| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,000 | 1,000 | 1,000 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| NORTHERN FUNDS FIXED INCOME FD | 37,252 | 36,255 |
| NORTHERN HIGH YIELD FIXED INCOME FD | 16,382 | 17,387 |
| NORTHERN FDS ULTRA SHORT FIXED INCOME FD (NUSFX) | 3,463 | 3,457 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NORTHERN MULTI-MANAGER INTL EQUITY | AT COST | 22,156 | 29,634 |
| NORTHERN MULTI-MANAGER EMERGING MKTS | AT COST | 15,779 | 15,420 |
| NORTHERN MULTI-MANAGER LARGE CAP | AT COST | 21,164 | 33,333 |
| NORTHERN FUNDS SMALL CAP CORE FUND | AT COST | 1,349 | 1,763 |
| NORTHERN MULTI-MANAGER MID CAP FUND | AT COST | 5,246 | 5,782 |
| NORTHERN MULTI-MANAGER SMALL CAP FUND | AT COST | 1,570 | 1,783 |
| NORTHERN MULTI-MANAGER GLOBAL REAL ESTATE FD | AT COST | 7,298 | 6,836 |
| FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM INDEX FD | AT COST | 9,001 | 8,715 |
| SPDR GOLD TR | AT COST | 0 | 0 |
| PIMCO COMMODITY REALRETURN STRATEGY FD | AT COST | 0 | 0 |
| NORTHERN INTL EQUITY INDEX FUND | AT COST | 5,115 | 5,233 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDEND RECEIVABLE | 0 | 177 | 177 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHECK PRINTING CHARGE | 27 | 0 | 27 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NONDIVIDEND DISTRIBUTIONS | 11 | 11 | 11 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 465 | 465 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX | 115 | 0 | 0 | |
| FOREIGN TAX ON DIVIDENDS | 86 | 86 | 0 |