| 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 |
|---|---|---|
| ACTELION LIMITED | 3,385 | 3,577 |
| ACXIOM CORPORATION | 7,018 | 7,134 |
| AIA GROUP LTD ADR | 11,319 | 11,474 |
| ALBANY INTERNATIONAL CORP | 3,504 | 3,399 |
| ALBANY MOLECULAR RESH INC | 5,514 | 5,637 |
| ALLIANZ SE ADR | 9,767 | 10,008 |
| AMERICAN STATES WATER CO | 6,959 | 7,048 |
| AON PLC | 3,209 | 3,135 |
| APOGEE ENTERPRISES, INC | 6,857 | 6,657 |
| ARM HOLDINGS PLC | 7,952 | 7,872 |
| ASHTEAD GROUP PLC | 3,447 | 3,489 |
| ASSA ABLOY UNSP/ADR | 4,443 | 4,844 |
| ASSOCIATED BRITISH FOODS PLC | 2,509 | 2,523 |
| AT HOME CORP | 847 | 838 |
| ATLAS COPCO AB A SHS ADR | 4,545 | 4,298 |
| BAIDU.COM - ADR | 13,459 | 12,666 |
| BANCFIRST CORPORATION | 4,743 | 4,514 |
| BANCO BILBAO ARG SA | 3,706 | 3,364 |
| BANCO ITAU HOLDING FINANCIERA | 5,326 | 4,342 |
| BAYER A G SPONSORED ADR | 5,246 | 4,994 |
| BAYERISCHE MOTOREN WERKE | 6,534 | 6,346 |
| BB SEGURIDADE | 3,515 | 2,622 |
| BBCN BANCORP INC | 5,975 | 6,354 |
| BG GROUP PLC ADS | 8,476 | 8,741 |
| BHP BILLITON LIMITED | 3,112 | 2,447 |
| BLACKROCK COREALPHA BOND INST | 668,350 | 651,494 |
| BOSTON PRIVATE FINANCIAL HOLDI | 5,088 | 4,842 |
| BUNGE LTD | 6,795 | 6,282 |
| CALLIDUS SOFTWARE, INC | 10,161 | 10,696 |
| CANADIAN NATL RAILWAY CO | 6,434 | 5,979 |
| CENTRAL PACIFIC FNCL | 5,343 | 5,219 |
| CHECK POINT SOFTWARE TECHNOLOG | 3,124 | 3,092 |
| CHEGG INC | 4,618 | 4,125 |
| CIRCOR INTL INC | 4,440 | 4,089 |
| CLARCOR INC | 3,383 | 3,428 |
| COLOPLAST AS ADR | 1,537 | 1,621 |
| COMPAGNIE FINANCIERE RICHEMONT | 2,358 | 2,086 |
| COMPANHIA SANEA ADS | 1,555 | 1,334 |
| COMPASS GROUP PLC ADR | 3,616 | 3,683 |
| CONTL AG SPONS ADR | 2,016 | 2,069 |
| CORE-MARK HOLDING COMPANY, INC | 11,048 | 11,635 |
| CREDIT SUISSE GROUP ADR | 2,246 | 2,126 |
| CSL LTD | 6,298 | 6,511 |
| DAIWA HOUSE IND LTD | 5,292 | 6,387 |
| DASSAULT SYS SA SPN ADR | 12,038 | 13,385 |
| DB X TRACKERS MSCI EAFE HEDGED | 269,992 | 239,578 |
| DBS GROUP HLDGS SPON ADR | 4,400 | 3,970 |
| DIPLOMAT PHARMACY INC | 5,516 | 5,270 |
| ENCANA CORP | 1,871 | 1,211 |
| ENCORE WIRE CORP | 5,260 | 5,081 |
| ESTACIO PARTICIP ADR | 1,570 | 1,138 |
| FABRINET INC | 5,366 | 5,645 |
| FANUC LIMITED UNSPONSORED | 9,004 | 9,075 |
| FORUM ENERGY TECHNOLOGIES INC | 4,590 | 4,386 |
| FRESENIUS MED CAR AG | 4,805 | 5,063 |
| FTI CONSULTING INC | 4,826 | 4,644 |
| FUCHS PETROLUB SE | 3,809 | 3,978 |
| GEA GROUP AG ADR | 1,195 | 1,166 |
| GOLDMAN SACHS HIGH YIELD FUND | 348,611 | 312,011 |
| GRIFOLS SA REP 1/2 CL B | 2,888 | 2,786 |
