| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISHARES 3-7 YEAR TREASURY BOND | 104,375 | 104,453 |
| PIMCO ETF TR I-5 YR | 69,300 | 67,404 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKSTONE ALTERNTV MULTI STRATEGY | AT COST | 104,521 | 104,209 |
| BRANDES INTERNATIONAL SMALL CAP | AT COST | 33,672 | 30,008 |
| DOUBLELINE TOTAL RETURN BOND FD | AT COST | 85,140 | 84,016 |
| EATON VANCE ATLANTA CAP SMID CAP FD | AT COST | 55,138 | 62,813 |
| EATON VANCE FLOATING RATE CLASS I | AT COST | 43,873 | 42,614 |
| FEDERATED STRATEGIC VALUE DIVIDEND | AT COST | 79,817 | 83,251 |
| GOTHAM NEUTRAL FUND | AT COST | 69,541 | 67,510 |
| T ROWE PRICE INSTL LARGE CAP GROWTH | AT COST | 104,553 | 118,398 |
| JOHN HANCOCK DISCIPLINED VALUE 1 | AT COST | 111,217 | 122,474 |
| J P MORGAN US EQUITY FUND | AT COST | 120,813 | 126,465 |
| MAINSTAY ICAP INTERNATIONAL FD | AT COST | 43,094 | 40,172 |
| MANNING & NAPIER WORLD OPPT SER CL A | AT COST | 90,246 | 76,736 |
| OPPENHEIMER DEV MARKETS FD CLASS Y | AT COST | 39,180 | 37,771 |
| PIMCO INV GRADE CORP BOND INSTL | AT COST | 104,866 | 102,085 |
| PIMCO EMERGING LOCAL BOND FD INST CL | AT COST | 36,460 | 30,148 |
| THE OSTERWEIS STRATEGIC INCOME FD | AT COST | 76,466 | 73,478 |
| VANGUARD BACKED SECURITIES INDX ADM | AT COST | 33,052 | 33,021 |
| WASATCH LONG/SHORT FUND | AT COST | 83,058 | 78,198 |
| WELLS FARGO ADVTNG ABSOLUTE RETURN INST | AT COST | 136,121 | 131,332 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEE - FORM 1023 | 850 | 0 | 0 | |
| INVESTMENT FEES | 12,056 | 12,056 | 0 | |
| BANK CHECK CHARGE | 102 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2013 FORM 990-PF TAX | 243 | 243 | 0 |