| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC. | 14,988 | 16,952 |
| ALLIANCEBERNSTEIN REIT INSTL F | 498,440 | 512,526 |
| ALTRIA GROUP INC | 34,028 | 36,816 |
| AMEREN CORPORATION | 22,879 | 23,540 |
| ANHEUSER BUSCH COS INC | 11,603 | 12,456 |
| APPLE INC. | 15,528 | 17,392 |
| ASTRAZENECA | 32,464 | 38,234 |
| AT&T CORP COM | 23,591 | 24,331 |
| AUTOMATIC DATA PROCESSING INC. | 13,426 | 14,786 |
| BAE SYSTEMS PLC SP/AR | 31,686 | 32,981 |
| BASF AG SPONS ADR | 27,192 | 29,642 |
| BCE INC | 37,114 | 37,143 |
| BERNSTEIN EMERGING MARKETS | 204,325 | 175,790 |
| BERNSTEIN INTERMEDIATE DURATIO | 237,635 | 228,857 |
| BHP BILLITON LIMITED | 14,698 | 14,731 |
| BRITISH AMERICAN TOBACCO PLC | 13,428 | 13,857 |
| CENTRICA PLC S | 22,273 | 21,951 |
| CENTURY LINK INC | 27,913 | 27,168 |
| CME GROUP, INC | 22,559 | 22,283 |
| COMCAST CORP | 12,564 | 13,767 |
| COMMONWEALTH BK AUS-SP | 11,293 | 11,256 |
| COMPASS GROUP PLC | 10,662 | 12,388 |
| CONOCOPHILLIPS | 19,836 | 19,287 |
| CORR CP OF AM | 20,718 | 18,665 |
| DAIMLERCHRYSLER AG | 27,173 | 29,466 |
| DEERE CO | 10,058 | 11,142 |
| DEUTSCHE POST AG | 11,430 | 12,698 |
| DEUTSCHE TELE AG ADS | 34,649 | 37,074 |
| DIAGEO PLC ADS | 9,952 | 10,594 |
| DIAMOND OFFSHORE DRL | 22,707 | 20,605 |
| DOMINION RESOURCES INC | 10,517 | 10,868 |
| DOW CHEMICAL PV | 17,325 | 18,826 |
| DU PONT DE NEMOURS | 11,351 | 12,539 |
| DUKE ENERGY CO | 34,326 | 34,505 |
| ELECTRICITE FR UNSP | 29,273 | 29,484 |
| EMERSON ELECTRIC CO. | 15,644 | 16,843 |
| EPOCH INTERNATIONAL SMALL CAP | 252,184 | 319,334 |
| GALLAGHER ARTHUR J & CO. | 12,040 | 12,296 |
| GLAXOSMITHKLINE PLC | 29,340 | 31,126 |
| HEALTH CARE REIT INC. | 33,545 | 28,339 |
| HONEYWELL INTERNATIONAL INC. | 12,007 | 12,792 |
| IMPERIAL TOBACCO GRO | 34,028 | 36,790 |
| INTEGRYS ENERGY GROUP | 13,393 | 13,004 |
| JOHNSON & JOHNSON | 11,625 | 11,724 |
| KIMBERLY CLARK CORP | 18,302 | 19,534 |
| KLA TENCOR CORP | 17,128 | 17,598 |
| LOCKHEED MARTIN CORP | 26,962 | 31,665 |
| LORILLARD INC COMMON STOCK | 31,218 | 33,601 |
| MAINSTAY EPOCH GLOBAL CHOICE I | 417,480 | 500,832 |
| MAINSTAY EPOCH GLOBAL EQUITY Y | 468,002 | 555,446 |
| MATTELL INC. | 21,562 | 23,695 |
| MCDONALD'S CORP | 13,010 | 13,293 |
| MERCK & CO INC. | 14,093 | 15,015 |
| MICROCHIP TECHNOLOGY INC. | 14,173 | 15,931 |
| MICROSOFT CORPORATION | 11,775 | 12,682 |
| MUENCHENER RUECKVERS | 21,632 | 24,464 |
| NATIONAL GRID TRANSCO PLC | 32,828 | 35,730 |
| NESTLE S.A. | 11,505 | 12,437 |
| NOVARTIS AG | 20,011 | 21,783 |
| ORKLA ASA SPON | 17,020 | 17,461 |
| PEARSON PLC | 21,086 | 22,534 |
| PEPSICO INC | 10,894 | 11,031 |
| PHILIP MORRIS INTL | 26,056 | 26,400 |
| PHILIPPINE LONG DISTANCE | 12,424 | 11,415 |
| POTASH CORPORATION OF SASKATCH | 14,901 | 15,425 |
| PPL CORPORATION | 29,384 | 29,759 |
| R R DONNELLEY & SONS CO | 17,056 | 20,381 |
| REGAL ENTERTAINMENT | 16,224 | 16,708 |
| REYNOLDS AMERICAN INC | 33,975 | 33,543 |
| ROCHE HOLDING LTD | 14,703 | 15,374 |
| ROGERS COMM CL B | 18,266 | 18,643 |
| ROYAL DUTCH SHELL PLC | 29,387 | 31,786 |
| SANOFI-AVENTIS SPONSORED | 16,058 | 17,430 |
| SCOTTISH & SOUTHERN ENERGY | 30,173 | 30,066 |
| SEVERN TRENT PLC | 13,766 | 13,693 |
| SHAW COMMUNICATIONS INC | 18,944 | 19,472 |
| SOUTHERN CO | 25,829 | 25,899 |
| SPDR S&P 500 ETF TRUST | 10,990 | 11,820 |
| STATOIL ASA ADS | 14,924 | 15,685 |
| SVENSKA HANDELSBK UNS | 10,373 | 11,822 |
| SWISSCOM AG S | 35,931 | 38,028 |
| TECO ENERGY INC. | 23,409 | 23,929 |
| TELSTRA CORPORATION | 28,569 | 28,269 |
| TERNA RETE ELETTRICA | 32,647 | 34,093 |
| TIME WARNER INC. | 12,406 | 12,689 |
| TOTAL FINA ELF S.A. | 37,273 | 37,987 |
| UNITED UTILITS S | 26,833 | 26,762 |
| VERIZON COMMUNICATIONS | 22,936 | 24,029 |
| VINCI SA | 31,321 | 32,871 |
| VIVENDI SA | 22,062 | 22,784 |
| VODAFONE GROUP PLC | 39,096 | 42,887 |
| WASTE MANAGEMENT INC. | 11,313 | 12,115 |
| WELLS FARGO & CO. | 14,857 | 15,890 |
| WESTPAC BANKING CP | 15,707 | 14,322 |
| WM MORRISON UNSPON | 10,909 | 10,585 |
| YARA INTERNATIONAL ASA | 25,982 | 27,089 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FM FIFTH AVENUE FUND, LTD. | 250,000 | 255,458 | |
| PHOENIX CAPITAL REALTY FUND V, | 254,979 | 273,664 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 21,795 | 21,795 | ||
| Bank Charges | 286 | 286 | ||
| K-1 Exp PHOENIX CAPITAL REALTY | 3,047 | 3,047 | ||
| Payroll Processing Fees | 877 | 877 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 Inc/Loss PHOENIX CAPITAL REALTY FUND V, L.P. | -8,555 | -8,555 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 10,325 | 10,325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2013 | 2,300 | |||
| 990-PF Excise Tax for 2012 | 18,938 | |||
| Foreign Tax Paid | 351 | 351 |