| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND TAX | 4,150 | 4,150 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ARTISAN FUNDS INC MID CAP VALUE FD INV A/C 8967-9985 | 125,286 | 146,902 |
| ARTISAN FUNDS INC SMALL CAP VALUE FD A/C 8967-9985 | 126,914 | 148,551 |
| BLACKROCK EQUITY DIVIDEND FD A/C 8967-9985 | 128,125 | 149,093 |
| BROADVIEW FDS OPPORTUNITY FD A/C 8967-9985 | 127,552 | 150,725 |
| CAPITAL INCOME BUILDERS FUND CL A A/C 3493-6867 | 535,307 | 557,593 |
| EAGLE SMALL CAP GROWTH FUND CL I A/C 8967-9985 | 117,664 | 148,028 |
| EUROPACIFIC GROWTH FUND A/C 3493-6867 | 400,611 | 480,938 |
| FIRST EAGLE FDS INC GLOBAL FD A/C 8967-9985 | 133,529 | 143,043 |
| FIRST EAGLE FDS SOGEN OVERSEAS FD A/C 8967-9985 | 136,907 | 141,681 |
| FMI FDS LARGE CAP FUND A/C 8967-9985 | 131,777 | 147,740 |
| FUNDAMENTAL INVESTORS FUND A/C 3493-6867 | 1,199,164 | 1,495,081 |
| GROWTH FUND OF AMERICA CL A A/C 3493-6867 | 1,047,908 | 1,573,472 |
| HABOR FUND CAP APPRECIATION FD INSTL A/C 8967-9985 | 123,845 | 156,768 |
| HABOR FUND INTL FD INSTL A/C 8967-9985 | 126,995 | 145,110 |
| MATTHEWS INTL FD PAC TIGER FD CL I A/C 8967-9985 | 139,838 | 147,095 |
| NATIONWIDE MUT FDS NEW GENEVA M/CAP GROWTH FD INSTL SERVICE CL | 127,427 | 148,154 |
| NEW ECONOMY FUND CL SBI CL A A/C 3493-6867 | 778,293 | 1,135,816 |
| NEW WORLD FUND INC CL A A/C 3493-6867 | 711,320 | 867,011 |
| NORTHERN LTS FD TR III GOOD HARBOR US TACTICAL CORE A/C 8967-9985 | 202,711 | 211,573 |
| OPPENHEIMER DEV MKTS CL Y A/C 8967-9985 | 134,190 | 148,917 |
| SMALLCAP WORLD FUND CL A A/C 3493-6867 | 806,318 | 1,126,502 |
| T ROWE PRICE NEW AMER GROWTH FD SBI A/C 8967-9985 | 134,198 | 156,015 |
| T ROWE PRICE NEW HORIZONS FUND INC A/C 8967-9985 | 122,498 | 151,690 |
| VIRTUS EMERGING MARKETS OPPORTUNITIES FD CL I A/C 8967-9985 | 142,907 | 140,962 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - MARCOUX ALLEN | 1,440 | 1,440 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES | 232 | 232 | 0 | |
| COMERICA BANK CHECKING FEES AND CHECKS | 9 | 9 | 0 | |
| MICHIGAN ANNUAL REPORT FILING FEE | 20 | 20 | 0 | |
| COUNCIL OF MICHIGAN FOUNDATIONS | 1,500 | 1,500 | 0 | |
| FOREIGN TAX W/H EUROPACIFIC GROWTH FUND A/C 6867 | 900 | 900 | 0 | |
| FOREIGN TAX W/H SMALLCAP WORLD FUND INC A/C 6867 | 563 | 563 | 0 | |
| FOREIGN TAX W/H NEW WORLD FUND CLASS A A/C 6867 | 1,102 | 1,102 | 0 | |
| FOREIGN TAX W/H FIRST EGLE SGEN OVRS-I A/C 6867-9985 | 234 | 234 | 0 | |
| FOREIGN TAX W/H HARBOR INTL INSTL A/C 6867-9985 | 163 | 163 | 0 | |
| FOREIGN TAX W/H MATTHEWS INTL PAC TIRG I A/C 6867-9985 | 197 | 197 | 0 | |
| FOREIGN TAX W/H OPPNHEIMER DEV MKTS CL Y A/C 6867-9985 | 148 | 148 | 0 | |
| FOREIGN TAX W/H VIRTUS EMRG MKT OPPTY I A/C 6867-9985 | 59 | 59 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WELLS FARGO ADVISORS A/C 8967-9985 - ALLOCATION ADVISORS FEE | 6,917 | 6,917 | 0 | |
| WELLS FARGO ADVISORS A/C 3493-6867 - ALLOCATION ADVISORS FEE | 5,808 | 5,808 | 0 |