| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,500 | 0 | 0 | 2,500 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLERGAN INC | 24,979 | 27,668 |
| GENERAL ELEC CAP CORP | 50,000 | 54,398 |
| NATIONAL RURAL UTIL COOP | 24,283 | 28,090 |
| TARGET CORP | 25,003 | 30,895 |
| BELLSOUTH CORP | 24,405 | 27,719 |
| ALCOA INC | 24,900 | 26,796 |
| GOLDMAN SACHS GROUP INC | 23,967 | 26,686 |
| THE DOW CHEMICAL COMPANY | 25,000 | 24,877 |
| AMERICAN EXPRESS CREDIT | 50,360 | 51,360 |
| MORGAN STANLEY MEDIUM TERM NOTE | 25,000 | 25,180 |
| DOW CHEMICAL COMPANY | 25,000 | 25,028 |
| GOLDMAN SACHS GROUP INC | 25,000 | 23,924 |
| DOW CHEMICAL CO/THE SR | 25,000 | 24,608 |
| SAFEWAY INC | 25,209 | 25,103 |
| MORGAN STANLEY | 49,035 | 55,950 |
| THE DOW CHEMICAL COMPANY | 25,066 | 25,039 |
| LINCOLN NATIONAL CORP | 61,458 | 60,914 |
| GE CAPITAL CORP | 24,998 | 24,751 |
| AMGEN INC | 25,341 | 24,864 |
| GENERAL ELEC CAP CORP | 50,000 | 48,602 |
| WELLPOINT INC | 24,908 | 23,269 |
| GENERAL ELEC CAP CORP | 26,186 | 25,345 |
| GOLDMAN SACHS GROUP INC | 50,174 | 52,450 |
| GENERAL ELEC CAP CORP | 50,155 | 46,962 |
| TIME WARNER CABLE INC | 48,592 | 47,402 |
| HEWLETT-PACKARD CO | 25,383 | 25,284 |
| ENERGEN CORP | 51,214 | 49,346 |
| DARDEN RESTAURANTS | 25,223 | 23,935 |
| KOHLS CORPORATION | 52,844 | 49,204 |
| SAFEWAY INC | 25,426 | 25,212 |
| ONEOK INC | 47,409 | 46,644 |
| SCANA CORP | 26,002 | 25,173 |
| AT&T INC | 47,449 | 47,057 |
| FREEPORT-MCMORAN | 25,200 | 23,752 |
| AMERICAN TOWER CORP | 24,623 | 24,981 |
| DIRECTV HOLDINGS | 53,428 | 52,452 |
| MURPHY OIL CORP | 49,880 | 47,321 |
| MORGAN STANLEY | 24,202 | 24,147 |
| GE CAPITAL INTERNOTES | 25,501 | 25,131 |
| ALCOA INC | 49,160 | 46,425 |
| BARRICK GOLD CORP | 46,190 | 44,860 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DEUTSCHE BANK | 100,000 | 101,360 |
| FANNIE MAE | 50,000 | 20,180 |
| JPM TRUST | 24,155 | 25,320 |
| MORGAN STANLEY | 46,711 | 47,640 |
| AFFILIATED MNGRS | 50,416 | 51,053 |
| QWEST CORP | 25,000 | 21,940 |
| TORTOISE ENERGY | 46,730 | 41,650 |
| ARES CAPITAL | 49,810 | 49,800 |
| FIFTH THIRD BANCORP PFD | 50,000 | 49,940 |
| PITNEY BOWES INC | 24,816 | 24,470 |
| PRUDENTIAL FINANCIAL | 50,000 | 41,680 |
| PUBLIC STORAGE | 50,000 | 37,740 |
| QWEST CORP | 25,136 | 23,130 |
| SENIOR HOUSING | 20,256 | 20,270 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 1,967 | 1,967 |
| Description | Amount |
|---|---|
| OTHER INCREASES | 2,131 |