| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 1,900 | 850 | 850 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 1,211.8128 STERLING CAPITAL EQUITY INCOME FUND INSTL CL | AT COST | 21,950 | 20,140 |
| 152.8717 SHS T. ROWE PRICE MID CAP GROWTH FUND | AT COST | 9,611 | 11,209 |
| 645.5862 SHS MFS INTERNATIONAL VALUE FUND I | AT COST | 21,230 | 23,060 |
| 466.4386 SHS HARBOR INTERNATIONAL FUND | AT COST | 29,876 | 27,721 |
| 967.9799 SHS TOUCHSTONE SANDS CAPITAL INST GROWTH FUND | AT COST | 20,380 | 20,502 |
| 856.5386 SHS HARDING LOEVNER EMERGING MARKET FUND CLASS I | AT COST | 14,900 | 12,814 |
| 516.8980 SHS PIMCO INCOME INSTITUTIONAL FUND | AT COST | 6,376 | 6,063 |
| 2,124.8500 SHS VANGUARD DEVELOPED MARKETS INDEX ADMIRAL FUND | AT COST | 27,557 | 25,116 |
| 55.4222 SHS STERLING CAP STRATTON SMALL-CAP VALUE FUND | AT COST | 4,100 | 3,873 |
| 324.8370 SHS VANGUARD ADMIRAL INDEX 500 FUND | AT COST | 56,020 | 61,225 |
| 309.9284 SHS VANGUARD EXTENDED MARKET INDEX FUND | AT COST | 20,304 | 19,705 |
| 4,020.0360 SHS FEDERATED TOTAL RETURN BOND INSTL | AT COST | 44,300 | 42,813 |
| 3,807.8054 SHS METROPOLITAN WEST TOTAL RETURN BOND CL | AT COST | 41,400 | 40,439 |
| 1,436.9004 SHS RBB FUND INC BOSTON PARTNERS LONG/SHORTRESH FUND INSTL CLASS | AT COST | 21,564 | 21,424 |
| 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 | 4,298 | 4,298 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES ON ORGANIZATION FROM 2014 | 1,200 | 0 | 0 | |
| FOREIGN TAX | 130 | 130 | 0 |