| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION, ACCOUNTING, AND CONSULTING | 14,495 | 7,247 | 7,248 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE FIXED INCOME HELD BY MORGAN STANLEY | 116,098 | 116,098 |
| MUTUAL FUNDS HELD BY MORGAN STANLEY | 664,554 | 664,554 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DOMESTIC AND FOREIGN COMMON STOCKS HELD BY MORGAN STANLEY | 1,755,965 | 1,755,965 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY AND EQUIPMENT | 261,045 | 246,695 | 14,350 | 14,350 |
| LAND | 10,498 | 0 | 10,498 | 10,498 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REAL ESTATE HELD FOR SALE | 1,050,475 | 1,050,475 | 1,050,475 |
| CONSTRUCTION IN PROGRESS | 250,000 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 1,000 | 0 | 1,000 | |
| REPAIRS AND MAINTENANCE | 30,415 | 10,645 | 19,770 | |
| UTILITIES | 2,935 | 1,027 | 1,908 | |
| OFFICE SUPPLIES | 2,805 | 982 | 1,823 | |
| TELEPHONE | 1,409 | 493 | 916 | |
| INSURANCE | 5,900 | 2,950 | 2,950 | |
| MISCELLANEOUS | 1,045 | 366 | 679 | |
| INVESTMENT FEES | 25,617 | 25,617 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS | 104,700 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,010 | 353 | 657 | |
| INCOME TAX | 3,004 | 0 | 0 | |
| FOREIGN TAX PAID | 2,218 | 2,218 | 0 |