| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| M+N Advisory Services LLC | 16,000 | 0 | 16,000 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMAZON COM INC 2.6% | 142,385 | 142,201 |
| BECTON DICKINSON 3.734% | 155,360 | 151,179 |
| EMC CORP MASS 1.875% | 118,324 | 116,630 |
| FEDEX CORP 4.9% | 159,094 | 154,528 |
| QUALCOMM INC 4.65% | 230,966 | 231,864 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Anadarko Petroleum Corp. | 304,043 | 201,704 |
| Avista Corp. | 94,130 | 136,175 |
| CVS Caremark Corp. | 98,469 | 308,464 |
| Celgene Corp. | 52,048 | 185,628 |
| Cerner Corp. | 90,704 | 264,748 |
| Cisco Systems, Inc. | 175,742 | 219,956 |
| Deere & Co | 228,106 | 199,827 |
| ETFS Gold Trust | 2,688,511 | 2,357,606 |
| Honda Motor Co., Ltd. | 108,920 | 111,851 |
| Kubota Corp ADR | 73,486 | 88,993 |
| Merchanats Bancshares Inc. | 201,882 | 217,281 |
| Novartis | 339,789 | 398,365 |
| Orbotech Ltd | 113,563 | 166,418 |
| PNC Financial Services Group, Inc. | 93,746 | 159,644 |
| Procter & Gamble Co. | 121,512 | 153,579 |
| Stryker Corp. | 117,942 | 192,851 |
| U S Bankcorp Del New | 122,965 | 157,879 |
| United Parcel Service B | 211,471 | 211,706 |
| Verizon Communications | 137,898 | 132,467 |
| Wells Fargo & Co. | 91,145 | 158,731 |
| Xerox Corp | 161,918 | 188,151 |
| ADT CORPORATION | 90,443 | 86,737 |
| ALLERGAN PLC | 361,373 | 355,625 |
| AMC NETWORKS | 60,168 | 52,799 |
| AUTODESK INC | 180,107 | 210,147 |
| BIOGEN INC | 302,104 | 292,564 |
| BROADCOM CORP | 178,591 | 205,550 |
| CITRIX SYSTEMS | 121,883 | 121,872 |
| COMCAST CORP | 421,269 | 377,968 |
| CREE RESEARCH | 180,914 | 197,145 |
| DISCOVERY COMMUNICATIONS | 92,753 | 81,080 |
| DOLBY CLA | 60,020 | 57,979 |
| FLUOR CORP | 241,248 | 243,561 |
| IMMUNOGEN INC | 59,874 | 46,762 |
| IONIS PHARMACEUTICALS INC | 59,355 | 67,070 |
| LIBERTY BROADBAND CORP S-A | 8,988 | 8,522 |
| LIBERTY BROADBAND CORP S-C | 17,967 | 17,269 |
| LIBERTY INTER CO VENTURE | 20,966 | 22,600 |
| LIBERTY INTERACTIVE CORP | 120,405 | 112,913 |
| LIBERTY MEDIA CORP SER A | 30,055 | 31,164 |
| LIBERTY MEDIA CORP SER C | 60,046 | 60,699 |
| MEDTRONIC PLC | 89,704 | 88,381 |
| NATIONAL OIL WELL | 119,907 | 97,221 |
| NOW INC | 60,138 | 54,769 |
| NUANCE COMMUNICATIONS | 60,190 | 66,035 |
| NUCOR CORP | 237,090 | 215,041 |
| PENTAIR PLC | 90,238 | 73,948 |
| SANDISK CORP | 188,061 | 238,533 |
| SEAGATE TECHNOLOGY | 292,070 | 221,170 |
| STARZ SERIES A | 30,397 | 26,264 |
| TE CONNECTIVITY LTD | 240,123 | 255,080 |
| TWITTER INC | 150,939 | 139,511 |
| TYCO INTL | 180,339 | 152,115 |
| UNITED HEALTH GP INC | 359,629 | 347,979 |
| VERTEX PHARMACEUTICALS | 119,193 | 110,227 |
| WEATHERFORD INTL | 299,976 | 239,258 |
| WESTERN DIGITAL CORP | 122,803 | 112,894 |
| ALPHABET INC | 108,966 | 159,365 |
| AUTOLIV INC | 176,705 | 168,440 |
| EMERSON ELECTRIC | 94,424 | 93,269 |
| FEDEX CORP | 122,413 | 122,917 |
| F5 NETWORKS INC | 110,463 | 111,504 |
| QUALCOMM INC | 187,379 | 146,956 |
| SANOFI SPOND | 248,898 | 227,325 |
| TIME WARNER INC | 122,345 | 119,640 |
| WHOLE FOODS MARKET | 178,062 | 140,700 |
| WOLVERINE WORLD WIDE | 101,505 | 91,905 |
| Description | Amount |
|---|---|
| Adjust for prior-year balances | 1,402 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Dues | 2,375 | 0 | 2,375 | |
| Filing Fee - Ohio | 200 | 0 | 200 | |
| Misc. Foreign Divd. Fees | 555 | 555 | 0 | |
| SPDR Gold Trust Investment Exps. | 4,681 | 4,681 | 0 | |
| ETFS Gold Trust Investment Exps. | 10,246 | 10,246 | 0 | |
| COMPUTER SOFTWARE LICENSE | 4,000 | 0 | 4,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AIS Capital Mgmt - Inv Mgmt Fees | 21,520 | 21,520 | 0 | |
| Morgan Stanley Sm Brny - Custody | 2,304 | 2,304 | 0 | |
| Prentiss Smith & Co - Inv Mgmt | 55,344 | 55,344 | 0 | |
| Philanthropic Archive Fees | 1,000 | 0 | 1,000 | |
| CLEARBRIDGE - INV MGMT FEES | 23,897 | 23,897 | 0 | |
| FOUNDATION MGMT INC - MGMT FEE | 43,750 | 0 | 43,750 | |
| M+N Advisory Services LLC | 41,600 | 0 | 41,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Dividend Taxes - Schwab | 5,247 | 5,247 | 0 | |
| Foreign Dividend Taxes - MSSB | 20 | 20 | 0 | |
| 2015 ESTIMATED TAXES PAID IN 2015 net of refund rec'd in 2015 | 6,000 | 0 | 0 |