| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,600 | 1,600 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD FTSE DEVELOPED MARKETS | 61,123 | 60,881 |
| VANGUARD FTSE EMERGING MARKETS | 53,416 | 47,587 |
| VANGUARD S & P 500 | 127,555 | 145,240 |
| VANGUARD MID CAP ETF | 29,224 | 30,814 |
| VANGUARD SMALL CAP ETF | 27,340 | 29,566 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AIR LEASE CORP 2.125% 15 JAN 2020 | AT COST | 1,968 | 1,971 |
| AMERICAN EXPRESS CR | AT COST | 2,987 | 2,969 |
| AMERICAN HONDA FINANCE CORP 2.65% 12 | AT COST | 2,996 | 2,966 |
| AMERITRADE HOLDING CORP 3.75% 4/1/24 | AT COST | 1,996 | 2,034 |
| AMGEN INC CALLABLE DTD | AT COST | 2,935 | 2,839 |
| ANHEUSER-BUSCH INBEV | AT COST | ||
| APPLE INC 2.1% | AT COST | 1,947 | 1,933 |
| APPLE INC 2.3% | AT COST | 1,996 | 1,952 |
| AQR MANAGED FUTURES STRATEGY FUND | AT COST | 3,500 | 3,492 |
| ASTRAZENECA PLC DTD | AT COST | ||
| AT&T 4.5% | AT COST | 1,887 | 1,796 |
| AT&T 5.6% | AT COST | ||
| BANK OF AMERICA CORP 6.11% | AT COST | 2,129 | 2,198 |
| BANK OF AMERICA CORP 6.875% | AT COST | ||
| BANK OF MONTREAL SERIES: MTN DTD | AT COST | 2,000 | 1,985 |
| BANK OF NOVA SCOTIA | AT COST | 1,963 | 1,977 |
| BIOGEN INC 2.9% | AT COST | 5,076 | 4,963 |
| BP CAPITAL MARKETS AMERICA 3.796% | AT COST | 2,004 | 2,010 |
| CALAMOS MARKET NEUTRAL INCOME FUND | AT COST | 7,000 | 6,658 |
| CAPITAL ONE FINANCIAL CORP 2.5% | AT COST | 1,999 | 1,974 |
| CHARLES SCHWAB CORP | AT COST | 2,003 | 2,010 |
| CISCO SYSTEMS INC CALLABLE DTD | AT COST | 3,002 | 2,797 |
| CISCO SYSTEMS INC DTD | AT COST | ||
| CITIGROUP 2.65% 10/26/20 | AT COST | 3,983 | 3,947 |
| CITIGROUP 1.25% 1/15/16 | AT COST | ||
| COMCAST CORP 4% 3/1/48 | AT COST | 2,862 | 2,734 |
| COMCAST CORP 5.7% 7/01/2019 | AT COST | ||
| CSX CORP 3.8% 3/1/28 | AT COST | 2,002 | 1,962 |
| CVS HEALTH CORP 3.125% 3/9/20 | AT COST | 2,004 | 1,996 |
| DEUTSCHE BANK AG LONDON DTD | AT COST | ||
| DOUBLELINE EMERGING MARKETS FIXED | AT COST | 7,000 | 6,979 |
| DOWDUPONT INC 4.205% 11/15/23 | AT COST | 2,001 | 2,044 |
| DRIEHAUS ACTIVE INCOME FUND | AT COST | 7,000 | 6,889 |
| DUKE ENERGY CORP 2.4% 8/15/22 | AT COST | 1,954 | 1,921 |
| EQUINOR ASA 3.7% 3/1/24 | AT COST | 2,026 | 2,037 |
| FEDERAL NATIONAL MORTGAGE ASSOC | AT COST | 1,846 | 1,905 |
| FHLM 6.25% 7/15/32 | AT COST | 7,038 | 6,676 |
| FIFTH THIRD BANK CALLABLE DTD | AT COST | 2,974 | 2,929 |
