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STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Jun. 29, 2012
Jun. 29, 2011
Interest received $ 2,697 $ 3,309
Cash paid for management fee (1,303) (857)
Cash paid for professional fees (26,117) (31,076)
Cash paid for printing, postage and other expenses (1,878) (2,730)
Net cash used in operating activities (26,601) (31,354)
Investments in Pemberwick Fund (2,463) (2,914)
Distributions received from local partnerships 3,750 58,532
Net cash provided by investing activities 1,287 55,618
Net increase (decrease) in cash and cash equivalents (25,314) 24,264
Cash and cash equivalents at beginning of period 405,951 205,400
CASH AND CASH EQUIVALENTS AT END OF PERIOD 380,637 229,664
Unrealized gain (loss) on investment in Pemberwick Fund 810 (2,374)
Unrealized loss on investment in bond   $ (3,253)