| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 825 | 0 | 825 |
| Category | Amount |
|---|---|
| N/A | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GOLDMAN SACHS TRUST HIGH YIELD FD INST SHS - 12333.81 SHS | 69,200 | 90,037 |
| VANGUARD FIXED INCOME SECS F INTR TRM CP PT - 7871.15 SHS | 71,065 | 78,082 |
| ISHARES BARCLAYS TIPS BOND FUND - 389 SHS | 38,735 | 41,825 |
| EATON VANCE MUT FDS TR FLT RT CL I - 4814.86 SHS | 42,130 | 43,141 |
| JPM CORE BOND FD - SEL FUND 3720 3.52% - 7615.93 SHS | 80,244 | 87,279 |
| JPM HIGH YIELD FD - SEL FUND 3580 6.12% - 10809.86 SHS | 83,200 | 88,100 |
| JPM CORE PLUS BOND FD - SEL FUND 3122 4.36% - 7019.12 SHS | 52,997 | 56,995 |
| DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 1522.66 SHS | 21,500 | 22,018 |
| JPM STR INC OPP FD FUND 3844 2.16% - 3039.51 SHS | 30,000 | 35,957 |
| JPM INTL CURRENCY INCOME FD INCOME FUND 1.45% - 3881.92 SHS | 42,080 | 43,672 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES - 35 SHS | 1,941 | 1,677 |
| AGREE REALTY CORP - 60 SHS | 1,139 | 1,571 |
| AIR PRODUCTS & CHEMICALS INC - 55 SHS | 3,774 | 5,002 |
| ALEXANDRIA REAL ESTATE EQUITIES INC - 25 SHS | 1,574 | 1,832 |
| AMERICAN EXPRESS CO - 135 SHS | 4,311 | 5,794 |
| BB & T CORP - 120 SHS | 2,678 | 3,155 |
| BANCORPSOUTH INC - 170 SHS | 2,904 | 2,712 |
| BECTON DICKINSON & CO - 45 SHS | 3,123 | 3,803 |
| BEMIS INC - 170 SHS | 4,854 | 5,552 |
| CMS ENERGY CORP - 225 SHS | 2,741 | 4,185 |
| CHUBB CORP - 65 SHS | 2,635 | 3,877 |
| CINCINNATI FINANCIAL CORP - 85 SHS | 1,957 | 2,694 |
| CITY NATIONAL CORP - 45 SHS | 1,642 | 2,761 |
| COCA-COLA CO - 70 SHS | 3,529 | 4,604 |
| DARDEN RESTAURANTS INC - 35 SHS | 1,152 | 1,625 |
| DEERE & CO - 35 SHS | 1,793 | 2,907 |
| E I DU PONT DE NEMOURS & CO - 115 SHS | 4,703 | 5,736 |
| EDISON INTERNATIONAL - 45 SHS | 1,618 | 1,737 |
| EMERSON ELECTRIC CO - 65 SHS | 2,260 | 3,716 |
| FASTENAL CO - 55 SHS | 2,373 | 3,295 |
| GAP INC - 270 SHS | 4,831 | 5,978 |
| GENERAL MILLS INC - 115 SHS | 3,421 | 4,093 |
| GENTEX CORP - 130 SHS | 2,519 | 3,843 |
| GENUINE PARTS CO - 80 SHS | 2,816 | 4,107 |
| W W GRAINGER INC - 25 SHS | 2,683 | 3,453 |
| HASBRO INC - 25 SHS | 778 | 1,180 |
| HOME DEPOT INC - 70 SHS | 1,730 | 2,454 |
| ILLINOIS TOOL WORKS INC - 65 SHS | 2,575 | 3,471 |
| INTEL CORP - 155 SHS | 2,907 | 3,260 |
| INTERNATIONAL BUSINESS MACHINES CORP - 25 SHS | 1,963 | 3,669 |
| JOHNSON & JOHNSON - 125 SHS | 6,335 | 7,731 |
| KIMBERLY-CLARK CORP - 0 SHS | 0 | 0 |
| LINCARE HOLDINGS INC - 165 SHS | 4,490 | 4,427 |
| MC DONALDS CORP - 55 SHS | 3,211 | 4,222 |
| MCGRAW-HILL COMPANIES INC - 75 SHS | 2,055 | 2,731 |
| MICROSOFT CORP - 175 SHS | 4,215 | 4,884 |
| NATIONAL HEALTH INVESTORS INC - 50 SHS | 1,554 | 2,251 |
| NIKE INC B - 35 SHS | 2,423 | 2,990 |
| NORFOLK SOUTHERN CORP - 40 SHS | 2,135 | 2,513 |