| FM GOLD POOL FG 2.5% 1/1/30 | AT COST | 4,100 | 3,957 |
| FM GOLD POOL FG 3.5% 6/1/45 | AT COST | 2,680 | 2,616 |
| FM GOLD POOL FG 3.5%12/1/45 | AT COST | 5,337 | 5,208 |
| FM GOLD POOL FG 4% 11/1/40 | AT COST | 999 | 987 |
| FM GOLD POOL FG 3% 6/1/30 | AT COST | 2,298 | 2,247 |
| FM GOLD POOL FG 3% 12/1/26 | AT COST | 2,246 | 2,184 |
| FM GOLD POOL FG 4.5% 8/1/40 | AT COST | 519 | 524 |
| FM GOLD POOL FG 5% 12/1/36 | AT COST | 479 | 486 |
| FNMA 2.5% 4/1/28 | AT COST | 1,667 | 1,643 |
| FNMA 3% 05/01/27 | AT COST | 1,059 | 1,044 |
| FNMA 3% 12/01/2026 | AT COST | 1,940 | 1,887 |
| FNMA 3% 5/1/2043 | AT COST | 2,206 | 2,125 |
| FNMA 3% 8/1/43 | AT COST | 2,441 | 2,403 |
| FNMA 3.5% 11/01/2042 | AT COST | 1,682 | 1,701 |
| FNMA 3.5% 11/01/2045 | AT COST | 2,857 | 2,770 |
| FNMA 3.5% 3/1/41 | AT COST | 1,583 | 1,547 |
| FNMA 3.5% 9/1/2025 | AT COST | 944 | 946 |
| FNMA 3.5% 12/1/47 | AT COST | 4,650 | 4,694 |
| FNMA 4% 06/01/39 | AT COST | 793 | 793 |
| FNMA 4% 2/1/41 | AT COST | 1,541 | 1,554 |
| FNMA 4% 3/1/2026 | AT COST | 864 | 874 |
| FNMA 4% 5/1/47 | AT COST | 4,449 | 4,470 |
| FNMA 4% 2/1/48 | AT COST | 4,859 | 4,826 |
| FNMA 4.5% 06/01/40 | AT COST | 532 | 540 |
| FNMA 4.5% 6/1/2041 | AT COST | 840 | 854 |
| FNMA 5% 2/1/2024 | AT COST | 589 | 592 |
| FNMA 5% 6/1/2023 | AT COST | 198 | 203 |
| FNMA 5% 6/1/2035 | AT COST | 942 | 963 |
| FNMA 5.5% 04/01/34 | AT COST | 2,096 | 2,157 |
| FNMA 5.5% 1/1/2018 | AT COST | ||
| FNMA 5.5% 2/1/2037 | AT COST | 795 | 853 |
| FNMA 5.5% 3/1/2022 | AT COST | 193 | 198 |
| FNMA 5.5% 4/1/2036 | AT COST | 241 | 255 |
| FNMA 5.5% 9/1/2021 | AT COST | 24 | 24 |
| FNMA 6% 2/1/2038 | AT COST | 5,765 | 6,300 |
| FNMA 6% 4/1/2039 | AT COST | 239 | 257 |
| FNMA 6% 7/1/2037 | AT COST | 244 | 259 |
| FORM MOTOR CREDIT CO 3.157% 8/4/20 | AT COST | 2,028 | 1,960 |
| GENERAL ELECTRIC 5.3% 2/11/2021 | AT COST | 2,081 | 2,002 |
| GILEAD SCIENCES INC CALLABLE | AT COST | 2,975 | 2,941 |
| GOLDMAN SACHS GROUP INC 7.5% 2/15/19 | AT COST | 2,940 | 2,858 |
| INTEL CORP 3.3% 10/01/2021 | AT COST | 2,018 | 2,021 |
| IBM CREDIT 3.6% 10/1/21 | AT COST | 1,999 | 2,018 |
| INTERNAT BUS MACH 3.45% 2/19/26 | AT COST | 1,994 | 1,945 |
| INTERNAT BUS MACH 1.95% 07/22/16 | AT COST | ||
| JOHN DEERE CAPITAL 2.3% 9/16/19 | AT COST | 2,000 | 1,989 |
| JP MORGAN CHASE 3.782% 2/1/28 | AT COST | 5,120 | 4,854 |
| JP MORGAN HEDGED EQUITY FUND | AT COST | 7,000 | 6,982 |