| GS LOCAL EMERGING MKTS DEBT FD | 93,353 | 77,604 |
| HORTONWORKS INC | 4,473 | 4,183 |
| ICICI BK LTD ADS | 6,570 | 5,606 |
| IMPERIAL OIL LMT | 2,827 | 2,667 |
| INFINITY PROPERTY AND CASUALTY | 3,553 | 3,618 |
| INFORMA PLC SPONSORED ADR | 2,747 | 3,073 |
| INSULET CORPORATION | 7,370 | 7,373 |
| INTER PARFUMS INC | 4,638 | 3,930 |
| INTERACTIVE INTELLIGENCE, INC | 5,411 | 4,619 |
| INTERSECT ENT INC | 4,192 | 4,658 |
| INTRALINKS HOLDINGS | 5,804 | 5,206 |
| INTRAWEST RESORTS HLDGS | 4,292 | 3,652 |
| ISHARES MSCI EMERGING MARKETS | 60,045 | 48,124 |
| ISHARES TRUST MSCI EAFE INDEX | 60,018 | 59,072 |
| ISHARES TRUST RUSSELL 1000 GRO | 803,766 | 805,887 |
| ISHARES TRUST RUSSELL 1000 VAL | 424,931 | 399,856 |
| JGC CORP ADR | 3,645 | 3,270 |
| K2M GROUP HOLDINGS | 5,598 | 5,369 |
| KAISER ALUMINUM CORPORATION | 5,008 | 5,187 |
| KASIKORNBANK PUB CO LTD ADR CM | 1,806 | 1,331 |
| KBC GROUP SA UNSP ADR | 1,927 | 1,931 |
| KDDI CP UNSP ADR | 3,407 | 3,728 |
| KOC HOLDINGS AS UNSP/ADR | 2,598 | 2,167 |
| KONE OYJ ADR B SHS | 4,261 | 4,097 |
| L'AIR LIQUIDE ADR OTC | 8,505 | 8,187 |
| L'OREAL ADR | 7,661 | 7,661 |
| LIGAND PHARMACEUTICALS INCORPO | 4,611 | 4,662 |
| LINDE AG SPONSORED ADR | 2,763 | 2,525 |
| LLOYDS TSB GROUP PLC | 4,683 | 4,609 |
| LVMH MOET HENN UNSP | 3,207 | 3,087 |
| MAKITA CORP | 3,153 | 3,654 |
| MARINEMAX INC | 5,560 | 5,287 |
| MARTEN TRANSPORT, LTD | 5,509 | 5,222 |
| MDC PARTNERS INC A | 6,628 | 6,559 |
| MEDICLINIC INTERNATIONAL - ADR | 2,893 | 2,636 |
| MEDIOLANUM ADR | 1,627 | 2,018 |
| MERCURY COMPUTER SYSTEMS | 6,316 | 6,371 |
| MITSUBISHI ESTATE CO ADR | 3,238 | 3,239 |
| MOBILE TELSYS OJSC | 1,126 | 983 |
| MONOTARO CO., LTD | 3,437 | 4,114 |
| MONRO MUFFLER BRAKE, INC | 7,543 | 7,880 |
| MR PRICE GROUP LTD | 1,778 | 1,336 |
| MRC GLOBAL INC | 5,118 | 4,992 |
| MTN GROUP LTD SPON ADR | 3,289 | 2,329 |
| NAMPAK LIMITED | 1,196 | 515 |
| NASPERS LTD N SPONS ADR | 3,209 | 3,000 |
| NESTLE S.A | 11,556 | 11,684 |
| NOVARTIS AG ADR | 9,316 | 8,776 |
| NOVO NORDISK A S | 8,562 | 9,583 |
| NUVASIVE, INC | 9,060 | 9,523 |
| PAYCOM SOFTWARE | 4,198 | 4,553 |
| POPEYES LOUISIANA KITCHEN INC | 6,547 | 6,552 |
| PRUDENTIAL PLC SC | 6,957 | 6,897 |
| PT TELEKOM. IND. TBK ADR | 3,878 | 3,818 |
| RAVEN INDUSTRIES, INC | 4,240 | 3,682 |
| RE MAX HOLDINGS INC | 7,080 | 7,087 |
| RED ELECTRICA DE ESPANA SA | 2,936 | 2,939 |
| REIS INC | 5,086 | 4,888 |
| RELX PLC | 3,201 | 3,227 |
| RENEWABLE ENERGY GROUP INC | 3,171 | 2,889 |
| RENTRAK CORP | 4,833 | 4,230 |
| REPLIGEN CORP | 3,324 | 3,282 |
| RESOURCES CONNECTION, INC | 6,115 | 5,850 |
