| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,020 | 1,010 | 1,010 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN HONDA FINANCE 2. 45 | 25,349 | 24,700 |
| AMGEN INC 3. 45 | 26,078 | 25,111 |
| AMERICAN TOWER CORP 5 | 15,876 | 15,517 |
| CAPITAL ONE FINL 4.75 | 10,723 | 10,248 |
| CELGENE CORP 3. 25 | 26,008 | 24,545 |
| CHEVRON CORP 2. 355 | 49,545 | 48,419 |
| COMCAST CORP 5.7 | 10,845 | 10,118 |
| CVS CAREMARK 4 | 10,407 | 10,029 |
| DIRECTV 3.8 | 10,088 | 10,044 |
| GOLDMAN SACHS GP 4.0 | 26,490 | 24,669 |
| HSBC HLDGS PLC 5.1 | 17,239 | 15,510 |
| JP MORGAN CHASE 3.875 | 10,245 | 10,026 |
| JP MORGAN CHASE & CO 4.25 | 26,624 | 25,451 |
| KELLOGG 3.125 | 10,415 | 9,883 |
| MORGAN STANLEY 4 | 10,767 | 9,866 |
| ORACLE CORP 2.5 | 25,314 | 24,463 |
| PRUDENTIAL 5.375 | 11,287 | 10,305 |
| SIMON PROPERTY GROUP 3.375 | 10,559 | 10,014 |
| TIME WARNER 4.05 | 15,732 | 14,982 |
| NIKE INC 2.375 | 22,833 | 22,900 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLEGHANY CORP | 17,895 | 18,700 |
| ALLERGAN PLC | 38,483 | 24,059 |
| ALLSTATE | 12,787 | 16,526 |
| ALPHABET INC CLASS A | 7,820 | 20,899 |
| AMGEN | 12,150 | 17,520 |
| APPLE INC | 27,052 | 44,167 |
| ASTRAZENECA PLC | 18,823 | 24,497 |
| AT&T INC | 40,005 | 34,362 |
| AVNET INC COM | 18,532 | 18,050 |
| BUNGE LIMITED | 19,062 | 13,093 |
| CIENA CORP | 19,378 | 29,841 |
| CISCO SYSTEMS | 13,906 | 33,061 |
| CITIGROUP INC COM | 38,785 | 32,538 |
| DISCOVERY COMMUNICATIONS C | 16,632 | 17,195 |
| EMBRAER SA-SPON ADR | 27,676 | 29,433 |
| 11,749 | 11,798 | |
| FIRSTENERGY CORP COM | 19,024 | 22,342 |
| GILEAD SCIENCES INC | 29,573 | 26,584 |
| GOLDMAN SACHS GROUP INC | 18,209 | 13,364 |
| HOME DEPOT | 3,729 | 18,899 |
| HOWARD HUGHES CORP | 36,211 | 29,286 |
| HP INC | 18,640 | 20,050 |
| IMAX CORP | 18,606 | 17,870 |
| ISHARES CORE EMG MKT | 36,794 | 33,477 |
| ISHARES INDIA 50 ETF | 11,308 | 14,976 |
| ISHARES RUSSELL 2000 | 18,465 | 18,076 |
| JOHNSON & JOHNSON COM | 19,366 | 18,712 |
| JPMORGAN U.S. SMALL COMPANY FUND INST | 24,975 | 29,286 |
| KEYCORP NEW COM | 17,791 | 14,780 |
| KROGER CO | 27,962 | 32,587 |
| LEGGETT & PLATT INC | 21,020 | 16,666 |
| MAGNA INTERNATIONAL CL A | 18,376 | 17,725 |
| MCKESSON CORP | 19,058 | 15,466 |
| MERCK | 16,876 | 25,903 |
| METHANEX CORP | 12,098 | 13,247 |
| MICROSOFT | 18,246 | 41,136 |
| MOSAIC CO | 11,791 | 16,796 |
| NATIONAL OILWELL VARCO INC | 18,687 | 15,677 |
| NEWELL BRANDS INC | 36,679 | 25,933 |
| NOBLE ENERGY | 14,365 | 10,693 |
| PFIZER INC COM | 27,228 | 34,702 |
| PNC FINANCIAL SERVICES GROUP | 16,203 | 14,614 |
| PROCTER & GAMBLE CO COM | 28,036 | 28,036 |
| QUALCOMM INC | 28,240 | 31,585 |
| RAYTHEON | 8,843 | 13,802 |
| ROYAL DUTCH SHELL PLC ADR A | 31,176 | 31,757 |
| SCHLUMBERGER LTD COM | 24,745 | 16,597 |
| SCHWAB INTERNATIONAL INDEX FUND | 63,395 | 63,358 |
| STATE STREET CORP | 22,955 | 17,029 |
| US BANCORP | 29,436 | 26,049 |
| VISA INC | 11,672 | 18,472 |
| VODAFONE GROUP PLC | 35,901 | 25,835 |
| WALMART INC | 17,785 | 20,493 |
| WELLS FARGO & CO NEW COM | 40,971 | 32,947 |
| XEROX CORP COM | 31,719 | 20,748 |
| AMDOCS LTD | 18,862 | 16,988 |
| AMERICAN INTL GROUP COM | 40,880 | 34,484 |
| BAKER HUGHES A GE CO | 25,321 | 15,803 |
| BORG-WARNER INC | 18,691 | 14,070 |
| COHERENT | 24,681 | 17,442 |
| EXXON MOBIL CORPORATION | 18,729 | 16,706 |
| FLEX LTD | 19,014 | 18,530 |
| FORD MTR CO DEL COM | 29,025 | 20,885 |
| HCP INC | 19,348 | 23,042 |
| INTERNATIONAL PAPER CO | 27,466 | 22,400 |
| MOLSON COORS BREWING-B | 38,511 | 33,696 |
| SIEMENS AG SPONS ADR | 29,899 | 22,820 |
| SOUTHWEST AIRLINES | 18,835 | 16,733 |
| WEYERHAEUSER CO COM | 16,519 | 17,269 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ACCRUED DIVIDEND | FMV | 1,739 | 1,739 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FEDERAL INCOME TAX DEPOSITS | 0 | 1,405 | 1,405 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN ON INVESTMENTS | 329,433 |
| FEDERAL INCOME TAX EXPENSE 2017 | 918 |
| FEDERAL INCOME TAX EXPENSE 2018 | 1,595 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL MEETING | 24,729 | 6,182 | 18,547 | |
| OFFICE EXPENSES | 7,824 | 5,868 | 1,956 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 16,283 | 16,283 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES ON INVESTMENT INCOME | 1,297 | 1,297 | 0 | |
| OREGON INCOME TAX | 574 | 574 | 0 |