| Identifier | Return Reference | Explanation |
|---|---|---|
| PART VII-B, QUESTION 1A(4) | DAVID M. HEMPSTEAD, LISTED AS TRUSTEE, SECRETARY AND MEMBER, IS A PARTNER IN THE LAW FIRM OF BODMAN LLP, 1901 ST. ANTOINE STREET, 6TH FLOOR, DETROIT, MICHIGAN 48226, WHICH FIRM ACTS AS THE ATTORNEYS FOR WILLIAM C. FORD, JR. SCHOLARSHIP FUND. MR. HEMPSTEAD IS THE PERSON IN THE FIRM PRINCIPALLY CONCERNED WITH SUCH LEGAL SERVICES TO THE FUND, BUT OTHERS IN THE FIRM ALSO RENDER LEGAL SERVICES TO THE FUND UNDER HIS SUPERVISION. THE TIME SPENT BY MR. HEMPSTEAD STRICTLY IN THE LISTED OFFICIAL CAPACITIES CANNOT READILY BE SEPARATED FROM THAT SPENT IN PERFORMING THE LEGAL SERVICES REFERRED TO. IN 2010, WILLIAM C. FORD, JR. SCHOLARSHIP FUND PAID TO SAID ATTORNEYS $9,064 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200 UNITS 3M COMPANY | 17,142 | 17,260 |
| 75 UNITS ALCON INC | 0 | 0 |
| 100 UNITS ALLERGAN INC | 7,375 | 6,867 |
| 100 UNITS AMERICAN EXPRESS CR | 4,082 | 4,292 |
| 100 UNITS ANDARKO PETE CORP | 0 | 0 |
| 50 UNITS APPLE COMPUTER INC | 6,917 | 16,128 |
| 500 UNITS APPLIED MATERIALS INC | 0 | 0 |
| 225 UNITS ARCHER DANIELS MIDLAND CO | 0 | 0 |
| 200 UNITS BARRICK GOLD CORP | 10,954 | 10,636 |
| 150 UNITS BOEING CO | 0 | 0 |
| 300 UNITS BRISTOL MYERS SQUIBB CO | 7,030 | 7,944 |
| 300 UNITS CATERPILLAR INC | 15,579 | 28,098 |
| 100 UNITS CELGENE CORP | 4,585 | 5,914 |
| 150 UNITS CHURCH & DWIGHT CO INC | 10,426 | 10,353 |
| 300 UNITS CISCO SYSTEMS INC | 5,793 | 6,069 |
| 75 UNITS CITRIX SYS INC | 4,938 | 5,131 |
| 75 UNITS CLOROX CO | 0 | 0 |
| 50 UNITS COCA COLA CO | 2,656 | 3,289 |
| 100 UNITS CONOCOPHILLIPS | 0 | 0 |
| 400 UNITS CORNING INCORPORATED | 6,246 | 7,728 |
| 250 UNITS COSTCO WHOLESALE CORP | 14,682 | 18,053 |
| 100 UNITS CUMMINGS INC | 0 | 0 |
| 150 UNITS DEERE & CO | 9,253 | 12,458 |
| 200 UNITS DEVON ENERGY CORPORATION | 14,144 | 15,702 |
| 300 UNITS DIRECTV - CLASS A | 11,337 | 11,979 |
| 400 UNITS DISNEY WALT CO | 13,869 | 15,004 |
| 250 UNITS FEDEX CORP | 17,842 | 23,253 |
| 150 UNITS FMC TECHNOLOGIES INC | 6,156 | 13,337 |
| 100 UNITS FREEPORT-MCMORAN COPPER-B | 6,559 | 12,009 |
| 100 UNITS GILEAD SCIENCES INC | 3,872 | 3,624 |
| 200 UNITS GIVEN IMAGING LTD | 3,669 | 2,928 |
| 40 UNITS GOOGLE INC-CL A | 22,316 | 23,759 |
| 300 UNITS HESS CORP | 16,958 | 22,962 |
| 100 UNITS IBM CORP | 0 | 0 |
| 100 UNITS ITC HOLDINGS CORP | 5,555 | 6,198 |
| 50 UNITS JOHNSON & JOHNSON | 2,924 | 3,093 |
| 150 UNITS MCDONALDS CORP | 8,636 | 11,514 |
| 750 UNITS MOLYCORP, INC | 32,357 | 37,425 |
| 150 UNITS MONSANTO CO | 9,412 | 10,446 |
| 400 UNITS NATIONAL OILWELL VARCO | 21,195 | 26,900 |
| 500 UNITS ORACLE CORPORATION | 0 | 0 |
| 225 UNITS PEABODY ENERGY CORP | 8,081 | 14,396 |
| 125 UNITS PROCTER & GAMBLE CO | 0 | 0 |
| 250 UNITS REPUBLIC SERVICES INC | 7,252 | 7,465 |
| 100 UNITS STANLEY BLACK & DECKER INC | 0 | 0 |
| 200 UNITS UNION PACIFIC CORP | 14,106 | 18,532 |
| 300 UNITS US BANCORP | 7,604 | 8,091 |
| 155 UNITS VISA INC - CLASS A SHARES | 0 | 0 |
| 400 UNITS WEYERHAEUSER CO | 0 | 0 |
| 100 UNITS YUM! BRANDS INC. | 0 | 0 |
| 200 UNITS ANHEUSER-BUSCH INBEV SPN ADR | 8,538 | 11,418 |
| 200 UNITS BHP BILLITON LTD | 15,577 | 18,584 |
| 100 UNITS HSBC HLDG PLC SP ADR | 5,143 | 5,104 |
| 250 UNITS INTERBREW | 0 | 0 |
| 100 UNITS NESTLE SA REP RG SH ADR | 3,853 | 5,874 |
| 145 ROCHE HLDG LTD SPN ADR | 0 | 0 |
| 350 UNITS SCHLUMBERGER LTD | 20,678 | 29,225 |
| 150 UNITS TEVA PHARMACEUTICAL INDS LTD ADR | 7,360 | 7,820 |
| 150 UNITS VALE SA - SP ADR | 4,966 | 5,186 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 24977.148 UNITS CRM SMALL/MID CAP VALUE FUND | AT COST | 314,286 | 377,405 |
| 24169.337 UNITS PIMCO TOTAL RETURN FD INST CLASS | AT COST | 276,224 | 262,237 |
| 40337.845 UNITS MANNING & NAPIER WORLD OPPORTUNITIES A | AT COST | 323,096 | 347,309 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 9,064 | 4,532 | 4,532 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSE - ICIA | 208 | 208 | 0 | |
| INVESTMENT EXPENSE - RHB | 309 | 309 | 0 | |
| MANAGEMENT FEES - SCHOLARSHIP AMERICA | 9,700 | 0 | 9,700 | |
| FILING FEE | 20 | 10 | 10 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL EXCISE TAX REFUND | 870 | 0 | 870 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 139 | 139 | 0 | |
| FEDERAL EXCISE TAX | 21,047 | 0 | 0 |