| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1,000 SHARES ABBOTT LABORATORIES | 46,081 | 47,910 |
| 2,000 SHARES ALLSTATE CORP. | 80,570 | 63,760 |
| 2,200 SHARES AMERICAN EXPRESS CO. | 82,030 | 94,424 |
| 193 SHARES AMERICAN INTERNATIONAL GROUP | 124,116 | 11,121 |
| 2,000 SHARES AMGEN | 150,730 | 109,800 |
| 121 SHARES AOL | 7,282 | 2,869 |
| 1,210 SHARES APACHE CORP. | 26,625 | 144,268 |
| 5,000 SHARES APPLIED MATERIALS, INC. | 161,325 | 70,250 |
| 700 SHS AT&T | 19,530 | 20,566 |
| 1,000 SHARES BHP BILLITON LIMITED | 64,441 | 92,920 |
| 4,019 SHARES BANK OF AMERICA CORP. | 158,997 | 53,613 |
| 1,000 SHARES BOEING | 48,087 | 65,260 |
| 800 SHARES CATERPILLAR | 47,152 | 74,928 |
| 3,600 SHARES CISCO SYSTEMS | 83,419 | 72,828 |
| 3,000 SHARES CITIGROUP, INC. | 93,202 | 14,190 |
| 3,000 SHARES CONSTELLATION BRANDS CL A | 46,921 | 66,450 |
| 700 SHARES DISNEY | 14,163 | 26,257 |
| 14,217.025 SHARES DODGE AND COX INTERNATIONAL | 570,891 | 507,690 |
| 2,300 SHARES DOW CHEMICAL COMPANY | 98,744 | 78,522 |
| 1,700 SHARES DUKE REALTY CORP | 40,672 | 21,182 |
| 3,000 SHARES EMC CORP. | 83,495 | 68,700 |
| 1,800 SHARES EXXON MOBIL CORP. | 58,441 | 131,616 |
| 20,299.452 SHARES FEDERATED ADJUSTABLE RATE SEC | 200,000 | 199,138 |
| 1,200 SHARES FEDEX CORP | 87,418 | 111,612 |
| 3,940 SHARES FIRST INDUSTRIAL REALTY TRUST | 54,316 | 34,514 |
| 500 SHARES FORTUNE BRANDS | 41,362 | 30,125 |
| 96 SHARES FRONTIER COMMUNICATIONS | 744 | 934 |
| 2,500 SHARES GENERAL ELECTRIC | 84,168 | 45,725 |
| 1,400 SHARES HOME DEPOT | 49,582 | 49,084 |
| 1,300 SHARES HOSPITALITY PTYS TRUST | 38,500 | 29,952 |
| 1,000 SHARES INGERSOLL RAND COMPANY | 47,312 | 47,090 |
| 1,400 SHARES ISHARES TRUST CHINA 25 | 0 | 0 |
| 7,555 SHARES ISHARES MSCI EMERGING MARKETS FD | 284,262 | 359,935 |
| 2,535 SHARES ISHARES TRUST S&P SMALL CAP 600 | 155,576 | 173,571 |
| 4,500 SHARES INTEL CORP. | 105,359 | 94,635 |
| 300 SHARES INTERNATIONAL BUSINESS MACHINES | 25,226 | 44,028 |
| 4,475 SHARES ISTAR FINANCIAL INC. | 45,712 | 34,995 |
| 2,000 SHARES J.P. MORGAN CHASE & CO. | 95,855 | 84,840 |
| 300 SHARES JOHNSON & JOHNSON | 15,325 | 18,555 |
| 1,000 SHARES L3 COMM HOLDINGS INC | 70,600 | 70,490 |
| 1,000 SHARES MACK CALI REALTY CORP | 39,761 | 33,060 |
| 1,958.196 SHARES MATHEWS INDIA FUND | 17,800 | 42,082 |
| 1,500 SHARES NABORS INDUSTIRES | 46,052 | 35,190 |
| 2,000 SHARES NETAPP INC | 31,700 | 109,920 |
| 47 SHARES NORTEL NETWORKS | 0 | 1 |
| 4,500 SHARES ORACLE CORP. | 134,686 | 140,850 |
| 1,400 SHARES PAYCHEX | 44,882 | 43,274 |
| 1,300 SHARES PEPSICO | 71,728 | 84,929 |
