| 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 Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANGEL OAK MULTI-STRATEGY INCOM | 52,610 | 51,790 |
| BLACKROCK GLOBAL LONG/SHORT CR | 52,622 | 51,041 |
| COLUMBIA ACORN EMERGING MARKET | 50,401 | 49,772 |
| DB X TRACKERS MSCI EUROPE HEDG | 100,135 | 92,764 |
| FEDERATED INTERNATIONAL STRATE | 55,332 | 56,224 |
| GOLDMAN SACHS STRAT INC-INSTIT | 50,879 | 49,532 |
| ISHARES MSCI EMERGING MARKETS | 49,832 | 49,551 |
| ISHARES MSCI-MEXICO | 25,170 | 23,756 |
| ISHARES MSCI-TAIWAN | 25,004 | 24,403 |
| ISHARES RUSSELL 2000 | 51,077 | 76,796 |
| ISHARES TR S & P MIDCAP 400 IN | 142,783 | 178,828 |
| ISHARES TRUST RUSSELL 1000 GRO | 125,218 | 161,963 |
| JANUS ADVISER FLEXIBLE INCOME | 50,000 | 49,905 |
| JANUS CONTRARIAN FD CL I | 55,340 | 55,163 |
| JANUS TRITON FUND CLASS I SHS | 58,915 | 71,361 |
| KEELEY SMALL CAP VALUE FUND CL | 50,348 | 57,042 |
| LATEEF CLASS I | 50,000 | 49,965 |
| MANAGERS INTERMEDIATE DURATION | 51,124 | 50,853 |
| MATTHEWS ASIA PACIFIC EQUITY I | 54,813 | 59,685 |
| PRUDENTIAL JENNISON MID CAP GR | 56,395 | 59,018 |
| SOUND SHORE INSTITUTIONAL CLAS | 10,078 | 9,273 |
| VANGUARD DIVIDEND APPRECIATION | 124,992 | 144,140 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 10,436 | 10,436 | ||
| Bank Charges | 75 | 75 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 14,367 | 14,367 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2014 | 1,700 | |||
| 990-PF Excise Tax for 2013 | 434 |