| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTANT FEES | 9,720 | 4,860 | 4,860 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN EXPRESS COMPANY 6.15% 08/28/2017 USD SR LIEN | 118,003 | 113,470 |
| AT&T INC. 2.4% 08/15/2016 USD SR LIEN | 104,179 | 102,930 |
| AUTOZONE, INC. 5.75% 01/15/2015 SR LIEN M-W+50.00BP | 111,112 | 102,791 |
| BERKSHIRE HATHAWAY FINANCE COR 3.0% 05/15/2022 USD SR LIEN | 74,423 | 76,458 |
| BOTTLING GROUP, LLC 5.125% 01/15/2019 USD SR LIEN | 118,412 | 114,159 |
| CIGNA CORPORATION 5.125% 06/15/2020 USD SR LIEN | 112,728 | 111,670 |
| CITIGROUP INC. FRN 03/10/2017 USD USLIB 3MO +54.00BP SR LIEN CPN 03/10/15-06 | 50,000 | 49,903 |
| CITIGROUP INC. FRN 04/08/2019 USD USLIB 3MO +77.00BP SR LIEN CPN 04/08/15-07 | 50,000 | 50,304 |
| DOW CHEMICAL COMPANY (THE) 5.7% 05/15/2018 USD SR LIEN | 116,014 | 111,743 |
| GENERAL MILLS, INC. 5.7% 02/15/2017 SR LIEN | 118,502 | 111,403 |
| LIFE TECHNOLOGIES CORPORATION 3.5% 01/15/2016 USD SR LIEN | 78,185 | 77,118 |
| LOWE'S COMPANIES INC 3.75% 04/15/2021 USD SR LIEN | 107,639 | 108,285 |
| MORGAN STANLEY MTN 5.75% 10/18/2016 USD SER F SR LIEN | 112,407 | 108,537 |
| PHILIP MORRIS INTERNATIONAL IN 5.65% 05/16/2018 USD SR LIEN | 120,197 | 113,369 |
| ROYAL BANK OF CANADA MTN 1.15% 03/13/2015 SER E SR LIEN | 99,968 | 100,494 |
| SCHWAB (CHARLES) & CO., INC. 4.45% 07/22/2020 SR LIEN M-W+25.00BP | 110,868 | 111,805 |
| STARWOOD HOTELS & RESORTS WORL 6.75% 05/15/2018 | 58,519 | 57,344 |
| SYMANTEC CORPORATION 2.75% 06/15/2017 SR LIEN M-W+35.00BP | 50,736 | 50,799 |
| TD AMERITRADE HOLDING CORP 5.6% 12/01/2019 M-W+35.00BP | 110,820 | 115,259 |
| TIME WARNER CABLE INC. 5.85% 05/01/2017 USD | 59,080 | 55,065 |
| UNITEDHEALTH GROUP INC 6.0% 02/15/2018 USD SR LIEN | 122,512 | 114,832 |
| VERIZON COMMUNICATIONS INC. 5.15% 09/15/2023 SR LIEN M-W+40.00BP | 49,838 | 55,970 |
| WTS/TEJON RANCH CO. 40.0000 EXP08/31/2016 | 140 | 140 |
| XEROX CORPORATION 4.25% 02/15/2015 SR LIEN M-W+35.00BP | 51,549 | 51,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES CMN | 29,322 | 36,196 |
| ADT CORPORATION (THE) CMN | 9,867 | 11,195 |
| ADVANCE AUTO PARTS, INC. CMN | 67,847 | 106,080 |
| ADVENT SOFTWARE INC CMN | 7,682 | 15,596 |
| AES CORP. CMN | 16,466 | 15,367 |
| AFLAC INCORPORATED CMN | 37,832 | 51,071 |
| AGILENT TECHNOLOGIES, INC. CMN | 19,711 | 20,102 |
| ALBEMARLE CORP CMN | 22,247 | 28,141 |
| ALEXANDER & BALDWIN, INC. CMN | 10,753 | 20,612 |
| ALLIANT TECHSYSTEMS INC. CMN | 18,900 | 21,971 |
| ALLY FINANCIAL INC. CMN | 35,670 | 35,477 |
| ALTRIA GROUP, INC. CMN | 29,613 | 50,452 |
| AMAZON.COM INC CMN | 43,928 | 53,380 |