| NORTHEAST UTILITIES - 100 SHS | 2,201 | 3,188 |
| NORTHERN TRUST CORP - 110 SHS | 5,308 | 6,095 |
| NOVARTIS A G ADR - 100 SHS | 4,353 | 5,895 |
| OCCIDENTAL PETROLEUM CORP - 40 SHS | 1,844 | 3,924 |
| OLD REPUBLIC INTERNATIONAL CORP - 185 SHS | 1,786 | 2,522 |
| OMNICOM GROUP INC - 70 SHS | 2,342 | 3,206 |
| P G & E CORPORATION - 35 SHS | 1,314 | 1,674 |
| PPG INDUSTRIES INC - 60 SHS | 3,039 | 5,044 |
| PFIZER INC - 692 SHS | 11,687 | 12,117 |
| PROCTER & GAMBLE CO - 65 SHS | 3,750 | 4,181 |
| PUBLIC STORAGE - 25 SHS | 1,685 | 2,536 |
| T ROWE PRICE INTERNATIONAL FUNDS INC NEW ASIA FUND - 5706 SHS | 72,295 | 109,441 |
| SPDR S&P 500 ETF TRUST - 179 SHS | 21,269 | 22,509 |
| SHERWIN-WILLIAMS CO - 25 SHS | 1,677 | 2,094 |
| SNAP-ON INC - 80 SHS | 3,117 | 4,526 |
| SOUTHERN CO - 75 SHS | 2,599 | 2,867 |
| TJX COMPANIES INC - 70 SHS | 2,448 | 3,107 |
| TIFFANY & CO - 50 SHS | 1,407 | 3,114 |
| TUPPERWARE CORP - 70 SHS | 3,024 | 3,337 |
| UNITED TECHNOLOGIES CORP - 75 SHS | 4,045 | 5,904 |
| V F CORP - 45 SHS | 2,713 | 3,878 |
| WALMART STORES INC - 65 SHS | 865 | 3,505 |
| WILLIAMS COMPANIES INC - 165 SHS | 2,641 | 4,079 |
| ONEOK INC - 35 SHS | 1,086 | 1,941 |
| M & T BANK CORP - 60 SHS | 3,624 | 5,223 |
| REPUBLIC SERVICES INC - 95 SHS | 2,609 | 2,837 |
| ACADIA REALTY TRUST - 65 SHS | 1,103 | 1,186 |
| WELLS FARGO & CO - 470 SHS | 12,008 | 14,565 |
| CENTURYLINK INC - 100 SHS | 2,986 | 4,617 |
| HONEYWELL INTERNATIONAL INC - 95 SHS | 3,147 | 5,050 |
| TEEKAY CORPORATION - 135 SHS | 2,570 | 4,466 |
| VERIZON COMMUNICATIONS INC - 260 SHS | 7,209 | 9,303 |
| XCEL ENERGY INC - 52 SHS | 980 | 1,225 |
| T ROWE PRICE GROUP INC - 100 SHS | 4,265 | 6,454 |
| ISHARES COHEN & STEERS REALTY MAJORS INDEX FUND - 700 SHS | 34,491 | 46,004 |
| REGENCY CENTERS CORP - 100 SHS | 2,946 | 4,224 |
| DODGE & COX INTERNATIONAL STOCK - 1888.57 SHS | 40,000 | 67,441 |
| ISHARES RUSSELL MIDCAP INDEX FUND - 772 SHS | 52,330 | 78,551 |
| CHEVRON CORP - 150 SHS | 9,235 | 13,688 |
| MARATHON OIL CORP - 40 SHS | 1,210 | 1,481 |
| 3M CO - 65 SHS | 5,299 | 5,610 |
| YUM BRANDS INC - 80 SHS | 2,781 | 3,924 |
| J M SMUCKER CO - 75 SHS | 3,683 | 4,924 |
| ARBITRAGE FUNDS - I CL I - 3225.88 SHS | 42,130 | 41,259 |
| JPM US REAL ESTATE FD - SEL FUND 3037 - 1407.15 SHS | 21,065 | 21,923 |
| JPM MARKET EXPANSION INDEX FD - SEL FUND 3708 - 4296.4 SHS | 43,007 | 46,229 |
| VANGUARD MSCI EMERGING MARKETS ETF - 1922 SHS | 50,915 | 92,537 |
| AT&T INC - 195 SHS | 6,103 | 5,729 |
| SPECTRA ENERGY CORPORATION W/I - 85 SHS | 1,773 | 2,124 |
| EATON VANCE MUT FDS TR GLOBAL MACRO - I - 6169.78 SHS | 63,610 | 63,364 |
| PHILIP MORRIS INTERNATIONAL - 150 SHS | 2,938 | 8,780 |
| MORGAN STANLEY ARN SPX 4/14/11 - 25000 SHS | 24,500 | 27,376 |
| FRONTIER COMMUNICATIONS CORP - 63 SHS | 493 | 613 |
