| 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 Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBEY NATL TREAS SVCS PLC - 1. | 175,000 | 175,159 |
| AMERICAN EXPRESS CR CORP - 2.8 | 356,146 | 354,459 |
| AUTOZONE - 1.300% - 01/13/2017 | 399,920 | 399,468 |
| BANK AMER FDG - 6.500% - 08/01 | 343,758 | 339,626 |
| BEST BUY INC NT - 3.750% - 03/ | 253,438 | 250,900 |
| CAPITAL ONE FINL CORP - 6.150% | 600,075 | 592,809 |
| CITIGROUP INC - 0.551% - 06/09 | 597,719 | 598,229 |
| CNOOC FIN - 1.125% - 05/09/201 | 199,862 | 199,664 |
| DAIMLER AG - 1.125% - 03/10/20 | 224,404 | 223,292 |
| DIRECTV HLDGS LLC DIRECTV - 2. | 359,821 | 352,818 |
| DUKE ENERGY - 0.000% - 04/03/2 | 200,000 | 199,336 |
| EBAY INC - 1.350% - 07/15/2017 | 298,476 | 297,627 |
| EXPRESS SCRIPTS INC - 3.125% - | 304,047 | 302,001 |
| EXXON MOBIL - 0.921% - 03/15/2 | 350,000 | 349,598 |
| FORD - 3.984% - 06/15/2016 | 229,707 | 227,498 |
| FORD MOTOR CREDIT - 4.207% - 0 | 373,590 | 352,804 |
| GE CAP CORP EMTN - 1.250% - 11 | 350,200 | 350,565 |
| GENERAL MOTORS - 2.750% - 05/1 | 608,118 | 601,751 |
| GLENCORE FDG - 1.700% - 05/27/ | 351,456 | 346,500 |
| HCP INC MTN - 6.700% - 01/30/2 | 275,900 | 271,843 |
| JPMORGAN CHASE & CO - 3.450% - | 517,745 | 513,131 |
| KELLOGG CO - 1.875% - 11/17/20 | 302,613 | 301,963 |
| MCKESSON CORP BOND - 1.292% - | 349,716 | 349,017 |
| PEPSICO INC NOTE - 1.000% - 10 | 374,209 | 373,046 |
| PNC FUNDING CORP - 2.700% - 09 | 553,938 | 550,352 |
| THERMO FISHER SCIENTIFIC NT - | 102,782 | 100,548 |
| TRANSCANADA PIPELINES LIMITED | 575,115 | 574,005 |
| VALE OVERSEAS LIMITED NOTE - 6 | 325,500 | 299,865 |
| VERIZON COMMUNICATIONS SR NT - | 400,000 | 398,316 |
| WHIRLPOOL CORP - 1.350% - 03/0 | 250,793 | 248,535 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALPHABET INC CL A | 809,242 | 1,195,023 |
| ALPHABET INC CL C | 804,142 | 1,168,675 |
| FACEBOOK INC | 1,819,038 | 4,710,642 |
| TESLA MOTORS INC | 707,506 | 816,034 |
| TWITTER INC | 796,853 | 499,639 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 51,324 | 51,324 | ||
| State or Local Filing Fees | 25 | 25 | ||
| FOUNDATION DUES & MEMBERSHIPS | 750 | 750 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 8,766 | 8,766 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 35,900 |