWES COS INC 2.625% DUE 04-01-31 | 13,033 | 13,033 |
| MARKEL CORP 3.350% DUE 09-17-29 | 1,861 | 1,861 |
| MARKEL CORP 5% DUE 03-30-43 | 4,395 | 4,395 |
| MARRIOTT INTL INC 4.9% DUE 04-15-29 | 24,930 | 24,930 |
| MCKESSON CORP 5.1% DUE 07-15-33 | 9,918 | 9,918 |
| METLIFE INC 4.050% DUE 03-01-45 | 2,398 | 2,398 |
| MONDELEZ INTL INC 7% DUE 08-11-37 | 5,500 | 5,500 |
| MORGAN STAN CAP I 2015-UBS8 3.540% DUE 12-17-48 | 36,845 | 36,845 |
| MORGAN STAN CAP I 2016-UBS11 2.782% DUE 08-17-49 | 24,030 | 24,030 |
| MORGAN STANLEY 1.794% DUE 02-13-32 | 5,716 | 5,716 |
| MORGAN STANLEY 3.772% DUE 01-24-29 | 4,819 | 4,819 |
| MORGAN STANLEY VAR DUE 02-13-32 | 8,165 | 8,165 |
| NEW JERSEY STATE TURNPIKE AUTHORITY 7.102% DUE 01-01-41 | 11,168 | 11,168 |
| NORFOLK SOUTHERN CORP 5.64% DUE 05-17-29 | 20,484 | 20,484 |
| NUTRIEN LTD 5.8% DUE 03-27-53 | 5,910 | 5,910 |
| ONEOK INC NEW 3.95% | 3,630 | 3,630 |
| ORACLE CORP 2.650% DUE 07-15-26 | 2,909 | 2,909 |
| ORACLE CORP 3.600% DUE 04-01-50 | 1,391 | 1,391 |
| PFIZER INVT ENTERPRISES 5.3% DUE 05-19-53 | 4,689 | 4,689 |
| PNC FINL SVCS GROUP INC VAR DUE 10-28-33 | 15,513 | 15,513 |
| PRUDENTIAL FINL INC 5.4% DUE 06-13-35 | 14,847 | 14,847 |
| QUALCOMM INC 4.3% DUE 05-20-47 | 8,267 | 8,267 |
| RTX CORP 5.4% DUE 05-01-35 | 9,002 | 9,002 |
| SCHLUMBERGER INVT SA 4.850% DUE 05-15-33 | 4,878 | 4,878 |
| SCHWAB CHARLES CORP VAR DUE 08-24-34 | 15,704 | 15,704 |
| SYSCO CORP 4.45% DUE 03-15-48 | 4,070 | 4,070 |
| SYSCO CORP 5.950% DUE 04-01-30 | 2,083 | 2,083 |
| T MOBILE USA INC 4.375% DUE 04-15-40 | 12,951 | 12,951 |
| TAMPA ELEC CO 6.150% DUE 05-15-37 | 5,174 | 5,174 |
| TARGA RES PARTNERS / TARGA RES 5.5% DUE 03-01-30 | 30,060 | 30,060 |
| THE CHARLES SCHWAB CORPORATION 3.250% DUE 05-22-29 | 1,865 | 1,865 |
| TORONTO DOMINION BANK 3.2% DUE 03-10-32 | 17,477 | 17,477 |
| TOYOTA MTR CR CORP 5.45% DUE 11-10-27 | 35,791 | 35,791 |
| TRAVELERS COS INC/THE 6.250% DUE 06-15-37 | 3,214 | 3,214 |
| TRUIST FINANCIAL CORP 6.123% DUE 10-28-33 | 9,314 | 9,314 |
| UNITED PARCEL SVC AMER INC SE STEP DUE 04-01-30 | 28,047 | 28,047 |
| US BANCORP 5.850% DUE 10-21-33 | 7,140 | 7,140 |
| US BANCORP SE DUE 04-01-30 | 13,261 | 13,261 |
| VALERO ENERGY CORP 6.625% DUE 06-15-37 | 3,147 | 3,147 |
| VERIZON COMMUNICATIONS INC 4.4% DUE 11-01-34 | 9,266 | 9,266 |
| VIRGINIA ELEC & PWR CO 2.4% DUE 11-01-34 | 16,792 | 16,792 |
| WASTE MGMT INC DEL COM | 120,670 | 120,670 |
| WELLS FARGO & CO 4.897% DUE 07-25-33 | 6,763 | 6,763 |
| WELLS FARGO & CO VAR DUE 07-25-33 | 17,391 | 17,391 |
| WELLS FARGO COML TR 2015-C29 3.637% DUE 06-17-48 | 44,659 | 44,659 |
| WESTLAKE CHEM CORP 3.6% | 1,740 | 1,740 |
| WILLIAMS COS INC 2.6% DUE 03-15-31 | 17,242 | 17,242 |
| WYETH 5.950% DUE 04-01-37 | 2,084 | 2,084 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 168,421 | 168,421 |
