| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 975 | 500 | 475 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SBC COMMUNICATIONS 5.100% 9/15/14 | ||
| AMGEN INC 1.875% 11/15/14 | ||
| BERKSHIRE HATHAWAY 3.200% 2/11/15 | ||
| CISCO SYSTEMS INC 5.500% 2/22/16 | 43,153 | 39,170 |
| AMAZON.COM INC 1.200% 11/29/17 | 39,967 | 39,817 |
| JPMORGAN CHASE & CO 1.625% 5/15/18 | 40,008 | 39,688 |
| IBM CORP 5.700% 9/14/17 | ||
| COCA-COLA CO 5.750% 3/15/11 | ||
| CITIGROUP INC V-Q 1.975% 5/15/18 | ||
| MERCK & CO INC 5.000% 6/30/19 | 40,147 | 40,086 |
| CHEVRON CORP 2.427% 6/24/20 | 40,388 | 40,369 |
| WAL-MART STORES INC 3.250% 10/25/20 | 40,978 | 39,876 |
| UNITED PARCEL SVC 3.125% 1/15/21 | 39,609 | 39,574 |
| WELLS FARGO CO 4.600% 4/01/21 | 39,245 | 39,437 |
| BERKSHIRE HATHAWAY 3.750% 8/15/21 | 40,342 | 39,756 |
| RVB SUB-NOTES 8.000% 4/30/22 | 100,000 | 102,702 |
| APPLE INC 2.400% 5/03/23 | 38,006 | 39,222 |
| ISHARES BARCLAYS MBS BOND FUND | 40,048 | 40,081 |
| ISHARES BARCLAYS TIPS BOND FUND | 36,279 | 40,226 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WELLS FARGO & CO 8.000% PFD SER J | ||
| AMERICAN EXPRESS COMPANY | 30,775 | 41,658 |
| APPLE INC | 27,829 | 84,160 |
| BANK OF AMERICA CORP | 43,004 | 44,473 |
| BANK OF NY MELLON CORP | 42,940 | 45,747 |
| BERKSHIRE HATHAWAY INC | 57,531 | 117,055 |
| CHEVRON CORPORATION | 55,630 | 55,953 |
| COCA-COLA COMPANY | ||
| COMCAST CORPORATION | 29,326 | 66,455 |
| COSTCO WHOLESALE CORP | 38,209 | 78,875 |
| CVS CAREMARK CORP | 38,767 | 75,933 |
| DEERE & COMPANY | ||
| DOW CHEMICAL COMPANY | 22,086 | 44,671 |
| DU PONT E I NEMOURS & CO | 21,060 | 36,132 |
| DUKE ENERGY CORP | 52,152 | 56,778 |
| EOG RESOURCES INC | 23,544 | 39,135 |
| EXXON-MOBIL CORPORATION | 89,130 | 78,374 |
| GENERAL ELECTRIC COMPANY | 32,969 | 56,461 |
| GILEAD SCIENCES INC | 42,878 | 48,588 |
| GOOGLE INC | 39,851 | 48,064 |
| GOOGLE INC CLASS C | 39,629 | 46,325 |
| HONEYWELL INTL INC | 42,931 | 41,808 |
| IBM CORPORATION | ||
| ILL TOOL WORKS INC | 51,729 | 50,026 |
| INTEL CORPORATION | 29,889 | 38,019 |
| JOHNSON & JOHNSON | 58,597 | 83,816 |
| JP MORGAN CHASE & CO | 23,960 | 48,855 |
| MCDONALDS CORPORATION | ||
| MERCK & CO INC | 50,103 | 62,794 |
| MICROSOFT CORP | 36,269 | 65,254 |
| NIKE INC | 35,798 | 75,182 |
| NORTHROP GRUMMAN CORP | 42,864 | 40,768 |
| PEPSICO INC | 41,400 | 60,764 |
| PFIZER INC | 54,190 | 62,969 |
| PHILIP MORRIS INTL | 54,067 | 72,875 |
| PROCTOR & GAMBLE COMPANY | 30,585 | 39,042 |
| QUALCOMM INC | ||
| VERIZON COMMUNICATIONS | 77,014 | 81,614 |
| WALT DISNEY COMPANY | 23,451 | 70,538 |
| WASTE MANAGEMENT INC | 35,817 | 45,794 |
| WELLS FARGO & COMPANY | 40,193 | 87,959 |
| ISHARES MSCI EAFE ETF | 616,143 | 707,596 |
| ISHARES RUSSELL 2000 GROWTH | 130,439 | 250,111 |
| ISHARES RUSSELL 2000 VALUE | 159,883 | 239,096 |
| VANGUARD FTSE EMERG MKTS ETF | 143,644 | 156,693 |
| VANGUARD MID-CAP GROWTH ETF | 126,822 | 241,061 |
| VANGUARD MID-CAP VALUE ETF | 126,027 | 234,576 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MUTUAL FUND DIVIDEND RECEIVABLE | 14,385 | ||
| ACCRUED INTEREST PAID CARRYOVER |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MGT AND TRUST FEES | 37,438 | 34,938 | 2,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD ON DIVIDEND | 495 | 495 | ||
| EXCISE TAX ON INVESTMENT INCOME | 1,250 |