| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABERDEEN EMERGING MARKETS | FMV | 35,406 | 35,406 |
| ABERDEEN GLOBAL HIGH INCOME FUND | FMV | 29,822 | 29,822 |
| DODGE & COX STOCK FUND | FMV | 80,751 | 80,751 |
| ELEMENTS ROGERS TOTAL RETURN | FMV | 16,340 | 16,340 |
| ING INTERNATIONAL REAL ESTATE FUND | FMV | 38,217 | 38,217 |
| ING REAL ESTATE FUND CL I | FMV | 66,196 | 66,196 |
| ISAHRES TR RUSSELL MIDCAP INDEX | FMV | 123,733 | 123,733 |
| ISHARES MSCI EAFE | FMV | 60,386 | 60,386 |
| LAZARD EMERGING MARKETS PORTFOLIO | FMV | 33,659 | 33,659 |
| LOOMIS SAYLES BOND FUND | FMV | 28,968 | 28,968 |
| PIMCO EMERGING MARKETS BOND FD INS CL | FMV | 42,247 | 42,247 |
| PIMCO FOREIGN BOND FUND HEDGED IN | FMV | 14,440 | 14,440 |
| PIMCO TOTAL RETURN FD INST SHARES | FMV | 41,994 | 41,994 |
| PIONEER HIGH YIELD FUND-CLASS Y | FMV | 29,074 | 29,074 |
| OAKMARK FUNDS- THE OAKMARK | FMV | 49,811 | 49,811 |
| T ROWE PRICE BLUE CHIP GROWTH FD | FMV | 95,166 | 95,166 |
| T ROWE PRICE SMALL CAP STOCK FUND | FMV | 86,119 | 86,119 |
| TEMPLETON FOREIGN FUND ADVISOR | FMV | 48,463 | 48,463 |
| VANGUARD 500 INDEX FUND-SIGN | FMV | 131,609 | 131,609 |
| WESTERN ASSET CORE PLUS BOND | FMV | 47,326 | 47,326 |
| WESTERN ASSET SHORT-TERM BOND FUND | FMV | 60,305 | 60,305 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID TAXES | 425 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 8,928 | 8,928 | 0 | |
| OFFICE SUPPLIES | 10,000 | 0 | 0 | |
| BANK SERVICE FEES | 177 | 177 | 0 | |
| PROFESSIONAL FEES | 5,452 | 5,452 | 0 |
| Description | Amount |
|---|---|
| INCREASE IN UNREALIZED GAIN | 91,362 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX PAYABLE | 0 | 230 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | 1,167 | 0 | 0 |