| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE BANK OF AMERICA | 2,000 | 0 | 2,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 3M COMPANY MTN DTD 8/21/08 4.375% DUE 8/15/13 | AT COST | 54,088 | 50,577 |
| BANK OF AMERICA MONEY MARKET SAVINGS ACCOUNT | AT COST | 14,382 | 14,382 |
| BARCLAYS BANK PLC SR NT UNITED KINGDOM DTD 7/10/09 5.20% DUE 7/10/14 | AT COST | 54,125 | 52,628 |
| BERKSHIRE HATHAWAY FIN CORP GTD SR NT DTD 8/6/08 5.0% DUE 8/15/13 | AT COST | 54,193 | 50,671 |
| COLUMBIA ACORN FUND CLASS Z SHARES | AT COST | 10,000 | 11,209 |
| COLUMBIA DIVIDEND INCOME FUND CLASS Z SHARES | AT COST | 38,738 | 50,675 |
| COLUMBIA EMERGING MARKETS FUND CLASS Z SHARES | AT COST | 12,000 | 12,359 |
| COLUMBIA SELECT LARGE CAP GROWTH FUND CLASS Z SHARES | AT COST | 27,000 | 30,345 |
| EATON VANCE ATLANTA CAP SMID-CAP | AT COST | 10,062 | 12,854 |
| EGSHARES EMERGING MARKETS CONSUMER ETF | AT COST | 3,036 | 3,418 |
| GENERAL ELEC CAP COPR MTN SER A DTD 6/7/02 6.0% DUE 6/15/12 | AT COST | 0 | 0 |
| HARBOR INTERNATIONAL FUND INSTL CL | AT COST | 5,000 | 5,410 |
| ISHARES CORE S&P MID CAP ETF | AT COST | 5,066 | 5,788 |
| ISHARES IBOXX $ HIGH YIELD CORP BD FUND | AT COST | 49,860 | 52,718 |
| ISHARES INC MSCI AUSTRALIA INDEX | AT COST | 5,225 | 6,604 |
| ISHARES INC MSCI CDA INDEX | AT COST | 5,282 | 5,464 |
| ISHARES RUSSELL 2000 INDEX FUND | AT COST | 4,977 | 5,646 |
| ISHARES S&P EMERGING MKTS INFRA INDEX FUND | AT COST | 1,967 | 2,161 |
| METRO WEST T/R BD CL I | AT COST | 0 | 0 |
| NATIXIS FDS TR II ASG GLOBAL ALTERNATIVES FUND CL Y | AT COST | 0 | 0 |
| PERMANENT PORTFOLIO | AT COST | 10,837 | 11,482 |
| PIMCO ALL ASSET ALL AUTH FUND INSTL CL | AT COST | 25,000 | 25,341 |
| PIMCO COMMODITY REAL RETURN STRATEGY FUND | AT COST | 24,364 | 19,400 |
| SHELL INTL FIN B V SR UNSECD NT NETHERLANDS DTD 3/23/09 4.0% DUE 3/21/14 | AT COST | 53,474 | 51,618 |
| TCW SELECT EQUTIES FUND CL 1 | AT COST | 20,000 | 20,701 |
| VANGUARD FTSE EMERGING MKTS ETF | AT COST | 15,383 | 15,972 |
| VANGUARD GLOBAL EX-U.S. REAL ESTTAE ETF | AT COST | 10,008 | 12,265 |
| VANGUARD MSCI EAFE ETF FUND | AT COST | 17,919 | 18,782 |
| WAL-MART STORES INC NT DTD 4/29/03 4.550% DUE 5/1/13 | AT COST | 53,669 | 50,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 250 | 0 | 250 |
| Description | Amount |
|---|---|
| NET ROUNDING DIFFERENCE | 4 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WA STATE FILING FEES | 25 | 0 | 25 | |
| OFFICE INSURANCE | 500 | 0 | 500 | |
| PHONE & INTERNET | 1,562 | 0 | 1,562 | |
| OFFICE EXPENSE | 826 | 0 | 826 | |
| OFFICE SCANNER | 449 | 0 | 449 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 3,588 | 3,588 | 0 |
| Name | Address |
|---|---|
|
THORNE CHARITABLE LEAD TRUST |
PO BOX 831041 DALLAS,TX752831041 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL ESTIMATES - INCOME | 579 | 0 | 0 | |
| FOREIGN TAXES - QUALIFIED | 66 | 66 | 0 | |
| FOREIGN TAXES - NONQUALIFIED | 31 | 31 | 0 |