| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MSLP-Tax prep fees | 10,000 | 10,000 | ||
| MSLP- Accounting Fees | 12,000 | 3,000 | 9,000 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Morgan Stanley Fin LLC | 91,011 | 141,587 |
| JP Morgan Chase Fin Co | 100,008 | 152,650 |
| JP Morgan Chase Fin Co | 124,020 | 141,186 |
| JP Morgan Chase Finl Co | 124,020 | 144,348 |
| GS Fin Corp Ser F MTN Zero | 125,020 | 142,500 |
| JP Morgan Chase Fin Co | 62,020 | 97,923 |
| GS Fin Corp Ser F MTN Zero | 125,020 | 143,200 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Patton Albertson | 1,166,267 | 2,935,253 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CIM Real Assets Credit | FMV | 61,341 | 53,418 |
| Blackrock Total Return | FMV | 380,000 | 391,144 |
| Blackrock Advantage International | FMV | 100,000 | 107,397 |
| Blackrock ETF Trust ISshares | FMV | 155,984 | 148,285 |
| Goldman Sachs Absolute Return | FMV | 135,000 | 151,444 |
| MSIF International Opportunities | FMV | 150,000 | 221,017 |
| Ishares Core SP Total US Stock | FMV | 43,083 | 133,821 |
| Global X FDS Defense Tech ETF | FMV | 78,062 | 80,793 |
| First Trust Alter Opportunities | FMV | 185,030 | 193,592 |
| Cion Ares Diversified Credit | FMV | 210,183 | 205,094 |
| IShares SP 500 | FMV | 106,117 | 135,586 |
| Pimco Stockplus International | FMV | 202,985 | 222,662 |
| IShares TR MSCI Inl | FMV | 101,613 | 151,121 |
| IShares TR US Infastructure | FMV | 55,693 | 85,928 |
| Cantor Fitzgerald Infrastructure | FMV | 70,390 | 83,514 |
| Blackrock Strategic Income Opprts | FMV | 217,365 | 224,944 |
| The Bond Fund of America | FMV | 430,090 | 433,675 |
| Carlyle Tactical Private Credit | FMV | 120,025 | 116,764 |
| IShares Core MSCI Emerging Markets | FMV | 350,054 | 446,610 |
| T Rowe Price Exchange TRD | FMV | 110,237 | 126,126 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Prepaid Taxes | 579 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| License Fee | 35 | 35 | ||
| FMA Asset Management Fees | 49,985 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Federal Tax Payable | 3,248 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Income Tax paid | 1,961 | 1,961 | ||
| Tax on investment income | 9,248 |