| REXAM PLC ADR | 2,681 | 3,041 |
| ROCHE HOLDING LTD ADR | 11,101 | 11,030 |
| ROYAL DUTCH SHELL CL A | 2,257 | 1,969 |
| RUSH ENTERPRISES, INC | 4,483 | 4,050 |
| RYANAIR HOLDINGS PLC-ADR COM | 1,822 | 1,989 |
| RYOHIN KEIKAKU | 1,742 | 2,149 |
| SAMPO OYJ UNSPONSORED ADR | 3,874 | 4,048 |
| SANDS CHINA LTD UNSP ADR | 4,128 | 3,634 |
| SANLAM LTD SPONSORED ADR (SOUT | 2,832 | 2,184 |
| SAP AKTIENGESELL ADS | 8,968 | 9,492 |
| SASOL LTD | 3,079 | 2,736 |
| SCHLUMBERGER LTD | 6,830 | 6,487 |
| SCHOLASTIC CORPORATION | 6,153 | 6,247 |
| SHIRE PLC | 4,080 | 4,100 |
| SHUTTERFLY, INC | 6,753 | 6,773 |
| SIGNET GROUP PLC SPONS ADR NAS | 1,831 | 1,855 |
| SMART AND FINAL STORES INC | 3,584 | 3,697 |
| SOFTBANK CP UNSP ADR | 4,595 | 4,232 |
| SONOVA HOLDING AG AD | 3,466 | 3,289 |
| SONY CORP ADR | 2,756 | 2,682 |
| STANDARD MOTOR PRODS | 5,174 | 4,947 |
| STEELECASE INC | 4,691 | 4,381 |
| STEWART INFORMATION SVCS CORP | 5,691 | 5,600 |
| SUMITOMO MITSUI FINCL GRP | 3,935 | 4,114 |
| SUMITOMO MITSUI TR HOLDINGS SP | 1,299 | 1,349 |
| SVENSKA HANDELSBK UNS ADR | 2,920 | 2,765 |
| SWEDBANK AB S/ADR | 3,991 | 3,872 |
| SYMRISE AG UNSPONSORED | 3,902 | 3,988 |
| SYSMEX CORP UNSP ASDR | 7,921 | 9,076 |
| T. ROWE PRICE INSTL EMERG | 60,352 | 51,234 |
| TAIWAN SEMICONDUCTOR MFG CO LT | 19,840 | 20,225 |
| TELENOR ASA | 2,670 | 2,240 |
| TEVA PHARMACEUTICAL INDUSTRIES | 3,832 | 4,070 |
| THE DESCARTES SYSTEMS GROUP | 6,796 | 7,389 |
| THE RUBICON PROJECT INC | 3,863 | 3,915 |
| TURKCELL ILETISIM HIZMETLERI A | 4,068 | 2,887 |
| TURKIYE GARANTI BANK | 3,771 | 2,932 |
| U.S CONCRETE INC | 5,937 | 6,319 |
| UNICHARM CORP - SPN ADR | 3,031 | 2,415 |
| UNILEVER PLC AMER | 8,564 | 8,796 |
| UNIQURE NV | 2,761 | 2,266 |
| UNIVERSAL ELECTRONICS | 6,658 | 6,316 |
| VALEO SA SPONS ADR | 2,925 | 3,174 |
| VERITAS SOFTWARE CO | 6,903 | 6,578 |
| VINCI SA ADR | 2,588 | 2,664 |
| VIVENDI SA | 2,243 | 2,007 |
| WFA CORE BOND FD INST | 663,108 | 651,645 |
| WIX COM LTD | 5,049 | 4,869 |
| WOLSELEY PLC ADR | 3,360 | 3,321 |
| WOLTERS KLUWER S/ADR | 2,899 | 3,049 |
| WPP GROUP PLC | 10,405 | 10,786 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 14,046 | 14,046 | ||
| Administrative Set-Up Fee | 4,500 | 4,500 | ||
| Bank Charges | 225 | 225 | ||
| Delaware Incorporation Fees | 500 | 500 | ||
| IRS Application Fees | 850 | 850 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 10,180 | 10,180 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 900 | |||
| 990-PF Excise Tax for 2014 | 1 | |||
| Foreign Tax Paid | 904 | 904 |