TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2018

Open to Public Inspection

For calendar year 2018, or tax year beginning 04-01-2018 , and ending 03-31-2019

Name of foundation
EMMA SLOAN TUW FBO NEW SALEM

Number and street (or P.O. box number if mail is not delivered to street address)6325 S RAINBOW BLVD STE 300
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LAS VEGAS, NV89118

A Employer identification number

56-6436990

B Telephone number (see instructions)

(888) 730-4933

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$7,845,988J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	196,793		186,419
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		297,850
b	Gross sales price for all assets on line 6a 2,221,569
7	Capital gain net income (from Part IV, line 2)...			297,850
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	494,643		484,269
13	Compensation of officers, directors, trustees, etc.	96,717		87,045		9,672
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		981	0	0	981
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		25,061	4,061		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		866	846		20
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	123,625		91,952	0	10,673
25	Contributions, gifts, grants paid.......	349,024				349,024
26	Total expenses and disbursements. Add lines 24 and 25	472,649		91,952	0	359,697
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	21,994
b	Net investment income (if negative, enter -0-)			392,317
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2018)

Form 990-PF (2018)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	335,620	586,300	586,300
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	6,254,442	6,019,730	7,259,688
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	6,590,062	6,606,030	7,845,988
	17	Accounts payable and accrued expenses..........
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	6,590,062	6,606,030
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions).....	6,590,062	6,606,030
	31	Total liabilities and net assets/fund balances (see instructions).	6,590,062	6,606,030

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

6,590,062

Enter amount from Part I, line 27a .....................

21,994

Other increases not included in line 2 (itemize) bullet

947

Add lines 1, 2, and 3 ..........................