| 6,940 SHARES PFIZER, INC. | 0 | 0 |
| 1,250 SHARES PLUM CREEK TIMBER CO. | 40,276 | 46,813 |
| 800 SHARES PRAXAIR INC. | 33,874 | 76,376 |
| 3,500 SHARES PROCTOR & GAMBLE CO. | 119,166 | 225,155 |
| 1,380.00 REALTY INCOME CORP | 35,216 | 47,196 |
| 19,851.131 SHARES RIDGEWORTH US GOV SEC ULTRA SHORT | 200,000 | 199,901 |
| 414 SHARES SIMON PROPERTY GROUP | 33,050 | 41,189 |
| 14,286.738 SHARES SYMONS SMALL CAP INST FD | 106,000 | 149,868 |
| 1,800 SHARES TARGET CORP. | 59,124 | 108,234 |
| 1,000 SHARES TEVA PHARM INDS LTD. | 57,717 | 52,130 |
| 1,333 SHARES TIME WARNER INC NEW | 103,707 | 42,883 |
| 334 SHARES TIME WARNER CABLE | 36,569 | 22,054 |
| 3,100 SHARES ULTRA PETROLEUM | 16,873 | 148,087 |
| 500 SHARES UNION PACIFIC CORP | 23,524 | 46,330 |
| 400 SHARES VERIZON | 11,637 | 14,312 |
| 441 SHARES VORNADO REALTY TRUST | 39,617 | 36,749 |
| 2,000 SHARES WALGREEN CO | 79,038 | 77,920 |
| 1,100 SHARES WASHINGTON REAL ESTATE INVEST TRUST | 32,788 | 34,089 |
| 2,000 WEATHERFORD INTERNATIONAL LTD | 42,255 | 45,600 |
| 2,597 SHARES WELLS FARGO & CO NEW | 77,404 | 80,481 |
| 3,000 SHARES XILINX, INC. | 132,826 | 86,940 |
| 1,036 SHARES ZIMMER HOLDINGS, INC. | 32,044 | 55,612 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 97M DISCOVER BANK CD (5.35%) | AT COST | 0 | 0 |
| 97M WESTERN BANK PUERTO RICO (5.05%) | AT COST | 0 | 0 |
| 97M DISCOVER BANK CD (5.06%) | AT COST | 0 | 0 |
| 97M MIDDLETON COMMUNITY BANK | AT COST | 0 | 0 |
| 97M CRESCENT BANK (5.100%) | AT COST | 0 | 0 |
| 100K BANK OF AMERICA 1.7% 11/14/11 | AT COST | 100,000 | 100,917 |
| 100K DISCOVER BANK 1.3% 5/12/11 | AT COST | 100,000 | 100,281 |
| 100K GE MONEY BANK 1.3% 5/13/11 | AT COST | 100,000 | 100,279 |
| 100K FIRST UNITED BANK 1% 4/18/11 | AT COST | 100,000 | 100,147 |
| 100K BEAL BANK .45% 10/06/10 | AT COST | 0 | 0 |
| 100K FIRST TRUST BANK .45% 10/06/11 | AT COST | 100,000 | 100,000 |
| 100K CATHAY BANK 1% 4/13/10 | AT COST | 100,000 | 100,139 |
| 100K ALLY BANK .75% | AT COST | 100,000 | 99,983 |
| 100K ALLY BANK 1.0% | AT COST | 100,000 | 100,205 |
| 100K FIRST COMMERCIAL 1.1% 07/21/11 | AT COST | 100,000 | 100,321 |
| 100K BMW BANK 1% | AT COST | 100,000 | 99,623 |
| 100K BMW BANK .8% | AT COST | 100,000 | 99,630 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ASSOCIATION OF SMALL FOUNDATIONS (MEMBERSHIP FEE) | 495 | 0 | 495 | |
| PHILADELPHIA INS. CO. (D&O INSURANCE PREUMIUM) | 1,257 | 0 | 1,257 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REFUND OF 2009 FEDERAL TAX ON NET INVESTMENT INCOME | 1,329 | 1,329 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID TEVA | 50 | 0 | 0 |