| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES - SCHENCK | 2,500 | 1,250 | 1,250 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANHEUSER-BUSCH CO | 50,775 | 55,555 |
| BELLSOUTH CORP NT | 51,825 | 55,085 |
| BRISTOL MYERS SQUIBB | 55,051 | 56,374 |
| CAMPBELL SOUP CO | 60,225 | 59,914 |
| CATERPILLAR FINANCE SVS | 0 | 0 |
| CISCO SYSTEMS INC. SR NT | 54,784 | 56,851 |
| COCA COLA CO | 54,900 | 57,955 |
| COSTCO WHOLESALE CORP | 54,419 | 51,779 |
| HEWLETT PACKARD CO COM | 53,200 | 51,204 |
| IBM CORP NOTE | 52,112 | 52,848 |
| KELLOGG CO | 53,463 | 54,549 |
| MEDTRONIC INC SR | 55,353 | 55,526 |
| PROCTER & GAMBLE CO 4.950 | 26,026 | 27,987 |
| TARGET CORP NOTE | 50,515 | 53,156 |
| WALGREEN CO | 54,165 | 55,731 |
| GENERAL DYNAMICS | 53,573 | 53,355 |
| HOME DEPOT INC | 56,230 | 55,871 |
| MCDONALDS CORP MEDIUM TERM NT | 27,003 | 26,594 |
| PPG INDUSTRIES INC | 54,374 | 53,709 |
| PRAXAIR INC | 54,621 | 55,129 |
| UNITED TECHNOLOGIES CORP | 55,379 | 55,613 |
| AIRGAS INC | 49,467 | 50,856 |
| CONOCOPHILLIPS 4.75 | 54,271 | 54,557 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M COMPANY | 0 | 0 |
| ADOBE SYSTEMS INC | 53,507 | 48,590 |
| AON CORP COM | 50,709 | 60,790 |
| APACHE CORP | 66,956 | 75,021 |
| APPLE COMPUTER | 60,638 | 78,882 |
| AUTODESK INC. | 47,554 | 52,303 |
| BANK OF NEW YORK MELLON CORP COM | 41,446 | 35,740 |
| BECTON DICKINSON & CO COM | 0 | 0 |
| BEST BUY CO | 45,778 | 35,807 |
| CELGENE CORP COM | 48,188 | 50,066 |
| CISCO SYSTEMS INC. | 0 | 0 |
| COGNIZANT TECH SOLUTIONS CORP | 60,057 | 67,840 |
| CONOCOPHILLIPS COM | 0 | 0 |
| COSTCO WHOLESALE CORP | 55,632 | 68,242 |
| DANAHER CORP | 73,581 | 93,792 |
| ECOLAB INC | 63,079 | 75,549 |
| EMC CORP MASS COM | 72,397 | 101,660 |
| EMERSON ELEC CO COM | 54,370 | 61,312 |
| EXPEDITORS INTL WASH INC | 62,931 | 74,737 |
| EXXON MOBIL CORP COM | 44,544 | 52,083 |
| FASTENAL COM | 63,424 | 92,494 |
| FIRSERV INC | 39,637 | 46,659 |
| FORTUNE BRANDS INC | 0 | 0 |
| GENERAL MILLS | 47,062 | 49,130 |
| GOLDMAN SACHS FINANCIAL | 55,361 | 55,361 |
| HEWLETT PACKARD CO COM | 0 | 0 |
| ILLINOIS TOOL WORKS INC | 60,662 | 67,788 |
| INTERNATIONAL BUSINESS MACHS COM | 60,069 | 74,624 |
| JOHNSON & JOHNSON | 0 | 0 |
| KOHLS CORP | 56,736 | 51,510 |
| L-3 COMMUN HOLDINGS INC | 57,762 | 62,090 |
| LOWES COS INC | 53,015 | 49,883 |
| MCDONALDS CORP COM | 45,700 | 57,338 |
| MEDCO HEALTH SOLUTIONS | 52,980 | 47,194 |
| MICROSOFT CORP | 0 | 0 |
| NUCOR CORP | 41,586 | 35,037 |
| ORACLE CORP COM | 42,423 | 50,188 |
| PAYCHEX INC | 44,683 | 42,547 |
| PEPSICO INC | 59,129 | 66,204 |
| PRAXAIR INC COM | 42,815 | 51,485 |
| PROCTER & GAMBLE CO | 58,693 | 59,756 |
| QUALCOMM INC | 61,230 | 72,407 |
| SCHEIN HENRY INC. COM | 50,791 | 62,641 |
| SMITH INTL INC. | 0 | 0 |
| SOUTHWESTERN ENERGY CO COM | 35,464 | 36,234 |
| STRYKER CORP | 42,186 | 47,539 |
| T ROWE PRICE GROUP | 53,218 | 54,306 |
| THERMO FISHER SCIENTIFIC | 41,390 | 49,902 |
| TJX COMPANIES INC. COM NEW | 38,242 | 51,479 |
| UNION PAC CORPCOM | 43,408 | 53,244 |
| UNITED PARCEL SERVICES INC | 43,663 | 47,405 |
| VERIZON COMMUNICATIONS | 49,002 | 57,148 |
| WALGREEN CO | 68,246 | 75,154 |
| BEMIS INC COM | 34,376 | 37,834 |
| C H ROBINSON WORLDWIDE INC NEW COM | 27,588 | 31,142 |
| CHEVRON CORP COM | 52,457 | 66,846 |
| INTUIT INC COM | 27,542 | 29,819 |
| JPMORGAN CHASE & CO COM | 28,181 | 25,997 |
| JOY GLOBAL INC COM | 42,971 | 43,334 |
| MANPOWER INC COM | 28,935 | 22,801 |
| SCHLUMBERGER LTD COM | 36,428 | 47,866 |
| JOHNSON CONTROLS | 40,200 | 42,910 |
| MICROCHIP TECHNOLOGY INC COM | 54,965 | 64,068 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - GODFREY AND KAHN | 83 | 42 | 41 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 3,203 | 3,203 | 0 | |
| MANAGEMENT FEES | 12,643 | 12,643 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INTERNAL REVENUE SERVICE | 11,926 | 0 | 0 |