2024-09-24T15:32:24-05:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990PF 2023-01-01 546049005 GEORGE AND CAROL OLMSTED FOUNDATION GEOR 7035363500 80 EAST JEFFERSON ST 300B FALLS CHURCH VA 22046 BRUCE K SCOTT PRESIDENT 7035363500 2024-09-24 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-08-08 14:25:15Z X 46049159 X X 1259617 1259617 537358 11055872 537358 18593 96308 1815568 1893283 734060 82606 651454 106024 10602 102458 37206 3721 33485 18461 3692 14769 23461 11731 11730 203770 220779 0 128066 4827 43185 14538 2908 63803 12761 51882 47737 4730 43007 220966 9845 206387 1598092 368202 1158357 1066843 1010121 2664935 368202 2168478 -849367 1525081 526343 658509 658509 1092911 1084317 1084317 38274 37978 38274 38274 5480 5480 7194850 8299967 8299967 33945688 35855340 35855340 92571 90554 16555 2017 2017 168762 105255 105255 42983087 46049159 46049159 58487 56185 780110 836834 204906 194209 1043503 1087228 X 41939584 44961931 41939584 44961931 42983087 46049159 41939584 -849367 3871714 44961931 0 44961931 SALE OF SECURITIES P 11055872 10518514 537358 537358 537358 21199 0 21199 0 21199 61924 0 0 0 61924 0 40725 40725 0 0 0 0 0 0 0 0 0 0 0 1 1 VA 1 0 0 0 0 1 WWW.OLMSTEDFOUNDATION.ORG MARK B ELFENDAHL 7035363500 80 EAST JEFFERSON ST 300B FALLS CHURCH VA 22046 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 BRUCE K SCOTT 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 PRESIDENT 40.00 274260 13713 0 MARK B ELFENDAHL 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 EXECUTIVE VICE PRESIDENT 40.00 203800 9990 0 SEAN J COSDEN 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 VICE PRESIDENT 40.00 164000 8000 0 JAMES G FOGGO 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 CHAIRMAN 1.00 8000 0 0 KURT W TIDD 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 KRISTIE A KENNEY 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 STEVEN M SHEPRO 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 PATRICK J DONAHUE 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 NADJA Y WEST 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 ROBERT A GLECKLER 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 MICHAL POLIDOR 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 6000 0 0 JONATHAN AHLSTROM 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 6000 0 0 EDWARD V HOLTON 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 8000 0 0 ROBERT L MCCLURE 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 6000 0 0 TORKEL L PATTERSON 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 6000 0 0 TOBIAS SWITZER 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 2000 0 0 PATRICK MURPHY 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 DIRECTOR 1.00 2000 0 0 AMY W MACDONALD 80 EAST JEFFERSON STREET 300B FALLS CHURCH VA 22046 OFFICE ADMINISTRATOR 40.00 72000 3500 0 0 BANK OF AMERICA PRIVATE WEALTH MANAGEMENT 114 W 47TH STREET NEW YORK NY 10036 INVESTMENT MANAGEMENT 203770 0 ANNUAL MEETING, REUNION AND RECEPTION 79386 NEW SCHOLAR ORIENTATION 48251 SCHOLAR ASSEMBLIES 7064 0 43565185 633314 0 44198499 0 0 44198499 662977 43535522 2176776 2176776 21199 21199 2155577 0 2155577 0 2155577 2168478 0 2168478 2155577 75721 0 0 2168478 75721 0 0 2092757 0 0 0 0 0 0 0 0 62820 0 0 0 X AARON COLLETT C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL FAM TRIP EXP 2057 ADAM CRIBB C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 1, SPOUSE LANGUAGE EXP 12760 ALEXANDER HOLLAND C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, SPOUSE LANGUAGE EXP, FAM TRIP EXP 14936 ALEXANDER JEFFERIES C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 17393 ANDREW BLOOD C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL FAM TRIP EXP, GRANT YEAR 1 8267 ANDREW CATOIRE C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2 