| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EPR PROPERTIES | AT COST | 231,968 | 254,354 |
| ARTISAN INTL VALUE INVESTOR | AT COST | 664,447 | 779,506 |
| ARTISAN MID CAP INVESTOR | AT COST | 661,113 | 807,937 |
| BBH CORE SELECT CL N | AT COST | 1,157,030 | 1,272,124 |
| INDEXIQ HEDGE MULTI STRATEGY | AT COST | 604,755 | 619,668 |
| ISHARES MSCI CANADA ETF | AT COST | 179,966 | 181,317 |
| JANUS TRITON CL T | AT COST | 345,013 | 475,715 |
| JOHN HANCOCK DISCIPLINED VALUE | AT COST | 541,179 | 628,723 |
| MFS GROWTH CL A | AT COST | 741,297 | 939,575 |
| MFS VALUE CL A | AT COST | 1,167,310 | 1,515,324 |
| OPPENHEIMER DEV MARKETS CL A | AT COST | 311,413 | 347,305 |
| TRANSAMERICA SMALL MID CAP VAL | AT COST | 193,560 | 240,350 |
| VANGUARD FTSE ALL WORLD EX US | AT COST | 296,331 | 344,231 |
| VANGUARD FTSE EMERGING MKTS | AT COST | 1,304,615 | 1,272,419 |
| VANGUARD GROWTH ETF | AT COST | 903,737 | 1,143,212 |
| VANGUARD MID CAP GROWTH ETF | AT COST | 116,681 | 153,606 |
| VANGUARD MID CAP VALUE ETF | AT COST | 117,685 | 159,720 |
| VANGUARD REIT INDEX ETF | AT COST | 291,301 | 290,197 |
| VANGUARD SMALL CAP GROWTH ETF | AT COST | 296,635 | 404,079 |
| VANGUARD SMALL CAP VALUE ETF | AT COST | 176,611 | 233,980 |
| VANGUARD VALUE ETF | AT COST | 592,154 | 758,476 |
| WELLS FARGO ADV PREMIER LARGE | AT COST | 527,674 | 632,768 |
| WISDOMTREE MANAGED FUTRUES | AT COST | 599,265 | 612,400 |
| POWERSHARES DB COMM | AT COST | 228,450 | 220,240 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - INCOME (ALLOCABLE | 4,252 | 4,252 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INCOME | 7,831 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER MISC INVESTMENT EXPENSES | 1,919 | 1,919 | 0 | |
| OTHER MISC CHARITABLE EXPENSES | 70 | 0 | 70 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENT FOR ACCRUALS | 3,905 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | 24,103 | 24,103 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX - PRIOR YEA | 14,979 | 0 | 0 | |
| FEDERAL EXCISE TAX ESTIMATE | 30,000 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 6,123 | 6,123 | 0 |