| ABBVIE INC | 33,408 | 33,408 |
| ACCENTURE PLC | 155,491 | 155,491 |
| ACUITY BRANDS INC COM | 37,977 | 37,977 |
| ADIDAS AG ADR | 150,751 | 150,751 |
| ADOBE SYS INC COM | 62,255 | 62,255 |
| ADVANCED DRAINAGE SYSTEMSINC | 62,077 | 62,077 |
| ADVANCED MICRO DEVICES | 83,345 | 83,345 |
| AECOM TECHNOLOGY CORP | 43,262 | 43,262 |
| AIR PRODS & CHEMS INC COM | 22,043 | 22,043 |
| ALPHABET INC CL A | 222,428 | 222,428 |
| ALPHABET INC CL C | 177,871 | 177,871 |
| ALTRIA GROUP INC 4.800% DUE 02-14-29 | 19,786 | 19,786 |
| AMADEUS IT HOLDING SA | 108,279 | 108,279 |
| AMAZON COM INC COM | 495,383 | 495,383 |
| AMERICAN EXPRESS 8.15% DUE 03-19-38 | 12,390 | 12,390 |
| AMERICAN EXPRESS CO COM | 43,628 | 43,628 |
| AMETEK INC NEW COM | 361,241 | 361,241 |
| AMGEN INC 4.200% DUE 02-22-52 | 2,298 | 2,298 |
| AMPHENOL CORP NEW CL A | 255,854 | 255,854 |
| AON PLC SHS CL A | 281,581 | 281,581 |
| APPLE INC | 1,020,712 | 1,020,712 |
| ARCH CAPITAL GROUP LTD | 91,704 | 91,704 |
| ARCHER DANIELS MIDLAND COM | 33,495 | 33,495 |
| ASML HOLDING NV - NY SHS | 146,933 | 146,933 |
| AT&T INC | 23 | 23 |
| AUTODESK INC COM | 97,834 | 97,834 |
| BANK AMER CORP | 162,000 | 162,000 |
| BANK OF NEW YORK MELLON CORP | 77,368 | 77,368 |
| BLACKROCK STRATEGIC INCOME OPPS INSTL | 646,919 | 646,919 |
| BOOKING HLDGS INC COM | 362,695 | 362,695 |
| BRANDYWINE RLTY TR SH BEN INT NEW | 45,321 | 45,321 |
| BROADCOM INC. | 286,091 | 286,091 |
| BROWN & BROWN INC COM | 59,682 | 59,682 |
| BUNZL PLC | 81,711 | 81,711 |
| CANADIAN PACIFIC KANSAS CITY ORD SHS | 258,071 | 258,071 |
| CHEVRON TEXACO CORP | 207,701 | 207,701 |
| CIGNA CORP | 40,040 | 40,040 |
| CITIGROUP INC | 12,952 | 12,952 |
| CLOROX CO DEL COM | 35,893 | 35,893 |
| COCA COLA CO | 137,470 | 137,470 |
| COGNIZANT TECH SOLUTNS CL A | 6,383 | 6,383 |
| COLGATE PALMOLIVE CO COM | 131,183 | 131,183 |
| CONOCOPHILLIPS COM | 94,311 | 94,311 |
| COPART INC COM | 630,429 | 630,429 |
| COSTAR GROUP INC COM | 202,528 | 202,528 |
| COUSINS PROPERTIES INCORPORATED | 184,606 | 184,606 |
| DANAHER CORP DEL COM | 119,136 | 119,136 |
| DARLING INTL INC COM | 235,897 | 235,897 |
| DASSAULT SYS S A SPONSORED ADR | 89,234 | 89,234 |
| DECKERS OUTDOOR CORP COM | 33,713 | 33,713 |
| DELL TECHNOLOGIES INC | 38,605 | 38,605 |
| DESCARTES SYSTEMS GROUP ORD SHS | 78,725 | 78,725 |
| DIGITAL RLTY TR INC COM | 286,920 | 286,920 |
| DOUGLAS EMMETT INC COM | 13,400 | 13,400 |
| EASTMAN CHEM CO COM | 37,441 | 37,441 |
| EBAY INC COM | 18,647 | 18,647 |
| ECOLAB INC COM | 257,752 | 257,752 |
| EDISON INTL COM | 263,073 | 263,073 |
| ELI LILLY & CO | 179,876 | 179,876 |
| ENPHASE ENERGY, INC. | 33,928 | 33,928 |
| EOG RES INC COM | 29,297 | 29,297 |
| EQUINIX INC COM | 18,858 | 18,858 |
| EVOLUTION GAMING GROUP AB ADR | 96,524 | 96,524 |