| AMERICAN AIRLINES GROUP INC CMN | 16,940 | 23,061 |
| AMERICAN EAGLE OUTFITTERS INC (NEW) | 8,109 | 9,189 |
| AMERICAN EXPRESS CO. CMN | 35,018 | 47,264 |
| AMERICAN TOWER CORPORATION CMN | 37,491 | 67,020 |
| ANADARKO PETROLEUM CORP CMN | 29,178 | 26,483 |
| ANADARKO PETROLEUM CORP CMN | 39,414 | 37,455 |
| AON PLC CMN | 21,889 | 26,268 |
| APACHE CORP. CMN | 51,712 | 38,229 |
| APACHE CORP. CMN | 34,195 | 26,572 |
| APPLE, INC. CMN | 36,044 | 66,449 |
| APPLE, INC. CMN | 47,219 | 69,650 |
| APPLE, INC. CMN | 75,191 | 104,419 |
| ARTISAN INTERNATIONAL FUND INV MUTUAL FUND CLASS I SHARES | 636,223 | 677,151 |
| ATWOOD OCEANICS INC CMN | 54,248 | 37,675 |
| ATWOOD OCEANICS INC CMN | 25,513 | 19,036 |
| BAXTER INTERNATIONAL INC CMN | 65,359 | 69,039 |
| BIOGEN INC. CMN | 37,068 | 40,055 |
| BLOOMIN' BRANDS, INC. CMN | 12,672 | 14,534 |
| BORGWARNER INC. CMN | 27,103 | 27,035 |
| CABELA'S INCORPORATED CMN CLASS A | 14,421 | 31,046 |
| CAMPBELL SOUP CO CMN | 13,896 | 13,816 |
| CARPENTER TECHNOLOGY INC CMN | 16,597 | 16,056 |
| CATERPILLAR INC (DELAWARE) CMN | 38,801 | 34,781 |
| CAUSEWAY INTERNATIONAL VALUE I MUTUAL FUND CLASS INST SHARES | 645,819 | 642,772 |
| CBOE HOLDINGS, INC. CMN | 30,233 | 63,674 |
| CBOE HOLDINGS, INC. CMN | 28,666 | 34,564 |
| CBRE GROUP INC CMN | 28,670 | 53,430 |
| CELGENE CORPORATION CMN | 33,978 | 43,625 |
| CERNER CORP CMN | 27,341 | 32,524 |
| CF INDUSTRIES HOLDINGS, INC. CMN | 23,798 | 36,793 |
| CISCO SYSTEMS, INC. CMN | 77,164 | 97,325 |
| CITIGROUP INC. CMN | 33,674 | 44,803 |
| CITRIX SYSTEMS INC CMN | 13,460 | 14,610 |
| COLGATE-PALMOLIVE CO CMN | 40,553 | 44,558 |
| COLGATE-PALMOLIVE CO CMN | 20,115 | 22,694 |
| COMCAST CORPORATION CMN CLASS A NON VOTING | 13,921 | 21,184 |
| CONOCOPHILLIPS CMN | 51,887 | 50,552 |
| CONSOL ENERGY INC. CMN | 19,516 | 18,697 |
| CONTINENTAL RESOURCES, INC CMN | 45,104 | 42,196 |
| COPA HOLDINGS, S.A. CMN CLASS A | 13,969 | 9,639 |
| CORRECTIONS CORP OF AMERICA CMN | 33,109 | 34,850 |
| CORRECTIONS CORP OF AMERICA CMN | 21,202 | 31,543 |
| COSTCO WHOLESALE CORPORATION CMN | 35,594 | 68,182 |
| DANA HOLDING CORPORATION CMN | 25,253 | 22,479 |
| DANAHER CORPORATION CMN | 32,860 | 44,055 |
| DECKERS OUTDOORS CORP CMN | 20,497 | 29,133 |
| DEVON ENERGY CORPORATION (NEW) CMN | 32,924 | 33,298 |
| DICKS SPORTING GOODS INC CMN | 12,770 | 11,866 |
| DISCOVER FINANCIAL SERVICES CMN | 29,673 | 54,750 |
| DISCOVERY COMMUNICATIONS, INC. CMN | 18,499 | 14,938 |
| DISCOVERY COMMUNICATIONS, INC. CMN SERIES A | 18,994 | 15,261 |
| DREYFUS GLOBAL STOCK MUTUAL FUND CLASS I SHARES MUTUAL FUND CLASS I SHARES | 769,582 | 834,112 |
| DRIL-QUIP, INC. CMN | 12,708 | 13,121 |