7000 BRANDON THOENNES C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 14097 BRENDAN HENNING C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 17267 CHRISTOPHER MANCHIGIAH C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL FAM TRIP EXP 1492 CHRISTOPHER MENCEL C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2, GRANT YEAR 2 11867 CLAUDIA VERDANT C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 2255 CURTIS CORDON C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 2 17498 DAVID ELSENBECK C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2 11500 ELLIOT COREY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 2 12397 ERIC EVERHART C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, TUITION YEAR 2, GRANT YEAR 2, SPOUSE LANGUAGE EXP 11664 FREDERICK BEEBE C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2 7000 FREDERICK WOLF C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SPOUSE LANGUAGE EXP 3327 GORDON SPAHR C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 12488 GREGORY BARTLETT C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 2171 JACLYN FRANC C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 14096 JAMES TALISSE C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 24043 JAMES WHITLER C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 1126 JANE MERCER C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, TUITION YEAR 2, GRANT YEAR 2 12226 JASON BLACK C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2, GRANT YEAR 2, SPOUSE LANGUAGE EXP 9588 JENNER YUHAS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 15928 JENNIFER WALTERS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 12237 JON-BERNARD PRO C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 6877 JULIAN HUTCHINS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 2 15099 KEVIN RINGELSTEIN C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SPOUSE LANGUAGE EXP 188 MARIE CARILLO C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL FAM TRIP EXP, GRANT YEAR 1 13230 MARK MCSHARRY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, SCHOLAR LANGUAGE EXP 14676 MASON MCLEAN C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, SPOUSE LANGUAGE EXP 11186 MATTHEW FRYER C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1 3377 MICHAEL O'KELLEY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SPOUSE LANGUAGE EXP 2913 MICHAEL SWEENEY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, SCHOLAR LANGUAGE EXP 2575 MYLES MCCARTHY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, SPOUSE LANGUAGE EXP, FAM TRIP EXP 24553 NATALIE RAMBISH C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 10183 NATHANIEL MATTHEWS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2 7000 NITIN PRASHAR C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1, FAM TRIP EXP 13921 PATRICK MCDONNELL C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, SPOUSE LANGUAGE EXP, FAM TRIP EXP 17306 QUINN HEYDT C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SPOUSE LANGUAGE EXP 2348 RANDALL ROOS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1 9500 REBECCA CLAIRE SMITH C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, GRANT YEAR 1 10702 RILEY HARSH C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SPOUSE LANGUAGE EXP 2365 ROBERT LENZEN C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, SPOUSE LANGUAGE EXP 12141 RORY YODER C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 753 ROYCE ASHTON WOODARD C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, SPOUSE LANGUAGE EXP, SCHOLAR LANGUAGE EXP 15163 RYAN FORTNEY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, TUITION YEAR 2, GRANT YEAR 2, SPOUSE LANGUAGE EXP 16080 RYAN MARTELLY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, TUITION