6,613,003

Decreases not included in line 2 (itemize) bullet

6,973

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

6,606,030

Form 990-PF (2018)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	20000. GOLDMAN SACHS GROUP 6.150% 4/01/18		2010-09-15	2018-04-01
b	12. APPLE INC		2016-10-14	2018-04-02
c	18. BROWN FORMAN CORP CL B		2016-11-29	2018-04-02
d	18. FIDELITY NATL INFORMATION SVCS INC			2018-04-02
e	56. FOREST CITY REALTY TRUST-A			2018-04-02
	3. ESTEE LAUDER COMPANIES INC		2018-01-05	2018-04-02
	3. ESTEE LAUDER COMPANIES INC		2017-10-13	2018-04-02
	2. ESTEE LAUDER COMPANIES INC		2017-10-13	2018-04-02
	26. LEUCADIA NATL CORP COM			2018-04-02
	39. LOEWS CORP		2011-12-21	2018-04-02
	42. AXALTA COATING SYSTEMS LTD			2018-04-02
	16. APPLE INC			2018-04-03
	18. MONSTER BEVERAGE CORP			2018-04-03
	14. TEXAS INSTRUMENTS INC			2018-04-03
	4. MONSTER BEVERAGE CORP		2017-12-08	2018-04-04
	2. MONSTER BEVERAGE CORP			2018-04-04
	7. MONSTER BEVERAGE CORP			2018-04-04
	5. MONSTER BEVERAGE CORP			2018-04-04
	51.00016 BCE INC		2016-07-13	2018-04-05
	20.99984 BCE INC		2016-07-13	2018-04-05
	95. INTEL CORP			2018-04-05
	4. MERCK & CO INC NEW		2018-04-03	2018-04-05
	52. MERCK & CO INC NEW		2012-01-05	2018-04-05
	4. FOX FACTORY HOLDING CORP		2017-01-06	2018-04-09
	7. ALBEMARLE CORP COM			2018-04-10
	5. ALBEMARLE CORP COM		2017-07-06	2018-04-10
	1. ALBEMARLE CORP COM		2017-01-05	2018-04-10
	2. AMERICAN TOWER REIT		2018-04-10	2018-04-12
	1. AMERICAN TOWER REIT		2018-04-10	2018-04-12
	3. AMERICAN TOWER REIT			2018-04-12
	1. AMERICAN TOWER REIT		2018-04-10	2018-04-12
	56.7 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-04-15
	108.85 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-04-15
	41. BRISTOL MYERS SQUIBB CO			2018-04-17
	1. BRISTOL MYERS SQUIBB CO		2016-12-21	2018-04-17
	30. FOREST CITY REALTY TRUST-A		2011-12-21	2018-04-17
	39. LOEWS CORP		2011-12-21	2018-04-17
	17. MACQUARIE INFRASTRUCTURE COMPANY LLC			2018-04-17
	2. BRISTOL MYERS SQUIBB CO		2017-07-26	2018-04-18
	15. BRISTOL MYERS SQUIBB CO			2018-04-18
	17. BRISTOL MYERS SQUIBB CO		2017-07-26	2018-04-18
	14. AXALTA COATING SYSTEMS LTD		2016-07-28	2018-04-18
	8. WHITE MTNS INS GROUP			2018-04-18
	5. APPLE INC		2013-07-16	2018-04-20
	5. APPLE INC		2009-08-10	2018-04-20
	35. BCE INC			2018-04-20
	4. BRISTOL MYERS SQUIBB CO		2017-07-26	2018-04-20
	5. BRISTOL MYERS SQUIBB CO			2018-04-20
	11. BRISTOL MYERS SQUIBB CO			2018-04-20
	26. MERCK & CO INC NEW		2012-01-05	2018-04-20
	23. BRISTOL MYERS SQUIBB CO			2018-04-23
	289.87 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-04-25
	816. TURKIYE GARANTI BANKSASI-ADR		2017-08-09	2018-04-26
	1. CCH I LLC		2017-05-25	2018-04-27
	6. CCH I LLC			2018-04-27
	8. CCH I LLC			2018-04-27
	568. COMCAST CORP CLASS A		2011-02-11	2018-05-03
	199. FOX FACTORY HOLDING CORP			2018-05-03
	49. NETAPP INC		2017-01-11	2018-05-03
	151. FOX FACTORY HOLDING CORP			2018-05-04
	82. ASTRAZENECA PLC ADR			2018-05-07
	2. ASTRAZENECA PLC ADR		2018-04-03	2018-05-07
	2. FEDEX CORPORATION		2018-01-05	2018-05-07
	53. MERCK & CO INC NEW		2012-01-05	2018-05-07
	4. RED HAT INC			2018-05-07
	33. AUTOHOME INC-ADR			2018-05-08
	2. FEDEX CORPORATION		2018-01-05	2018-05-08
	3. FEDEX CORPORATION		2018-01-05	2018-05-08
	1. FEDEX CORPORATION		2018-01-05	2018-05-08
	40. DOLLAR TREE INC			2018-05-10
	9. ECOLAB INC			2018-05-10
	15. FIDELITY NATL INFORMATION SVCS INC		2011-12-21	2018-05-10
	15. INTUIT COM		2011-12-21	2018-05-10
	54. LOEWS CORP		2011-12-21	2018-05-10
	8. M & T BANK CORPORATION COM			2018-05-10
	65. MACQUARIE INFRASTRUCTURE COMPANY LLC			2018-05-10
	6. SHIRE PLC ADR		2017-08-04	2018-05-10
	24. SHIRE PLC ADR			2018-05-10
	12. AON PLC			2018-05-10
	26. MONSTER BEVERAGE CORP			2018-05-11
	8. ABBVIE INC			2018-05-15
	18. DASSAULT SYSTEMES S.A. - ADR		2017-08-09	2018-05-15
	61.35 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-05-15
	107.02 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-05-15
	4. FEDEX CORPORATION			2018-05-15
	25000. GLAXOSMITHKLINE CAPI 5.650% 5/15/18		2010-09-15	2018-05-15
	5. GOLDMAN SACHS GROUP INC			2018-05-15
	7. ABBVIE INC			2018-05-16
	6. ABBVIE INC			2018-05-16
	3. FEDEX CORPORATION			2018-05-16
	3. FEDEX CORPORATION		2018-02-20	2018-05-16
	52. BASF AKTIENGESELLSCHAFT - LVL 1 ADR		2017-09-26	2018-05-17
	18. BASF AKTIENGESELLSCHAFT - LVL 1 ADR		2013-04-09	2018-05-17
	13. CISCO SYSTEMS INC		2014-02-28	2018-05-17
	74. COMMONWEALTH BK AUS-SP ADR		2017-11-08	2018-05-17
	28. COMPASS GROUP PLC ADR		2016-02-18	2018-05-17
	8. EXXON MOBIL CORPORATION		2014-07-29	2018-05-17
	8. LVMH MOET HENNESSY UNSP ADR - ADR		2014-02-28	2018-05-17
	8. LAS VEGAS SANDS CORP		2013-08-16	2018-05-17
	6. MICROSOFT CORP		2016-04-27	2018-05-17
	21. ROCHE HOLDINGS LTD - ADR		2017-03-10	2018-05-17
	47. NVENT ELECTRIC PLC-W/I		2017-03-10	2018-05-17
	36. LYONDELLBASELL INDU-CL A			2018-05-17
	17. ABBVIE INC			2018-05-18
	17. ABBVIE INC			2018-05-18
	4. CCH I LLC			2018-05-18
	4. CCH I LLC			2018-05-18
	17. CELGENE CORP COM			2018-05-21
	15. CELGENE CORP COM			2018-05-21
	6. CCH I LLC			2018-05-21
	14. DOLLAR TREE INC		2015-11-20	2018-05-25
	685.93 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-05-25
	9. FIDELITY NATL INFORMATION SVCS INC		2011-12-21	2018-05-25
	16. INTUIT COM		2011-12-21	2018-05-25
	28. LIBERTY BROADBAND CORP			2018-05-25
	17. AON PLC			2018-05-25
	3. ALEXION PHARMACEUTICALS INC		2017-09-01	2018-05-30
	3. ALEXION PHARMACEUTICALS INC		2017-08-31	2018-05-30
	8. HOME DEPOT INC			2018-05-30
	6. HOME DEPOT INC			2018-05-30
	8. PAYPAL HOLDINGS INC		2017-12-11	2018-05-30
	10. PAYPAL HOLDINGS INC		2017-12-11	2018-05-30
	6. VERTEX PHARMACEUTICALS INC COM		2018-03-08	2018-06-01
	2. NETFLIX.COM INC		2018-02-15	2018-06-06
	3. NETFLIX.COM INC		2017-01-06	2018-06-06
	9. CONCHO RESOURCES INC			2018-06-08
	25. ALLIANZ SE ADR		2017-12-14	2018-06-13
	75. BANCO BILBAO VIZCAYA ARGENT- ADR		2017-08-09	2018-06-13
	26. FANUC LTD ADR		2017-08-09	2018-06-13
	11. L'OREAL - ADR		2017-08-09	2018-06-13
	8. NESTLE S.A. REGISTERED SHARES - ADR		2017-08-09	2018-06-13
	20. ROCHE HOLDINGS LTD - ADR		2017-08-09	2018-06-13
	32. EXXON MOBIL CORPORATION			2018-06-14
	30. LVMH MOET HENNESSY UNSP ADR - ADR		2014-02-28	2018-06-14
	24. MICROSOFT CORP			2018-06-14
	31. PUBLIC SVC ENTERPRISE GROUP INC		2013-04-09	2018-06-14
	24. SIEMENS AG - SPONSORED ADR		2013-10-31	2018-06-14
	59.25 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-06-15
	107.45 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-06-15
	3. GOLDMAN SACHS GROUP INC			2018-06-15
	9. NETFLIX.COM INC			2018-06-15
	25000. VERIZON COMMUNICATIO 5.150% 9/15/23		2014-10-29	2018-06-15
	60. MERCK & CO INC NEW		2012-01-05	2018-06-18
	28. OCCIDENTAL PETE CORP		2016-10-25	2018-06-18
	24. TOTAL S.A. - ADR		2011-01-19	2018-06-18
	.4207 FERGUSON PLC-ADR		2017-06-30	2018-06-20
	63. DOLLAR TREE INC			2018-06-22
	7. ECOLAB INC		2012-07-30	2018-06-22
	3. FEDEX CORPORATION			2018-06-22
	1. FEDEX CORPORATION		2017-10-25	2018-06-22
	18. FIDELITY NATL INFORMATION SVCS INC		2011-12-21	2018-06-22
	8. INTUIT COM		2011-12-21	2018-06-22
	12. LOEWS CORP		2011-12-21	2018-06-22
	4. NETFLIX.COM INC			2018-06-22
	5. PARKER HANNIFIN CORP		2017-04-28	2018-06-22
	27. AON PLC			2018-06-22
	656.87 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-06-25
	52. MERCK & CO INC NEW		2012-01-05	2018-06-25
	26. TOTAL S.A. - ADR			2018-06-25
	2. ADOBE SYS INC		2015-01-29	2018-06-27
	1. AMAZON COM INC COM		2018-02-15	2018-06-27
	6. FEDEX CORPORATION			2018-06-27
	3. NETFLIX.COM INC			2018-06-27
	11. SQUARE INC		2018-01-22	2018-06-27
	8. WORKDAY INC			2018-06-27
	3. ADOBE SYS INC		2015-01-29	2018-06-28
	2. FEDEX CORPORATION		2017-10-05	2018-06-28
	2. FEDEX CORPORATION		2017-10-05	2018-06-28
	21. JPMORGAN CHASE & CO			2018-06-28
	4. ESTEE LAUDER COMPANIES INC		2017-10-13	2018-06-28
	10. SALESFORCE COM INC			2018-06-28
	12. SQUARE INC		2018-01-22	2018-06-28
	10. WORKDAY INC			2018-06-28
	93. EPIROC(A) SHARES DEEMED RECEIVED		2017-08-09	2018-06-29
	10000. TIME WARNER CABLE IN 6.750% 7/01/18		2010-08-03	2018-07-01
	89.5 BAYER AG ADR- RIGHTS DEEMED 7/15/18			2018-07-02
	35. CENTENE CORP DEL		2014-11-11	2018-07-03
	371. DELTA AIR LINES INC		2013-07-08	2018-07-03
	58. NETAPP INC		2017-01-11	2018-07-03
	141. STANLEY BLACK DECKER INC		2016-09-13	2018-07-03
	6. VISA INC-CLASS A SHRS			2018-07-11
	16. VISA INC-CLASS A SHRS			2018-07-12
	57.31 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-07-15
	107.61 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-07-15
	1.9667 PUMA SE NPV 10/15/18		2018-07-16	2018-07-16
	12. BROADCOM INC			2018-07-17
	3. FEDEX CORPORATION			2018-07-17
	2. FEDEX CORPORATION		2017-10-05	2018-07-17
	2. PARKER HANNIFIN CORP		2017-04-28	2018-07-17
	2. PARKER HANNIFIN CORP		2017-05-01	2018-07-17
	5. PARKER HANNIFIN CORP			2018-07-18
	653.47 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-07-25
	23. AIR PRODS & CHEMS INC COM			2018-07-26
	9. ECOLAB INC		2012-07-30	2018-07-26
	18. FIDELITY NATL INFORMATION SVCS INC		2011-12-21	2018-07-26
	11. INTUIT COM		2011-12-21	2018-07-26
	25. ROSS STORES INC			2018-07-26
	9. S&P GLOBAL INC			2018-07-26
	9. AON PLC		2013-04-05	2018-07-26
	7. CONSTELLATION BRANDS INC			2018-07-27
	6. CONSTELLATION BRANDS INC			2018-07-27
	37. OCCIDENTAL PETE CORP		2016-10-25	2018-07-27
	25. PUBLIC SVC ENTERPRISE GROUP INC		2017-04-11	2018-07-27
	34. PUBLIC SVC ENTERPRISE GROUP INC		2018-03-02	2018-07-27
	37. TOTAL S.A. - ADR		2017-05-16	2018-07-27
	13. TOTAL S.A. - ADR		2017-10-10	2018-07-27
	7. CONSTELLATION BRANDS INC			2018-07-30
	283. ABAXIS INC			2018-07-31
	3. CONSTELLATION BRANDS INC			2018-07-31
	1. CONSTELLATION BRANDS INC		2018-04-04	2018-07-31
	1. CONSTELLATION BRANDS INC		2018-04-04	2018-07-31
	4. HOME DEPOT INC		2017-12-11	2018-07-31
	3. HOME DEPOT INC		2017-12-11	2018-07-31
	23. AUTODESK INC		2015-08-27	2018-08-01
	15. FIDELITY NATL INFORMATION SVCS INC		2011-12-21	2018-08-01
	4. MCDONALDS CORP		2017-10-11	2018-08-01
	13. MCDONALDS CORP			2018-08-01
	15. MOODYS CORP		2013-04-05	2018-08-01
	38. ROSS STORES INC			2018-08-01
	10. S&P GLOBAL INC		2016-01-12	2018-08-01
	9. AON PLC		2013-04-05	2018-08-01
	2. BROADCOM INC			2018-08-03
	2. BROADCOM INC		2018-05-25	2018-08-03
	15. ESTEE LAUDER COMPANIES INC			2018-08-03
	3. MCDONALDS CORP		2017-07-07	2018-08-03
	5. UNITEDHEALTH GROUP INC			2018-08-03
	130. SANOFI-ADR			2018-08-08
	136. AETNA INC-NEW		2014-06-09	2018-08-09
	51. CENTENE CORP DEL		2014-11-11	2018-08-09
	297. LINCOLN NATL CORP IND		2013-04-22	2018-08-09
	265. RAYMOND JAMES FINL INC		2017-11-13	2018-08-09
	277. TYSON FOODS INC CL A DEL		2017-12-15	2018-08-09
