Cash Flows From Operating Activities

Increase in Net Assets

$ 2,190,152

Adjustments to Reconcile Increase of Net Assets to Net Cash Provided by Operating Activities

Depreciation

$ 3,130

Unrealized Net Gains on Investments

(1,548,065)

Realized Net Gain on Sale of Investments

(37,428)

Historical Collections

(96,301)

Decrease in Operating Liabilities

Accrued Public Programs

(15,000)

Total Adjustments

(1,693,664)

Net Cash Provided by Operating Activities

496,488

Cash Flows From Investing Activities

Purchase of Investments

(2,272,487)

Proceeds From Sale of Investments

1,764,683

Net Cash Used in Investing Activities

(507,804)

Net Decrease in Cash

(11,316)

Cash - Beginning of Year

189,417

Cash - End of Year

$ 178,101