| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 1,800 | 900 | 900 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 1319.1602 SHS JP MORGAN STRATEGIC INCOME OPPORTUNITIES FUND SELECT | AT COST | 15,548 | 15,461 |
| 1,557.9668 STERLING CAPITAL EQUITY INCOME FUND INSTL CL | AT COST | 28,560 | 29,025 |
| 140.4967 SHS T. ROWE PRICE MID CAP GROWTH FUND | AT COST | 8,611 | 10,599 |
| 537.5778 SHS MFS INTERNATIONAL VALUE FUND I | AT COST | 17,130 | 18,568 |
| 282.3158 SHS HARBOR INTERNATIONAL FUND | AT COST | 17,876 | 18,288 |
| 404.6631 SHS TOUCHSTONE SANDS CAPITAL INST GROWTH FUND | AT COST | 7,879 | 9,004 |
| 680.7945 SHS WASATCH - 1ST SOURCE LONG/SHORT FUND | AT COST | 9,610 | 10,151 |
| 728.1964 SHS HARDING LOEVNER EMERGING MARKET FUND CLASS I | AT COST | 12,500 | 12,671 |
| 761.3160 SHS PIMCO INCOME INSTITUTIONAL FUND | AT COST | 9,409 | 9,387 |
| 1,544.5550 SHS VANGUARD DEVELOPED MARKETS INDEX ADMIRAL FUND | AT COST | 19,957 | 18,797 |
| 55.4222 SHS STRATTON SMALL-CAP VALUE FUND | AT COST | 4,100 | 4,104 |
| 314.9679 SHS VANGUARD ADMIRAL INDEX 500 FUND | AT COST | 54,258 | 59,809 |
| 238.5204 SHS VANGUARD EXTENDED MARKET INDEX FUND | AT COST | 15,304 | 15,888 |
| 1,782.3160 SHS FEDERATED TOTAL RETURN BOND INSTL | AT COST | 19,700 | 19,677 |
| 1,422.0590 SHS GOLDMAN SACHS TR STRATEGIC INCOME FDCL INSTL SHS | AT COST | 15,088 | 14,619 |
| 1819.9380 SHS METROPOLITAN WEST TOTAL RETURN BOND CL | AT COST | 19,700 | 19,837 |
| 756.1040 SHS RBB FUND INC BOSTON PARTNERS LONG/SHORTRESH FUND INSTL CLASS | AT COST | 10,963 | 11,561 |
| 1852.8500 SHS PRINCIPAL DIVERSIFIED REAL ASSET INST | AT COST | 23,974 | 22,364 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF MI FILING FEE | 20 | 0 | 20 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 3,852 | 3,852 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 69 | 69 | 0 | |
| TAXES ON ORGANIZATION FROM 2013 | 168 | 0 | 0 |