| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BKD, LLP | 4,750 | 48 | 4,702 |
| 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 |
|---|---|---|
| BERKSHIRE HATHAWAY FIN BONDS | 0 | 0 |
| GENERAL ELEC CAP CORP BONDS | 0 | 0 |
| ROYAL BK OF SCOTLAND PLC | 0 | 0 |
| TOYOTA MOTOR CREDIT CORP | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PHOENIX DISTRESSED OPPORTUNITY | 0 | 0 | |
| STRATEGIC V | 435,521 | 435,521 | |
| ALTERNATIVES -ML | 0 | 0 | |
| AG MORTGAGE VALUE | 373,068 | 373,068 | |
| MAN FRM GLOBAL MACRO | 372,771 | 372,771 | |
| ML TRANSTREND DTP | 189,935 | 189,935 | |
| ML WINSTON FUTUREACCESS | 201,958 | 201,958 | |
| MONARCH DEBT RECOVERY | 344,718 | 344,718 | |
| OZOFII ACCESS LTD | 376,838 | 376,838 | |
| RENAISSANCE ACCESS | 471,416 | 471,416 | |
| MUTUAL FUND -ML | 0 | 0 | |
| EMERGING GLOBAL SHARES | 0 | 0 | |
| ISHARES MSCI CDA ETF | 43,602 | 43,602 | |
| ISHARES MSCI SWITZLERLAND | 86,353 | 86,353 | |
| ISHARES MSCI SWEDEN | 28,917 | 28,917 | |
| ISHARES MSCI PACIFIC | 70,676 | 70,676 | |
| ISHARES IBOXX $ | 121,079 | 121,079 | |
| ISHARES TIPS | 97,396 | 97,396 | |
| ISHARES 3-7 YEAR | 109,491 | 109,491 | |
| ISHARES MBS ETF | 243,294 | 243,294 | |
| ISHARES MSCA EMU ETF | 0 | 0 | |
| ISHARES INC CORE MSCI | 121,754 | 121,754 | |
| ISHARES MSCI UK ETF SHS | 134,285 | 134,285 | |
| MARKET VECTORS J.P. | 22,899 | 22,899 | |
| POWERSHARES GLOBAL | 73,218 | 73,218 | |
| POWERSHARES PREFERRED | 25,251 | 25,251 | |
| SPDR BARCLAYS | 34,792 | 34,792 | |
| VANGUARD SMALL CAP VALUE | 87,115 | 87,115 | |
| VANGUARD SMALL CAP | 178,638 | 178,638 | |
| VANGUARD VALUE ETF | 1,594,287 | 1,594,287 | |
| VANGUARD GROWTH ETF | 1,637,448 | 1,637,448 | |
| VANGUARD INTERMEDIATE | 301,425 | 301,425 | |
| VANGUARD SHORT TERM BOND | 183,648 | 183,648 | |
| WISDOMTREE TRUST JAPAN | 186,147 | 186,147 | |
| WISDOMTREE EUROPE HEDGED | 295,794 | 295,794 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 184 | 184 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER RECEIVABLES | 1,012 | 307 | 307 |
| ACCRUED INTEREST | 64,147 | 15,890 | 15,890 |
| Description | Amount |
|---|---|
| UNREALIZED ACCRD INT | 48,256 |
| UNREALIZED GAIN/LOSS | 121,780 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE FEES | 1,002 | 1,002 | ||
| OTHER PORTFOLIO DEDUCTIONS | 15,682 | 15,682 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ORDINARY LOSS FROM PASS-THROUGH ENTITIES | -10,092 | -10,092 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PREPAID ANNUITY FROM RONALD D | 491,505 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 64,690 | 64,690 | ||
| MANAGEMENT FEES | 69,927 | 69,927 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 1,980 | 1,980 | ||
| EXCISE TAX | 13,000 |