	24. VMWARE INC		2017-03-02	2018-08-09
	10. CATERPILLAR INC			2018-08-13
	10. ALIBABA GROUP HOLDING LTD			2018-08-14
	8. ALIBABA GROUP HOLDING LTD		2016-09-13	2018-08-14
	77. ASTRAZENECA PLC ADR			2018-08-14
	2. SANOFI-ADR		2018-04-03	2018-08-14
	131. SANOFI-ADR			2018-08-14
	23. TENCENT HOLDINGS LTD-UNS ADR			2018-08-14
	60. VERIZON COMMUNICATIONS			2018-08-14
	60.28 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-08-15
	107.61 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-08-15
	99. ASTRAZENECA PLC ADR		2016-07-22	2018-08-16
	9. AIR PRODS & CHEMS INC COM		2016-10-14	2018-08-17
	5. BOOKING HOLDINGS INC			2018-08-17
	9. MOODYS CORP		2013-04-05	2018-08-17
	10. ROPER TECHNOLOGIES INC			2018-08-17
	9. SHERWIN WILLIAMS CO			2018-08-17
	10. AON PLC		2013-04-05	2018-08-17
	7. KERINGIUNSPONSORED ADR		2018-02-15	2018-08-20
	7. KERINGIUNSPONSORED ADR			2018-08-20
	5. BROADCOM INC			2018-08-22
	5. BROADCOM INC			2018-08-22
	3. FEDEX CORPORATION		2016-09-29	2018-08-22
	2. FEDEX CORPORATION		2016-10-10	2018-08-22
	6. KERINGIUNSPONSORED ADR			2018-08-22
	6. KERINGIUNSPONSORED ADR			2018-08-22
	2000. US TREASURY NOTE 1.625% 7/31/20		2018-07-09	2018-08-22
	28000. US TREASURY NOTE 1.625% 7/31/20		2015-08-06	2018-08-22
	18. AT & T INC		2017-09-26	2018-08-23
	4. FEDEX CORPORATION			2018-08-23
	75. FERGUSON PLC-ADR		2017-06-30	2018-08-23
	6. KERINGIUNSPONSORED ADR			2018-08-23
	7. KERINGIUNSPONSORED ADR			2018-08-23
	76. NTT DOCOMO, INC. - ADR		2016-05-23	2018-08-23
	8. NESTLE S.A. REGISTERED SHARES - ADR		2013-04-09	2018-08-23
	5. NEXTERA ENERGY INC		2016-06-28	2018-08-23
	14. PFIZER INC		2013-04-09	2018-08-23
	10. ROYAL DUTCH SHELL PLC ADR		2013-04-09	2018-08-23
	14. SANOFI-ADR		2014-09-04	2018-08-23
	115. TELENOR ASA - ADR		2013-04-09	2018-08-23
	36. TE CONNECTIVITY LTD		2017-06-30	2018-08-23
	2. FEDEX CORPORATION		2016-11-02	2018-08-24
	1. FEDEX CORPORATION		2016-10-07	2018-08-24
	284.34 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-08-25
	9. AIR PRODS & CHEMS INC COM		2014-03-10	2018-08-29
	1. FEDEX CORPORATION		2016-10-07	2018-08-29
	2. FEDEX CORPORATION		2016-10-07	2018-08-29
	10. MOODYS CORP			2018-08-29
	20. ROSS STORES INC			2018-08-29
	10. S&P GLOBAL INC		2016-01-12	2018-08-29
	7. FEDEX CORPORATION			2018-08-30
	3. FEDEX CORPORATION			2018-08-31
	3. FEDEX CORPORATION		2016-10-24	2018-08-31
	4. ADOBE SYS INC		2015-01-29	2018-09-05
	3. JPMORGAN CHASE & CO		2017-07-05	2018-09-05
	3. JPMORGAN CHASE & CO			2018-09-05
	8. MONSTER BEVERAGE CORP			2018-09-11
	7. MONSTER BEVERAGE CORP		2015-04-23	2018-09-11
	18. MONSTER BEVERAGE CORP			2018-09-13
	12. SQUARE INC			2018-09-13
	3. KERINGIUNSPONSORED ADR		2018-02-14	2018-09-14
	5. KERINGIUNSPONSORED ADR			2018-09-14
	5. PNC FINANCIAL SERVICES GROUP			2018-09-14
	6. PNC FINANCIAL SERVICES GROUP			2018-09-14
	38. SYSMEX CORP-UNSPON ADR		2017-08-09	2018-09-14
	61.33 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-09-15
	106.95 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-09-15
	9. AUTODESK INC		2015-08-27	2018-09-17
	51. BROOKFIELD ASSET MANAGE-CL A			2018-09-17
	39. DENTSPLY SIRONA INC			2018-09-17
	92. FOREST CITY REALTY TRUST-A		2011-12-21	2018-09-17
	19. MOODYS CORP		2012-02-29	2018-09-17
	7. PNC FINANCIAL SERVICES GROUP			2018-09-17
	20. PROGRESSIVE CORP OHIO		2018-05-10	2018-09-17
	2. PROGRESSIVE CORP OHIO		2016-09-15	2018-09-17
	10. SHERWIN WILLIAMS CO			2018-09-17
	57. VERIZON COMMUNICATIONS			2018-09-18
	519. GENERAL MOTORS CO		2016-01-22	2018-09-19
	24. MONSTER BEVERAGE CORP			2018-09-19
	6. PNC FINANCIAL SERVICES GROUP		2018-02-01	2018-09-19
	22. UNITEDHEALTH GROUP INC		2015-02-25	2018-09-19
	7. MONSTER BEVERAGE CORP		2016-02-16	2018-09-21
	49. TOTAL S.A. - ADR			2018-09-24
	1021.94 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-09-25
	6. MONSTER BEVERAGE CORP			2018-09-25
	20000. CITIGROUP INC 2.500% 9/26/18		2015-10-26	2018-09-26
	45. ELI LILLY & CO COM		2016-12-20	2018-09-26
	40. TORONTO DOMINION BK ONT COM NEW			2018-09-26
	18. MONSTER BEVERAGE CORP			2018-09-27
	8. PAYPAL HOLDINGS INC			2018-09-27
	10. PAYPAL HOLDINGS INC			2018-09-27
	8. PAYPAL HOLDINGS INC			2018-09-28
	6. PAYPAL HOLDINGS INC		2017-10-25	2018-09-28
	16. KERINGIUNSPONSORED ADR			2018-10-01
	18. KERINGIUNSPONSORED ADR			2018-10-01
	9. MONSTER BEVERAGE CORP		2016-02-09	2018-10-01
	8. MONSTER BEVERAGE CORP		2016-02-09	2018-10-01
	6. PNC FINANCIAL SERVICES GROUP			2018-10-03
	7. PNC FINANCIAL SERVICES GROUP			2018-10-03
	7. PNC FINANCIAL SERVICES GROUP		2018-04-27	2018-10-04
	23. BROOKFIELD ASSET MANAGE-CL A		2018-02-05	2018-10-05
	89. DENTSPLY SIRONA INC			2018-10-05
	20. MOODYS CORP		2012-02-29	2018-10-05
	4. PNC FINANCIAL SERVICES GROUP			2018-10-05
	4. PNC FINANCIAL SERVICES GROUP		2018-04-26	2018-10-05
	13. PROGRESSIVE CORP OHIO		2016-09-15	2018-10-05
	32. ROSS STORES INC			2018-10-05
	13. AON PLC			2018-10-05
	8. MARRIOTT INTERNATIONAL INC CLASS A			2018-10-08
	10. PAYPAL HOLDINGS INC		2017-10-25	2018-10-08
	6. PAYPAL HOLDINGS INC		2017-10-06	2018-10-08
	9. ALIBABA GROUP HOLDING LTD		2018-09-12	2018-10-11
	10. ALIBABA GROUP HOLDING LTD			2018-10-11
	107. DENTSPLY SIRONA INC			2018-10-11
	47. PAYPAL HOLDINGS INC			2018-10-11
	11. SHERWIN WILLIAMS CO			2018-10-11
	34000. US TREASURY NOTE 1.125% 10/31/21		2016-12-15	2018-10-11
	13000. US TREASURY NOTE 1.625% 7/31/20		2018-07-09	2018-10-11
	2. ESTEE LAUDER COMPANIES INC			2018-10-12
	60.26 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-10-15
	98.78 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-10-15
	3. ESTEE LAUDER COMPANIES INC		2017-09-25	2018-10-15
	4. ESTEE LAUDER COMPANIES INC		2017-09-26	2018-10-15
	324. EXPEDITORS INTL WASH INC		2018-07-03	2018-10-16
	4. PARKER HANNIFIN CORP			2018-10-16
	11. ABBOTT LABS		2017-11-13	2018-10-17
	9. AGILENT TECHNOLOGIES INC		2017-09-07	2018-10-17
	1. ALPHABET INC/CA		2016-01-22	2018-10-17
	3. AMGEN INC		2015-01-21	2018-10-17
	5. APPLE INC		2010-07-12	2018-10-17
	7. AVERY DENNISON CORP		2015-06-11	2018-10-17
	22. BANK OF AMERICA CORP		2017-01-11	2018-10-17
	9. BAXTER INTL INC		2017-12-15	2018-10-17
	27. HP INC		2017-05-04	2018-10-17
	4. HOME DEPOT INC		2009-08-07	2018-10-17
	7. JPMORGAN CHASE & CO		2015-05-18	2018-10-17
	8. MICROSOFT CORP		2009-08-07	2018-10-17
	2. NORTHROP GRUMMAN CORP		2014-01-22	2018-10-17
	3. NVIDIA CORP		2016-04-12	2018-10-17
	10. SYSCO CORP		2016-06-14	2018-10-17
	6. TJX COMPANIES INC		2016-09-13	2018-10-17
	9. TARGET CORP		2017-09-07	2018-10-17
	7. VALERO ENERGY CORP		2014-04-30	2018-10-17
	7. WAL MART STORES INC		2016-10-31	2018-10-17
	1. ALPHABET INC/CA		2018-08-14	2018-10-18
	1. ALPHABET INC/CA		2018-08-14	2018-10-18
	6. CONCHO RESOURCES INC		2017-05-02	2018-10-18
	5. CONCHO RESOURCES INC		2017-12-21	2018-10-18
	11. FACEBOOK INC			2018-10-18
	3. PARKER HANNIFIN CORP		2016-12-16	2018-10-18
	18. TEXAS INSTRUMENTS INC			2018-10-18
	6. TEXAS INSTRUMENTS INC		2017-10-23	2018-10-18
	31. BRISTOL MYERS SQUIBB CO			2018-10-19
	4. PARKER HANNIFIN CORP		2016-12-16	2018-10-19
	27. BRISTOL MYERS SQUIBB CO			2018-10-22
	34. BRISTOL MYERS SQUIBB CO			2018-10-23
	4. PARKER HANNIFIN CORP		2016-12-05	2018-10-23
	7. BRISTOL MYERS SQUIBB CO		2018-06-18	2018-10-25
	19. BRISTOL MYERS SQUIBB CO			2018-10-25
	25. BRISTOL MYERS SQUIBB CO			2018-10-25
	27. CATERPILLAR INC			2018-10-25
	40. CELGENE CORP COM			2018-10-25
	827.76 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-10-25
	15. TEXAS INSTRUMENTS INC			2018-10-25
	13. PARKER HANNIFIN CORP			2018-10-26
	25. PHILIP MORRIS INTERNATIONAL IN		2013-04-09	2018-10-26
	8. ACTIVISION BLIZZARD INC			2018-10-29
	56. DAITO TRUST CONS-SPN ADR		2018-01-09	2018-10-29
	21. RED HAT INC			2018-10-29
	32. WPP PLC NEW		2017-08-09	2018-10-29
	9. ACTIVISION BLIZZARD INC			2018-10-30
	18. DASSAULT SYSTEMES S.A. - ADR		2017-08-09	2018-10-30
	13. PARKER HANNIFIN CORP			2018-10-30
	20000. SUNTRUST BANKS INC 2.350% 11/01/18		2017-03-22	2018-11-01
	6. CANADIAN NATL RR CO COM		2017-08-09	2018-11-06
	4. DASSAULT SYSTEMES S.A. - ADR		2017-08-09	2018-11-06
	13. FRESENIUS MEDICAL CARE ADR		2017-08-09	2018-11-06
	36. ITAU UNIBANCO BANCO HOLDING S.A. ADR		2017-08-09	2018-11-06
	5. MASTERCARD INC			2018-11-06
	2. MASTERCARD INC		2012-07-09	2018-11-06
	1. MASTERCARD INC		2018-07-13	2018-11-06
	9. UNILEVER PLC - ADR		2017-08-09	2018-11-06
	89. PUBLIC SVC ENTERPRISE GROUP INC			2018-11-07
	97. PFIZER INC			2018-11-12
	68. PUBLIC SVC ENTERPRISE GROUP INC			2018-11-12
	143. AIR LIQUIDE - ADR			2018-11-15
	11. AUTODESK INC			2018-11-15
	9. BROOKFIELD ASSET MANAGE-CL A			2018-11-15
	37. BROOKFIELD ASSET MANAGE-CL A			2018-11-15
	60.54 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-11-15
	99.22 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-11-15
	19. LIBERTY EXPEDIA HOLDINGS INC			2018-11-15
	159. PFIZER INC			2018-11-15
	44. ROSS STORES INC			2018-11-15
	9. S&P GLOBAL INC		2016-01-12	2018-11-15
	9. AON PLC		2011-12-21	2018-11-15
	15. CATERPILLAR INC			2018-11-20
	74. COMPASS GROUP PLC ADR			2018-11-20
	27. EXXON MOBIL CORPORATION			2018-11-20
	14. JPMORGAN CHASE & CO		2017-12-13	2018-11-20
	55. SIEMENS AG - SPONSORED ADR			2018-11-20
	4. TIFFANY & CO NEW		2018-07-23	2018-11-20
	3. TIFFANY & CO NEW			2018-11-20
	69. BBA AVIATION PLC-UNSPON ADR		2017-08-09	2018-11-21
	55. CSL LTE-SPONSORED ADR		2017-08-09	2018-11-21
	8. CATERPILLAR INC		2017-10-25	2018-11-21
	8. NVIDIA CORP			2018-11-21
	9. TIFFANY & CO NEW			2018-11-21
	10. TIFFANY & CO NEW			2018-11-21
	278.17 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-11-25
	9. CATERPILLAR INC		2017-10-25	2018-11-27
	13. NVIDIA CORP			2018-11-29
	79. ASTRAZENECA PLC ADR			2018-11-30
	29. PUBLIC STORAGE INC COM			2018-11-30
	51. VERIZON COMMUNICATIONS		2014-02-25	2018-11-30
	85. COCA COLA CO			2018-12-04
	26. PUBLIC STORAGE INC COM			2018-12-04
	4. TEXAS INSTRUMENTS INC		2017-01-30	2018-12-07
	6. APPLE INC		2018-08-01	2018-12-10
	11. TEXAS INSTRUMENTS INC			2018-12-10
	7. APPLE INC		2018-08-01	2018-12-11
	15. TEXAS INSTRUMENTS INC			2018-12-11
	17. TEXAS INSTRUMENTS INC		2017-01-20	2018-12-11
	25000. BP CAPITAL MARKETS 4.500% 10/01/20		2015-07-29	2018-12-12
	4. CONCHO RESOURCES INC		2017-05-02	2018-12-12
	9. CONCHO RESOURCES INC			2018-12-12
	3. FLEETCOR TECHNOLOGIES INC		2018-06-20	2018-12-12
	4. MCDONALDS CORP			2018-12-12
	18. PUBLIC STORAGE INC COM			2018-12-12
	4. PUBLIC STORAGE INC COM		2017-07-28	2018-12-12
	30000. US TREASURY NOTE 1.625% 11/30/21		2016-12-15	2018-12-12
	4. CONCHO RESOURCES INC		2013-10-01	2018-12-13
	5. CONCHO RESOURCES INC		2013-10-01	2018-12-13
	60. AIA GROUP LTD - SP ADR		2017-08-09	2018-12-14
	4. APPLE INC		2009-08-10	2018-12-14
