| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 139,165 | 2,230 | 0 | 136,935 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFO VANGUARD BD INDEX FDS TOTAL BD MKT PORTFOLIO INSTL SHS | 19,418,787 | 19,418,787 |
| MFO DODGE & COX INC FD | 13,344,142 | 13,344,142 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFB NTGI MFB NTGI-QM COMMON DAILY RUSSELL 1000 INDEX - NON LENDIN | 76,310,241 | 76,310,241 |
| FORD MTR CO DEL COM PAR | 3,732,498 | 3,732,498 |
| MFO ARTISAN FDS INC INTL VALUE FD INSTL SHS | 12,744,269 | 12,744,269 |
| MFO HARDING LOEVNER FDS INC INTL EQUITY PORTFOLIO | 5,890,012 | 5,890,012 |
| MFO VANGUARD DEVELOPED MARKETS INDEX | 13,803,958 | 13,803,958 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 98,637 SHS - POLUNIN DEVELOPING | FMV | 2,434,003 | 2,434,003 |
| 1 SHS - GQG PARTNERS EMERGING MARKETS EQUITY FUND | FMV | 3,598,838 | 3,598,838 |
| 1 SHARE - HARVEST MLP INCOME FUND LLC | FMV | 7,139,376 | 7,139,376 |
| 8,643 SHS - THE WEATHERLOW OFFSHORE FUND I | FMV | 19,557,086 | 19,557,086 |
| 1 SHARE - GOLDEN TREE ASSET MANAGEMENT LP | FMV | 10,551,119 | 10,551,119 |
| 1 SHARE - MGG SF EVERGREEN FUND LP | FMV | 3,370,650 | 3,370,650 |
| 1 SHARE - CEREBUS PARTNERS II LP | FMV | 176,271 | 176,271 |
| 50,000 SHS - THE CHILDREN'S INVESTMENT FUND | FMV | 7,677,500 | 7,677,500 |
| 3,500 SHS - GAOLING FEEDER LTD | FMV | 1,802,938 | 1,802,938 |
| 1 SHARE - D1 CAPITAL PARTNERS OFFSHORE LP | FMV | 4,079,532 | 4,079,532 |
| 5,000 SHS - DURABLE CAPITAL OFFSHORE FUND LTD | FMV | 5,709,902 | 5,709,902 |
| 42,117 SHS - ARROWSTREET EMERGING MARKET TRUST FUND | FMV | 4,155,368 | 4,155,368 |
| 1 SHS - LL MORTGAGE FUND | FMV | 9,534,330 | 9,534,330 |
| 1 SHARE - PALMER SQAURE ULTRA-SHORT DURATION INVESTMENT GRADE FUND | FMV | 4,638,638 | 4,638,638 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CONSTRUCTION IN PROGRESS | 804,401 | 0 | 804,401 | 804,401 |
| MAIN HOUSE RESTORATION | 6,104,664 | 3,440,304 | 2,664,360 | 2,664,360 |
| REAL ESTATE IMPROVEMENTS | 4,843,619 | 1,834,092 | 3,009,527 | 3,009,527 |
| REAL ESTATE - ORIGINAL PROPERTY | 4,430,000 | 0 | 4,430,000 | 4,430,000 |
| ADDITIONS TO COLLECTION | 4,156,992 | 0 | 4,156,992 | 4,156,992 |
| GATEHOUSE, GARAGE, WORK BLDG, PLAYHOUSE | 2,119,046 | 1,447,363 | 671,683 | 671,683 |
| ORIGINAL HOUSE FURNISHINGS | 1,947,010 | 0 | 1,947,010 | 1,947,010 |
| POOL AND POWERHOUSE RENOVATION | 4,348,329 | 1,137,656 | 3,210,673 | 3,210,673 |
| LANDSCAPE IMPROVEMENTS | 976,396 | 624,751 | 351,645 | 351,645 |
| EQUIPMENT | 2,038,832 | 800,847 | 1,237,985 | 1,237,985 |
| WARREN COLLECTION BUILDING | 825,574 | 225,281 | 600,293 | 600,293 |
| HOUSE FURNISHING ADDITIONS | 478,803 | 435,711 | 43,092 | 43,092 |
| ART REPRODUCTIONS | 458,391 | 178,111 | 280,280 | 280,280 |
| VEHICLES | 533,981 | 464,521 | 69,460 | 69,460 |
