| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 6,250 | 2,083 | 4,167 |
| Person Name | Explanation |
|---|---|
| DOMINIC MONASTIERE | |
| JEROME YANTZ | |
| ROBERT SAROW | |
| ANDREA HALES | |
| LINDA HEEMSTRA | |
| RUTH JAFFE | |
| D BRIAN LAW | |
| CLIFFORD VAN DYKE | |
| VALERIE ROOF | |
| KATHY CZERWINSKI |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN EXPRESS TRAVEL | 75,050 | 77,403 |
| ASTRAZENECA PLC | 75,906 | 80,876 |
| BAY CITY COUNTRY CLUB | ||
| BEAR STEAMS COMPANIES | ||
| CITITGROUP, INC. | ||
| FPL GROUP CAPITAL, INC. | 50,432 | 51,534 |
| GENERAL ELECTRIC CAPITAL CORPORATION | 49,650 | 50,365 |
| JP MORGAN CHASE & CO. | 50,371 | 51,068 |
| HSBC FINANCE CORP | ||
| LEHMAN BROTHERS HOLDING | 50,790 | 11,563 |
| SBC COMMUNICATIONS, INC. | 50,755 | 52,638 |
| WAL MART STORES | 49,879 | 53,718 |
| WALGREEN CO NOTE | 50,700 | 54,612 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 36,134 | 33,537 |
| APPLE INC. | 18,342 | 32,256 |
| APPLIED MATERIALS INC. | 33,427 | 33,720 |
| AT&T INC. | 17,605 | 17,628 |
| BANK HAWAII CORP | 33,158 | 37,768 |
| BANK OF NEW YORK MELLON CORP. | ||
| CH ROBINSON WORLDWIDE INC. | ||
| CELGENE CORPORATION | 33,255 | 35,484 |
| CENTRYTEL INC. | ||
| CHEVRON CORPORATION | 13,202 | 36,500 |
| CHUBB CORP. | 29,970 | 29,820 |
| COCA COLA CO. | 36,330 | 39,462 |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP | 18,923 | 36,645 |
| CONOCOPHILLIPS | 26,718 | 47,670 |
| DANAHER CORP. | 37,720 | 37,736 |
| DEERE & CO | 22,933 | 41,525 |
| ENTERGY CORP | 27,082 | 28,332 |
| EXELON CORP. | 46,214 | 29,148 |
| EXXON MOBIL CORPORATION | 19,421 | 36,560 |
| GENERAL MILLS INC. | 27,545 | 35,590 |
| GENUINE PARTS CO. | 31,895 | 46,206 |
| GENZYME CORP. | ||
| GILEAD SCIENCES, INC. | 38,726 | 32,616 |
| GOOGLE, INC. | 24,377 | 29,699 |
| HEWLETT PACKARD CO. | 32,731 | 29,470 |
| INTEL CORP. | 25,454 | 27,339 |
| INTERNATIONAL BUSINESS MACHINES CORP | 21,568 | 36,690 |
| JOHNSON & JOHNSON | 14,434 | 18,555 |
| JOHNSON CONTROLS, INC. | 26,565 | 26,740 |
| JP MORGAN CHASE & CO. | 29,778 | 29,694 |
| KOHL'S CORPORATION | 30,426 | 32,604 |
| LOCKHEED MARTIN CORP | 22,265 | 20,973 |
| MCDONALDS CORP | 31,206 | 42,218 |
| METLIFE INC. | 48,509 | 39,996 |
| METROPCS COMMUNICATIONS, INC. | 16,237 | 16,419 |
| MICROCHIP TECH | ||
| MONSANTO CO | ||
| NEWMONT MINING CO. | 13,515 | 15,358 |
| NOBLE CORPORATION | 43,498 | 32,193 |
| NYSE EURONEXT | ||
| ORACLE CORPORATION | 27,573 | 40,690 |
| PPG INDUSTRIES, INC. | 22,094 | 33,628 |
| PROCTER & GAMBLE COMPANY | 20,129 | 32,165 |
| PRUDENTIAL FINANCIAL | 30,258 | 35,226 |
| SIMON PROPERTY GROUP, INC. | ||
| STATE STREET CORP. | 39,787 | 37,072 |
| TJX COS INC | ||
| TEVA PHARMACEUTICAL INDUSTRIES ADR | 16,680 | 31,278 |
| TRANSOCEAN, INC. | ||
| UNITED TECHNOLOGIES CORP. | 15,433 | 39,360 |
| WAL MART STORES INC. | 30,000 | 32,358 |
| WASTE MANAGEMENT INC | 34,494 | 40,557 |
| ALLEGIANT MID CAP VALUE | ||
| ASTON TAMRO SMALL CAP | 34,061 | 44,840 |
| BLACKROCK FUNDS EQUITY DIVIDEND INST | 154,425 | 172,622 |
| CAMBIAR OPPORTUNITY | ||
| DODGE & COX INTERNATIONAL STOCK | 50,503 | 42,365 |
| DODGE & COX STOCK FUND | ||
| FIDELITY DIVERSIFIED INTERNATIONAL | ||
| HARBOR INTERNATIONAL FUND 11 | 209,000 | 240,549 |
| HARDING LOEVNERS EMERGING MARKETS | 23,600 | 30,105 |
| ISHARES TR RUSSELL MCP GROWTH | ||
| ISHARES TR RUSSELL MIDCAP GROWTH | ||
| JP MORGAN US LARGE CAP CORE | 307,141 | 348,169 |
| LAZARD EMERGING MARKETS INST 638 | 90,000 | 118,008 |
| LOOMIS SAYLES SMALL CAP GROWTH | 44,907 | 56,543 |
| MASTERS SELECT INTERNATIONAL | 134,036 | 145,222 |
| OPPENHEIMER INTERN. GROWTH 829 | 170,000 | 171,599 |
| PENNSYLVANIA MUTUAL INV | 60,377 | 61,324 |
| PRUDENTIAL JENNISON FOCUS FUND | 156,350 | 171,326 |
| RS EMERGING MARKETS A | 26,000 | 32,187 |
| T ROWE PRICE GROWTH STOCK | 281,108 | 340,799 |
| T ROWE PRICE EMERGING MARKETS | 98,000 | 118,924 |
| T ROWE PRICE MID CAP GROWTH | 45,354 | 55,281 |
| T ROWE PRICE MID CAP VALUE | 50,522 | 57,452 |
| VANGUARD INTERNATIONAL EQUITY |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BARCLAYS BANK PLC STRUCTURED NOTE | AT COST | 65,878 | 63,245 |
| CREDI-SUISSE STRUCTURED NOTE | AT COST | 33,000 | 37,003 |
| JP MORGAN STRUCTURED NOTE | AT COST | 33,000 | 25,077 |
| CHEMICAL BANK-CERTIFICATE OF DEPOSIT | AT COST | 150,000 | 150,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK | 23,000 | 23,000 | 23,000 |
| INTEREST & DIVIDENDS RECEIVABLE | 3,727 | 8,302 | 8,302 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MICHIGAN ANNUAL REPORT FEE | 20 | 20 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LITIGATION SETTLEMENT | 824 | 824 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES MICHIGAN COUNCIL OF FOUNDAT | 1,400 | 900 | ||
| FIDUCIARY FEES | 14,082 | 14,082 | ||
| ADMINISTRATIVE | 2,013 | 2,013 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 1,950 | |||
| FOREIGN INCOME TAX | 41 | 41 |