	5. APPLE INC		2018-08-01	2018-12-14
	101. FRESENIUS MEDICAL CARE ADR		2017-08-09	2018-12-14
	1193.1 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2018-12-15
	99.36 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2018-12-15
	7. ADOBE SYS INC		2018-10-25	2018-12-17
	3. ADOBE SYS INC		2015-01-29	2018-12-17
	4. CONCHO RESOURCES INC			2018-12-17
	2. CONCHO RESOURCES INC		2013-10-02	2018-12-17
	13. CONCHO RESOURCES INC			2018-12-19
	11. CONCHO RESOURCES INC			2018-12-19
	29. COLFAX CORPORATION			2018-12-20
	9. DOLLAR GENERAL CORP		2018-06-22	2018-12-20
	14. MOHAWK INDS INC COM			2018-12-20
	7. MOODYS CORP		2012-02-29	2018-12-20
	8. O'REILLY AUTOMOTIVE INC		2017-07-05	2018-12-20
	12. ROPER TECHNOLOGIES INC			2018-12-20
	37. ROSS STORES INC		2014-10-02	2018-12-20
	13. S&P GLOBAL INC			2018-12-20
	12. AON PLC		2011-12-21	2018-12-20
	14. ALEXION PHARMACEUTICALS INC			2018-12-21
	4. ALEXION PHARMACEUTICALS INC		2018-09-27	2018-12-21
	1163.15 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2018-12-25
	9. MARRIOTT INTERNATIONAL INC CLASS A			2019-01-03
	21. ALBEMARLE CORP COM			2019-01-04
	7. FLEETCOR TECHNOLOGIES INC			2019-01-04
	5. MARRIOTT INTERNATIONAL INC CLASS A			2019-01-04
	201. FANUC LTD ADR		2017-08-09	2019-01-07
	13. WEIBO CORP-SPON ADR		2018-10-03	2019-01-07
	47. WEIBO CORP-SPON ADR			2019-01-07
	42. ALTRIA GROUP INC			2019-01-08
	6. ALTRIA GROUP INC		2016-10-25	2019-01-08
	99. ASTRAZENECA PLC ADR			2019-01-08
	8. COCA COLA CO			2019-01-08
	56. COCA COLA CO			2019-01-08
	5. ALBEMARLE CORP COM			2019-01-09
	10. ALBEMARLE CORP COM			2019-01-09
	6. FLEETCOR TECHNOLOGIES INC			2019-01-09
	3. ALTRIA GROUP INC		2018-04-03	2019-01-10
	39. ALTRIA GROUP INC			2019-01-10
	94. ASTRAZENECA PLC ADR		2017-02-10	2019-01-10
	51. VERIZON COMMUNICATIONS			2019-01-10
	3. VERIZON COMMUNICATIONS		2019-01-04	2019-01-10
	11. ALBEMARLE CORP COM			2019-01-14
	7. ANALOG DEVICES INC			2019-01-14
	18. APPLE INC		2009-08-10	2019-01-14
	25. AXA - ADR		2017-09-26	2019-01-14
	9. CVS HEALTH CORPORATION		2017-03-10	2019-01-14
	10. DOWDUPONT INC		2018-05-17	2019-01-14
	2. LOCKHEED MARTIN CORP		2013-04-09	2019-01-14
	7. NOVARTIS AG - ADR		2014-11-14	2019-01-14
	11. UNILEVER N.V. - ADR			2019-01-14
	46.43 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2019-01-15
	99.68 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2019-01-15
	4. ALBEMARLE CORP COM		2017-01-04	2019-01-16
	8. ALBEMARLE CORP COM			2019-01-16
	6. ALBEMARLE CORP COM			2019-01-16
	9. ALBEMARLE CORP COM			2019-01-16
	10. ALBEMARLE CORP COM			2019-01-16
	4. NETFLIX.COM INC		2018-10-29	2019-01-16
	3. NETFLIX.COM INC		2018-10-29	2019-01-16
	14. AUTODESK INC			2019-01-17
	11. CELGENE CORP COM			2019-01-17
	4. O'REILLY AUTOMOTIVE INC		2017-07-05	2019-01-17
	5. S&P GLOBAL INC		2016-01-26	2019-01-17
	4. AON PLC		2011-12-21	2019-01-17
	12. CELGENE CORP COM		2013-02-05	2019-01-18
	7. CELGENE CORP COM			2019-01-18
	6. CELGENE CORP COM		2013-02-05	2019-01-22
	11. NVIDIA CORP			2019-01-22
	20. ALIBABA GROUP HOLDING LTD			2019-01-23
	20. ALIBABA GROUP HOLDING LTD			2019-01-23
	12. CELGENE CORP COM		2013-02-05	2019-01-23
	19. TENCENT HOLDINGS LTD-UNS ADR			2019-01-23
	16. TENCENT HOLDINGS LTD-UNS ADR			2019-01-23
	16. TENCENT HOLDINGS LTD-UNS ADR		2018-03-22	2019-01-23
	9. TENCENT HOLDINGS LTD-UNS ADR		2018-03-22	2019-01-23
	9. TENCENT HOLDINGS LTD-UNS ADR		2018-03-22	2019-01-23
	10. MERCK & CO INC NEW		2018-12-21	2019-01-24
	649.68 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2019-01-25
	9. MERCK & CO INC NEW		2018-12-21	2019-01-25
	86. NASPERS LTD-N SHS SPON ADR		2017-08-09	2019-01-25
	6. ALTRIA GROUP INC		2016-10-11	2019-01-29
	63. ALTRIA GROUP INC			2019-01-29
	66. COCA COLA CO			2019-01-29
	10. COCA COLA CO		2018-04-03	2019-01-29
	25000. U S TREASURY NT 3.125% 5/25/21		2011-05-25	2019-01-29
	20000. US TREASURY NOTE 2.125% 8/15/21		2011-09-27	2019-01-29
	6. VERIZON COMMUNICATIONS		2018-04-03	2019-01-29
	47. VERIZON COMMUNICATIONS		2016-11-16	2019-01-29
	29. CDK GLOBAL INC		2015-11-20	2019-01-31
	20. CDK GLOBAL INC			2019-01-31
	1.9997 MCDONALDS CORP		2019-01-24	2019-01-31
	7.0003 MCDONALDS CORP		2019-01-24	2019-01-31
	12. MOODYS CORP			2019-01-31
	4. O'REILLY AUTOMOTIVE INC			2019-01-31
	2. ROPER TECHNOLOGIES INC		2015-02-17	2019-01-31
	393. ABBOTT LABS		2017-11-13	2019-02-01
	6. AMERICAN TOWER REIT		2017-06-05	2019-02-01
	11. APPLIED INDL TECHNOLOGIES INC COM		2018-02-20	2019-02-01
	26. CENTERPOINT ENERGY INC		2017-09-07	2019-02-01
	6. CHEVRON CORP		2016-06-14	2019-02-01
	15. CISCO SYSTEMS INC		2018-03-20	2019-02-01
	19. CITIZENS FINANCIAL GROUP INC		2017-01-11	2019-02-01
	4. COSTCO WHOLESALE CORP		2018-03-20	2019-02-01
	5. CUMMINS INC.		2017-11-13	2019-02-01
	17. INTEL CORP		2015-01-21	2019-02-01
	26. JABIL CIRCUIT INC COM		2015-12-21	2019-02-01
	6. JOHNSON & JOHNSON		2017-08-01	2019-02-01
	6. LEAR CORP		2013-09-20	2019-02-01
	10. NETAPP INC		2017-01-11	2019-02-01
	220. NORTHERN TRUST CORP		2018-08-09	2019-02-01
	38. ON SEMICONDUCTOR CORP		2017-11-13	2019-02-01
	12. PROLOGIS INC		2016-09-13	2019-02-01
	7. PRUDENTIAL FINL INC		2015-08-13	2019-02-01
	331. SYSCO CORP		2016-06-14	2019-02-01
	10. CANADIAN NATL RR CO COM		2017-08-09	2019-02-07
	103. GRUPO FIN BANORTE-SPON ADR		2017-08-09	2019-02-07
	7. MCDONALDS CORP		2018-12-27	2019-02-07
	9. MCDONALDS CORP			2019-02-07
	54. TENARIS S.A. - ADR		2017-08-09	2019-02-07
	67. LVMH MOET HENNESSY UNSP ADR - ADR		2017-08-09	2019-02-08
	17. MCDONALDS CORP			2019-02-08
	2. UNITEDHEALTH GROUP INC		2018-06-01	2019-02-08
	2. UNITEDHEALTH GROUP INC		2017-10-26	2019-02-08
	5. ACTIVISION BLIZZARD INC		2018-03-08	2019-02-12
	42. ACTIVISION BLIZZARD INC			2019-02-12
	26. MICROSOFT CORP			2019-02-12
	2. MICROSOFT CORP		2017-03-17	2019-02-12
	22. MCDONALDS CORP			2019-02-13
	23. CDK GLOBAL INC		2015-11-20	2019-02-15
	46.61 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2019-02-15
	100.01 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2019-02-15
	25000. GENERAL MILLS INC 5.650% 2/15/19		2013-10-30	2019-02-15
	17. HD SUPPLY HOLDINGS INC		2017-05-25	2019-02-15
	1. METTLER-TOLEDO INTL INC		2018-06-22	2019-02-15
	23. ACTIVISION BLIZZARD INC			2019-02-19
	24. ACTIVISION BLIZZARD INC			2019-02-20
	25. ACTIVISION BLIZZARD INC			2019-02-21
	12. ACTIVISION BLIZZARD INC		2017-03-20	2019-02-22
	33. JPMORGAN CHASE & CO			2019-02-22
	155. KRAFT HEINZ CO/THE			2019-02-22
	12. ACTIVISION BLIZZARD INC			2019-02-25
	568.6 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2019-02-25
	7. HOME DEPOT INC			2019-02-27
	6. HOME DEPOT INC			2019-02-27
	13. JPMORGAN CHASE & CO			2019-02-28
	11. UNITEDHEALTH GROUP INC			2019-02-28
	29. AMERICAN ELECTRIC POWER INC			2019-03-01
	6. AMERICAN ELECTRIC POWER INC			2019-03-01
	11. HD SUPPLY HOLDINGS INC		2017-05-25	2019-03-01
	5. O'REILLY AUTOMOTIVE INC		2011-12-21	2019-03-01
	31. PROCTER & GAMBLE CO		2019-01-08	2019-03-01
	10. SBA COMMUNICATIONS CORP			2019-03-01
	4. TRANSDIGM GROUP INC			2019-03-01
	173. VODAFONE GROUP PLC-SP ADR			2019-03-01
	8. ANALOG DEVICES INC		2018-02-22	2019-03-05
	67. LAS VEGAS SANDS CORP			2019-03-05
	4. UNITEDHEALTH GROUP INC		2017-09-01	2019-03-05
	2. COSTCO WHOLESALE CORP		2019-01-04	2019-03-06
	6. GOLDMAN SACHS GROUP INC			2019-03-06
	3860.838 OAKMARK INTERNATIONAL-INST #2886		2013-04-01	2019-03-06
	8. MICROSOFT CORP		2017-03-17	2019-03-06
	15. NIKE INC CL B		2018-08-21	2019-03-06
	10785. PRINCIPAL PREFERRED SEC-R6 #8200			2019-03-06
	132. AT & T INC			2019-03-07
	41. ABBVIE INC		2018-03-20	2019-03-07
	49. ABBVIE INC			2019-03-07
	57. AGILENT TECHNOLOGIES INC		2017-09-07	2019-03-07
	13. AIR PRODS & CHEMS INC COM		2014-02-19	2019-03-07
	88. ALLISON TRANSMISSION HOLDINGS		2018-09-19	2019-03-07
	4. ALPHABET INC/CA		2016-01-22	2019-03-07
	14. ALTRIA GROUP INC		2018-06-18	2019-03-07
	39. ALTRIA GROUP INC			2019-03-07
	3. AMERCO		2017-03-27	2019-03-07
	12. AMERICAN ELECTRIC POWER INC		2012-05-23	2019-03-07
	25. AMERICAN TOWER REIT		2017-06-05	2019-03-07
	18. AMGEN INC		2015-01-21	2019-03-07
	14. ANSYS INC			2019-03-07
	32. APPLE INC		2010-07-12	2019-03-07
	57. APPLIED INDL TECHNOLOGIES INC COM		2018-02-20	2019-03-07
	14. APTARGROUP INC COM		2011-12-21	2019-03-07
	44. ASPEN TECHNOLOGY INC COM			2019-03-07
	1. ATRION CORP		2019-03-05	2019-03-07
	2. ATRION CORP		2019-02-06	2019-03-07
	14. AUTODESK INC			2019-03-07
	69. AUTOHOME INC-ADR		2015-10-01	2019-03-07
	43. AVERY DENNISON CORP		2015-06-11	2019-03-07
	72. BCE INC			2019-03-07
	23. BP PLC - ADR		2013-01-14	2019-03-07
	72. BP PLC - ADR		2018-09-18	2019-03-07
	148. BANK OF AMERICA CORP		2017-01-11	2019-03-07
	64. BAXTER INTL INC		2017-12-15	2019-03-07
	53. BLACK KNIGHT INC			2019-03-07
	75. BRITISH AMERICAN TOBACCO P.L.C - ADR			2019-03-07
	123. BROOKFIELD ASSET MANAGE-CL A			2019-03-07
	58. BROWN & BROWN INC			2019-03-07
	16. BROWN FORMAN CORP CL B			2019-03-07
	86. CBRE GROUP INC		2019-02-01	2019-03-07
	31. CBRE GROUP INC		2018-11-15	2019-03-07
	31. CBRE GROUP INC			2019-03-07
	59. CDW CORP/DE			2019-03-07
	7. CANADIAN IMPERIAL BK OF COMMERCE		2017-10-18	2019-03-07
	23. CANADIAN IMPERIAL BK OF COMMERCE		2018-08-16	2019-03-07
	28. CARMAX INC			2019-03-07
	24. CARMAX INC			2019-03-07
	29. CASEYS GEN STORES INC		2019-02-01	2019-03-07
	71. CENTENE CORP DEL		2014-11-11	2019-03-07
	117. CENTERPOINT ENERGY INC		2017-09-07	2019-03-07
	27. CHEVRON CORP		2016-06-14	2019-03-07
	32. CHEVRON CORP			2019-03-07
	88. CISCO SYSTEMS INC		2018-03-20	2019-03-07
	88. CITIZENS FINANCIAL GROUP INC		2017-01-11	2019-03-07
	68. COCA COLA CO		2019-03-01	2019-03-07
	46. COLFAX CORPORATION			2019-03-07
	48. COPART INC COM			2019-03-07
	113. COPART INC COM		2011-12-21	2019-03-07
	21. COSTCO WHOLESALE CORP		2018-03-20	2019-03-07
	35. CROWN CASTLE INTL CORP			2019-03-07
	22. CUMMINS INC.		2017-11-13	2019-03-07
	13. DOLLAR GENERAL CORP		2018-06-22	2019-03-07
	52. DOMINION RES INC VA			2019-03-07
	3. DOMINOS PIZZA INC		2019-03-01	2019-03-07
	32. DONALDSON CO INC		2016-02-10	2019-03-07
	51. DRIL-QUIP INC COM			2019-03-07
	35. DUKE ENERGY HOLDING CORP. COM			2019-03-07
	6. DUKE ENERGY HOLDING CORP. COM			2019-03-07
	5. ECHOSTAR CORPORATION		2011-12-21	2019-03-07
	59. EMCOR GROUP INC COM		2016-12-13	2019-03-07
	59. ENCOMPASS HEALTH CORP		2018-08-09	2019-03-07
	1. EQUINIX INC		2019-02-15	2019-03-07
	2. EQUINIX INC		2015-11-02	2019-03-07
	43. EVERCORE PARTNERS INC		2018-07-03	2019-03-07
	168. EXELIXIS INC		2019-02-01	2019-03-07
	52. EXXON MOBIL CORPORATION		2017-09-07	2019-03-07
	46. EXXON MOBIL CORPORATION			2019-03-07
	13. FACTSET RESH SYS INC COM		2016-12-20	2019-03-07
	3. FASTENAL CO		2012-05-10	2019-03-07
	11. FASTENAL CO		2018-11-15	2019-03-07
	76. FNF GROUP			2019-03-07
