| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION FEES | 8,500 | 6,375 | 2,125 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LEHMAN BROS HLDG 4.25% ESCROW PENDING | 33,041 | 3,625 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MERRILL LYNCH 6.45% PFD 12/15/86 | 11,775 | 12,712 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERICAN CENTURY INFLATION ADJUSTED BOND FUND | AT COST | 74,799 | 71,638 |
| BAIRD CORE PLUS BD INST | AT COST | 231,511 | 225,060 |
| DOUBLELINE EMERG MKTS INCOME FD | AT COST | 46,484 | 42,261 |
| DOUBLELINE TOTAL RETURN BD FD | AT COST | 150,705 | 147,883 |
| FIDELITY STRATEGIC INCOME FUND | AT COST | 164,896 | 152,219 |
| FMI INTL FD | AT COST | 96,666 | 92,410 |
| GUGGENHEIM ETF S&P 500 EQUAL WEIGHT ETF | AT COST | 37,144 | 65,221 |
| ISHARES S&P 500 GROWTH INDEX FUND | AT COST | 31,840 | 58,711 |
| ISHARES TR MSCI EAFE ETF | AT COST | 97,017 | 91,394 |
| ISHARES TR MSCI EAFE SMALL-CAP ETF | AT COST | 14,092 | 16,134 |
| JANUS RESEARCH FUND | AT COST | 86,749 | 111,081 |
| LORD ABBETT SHORT DUR INCOME FUND | AT COST | 70,210 | 69,566 |
| METROPOLITAN WEST TOTAL RETURN BOND | AT COST | 196,205 | 192,391 |
| OPPENHEIMER DEVELOPING MARKETS FUND | AT COST | 22,205 | 19,249 |
| PIMCO INCOME FUND | AT COST | 26,537 | 25,240 |
| POWERSHARES FTSE RAFI US 1500 SML MID ETF | AT COST | 10,413 | 16,243 |
| RIDGEWORTH SEIX TOTAL RETURN BOND | AT COST | 102,192 | 100,462 |
| SCHWAB DIVIDEND EQUITY FUND | AT COST | 73,742 | 77,326 |
| SECTOR SPDR ENERGY SELECT | AT COST | 25,852 | 20,336 |
| SECTOR SPDR TECHNOLOGY SELECT | AT COST | 20,023 | 35,292 |
| SPDR S&P 500 ETF | AT COST | 14,738 | 26,503 |
| SPDR S&P 500 REGIONAL BANKING ETF | AT COST | 19,980 | 26,535 |
| VANGUARD SHORT TERM INVESTMENT GRADE FUND | AT COST | 49,058 | 48,322 |
| VANGUARD SMALL CAP GROWTH ETF | AT COST | 8,067 | 14,573 |
| VANGUARD SMALL CAP VALUE ETF | AT COST | 7,222 | 17,087 |
| VANGUARD STRATEGIC EQUITY FUND | AT COST | 33,327 | 30,380 |
| WISDOMTREE INTL SMALLCAP DIVIDEND ETF | AT COST | 21,301 | 26,873 |
| WISDOMTREE LARGECAP DIVIDEND ETF | AT COST | 31,533 | 61,607 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME REPORTED ON TAX RETURN NOT YET RECEIVED | 147 | 157 | 157 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE REGISTRATION FEES | 25 | 0 | 25 | |
| OTHER EXPENSES | 107 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 7,506 | 7,506 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 363 | 363 | 0 | |
| FEDERAL EXCISE TAX | 3,000 | 0 | 0 |