| 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 |
|---|---|---|
| ABBVIE INC - 2.900% - 11/06/20 | 4,809 | 4,865 |
| AMERICAN EXPRESS CREDIT MTN - | 4,936 | 4,947 |
| ANHEUSER BUSCH INBEV BOND - 3. | 5,036 | 4,713 |
| ANTHEM INC NOTE - 3.650% - 12/ | 4,726 | 4,780 |
| AT&T INC - 4.125% - 02/17/2026 | 5,018 | 4,886 |
| BANK AMER CORP FR - 3.300% - 0 | 5,131 | 4,924 |
| BANK OF AMERICA - 4.000% - 04/ | 5,127 | 5,032 |
| BP CAP MKTS AMER - 4.234% - 11 | 5,002 | 5,145 |
| CITIGROUP INC - 3.200% - 10/21 | 4,583 | 4,616 |
| COMCAST CORP - 3.150% - 03/01/ | 5,057 | 4,784 |
| CVS HEALTH CORP NOTE - 4.100% | 4,981 | 4,941 |
| DUKE ENERGY CAROLINAS LLC BOND | 5,287 | 5,093 |
| GOLDMAN SACHS GROUP INC - 3.62 | 4,932 | 4,921 |
| JOHN DEERE CAP CORP - 1.250% - | 4,906 | 4,954 |
| JPMORGAN CHASE &CO NOTE - 2.95 | 9,465 | 9,235 |
| MEDTRONIC INC - 2.500% - 03/15 | 10,085 | 9,949 |
| MICROSOFT CORP - 3.125% - 11/0 | 9,684 | 9,891 |
| MORGAN STANLEY MTN - 2.750% - | 4,820 | 4,864 |
| NIKE INC NOTE CALL - 2.375% - | 4,520 | 4,580 |
| NSTAR ELEC CO - 2.375% - 10/15 | 4,934 | 4,822 |
| ORACLE CORP SR GLBL NT - 2.500 | 9,911 | 9,785 |
| SANOFI-AVENTIS - 4.000% - 03/2 | 10,585 | 10,228 |
| SHELL INTERNATIONAL - 3.250% - | 9,916 | 9,855 |
| TORONTO-DOMINION BANK GMTN BON | 10,042 | 9,901 |
| UNITED HEALTH GP - 3.350% - 07 | 5,156 | 5,023 |
| VERIZON COMMUNICATIONS INC - 5 | 5,483 | 5,326 |
| WELLS FARGO - 3.000% - 02/19/2 | 9,552 | 9,424 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABERDEEN EMERGING MARKETS INST | 49,435 | 43,959 |
| BRANDES INTERNATIONAL SMALL CA | 73,328 | 61,040 |
| CREDIT SUISSE AG C-GEARS - 0.0 | 50,000 | 48,050 |
| CULLEN EMERGING MARKETS HIGH D | 48,967 | 42,383 |
| GS FINANCE CORP NT LKD 20 PFD | 50,000 | 46,100 |
| ISHARE SP SMALL CAP 600 INDEX | 41,527 | 38,611 |
| ISHARES S&P 500 INDEX FD | 513,833 | 504,730 |
| ISHARES TR S & P MIDCAP 400 IN | 168,901 | 156,096 |
| JPMORGAN CHASE FINL CO LLC NOT | 100,000 | 82,900 |
| MSIF FRONTIER EMERGING MKTS PO | 48,232 | 42,174 |
| OPPENHEIMER DEVELOPING MARKETS | 47,863 | 43,056 |
| OPPENHEIMER INTL SMALL COMPANY | 67,848 | 61,301 |
| PRINCIPAL FDS INC SMALL MIDCAP | 101,265 | 79,170 |
| PROSHARES S&P 500 DIVIDEND ARI | 205,434 | 202,809 |
| VANGUARD FTSE DEVELOPED MARKET | 309,724 | 283,741 |
| VANGUARD FTSE EMERGING MARKETS | 157,770 | 147,066 |
| VANGUARD FTSE EUROPEAN ETF | 181,396 | 163,266 |
| WISDOMTREE DEFA | 111,031 | 102,147 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 16,470 | 16,470 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 7,611 | 7,611 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2018 | 1,100 | |||
| 990-PF Excise Tax for 2017 | 3,873 |