| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO | 3,416 | 3,163 |
| ABBOTT LABS | 679 | 629 |
| ABBVIE INC | 3,356 | 3,021 |
| ALTRIA GROUP INC | 7,078 | 7,975 |
| ANALOG DEVICES INC | 2,081 | 1,826 |
| APPLE INC | 5,227 | 4,210 |
| ARISTA NETWORKS | 5,233 | 5,838 |
| AUTOMATIC DATA PROCESSING INC | 1,404 | 1,356 |
| BB&T CP | 2,434 | 2,382 |
| BLACKROCK INC | 2,956 | 2,724 |
| BOEING CO | 5,244 | 5,350 |
| C H ROBINSON WORLDWIDE INC | 3,982 | 3,473 |
| CELANESE CORPORATION | 5,235 | 5,117 |
| CISCO SYSTEMS INC | 2,833 | 2,607 |
| COCA-COLA CO | 1,534 | 1,590 |
| CROWN CASTLE INTL | 2,602 | 2,680 |
| CROWN HOLDINGS INC | 5,209 | 4,766 |
| EMERSON ELECTRIC CO | 2,647 | 2,105 |
| FASTENAL COMPANY | 2,145 | 2,041 |
| FIRST EAGLE SOGEN GLOBAL FUND | 35,839 | 37,202 |
| GALLAGHER ARTHUR J & CO | 1,445 | 1,228 |
| GENERAL ELECTRIC CO | 1,938 | 2,212 |
| GRAND CANYON EDUCATION, INC | 5,213 | 4,855 |
| GREENBRIER CO INC | 5,223 | 2,838 |
| HASBRO INC | 1,656 | 1,549 |
| HEALTH CARE REIT INC | 2,541 | 2,449 |
| HOME DEPOT INC | 8,072 | 9,522 |
| JOHNSON & JOHNSON | 2,378 | 2,465 |
| JP MORGAN CHASE | 3,211 | 3,235 |
| KIMBERLY CLARK CORP | 2,792 | 3,183 |
| KROGER CO | 5,176 | 5,940 |
| LOCKHEED MARTIN CORP | 2,307 | 2,606 |
| LYONDELLBASELL INDUSTRIES NV | 2,174 | 1,825 |
| MASCO CORP | 4,578 | 5,349 |
| MAXIM INTEGRATED PRODS INC | 1,542 | 1,710 |
| MDU RESOURCES GROUP | 16,594 | 14,655 |
| MERCK & CO INC | 2,839 | 2,535 |
| MICROSOFT CORP | 3,441 | 3,995 |
| NEXTERA ENERGY, INC | 2,845 | 2,909 |
| OCCIDENTAL PETROLEUM CORP | 2,668 | 2,502 |
| PAYCHEX | 3,196 | 3,438 |
| PEPSICO INC | 3,038 | 3,098 |
| PFIZER INC | 2,891 | 2,744 |
| PHILIP MORRIS INTL | 949 | 967 |
| PNC FINANCIAL GROUP INC | 2,712 | 2,764 |
| PUBLIC STORAGE INC | 1,610 | 1,982 |
| QUALCOMM INC | 1,988 | 1,400 |
| ROSS STORES, INC | 5,221 | 5,811 |
| SERVICEMASTER GLOBAL HOLDINGS | 3,945 | 4,238 |
| SHELL TRANSPORT PLS | 5,216 | 3,376 |
| SOUTHWEST AIRLINES | 3,994 | 4,220 |
| SPECTRA ENERGY CORP-W/I | 3,092 | 2,202 |
| T. ROWE PRICE ASSOCIATES | 2,036 | 1,787 |
| TARGET CORPORATION | 1,948 | 1,670 |
| TEEKAY TANKERS CL A | 3,956 | 4,286 |
| TEMPUR PEDIC INTERNATIONAL INC | 5,196 | 5,989 |
| THE JM SMUCKER COMPANY | 1,180 | 1,233 |
| TOPBUILD CORP | 616 | 646 |
| UNITED PARCEL SERVICE | 3,906 | 3,657 |
| VALERO ENERGY CORP | 5,227 | 6,222 |
| VENTAS INC | 2,570 | 2,483 |
| WEC ENERGY GROUP, INC | 2,366 | 2,514 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 5,000 | 5,000 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 2,299 | 2,299 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 1,022 | |||
| 990-PF Excise Tax for 2014 | 722 | |||
| Foreign Tax Paid | 2 | 2 |