| EXPERIAN PLC | 90,459 | 90,459 |
| FAIR ISAAC CORP COM | 31,855 | 31,855 |
| FASTENAL CO COM | 268,152 | 268,152 |
| FIRST SOLAR INC COM | 75,783 | 75,783 |
| GEN DIGITAL INC. | 356 | 356 |
| GENERAL MOTORS COM | 2,397 | 2,397 |
| GILEAD SCIENCES INC COM | 28,080 | 28,080 |
| GLOBANT SA | 100,992 | 100,992 |
| GOLDMAN SACHS GROUP INC VAR DUE 02-24-33 | 17,159 | 17,159 |
| GRACO INC COM | 410,914 | 410,914 |
| HARTFORD FINL SVCS COM | 201,405 | 201,405 |
| HDFC BANK LTD ADR REPS 3 SHS | 162,588 | 162,588 |
| HEICO CORP NEW CL A | 668,399 | 668,399 |
| HEWLETT PACKARD ENTERPRISE CO | 24,851 | 24,851 |
| HILTON WORLDWIDE HOLDINGS INC | 62,779 | 62,779 |
| HINGHAM INSTITUTION FOR SAVINGS | 177,898 | 177,898 |
| ICON PLC | 168,187 | 168,187 |
| IDEX CORP COM | 185,431 | 185,431 |
| IDEXX LABS INC COM | 121,965 | 121,965 |
| INTEL CORP | 55,158 | 55,158 |
| ISHARES TR MBS FIXED BDFD | 554,664 | 554,664 |
| JOHNSON & JOHNSON | 367,479 | 367,479 |
| JP MORGAN CHASE & CO | 135,436 | 135,436 |
| JUNIPER NETWORKS INC COM | 110,702 | 110,702 |
| KB HOME COM | 149,316 | 149,316 |
| KILROY RLTY CORP COM | 14,967 | 14,967 |
| KIMBERLY CLARK CORP COM | 30,270 | 30,270 |
| KINSALE CAPITAL GROUP, INC | 196,750 | 196,750 |
| KROGER CO COM | 28,007 | 28,007 |
| LANDSTAR SYSTEMS INC | 205,888 | 205,888 |
| LINCOLN NATL CORP IND 3.400% DUE 03-01-32 | 4,377 | 4,377 |
| LINDE PLC SHS | 428,718 | 428,718 |
| MARRIOTT INTL INC NEW CL A | 128,033 | 128,033 |
| MASTERCARD INC CL A | 274,870 | 274,870 |
| MEDTRONIC PLC | 192,032 | 192,032 |
| MERCADOLIBRE INC | 139,436 | 139,436 |
| MERCK & CO., INC. | 156,482 | 156,482 |
| META PLATFORMS INC CL A | 300,952 | 300,952 |
| METLIFE INC COM | 25,710 | 25,710 |
| MICROSOFT CORP | 1,047,849 | 1,047,849 |
| MONDAY COM LTD SHS | 34,139 | 34,139 |
| MONDELEZ INTERNATIONAL INC | 32,433 | 32,433 |
| MOODYS CORP COM | 317,158 | 317,158 |
| MSCI INC. | 231,004 | 231,004 |
| NETFLIX COM INC COM | 57,044 | 57,044 |
| NEXTRACKER INC CLASS A COM | 35,434 | 35,434 |
| NOVO-NORDISK A S ADR | 91,525 | 91,525 |
| NU HOLDINGS ORD SHS CLASS A | 58,130 | 58,130 |
| NVIDIA CORP COM | 1,014,695 | 1,014,695 |
| NVR INC COM | 253,546 | 253,546 |
| OLD DOMINION FREIGHT LINE | 456,700 | 456,700 |
| OMNICOM GROUP INC COM | 102,043 | 102,043 |
| ON HLDG AG NAMEN AKT A | 40,146 | 40,146 |
| ORGANON ORD SHS | 15 | 15 |
| ORMAT TECHNOLOGIES INC COM | 200,180 | 200,180 |
| OVINTIV INC COM | 5,022 | 5,022 |
| OWENS CORNING NEW COM | 198,082 | 198,082 |
| PARAMOUNT GROUP INC | 19,528 | 19,528 |
| PRIMERICA INC | 341,989 | 341,989 |
| PRUDENTIAL FINL INC COM | 98,617 | 98,617 |
| QUALCOMM INC | 51,616 | 51,616 |
| RBC BEARINGS INCORPORATED | 396,361 | 396,361 |
| RIVIAN AUTOMOTIVE INC COM CL A | 6,730 | 6,730 |
