| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 11,872 | 11,872 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A T & T INC | 433,132 | 459,150 |
| BLACKROCK CORE BOND TR | 292,569 | 241,600 |
| BRISTOL-MYERS SQUIBB COMPANY | 123,128 | 237,870 |
| CHEVRON TEXACO CORPORATION | 45,974 | 537,450 |
| COCA COLA COMPANY | 18,184 | 796,080 |
| DNP SELECT INCOME FUND IN | 650,091 | 551,000 |
| EXXON MOBILE CORP. | 83,699 | 1,682,600 |
| FIFTH THIRD BANCORP | 7,249 | 277,700 |
| FINANCIAL SECURITY ASSURANCE HLD | 200,005 | 188,800 |
| GABELLI EQUITY TRUST INC. | 142,688 | 89,610 |
| GENERAL ELECTRIC COMPANY | 376,165 | 200,500 |
| GREAT PLAINS ENERGY INC. | 338,276 | 260,260 |
| PFIZER, INC. | 41,749 | 365,580 |
| PROCTER AND GAMBLE COMPANY | 65,478 | 9,856,000 |
| US BANCORP DEL NEW | 531,566 | 581,460 |
| WELLS FARGO & COMPANY | 13,935 | 317,100 |
| EATON VANCE LTD DURATION | 100,000 | 159,800 |
| HANCOCK, JOHN PATRIOT | 200,429 | 209,425 |
| BANK OF AMERICA | 686,861 | 199,950 |
| CONSOLIDATED EDISON INC | 442,947 | 507,200 |
| REGIONS FINANCIAL | 234,649 | 58,080 |
| BLACKROCK PREFERRED & EQUITY TRUST | 200,007 | 96,960 |
| INTEGRYS ENERGY GROUP, INC. | 497,341 | 505,100 |
| PROGRESS ENERGY INC. | 539,515 | 553,680 |
| ROYCE VALUE TRUST | 670,450 | 389,429 |
| SOUTHERN COMPANY | 719,001 | 762,200 |
| DUKE ENERGY CORP. | 268,290 | 272,250 |
| PNC FINANCIAL SERVICES | 165,522 | 14,803 |
| TRI CONTINENTAL | 261,080 | 146,200 |
| GABELLI HEALTHCARE & WELLNESS TRUST | 6,090 | 261 |
| CINCINNATI FINANCIAL CORPORATION | 438,051 | 491,850 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKROCK MONEY MARKET | AT COST | 249,754 | 249,754 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSIT | 20 | 20 | 20 |
| CEMETARY PLOT | 1 | 1 | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,808 | 1,404 | 1,404 | |
| TELEPHONE | 1,650 | 825 | 825 | |
| OFFICE | 2,623 | 384 | 383 | |
| RENT | 8,100 | 4,050 | 4,050 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SECURITIES LITIGATION | 125 | 125 | 125 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES WITHHELD | 679 | 693 |
| FEDERAL EXCISE TAX PAYABLE | 0 | 7,654 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 14,181 | 0 | 0 | |
| FICA/UNEMPLOYMENT | 1,243 | 622 | 621 |