| 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 |
|---|---|---|
| BARCLAYS BANK PLC IDX A ZRO LK | 84,999 | 79,508 |
| BERKSHIRE HATHAWAY - 0.031% - | 50,111 | 49,956 |
| BOA - 1.700% - 08/25/2017 | 49,948 | 49,857 |
| CELGENE CORP - 2.875% - 08/17/ | 49,814 | 49,623 |
| CITIGROUP INC - 1.550% - 08/14 | 49,930 | 49,809 |
| CITIGROUP MTN ZERO CPN - 0.000 | 77,000 | 77,370 |
| CNA FINL CORP - 6.500% - 08/15 | 55,975 | 51,483 |
| CREDIT SUISSE NEW YORK BRANCH | 84,999 | 89,564 |
| DEUTSCHE BK AG SR 08/08/2016 | 84,000 | 77,776 |
| DEUTSCHE BK AG SR 09/06/2016 | 84,999 | 89,649 |
| DIRECTV SR NT - 3.800% - 03/15 | 51,367 | 50,316 |
| DOW CHEMICAL CO THE NOTE - 4.2 | 26,814 | 26,169 |
| EBAY INC SR GLBL NT - 2.200% - | 49,408 | 49,432 |
| FISERV INC - 4.625% - 10/01/20 | 53,505 | 53,395 |
| HASBRO - 3.150% - 05/15/2021 | 50,456 | 49,860 |
| HEWLETT PACKARD CO NT - 0.000% | 50,337 | 50,040 |
| INGERSOLL-RAND - 6.875% - 08/1 | 59,439 | 55,190 |
| JP MORGAN CHASE BK 04/06/2016 | 84,999 | 89,657 |
| JP MORGAN CHASE BK 04/25/2016 | 84,000 | 78,876 |
| KROGER CO - 2.950% - 11/01/202 | 49,984 | 49,489 |
| LEGG MASON INC SR GLBL NT - 2. | 49,890 | 49,860 |
| MACYS NOTE - 3.450% - 01/15/20 | 49,950 | 49,728 |
| MCDONALDS - 2.750% - 12/09/202 | 49,908 | 49,966 |
| MS GLBL - 2.375% - 07/23/2019 | 49,772 | 49,833 |
| NETAPP INC NT - 3.375% - 06/15 | 49,842 | 48,823 |
| ROPER INDS INC - 2.050% - 10/0 | 49,663 | 49,695 |
| ROYAL BANK OF CANADA LNKD TO M | 79,000 | 73,399 |
| STANLEY BLACK & DECKER - 2.451 | 50,000 | 50,195 |
| THOMSON REUTERS CORPBOND - 0.8 | 50,040 | 49,961 |
| TYCO ELECTRONICS - 2.350% - 08 | 49,974 | 49,833 |
| UBS AG SR IDX ZRO LKD - 0.000% | 84,999 | 88,629 |
| VERIZON COMMUNICATIONS INC - 1 | 49,975 | 49,856 |
| WALGREENS BOOTS ALLIANCE - 3.3 | 50,635 | 49,037 |
| WELLS FARGO & CO SR IDX ZRO LK | 85,000 | 90,524 |
| WELLS FARGO - 0.026% - 12/07/2 | 74,846 | 74,631 |
| WELLS FARGO LNKD TO MSCI EAFE | 75,000 | 75,848 |
| WHIRLPOOL CORP - 1.350% - 03/0 | 49,879 | 49,707 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABERDEEN ASSET MANAGEMENT PLC | 30,699 | 20,853 |
| AETNA INC | 23,861 | 26,814 |
| ANTHEM INC | 31,864 | 32,490 |
| APPLE INC | 7,461 | 7,789 |
| AXIS CAPITAL HOLDINGS LTD | 28,976 | 31,033 |
| BANK NEW YORK MELLON CORP COM | 19,807 | 22,011 |
| BOEING CO | 27,073 | 30,942 |
| CARLISLE COS INC | 12,183 | 12,239 |
| CHECK POINT SOFTWARE TECHNOLOG | 8,039 | 9,440 |
| CISCO SYSTEMS INC | 28,860 | 29,246 |
| DISCOVERY COMMUNICATIONS, INC | 41,938 | 35,358 |
| DOVER CORP | 29,647 | 26,057 |
| EVEREST RE GROUP LTD | 24,096 | 27,464 |
| FOSSIL INC COM | 56,671 | 24,459 |
| FRANKLIN RES INC | 53,936 | 39,103 |
| GOLDMAN SACHS MLP ENERGY INFRA | 273,082 | 159,017 |
| GOLDMAN SACHS STRAT INC-INSTIT | 194,249 | 176,290 |
| GOLDMAN SACHS TACTICAL TILT IM | 874,999 | 812,039 |
| HONEYWELL INTL | 7,993 | 7,871 |
| MASTERCARD INC | 24,521 | 30,571 |
| MICROSOFT CORP | 6,553 | 8,488 |
| MSC INDUSTRIAL DRCT | 27,472 | 19,413 |
| NATL OILWELL VARCO | 58,960 | 42,030 |
| OAKMARK INTERNATIONAL FUND CL | 680,647 | 556,739 |
| ORACLE CORP | 74,358 | 65,900 |
| PARKER HANNIFIN CP | 73,477 | 60,031 |
| QUALCOMM INC | 32,756 | 25,742 |
| STATE STREET CORPORATION | 30,605 | 29,132 |
| SWISS RE LTD ADR | 35,534 | 38,251 |
| T. ROWE PRICE ASSOCIATES | 23,160 | 20,303 |
| TIME WARNER INC | 18,993 | 16,685 |
| UNITED TECHNOLOGIES CORP | 21,213 | 21,712 |
| VANGUARD FTSE DEVELOPED MARKET | 490,206 | 425,952 |
| VANGUARD FTSE EMERGING MARKETS | 170,448 | 125,606 |
| VANGUARD S&P 500 ETF | 475,165 | 504,711 |
| VANGUARD SM-CAP ETF | 246,963 | 235,110 |
| VERIZON COMMUNICATIONS | 14,011 | 13,219 |
| VISA INC | 21,364 | 30,942 |
| WALT DISNEY HOLDINGS CO | 10,710 | 12,715 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 40,826 | 40,826 | ||
| Bank Charges | 369 | 369 | ||
| CELL PHONE | 812 | 812 | ||
| Foundation Dues & Memberships | 7,000 | 7,000 | ||
| Office Supplies | 268 | 268 | ||
| Payroll Processing Fees | 1,544 | 1,544 | ||
| Postage/Delivery Service | 841 | 841 | ||
| State or Local Filing Fees | 25 | 25 | ||
| Website Hosting/Support | 867 | 867 | ||
| OFFICE EQUIPMENT | 582 | 582 | ||
| ANNUAL CREDIT CARD FEE | 19 | 19 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 43,794 | 43,794 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 2,100 | |||
| 990-PF Excise Tax for 2014 | 28,897 | |||
| Foreign Tax Paid | 699 | 699 |