| DR PEPPER SNAPPLE GROUP INC - 45 SHS | 1,677 | 1,582 |
| LORILLARD INC - 35 SHS | 2,418 | 2,872 |
| EQT CORPORATION - 105 SHS | 3,732 | 4,708 |
| TIME WARNER CABLE INC - 70 SHS | 3,505 | 4,622 |
| TIME WARNER INC NEW - 128 SHS | 2,745 | 4,118 |
| COVIDIEN PLC - 25 SHS | 991 | 1,142 |
| TYCO ELECTRONICS LTD - 80 SHS | 2,020 | 2,832 |
| THREADNEEDLE ASIA PACIFIC FUND - R5 - 5184.53 SHS | 59,000 | 73,361 |
| HSBC 18M SPX MKT PLS NOTE 02/10/11 - 20000 SHS | 19,800 | 24,654 |
| HSBC ASIA BSKT MKT PLS NOTE 02/17/11 - 30000 SHS | 29,625 | 34,770 |
| COOPER INDUSTRIES PLC CL - A - 35 SHS | 1,121 | 2,040 |
| MERCK AND CO INC - 310 SHS | 10,418 | 11,172 |
| JPM RESEARCH MARKET NEUTRAL FD - SEL FUND - SEL - 2036.37 SHS | 31,971 | 31,442 |
| HSBC SPX BREN 01/14/11 - 30000 SHS | 29,700 | 34,218 |
| GS EAFE NOTE 01/24/11 - 40000 SHS | 39,660 | 40,141 |
| DB ASIA BREN 03/03/11 - 20000 SHS | 19,800 | 23,271 |
| GS CONT BUFF EQ NOTE SPX 08/25/11 - 20000 SHS | 19,750 | 22,688 |
| MS SPX CONT BUFF EQ NOTE 09/01/11 - 20000 SHS | 19,750 | 22,743 |
| BARC EAFE BREN 03/31/11 - 21000 SHS | 20,790 | 21,502 |
| HIGHBRIDGE DYNAMIC COMM STRG FD - 1362.55 SHS | 21,065 | 26,393 |
| CS SPX NOTE 05/02/11 - 40000 SHS | 39,680 | 42,448 |
| BARC COMMODITY CPN 5/9/11 CAPPED MKT PLUS NOTES - 22000 SHS | 21,780 | 23,507 |
| NEXTERA ENERGY INC - 25 SHS | 1,290 | 1,300 |
| XL GROUP PLC - 100 SHS | 1,996 | 2,182 |
| SG BREN EAFE 10/19/11 - 25000 SHS | 24,750 | 25,530 |
| GS BREN MID 11/23/11 - 40000 SHS | 39,600 | 41,811 |
| BARC BREN SPX 01/11/12 - 25000 SHS | 24,750 | 24,785 |
| BLACKROCK INC - 15 SHS | 2,502 | 2,859 |
| UNITED PARCEL SERVICE INC CL B - 40 SHS | 2,401 | 2,903 |
| EXXON MOBIL CORP - 120 SHS | 2,626 | 8,774 |
| METLIFE INC - 110 SHS | 3,459 | 4,888 |
| REGAL ENTERTAINMENT GROUP CL A - 225 SHS | 2,916 | 2,642 |
| CONOCOPHILLIPS - 180 SHS | 7,035 | 12,258 |
| SEASPAN CORPORATION SHS - 260 SHS | 1,680 | 3,229 |
| ONEBEACON INSURANCE GROUP LTD - 110 SHS | 1,322 | 1,668 |
| THE TRAVELERS COMPANIES INC. - 105 SHS | 4,353 | 5,850 |
| PEOPLE'S UNITED FINANCIAL INC - 115 SHS | 1,754 | 1,611 |
| CINEMARK HOLDINGS INC - 100 SHS | 1,772 | 1,724 |
| VALIDUS HOLDINGS LTD - 91 SHS | 2,222 | 2,786 |
| AMERICAN WATER WORKS CO INC - 50 SHS | 934 | 1,265 |
| MEAD JOHNSON NUTRITION CO CL A COM - 20 SHS | 673 | 1,245 |
| Description | Amount |
|---|---|
| ADJUSTMENTS TO CARRYING VALUE | 481 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADR DEPOSITORY FEE | 1 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL EXCISE TAX REFUND | 670 | 670 |
| Description | Amount |
|---|---|
| NONDIVIDEND DISTSRIBUTIONS / RETURN OF CAPITAL | 926 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ESTIMATE EXCISE TAX - CURRENT YEAR | 750 | 0 | 0 | |
| EXCISE TAX PAID - PRIOR YEAR | 13 | 0 | 0 | |
| FOREIGN TAX WITHHELD | 653 | 0 | 0 |