| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,158 | 1,158 |
| Person Name | Explanation |
|---|---|
| MERRILL BONDER | THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING. THE OFFICER'S SALARY RELATING TO DECEMBER 2013 OF $3,750 WAS PAID IN JANUARY 2014, SO THIS AMOUNT WAS ACCRUED AS A 2013 EXPENSE. HOWEVER, SINCE THIS AMOUNT WAS NOT PAID UNTIL JANUARY 2014, IT IS NOT REFLECTED IN THE 2013 W-2. THE RECONCILIATION FOR 2013 SALARY IS AS FOLLOWS: 2013 SALARY PAID IN 2013 (TIES TO W-2) $42,638 LESS: 2012 SALARY PAID IN 2013 ( 3,173) -------- SUB-TOTAL $39,465 2013 SALARY PAID IN 2014 3,750 -------- TOTAL 2013 SALARY (ACCRUAL BASIS) $43,215 |
| 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 Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BP CAP MKTS 3.875% DUE 3/10/15 | 78,023 | 78,023 |
| GENERAL 7.125% DUE 12/31/49 | 111,750 | 111,750 |
| PNC 6.75% DUE 12/31/49 | 104,050 | 104,050 |
| SCHWAB CHARLES 7% DUE 12/31/49 | 55,400 | 55,400 |
| CHUBB CORP 6.375% DUE 3/29/67 | 108,250 | 108,250 |
| WISCONSIN 6.25% DUE 5/15/67 | 103,125 | 103,125 |
| FPL GROUP 7.3% DUE 9/1/67 | 82,500 | 82,500 |
| ENTERPRISE 7.034% DUE 1/15/68 | 93,925 | 93,925 |
| ABBVIE INC | 9,189 | 9,189 |
| ABBVIE INC | 12,833 | 12,833 |
| CHINA MOBILE | 18,877 | 18,877 |
| COVIDIEN PLC | 20,907 | 20,907 |
| FIDELITY FLOATING | 50,156 | 50,156 |
| GENERL ELEC | 51,625 | 51,625 |
| GOLAR LNG | 19,960 | 19,960 |
| LAZARD LTD | 21,436 | 21,436 |
| NORTHSTAR RLTY | 25,340 | 25,340 |
| SCHLUMBERGER LIMITED | 22,528 | 22,528 |
| WHIRLPOOL CORP | 21,176 | 21,176 |
| WILLIAMS COS | 19,671 | 19,671 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 850 SHS ETFS PRECIOUS METALS B | 69,353 | 69,353 |
| 375 SHS ISHARES INC MSCI BRAZI | 48,031 | 48,031 |
| 2,535 SHS ISHARES TR MSCI EMER | 191,630 | 191,630 |
| 600 SHS ISHARES TR RUSSELL 100 | 91,816 | 91,816 |
| 12,125 SHS JPMORGAN CHASE & CO | 599,074 | 599,074 |
| 2,075 SHS MARKET VECTORS ETF T | 72,370 | 72,370 |
| 775 SHS POWERSHARES QQQ TR UNI | 121,825 | 121,825 |
| 320 SHS SPDR S&P MIDCAP 400 ET | 158,730 | 158,730 |
| 2,950 SHS WISDOMTREE TR EMERGI | 135,759 | 135,759 |
| 1,740.25 ARTISAN INTERNAT'L IN | 120,344 | 120,344 |
| 1,291.032 ARTISAN SMALL CAP VA | 64,082 | 64,082 |
| 584.717 COLUMBIA ACORN CLASS Z | 45,293 | 45,293 |
| 549.91 CONESTOGA SMALL CAP | 76,289 | 76,289 |
| 1,270.454 DODGE & COX INTERNAT | 122,163 | 122,163 |
| 2,560.494 GOLDMAN SACHS GROWTH | 163,804 | 163,804 |