| RLI CORP COM | 395,592 | 395,592 |
| S&P GLOBAL INC. | 160,366 | 160,366 |
| SALESFORCE COM INC COM | 263,452 | 263,452 |
| SAP AKTIENGESELLSCHAFT (SPON ADR) | 407,478 | 407,478 |
| SCHNEIDER ELECTRIC SA | 91,933 | 91,933 |
| SERVICENOW INC | 116,613 | 116,613 |
| SHERWIN WILLIAMS CO COM | 159,767 | 159,767 |
| SHOPIFY INC. | 202,984 | 202,984 |
| SIEMENS HEALTHINEERS AG | 182,592 | 182,592 |
| SIMPSON MFG CO INC COM | 140,790 | 140,790 |
| SNAP ON INC 4.100% DUE 03-01-48 | 2,404 | 2,404 |
| SOLAREDGE TECHNOLOGIES INC | 3,550 | 3,550 |
| SPOTIFY TECHNOLOGY S.A. | 72,028 | 72,028 |
| STARBUCKS CORP COM | 32,120 | 32,120 |
| STATE STR CORP COM | 79,600 | 79,600 |
| SUNRUN INC COM | 8,242 | 8,242 |
| SYLVAMO CORP COMMON STOCK | 79 | 79 |
| TELEDYNE TECHNOLOGIES COM | 417,717 | 417,717 |
| TELEPERFORMANCE SE | 96,894 | 96,894 |
| TESLA MOTORS INC | 354,572 | 354,572 |
| THE SAGE GROUP PLC | 280,819 | 280,819 |
| TJX COS INC NEW COM | 67,895 | 67,895 |
| TOKYO ELECTRON LTD ADR | 78,434 | 78,434 |
| TYLER TECHNOLOGIES INC COM | 302,736 | 302,736 |
| UNILEVER PLC SPON ADR NEW | 45,360 | 45,360 |
| UNION PAC CORP COM | 122,457 | 122,457 |
| UNITED HEALTH GROUP INC COM | 60,197 | 60,197 |
| VEEVA SYSTEMS INC | 412,931 | 412,931 |
| VERALTO ORD SHS | 204 | 204 |
| VERISK ANALYTICS INC CL A | 165,809 | 165,809 |
| VERIZON COMMUNICATIONS COM | 55,586 | 55,586 |
| VIATRIS INC COM | 25 | 25 |
| VISA INC COM CL A | 217,119 | 217,119 |
| VORNADO RLTY TR SH BEN INT | 12,402 | 12,402 |
| WALMART INC. | 30,719 | 30,719 |
| WALT DISNEY CO | 111 | 111 |
| WARNER BROS DISCOVERY INC COM SER A | 21 | 21 |
| WILLIS TOWERS WATSON PLC LTD SHS | 113,080 | 113,080 |
| WILLSCOT MOBILE MINI HOLDINGS CORP | 29,202 | 29,202 |
| WR BERKLEY CORP | 193,116 | 193,116 |
| XCEL ENERGY INC COM | 58,472 | 58,472 |
| XYLEM INC COM | 204,311 | 204,311 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ANGELENO GLOBAL EQUITIES, LP | FMV | 1,430,876 | 1,430,876 |
| ANGELENO INVESTORS IV, LP | FMV | 89,304 | 89,304 |
| BBR ABSOLUTE RETURN LONG DURATION II LP | FMV | 481,849 | 481,849 |
| BBR ABSOLUTE RETURN LONG DURATION III, LP | FMV | 807,952 | 807,952 |
| BBR ABSOLUTE RETURN LONG DURATION IV, LP | FMV | 326,432 | 326,432 |
| BBR ABSOLUTE RETURN LONG DURATION LP | FMV | 605,850 | 605,850 |
| BBR ABSOLUTE RETURN LTD | FMV | 5,413,979 | 5,413,979 |
| BBR ABSOLUTE RETURN LONG DURATION FUND 2023 LP | FMV | 169,387 | 169,387 |
| BBR ABSOLUTE RETURN LONG DURATION FUND 2024 LP | FMV | 245,000 | 245,000 |
| BBR EQUITY LONG/SHORT LTD | FMV | 14,306,923 | 14,306,923 |
| BBR FIXED INCOME OPPORTUNITIES FUND, LP | FMV | 2,395,105 | 2,395,105 |
| BBR PRIVATE EQUITY FUND 2023, LLC | FMV | 240,206 | 240,206 |
| BBR PRIVATE EQUITY FUND 2024, LLC | FMV | 100,000 | 100,000 |
| BBR PRIVATE INVESTMENT FUND - SERIES H | FMV | 2,127,256 | 2,127,256 |
