| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 500 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKSTONE ALTERNTV MULTI STRATEGY | AT COST | 125,005 | 125,457 |
| BRANDES INTERNATIONAL SMALL CAP | AT COST | 43,910 | 41,541 |
| DOUBLELINE TOTAL RETURN BOND FD | AT COST | 149,236 | 145,215 |
| EATON VANCE ATLANTA CAP SMID CAP FD | AT COST | 64,082 | 73,286 |
| FEDERATED STRATEGIC VALUE DIVIDEND | AT COST | 101,694 | 99,866 |
| GOTHAM NEUTRAL FUND | AT COST | 92,029 | 81,076 |
| JOHCM INTERNATIONAL SELECT FUND CL I | AT COST | 111,921 | 96,326 |
| T ROWE PRICE INSTL LARGE CAP GROWTH | AT COST | 85,592 | 98,257 |
| JOHN HANCOCK DISCIPLINED VALUE 1 | AT COST | 151,131 | 143,264 |
| J P MORGAN US EQUITY FUND | AT COST | 184,060 | 176,188 |
| MAINSTAY ICAP INTERNATIONAL FD | AT COST | 51,290 | 45,243 |
| OPPENHEIMER DEV MARKETS FD CLASS Y | AT COST | 55,194 | 46,346 |
| PIMCO INV GRADE CORP BOND INSTL | AT COST | 197,913 | 183,655 |
| THE OSTERWEIS STRATEGIC INCOME FD | AT COST | 55,293 | 49,907 |
| VANGUARD BACKED SECURITIES INDX ADM | AT COST | 64,168 | 63,662 |
| WASATCH LONG/SHORT FUND | AT COST | 117,651 | 85,535 |
| WELLS FARGO ABSOLUTE RETURN INST | AT COST | 171,741 | 155,522 |
| ISHARES TRUST CORE US TREASURY BOND ETF | AT COST | 201,753 | 199,627 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 15,055 | 15,055 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 2014 FORM 990-PF TAX | 1,430 | 1,430 | 0 | |
| 2015 ESTIMATED TAX | 1,570 | 1,570 | 0 |