	24. FIRST REPUBLIC BANK/SAN FRANCI			2019-03-07
	13. GCI LIBERTY INC		2019-01-17	2019-03-07
	8. GCI LIBERTY INC			2019-03-07
	11. GARTNER INC		2018-02-05	2019-03-07
	16. GARTNER INC			2019-03-07
	34. GENERAL MILLS INC			2019-03-07
	87. GLAXOSMITHKLINE PLC - ADR			2019-03-07
	74. GRACO INC		2018-10-18	2019-03-07
	17. GUIDEWIRE SOFTWARE INC		2018-09-17	2019-03-07
	76. HFF INC			2019-03-07
	187. HP INC		2017-05-04	2019-03-07
	4. HEICO CORP CL A		2018-08-17	2019-03-07
	17. HENRY JACK & ASSOC INC COM		2011-12-21	2019-03-07
	33. HILTON WORLDWIDE HOLDINGS IN			2019-03-07
	28. HOME DEPOT INC		2009-08-07	2019-03-07
	5. HOWARD HUGHES CORP/THE		2017-05-24	2019-03-07
	1.00007 HOWARD HUGHES CORP/THE		2018-09-17	2019-03-07
	7.99993 HOWARD HUGHES CORP/THE		2018-09-17	2019-03-07
	101. HUNTINGTON BANCSHARES INC		2018-11-15	2019-03-07
	151. HUNTSMAN CORP		2018-03-20	2019-03-07
	13. HYATT HOTELS CORP		2018-08-29	2019-03-07
	5. IDEXX CORP		2018-08-01	2019-03-07
	75. INTEL CORP		2015-01-21	2019-03-07
	48. JPMORGAN CHASE & CO		2015-05-18	2019-03-07
	119. JABIL CIRCUIT INC COM		2015-12-21	2019-03-07
	26. JOHNSON & JOHNSON		2017-08-01	2019-03-07
	14. KAR AUCTION SERVICES INC		2018-08-01	2019-03-07
	16.99995 KKR & CO INC -A		2018-09-17	2019-03-07
	48.00005 KKR & CO INC -A			2019-03-07
	57. KENNEDY-WILSON HOLDINGS INC		2018-08-29	2019-03-07
	22. KIMBERLY CLARK CORP COM		2019-01-10	2019-03-07
	24. LEAR CORP		2013-09-20	2019-03-07
	10. LENNAR CORPORATION CLASS A COMMON		2018-02-05	2019-03-07
	16. LENNAR CORPORATION CLASS A COMMON			2019-03-07
	7. LIBERTY BROADBAND CORP		2015-12-10	2019-03-07
	11. LIBERTY BROADBAND CORP			2019-03-07
	9. LIBERTY EXPEDIA HOLDINGS INC		2013-04-05	2019-03-07
	12. LIBERTY SIRIUSXM GROUP		2011-12-21	2019-03-07
	25. LIBERTY SIRIUSXM GROUP		2011-12-21	2019-03-07
	45. LIBERTY MEDIA GROUP			2019-03-07
	3. LIBERTY MEDIA GROUP		2011-12-21	2019-03-07
	5. M & T BANK CORPORATION COM		2011-12-21	2019-03-07
	5. MSCI INC		2018-07-26	2019-03-07
	145. MACY'S INC		2018-05-03	2019-03-07
	52. MARATHON PETROLEUM CORP.		2018-10-16	2019-03-07
	1. MARKEL HOLDINGS		2018-07-26	2019-03-07
	2. MARKEL HOLDINGS		2013-04-05	2019-03-07
	14. MARKETAXESS HLDGS INC		2014-05-07	2019-03-07
	12. MARTIN MARIETTA MATLS INC COM			2019-03-07
	5. MARTIN MARIETTA MATLS INC COM		2018-05-10	2019-03-07
	3. METTLER-TOLEDO INTL INC			2019-03-07
	51. MICROSOFT CORP		2009-08-07	2019-03-07
	19.99981 MICROCHIP TECHNOLOGY INC COM			2019-03-07
	3.00019 MICROCHIP TECHNOLOGY INC COM		2018-05-10	2019-03-07
	1. MOELIS & CO		2018-03-13	2019-03-07
	42. MOELIS & CO		2018-03-06	2019-03-07
	4. MOHAWK INDS INC COM			2019-03-07
	7. MOODYS CORP		2012-05-10	2019-03-07
	5. MOTOROLA SOLUTIONS, INC.		2011-12-21	2019-03-07
	51. NATIONAL GRID PLC-SP ADR			2019-03-07
	72. NETAPP INC		2017-01-11	2019-03-07
	12. NORTHROP GRUMMAN CORP		2014-01-22	2019-03-07
	23. NVIDIA CORP		2016-04-12	2019-03-07
	10. O'REILLY AUTOMOTIVE INC		2011-12-21	2019-03-07
	20. OCCIDENTAL PETE CORP		2018-04-05	2019-03-07
	16. OCCIDENTAL PETE CORP		2016-10-25	2019-03-07
	28. OLD DOMINION FREIGHT LINES INC			2019-03-07
	171. ON SEMICONDUCTOR CORP		2017-11-13	2019-03-07
	7. PNC FINANCIAL SERVICES GROUP		2018-11-30	2019-03-07
	37. PPL CORPORATION		2019-03-01	2019-03-07
	55. PPL CORPORATION			2019-03-07
	18. PEPSICO INC		2018-12-12	2019-03-07
	50. PHILIP MORRIS INTERNATIONAL IN			2019-03-07
	8. PHILIP MORRIS INTERNATIONAL IN		2014-01-06	2019-03-07
	24. POOL CORPORATION		2017-11-14	2019-03-07
	29. PRICESMART INC		2015-06-11	2019-03-07
	44. PRIMERICA INC			2019-03-07
	5. PROCTER & GAMBLE CO			2019-03-07
	21. PROCTER & GAMBLE CO			2019-03-07
	74. PROGRESSIVE CORP OHIO		2018-08-09	2019-03-07
	22. PROGRESSIVE CORP OHIO			2019-03-07
	53. PROLOGIS INC		2016-09-13	2019-03-07
	32. PRUDENTIAL FINL INC		2015-08-13	2019-03-07
	17. RLI CORP COM		2011-12-21	2019-03-07
	16. RBC BEARINGS INC		2011-12-21	2019-03-07
	6.00073 REALPAGE INC		2018-09-17	2019-03-07
	14.99927 REALPAGE INC		2018-09-17	2019-03-07
	8. REALTY INCOME CORP COM			2019-03-07
	8. REALTY INCOME CORP COM		2013-07-05	2019-03-07
	50. RESTAURANT BRANDS INTERN			2019-03-07
	14. RESTAURANT BRANDS INTERN		2018-01-12	2019-03-07
	340. RIGHTMOVE PLC-UNSP ADR			2019-03-07
	7. ROPER TECHNOLOGIES INC			2019-03-07
	2. ROSS STORES INC		2014-10-02	2019-03-07
	6. S&P GLOBAL INC		2016-01-26	2019-03-07
	30. SBA COMMUNICATIONS CORP			2019-03-07
	61. SOUTHERN CO		2018-01-17	2019-03-07
	42. SUMMIT MATERIALS INC		2018-08-29	2019-03-07
	79. TJX COMPANIES INC		2016-09-13	2019-03-07
	64. TARGET CORP		2017-09-07	2019-03-07
	23. TELEDYNE TECHNOLOGIES INC			2019-03-07
	30. TORO CO		2018-03-27	2019-03-07
	38. TOTAL S.A. - ADR		2019-03-01	2019-03-07
	13. TRANSDIGM GROUP INC			2019-03-07
	35. TRANSUNION			2019-03-07
	27. UNITED PARCEL SERVICE-CL B			2019-03-07
	18. UNITEDHEALTH GROUP INC		2015-02-25	2019-03-07
	10. VAIL RESORTS INC COM			2019-03-07
	44. VALERO ENERGY CORP		2014-04-30	2019-03-07
	40. VENTAS INC COM		2018-12-04	2019-03-07
	19. VERISIGN INC COM		2011-12-21	2019-03-07
	7. VERIZON COMMUNICATIONS		2018-04-03	2019-03-07
	56. VERIZON COMMUNICATIONS			2019-03-07
	24. VERISK ANALYTICS INC			2019-03-07
	37. VMWARE INC		2017-03-02	2019-03-07
	127. VODAFONE GROUP PLC-SP ADR			2019-03-07
	9. VULCAN MATERIALS COMPANY		2018-05-10	2019-03-07
	15. VULCAN MATERIALS COMPANY			2019-03-07
	28. WABCO HOLDINGS INC		2018-04-24	2019-03-07
	44. WAL MART STORES INC		2016-10-31	2019-03-07
	6. WELLTOWER INC		2019-01-04	2019-03-07
	22. WELLTOWER INC			2019-03-07
	33. ZEBRA TECHNOLOGIES CORP CL A		2018-08-09	2019-03-07
	8. AON PLC		2011-12-21	2019-03-07
	8. ARCH CAPITAL GROUP LTD		2018-02-05	2019-03-07
	57. ARCH CAPITAL GROUP LTD			2019-03-07
	35. IHS MARKIT LTD			2019-03-07
	12. IHS MARKIT LTD		2018-05-10	2019-03-07
	31. INVESCO LIMITED		2018-06-25	2019-03-07
	20. LIBERTY GLOBAL PLC-A			2019-03-07
	39. LIBERTY GLOBAL PLC-SERIES C		2013-04-05	2019-03-07
	18. WIX.COM LTD			2019-03-07
	148. AIR LIQUIDE - ADR		2017-08-09	2019-03-11
	13. DASSAULT SYSTEMES S.A. - ADR		2017-08-09	2019-03-11
	123. ITAU UNIBANCO BANCO HOLDING S.A. ADR		2017-08-09	2019-03-11
	5. MARRIOTT INTERNATIONAL INC CLASS A			2019-03-11
	3. MARRIOTT INTERNATIONAL INC CLASS A		2016-01-20	2019-03-11
	86. MONOTARO CO LTD-UNSP ADR		2017-10-16	2019-03-11
	66. ROYAL DUTCH SHELL PLC ADR		2017-08-09	2019-03-11
	7. JPMORGAN CHASE & CO			2019-03-12
	5. MARRIOTT INTERNATIONAL INC CLASS A		2016-01-20	2019-03-12
	46.8 FHLMC POOL J11164 4.500% 11/01/24		2010-08-11	2019-03-15
	100.58 FHLMC POOL #J19244 3.500% 6/01/27		2014-03-10	2019-03-15
	11. FACEBOOK INC			2019-03-18
	3. FACEBOOK INC		2018-05-02	2019-03-18
	6. FACEBOOK INC			2019-03-18
	.4 MULTICHOICE GROUP LTD		2019-03-04	2019-03-20
	8. GOLDMAN SACHS GROUP INC			2019-03-21
	2. GOLDMAN SACHS GROUP INC		2018-11-02	2019-03-21
	16. CROWN CASTLE INTL CORP			2019-03-22
	6. CROWN CASTLE INTL CORP		2016-07-22	2019-03-22
	145. VODAFONE GROUP PLC-SP ADR			2019-03-22
	20. ANALOG DEVICES INC		2018-02-22	2019-03-25
	20000. CAPITAL ONE FINANCIA 2.450% 4/24/19		2015-10-26	2019-03-25
	87. DOWDUPONT INC		2018-05-17	2019-03-25
	269.1 FNMA POOL #AB9335 3.000% 5/01/28		2016-02-09	2019-03-25
	15. GOLDMAN SACHS GROUP INC			2019-03-25
	63. TORONTO DOMINION BK ONT COM NEW			2019-03-25
	35000. US BANCORP 2.200% 4/25/19			2019-03-25
	4. GOLDMAN SACHS GROUP INC		2016-07-12	2019-03-26
	3. GOLDMAN SACHS GROUP INC		2016-07-12	2019-03-26
	16. KAR AUCTION SERVICES INC			2019-03-27
	42. KAR AUCTION SERVICES INC		2013-04-05	2019-03-27
	2. SBA COMMUNICATIONS CORP		2016-06-08	2019-03-27
	4. AON PLC		2011-12-21	2019-03-27
	9. GOLDMAN SACHS GROUP INC		2016-07-11	2019-03-28
	40. AIA GROUP LTD - SP ADR		2017-08-09	2019-03-29
	26. ALLIANZ SE ADR			2019-03-29
	9. MULTICHOICE GROUP LTD		2019-03-04	2019-03-29
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	20,000	22,040	-2,040
b	2,008	1,411	597
c	953	675	278
d	1,698	535	1,163
e	1,103	783	320
	446	391	55
	444	334	110
	294	223	71
	568	536	32
	1,878	1,465	413
	1,258	1,188	70
	2,673	1,358	1,315
	1,004	1,132	-128
	1,435	1,516	-81
	223	251	-28
	112	107	5
	390	368	22
	280	259	21
	2,185	2,454	-269
	900	1,011	-111
	4,790	2,680	2,110
	221	213	8
	2,869	2,020	849
	138	111	27
	651	765	-114
	464	538	-74
	93	91	2
	276	275	1
	138	138
	416	413	3
	139	138	1
	57		57
	109	114	-5
	2,146	2,621	-475
	52	56	-4
	608	349	259
	1,986	1,465	521
	671	1,301	-630
	105	111	-6
	785	838	-53
	890	947	-57
	453	396	57
	6,901	4,199	2,702
	837	305	532
	836	118	718
	1,466	1,675	-209
	205	223	-18
	256	277	-21
	563	567	-4
	1,528	1,010	518
	1,171	1,157	14
	290	304	-14
	1,792	2,505	-713
	268	333	-65
	1,611	1,766	-155
	2,081	2,283	-202
	17,579	6,806	10,773
	6,968	5,475	1,493
	3,295	1,739	1,556
	5,315	4,083	1,232
	2,945	2,589	356
	72	70	2
	491	529	-38
	3,050	2,059	991
	667	487	180
	3,085	1,149	1,936
	486	529	-43
	729	793	-64
	243	264	-21
	3,716	2,898	818
	1,328	668	660
	1,572	386	1,186
	2,909	795	2,114
	2,797	2,029	768
	1,486	701	785
	2,535	4,730	-2,195
	984	924	60
	3,937	4,686	-749
	1,720	1,084	636
	1,285	1,257	28
	840	717	123
	2,347	1,763	584
	61		61
	107	113	-6
	989	1,041	-52
	25,000	29,413	-4,413
	1,215	1,362	-147
	733	624	109
	626	533	93
	743	732	11
	743	727	16
	1,357	1,363	-6
	470	396	74
	572	286	286
	3,947	4,548	-601
	602	519	83
	655	835	-180
	581	297	284
	631	455	176
	583	329	254
	586	673	-87
	1,170	950	220
	4,154	3,396	758
	1,803	1,468	335
	1,809	1,450	359
	1,078	1,094	-16
	1,076	1,073	3
	1,301	946	355
	1,118	795	323
	1,610	1,591	19
	1,337	963	374
	686	719	-33
	932	232	700
	3,152	848	2,304
	1,991	1,163	828
	2,415	1,517	898
	348	429	-81
	350	426	-76
	1,478	1,467	11
	1,108	1,097	11
	650	585	65
	811	732	79
	917	1,024	-107
	730	544	186
	1,095	397	698
	1,158	1,342	-184
	529	580	-51
	535	682	-147
	537	521	16
	541	456	85
	607	683	-76
	530	636	-106
	2,616	3,092	-476
	2,081	1,115	966
	2,433	989	1,444
	1,609	1,076	533
	1,677	1,535	142
	59		59
	107	113	-6
	691	803	-112
	3,558	1,155	2,403
	26,982	27,756	-774
	3,660	2,331	1,329
	2,350	2,098	252
	1,454	1,410	44
	3	3
	5,482	4,132	1,350
	975	478	497
	726	711	15
	242	226	16
	1,941	464	1,477
	1,652	424	1,228
	586	451	135
	1,649	493	1,156
	801	807	-6
	3,704	2,051	1,653
	657	689	-32
	3,171	2,020	1,151
	1,569	1,421	148
	479	141	338
	1,669	1,458	211
	1,383	1,339	44
	1,183	197	986
	662	483	179
	948	703	245
	719	211	508
	452	440	12
	453	440	13
	2,194	2,376	-182
	565	446	119
	1,345	1,240	105
	726	527	199
	1,184	851	333
	911	850	61
	10,000	11,772	-1,772
	149		149
	4,374	1,657	2,717
	18,183	7,075	11,108
	4,536	2,059	2,477
	18,686	16,956	1,730
	831	303	528
	2,229	748	1,481
	57		57
	108	113	-5
	1,118	1,003	115
	2,477	3,203	-726
	691	525	166
	461	440	21
	316	323	-7
	316	318	-2
	800	781	19
