| Identifier | Return Reference | Explanation |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BELLSOUTH CORP NT - 5.200 - 09/15/2014 079860AG7 5000000.00% | 50,555 | 54,631 |
| CITIGROUP INC - 5.130 - 02/14/2011 172967DH1 5000000.00% | 50,026 | 50,246 |
| EMERSON ELECT - 5.0000 - 12/15/2014 291011AS3 5000000.00% | 49,121 | 55,431 |
| GE CO NT - 5.000 - 02/01/2013 369604AY9 5000000.00% | 49,649 | 53,538 |
| INTERNATIONAL BUSINESS MACHINES BOND DTD 4.75 11/29/2012 459200BA8 5000000.00% | 49,152 | 53,850 |
| LEHMAN BROTHERS HOLDINGS - 5.750 - 05/17/2013 52517PH61 5000000.00% | 49,273 | 11,563 |
| PITNEY BOWES INC MTN 4.875 8/15/14 72447WAU3 5000000.00% | 50,068 | 52,660 |
| WELLS FARGO COMPANY - 4.875 - 01/12/2011 949746NB3 5000000.00% | 49,615 | 50,038 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 140 shares of ABBOTT LABS ABT | 7,640 | 6,707 |
| 280 shares of ALTERA CORPORATION ALTR | 5,219 | 9,962 |
| 50 shares of AMAZON COM AMZN | 7,587 | 9,000 |
| 215 shares of AMERICAN EXPRESS CO AXP | 10,035 | 9,228 |
| 75 shares of APPLE INC. AAPL | 9,824 | 24,192 |
| 95 shares of BERKSHIRE HATHAWAY INC. CLASS B BRK-B | 7,326 | 7,610 |
| 130 shares of BHP BILLITON LIMITED BHP | 9,137 | 12,080 |
| 185 shares of CHEVRONTEXACO CORP CVX | 13,892 | 16,881 |
| 505 shares of CISCO SYSTEMS INC CSCO | 8,864 | 10,216 |
| 140 shares of CITRIX SYSTEMS INC CTXS | 6,782 | 9,577 |
| 80 shares of COLGATE-PALMOLIVE COMPANY CL | 6,415 | 6,430 |
| 130 shares of CONOCOPHILLIPS COP | 7,883 | 8,853 |
| 135 shares of COSTCO WHOLESALE CORP COST | 8,559 | 9,748 |
| 200 shares of COVIDIEN LTD COV | 10,163 | 9,132 |
| 105 shares of CUMMINS INC CMI | 5,365 | 11,551 |
| 410 shares of DANAHER CORP DHR | 12,470 | 19,340 |
| 265 shares of DOMINION RESOURCES INC D | 11,625 | 11,321 |
| 320 shares of DU PONT DE NEMOURS DD | 12,462 | 15,962 |
| 645 shares of EMC CORP-MASS EMC | 12,519 | 14,771 |
| 285 shares of EMERSON ELECTRIC CO. EMR | 12,440 | 16,293 |
| 295 shares of EXXON MOBIL CORP XOM | 18,580 | 21,570 |
| 140 shares of FEDEX CORPORATION COMMON STOCK FDX | 12,298 | 13,021 |
| 90 shares of FRANKLIN RES INC BEN | 9,943 | 10,009 |
| 1005 shares of GENERAL ELECTRIC CO GE | 22,957 | 18,381 |
| 25 shares of GOOGLE INC CL A GOOG | 10,810 | 14,849 |
| 55 shares of GRAINGER W W INC. GWW | 6,283 | 7,596 |
| 210 shares of H.J. HEINZ COMPANY HNZ | 9,833 | 10,387 |
| 130 shares of INTERNATIONAL BUSINESS MACHINES IBM | 16,724 | 19,079 |
| 500 shares of ISHARES BARCLAYS TIPS BOND FUND TIP | 52,564 | 53,760 |
| 100 shares of JOHNSON JOHNSON JNJ | 6,278 | 6,185 |
| 280 shares of JOHNSON CONTROLS INC. JCI | 8,109 | 10,696 |
| 425 shares of JP MORGAN CHASE CO JPM | 13,127 | 18,029 |
| 200 shares of JUNIPER NETWORKS JNPR | 6,731 | 7,384 |
