| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,800 | 2,800 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 13440.860 SHS COLUMBIA US GOVT MTG F | 75,000 | 74,193 |
| 50,000 DAKOTA CNTY MINN GO | 49,777 | 50,142 |
| 40,000 LOGAN CITY UTAH SCH DIST | 41,021 | 40,680 |
| 50,000 NEW MEXICO FIN AUTH REV | 51,058 | 50,851 |
| 25,000 MONROE-GREGG IND GRADE SCH BL | 24,942 | 25,806 |
| 50,000 RACINE CNTY WIS GO | 49,530 | 52,193 |
| 60,000 NEWBURGH N Y CITY SCH DIST | 60,000 | 63,648 |
| 10,000 NORTHWEST TEX INDPT SCH DIST | 10,096 | 10,392 |
| 50,000 SPRING TEX INDPT SCH DIST | 49,680 | 50,922 |
| 100000 AUSTRALIAN GOVT EX DIV UNSEC | 108,785 | 84,722 |
| 24141.631 PIMCO HIGH YIELD FD | 225,000 | 220,655 |
| 40,000 WASHINGTON ST | ||
| 10,000 WASHINGTON ST | ||
| 50,000 CENTRAL MONTCALM MICH PUB SCH | ||
| 10,000 GIBRALTAR MICH SCH DIST | ||
| 20,000 INDUSTRY CALIF URBAN DEV AGY | ||
| 50,000 MARICOPA CNTY ARIZ CMNTY COLL | ||
| 40,000 OLD BRIDGE TWP N J MUN UTILS | ||
| 10,000 UNIVERSITY MASS BLDG AUTH FAC | ||
| 10,000 METROPOLITAN COUNCIL MINN | ||
| 10,000 UNIVERSITY CINCINNATI OHIO GE | ||
| 40,000 COOK CNTY ILL SCH DIST |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 12978.142 SHS COLUMBIA DIVIDEND INC | 190,000 | 245,936 |
| 14037.680 SHS COLUMBA LARGE CAP INDX | 380,000 | 558,278 |
| 13834.374 SHS COLUMBIA SELECT LARGE | 98,362 | 246,667 |
| 2000.00 SHS SPDR S&P 500 ETF | 388,100 | 411,080 |
| 2117.149 SHS COLUMBIA MID CAP GROWTH | 60,000 | 61,228 |
| 9868.421 SHS COLUMBIA MID CAP INDEX | 120,000 | 152,763 |
| 4709.576 SHS JOHN HANCOCK III DISCPL | 60,000 | 94,050 |
| 2346.194 SHS CAMBIAR SMALL CAP FUND | 45,000 | 46,103 |
| 1434.949 SHS COLUMBIA ACORN SELECT F | 45,000 | 44,526 |
| 4920.722 SHS COLUMBIA SMALL CAP INDX | 90,000 | 112,488 |
| 4000 SHS ISHARES MSCI EAFE ETF | 260,019 | 243,360 |
| 7320.644 SHS THORNBURG INTL VALUE FD | 200,000 | 200,659 |
| 5000 SHS ISHARES MSCI EMERGING MKTS | 212,074 | 196,450 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4.99 ACRES SITE OF NE/4 OF SEC 8, BL | 1,746 | 1,746 | 73 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 4280.822 NUVEEN REAL ESTATE REIT | AT COST | 100,000 | 103,168 |
| 1400 VANGUARD REIT | AT COST | 102,088 | 113,400 |
| 1500 SHS ISHARES SILVER TRUST | AT COST | 22,590 | 22,590 |
| 300 SHS SPDR GOLD TR GOLD SHARES | AT COST | 39,598 | 34,074 |
| OIL, GAS & OTHER MINERALS | AT COST | 1 | 1,519,800 |
| INVSTMNT-MASTERSON MINERALS COMMITTE | AT COST | 79,894 | 79,894 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 150 | 150 | ||
| ROYALTY EXPENSES - MASTERSON | 674 | 674 | ||
| 2% PORTFOLIO DEDUCTS - MASTER | 8,364 | 8,364 | ||
| PORTFOLIO DEDUCTS - MASTERSON | 333 | 333 | ||
| 2014 TAX | 3,453 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL & GAS ROYALTIES | 320,326 | 320,326 | |
| MASTERSON MINERALS COMMITTEE | 7,484 | 7,484 | |
| RENTS | 45,149 | 45,149 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 44,276 | 44,276 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 1,743 | 1,743 | ||
| GPT AND AD VALOREM TAXES | 23,887 | 23,887 | ||
| FOREIGN TAXES PAID - MASTERSON M | 8 | 8 |