	653	685	-32
	3,734	3,139	595
	1,284	614	670
	1,966	464	1,502
	2,399	583	1,816
	2,199	1,309	890
	1,913	817	1,096
	1,332	539	793
	1,504	1,607	-103
	1,289	1,365	-76
	3,104	2,772	332
	1,297	1,126	171
	1,764	1,643	121
	2,362	2,000	362
	830	703	127
	1,464	1,574	-110
	23,489	9,354	14,135
	627	672	-45
	209	224	-15
	209	224	-15
	790	727	63
	592	545	47
	2,929	1,137	1,792
	1,544	386	1,158
	626	651	-25
	2,035	2,023	12
	2,568	777	1,791
	3,284	1,894	1,390
	1,981	887	1,094
	1,282	539	743
	430	469	-39
	430	496	-66
	2,035	1,653	382
	466	465	1
	1,285	1,210	75
	5,542	5,509	33
	26,371	10,755	15,616
	7,037	2,415	4,622
	19,846	9,334	10,512
	24,121	22,036	2,085
	16,535	22,544	-6,009
	3,675	2,166	1,509
	1,358	1,398	-40
	1,724	1,041	683
	1,379	795	584
	2,998	2,373	625
	82	79	3
	5,403	5,216	187
	1,021	1,356	-335
	3,170	3,013	157
	60		60
	108	113	-5
	3,755	3,035	720
	1,495	1,195	300
	9,147	3,219	5,928
	1,541	466	1,075
	2,970	1,709	1,261
	3,988	2,857	1,131
	1,434	599	835
	370	345	25
	370	344	26
	1,049	1,159	-110
	1,048	1,119	-71
	743	524	219
	495	348	147
	318	294	24
	318	294	24
	1,963	1,963
	27,488	28,025	-537
	586	702	-116
	983	694	289
	589	492	97
	316	294	22
	368	341	27
	1,929	1,856	73
	662	578	84
	862	635	227
	591	410	181
	652	644	8
	604	781	-177
	2,229	2,551	-322
	3,280	2,832	448
	490	346	144
	245	173	72
	284	298	-14
	1,515	990	525
	247	173	74
	495	346	149
	1,761	414	1,347
	1,917	964	953
	2,048	887	1,161
	1,725	1,208	517
	736	517	219
	731	516	215
	1,032	282	750
	344	281	63
	344	333	11
	470	379	91
	410	327	83
	1,051	838	213
	1,103	519	584
	157	145	12
	261	241	20
	701	791	-90
	842	949	-107
	1,667	1,128	539
	61		61
	107	112	-5
	1,325	445	880
	2,171	2,084	87
	1,485	2,455	-970
	2,307	1,053	1,254
	3,364	738	2,626
	977	1,105	-128
	1,370	1,247	123
	137	62	75
	4,690	2,892	1,798
	3,106	2,746	360
	18,573	15,326	3,247
	1,425	1,072	353
	850	947	-97
	5,820	2,523	3,297
	425	291	134
	3,154	2,608	546
	1,022	1,072	-50
	348	249	99
	20,000	20,361	-361
	4,797	3,308	1,489
	2,440	1,763	677
	1,061	732	329
	717	582	135
	898	713	185
	708	569	139
	531	426	105
	865	748	117
	973	831	142
	518	358	160
	460	318	142
	832	947	-115
	971	1,082	-111
	977	1,027	-50
	1,004	909	95
	3,211	5,584	-2,373
	3,230	777	2,453
	556	583	-27
	556	581	-25
	920	405	515
	3,035	1,269	1,766
	2,040	713	1,327
	971	512	459
	820	710	110
	492	396	96
	1,253	1,414	-161
	1,393	971	422
	3,833	6,608	-2,775
	3,607	2,977	630
	4,562	3,061	1,501
	32,346	32,659	-313
	12,727	12,751	-24
	251	216	35
	60		60
	99	104	-5
	379	324	55
	503	431	72
	21,913	23,693	-1,780
	658	577	81
	766	607	159
	601	586	15
	1,113	725	388
	606	472	134
	1,106	186	920
	699	437	262
	621	502	119
	643	588	55
	647	508	139
	753	109	644
	761	465	296
	883	190	693
	620	241	379
	736	108	628
	702	485	217
	666	447	219
	766	527	239
	738	401	337
	670	491	179
	1,096	1,235	-139
	1,107	1,250	-143
	892	755	137
	744	738	6
	1,718	2,023	-305
	484	430	54
	1,807	1,414	393
	602	576	26
	1,703	1,868	-165
	631	573	58
	1,385	1,517	-132
	1,706	1,850	-144
	608	572	36
	341	378	-37
	924	941	-17
	1,247	1,212	35
	3,067	3,716	-649
	3,004	3,584	-580
	828	868	-40
	1,372	1,170	202
	1,903	1,854	49
	2,236	2,376	-140
	517	647	-130
	1,882	2,782	-900
	3,570	2,439	1,131
	1,763	3,254	-1,491
	592	708	-116
	2,164	1,763	401
	1,927	1,843	84
	20,000	20,147	-147
	518	481	37
	491	392	99
	512	593	-81
	478	450	28
	993	1,038	-45
	398	85	313
	199	206	-7
	481	518	-37
	4,707	3,996	711
	4,277	3,686	591
	3,707	3,020	687
	3,422	3,330	92
	1,420	539	881
	392	348	44
	1,610	944	666
	61		61
	99	104	-5
	779	568	211
	6,851	5,761	1,090
	4,201	1,686	2,515
	1,596	798	798
	1,449	442	1,007
	1,849	2,057	-208
	1,564	1,359	205
	2,102	2,304	-202
	1,530	1,492	38
	3,105	3,512	-407
	399	553	-154
	301	405	-104
	1,034	1,408	-374
	3,538	2,792	746
	996	1,092	-96
	1,166	2,049	-883
	927	1,191	-264
	1,030	1,284	-254
	278	292	-14
	1,116	1,229	-113
	2,056	3,718	-1,662
	3,151	2,415	736
	6,136	6,126	10
	3,045	2,454	591
	4,224	3,692	532
	5,527	5,308	219
	372	311	61
	991	1,200	-209
	1,024	841	183
	1,177	1,399	-222
	1,437	1,123	314
	1,622	1,267	355
	25,498	27,464	-1,966
	492	499	-7
	1,106	1,059	47
	555	662	-107
	734	610	124
	3,692	3,491	201
	820	802	18
	29,141	29,511	-370
	484	452	32
	605	565	40
	1,950	1,858	92
	669	94	575
	836	1,000	-164
	3,430	4,610	-1,180
	1,193	7	1,186
	99	104	-5
	1,591	1,741	-150
	682	211	471
	443	452	-9
	222	226	-4
	1,385	1,370	15
	1,179	1,007	172
	586	1,516	-930
	911	904	7
	1,624	1,282	342
	953	272	681
	2,660	1,460	1,200
	3,164	2,012	1,152
	2,865	1,402	1,463
	2,152	1,108	1,044
	1,760	589	1,171
	1,366	1,947	-581
	390	550	-160
	1,163	1,220	-57
	935	539	396
	1,587	2,097	-510
	1,299	1,453	-154
	532	285	247
	3,100	4,030	-930
	804	914	-110
	2,907	4,854	-1,947
	2,080	2,727	-647
	297	388	-91
	3,793	2,974	819
	378	357	21
	2,645	2,425	220
	381	456	-75
	761	955	-194
	1,130	962	168
	147	187	-40
	1,917	2,456	-539
	3,590	2,764	826
	2,933	2,446	487
	173	170	3
	849	995	-146
	616	621	-5
	2,701	423	2,278
	564	732	-168
	586	723	-137
	547	684	-137
	551	190	361
	609	656	-47
	580	448	132
	46		46
	100	105	-5
	297	359	-62
	596	678	-82
	449	493	-44
	666	718	-52
	741	782	-41
	1,400	1,149	251
	1,059	861	198
	1,918	660	1,258
	957	955	2
	1,389	730	659
	921	421	500
	608	196	412
	1,037	597	440
	605	607	-2
	513	298	215
	1,657	2,720	-1,063
	3,052	1,859	1,193
	3,046	1,788	1,258
	1,038	596	442
	807	1,101	-294
	680	890	-210
	676	856	-180
	380	482	-102
	380	482	-102
	731	742	-11
	650	681	-31
	658	668	-10
	3,820	3,830	-10
	275	371	-96
	2,889	3,701	-812
	3,118	2,818	300
	472	432	40
	25,304	25,004	300
	19,779	20,247	-468
	320	282	38
	2,510	2,242	268
	1,413	1,410	3
	975	1,261	-286
	358	373	-15
	1,253	1,305	-52
	1,902	465	1,437
	1,368	425	943
	568	334	234
	28,462	21,696	6,766
	1,028	790	238
	651	793	-142
	802	777	25
	707	609	98
	712	668	44
	652	687	-35
	845	744	101
	737	846	-109
	818	620	198
	693	615	78
	804	796	8
	931	427	504
	657	355	302
	19,579	24,499	-4,920
	780	822	-42
	825	616	209
	647	625	22
	21,033	16,055	4,978
	825	802	23
	2,851	3,617	-766
	1,229	1,285	-56
	1,580	1,347	233
	1,346	1,511	-165
	4,294	3,437	857
	2,969	2,537	432
	522	484	38
	522	416	106
	205	379	-174
	1,720	2,121	-401
	2,779	2,825	-46
	214	130	84
	3,829	3,243	586
	1,334	1,118	216
	47		47
	100	105	-5
	25,000	29,314	-4,314
	743	707	36
	668	584	84
	1,019	1,138	-119
	1,031	1,185	-154
	1,062	1,230	-168
	499	589	-90
	3,471	3,053	418
	5,463	8,541	-3,078
	503	581	-78
	569	596	-27
	1,295	1,209	86
	1,107	952	155
	1,357	1,162	195
	2,724	2,212	512
	2,341	1,298	1,043
	484	425	59
	473	458	15
	1,856	404	1,452
	3,035	2,874	161
	1,814	1,105	709
	1,746	847	899
	3,059	6,388	-3,329
	867	710	157
	4,000	3,796	204
	953	797	156
	440	411	29
	1,174	1,485	-311
	88,104	85,000	3,104
	897	519	378
	1,278	1,232	46
	106,017	114,578	-8,561
	3,935	4,982	-1,047
	3,193	4,666	-1,473
	3,813	4,616	-803
	4,484	3,711	773
	2,339	1,398	941
	4,047	4,600	-553
	4,623	2,900	1,723
	763	792	-29
	2,126	1,025	1,101
	1,097	1,151	-54
	980	453	527
	4,544	3,292	1,252
	3,292	2,831	461
	2,509	2,513	-4
	5,560	1,192	4,368
	3,252	4,110	-858
	1,399	724	675
	4,324	1,482	2,842
	801	806	-5
	1,602	1,585	17
	2,139	648	1,491
	5,840	2,221	3,619
	4,614	2,682	1,932
	3,161	3,407	-246
	980	1,022	-42
	3,067	3,141	-74
	4,237	3,378	859
	4,781	4,182	599
	2,737	2,724	13
	3,042	5,013	-1,971
	5,631	2,983	2,648
	1,691	1,644	47
	799	774	25
	4,247	3,931	316
	1,553	1,321	232
	1,553	873	680
	5,452	1,864	3,588
	585	634	-49
	1,923	2,107	-184
	1,682	1,756	-74
	1,441	1,302	139
	3,715	3,701	14
	4,063	1,681	2,382
	3,526	3,496	30
	3,325	2,739	586
	3,916	3,896	20
	4,532	3,920	612
	3,117	3,183	-66
	3,086	3,078	8
	1,198	2,230	-1,032
	2,783	2,454	329
	6,517	1,322	5,195
	4,580	3,907	673
	4,235	3,993	242
	3,385	3,722	-337
	1,545	1,305	240
	3,949	4,037	-88
	740	753	-13
	1,562	943	619
	2,056	4,080	-2,024
	3,149	2,757	392
	540	476	64
	188	101	87
	4,144	4,282	-138
	3,529	4,654	-1,125
	429	421	8
	857	601	256
	3,830	4,583	-753
	3,839	3,954	-115
	4,136	4,101	35
	3,656	3,736	-80
	3,019	2,084	935
	185	131	54
	677	618	59
	2,674	2,930	-256
	2,451	2,412	39
	698	571	127
	429	258	171
	1,552	1,484	68
	2,258	2,140	118
	1,586	1,955	-369
	3,484	3,790	-306
	3,504	2,957	547
	1,558	1,802	-244
	3,440	2,881	559
	3,549	3,519	30
	310	266	44
	2,229	567	1,662
	2,739	2,713	26
	5,162	766	4,396
	546	642	-96
	109	125	-16
	873	1,003	-130
	1,395	1,489	-94
	3,647	4,607	-960
	954	1,030	-76
	1,025	1,195	-170
	3,956	2,736	1,220
	4,953	3,190	1,763
	3,320	2,814	506
	3,601	3,451	150
	677	835	-158
	382	473	-91
	1,080	1,317	-237
	1,187	1,213	-26
	2,556	2,556
	3,525	1,710	1,815
	474	593	-119
	758	887	-129
	621	358	263
	977	403	574
	400	177	223
	481	163	318
	1,008	328	680
	1,518	1,598	-80
	99	30	69
	841	375	466
	916	873	43
	3,479	4,564	-1,085
	3,110	4,136	-1,026
	966	1,155	-189
	1,932	1,021	911
	3,187	757	2,430
	2,366	2,528	-162
	986	1,060	-74
	2,050	1,747	303
	5,677	1,214	4,463
	1,700	1,636	64
	255	278	-23
	43	50	-7
	1,823	2,097	-274
	523	256	267
	1,189	270	919
	700	232	468
	2,880	3,811	-931
	4,599	2,556	2,043
	3,348	1,444	1,904
	3,466	824	2,642
	3,701	808	2,893
	1,315	1,354	-39
	1,052	1,199	-147
	3,963	1,987	1,976
	3,629	3,698	-69
	882	943	-61
	1,181	1,183	-2
	1,756	2,031	-275
	2,101	2,111	-10
	4,352	4,561	-209
	696	679	17
	3,800	2,869	931
	1,811	2,492	-681
	5,301	2,105	3,196
	496	459	37
	2,082	1,671	411
	5,321	4,626	695
	1,593	439	1,154
	3,723	2,722	1,001
	3,036	2,859	177
	1,174	625	549
	2,160	660	1,500
	352	376	-24
	880	939	-59
	559	447	112
	559	332	227
	3,060	2,893	167
	857	855	2
	4,410	4,332	78
	2,233	1,151	1,082
	183	76	107
	1,177	505	672
	5,510	3,166	2,344
	3,064	2,753	311
	742	914	-172
	4,052	2,942	1,110
	4,881	3,745	1,136
	5,273	2,480	2,793
	2,016	1,842	174
	2,172	2,171	1
	5,557	2,625	2,932
	2,224	2,596	-372
	2,908	3,198	-290
	4,325	2,064	2,261
	2,014	2,937	-923
	3,582	2,520	1,062
	2,492	2,538	-46
	3,368	678	2,690
	392	329	63
	3,136	2,558	578
	3,040	1,733	1,307
	6,284	3,340	2,944
	2,233	4,223	-1,990
	1,031	1,139	-108
	1,719	1,860	-141
	3,887	3,684	203
	4,298	3,085	1,213
	450	414	36
	1,652	1,325	327
	6,656	5,361	1,295
	1,304	393	911
	259	240	19
	1,848	1,715	133
	1,851	1,422	429
	635	621	14
	582	850	-268
	524	561	-37
	989	1,175	-186
	1,921	1,994	-73
	3,689	3,308	381
	1,886	1,273	613
	1,170	1,537	-367
	604	284	320
	362	170	192
	1,973	1,218	755
	4,119	3,854	265
	728	609	119
	603	283	320
	47		47
	101	106	-5
	1,785	1,880	-95
	487	529	-42
	973	189	784
	3	3
	1,544	1,366	178
	386	459	-73
	2,035	1,806	229
	763	595	168
	2,769	4,685	-1,916
	2,099	1,776	323
	20,000	20,096	-96
	4,664	5,951	-1,287
	269	282	-13
	2,824	2,395	429
	3,457	2,665	792
	35,000	35,380	-380
	760	623	137
	569	467	102
	785	943	-158
	2,061	816	1,245
	389	208	181
	671	196	475
	1,709	1,368	341
	1,567	1,239	328
	577	594	-17
	74	60	14
			4,819

