| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 3,957 | 3,957 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PIMCO TOTAL RETURN FUND | 325,000 | 311,387 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BAXTER INTL INC | 28,172 | 39,435 |
| BBH INTERNATIONAL EQUITY FUND CL N | 132,484 | 149,105 |
| BED BATH AND BEYOND INC | 24,295 | 34,128 |
| BERKSHIRE HATHAWAY INC-CL B | 48,131 | 68,172 |
| CELANESE CORP SERIS A | 15,598 | 19,801 |
| CHUBB CORP | 35,923 | 57,978 |
| COMCAST CORP CL A | 23,652 | 59,760 |
| DENTSPLY INTL INC | 11,330 | 15,756 |
| DIAGEO PLC SPONSORED ADR | 16,749 | 29,795 |
| EBAY | 8,078 | 14,814 |
| EOG RESOURCES INC | 22,042 | 37,764 |
| GOOGLE INC CL A | 32,422 | 61,639 |
| HENRY SCHEIN INC COM STK | 6,256 | 11,426 |
| JOHNSON & JOHNSON | 13,552 | 20,608 |
| LIBERTY MEDIA CORP INTERACTIVE A | 15,769 | 33,753 |
| LONGLEAF PARTNERS SMALL CAP FD | 63,000 | 74,019 |
| MICROSOFT CORP | 29,816 | 41,151 |
| NESTLE S A SPONS ADR | 41,428 | 55,193 |
| NOVARTIS AG - ADR | 36,528 | 52,247 |
| OCCIDENTAL PETROLEUM CORP | 29,249 | 30,908 |
| PEPSICO INC | 9,487 | 12,441 |
| PRAXAIR INC | 21,085 | 26,006 |
| PROGRESSIVE CORP OHIO | 27,939 | 36,133 |
| QUALCOMM INC | 34,810 | 42,694 |
| SOUTHWESTERN ENERGY CO | 25,922 | 27,531 |
| T ROWE PRICE NEW ASIA FUND | 51,487 | 45,364 |
| TARGET CORP | 29,025 | 36,380 |
| US BANCORP | 37,131 | 58,580 |
| WAL-MART STORES INC | 13,072 | 19,673 |
| WASTE MANAGEMENT INC | 22,334 | 29,166 |
| WELLS FARGO & CO | 34,179 | 49,940 |
| BBH LIMITED DURATION FUND | 659,739 | 657,067 |
| SCHLUMBERGER LTD | 24,246 | 29,286 |
| AIT BLOBAL EMERGING MARKETS | 120,000 | 108,240 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PENDING TRADE RECEIVABLE | 4,396 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES/OTHER | 32 | 32 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL | 14,822 | 14,822 | 0 | |
| ADR FEES | 0 | 0 | 0 |
| Name | Address |
|---|---|
| WALTER AND CELIA GILBERT |
15 GRAY GARDENS WEST CAMBRIDGE,MA02138 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMM OF MASS | 35 | 0 | 35 | |
| FEDERAL TAXES | 400 | 0 | 0 | |
| FOREIGN TAXES | 806 | 806 | 0 |