| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LAURIE A RUSSELL CPA | 5,229 | |||
| H&S COMPANIES | 584 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN BALANCED FUND CLASS A | 79,817 | 118,326 |
| AMERICAN MUTUAL FUND CLASS A | 58,882 | 84,603 |
| EUROPACIFIC GROWTH FUND CLASS A | 59,581 | 69,693 |
| FRANKLIN RISING DIVIDENDS FUND | 399,696 | 573,896 |
| FRANKLIN TEMPLETON CHINA WORLD FUND | 384,761 | 358,185 |
| GROWTH FUND OF AMERICA CLASS A | 45,892 | 60,330 |
| INVESTMENT COMPANY OF AMERICA CL A | 49,273 | 67,328 |
| NEW WORLD CLASS A | 43,781 | 43,588 |
| NEW WORLD CLASS F | 126,680 | 121,710 |
| SMALLCAP WORLD FUND CLASS A | 91,461 | 98,895 |
| TEMPLETON BRIC FUND CLASS A | 276,656 | 163,324 |
| WASHINGTON MUTUAL INVESTORS FUND | 50,298 | 73,143 |
| BERKSHIRE HATHAWAY INC DEL CL A | 125,330 | 226,000 |
| FRANKLIN HIGH INCOME FD, CLASS A | 483,293 | 460,196 |
| PRINCIPAL HIGH YIELD II FUND | 507,257 | 477,565 |
| TEMPLETON GLOBAL BOND FD, CL A | ||
| EUROPACIFIC GROWTH FUND CLASS F-1 | 154,304 | 172,816 |
| FRANKLIN EQUITY INCOME FD, CL A | 85,431 | 124,270 |
| FRANKLIN MUTUAL SERIES EUROPEAN | 90,307 | 77,583 |
| FRANKLIN BALANCE SHEET FD, CL A | 181,565 | 167,645 |
| FRANKLIN CONVERTIBLE SECS, CL A | 421,661 | 409,583 |
| FRANKLIN TOTAL RETURN FD, CL A | 127,589 | 123,584 |
| FRANKLIN MUTUAL FINANCIAL SVCS | 237,566 | 242,623 |
| FRANKLIN NATURAL RESOURCES FD | 164,835 | 121,628 |
| PRINCIPAL INCOME FD, CL A | ||
| AMERICAN HIGH INCOME TRUST, CL A | 37,486 | 35,251 |
| MUTUAL SERIES EUROPEAN, CL A | ||
| PRINCIPAL EQUITY INCOME CL A | 25,456 | 29,678 |
| PRINCIPAL GLOBAL REAL ESTATE | 469,718 | 474,433 |
| PRINCIPAL CAPITAL APPRECIATION FD | 66,826 | 76,115 |
| PRINCIPAL SAM BALANCED | 233,599 | 238,143 |
| PRINCIPAL GLOBAL MULTI STRATEGY FD | 618,683 | 635,176 |
| PRINCIPAL SMALL MID CAP DIV INCOME | 200,155 | 217,576 |
| TEMPLETON FOREIGN FD, CL A | 83,093 | 71,627 |
| ALPS ETF TR ALERIAN MLP ETF | 118,900 | 121,641 |
| ISHARES MSCI HONG KONG ETF | 189,995 | 195,541 |
| VANGUARD INTL EQUITY INDEX FD, FTSE | ||
| MACATAWA BANK CORP | 41,002 | 43,520 |
| MSCI GERMANY | 279,071 | 271,359 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| WIRE TRANSFER FEES | 245 | |||
| CHECK PRINTING CHARGES | 25 | |||
| PAYROLL FEES | 12 | |||
| MEMBERSHIP | 2,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED PROFIT SHARING | 33,242 | 51,043 |
| ACCRUED PAYROLL TAXES | 3,184 | 7,943 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADMINISTRATION FEES | 250 | 250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 7,730 | |||
| FOREIGN TAX ON INVESTMENT INCOME | 3,325 | 3,325 | ||
| MI ANNUAL REPORT | 20 |