| KROGER CO/ THE CALLABLE DTD | AT COST | 2,993 | 2,671 |
| LLOYDS BANKING GROUP | AT COST | 2,982 | 2,846 |
| LOCKHEED MARTIN CORP CALLABLE | AT COST | ||
| MOLSON COORS BREWING CO DTD 5% | AT COST | 2,018 | 1,883 |
| MORGAN STANLEY 2.75% 5/19/22 | AT COST | 2,981 | 2,919 |
| MORGAN STANLEY 3.7% 10/23/24 | AT COST | 2,004 | 1,967 |
| ORACLE CORP 2.625% 2/15/23 | AT COST | 1,995 | 1,951 |
| ORACLE CORP 5.75% 4/15/2018 | AT COST | ||
| PROVINCE OF BRITISH COLUMBIA | AT COST | 1,983 | 1,998 |
| PRUDENTIAL FINANCIAL 4.5% 11/15/2020 | AT COST | 2,038 | 2,046 |
| PRUDENTIAL HIGH YIELD FUND | AT COST | 14,559 | 13,780 |
| ROYAL BANK OF CANADA 2.5% 1/19/21 | AT COST | 2,000 | 1,977 |
| SHELL INTL FIN DTD | AT COST | ||
| SPDR BLOOM BARCLAYS HIGH ETF | AT COST | ||
| SUNTRUST BKS INC 2.7% 1/27/22 | AT COST | 2,971 | 2,926 |
| SUNTRUST BKS INC 3.5% 1/20/2017 | AT COST | ||
| TEMPLETON GLOBAL BOND FUND | AT COST | 7,000 | 6,830 |
| TEVA PHARMACEUTICALS NE DTD | AT COST | ||
| TORONTO DONIMION BANK SERIES | AT COST | ||
| TOYOTA MOTOR CREDIT 2.95% 4/13/21 | AT COST | 2,000 | 2,000 |
| TOYOTA MOTOR CREDIT 3.4% 09/15/2021 | AT COST | 2,020 | 2,016 |
| US TREASURY 1.625% 5/15/2026 | AT COST | ||
| US TREASURY 1.25% 1/30/20 | AT COST | ||
| US TREASURY 1.75% 05/15/23 | AT COST | ||
| US TREASURY 2.875% 05/15/43 | AT COST | ||
| US TREASURY 6.25% 8/15/2023 | AT COST | ||
| VALERO ENERGY CORP CALLABLE DTD | AT COST | 2,923 | 2,752 |
| VANGUARD TOTAL INTERNATIONAL BOND FU | AT COST | ||
| VERIZON COMMUNICATIONS 6% 4/1/2041 | AT COST | 2,402 | 2,242 |
| WAL MART STORES INC DTD 6.2% | AT COST | 1,996 | 2,022 |
| WALGREENS BOOTS ALLIANCE 3.8% 11/18/ | AT COST | 2,012 | 1,970 |
| WELLS FARGO 2.6% 1/15/21 | AT COST | 2,000 | 1,975 |
| WELLS FARGO 4.65% 11/4/44 | AT COST | 2,002 | 1,883 |
| WILLIAM BLAIR MACRO ALLOCATION | AT COST | 2,609 | 3,422 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 5,400 | 5,400 | 5,400 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INCOME RECEIVABLE | 98 | 347 | 347 |
| ACCRUED INTEREST PAID | 1 | 1 | 1 |
| OTHER RECEIVABLE | 600 | 876 | 876 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INVESTMENT INTEREST PAID | 293 | 293 | ||
| INVESTMENT MANAGEMENT FEES | 15 | 15 | ||
| INSURANCE | 70 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 67 | 67 | ||
| FOREIGN TAXES | 313 | 313 | ||
| FEDERAL INCOME TAXES | 328 |