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-2,040
b			597
c			278
d			1,163
e			320
			55
			110
			71
			32
			413
			70
			1,315
			-128
			-81
			-28
			5
			22
			21
			-269
			-111
			2,110
			8
			849
			27
			-114
			-74
			2
			1

			3
			1
			57
			-5
			-475
			-4
			259
			521
			-630
			-6
			-53
			-57
			57
			2,702
			532
			718
			-209
			-18
			-21
			-4
			518
			14
			-14
			-713
			-65
			-155
			-202
			10,773
			1,493
			1,556
			1,232
			356
			2
			-38
			991
			180
			1,936
			-43
			-64
			-21
			818
			660
			1,186
			2,114
			768
			785
			-2,195
			60
			-749
			636
			28
			123
			584
			61
			-6
			-52
			-4,413
			-147
			109
			93
			11
			16
			-6
			74
			286
			-601
			83
			-180
			284
			176
			254
			-87
			220
			758
			335
			359
			-16
			3
			355
			323
			19
			374
			-33
			700
			2,304
			828
			898
			-81
			-76
			11
			11
			65
			79
			-107
			186
			698
			-184
			-51
			-147
			16
			85
			-76
			-106
			-476
			966
			1,444
			533
			142
			59
			-6
			-112
			2,403
			-774
			1,329
			252
			44

