| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CARL B BINDMAN CPA PC | 2,500 | 0 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DELL INC | 24,969 | 25,063 |
| PEPSICO | 0 | 0 |
| GENENTECH INC | 0 | 0 |
| CISCO | 24,483 | 25,160 |
| CVS CAREMARK CORP | 25,381 | 26,470 |
| KELLOGG CO | 25,080 | 25,011 |
| STATOIL ASA | 25,325 | 25,643 |
| ABBVIE INC | 50,036 | 49,903 |
| CONAGRA FOODS INC SR | 25,132 | 24,924 |
| CELGENE CORP | 50,314 | 50,348 |
| AMPHENOL CORP | 50,073 | 50,009 |
| EXPRESS SCRIPTS | 49,617 | 49,706 |
| KLA TENCOR CORP | 75,421 | 75,771 |
| ZIMMER HOLDINGS | 75,172 | 74,057 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BBH LIMITED DURATION FUND CL N | 559,833 | 545,313 |
| BED BATH & BEYOND INC | 27,164 | 22,919 |
| COMCAST CORP CL A | 17,876 | 48,247 |
| DISCOVERY COMMUNICATIONS C | 22,398 | 21,185 |
| LIBERTY INTERACTIVE A | 11,092 | 26,145 |
| TARGET CORP | 0 | 0 |
| DIAGEO PLC | 15,985 | 29,994 |
| NESTLE S A SPONS ADR | 19,573 | 38,698 |
| UNILEVER N V NY SHARES | 15,105 | 17,111 |
| WAL-MART STORES INC | 2,036 | 10,115 |
| CALIFORNIA RESOURCES CORP | 0 | 0 |
| EOG RESOURCES INC | 16,998 | 26,900 |
| OCCIDENTAL PETROLEUM CORP | 23,416 | 22,649 |
| SCHLUMBERGER LTD | 24,223 | 22,669 |
| SOUTHWSTN ENERGY CO | 33,353 | 6,399 |
| BERKSHIRE HATHAWAY INC | 35,838 | 58,758 |
| CHUBB CORP | 2,137 | 6,632 |
| PROGRESSIVE CORP OHIO | 12,275 | 32,754 |
| US BANCORP | 28,059 | 49,711 |
| WELLS FARGO & CO | 25,551 | 46,750 |
| BAXALTA INC | 12,702 | 22,715 |
| BAXTER INTL INC | 0 | 0 |
| DENTSPLY INTL INC | 5,111 | 10,770 |
| NOVARTIS AG ADR | 26,906 | 44,311 |
| HENRY SCHEIN INC | 6,144 | 15,819 |
| ZOETIS INC | 26,484 | 41,930 |
| WASTE MANAGEMENT INC | 8,496 | 14,730 |
| EBAY INC | 1,205 | 6,870 |
| ALPHABET INC FORMERLY GOOGLE | 18,860 | 43,256 |
| MICROSOFT CORP | 15,273 | 35,785 |
| ORACLE CORP | 48,007 | 44,786 |
| PAYPAL HOLDINGS INC | 6,893 | 14,661 |
| QUALCOMM INC | 34,942 | 29,241 |
| CELANESE CORP | 12,457 | 19,189 |
| PRAXAIR INC | 24,622 | 23,552 |
| LONGLEAF PARTNERS SMALL CAP FD | 74,300 | 78,420 |
| BBH INTERNTL EQUITY FUND | 129,872 | 149,656 |
| AIT GLOBAL EMERG MKTS OPP FUND | 192,000 | 168,407 |
| T ROWE PRICE NEW ASIA FUND | 0 | 0 |
| BOLLORE SA | 16,951 | 35,009 |
| PERRIGO CO | 18,134 | 18,088 |
| TORAY INDUSTRIES INC | 0 | 0 |
| NOVOZYMES AS SHS B | 15,391 | 47,935 |
| TOMRA SYSTEMS ASA | 15,348 | 21,220 |
| ALPHABET INC FORMERLY GOOGLE | 42,287 | 58,351 |
| APPLE INC | 10,024 | 49,999 |
| APTARGROUP | 18,425 | 43,590 |
| CDK GLOBAL | 0 | 0 |
| AUTOMATIC DATA PROCESSING | 22,983 | 42,360 |
| CVS CAREMARK | 26,393 | 87,993 |
| DANAHER CORP | 18,395 | 18,576 |
| WALT DISNEY CO | 18,964 | 18,389 |
| CISCO | 0 | 0 |
| CLEAN HARBORS INC | 0 | 0 |
| EMC CORP MASS | 17,034 | 38,520 |
| EMERSON ELECTRIC | 0 | 0 |
| F5 NETWORKS INC | 25,654 | 33,936 |
| HELMERICH & PAYNE | 0 | 0 |
| IPG PHOTONICS CORP | 4,437 | 37,893 |
| ILLUMINA INC | 16,235 | 57,584 |
| INTEL CORP | 0 | 0 |
| JOHNSON AND JOHNSON | 22,773 | 41,088 |
| JOHNSON CTLS INC | 32,100 | 38,503 |
| KINGFISHER ADR | 19,467 | 16,998 |
| KROGER | 37,419 | 50,196 |
| LABORATORY CORP AMER HOLDINGS | 0 | 0 |
| MASTERCARD | 36,260 | 46,246 |
| NESTLE | 20,734 | 44,686 |
| NOVARTIS | 25,179 | 43,020 |
| PROCTOR AND GAMBLE | 26,569 | 39,705 |
| QUALCOMM INC | 31,385 | 23,743 |
| ROCKWELL AUTOMATION | 33,211 | 35,914 |
| SCHLUMBERGER LTD | 0 | 0 |
| SEATTLE GENETICS | 0 | 0 |
| SIERRA WIRELESS | 25,631 | 19,282 |
| SIRONA DENTAL | 18,353 | 21,914 |
| SUNOPTA INC | 42,905 | 26,505 |
| TARGET | 36,221 | 41,751 |
| TEVA PHARMACEUTICAL | 28,423 | 45,948 |
| VARIAN MEDICAL | 0 | 0 |
| WASTE MANAGEMENT | 27,359 | 29,354 |
| XYLEM INC | 24,992 | 28,288 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| WEB HOSTING | 254 | 0 | 0 | 254 |
| ADMINISTRATIVE EXPENSE | 5,000 | 0 | 0 | 5,000 |
| DUES | 500 | 0 | 0 | 500 |
| OFFICE EXPENSE | 41 | 0 | 0 | 41 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 21,510 | 21,510 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 1,949 | 1,949 | 0 | 0 |
| FEDERAL TAXES | 11,272 | 0 | 0 | 0 |
| ANNUAL REPORT | 25 | 0 | 0 | 25 |