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BALANCE SHEETS - USD ($)
Sep. 29, 2015
Mar. 30, 2015
Cash and liquid investments    
Cash and cash equivalents $ 17,121 $ 18,886
Investment in Pemberwick Fund, a short duration bond fund 343,826 363,917
Total cash and liquid investments 360,947 382,803
Investment in local partnerships 469,286 395,782
Total assets 830,233 778,585
Liabilities    
Accounts payable and accrued expenses 12,125 15,925
Payable to manager and affiliates 648,615 586,503
Total liabilities $ 660,740 $ 602,428
Commitments and contingencies
Owners' equity (deficit)    
Manager $ (162,201) $ (162,142)
Beneficial owners (18,654 units of beneficial ownership interest outstanding) 330,460 336,253
Accumulated other comprehensive income 1,234 2,046
Total equity (deficit) 169,493 176,157
Total liabilities & equity (deficit) $ 830,233 $ 778,585