| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,903 | 3,903 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SEE ATTACHED SCHEDULE | PURCHASE | 908,911 | 967,453 | -58,542 | ||||||
| SEE ATTACHED SCHEDULE | PURCHASE | 479,946 | 342,748 | 137,198 | ||||||
| SEE ATTACHED SCHEDULE | PURCHASE | 1,455,729 | 839,815 | 615,914 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADA/CYN | ||
| APLINE UT | 148,875 | 156,260 |
| CAL STATE | 59,341 | 60,882 |
| CNTRL YK PA SCH | 25,098 | 25,418 |
| CORBIN KY | 98,000 | 103,163 |
| DETROIT MI | ||
| ELK RIVER | 100,000 | 103,557 |
| GLOUCESTER CNTY NJ | 50,000 | 53,017 |
| GLOUCESTER CNTY NJ | 49,110 | 52,689 |
| GREENVILLE | 100,000 | 100,233 |
| INDIANAPOLIS IN GAS UTIL | 98,640 | 109,880 |
| KATY TX IND SCH | 241,500 | 271,578 |
| L'HGH PA | ||
| LINDENHURST NY | 60,399 | 63,272 |
| LAKE COUNTY IN GO | 149,550 | 153,270 |
| LOWER MORELAND TWP | ||
| MELBOURNE FL WTR & SWR IMPT | 100,000 | 105,203 |
| MORGAN STANLEY CAP TR V | ||
| OKSTD FL | ||
| OMAHA NE | 100,000 | 103,439 |
| POTTAWATOMIE CO KS UNI SCH | 100,000 | 102,318 |
| ROCKVILLE CENTRE NY | 25,174 | 26,323 |
| SC | ||
| SOUTHEAST AL GAS DIST GEN REV | 148,500 | 153,527 |
| SHAKOPEE MN | ||
| SUMTER COUNTY FL SCH BRD COPS | 148,575 | 153,449 |
| SOMERSET NJ | 25,000 | 26,160 |
| USC | ||
| WEST TISBURY MA | 50,000 | 51,399 |
| WILLMAR MN WTR REV | 100,000 | 100,229 |
| WILLIAMSON COUNTY TX GO | 99,200 | 100,442 |
| WYANDOTTE MI CITY SCH DIST | 50,000 | 50,116 |
| FFCB | 49,873 | 49,695 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | ||
| ABBVIE INC | 21,045 | 21,149 |
| AFFILIATED MANAGERS GROUP | 53,308 | 45,532 |
| ALPHABET INC | 80,793 | 108,921 |
| ALTRIA GROUP INC | ||
| AMERIPRISE FINANCIAL INC | 61,934 | 49,485 |
| APPLE INC | 96,646 | 86,840 |
| AT&T INC | 15,434 | 15,347 |
| AVAGO TECHNOLOGIES LTD | 56,962 | 62,415 |
| BAXTER INTERNATIONAL INC | ||
| BERKSHIRE HATAWAY IC | 51,571 | 46,214 |
| BLACKROCK INC | 7,112 | 15,323 |
| BOEING CO | 33,799 | 36,870 |
| CELGENE CORP | 52,647 | 56,287 |
| CERNER CORP | 40,969 | 38,509 |
| CHEVRON CORP | 3,749 | 16,103 |
| CHIPOTLE MEXICAN GRILL INC | 38,390 | 29,751 |
| CHUBB CORP | 47,093 | 61,014 |
| CISCO SYSTEMS INC | 15,203 | 16,402 |
| CITIGROUP INC | 47,752 | 45,281 |
| CMS ENERGY CORP | 13,284 | 14,432 |
| CONOCOPHILLIPS | ||
| COSTCO WHOLESALE CORP | 46,278 | 53,295 |
| CROWN CASTLE INTERNATIONAL CORP | 10,372 | 11,239 |
| DANAHER CORP | 45,928 | 50,155 |
| DFA INTERNATIONAL SMALL CAP VALUE I | 205,000 | 195,422 |
| DFA US SMALL CAP | 192,031 | 178,947 |
| DIGITAL REALTY TRUST | 15,123 | 16,788 |
| DISNEY WALT CO | 46,043 | 53,591 |
| DOMINION RESOURCES INC | 50,515 | 46,536 |
| DOW CHEMICAL CO | 14,707 | 17,709 |
| DU PONT E I DE NEMOURS & CO | ||
| DUKE ENERGY CORP | 11,759 | 11,422 |
| ECOLAB INC | 46,678 | 45,752 |
| EMERSON ELECTRIC CO | 20,010 | 14,827 |
| ENBRIDGE INC | 18,778 | 13,608 |
| ENERGY SELECT SECTOR SPDR FUND | 48,338 | 43,913 |
| EOG RESOURCES INC | 56,892 | 43,182 |
| EXPRESS SCRIPTS HOLDING CO | 48,679 | 52,009 |
| EXXON MOBIL CORP | 47,836 | 45,991 |
| FACEBOOK INC | 50,776 | 67,506 |
| FEDEX CORP | 49,018 | 48,422 |
| FORD MOTOR CO | 18,816 | 18,937 |
