| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 21,566 | 3,235 | 18,331 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| NEXTERA ENERGY CAPITAL HOLDING | 100,000 | 110,083 |
| MERRILL LYNCH | 248,772 | 297,398 |
| KINDER MORGAN ENER PART PUTABLE 02/11/12 @ 100 | 99,972 | 128,165 |
| ENERGY TRANSFER PARTNERS | 74,997 | 95,844 |
| FRONTIER COMMUNICATIONS CORP. | 518,750 | 538,750 |
| GMAC, LLC | 168,817 | 155,855 |
| TYCO ELECTRONICS GROUP S | 69,600 | 157,601 |
| KOHLS CORPORATION | 47,328 | 79,656 |
| HUMANA, INC. | 36,500 | 72,485 |
| WEATHERFORD INTL LTD | 48,716 | 77,736 |
| WELLS FARGO & CO. | 243,739 | 250,012 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN EXPRESS | 45,607 | 189,740 |
| APPLE COMPUTER | 187,765 | 260,204 |
| AT&T INC. | 51,900 | 70,720 |
| BIG LOTS INC. | 87,115 | 114,250 |
| BLACKHAWK NETWORK HOLDINGS CLASS B | 3,895 | 4,403 |
| BOEING CO. | 68,083 | 254,460 |
| BRISTOL-MEYERS SQUIBB CO. | 97,170 | 194,040 |
| CABLEVISION SYSTEMS-NY GRP-A | 73,546 | 88,250 |
| CENTURYLINK | 100,038 | 108,600 |
| CLOROX COMPANY | 64,106 | 91,400 |
| COMCAST CORP-CLASS A | 130,451 | 348,920 |
| CONAGRA | 73,643 | 89,040 |
| CSX CORP. | 32,865 | 46,215 |
| DOW CHEMICAL | 70,510 | 113,212 |
| FRONTIER COMMUNICATIONS CORP. | 3,372 | 2,803 |
| GENERAL ELECTRIC | 88,575 | 78,840 |
| GENWORTH FINANCIAL, INC. | 48,750 | 43,500 |
| GLAXOSMITHKLINE PLC-SPON ADR | 38,880 | 53,480 |
| HEWLETT-PACKARD CO. | 110,258 | 101,040 |
| HOME DEPOT | 70,718 | 161,920 |
| INTEL | 124,750 | 154,500 |
| JOHNSON & JOHNSON | 25,814 | 52,310 |
| JP MORGAN CHASE & CO. | 68,200 | 115,240 |
| KEY CORP. | 79,430 | 42,990 |
| KOHLS CORP. | 28,386 | 26,340 |
| KRAFT FOODS, INC-A | 18,457 | 39,927 |
| KROGER COMPANY | 60,861 | 148,290 |
| LINCOLN NATIONAL CORP. | 95,605 | 205,760 |
| LOWE'S COMPANIES | 84,100 | 383,920 |
| MARSH & MCLENNAN COMPANIES | 73,945 | 155,460 |
| MCDONALD'S CORP. | 17,300 | 100,740 |
| MEDTRONIC, INC. | 73,640 | 127,520 |
| MERCK & CO., INC. | 136,768 | 340,332 |
| MONDELEZ INTERNATIONAL INC-A | 34,172 | 75,220 |
| MONSANTO CO. | 49,592 | 124,740 |
| ORACLE SYSTEMS | 51,939 | 81,060 |
| PFIZER, INC. | 128,320 | 89,040 |
| POPULAR, INC. | 132,902 | 211,916 |
| QUALITY SYSTEMS, INC. | 42,732 | 36,915 |
| RAYTHEON COMPANY | 56,950 | 92,250 |
| ROYAL DUTCH SHELL, PLC | 46,397 | 82,370 |
| SAFEWAY, INC. | 24,907 | 34,340 |
| VECTOR GROUP LTD. | 50,142 | 65,142 |
| VERIZON COMMUNICATIONS | 56,077 | 97,860 |
| VISA INC-CLASS A SHARES | 67,478 | 210,710 |
| WALT DISNEY CORPORATION | 37,379 | 171,480 |
| YAHOO! INC | 33,245 | 45,669 |
| ALLY FINANCIAL, INC. (P) 03/19/12 @ 1000 | 28,353 | 30,076 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 14,036 | 702 | 13,334 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 5,137 | 5,137 | 0 | |
| INSURANCE | 632 | 316 | 316 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 40,489 | 40,489 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 546 | 546 | 0 |