| 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 |
|---|---|---|
| ANGEL OAK MULTI-STRAT INCOME | 25,609 | 25,066 |
| BLACKROCK EMERGING MRKTS LG SH | 50,319 | 49,612 |
| BLACKROCK GLOBAL LONG SHORT CR | 50,103 | 50,739 |
| COLUMBIA SELECT LARGE CAP GROW | 52,362 | 66,057 |
| DRYDEN HIGH-YIELD FUND CLASS A | 43,395 | 44,093 |
| EATON VANCE GLOBAL MACRO FD CL | 26,043 | 24,855 |
| FEDERATED INT'L STRATEGIC VALU | 52,457 | 58,069 |
| GABELLI SMALL CAP GROWTH FUND | 30,669 | 30,912 |
| ISHARES MSCI EAFE MINIMUM VOLA | 41,280 | 43,120 |
| ISHARES MSCI EMERGING MARKETS | 34,829 | 34,956 |
| ISHARES RUSSELL 2000 | 51,077 | 74,061 |
| ISHARES TR S & P MIDCAP 400 IN | 100,853 | 124,041 |
| ISHARES TRUST RUSSELL 1000 GRO | 100,273 | 122,909 |
| JANUS TRITON FUND A | 52,375 | 65,229 |
| JEFFERIES ASSET MANAGEMENT COM | 50,189 | 47,249 |
| KEELEY FDS INC SMALL CAP VALUE | 25,000 | 31,234 |
| MATTHEWS ASIA PACIFIC EQUITY I | 53,645 | 59,877 |
| OPPENHEIMER DEVELOPING MKTS FD | 35,208 | 36,818 |
| PIMCO DEVELOPING LOCAL MARKETS | 25,650 | 24,636 |
| PIMCO INCOME CL A | 25,600 | 25,140 |
| PRUDENTIAL JENSON MID-CP GR | 25,731 | 29,292 |
| SPRD EURO STOXX 50 ETF | 50,125 | 52,117 |
| TEMPLETON GLOBAL BOND FUND - C | 25,686 | 24,701 |
| THIRD AVENUE FOCUSED CREDIT FU | 59,463 | 61,352 |
| VANGUARD DIVIDEND APPRECIATION | 99,963 | 109,098 |
| WELLS FARGO ABSOLUTERETURN FUN | 50,733 | 50,201 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| 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 | 10,599 | 10,599 | ||
| Bank Charges | 150 | 150 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 11,205 | 11,205 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF EXTENSION FOR 2012 | 87 | |||
| 990-PF Estimated Tax for 2013 | 1,400 |