| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,400 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARTISAN INTERNATIONAL FUND | AT COST | 2,748 | 3,504 |
| HENDERSON INTERNATIONAL OPPORTUNITIES | AT COST | 2,214 | 3,493 |
| T ROWE PRICE INTL DISCOVERY FD | AT COST | 2,270 | 2,333 |
| INSTITUTIONAL ADVISORS LARGE CAP FUND | AT COST | 16,955 | 24,829 |
| VICTORY MUNDER MIDCAP CORE GROWTH FUND | AT COST | 1,465 | 2,781 |
| T ROWE PRICE MIDCAP VALUE FUND | AT COST | 2,059 | 2,854 |
| CONESTOGA SMALL CAP FUND | AT COST | 1,003 | 1,865 |
| GOLDMAN SACHS SATELLITE STRATEGIES | AT COST | 4,185 | 4,566 |
| PIMCO TOTAL RETURN FUND | AT COST | 0 | 0 |
| AMERICAN CENTURY DIVERSIFIED BOND FUND | AT COST | 5,473 | 5,740 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | AT COST | 5,702 | 5,745 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GOLF COURSE FEES | 21,354 | 0 | 0 | |
| MISCELLANEOUS | 438 | 0 | 0 | |
| ADMINISTRATIVE COSTS | 2,052 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | 45,831 | 45,831 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NATIONAL PENN INVESTORS TRUST CO | 600 | 600 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 12 | 0 | 0 | |
| PA REGISTRATION | 100 | 0 | 0 |