| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION | 2,350 | 1,175 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFB NORTHERN FDS BD INDEX FD | 245,405 | 257,088 |
| MFB NORTHERN HIGH YIELD FIXED INCOME | 60,673 | 56,739 |
| MFC FLEXSHARES TR IBOXX | 34,464 | 34,193 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFB NORTHERN EMERGING MARKETS EQUITY FUND | 23,027 | 22,718 |
| MFB NORTHERN INTL EQUITY INDEX FD | 56,662 | 50,031 |
| MFB NORTHERN MID CAP INDEX FD | 18,791 | 23,316 |
| MFB NORTHERN STK INDEX FD | 82,221 | 86,079 |
| MFC FLEXSHARS STOXX GLOBAL | 12,107 | 11,912 |
| WELLS FARGO & CO | 73,911 | 28,966 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MFB NORTHERN GLOBAL REAL ESTATE | AT COST | 11,336 | 11,792 |
| MFC FLEXSHARES TR MORNINGSTAR | AT COST | 11,061 | 11,647 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 1,000 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 2,310 | 2,310 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 144 | 144 | 0 | |
| EXCISE TAX ON INVESTMENT INCOME | 53 | 0 | 0 | |
| EXCISE TAX ESTIMATE | 700 | 0 | 0 |