| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 750 | 675 | 750 | 75 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 100,000 SHS OREGON ST SER 4.461% 8/1/20 | 100,000 | 111,057 |
| 100,000 SHS UNITED TECH 4.5% 4/15/20 | 108,205 | 109,432 |
| 100,000 BELLSOUTH TEL 6.375% 6/1/28 | 103,352 | 108,945 |
| 65,000 SHS BOEING CAP CORP 4.7% | 73,959 | 71,314 |
| 100,000 SHS CISCO SYS INC 4.45% | 110,702 | 108,806 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 247 SHS ABBOTT LABS COM | 12,159 | 11,093 |
| 238 SHS AMERICAN INTL GROUP INC | 14,745 | 14,749 |
| 234 SHS ARCHER DANIELS MIDLAND CO COM | 11,343 | 8,583 |
| 279 SHS AT&T INC COM | 9,964 | 9,600 |
| 835 SHS BANK AMER CORP COM | 14,098 | 14,053 |
| 347 SHS BANK OF NEW YORK MELLON CORP COM | 14,625 | 14,303 |
| 187 SHS BEST BUY INC COM | 6,127 | 5,694 |
| 49 SHS CHEVRON CORP NEW COM | 4,731 | 4,408 |
| 69 SHS CHUBB CORP | 6,592 | 9,152 |
| 423 SHS CORNING INC COM | 8,348 | 7,732 |
| 174 SHS DELTA AIRLINES INC COM NEW | 7,200 | 8,820 |
| 127 SHS DUNKIN BRANDS GROUP INC COM | 5,624 | 5,409 |
| 377 SHS GENERAL ELECTRIC CO COM | 10,090 | 11,744 |
| 162 SHS GOLAR LNG LIMITED SHS | 7,568 | 2,558 |
| 141 SHS JOHNSON & JOHNSON COM | 13,769 | 14,484 |
| 293 JOHNSON CTLS INC COM | 14,546 | 11,571 |
| 118 SHS MEDTRONIC PLC SHS | 8,775 | 9,077 |
| 258 SHS MERCK & CO INC NEW COM | 14,741 | 13,628 |
| 151 SHS MICROSOFT CORP COM | 6,678 | 8,377 |
| 244 SHS PBF ENERGY INC CL A | 6,966 | 8,982 |
| 73 SHS PEPSICO INC COM | 6,842 | 7,294 |
| 129 SHS PNC FINANCIAL SERVICES GROUP | 12,403 | 12,295 |
| 79 SHS PROCTER & GAMBLE CO COM | 6,200 | 6,273 |
| 99 SHS RAYTHEON CO COM NEW | 9,530 | 12,328 |
| 227 SHS TEGNA INC COM SHS | 7,506 | 5,793 |
| 163 SHS TYSON FOODS INC CL A | 7,112 | 8,693 |
| 88 SHS UNITED TECHNOLOGIES CORP COM | 9,523 | 8,454 |
| 149 SHS WALMART STORES INC COM | 10,587 | 9,134 |
| 95 SHS ZIMMER BIOMET HOLDINGS INC COM | 10,472 | 9,746 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 5,193 SHS MAXAM ABSOLUTE RETURN FD LP | AT COST | 101,797 | 101,797 |
| 2,372.339 SHS GROWTH FUND INSTITUTIONAL | AT COST | 51,895 | 51,954 |
| 2,842.551 SHS FPA CRESCENT PORTFOLIO | AT COST | 93,686 | 88,290 |
| 6,517.472 SHS GRANDUER PEAK INT'L | AT COST | 20,383 | 20,009 |
| 1,783.553 HENDERSON EUROPEAN FOSCUS FUND | AT COST | 62,696 | 59,963 |
| 5,313.875 SHS INTERNATIONAL FUND CLASS A | AT COST | 89,368 | 82,790 |
| 2,327.937 SHS LYRICAL U.S. VALUE EQUITY | AT COST | 35,689 | 34,314 |
| 2,033 SHS ISHARES MSCI JAPAN ETF | AT COST | 24,657 | 24,640 |
| 115 SHS ISHARES TR CORE S&P 500 ETF | AT COST | 23,760 | 23,560 |
| 315 SHS SPDR S&P 500 ETF TR TR UNIT | AT COST | 64,695 | 64,219 |
| 1,050 SHS EATON VANCE TAX MANAGED BUY | AT COST | 12,410 | 11,792 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,570 | 1,410 | 1,570 | 160 |
| Description | Amount |
|---|---|
| NON DEDUCTIBLE CONTRIBUTIONS | 380 |
| ROUNDING | 5 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 7,520 | 7,520 | 7,520 | |
| INSURANCE | 109,960 | 98,960 | 109,960 | 11,000 |
| INVESTMENT EXPENSES | 4,904 | 4,404 | 4,904 | 500 |
| PARKING & TOLLS | 262 | 262 | 262 | |
| PORTFOLIO DEDUCTIONS | 358 | 358 | 358 | |
| POSTAGE & MAILING SERVICE | 98 | 98 | 98 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CLASS ACTION SETTLEMENT | 9,492 | 9,492 | 9,492 |
| FEDERAL TAX REFUND | 1,347 | 1,347 | 1,347 |
| MAXAM OTHER INCOME | 39,449 | 39,449 | 39,449 |
| MISCELLANEOUS INCOME | 62 | 62 | 62 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 2,700 | 2,700 | 2,700 | |
| FOREIGN TAXES | 7 | 7 | 7 |