| EASTMAN CHEM CO CMN | 25,150 | 27,461 |
| EATON VANCE CORP (NON-VTG) CMN | 26,324 | 39,088 |
| EATON VANCE CORP (NON-VTG) CMN | 9,709 | 17,191 |
| ELI LILLY & CO CMN | 26,879 | 34,219 |
| EMC CORPORATION MASS CMN | 42,196 | 49,339 |
| EMC CORPORATION MASS CMN | 43,880 | 53,026 |
| EOG RESOURCES INC CMN | 21,647 | 21,268 |
| EQUINIX, INC. REIT | 52,718 | 66,205 |
| EXELIS INC. CMN | 25,562 | 25,068 |
| EXXON MOBIL CORPORATION CMN | 29,392 | 33,744 |
| FIRST EAGLE GLOBAL FUND I | 1,200,709 | 1,268,525 |
| FIRST INDUSTRIAL REALTY TRUST CMN | 15,850 | 28,763 |
| FLEETCOR TECHNOLOGIES, INC. CMN | 23,461 | 23,347 |
| GILEAD SCIENCES CMN | 29,373 | 32,237 |
| GOOGLE INC. CMN CLASS A | 19,018 | 21,226 |
| GOOGLE INC. CMN CLASS A | 23,167 | 39,269 |
| GOOGLE INC. CMN CLASS C | 9,801 | 12,634 |
| GOOGLE INC. CMN CLASS C | 19,127 | 31,058 |
| GS HIGH YIELD FLOATING RATE FUND INSTITUTIONAL SHARES | 691,375 | 675,848 |
| GS LOCAL EMERGING MARKETS DEBT FUND INSTITUTIONAL SHARES | 407,635 | 315,171 |
| GS REAL ESTATE SECURITIES FUND INSTITUTIONAL SHARES | 186,325 | 230,205 |
| GS SHORT-DURATION GOVERNMENT FUND INSTITUTIONAL SHARES | 1,500,000 | 1,489,645 |
| GS SMALL CAP VALUE FUND INSTITUTIONAL CLASS SHARES | 108,155 | 148,729 |
| GS SMALL/MID-CAP GROWTH FUND INSTITUTIONAL SHARES | 93,006 | 134,150 |
| GS STRATEGIC INCOME FUND INSTITUTIONAL SHARES | 944,973 | 918,433 |
| HALLIBURTON COMPANY CMN | 49,689 | 28,672 |
| HARTFORD FINANCIAL SRVCS GROUP CMN | 22,451 | 35,437 |
| HEWLETT-PACKARD CO. CMN | 23,798 | 32,866 |
| HOLLYFRONTIER CORP CMN | 24,667 | 21,476 |
| HONEYWELL INTL INC CMN | 33,479 | 48,161 |
| HONEYWELL INTL INC CMN | 34,483 | 47,662 |
| HOUGHTON MIFFLIN HARCOURT CO CMN | 20,366 | 21,787 |
| INTERCONTINENTAL EXCHANGE INC CMN | 37,071 | 42,762 |
| INTERCONTINENTAL EXCHANGE INC CMN | 40,667 | 51,752 |
| INTERNATIONAL PAPER CO. CMN | 29,617 | 32,684 |
| J.C. PENNEY CO INC (HLDNG CO) CMN | 14,418 | 8,450 |
| KAMAN CORP CMN | 8,062 | 11,065 |
| KANSAS CITY SOUTHERN CMN | 37,984 | 42,833 |
| L BRANDS, INC. CMN | 25,683 | 40,852 |
| LAZARD EMERGING MARKETS EQUITY PORTFOLIO INSTL SHARES MUTUAL FUND CLASS INS | 688,666 | 596,485 |
| LINKEDIN CORP CMN CLASS A | 46,030 | 52,144 |
| LOCKHEED MARTIN CORPORATION CMN | 25,483 | 58,926 |
| LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A | 43,653 | 46,126 |
| MARATHON PETROLEUM CORPORATION CMN | 25,089 | 50,004 |
| MATSON, INC. CMN | 12,261 | 19,090 |
| MAXIM INTEGRATED PRODUCTS INC CMN | 13,714 | 14,533 |
| MBIA INC CMN | 13,229 | 15,741 |
| MC DONALDS CORP CMN | 29,439 | 29,797 |
| MCCORMICK & CO NON VTG SHRS CMN | 29,553 | 32,915 |
| MCGRAW-HILL COMPANIES INC CMN | 25,335 | 45,736 |
