| 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 |
|---|---|---|
| AMERICAN EXPRESS CR CORP - 2.8 | 8,488 | 8,359 |
| AMERICAN INTL GROUP BOND 3.375 | 10,057 | 10,058 |
| ANHEUSER-BUSCH INBEV - 0.80% - | 12,022 | 11,992 |
| APPLE INC - 01.00% - 05/03/201 | 8,009 | 7,736 |
| BERKSHIRE HATHAWAY INC - 01.55 | 12,181 | 11,865 |
| BRISTOL MYERS SQUIBB CO - 0.87 | 7,932 | 7,797 |
| CITIGROUP INC - 3.953% - 06/15 | 15,069 | 14,895 |
| COMCAST CORP NT - 5.300% - 01/ | 7,315 | 7,009 |
| COSTCO WHSL CORP - 1.70% - 12/ | 9,017 | 8,669 |
| DIRECTV HLDGS LLC / DIRECTV - | 8,503 | 8,398 |
| ENTERPRISE PRODS OPER LLC - 1. | 10,103 | 10,066 |
| GENERAL ELEC CAP CORP - 1.00% | 16,019 | 16,040 |
| GOLDMAN SACHS GROUP INC - 5.25 | 12,443 | 12,043 |
| GOLDMAN SACHS GROUP INC NTS - | 8,251 | 8,027 |
| GS MTG SEC II SER 2007-GG10 CL | 18,449 | 17,579 |
| HCP INC NOTE - 02.625% - 02/01 | 14,752 | 14,298 |
| JPMORGAN CHASE & CO - 5.150% - | 12,065 | 11,757 |
| KINDER MORGAN ENERGY PARTNERS | 8,465 | 7,796 |
| METLIFE INC NT- 5.000% - 06/1 | 7,694 | 7,430 |
| MORGAN STANLEY - 2.125% - 04/2 | 10,048 | 9,914 |
| PRUDENTIAL FINL - 5.100% - 09/ | 7,475 | 7,224 |
| RABOBANK NEDERLAND MTN - 3.375 | 8,600 | 8,423 |
| ROYAL BK OF CANADA MTN - 1.150 | 12,135 | 12,099 |
| TOYOTA MTR CRD CORP - 1.375% - | 12,072 | 11,768 |
| VERIZON COMMUNICATIONS - 4.600 | 19,019 | 17,957 |
| WAL-MART STORES - 0.600% - 04/ | 11,021 | 10,984 |
| WATSON PHARMACEUTICALS I - 01. | 11,109 | 10,885 |
| WELLS FARGO - 2.625% - 12/15/2 | 12,677 | 12,567 |
| WELLS FARGO CO MTN BE - 1.250% | 12,127 | 12,099 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 9,249 | 12,623 |
| ABBOTT LABS | 3,744 | 4,293 |
| ABBVIE INC. | 4,919 | 6,707 |
| ACE LTD | 6,912 | 8,282 |
| AMERICAN EXPRESS CO | 7,154 | 10,434 |
| AMERICAN TOWER REIT INC | 3,043 | 3,113 |
| AT&T CORP | 11,593 | 11,603 |
| BHP BILLITON LIMITED | 15,755 | 14,458 |
| BLACKROCK EMERGING MRKTS LG SH | 33,615 | 33,306 |
| BLACKROCK GLOBAL ALLOC I | 109,475 | 114,821 |
| BLACKROCK MULTI-ASSET INCOME I | 105,779 | 108,027 |
| BLACKROCK STRAT INC OPP - INS | 107,161 | 107,136 |
| BRISTOL-MYERS SQUIBB CO | 16,563 | 23,333 |
| CHEVRON CORP | 23,179 | 24,732 |
| CHUBB CORP | 14,355 | 14,881 |
| CITIGROUP INC | 9,993 | 10,891 |
| COCA-COLA CO | 11,127 | 11,980 |
| COMCAST CORP | 15,767 | 20,501 |
| CONOCOPHILLIPS | 8,037 | 9,467 |
| DEERE CO | 15,678 | 15,800 |
| DIAGEO PLC ADS | 18,021 | 19,995 |
| DOMINION RESOURCES INC | 14,381 | 16,690 |
| DOW CHEMICAL PV | 4,645 | 6,172 |
| DU PONT DE NEMOURS | 15,592 | 20,790 |
| DUKE ENERGY CO | 6,675 | 6,556 |
