| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 6,270 | 3,135 | 3,135 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA - 4.875% | 100,312 | 104,633 |
| GENWORTH GLOBAL FNDY - 5.2% | 0 | 0 |
| JP MORGAN CHASE - 4.6% | 0 | 0 |
| BERKSHIRE HATHAWAY 4.85% | 102,545 | 110,888 |
| EMERSON ELECTRIC 5% | 100,944 | 112,166 |
| GENERAL ELECTRIC 4.8% | 99,877 | 106,654 |
| WYERTH 5.5% | 102,813 | 114,411 |
| STERLING SAVINGS CD 4.1% | 0 | 0 |
| AMERICAN EXPRESS - 6.15% | 49,786 | 57,475 |
| BARCLAYS BANK - 5.2% | 101,276 | 109,405 |
| BOEING - 4.7% | 100,375 | 108,971 |
| BURLINGTON NORTHERN - 4.7% | 50,081 | 53,369 |
| CATERPILLAR FINANCIAL - 4% | 51,313 | 52,221 |
| CISCO - 4.45% | 99,588 | 104,363 |
| COCA COLA - 4.875% | 51,816 | 55,547 |
| JOHN DEERE CAP CORP - 4.85% | 51,006 | 54,859 |
| DOMINION - 5.2% | 51,239 | 55,001 |
| FLORIDA POWER - 4.55% | 99,557 | 106,659 |
| HEWLETT PACKARD - 5.5% | 82,129 | 89,995 |
| KELLOGG CO - 4.45% | 50,980 | 54,793 |
| PEPSICO - 4.5% | 50,665 | 53,499 |
| PFIZER - 4.65% | 51,474 | 54,144 |
| PROCTOR & GAMBLE - 4.7% | 51,978 | 55,369 |
| WELLS FARGO - 3.75% | 101,372 | 106,191 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 0 | 0 |
| CISCO SYSTEMS, INC. | 0 | 0 |
| GENERAL ELECTRIC CO | 0 | 0 |
| INTEL CORP | 84,984 | 99,044 |
| JOHNSON & JOHNSON | 0 | 0 |
| MEDCOHEALTH SOLUTIONS INC. | 0 | 0 |
| MICROSOFT CORP. | 0 | 0 |
| 3M CO. | 0 | 0 |
| ORACLE CORPORATION | 65,466 | 116,348 |
| CRM MID CAP VALUE FD INSTL CL | 246,228 | 272,308 |
| DODGE & COX INTERNATIONAL | 258,022 | 251,066 |
| FORWARD INTL SMALL CO | 86,553 | 92,324 |
| ISHARES RUSSELL 2000 GROWTH FD | 151,725 | 203,490 |
| ISHARES RUSSELL 2000 VALUE FD | 249,978 | 255,459 |
| JP MORGAN SMALL CAP EQUITY FD | 112,832 | 150,878 |
| ARTIO INTL EQUITY I | 136,718 | 106,465 |
| TWEEDY BROWNE GLOBAL VALUE | 257,437 | 247,249 |
| WILLIAM BLAIR INTL GROWTH | 228,932 | 209,511 |
| EMC CORPORATION | 87,540 | 130,962 |
| ENERGIZER HOLDINGS | 95,176 | 115,575 |
| MURPHY OIL CORPORATION | 78,894 | 89,557 |
| RALCORP HOLDINGS | 66,403 | 96,734 |
| COHEN & STEERS INTERNATIONAL RLTY | 55,487 | 42,981 |
| ALLERGAN | 64,643 | 115,822 |
| BIOGEN IDEC INC | 55,383 | 108,940 |
| DANAHER CORP | 104,816 | 147,231 |
| EMERSON ELECTRIC CORP | 0 | 0 |
| GOOGLE INC | 99,683 | 105,804 |
| INGERSOL RAND COMPANY | 73,340 | 99,800 |
| SYSCO CORP | 0 | 0 |
| UNITED HEALTH GROUP INCORPORATE | 66,929 | 117,480 |
| VF CORP | 0 | 0 |
| WALGREEN CO | 49,127 | 69,808 |
| BEST BUY | 0 | 0 |
| CHICOS FAS INC | 0 | 0 |
| EBAY INC | 53,853 | 74,808 |
| FACTSET RESEARCH SYSTEMS INC | 82,902 | 133,032 |
| GILEAD SCIENCES INC | 115,678 | 118,959 |
| LEGG MASON INC | 91,214 | 94,752 |
| MASTERCARD INC | 99,120 | 129,173 |
| MAXIM INTEGRATED PRODUCTS INC | 79,321 | 117,175 |
| MCKESSON CORP | 0 | 0 |
| MOTOROLA INC | 0 | 0 |
| NEWELL RUBBERMAID INC | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP INC | 52,342 | 65,667 |
| STATE STREET CORP | 0 | 0 |
| VARIAN MEDICAL SYSTEMS | 55,897 | 74,294 |
| CARNIVAL CORPORATION | 97,577 | 104,787 |
| CBS CORPORATION | 70,075 | 69,875 |
| CITRIX SYSTEMS INC | 59,447 | 113,906 |
| CORNING INC | 97,524 | 92,690 |
| HANSEN NATURAL CORPORATION | 63,791 | 100,310 |
| HASBRO INC | 61,385 | 59,462 |
| HERBALIFE LTD | 48,201 | 95,676 |
| JABIL CIRCUIT INC | 91,770 | 123,006 |
| JACOBS ENGINEERING GROUP INC | 100,542 | 94,423 |
| NVIDA CORP | 67,124 | 70,140 |
| QUALCOMM INC | 104,049 | 140,616 |
| SCHLUMBERGER LTD | 68,856 | 68,576 |
| TRIMBLE NAVIGATION LTD | 37,648 | 54,613 |
| ULTRA PETROLEUM CORPORATION | 96,957 | 97,240 |
| AQR MANAGED FUTURES STRATEGY | 102,481 | 109,192 |
| DODGE & COX STOCK | 75,749 | 92,734 |
| HARRIS ASSOC OAKMARK INTL SM CAP | 40,264 | 49,812 |
| ISHARES MSCI EAFE INDEX | 100,104 | 102,089 |
| MERIDIAN GROWTH | 75,145 | 96,582 |
| TOUCHSTONE FUNDS GRP EMERG MKTS | 30,101 | 29,743 |
| VANGUARD SHT TERM INV GRADE | 30,764 | 30,654 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNRELATED BUSINESS INCOME TAX RECEIVABLE | 2,569 | 0 | 0 |
| ACCRUED INTEREST RECEIVABLE | 26,485 | 21,936 | 21,936 |
| FEDERAL EXCISE TAX RECEIVABLE | 0 | 3,518 | 3,518 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT CUSTODY FEES | 32,825 | 32,825 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED PAYROLL TAXES | 1,347 | 1,305 |
| EXCISE TAX PAYABLE | 7,708 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 11,774 | 0 | 0 | |
| PAYROLL TAXES | 681 | 340 | 341 |