| BBR PRIVATE INVESTMENT FUND - SERIES I | FMV | 2,856,330 | 2,856,330 |
| BBR PRIVATE INVESTMENT FUND - SERIES J | FMV | 4,320,833 | 4,320,833 |
| BBR PRIVATE INVESTMENT FUND - SERIES K | FMV | 1,064,621 | 1,064,621 |
| BBR PRIVATE INVESTMENT FUND - SERIES L | FMV | 612,747 | 612,747 |
| BBR REAL ASSETS FUND 2023, LLC | FMV | 318,157 | 318,157 |
| BBR REAL ASSETS FUND 2024, LLC | FMV | 84,375 | 84,375 |
| BBR REAL ASSETS FUND III LP | FMV | 1,222,099 | 1,222,099 |
| BBR REAL ASSETS FUND IV LP | FMV | 1,935,721 | 1,935,721 |
| BBR REAL ASSETS FUND V LP | FMV | 2,288,976 | 2,288,976 |
| BBR REAL ASSETS FUND VI LP | FMV | 876,274 | 876,274 |
| BBR REAL ASSETS FUND VII LP | FMV | 748,309 | 748,309 |
| BBR SELECT OPPORTUNITIES - SUSTAINABLE EQUITIES LP | FMV | 3,483,806 | 3,483,806 |
| CARE INVESTMENT PARTNERS, LP | FMV | 250,025 | 250,025 |
| COMMUNITY HEALTH CENTER CAPITAL FUND | FMV | 250,000 | 250,000 |
| COMMUNITY HEALTH CENTER CAPITAL FUND II | FMV | 250,000 | 250,000 |
| COMMUNITY OUTCOMES FUND II LP | FMV | 39,304 | 39,304 |
| CPCA VENTURES | FMV | 43,660 | 43,660 |
| ENABLE VENTURES FUND I, LP | FMV | 142,885 | 142,885 |
| FIRST CHILDREN'S FINANCE | FMV | 250,000 | 250,000 |
| GUARDIANS COLLECTIVE | FMV | 75,000 | 75,000 |
| IFF INVESTMENTS | FMV | 500,000 | 500,000 |
| KAPOR CAPITAL III, L.P | FMV | 147,647 | 147,647 |
| MDF FREEDOM 100 | FMV | 100,000 | 100,000 |
| NEW MARKETS EDUCATION PARTNERS III, LP | FMV | 124,031 | 124,031 |
| REACH II, LP | FMV | 812,630 | 812,630 |
| REACH III, LP | FMV | 283,742 | 283,742 |
| RETHINK EDUCATION III LP | FMV | 264,075 | 264,075 |
| RH CAPITAL FUND II | FMV | 330,503 | 330,503 |
| T-BILL ETF | FMV | 821,599 | 821,599 |
| SUSTAIN VC IMPACT FUND II | FMV | 335,281 | 335,281 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INTEREST AND DIVIDENDS | 13,406 | ||
| DEPOSITS IN TRANSIT | 7,694,937 | 375,086 | 375,086 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SOFTWARE LICENSE | 5,970 | 0 | 5,970 | |
| INSURANCE | 2,250 | 0 | 2,250 | |
| MEMBERSHIP DUES | 830 | 830 | 0 | |
| ADMINISTRATIVE EXPENSES | 1,410 | 0 | 1,410 | |
| OTHER PARTNERSHIP EXPENSES FROM K-1 ACTIVITIES | 0 | 724,394 | 0 | |
| UBTI RELATED ACTIVITY | 825,927 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER PARTNERSHIP INCOME (LOSS) FROM K-1 ACTIVITIES | 4,600 | 130,923 | 4,600 |
| UBTI OTHER PARTNERSHIP INCOME | 504,510 | 0 | 504,510 |
| Description | Amount |
|---|---|
| UNREALIZED CHANGE IN FAIR MARKET VALUE | 5,509,460 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 234,000 | 0 | 213,590 | |
| INVESTMENT MANAGMENT FEES | 316,564 | 330,218 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 78,191 | 0 | 0 | |
| OTHER PARTNERSHIP EXPENSES - FOREIGN TAXES | 0 | 16,880 | 0 |