| 2,510.306 PERKINS MID CAP VALU | 116,642 | 116,642 |
| 1,460.257 MATTHEWS CHINA FUND | 60,491 | 60,491 |
| 1,978.769 T ROWE PRICE NEW ASI | 65,565 | 65,565 |
| 871.724 T ROWE PRICE LATIN AME | 46,977 | 46,977 |
| 11,872.879 TEMPLETON GLOBAL BO | 162,196 | 162,196 |
| 203 SHS ACE LIMITED ORD CHF29. | 21,017 | 21,017 |
| 243 SHS ABBOTT LABORATORIES | 19,625 | 19,625 |
| 624 SHS ARCHER DANIELS MIDLAND | 27,082 | 27,082 |
| 221 SHS BHP BILLITON LIMITED A | 0 | 0 |
| 214 SHS BOEING CO | 25,114 | 25,114 |
| 149 SHS CHEVRON CORP NEW | 18,612 | 18,612 |
| 212 SHS CHUBB CORP | 20,486 | 20,486 |
| 283 SHS CONOCOPHILLIPS | 0 | 0 |
| 137 SHS DIAGEO ADR EACH REPR 4 | 18,142 | 18,142 |
| 180 SHS EXXON MOBIL CORP | 0 | 0 |
| 754 SHS GENERAL ELECTRIC CO | 21,135 | 21,135 |
| 366 SHS GLAXOSMITHKLINE ADR EA | 19,541 | 19,541 |
| 258 SHS HOME DEPOT INC | 21,244 | 21,244 |
| 256 SHS HONEYWELL INTL INC | 23,391 | 23,391 |
| 83 SHS INTL BUSINESS MACH | 15,568 | 15,568 |
| 390 SHS JPMORGAN CHASE & CO | 22,807 | 22,807 |
| 226 SHS JOHNSON & JOHNSON | 20,699 | 20,699 |
| 480 SHS KINDER MORGAN INC DELA | 17,280 | 17,280 |
| 380 SHS MEDTRONIC INC | 21,808 | 21,808 |
| 558 SHS MICROSOFT CORP | 0 | 0 |
| 330 SHS NEWMONT MNG CORP HLDG | 0 | 0 |
| 229 SHS PEPSICO INC | 0 | 0 |
| 185 PHILIP MORRIS INTL INC COM | 0 | 0 |
| 406 POTASH CORP OF SASKATCHEWA | 0 | 0 |
| 245 SHS T ROWE PRICE GROUP INC | 0 | 0 |
| 256 SHS QUALCOMM INC | 19,008 | 19,008 |
| 231 SHS ROYAL DUTCH SHELL ADR | 16,463 | 16,463 |
| 597 SHS VODAFONE GROUP SPON AD | 23,468 | 23,468 |
| 481 SHS WALGREEN COMPANY | 20,678 | 20,678 |
| 486 SHS WELLS FARGO & CO NEW | 22,064 | 22,064 |
| 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 |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 24,273 | 24,273 |
| Description | Amount |
|---|---|
| UNREALIZED DEPRECIATION ON INVESTMENTS | 0 |
| ADJUSTMENTS TO BEGINNING BALANCE | 40,875 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE AND SHIPPING | 250 | 250 | ||
| MISCELLANEOUS EXPENSES | 8,209 | 8,209 | ||
| FINANCIAL PLANNING FEES | 6,000 | 6,000 | ||
| LIABILITY INSURANCE | 871 | 871 | ||
| INVESTMENT MANAGEMENT FEES | 40,504 | 23,179 | 17,325 | |
| CONSULTING FEES | 3,000 | 3,000 | ||
| BUSINESS MEALS | 1,416 | 1,416 | ||
| HEALTH INSURANCE | 8,804 | 8,804 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 244,656 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,351 | 3,351 | ||
| FOREIGN TAXES | 235 | 235 | ||
| FEDERAL TAX | 2,600 | |||
| STATE TAX | 20 | 20 |