| GENERAL ELECTRIC CO | 79,184 | 94,104 |
| GILEAD SCIENCES INC | 45,839 | 46,547 |
| GOOGLE INC | ||
| HASBRO INC | 12,247 | 14,280 |
| INTEL CORP | 22,025 | 22,461 |
| INTERNATIONAL BUSINESS MACHINES | ||
| INTERNATIONAL PAPER CO | ||
| IVY INTERNATIONAL CORE EQUITY | 16,347 | 12,743 |
| IVY INTERNATIONAL CORE EQUITY | 835,000 | 791,128 |
| JOHNSON & JOHNSON | 22,614 | 21,366 |
| JP MORGAN CHASE & CO | 30,612 | 89,074 |
| KIMBERLY CLARK CORP | 14,805 | 16,804 |
| KOHLS CORP | 14,976 | 12,955 |
| KROGER CO | 47,821 | 55,634 |
| LORILLARD INC | ||
| LOWES COS INC | 46,795 | 55,509 |
| MARATHON PETE CORP | ||
| MCDONALDS CORP | 4,799 | 23,628 |
| MEDTRONIC INC | ||
| MEDTRONIC PLC | 54,458 | 55,767 |
| MERCK & CO INC | 18,827 | 16,691 |
| METLIFE INC | ||
| MICHAEL KORS HOLDINGS | ||
| MICROSOFT CORP | 70,947 | 83,220 |
| NATIONAL OIL WELL VARCO INC | ||
| NIKE INC | 38,094 | 46,250 |
| NOVARTIS AG ADR | 18,477 | 24,177 |
| OPPENHEIMER DEVELOPIN MARKETS | 270,204 | 232,346 |
| ORACLE CORP | 4,386 | 40,183 |
| PEPSICO INC | 63,276 | 64,748 |
| PFIZER INC | 22,354 | 24,016 |
| PHILIP MORRIS INTERNATIONAL INC | 22,202 | 23,912 |
| PHILLIPS 66 | ||
| PNC FINANCIAL SERVICES GROUP INC | 67,568 | 73,484 |
| PRICELINE GROUP INC | 40,597 | 44,623 |
| PROCTER & GAMBLE CO | 11,722 | 11,276 |
| PRUDENTIAL FINANCIAL INC | 20,470 | 19,213 |
| QUALCOM INC | 15,428 | 11,497 |
| REYNOLDS AMERICAN INC | 15,451 | 19,383 |
| RLJ LODGING TRUST | 16,772 | 11,291 |
| ROGERS CMMUNICATIONS INC | 18,947 | 17,092 |
| ROYAL DUTCH SHELL | ||
| SALESFORCE.COM INC | 45,590 | 58,957 |
| SCANA CORP | 13,485 | 14,397 |
| SCHLUMBEGER | 53,444 | 40,455 |
| SEAGATE TECHNOLOGY PLC | 11,768 | 7,772 |
| SIMON PROPERTY GROUP INC | ||
| STARBUCKS CORP | 27,878 | 42,021 |
| T ROWE PRICE GROUP INC | ||
| T ROWE PRICE MID-CAP GROWTH | 235,000 | 231,862 |
| TARGET CORP | 14,913 | 17,717 |
| THERMO FISHER SCIENTIFIC | 59,303 | 65,960 |
| TJX COS INC | 41,216 | 45,737 |
| TRANSCANADA CORP | 15,403 | 11,439 |
| TRAVELERS COMPANIES INC | 10,965 | 12,189 |
| UNION PACIFIC CORP | 44,819 | 28,543 |
| UNITED PARCEL SERVICE INC | ||
| UNITED TECHNOLOGIES CORP | ||
| UNITEDHEALTH GROUP INC | 46,791 | 55,879 |
| VANGUARD INFORMATION TECHNOLOGY | ||
| VANGUARD MID CAP | 160,589 | 156,143 |
| VANGUARD S&P 500 | 425,734 | 429,939 |
| VENTAS INC | 23,311 | 22,684 |
| VERIZON COMMUNICATIONS INC | 66,000 | 61,611 |
| VISA INC | 44,940 | 54,285 |
| VMWARE INC | ||
| WAL-MART STORES INC | ||
| WALGREENS BOOTS ALLIANCE | 43,892 | 53,648 |
| WELLS FARGO & CO COMPANY | 49,546 | 50,555 |
| WILLIAMS COS INC | 14,790 | 7,916 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 3,104 | 3,104 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| SUPPLIES | 577 | 577 | ||
| OFFICE SUPPLIES | 419 | 419 | ||
| MISCELLANEOUS EXPENSE | 4,286 | 3,781 | ||
| POSTAGE | 88 | 88 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRUSTEE FEES | 39,905 | 9,976 | 29,929 | |
| OTHER PROFESSIONAL SERVICES | 1,575 | 1,575 | ||
| INVESTMENT FEES | 20,089 | 20,089 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL REPORT | 40 | |||
| INCOME TAXES | 224 | |||
| FOREIGN TAXES WITHHELD | 2,158 | 2,158 |