| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,580 |
| Person Name | Explanation |
|---|---|
| MERRILL BONDER | THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING. THE OFFICER'S SALARY RELATING TO DECEMBER 2015 OF $5,000 WAS PAID IN JANUARY 2016, SO THIS AMOUNT WAS ACCRUED AS A 2015 EXPENSE. HOWEVER, SINCE THIS AMOUNT WAS NOT PAID UNTIL JANUARY 2016, IT IS NOT REFLECTED IN THE 2015 W-2. THE RECONCILIATION FOR 2015 SALARY IS AS FOLLOWS: 2015 SALARY PAID IN 2015 (TIES TO W-2) $57,915 LESS: 2014 SALARY PAID IN 2015 ( 4,583) -------- SUB-TOTAL $53,332 2015 SALARY PAID IN 2016 5,000 -------- TOTAL 2015 SALARY (ACCRUAL BASIS) $58,332 ANNUAL DIRECTOR FEE $1,000 ------- TOTAL $59,332 |
| 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 |
|---|---|---|
| BP CAP MKTS 3.875% DUE 3/10/15 | 0 | 0 |
| GENERAL ELEC PERP DUE 12/31/49 | 123,000 | 123,000 |
| PNC 6.75% DUE 12/31/49 | 106,375 | 106,375 |
| SCHWAB CHARLES 7% DUE 12/31/49 | 56,750 | 56,750 |
| CHUBB CORP 6.375% DUE 3/29/67 | 96,033 | 96,033 |
| WISCONSIN 6.25% DUE 5/15/67 | 74,500 | 74,500 |
| FPL GROUP 7.3% DUE 9/1/67 | 71,678 | 71,678 |
| ENTERPRISE 7.034% DUE 1/15/68 | 86,275 | 86,275 |
| COVIDIEN PLC | 0 | 0 |
| FIDELITY FLOATING | 98,622 | 98,622 |
| GENERAL ELEC PERP DUE 12/31/49 | 58,853 | 58,853 |
| NORTHSTAR RLTY | 0 | 0 |
| SCHLUMBERGER LIMITED | 0 | 0 |
| WILLIAMS COS | 0 | 0 |
| COVIDIEN INTL FIN NOTE 6/15/20 | 107,067 | 107,067 |
| BARCLAYS BANK PLC 7/26/17 | 77,647 | 77,647 |
| CITIGROUP INC DEP 6.875% 3/67 | 102,163 | 102,163 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 4,750 SHS ISHARES TR MSCI EMER | 0 | 0 |
| 1490 ISHARES TR RUSSELL 1000 | 145,811 | 145,811 |
| 12,125 SHS JPMORGAN CHASE & CO | 0 | 0 |
| 2185 POWERSHARES QQQ TR UNI | 244,414 | 244,414 |
| 798 SHS SPDR S&P MIDCAP 400 ET | 202,724 | 202,724 |
| 5698.691 ARTISAN INTERNAT'L IN | 163,438 | 163,438 |
| 1,291.032 ARTISAN SMALL CAP VA | 0 | 0 |
| 2324.10 COLUMBIA ACORN CLASS Z | 44,948 | 44,948 |
| 4687.988 CONESTOGA SMALL CAP | 168,064 | 168,064 |
| 4060.876 DODGE & COX INTERNAT | 148,141 | 148,141 |
| 8803.376 GOLDMAN SACHS GROWTH | 206,791 | 206,791 |
| 3824.745 MATTHEWS CHINA FUND | 70,337 | 70,337 |
| 6491.362 T ROWE PRICE NEW ASIA | 99,058 | 99,058 |
| 871.724 T ROWE PRICE LATIN AME | 0 | 0 |
| 14500.567 TEMPLETON GLOBAL BO | 167,192 | 167,192 |
| 203 SHS ACE LIMITED ORD CHF29. | 23,721 | 23,721 |
| 512 SHS ABBOTT LABORATORIES | 22,994 | 22,994 |
| 179 SHS APPLE INC | 18,842 | 18,842 |
| 1372 SHS BANK OF AMERICA | 23,091 | 23,091 |
| 155 SHS BOEING CO | 22,411 | 22,411 |
| 254 SHS CARDINAL HEALTH INC | 22,675 | 22,675 |
| 149 SHS CHEVRON CORP NEW | 0 | 0 |
| 212 SHS CHUBB CORP | 0 | 0 |
| 774 SHS CISCO SYS INC | 21,018 | 21,018 |
| 966 SHS CLAYMORE EXCH FD 2021 | 19,819 | 19,819 |
| 952 SHS CLAYMORE EXCH FD 2019 | 19,861 | 19,861 |
| 884 CLAYMORE EXCH FD 2017 | 19,908 | 19,908 |
| 381 SHS COMCAST CORP NEW | 21,500 | 21,500 |
| 170 SHS CVS HEALTH CORP | 16,621 | 16,621 |
| 2467 DBX ETF TR X-TRCKR MSCI E | 67,004 | 67,004 |