| MCKESSON CORPORATION CMN | 37,355 | 48,781 |
| MICROSOFT CORPORATION CMN | 30,980 | 47,100 |
| MICROSOFT CORPORATION CMN | 14,432 | 20,438 |
| MOLSON COORS BREWING CO CMN CLASS B | 29,022 | 39,421 |
| MONTPELIER RE HOLDINGS LTD. CMN | 9,648 | 19,307 |
| MOODYS CORP CMN | 39,295 | 43,689 |
| MORGAN STANLEY CMN | 22,377 | 30,186 |
| MRC GLOBAL INC. CMN | 21,027 | 9,969 |
| MYLAN INC CMN | 30,444 | 49,831 |
| MYLAN INC CMN | 28,498 | 31,173 |
| MYLAN INC CMN | 41,664 | 44,194 |
| NATIONSTAR MTG HLDGS INC CMN | 38,504 | 33,884 |
| NAVIENT CORPORATION CMN | 32,266 | 41,556 |
| NEWMARKET CORP CMN | 25,662 | 39,949 |
| NEWMARKET CORP CMN | 19,375 | 47,617 |
| NIKE CLASS-B CMN CLASS B | 22,689 | 49,517 |
| NORWEGIAN CRUISE LINE HLDG LTD CMN | 35,512 | 50,922 |
| NXP SEMICONDUCTORS N.V. CMN | 21,078 | 27,351 |
| OASIS PETROLEM INC CMN | 15,762 | 8,717 |
| OIL STS INTL INC CMN | 52,576 | 47,873 |
| OLD DOMINION FGHT LINES INC CMN | 16,212 | 59,317 |
| OLIN CORPORATION CMN | 31,205 | 25,867 |
| ORACLE CORPORATION CMN | 39,942 | 47,174 |
| ORBITAL SCIENCES CORPORATION CMN | 16,913 | 15,462 |
| PARKER-HANNIFIN CORP. CMN | 21,510 | 24,114 |
| PFIZER INC. CMN | 68,022 | 76,162 |
| PHILIP MORRIS INTL INC CMN | 28,218 | 30,381 |
| PRECISION CASTPARTS CORP. CMN | 35,224 | 39,263 |
| PRICELINE GROUP INC/THE CMN | 49,560 | 52,450 |
| PRICESMART INC CMN | 25,709 | 31,471 |
| PVH CORP CMN | 33,811 | 46,654 |
| QUALCOMM INC CMN | 16,583 | 19,326 |
| QUALCOMM INC CMN | 36,858 | 43,632 |
| REGIONS FINANCIAL CORPORATION CMN | 26,724 | 31,522 |
| RITCHIE BROS. AUCTIONEERS INC CMN | 7,783 | 10,487 |
| ROCKWELL AUTOMATION INC CMN | 16,097 | 16,902 |
| ROCKWELL COLLINS, INC. CMN | 30,861 | 34,890 |
| ROSS STORES,INC CMN | 32,539 | 42,040 |
| SERVICE CORP INTERNATL CMN | 17,824 | 41,904 |
| SERVICEMASTER GLOBAL HOLDINGS, CMN | 8,816 | 13,465 |
| SERVICENOW INC CMN | 26,868 | 29,854 |
| SHERWIN-WILLIAMS CO CMN | 16,689 | 23,674 |
| SM ENERGY COMPANY CMN | 46,076 | 21,219 |
| STURM, RUGER & COMPANY INC. CMN | 15,011 | 11,913 |
| SYSCO CORPORATION CMN | 44,475 | 48,541 |
| TEJON RANCH CO CMN | 9,396 | 10,930 |
| TEMPUR SEALY INTERNATIONAL INC CMN | 23,901 | 29,596 |
| TENET HEALTHCARE CORP CMN | 12,476 | 35,520 |
| TERADYNE INC CMN | 34,023 | 35,741 |
| THE GOLDMAN SACHS GROUP, INC. LINKED TO MSCI EAFE UPSIDE LEVERED CAPPED W BU | 750,000 | 713,980 |
| THE GOLDMAN SACHS GROUP, INC. LINKED TO S&P 500 INDEX UPSIDE LEVERED CAPPED | 1,000,000 | 1,061,445 |
| THE MADISON SQUARE GARDEN CO CMN CLASS A | 19,534 | 23,556 |
| TJX COMPANIES INC (NEW) CMN | 28,720 | 58,293 |
| TREDEGAR CORPORATION CMN | 11,193 | 15,586 |