YEAR 2, GRANT YEAR 2 19140 SAMUEL MOUER C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 9296 SARAH MCGUIRE C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 2 16579 SEAN KELLY C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 10554 SEAN MARGO C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 1, FAM TRIP EXP 14302 SHAKIR ROBINSON C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, TUITION YEAR 2, SCHOLAR LANGUAGE EXP 10055 SUNGKUYN CHANG C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2, TUITION YEAR 2 10398 THOMAS DANIELS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 124 TURNER BROWN C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL FAM TRIP EXP 2596 TYLER SINISGALLI C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 1, SCHOLAR LANGUAGE EXP 4931 WILLIAM DANN C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2 3106 ZACHARY LAMB C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL GRANT YEAR 2 11500 ZACHARY MATTHEWS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL TUITION YEAR 2, SPOUSE LANGUAGE EXP 2724 US MILITARY ACADEMY ASSOCIATION OF GRADUATES 698 MILLS ROAD WEST POINT NY 10996 NONE PUBLIC CHARITY UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE 95000 US NAVAL ACADEMY ALUMNI ASSOCIATION AND FOUNDATION 274 WOOD ROAD ANNAPOLIS MD 21402 NONE PUBLIC CHARITY UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE 95000 US AIR FORCE ACADEMY ASSOCIATION OF GRADUATES AND FOUNDATION 3116 ACADEMY DRIVE USAF ACADEMY CO 80840 NONE PUBLIC CHARITY UNDERGRADUATE OVERSEAS TRAVEL, STUDENT CONFERENCE 95000 US COAST GUARD ACADEMY 31 MOHEGAN AVENUE PKWY NEW LONDON CT 06320 NONE GOVERNMENT UNDERGRADUATE IMMERSION TRAVEL 16000 NORWICH UNIVERSITY 158 HARMON DRIVE NORTHFIELD VT 05663 NONE GOVERNMENT UNDERGRADUATE IMMERSION TRAVEL 16000 VIRGINIA MILITARY INSTITUTE FOUNDATION PO BOX 932 LEXINGTON VA 24450 NONE PUBLIC CHARITY UNDERGRADUATE IMMERSION TRAVEL 16000 VIRGINIA TECH FOUNDATION 902 PRICES FORK ROAD BLACKSBURG VA 24061 NONE PUBLIC CHARITY UNDERGRADUATE IMMERSION TRAVEL 16000 THE CITADEL FOUNDATION 171 MOULTRIE STREET CHARLESTON SC 29409 NONE PUBLIC CHARITY UNDERGRADUATE IMMERSION TRAVEL 16000 UNIVERSITY OF NORTH GEORGIA FOUNDATION 82 COLLEGE CIRCLE DAHLONEGA GA 30597 NONE PUBLIC CHARITY UNDERGRADUATE IMMERSION TRAVEL 21000 NORFOLK STATE UNIVERSITY 700 PARK AVENUE NORFOLK VA 23504 NONE GOVERNMENT UNDERGRADUATE IMMERSION TRAVEL 5000 THE SOCIETY OF THE CINCINNATI 2118 MASSACHUSETTS AVENUE NW WASHINGTON DC 20008 NONE PUBLIC CHARITY PUBLIC EDUCATION 15000 1010121 FUTURE YEAR SCHOLAR GRANTS C/O OLMSTED FOUNDATION 80 EAST JEFFERSON STREET SUITE 300B FALLS CHURCH VA 22046 NONE INDIVIDUAL SCHOLAR GRANTS TO BE PAID IN 2024, 2025 AND 2026 FOR 21 SCHOLARS 547806 547806 14 1259617 18 537358 OTHER REVENUE (LEGAL SETTLEMENT) 01 18593 0 1815568 0 1815568 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 23461 11731 11730 FIXED INCOME 8299967 8299967 MUTUAL FUNDS FMV 33015334 33015334 PRIVATE EQUITY FUNDS FMV 2840006 2840006 LEGAL 18461 3692 14769 SECURITY DEPOSITS 4421 4421 4421 RIGHT-OF-USE-ASSET 164341 100834 100834 OFFICE EXPENSES 26385 5277 16374 INSURANCE 9511 1902 7609 SCHOLAR ORIENTATION 48251 0 48251 REPAIRS & MAINTENANCE 13331 2666 10665 PROMOTIONS & PUBLICITY 21991 0 21991 SCHOLAR ASSEMBLIES 7064 0 7064 ANNUAL MEETING & RECEPTION 79386 0 79386 FURNITURE, COMPUTERS, ACCESSORIES 15047 0 15047 K-1 INCOME-NB PM FUND (CROSSROADS) 14419 K-1 INCOME-NB PM FUND (EXCELSIOR) 81889 OTHER REVENUE (LEGAL SETTLEMENT) 18593 18593 UNREALIZED GAIN ON INVESTMENTS PER FINANCIAL STATEMENTS 3871714 DEFERRED TAX LIABILITY 34652 88302 LEASE LIABILITY 170254 105907 INVESTMENT MANAGEMENT FEES 203770 220779 0 PAYROLL TAXES 47756 4776 42980 PROPERTY TAXES 256 51 205 EXCISE TAX 80054 0 0