| PLANNING AND DEVELOPMENT COSTS | 286,079 | 228,020 | 58,059 | 58,059 |
| ACTIVITIES BUILDING FURNISHINGS AND EQUIPMENT | 275,779 | 275,779 | 0 | |
| OFFICE EQUIPMENT & FURNITURE | 450,807 | 417,788 | 33,019 | 33,019 |
| FORD HOUSE VIDEO TAPE & GUEST AMENITIES | 262,581 | 212,501 | 50,080 | 50,080 |
| COLLECTIONS AUTOMOBILE - LINCOLN | 136,180 | 0 | 136,180 | 136,180 |
| NON-DEPRECIABLE LANDSCAPE | 126,161 | 0 | 126,161 | 126,161 |
| NON-DEPRECIABLE EXHIBIT ITEMS | 116,250 | 0 | 116,250 | 116,250 |
| PLAYHOUSE RENOVATION | 96,235 | 84,335 | 11,900 | 11,900 |
| GATELODGE IMPROVEMENTS | 217,979 | 33,396 | 184,583 | 184,583 |
| NORTH DEVELOPMENT ZONE | 8,490 | 5,519 | 2,971 | 2,971 |
| NON-DEPRECIABLE PERSONAL PROPERTY | 16,000 | 0 | 16,000 | 16,000 |
| SOUTH COTTAGE DISPLAY | 19,893 | 19,893 | 0 | |
| NEW BUILDINGS | 56,486,943 | 7,201,581 | 49,285,362 | 49,285,362 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 31,104 | 1,555 | 0 | 31,104 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER EXCISE TAX ASSET | 143,642 | 97,653 | 97,653 |
| DEFERRED SWAP ASSET | 0 | 4,362,926 | 4,362,926 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MAINTENANCE - BUILDING & GROUNDS, EQUIP, ACQUISITIONS, & CONSERVATION OF ART | 248,458 | 0 | 0 | 248,458 |
| OFFICE EXPENSE | 75,760 | 0 | 0 | 75,760 |
| INSURANCE | 205,158 | 0 | 0 | 205,158 |
| FUNCTIONS, TOURS, AND EXHIBITS | 177,363 | 0 | 177,363 | 0 |
| EMPLOYMENT COSTS | 127,322 | 0 | 0 | 127,322 |
| CARE OF COLLECTION | 638,880 | 0 | 0 | 638,880 |
| SECURITY & PUBLIC SAFETY | 188,211 | 0 | 0 | 188,211 |
| TELEPHONE | 39,226 | 0 | 0 | 39,226 |
| MEMBERSHIPS | 14,617 | 0 | 0 | 14,617 |
| MARKETING & COMMUNICATIONS | 310,221 | 0 | 0 | 310,221 |
| WEBSITE MAINTENANCE | 15,711 | 0 | 0 | 15,711 |
| DONOR & MEMBER CULTIVATION | 8,880 | 0 | 0 | 8,880 |
| CREDIT CARD & BANK FEES | 595 | 0 | 0 | 595 |
| INFORMATION TECHNOLOGY | 74,212 | 0 | 0 | 74,212 |
| RENTALS | 2,154,358 | 0 | 0 | 2,154,358 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER PORTFOLIO INCOME | 0 | 0 | 0 |
| FROM 2024 K-1 INVESTMENT | 0 | 617,423 | 0 |
| HOUSE ACTIVITIES | 2,959,358 | 2,959,358 | |
| FROM GOLDENTREE SELECT PARTNERS K-1 | 53,341 | 53,341 | |
| FROM MGG SF EVERGREEN FUND LP K-1 | 15,998 | 15,998 | |
| FROM CERBERUS PARTNERS II LP K-1 | -289 | -289 | |
| UBI FROM 2024 K-1 INVESTMENTS | -69,050 | -69,050 | -69,050 |
| Description | Amount |
|---|---|
| ACCRUAL TO CASH ADJUSTMENT | 1,908,819 |
| UNREALIZED GAIN ON INVESTMENTS | 14,029,580 |
| PRIOR PERIOD ADJUSTMENT | 770,001 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED EXCISE TAX | 0 | 755,772 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 1,193,179 | 851,723 | 851,723 | 341,456 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX EXPENSE | 325,545 | 44,676 | 0 | 0 |