| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,500 | 3,250 | 3,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACTAVIS PLC | 46,087 | 45,046 |
| ACTIVISION BLIZZARD | 52,216 | 48,360 |
| AMERICAN TOWER CORP | 36,137 | 148,275 |
| BLACKROCK | 33,991 | 71,511 |
| BORG WARNER AUTOMOTIVE | 45,095 | 41,212 |
| CHENIERE ENERGY PARTNERS | 53,924 | 50,692 |
| COOPER COMPANIES INC | 77,761 | 81,044 |
| CROWN CASTLE INTERNATIONAL | 78,277 | 78,700 |
| DELPHI AUTOMOTIVE | 40,875 | 65,448 |
| ENBRIDGE ENERGY MGT | 34,942 | 133,941 |
| GOLUB CAP BDC | 37,000 | 44,824 |
| HOEGH LNG PARTNERS LP | 75,095 | 67,080 |
| IHS INC | 53,777 | 59,787 |
| ITC HOLDING CORP | 58,603 | 136,450 |
| INTUIT INC | 41,416 | 57,618 |
| JOHNSON & JOHNSON | 56,670 | 70,594 |
| MASTERCARD INCORPORATED | 60,545 | 60,312 |
| NEW MOUNTAIN FINANCE | 28,460 | 29,880 |
| NEXTERA ENERGY | 77,694 | 132,862 |
| SANDISK CORP | 64,896 | 63,687 |
| SEADRILL PARTNERS LLC | 58,530 | 40,575 |
| STARWOOD PROPERTY TRUST | 35,710 | 58,100 |
| TARGA RESOURCES | 35,921 | 84,840 |
| TEEKAY OFFSHORE | 54,102 | 60,277 |
| TEEKAY CORPORATION MARSHALL ISLAND | 56,932 | 101,780 |
| TEVA PHARMACEUTICAL | 85,722 | 86,265 |
| TRANSLATA RENEWABLES | 60,796 | 61,848 |
| VERISK ANALYTICS | 59,952 | 64,050 |
| VERESEEN | 48,274 | 53,809 |
| SEASPAN CORPORATION | 15,496 | 20,063 |
| DREYFUS MONEY MKT RESERVE | 129,377 | 129,377 |
| AMERICAN EXPRESS | 25,479 | 53,498 |
| ANTERO RESOURCES | 41,281 | 33,479 |
| APPLE | 29,875 | 94,265 |
| ASNUL HOLDINGS | 39,643 | 51,219 |
| BRISTOL MYERS SQUIBB | 35,569 | 59,030 |
| CABOT OIL & GAS | 29,915 | 44,415 |
| CDW CORPORATION | 29,271 | 30,774 |
| CHURCH & DWIGHT | 20,740 | 45,316 |
| CME GROUP | 46,069 | 55,406 |
| COMCAST CORPORATION | 39,316 | 41,735 |
| COOPER COMPANIES INC | 29,786 | 40,523 |
| COSTCO WHOLESALE CORP | 51,136 | 63,788 |
| DANAHER CORP | 28,891 | 59,997 |
| DOVER CORP | 39,541 | 48,411 |
| EOG RES | 21,964 | 46,035 |
| ESTEE LAUDER | 42,051 | 57,150 |
| FISERV INC | 18,206 | 67,422 |
| FMC TECHNOLOGIES | 36,591 | 43,327 |
| INTUIT INC | 29,202 | 46,095 |
| IPG PHOTONICS CORP | 39,122 | 43,079 |
| JPMORGAN CHASE | 45,659 | 57,887 |
| JOHNSON & JOHNSON | 53,170 | 60,128 |
| LENNAR | 22,598 | 58,253 |
| M & T BANK | 26,265 | 31,405 |
| MOODYS | 38,805 | 55,091 |
| NESTLE | 17,615 | 38,299 |
| OMNICOM GROUP | 29,177 | 32,925 |
| PITNEY BOWES INC | 42,164 | 45,085 |
| PRECISION CASTPARTS | 43,365 | 60,220 |
| RANGE RESOURCES | 35,193 | 29,397 |
| ROPER INDUSTRIES | 7,816 | 39,087 |
| RPM INTERNATIONAL | 31,288 | 35,497 |
| SANDISK | 44,848 | 75,934 |
| SCHLUMBERGER | 14,115 | 36,299 |
| SIRONA DENTAL SYSTEMS | 22,906 | 41,500 |
| TIFFANY & COMPANY | 6,719 | 8,014 |
| TOLL BROTHERS | 51,133 | 53,975 |
| TYCO INTERNATIONAL | 30,281 | 58,114 |
| WALT DISNEY | 21,999 | 68,287 |
| WHITEWAVE | 22,741 | 46,361 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 2,039 | 0 | 2,039 | |
| ADVISORY FEES | 66,188 | 66,188 | 0 | |
| WEBSITE EXPENSES | 919 | 0 | 919 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NYS FILING FEE | 250 | 0 | 250 | |
| FOREIGN TAXES | 1,093 | 1,093 | 0 | |
| FEDERAL TAXES | 20,292 | 0 | 0 | |
| PENALTIES-FEDERAL | 79 | 0 | 0 |