| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 18,054 | 6,018 | 12,036 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| COMMON STOCKS | 33,165,043 | 37,466,195 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTWORK | FMV | 9,990 | 9,990 |
| INVESTMENT IN ARMORY SQUARE | AT COST | 118,364 | 118,364 |
| INVESTMENT IN ARMORY SQUARE II | AT COST | 154,880 | 154,880 |
| INVESTMENT IN ARMORY SQUARE III | AT COST | 308,506 | 308,506 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSES FROM ARMORY SQUARE VENTURES | 10 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSE | 12,136 | 4,045 | 8,091 | |
| INSURANCE | 7,504 | 2,501 | 5,003 | |
| DUES & OTHER OUTSIDE SERVICES | 290 | 97 | 193 | |
| OUTSIDE COMPUTER SERVICES | 8,005 | 2,668 | 5,337 | |
| PORTFOLIO EXPENSES | 49,845 | 49,845 | 0 | |
| INVESTMENT INCOME EXPENSES | 39 | 39 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 216,295 | 216,295 | 0 | |
| PAYROLL FEES | 664 | 221 | 443 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NYS FILING FEE | 750 | 0 | 0 | |
| PAYROLL TAXES | 14,388 | 4,796 | 9,592 | |
| EXCISE TAX ON INVESTMENT INCOME | 80,735 | 0 | 0 |