| TWENTY-FIRST CENTURY FOX, INC. CMN CLASS A | 39,215 | 45,395 |
| TYCO INTERNATIONAL PLC CMN | 19,026 | 24,869 |
| UNITED PARCEL SERVICE, INC. CLASS B COMMON STOCK | 27,892 | 36,797 |
| VALERO ENERGY CORPORATION CMN | 35,151 | 36,581 |
| VANTIV, INC. CMN CLASS A | 18,797 | 20,318 |
| VERISK ANALYTICS INC. CMN CLASS A | 17,792 | 18,062 |
| VERIZON COMMUNICATIONS INC. CMN | 17,282 | 17,309 |
| VIACOM INC CMN CLASS B | 55,051 | 67,123 |
| VISA INC. CMN CLASS A | 33,351 | 42,214 |
| VOYA FINANCIAL INC CMN | 18,941 | 21,614 |
| WADDELL & REED FIN., INC. CLASS A COMMON | 31,865 | 40,803 |
| WESTERN DIGITAL CORPORATION CMN | 18,331 | 57,896 |
| WESTERN UNION COMPANY (THE) CMN | 36,430 | 39,563 |
| WHITE MTNS INS GROUP LTD CMN | 12,492 | 19,533 |
| WHOLE FOODS MARKET INC CMN | 58,886 | 59,092 |
| WORLD FUEL SERVICES CORP CMN | 9,680 | 11,639 |
| XEROX CORPORATION CMN | 50,962 | 59,127 |
| YUM BRANDS, INC. CMN | 29,314 | 31,471 |
| YUM BRANDS, INC. CMN | 48,698 | 46,551 |
| ZOETIS INC. CMN CLASS A | 48,530 | 67,686 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BROAD STREET REAL ESTATE CREDIT PARTNERS II OFFSHORE FEEDER FUND, L.P. | AT COST | 100,000 | 97,323 |
| GLOBAL TACTICAL TRADING MANAGERS PLC TRANCHE A SERIES 1 | AT COST | 350,000 | 383,296 |
| GLOBAL TACTICAL TRADING MANAGERS PLC TRANCHE A SERIES 120 | AT COST | 100,000 | 101,440 |
| HEDGE FUND OPPORTUNITIES LTD CLASS A SERIES 1 | AT COST | 900,000 | 1,023,991 |
| HEDGE FUND OPPORTUNITIES LTD CLASS A SERIES 120 | AT COST | 500,000 | 512,792 |
| NON-US EQUITY MANAGERS: PORTFOLIO 1 OFFSHORE L.P. | AT COST | 1,415,000 | 1,248,019 |
| PRIVATE EQUITY MANAGERS (2014) OFFSHORE LP (C) | AT COST | 74,735 | 73,527 |
| PRIVATE EQUITY MANAGERS 2013 OFFSHORE, L.P. (C) | AT COST | 119,422 | 104,934 |
| U.S. REAL PROPERTY INCOME FUND, L.P. (C) | AT COST | 491,165 | 509,863 |
| VINTAGE VI OFFSHORE HOLDINGS LP (C) | AT COST | 356,797 | 346,237 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,935 | 0 | 1,935 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSE | 2,968 | 0 | 2,968 | |
| OTHER INVESTMENT EXPENSES | 6,344 | 6,344 | 0 | |
| TELEPHONE EXPENSE | 1,797 | 0 | 1,797 | |
| CONTRACT LABOR | 441 | 0 | 441 | |
| DUES AND SUBSCRIPTIONS | 1,500 | 0 | 1,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INVESTMENT INCOME | 65,832 | 65,832 | 65,832 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 106,441 | 106,441 | 0 | |
| CONSULTING FEES | 15,712 | 0 | 15,712 | |
| OTHER PROFESSIONAL FEES | 5,040 | 0 | 5,040 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 34 | 34 | 0 | |
| FEDERAL ESTIMATED TAXES | 36,000 | 0 | 0 | |
| PAYROLL TAXES | 11,081 | 0 | 11,081 |