| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M COMPANY | 18,152 | 35,063 |
| ABBOTT LABORATORIES | 0 | 0 |
| CHEVRON CORPORATION | 17,452 | 37,473 |
| CONOCOPHILLIPS | 18,212 | 31,793 |
| DODGE & COX INTL STOCK | 128,083 | 159,701 |
| PARAMETRIC TAX MGD EMERGING MKT(FKA EATON VANCE EMERGING MARKET) | 190,235 | 212,106 |
| FED NATL MTG 8.1%19 | 46,873 | 33,740 |
| GOOGLE INC CLASS A | 21,225 | 50,432 |
| HARBOR INTERNATIONAL | 69,000 | 72,410 |
| JOHNSON & JOHNSON | 22,908 | 32,514 |
| KEELEY SMALL CAP VALUE | 51,935 | 69,810 |
| MUNDER MID CAP CORE | 88,364 | 135,553 |
| PEPSICO INCORPORATED | 19,240 | 29,029 |
| PIMCO HIGH YIELD FUND | 136,685 | 124,711 |
| PIMCO TOTAL RETURN FUND | 0 | 0 |
| VERIZON COMMUNICATIONS | 19,410 | 28,256 |
| VANGUARD INFLATION | 0 | 0 |
| SPDR GOLD TRUST | 0 | 0 |
| DODGE & COX INCOME FUND | 0 | 0 |
| VANGUARD EMERGING MARKETS FUND | 0 | 0 |
| T ROWE PRICE GROWTH FUND | 75,000 | 119,663 |
| MATTHEWS ASIAN GROWTH FUND | 105,400 | 108,259 |
| CRM SMALL CAP VALUE FUND | 76,000 | 76,163 |
| LONGLEAF PARTNERS | 88,700 | 103,770 |
| VANGUARD INT'L GROWTH | 0 | 0 |
| PIMCO COMMODITY REAL | 78,000 | 63,715 |
| SPDR S&P 500 | 170,104 | 221,443 |
| EAGLE SMALL CAP GROWTH | 72,005 | 95,386 |
| SPDR DOW JONES INTERNATIONAL | 0 | 0 |
| SPDR DOW JONES REIT | 0 | 0 |
| TEMPLETON GLOBAL BOND FUND | 148,800 | 147,989 |
| COHEN & STEERS REALTY | 84,156 | 84,206 |
| ARTISAN MIDCAP VALUE | 82,340 | 106,008 |
| VANGUARD HIGH DIV YIELD | 0 | 0 |
| VANGUARD S/T INVESTMENT FUND | 140,000 | 140,637 |
| PERRITT MICRO CAP FUND | 119,780 | 155,044 |
| PHILLIPS 66 | 0 | 0 |
| FIDELITY FLOATING RATE FUND | 60,000 | 60,405 |
| ABBVIE INC | 12,652 | 26,405 |
| ARTISAN INT'L FUND | 75,000 | 78,288 |
| DODGE & COX STOCK FUND | 100,000 | 113,649 |
| ELL INT'L PROPERTY | 104,500 | 104,804 |
| OAKMARK INT'L FUND | 62,700 | 76,185 |
| AMERICAN EXPRESS | 12,871 | 12,687 |
| AMGEN INC NOTES | 12,355 | 12,459 |
| ALTRIA GROUP | 12,339 | 12,075 |
| CVS CAREMARK | 11,127 | 11,047 |
| GENERAL ELECTRIC CAP | 12,499 | 13,120 |
| MERRILL LYNCH | 12,683 | 12,992 |
| MONDELEZ INTERN (KRAFT FOODS) | 13,279 | 13,626 |
| TIME WARNER INC | 12,582 | 12,784 |
| UTD HEALTHCARE | 13,305 | 13,101 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUINOX CONSERVATIVE FUND | FMV | 433,275 | 433,275 |
| EQUINOX MULTI STRATEGY FUND | FMV | 261,316 | 261,316 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 1,815 | 0 | 0 | |
| FROM K-1: EQUINOX CONSERVATIVE FUND | 5,368 | 0 | 0 | |
| FROM K-1: EQUINOX MULTI STRATEGY FUND | 1,037 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EQUINOX CONSERVATIVE FUND K-1 - INCOME | 4,136 | 4,136 | 4,136 |
| EQUINOX MULTI STRATEGY FUND K-1 - INCOME | 2,986 | 2,986 | 2,986 |
| LEGAL SETTLEMENT | 607 | 607 | 607 |
| IRS REFUND | 1,966 | 1,966 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 28,046 | 28,046 | 0 | |
| INVESTMENT FEES FOR K-1S | 3,628 | 3,628 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 1,960 | 1,960 | 0 | |
| PAYROLL TAX PAID | 3,825 | 0 | 3,825 |