| ENBRIDGE INC | 12,399 | 12,187 |
| EXXON MOBIL CORP | 23,477 | 26,312 |
| FIFTH THIRD BANCORP | 8,425 | 10,683 |
| GENERAL ELECTRIC CO | 25,367 | 30,300 |
| GENERAL MILLS INC | 6,728 | 7,536 |
| HOME DEPOT INC. | 13,875 | 16,715 |
| HONEYWELL INTERNATIONAL INC. | 8,917 | 11,513 |
| INTEL CORP | 6,530 | 7,996 |
| INTERNATIONAL BUSINESS MACHINE | 16,377 | 15,006 |
| INTERNATIONAL PAPER CO. | 7,137 | 7,256 |
| JOHNSON & JOHNSON | 11,791 | 14,105 |
| JOHNSON CONTROLS INC. | 4,193 | 6,772 |
| JP MORGAN CHASE & CO | 26,846 | 32,807 |
| KIMBERLY CLARK CORP | 8,887 | 10,133 |
| KINDER MORGAN INC | 6,268 | 6,048 |
| LORILLARD INC COMMON STOCK | 9,781 | 12,062 |
| MANAGED ACCOUNT SERIES GLOBAL | 39,377 | 45,879 |
| MANAGED ACCT SER MID CAP VALUE | 29,760 | 33,786 |
| MARATHON OIL CORP | 6,441 | 6,707 |
| MARATHON PETROLEUM CORP | 7,978 | 9,540 |
| MCDONALD'S CORP | 17,583 | 17,756 |
| MEADWESTVACO CORP | 8,063 | 8,679 |
| MERCK & CO INC. | 14,867 | 16,667 |
| METLIFE INC. | 4,726 | 5,230 |
| MICROSOFT CORPORATION | 8,329 | 11,036 |
| MONDELEZ INTERNATIONAL INC | 9,056 | 10,061 |
| MOTOROLA SOLUTIONS INC | 6,899 | 7,695 |
| NEWMONT MINING CORP | 5,489 | 3,063 |
| NEXTERA ENERGY, INC | 13,288 | 15,326 |
| NORTHEAST UTIL | 7,419 | 7,588 |
| NORTHROP GRUMMAN CORP | 7,361 | 12,378 |
| OCCIDENTAL PETROLEUM CORP | 11,693 | 13,409 |
| PFIZER INC. | 14,416 | 15,744 |
| PHILIP MORRIS INTL | 20,186 | 19,256 |
| PHILLIPS 66 | 3,689 | 4,705 |
| PRAXAIR INC. | 10,169 | 11,833 |
| PROCTER GAMBLE CO | 14,567 | 15,794 |
| PRUDENTIAL FINCL INC | 13,290 | 19,182 |
| PUBLIC SVC ENTERPRISE GROUP IN | 5,679 | 5,703 |
| RAYTHEON CO. | 12,829 | 20,680 |
| SCHLUMBERGER LTD | 8,201 | 9,552 |
| SEMPRA ENERGY COM | 7,104 | 8,348 |
| SUNTRUST BKS INC | 9,973 | 12,626 |
| TORONTO DOMINION | 8,335 | 9,518 |
| TOTAL FINA ELF S.A. | 11,183 | 13,234 |
| TRAVELERS COMPANIES INC | 21,816 | 23,540 |
| UNILEVER N V N Y | 11,367 | 11,345 |
| UNITED PARCEL SERVICE | 8,730 | 10,823 |
| UNITED TECHNOLOGIES CORP | 17,837 | 22,419 |
| US BANCORP DEL | 11,627 | 14,059 |
| V F CORP | 11,131 | 17,455 |
| VERIZON COMMUNICATIONS | 22,349 | 24,128 |
| WAL-MART STORES INC. | 10,036 | 11,017 |
| WELLS FARGO & CO. | 20,973 | 26,514 |
| WEYERHAEUSER CO | 12,019 | 12,344 |
| 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 | 13,537 | 13,537 | ||
| Bank Charges | 220 | 220 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 16,818 | 16,818 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2013 | 3,300 | |||
| 990-PF Excise Tax for 2012 | 2,914 | |||
| Foreign Tax Paid | 312 | 312 |