| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARM ACCOUNTING & BOOKKEEPING | 12,945 | 0 | 0 | 12,945 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| KUBOTA ZERO TURN | 2024-02-29 | 26,282 | 4,380 | SL | 5.000000000000 | 5,256 | 0 | 5,256 | |
| JD GATOR | 2024-04-11 | 27,718 | 4,158 | SL | 5.000000000000 | 5,544 | 0 | 5,544 | |
| WOODS BRUSH HOG ROTARY MOWER | 2024-03-08 | 23,517 | 2,800 | SL | 7.000000000000 | 3,360 | 0 | 3,360 | |
| ADAMS POWER EQUIPMENT | 2024-11-27 | 5,501 | 92 | SL | 5.000000000000 | 1,100 | 0 | 1,100 | |
| SLR ENGINEERING - BRIDGE INSTALLATION | 2025-01-01 | 27,824 | SL | 15.000000000000 | 1,855 | 0 | 1,855 | ||
| ACROW - BRIDGE INSTALLATION | 2025-01-01 | 18,280 | SL | 15.000000000000 | 1,219 | 0 | 1,219 | ||
| KUBOTA RTV-X1140WLH UTILITY VEHICLE | 2025-06-01 | 23,851 | SL | 15.000000000000 | 928 | 0 | 928 | ||
| DUMP TRAILER | 2025-11-25 | 10,900 | SL | 15.000000000000 | 61 | 0 | 61 | ||
| COURSE ASPHALT INSTALL FROM BRIDGE REPAIR TO BARN AND MAIN HOUSE | 2025-05-15 | 183,099 | SL | 15.000000000000 | 8,138 | 0 | 8,138 | ||
| RUGES AUTOMOTIVE INC. - NEW TRUCK | 2025-11-14 | 42,948 | SL | 15.000000000000 | 477 | 0 | 477 | ||
| GLENN'S SHEDS/STORAGE | 2025-06-01 | 5,710 | SL | 20.000000000000 | 167 | 0 | 167 | ||
| BUSH HOG 6' ROTARY CUTTER | 2025-06-03 | 3,962 | SL | 15.000000000000 | 154 | 0 | 154 | ||
| ACROW - BRIDGE INSTALLATION | 2025-01-01 | 3,200 | SL | 15.000000000000 | 213 | 0 | 213 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VIII-A, LINE 1 | THE FOUNDATION IS DEVELOPING A VARIETY OF PROGRAMS FOR THE BENEFIT OF THE COMMUNITY, INCLUDING OFFERING TOURS OF THE FARM TO THE COMMUNITY, PROMOTING SUSTAINABLE AGRICULTURAL EDUCATION, EXPOSING COMMUNITY RESIDENTS TO AGRICULTURAL CAREER OPPORTUNITIES, PROVIDING BEGINNING FARMERS WITH ACCESS TO LAND TO GAIN EXPERIENCE DEVELOPING AN AGRICULTURAL OPERATION, DISPLAYING PAINTINGS AND SCULPTURES TO THE PUBLIC, AND FOSTERING COMMUNITY ENGAGEMENT AND EDUCATION. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALPHABET INC CL A (GOOGL) 821 SHS | 256,973 | 256,973 |
| APPLE INC (AAPL) 280 SHS | 76,121 | 76,121 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD S&P 500 ETF (VOO) 154 SHS | FMV | 96,578 | 96,578 |
| VANGUARD INFORMATION TECHNOLOGY ETF (VGT) 266 SHS | FMV | 200,505 | 200,505 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| KUBOTA ZERO TURN | 26,282 | 9,636 | 16,646 | 16,646 |
| JD GATOR | 27,718 | 9,702 | 18,016 | 18,016 |
| WOODS BRUSH HOG ROTARY MOWER | 23,517 | 6,160 | 17,357 | 17,357 |
| ADAMS POWER EQUIPMENT | 5,501 | 1,192 | 4,309 | 4,309 |
| SLR ENGINEERING - BRIDGE INSTALLATION | 27,824 | 1,855 | 25,969 | 25,969 |
| ACROW - BRIDGE INSTALLATION | 18,280 | 1,219 | 17,061 | 17,061 |
| KUBOTA RTV-X1140WLH UTILITY VEHICLE | 23,851 | 928 | 22,923 | 22,923 |
| DUMP TRAILER | 10,900 | 61 | 10,839 | 10,839 |
| COURSE ASPHALT INSTALL FROM BRIDGE REPAIR TO BARN AND MAIN HOUSE | 183,099 | 8,138 | 174,961 | 174,961 |
| RUGES AUTOMOTIVE INC. - NEW TRUCK | 42,948 | 477 | 42,471 | 42,471 |
| GLENN'S SHEDS/STORAGE | 5,710 | 167 | 5,543 | 5,543 |
| BUSH HOG 6' ROTARY CUTTER | 3,962 | 154 | 3,808 | 3,808 |
| ACROW - BRIDGE INSTALLATION | 3,200 | 213 | 2,987 | 2,987 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,479 | 0 | 0 | 4,479 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK HELD FOR CHARITABLE USE | 405,000 | 1,981,500 | 1,981,500 |
| Description | Amount |
|---|---|
| TO ADJUST COST FOR DONATED SECURITIES | 350,682 |
| TO ADJUST FOR OPENING BALANCE DIFFERENCE | 23,811 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 1,694 | 0 | 0 | 1,694 |
| DUES & SUBSCRIPTIONS | 4,539 | 0 | 0 | 4,539 |
| FARM EXPENSES | 74,523 | 0 | 54,562 | 19,961 |
| FUEL | 11,222 | 0 | 0 | 11,222 |
| INSURANCE | 17,781 | 0 | 0 | 17,781 |
| LANDSCAPING | 47,566 | 0 | 0 | 47,566 |
| MARKETING | 1,779 | 0 | 0 | 1,779 |
| OFFICE EXPENSES | 952 | 0 | 0 | 952 |
| REPAIRS & MAINTENANCE | 43,893 | 0 | 0 | 43,893 |
| UTILITIES | 20,811 | 0 | 0 | 20,811 |
| WEBSITE/SOFTWARE | 3,046 | 0 | 0 | 3,046 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MAITRI FARM, LLC INCOME | 88,892 | 88,892 | |
| MISC PRIOR YEAR REFUNDS | 1,270 | 1,270 |
| Description | Amount |
|---|---|
| CHANGE IN UNREALIZED GAINS ON INVESTMENTS | 413,564 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARM CONTRACTORS | 4,400 | 0 | 4,400 | 0 |
| DESIGN CONSULTING FEE | 3,520 | 0 | 0 | 3,520 |
| Name | Address |
|---|---|
| WILLIAM EDWARD FORD |
9001 COLLINS AVENUE SURFSIDE,FL33154 |
| WILSON BOWEN |
70 CLAPBOARD RIDGE ROAD GREENWICH,CT06830 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SALES TAX | 2,728 | 0 | 2,728 | 0 |