| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND RETURN PREPARATION | 5,819 | 0 | 5,416 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERCK & CO INC NEW NT 2.25% DUE 01/15/2016 | 20,741 | 20,360 |
| THERMO FISHER SCIENTIFIC INC SR NT 3.6% | 25,661 | 25,817 |
| ACCRUED INTEREST | 548 | 548 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN FUNDAMENTAL INVESTORS FUND CLASS F1 #410 | 7,415 | 12,799 |
| ISHARES INTERMEDIATE CREDIT BOND ETF | 10,959 | 10,933 |
| ISHARES MSCI EAFE GROWTH ETF | 26,537 | 24,679 |
| POWERSHARES EXCHANGE-TRADED FD TR INTL DIVID ACHIEVERS PORTFOLIO | 16,697 | 15,759 |
| SPDR GOLD SHARES | 2,926 | 3,975 |
| SPDR S&P 500 ETF | 82,819 | 92,493 |
| SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS | 6,040 | 6,599 |
| SPDR SER TR MORGAN STANLEY TECHNOLOGY | 13,230 | 25,450 |
| VANGUARD EMERGING MARKETS ETF | 13,182 | 13,207 |
| VANGUARD HEALTH CARE ETF | 12,995 | 23,862 |
| VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF | 48,831 | 53,281 |
| WISDOM TREE TR EUROPE HEDGED EQ | 17,141 | 16,686 |
| WISDOM TREE US DIVIDEND GROWTH ETF | 48,679 | 54,408 |
| ACCRUED INTEREST | 554 | 554 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 2,976 | 2,976 | 0 | |
| INVESTMENT EXPENSES | 141 | 141 | 0 | |
| CHARITABLE CONCERT | 21,000 | 0 | 21,000 |