| 71 SHS DIAGEO ADR EACH REPR 4 | 7,744 | 7,744 |
| 754 SHS GENERAL ELECTRIC CO | 23,487 | 23,487 |
| 258 SHS HOME DEPOT INC | 34,121 | 34,121 |
| 142 SHS HONEYWELL INTL INC | 14,707 | 14,707 |
| 722 SHS INTEL CORP | 24,873 | 24,873 |
| 2844 SHS ISHARES INC CORE MSCI | 112,025 | 112,025 |
| 732 SHS ISHARES S&P SMALL CAP | 79,173 | 79,173 |
| 390 SHS JPMORGAN CHASE & CO | 25,752 | 25,752 |
| 307 SHS JOHNSON & JOHNSON | 31,535 | 31,535 |
| 293 SHS MEDTRONIC PLC | 22,538 | 22,538 |
| 208 SHS NEXTERA ENERGY INC | 21,609 | 21,609 |
| 288 SHS PROCTER & GAMBLE | 22,870 | 22,870 |
| 256 SHS QUALCOMM INC | 0 | 0 |
| 5014.881 SHS SHENKMAN SHORT DU | 48,995 | 48,995 |
| 189 SHS SPDR S&P DIVID ETF | 13,905 | 13,905 |
| 256 SHS WELLS FARGO & CO | 13,916 | 13,916 |
| 550 SHS ALTERA CORP | 0 | 0 |
| 157 SHS AMGEN INC | 25,486 | 25,486 |
| 258 SHS BAKER HUGHES INC | 0 | 0 |
| 7161.32 SHS BLACKROCK STRATE | 69,966 | 69,966 |
| 809 SHS BLACKSTONE GROUP L P | 0 | 0 |
| 889 SHS E M C CORP MASS | 22,830 | 22,830 |
| 5,793.046 GOLDMAN SACHS N-11 | 0 | 0 |
| 2,432.198 GOLDMAN SACHS STRG | 0 | 0 |
| 347 SHS INTL PAPER CO | 0 | 0 |
| 925 SHS ISHARES CORE S&P SMALL | 101,852 | 101,852 |
| 1303 SHS ISHARES MSCI EAFE SML | 65,085 | 65,085 |
| 135 SHS ISHARES S&P 500 GROWTH | 15,633 | 15,633 |
| 695 SHS ISHARES MIDCAP 400 GRO | 111,867 | 111,867 |
| 826 SHS ISHARES MIDCAP 400 VAL | 96,807 | 96,807 |
| 327 SHS METLIFE INC | 15,765 | 15,765 |
| 218 SHS OCCIDENTAL PETROLEUM C | 14,739 | 14,739 |
| 186 SHS PEPSICO INC | 28,577 | 28,577 |
| 210 SHS RAYTHEON CO COM | 26,151 | 26,151 |
| 400 SHS SPDR S&P 500 ETF TRUST | 81,548 | 81,548 |
| 272 SHS STARBUCKS CORP | 0 | 0 |
| 21322.391 STONERIDGE REINSURAN | 215,783 | 215,783 |
| 2189.023 T ROWE PRICE GROWTH | 117,529 | 117,529 |
| 278 SHS TIME WARNER CABLE INC | 17,978 | 17,978 |
| 6,761.940 TOUCHSTONE MID CAP | 104,742 | 104,742 |
| 465 SHS UBS AG JERSEY ALERIAN | 12,164 | 12,164 |
| 14528 SHS UBS AG JERSEY ALERIA | 380,052 | 380,052 |
| 160 SHS UNITED HEALTHCARE GROU | 18,822 | 18,822 |
| 187 SHS UNITED TECHNOLOGIES CO | 0 | 0 |
| 7515.918 SHS VIRTUS EMERGING | 67,343 | 67,343 |
| 675 SHS XILINX INC | 0 | 0 |
| 7015.338 DOUBLELINE TOTAL RET | 75,625 | 75,625 |
| 942 SHS NORTHSTAR ASSET MGMT G | 0 | 0 |
| 4,094.772 TOCQUEVILLE GOLD FUN | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HURON VALLEY TENNIS CLUB | 78,960 | 78,960 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 6,226 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 254,670 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE AND SHIPPING | 608 | |||
| MISCELLANEOUS EXPENSES | 7,998 | |||
| FINANCIAL PLANNING FEES | 6,000 | |||
| LIABILITY INSURANCE | 2,329 | |||
| INVESTMENT MANAGEMENT FEES | 41,430 | 35,986 | ||
| CONSULTING FEES | 3,000 | |||
| HEALTH INSURANCE | 13,119 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 1,705 | 1,705 | 1,705 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 38,113 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 4,462 | 4,462 | ||
| FOREIGN TAXES | 185 | 185 |