| 245 shares of LOWES COMPANIES INC. LOW | 6,753 | 6,145 |
| 185 shares of MCKESSON CORP MCK | 11,311 | 13,020 |
| 180 shares of MEDCO HEALTH SOLUTIONS INC. MHS | 7,700 | 11,029 |
| 13626 shares of MFB NORTHERN FDS MULTI MNGR EMERGING MRKTS NMMEX | 207,830 | 313,136 |
| 4811 shares of MFB NORTHERN FDS MULTI MNGR GLOBAL REAL EST NMMGX | 59,167 | 85,539 |
| 445 shares of MICROSOFT CORPORATION MSFT | 11,886 | 12,420 |
| 185 shares of NATL OILWELL VARCO NOV | 8,605 | 12,441 |
| 185 shares of NIKE INC-CL B NKE | 12,569 | 15,803 |
| 90 shares of NOBLE ENERGY INC. NBL | 5,666 | 7,747 |
| 2471 shares of NORTHERN FDS SHORT INTERMEDIATE US GOVERNMENT FD NSIUX | 25,910 | 25,520 |
| 2985 shares of NORTHERN FUNDS FIXED INCOME FUND NOFIX | 30,249 | 30,238 |
| 48673 shares of NORTHERN MULTI-MANAGER INTL EQUITY FUND NMIEX | 447,108 | 483,807 |
| 8404 shares of NORTHERN MULTI-MANAGER MID CAP FUND NMMCX | 79,784 | 97,911 |
| 4757 shares of NORTHERN MULTI-MANAGER SMALL CAP FUND NMMSX | 38,944 | 48,946 |
| 22685 shares of NORTHERN MULTI-MANG HIGH YLD OPPORTUNITY NMHYX | 239,544 | 242,731 |
| 3367 shares of NORTHERN SMALL CAP GROWTH NSGRX | 48,725 | 49,095 |
| 190 shares of NOVARTIS AG ADR NVS | 10,372 | 11,201 |
| 250 shares of OMNICOM GROUP OMC | 11,397 | 11,450 |
| 555 shares of ORACLE CORP ORCL | 15,114 | 17,372 |
| 240 shares of PEPSICO INC PEP | 14,409 | 15,679 |
| 6500 shares of PIMCO COMMODITY REAL RETURN STRATEGY FUND PCRIX | 42,327 | 60,384 |
| 400 shares of PRINCIPAL FINANCIAL GROUP PFG | 11,974 | 13,024 |
| 240 shares of PROCTER GAMBLE CO PG | 13,843 | 15,439 |
| 105 shares of SALESFORCE.COM CRM | 10,471 | 13,860 |
| 135 shares of SIMON PPTY GROUP INC SPG | 12,489 | 13,431 |
| 615 shares of SPECTRA ENERGY CORP-W/I SE | 15,625 | 15,369 |
| 120 shares of STARWOOD HOTELS RESORTS HOT | 7,315 | 7,294 |
| 1247 shares of STREETTRACKS GOLD SHARES GLD | 139,947 | 172,984 |
| 280 shares of SUNCOR ENERGY INC SU | 9,833 | 10,721 |
| 140 shares of TEVA PHARMECEUTICAL SP ADR TEVA | 5,966 | 7,298 |
| 235 shares of TRAVELERS COMPANIES INC THE TRV | 12,645 | 13,092 |
| 110 shares of UNITED TECHNOLOGIES CORP UTX | 5,661 | 8,659 |
| 420 shares of UNITEDHEALTH GROUP INC. UNH | 13,517 | 15,166 |
| 460 shares of US BANCORP DEL NEW USB | 14,126 | 12,406 |
| 135 shares of WAL-MART STORES INC. WMT | 7,826 | 7,281 |
| 435 shares of WALT DISNEY HOLDINGS CO. DIS | 13,907 | 16,317 |
| 525 shares of WELLS FARGO CO. WFC | 14,321 | 16,270 |
| 160 shares of WHOLE FOODS MARKET, INC. WFMI | 6,489 | 8,094 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 14,567 | 14,567 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 11,404 | 11,404 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Estimated Tax for 2010 | 400 | 0 | 0 | 0 |