| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,525 | 762 | 763 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CISCO SYS. INC. | 19,422 | 47,124 |
| LOWE'S COMPANIES, INC. | 23,140 | 113,548 |
| VISA INC. COM CL. A | 26,279 | 249,819 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LEGG MASON ASSET HIGH INCOME C1 | AT COST | 56,703 | 52,795 |
| TEMPLETON FOREIGN CLASS A | AT COST | 42,378 | 59,484 |
| AMERICAN FUNDAMENTAL INVESTORS FUND CLASS A | AT COST | 170,829 | 263,265 |
| AMERICAN GROWTH FUND OF AMERICA CLASS A | AT COST | 79,734 | 126,071 |
| AMERICAN BALANCED FUND CLASS A | AT COST | 78,299 | 117,818 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REGISTRATION FEE | 25 | 0 | 25 | |
| OFFICE EXPENSE | 127 | 0 | 127 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2024 FEDERAL TAX DUE | 570 | 0 | 0 | |
| 2025 FEDERAL ESTIMATED TAX PAYMENT | 1,080 | 0 | 0 | |
| FOREIGN TAX | 85 | 85 | 0 |