| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,357 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HIGH-YLD CORP FUND ADM | 106,068 | 98,662 |
| INFLATION PROTECTED SEC ADM | 102,874 | 99,509 |
| SHORT TERM INV-GR ADM | 101,916 | 100,587 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ARTISAN INTL VALUE | 0 | 0 |
| HARBOR INTL FD | 0 | 0 |
| HARDING LOEVENER EMERGING MKT | 0 | 0 |
| MATTHEWS ASIAN GROWTH & INCOME | 0 | 0 |
| OAKMARK INTL FD | 0 | 0 |
| PORTFOLIO 21 | 0 | 0 |
| BERWYN FUND | 0 | 0 |
| EMERGING MKTS STK IDX ADM | 111,546 | 92,789 |
| EUROPEAN STOCK IDS ADM | 99,478 | 97,169 |
| PACIFIC STOCK IDX ADM | 100,836 | 101,142 |
| SMALL CAP INV-GR ADM | 152,293 | 147,094 |
| TOTAL STOCK MKT IDX ADM | 153,152 | 152,963 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PRECIOUS METALS & MINING | AT COST | 61,486 | 41,727 |
| REIT INDEX FUND ADM | AT COST | 55,136 | 51,581 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO RICHARD ABELES | 7,912 | 7,912 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 3,640 | 3,640 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER TAXES | 2,549 | 0 | 0 |