| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 21,438 | 3,216 | 18,222 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| NEXTERA ENERGY CAPITAL HOLDING | 75,000 | 77,264 |
| MERRILL LYNCH | 248,772 | 286,875 |
| KINDER MORGAN ENER PART PUTABLE 02/11/12 @ 100 | 99,972 | 120,134 |
| ENERGY TRANSFER PARTNERS | 74,997 | 89,986 |
| FRONTIER COMMUNICATIONS CORP. | 518,750 | 455,000 |
| GMAC, LLC | 168,817 | 146,095 |
| TYCO ELECTRONICS GROUP S | 69,600 | 154,488 |
| KOHLS CORPORATION | 47,328 | 80,783 |
| HUMANA, INC. | 36,500 | 69,471 |
| WEATHERFORD INTL LTD | 48,716 | 57,553 |
| WELLS FARGO & CO. | 243,739 | 250,076 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN EXPRESS | 45,607 | 155,440 |
| APPLE COMPUTER | 187,765 | 351,190 |
| AT&T INC. | 51,900 | 71,040 |
| BIG LOTS INC. | 87,115 | 112,475 |
| BLACKHAWK NETWORK HOLDINGS CLASS B | 3,902 | 6,757 |
| BOEING CO. | 68,083 | 277,440 |
| BRISTOL-MEYERS SQUIBB CO. | 97,170 | 266,160 |
| CABLEVISION SYSTEMS-NY GRP-A | 73,546 | 119,700 |
| CENTURYLINK | 100,038 | 88,140 |
| CLOROX COMPANY | 64,106 | 104,020 |
| COMCAST CORP-CLASS A | 130,451 | 390,910 |
| CONAGRA | 73,643 | 131,160 |
| CSX CORP. | 32,865 | 48,975 |
| DOW CHEMICAL | 70,510 | 112,574 |
| FRONTIER COMMUNICATIONS CORP. | 3,372 | 2,376 |
| GENERAL ELECTRIC | 88,575 | 79,710 |
| GENWORTH FINANCIAL, INC. | 48,750 | 18,925 |
| GLAXOSMITHKLINE PLC-SPON ADR | 38,880 | 41,650 |
| HEWLETT-PACKARD CO. | 110,258 | 90,030 |
| HOME DEPOT | 70,718 | 222,260 |
| INTEL | 124,750 | 152,075 |
| JOHNSON & JOHNSON | 25,814 | 48,730 |
| JP MORGAN CHASE & CO. | 68,200 | 135,520 |
| KEY CORP. | 79,430 | 45,060 |
| KOHLS CORP. | 28,386 | 31,305 |
| KRAFT FOODS, INC-A | 18,457 | 56,703 |
| KROGER COMPANY | 60,861 | 217,530 |
| LINCOLN NATIONAL CORP. | 95,605 | 236,880 |
| LOWE'S COMPANIES | 84,100 | 535,760 |
| MARSH & MCLENNAN COMPANIES | 73,945 | 170,100 |
| MCDONALD'S CORP. | 17,300 | 95,070 |
| MEDTRONIC PLC | 153,900 | 148,200 |
| MERCK & CO., INC. | 136,768 | 334,919 |
| MONDELEZ INTERNATIONAL INC-A | 34,172 | 82,280 |
| MONSANTO CO. | 49,592 | 106,590 |
| ORACLE SYSTEMS | 51,939 | 80,600 |
| PFIZER, INC. | 128,320 | 100,590 |
| POPULAR, INC. | 132,902 | 178,932 |
| QUALITY SYSTEMS, INC. | 42,732 | 38,111 |
| RAYTHEON COMPANY | 56,950 | 95,680 |
| ROYAL DUTCH SHELL, PLC | 46,397 | 57,010 |
| VECTOR GROUP LTD. | 50,134 | 77,582 |
| VERIZON COMMUNICATIONS | 56,077 | 93,220 |
| VISA INC-CLASS A SHARES | 67,478 | 268,600 |
| WALT DISNEY CORPORATION | 37,379 | 228,280 |
| YAHOO! INC | 33,245 | 51,077 |
| ALLY FINANCIAL, INC. (P) 03/19/12 @ 1000 | 13,231 | 14,147 |
| REYNOLDS AMERICAN, INC. | 20,819 | 21,651 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 11,121 | 556 | 10,565 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 5,693 | 5,693 | 0 | |
| INSURANCE | 667 | 334 | 333 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 44,820 | 44,820 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 564 | 564 | 0 |