			1,350
			497
			15
			16
			1,477
			1,228
			135
			1,156
			-6
			1,653
			-32
			1,151
			148
			338
			211
			44
			986
			179
			245
			508
			12
			13
			-182
			119
			105
			199
			333
			61
			-1,772
			149
			2,717
			11,108
			2,477
			1,730
			528
			1,481
			57
			-5
			115
			-726
			166
			21
			-7
			-2
			19
			-32
			595
			670
			1,502
			1,816
			890
			1,096
			793
			-103
			-76
			332
			171
			121
			362
			127
			-110
			14,135
			-45
			-15
			-15
			63
			47
			1,792
			1,158
			-25
			12
			1,791
			1,390
			1,094
			743
			-39
			-66
			382
			1
			75
			33
			15,616
			4,622
			10,512
			2,085
			-6,009
			1,509
			-40
			683
			584
			625
			3
			187
			-335
			157
			60
			-5
			720
			300
			5,928
			1,075
			1,261
			1,131
			835
			25
			26
			-110
			-71
			219
			147
			24
			24

			-537
			-116
			289
			97
			22
			27
			73
			84
			227
			181
			8
			-177
			-322
			448
			144
			72
			-14
			525
			74
			149
			1,347
			953
			1,161
			517
			219
			215
			750
			63
			11
			91
			83
			213
			584
			12
			20
			-90
			-107
			539
			61
			-5
			880
			87
			-970
			1,254
			2,626
			-128
			123
			75
			1,798
			360
			3,247
			353
			-97
			3,297
			134
			546
			-50
			99
			-361
			1,489
			677
			329
			135
			185
			139
			105
			117
			142
			160
			142
			-115
			-111
			-50
			95
			-2,373
			2,453
			-27
			-25
			515
			1,766
			1,327
			459
			110
			96
			-161
			422
			-2,775
			630
			1,501
			-313
			-24
			35
			60
			-5
			55
			72
			-1,780
			81
			159
			15
			388
			134
			920
			262
			119
			55
			139
			644
			296
			693
			379
			628
			217
			219
			239
			337
			179
			-139
			-143
			137
			6
			-305
			54
			393
			26
			-165
			58
			-132
			-144
			36
			-37
			-17
			35
			-649
			-580
			-40
			202
			49
			-140
			-130
			-900
			1,131
			-1,491
			-116
			401
			84
			-147
			37
			99
			-81
			28
			-45
			313
			-7
			-37
			711
			591
			687
			92
			881
			44
			666
			61
			-5
			211
			1,090
			2,515
			798
			1,007
			-208
			205
			-202
			38
			-407
			-154
			-104
			-374
			746
			-96
			-883
			-264
			-254
			-14
			-113
			-1,662
			736
			10
			591
			532
			219
			61
			-209
			183
			-222
			314
			355
			-1,966
			-7
			47
			-107
			124
			201
			18
			-370
			32
			40
			92
			575
			-164
			-1,180
			1,186
			-5
			-150
			471
			-9
			-4
			15
			172
			-930
			7
			342
			681
			1,200
			1,152
			1,463
			1,044
			1,171
			-581
			-160
			-57
			396
			-510
			-154
			247
			-930
			-110
			-1,947
			-647
			-91
			819
			21
			220
			-75
			-194
			168
			-40
			-539
			826
			487
			3
			-146
			-5
			2,278
			-168
			-137
			-137
			361
			-47
			132
			46
			-5
			-62
			-82
			-44
			-52
			-41
			251
			198
			1,258
			2
			659
			500
			412
			440
			-2
			215
			-1,063
			1,193
			1,258
			442
			-294
			-210
			-180
			-102
			-102
			-11
			-31
			-10
			-10
			-96
			-812
			300
			40
			300
			-468
			38
			268
			3
			-286
			-15
			-52
			1,437
			943
			234
			6,766
			238
			-142
			25
			98
			44
			-35
			101
			-109
			198
			78
			8
			504
			302
			-4,920
			-42
			209
			22
			4,978
			23
			-766
			-56
			233
			-165
			857
			432
			38
			106
			-174
			-401
			-46
			84
			586
			216
			47
			-5
			-4,314
			36
			84
			-119
			-154
			-168
			-90
			418
			-3,078
			-78
			-27
			86
			155
			195
			512
			1,043
			59
			15
			1,452
			161
			709
			899
			-3,329
			157
			204
			156
			29
			-311
			3,104
			378
			46
			-8,561
			-1,047
			-1,473
			-803
			773
			941
			-553
			1,723
			-29
			1,101
			-54
			527
			1,252
			461
			-4
			4,368
			-858
			675
			2,842
			-5
			17
			1,491
			3,619
			1,932
			-246
			-42
			-74
			859
			599
			13
			-1,971
			2,648
			47
			25
			316
			232
			680
			3,588
			-49
			-184
			-74
			139
			14
			2,382
			30
			586
			20
			612
			-66
			8
			-1,032
			329
			5,195
			673
			242
			-337
			240
			-88
			-13
			619
			-2,024
			392
			64
			87
			-138
			-1,125
			8
			256
			-753
			-115
			35
			-80
			935
			54
			59
			-256
			39
			127
			171
			68
			118
			-369
			-306
			547
			-244
			559
			30
			44
			1,662
			26
			4,396
			-96
			-16
			-130
			-94
			-960
			-76
			-170
			1,220
			1,763
			506
			150
			-158
			-91
			-237
			-26

			1,815
			-119
			-129
			263
			574
			223
			318
			680
			-80
			69
			466
			43
			-1,085
			-1,026
			-189
			911
			2,430
			-162
			-74
			303
			4,463
			64
			-23
			-7
			-274
			267
			919
			468
			-931
			2,043
			1,904
			2,642
			2,893
			-39
			-147
			1,976
			-69
			-61
			-2
			-275
			-10
			-209
			17
			931
			-681
			3,196
			37
			411
			695
			1,154
			1,001
			177
			549
			1,500
			-24
			-59
			112
			227
			167
			2
			78
			1,082
			107
			672
			2,344
			311
			-172
			1,110
			1,136
			2,793
			174
			1
			2,932
			-372
			-290
			2,261
			-923
			1,062
			-46
			2,690
			63
			578
			1,307
			2,944
			-1,990
			-108
			-141
			203
			1,213
			36
			327
			1,295
			911
			19
			133
			429
			14
			-268
			-37
			-186
			-73
			381
			613
			-367
			320
			192
			755
			265
			119
			320
			47
			-5
			-95
			-42
			784

			178
			-73
			229
			168
			-1,916
			323
			-96
			-1,287
			-13
			429
			792
			-380
			137
			102
			-158
			1,245
			181
			475
			341
			328
			-17
			14

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	297,850
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	364,384	7,700,021	0.047322
2016	354,480	7,204,517	0.049202
2015	277,125	7,210,841	0.038432
2014	266,231	7,438,376	0.035792
2013	264,370	7,051,382	0.037492

Total of line 1, column (d) .....................

0.20824

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.041648

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

7,690,563

Multiply line 4 by line 3......................

320,297

Enter 1% of net investment income (1% of Part I, line 27b)...........

3,923

Add lines 5 and 6........................

324,220

Enter qualifying distributions from Part XII, line 4,.............

359,697

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2018)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,923
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	3,923
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	3,923
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	6,390
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	6,390
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,467
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax2,467	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

WELLS FARGO BANK NA Telephone no. bullet

(888) 730-4933

Located at bullet

100 N MAIN ST MAC D4001-117WINSTON SALEMNC ZIP+4 bullet

27101

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country bullet

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2018.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
Wells Fargo Bank NA	TRUSTEE 1	96,717
100 N MAIN ST MAC D4001-117 WINSTON SALEM,NC27101	TRUSTEE 1	96,717

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

7,523,175

Average of monthly cash balances.......................

284,503

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

7,807,678

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

7,807,678

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

117,115

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

7,690,563

Minimum investment return. Enter 5% of line 5..................

384,528

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

384,528

Tax on investment income for 2018 from Part VI, line 5......

3,923

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

3,923

Distributable amount before adjustments. Subtract line 2c from line 1............

380,605

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

380,605

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

380,605

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

359,697

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

359,697

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b. See instructions.................

3,923

Adjusted qualifying distributions. Subtract line 5 from line 4..............

355,774

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2018)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2017	(c) 2017	(d) 2018
1 Distributable amount for 2018 from Part XI, line 7					380,605
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				348,777
b Total for prior years:2016, 2015, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 359,697
a Applied to 2017, but not more than line 2a				348,777
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....					10,920
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					369,685
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

Form 990-PF (2018)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2018)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
NEW SALEM PRESBYTERIAN CHURCH 4415 OLD MOUNTAIN RD STONY POINT,NC28678	NONE	PC	GENERAL SUPPORT	349,024
Total ................................. 3a				349,024

bApproved for future payment

Total ................................. 3b

Form 990-PF (2018)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	196,793
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory ............			18	297,850
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				494,643

13Total. Add line 12, columns (b), (d), and (e)..................

494,643

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	981			981

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

EMMA SLOAN TUW FBO NEW SALEM

EIN:

56-6436990

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
693391104 PIMCO REAL RETURN BO	AT COST	66,323	66,567
72369B406 PIONEER HIGH YIELD F
693391559 PIMCO EMERG MKTS BD-
693390882 PIMCO FOREIGN BD FD
38142Y401 GOLDMAN SACHS #1132
780905451 ROYCE PREMIER FD#566
94985D244 WELLS FARGO FD #4132
256206103 DODGE&COX INTL FD
411511306 HARBOR INTL FD #2011
52106N889 LAZARD EMERGING MKTS	AT COST	78,886	86,062
784924425 SSGA EMERG MKT #1510
26852M105 EII INTERNATL FD #30
44981V706 ING RE FD #2190
722005667 PIMCO COMMOD FD #45
015271109 ALEXANDRIA RE EQUITY
00163T109 AMB PPTY CORP
035710409 ANNALY CAPITAL MGMT
053484101 AVALONBAY CMNTYS INC
101121101 BOSTON PROPERTIES
22002T108 CORPORTATE OFFICE
531172104 LIBERTY PPTY TR
554489104 MACK CALI RLTY
638620104 NATIONWIDE HEALTH
737630103 POTLATCH HLDGS
74460D109 PUBLIC STORAGE INC
754907103 RAYNIER INC
758075402 REDWOOD TR INC
876664103 TAUBMAN CTRS INC
543495840 LOOMIS SAYLES BOND
44980Q518 ING INTERNATIONAL
73935S109 POWERSHARES DB COMM
N07059186 ASML HOLDING NVONY R
055434203 BG GROUP PLC - ADR
G2554F113 COVIDIEN PLC
806857108 SCHLUMBERGER LTD	AT COST	4,110	2,745
G2554F113 COVIDIEN PLC
284902103 ELDORADO GOLD CORP
29358Q109 ENSCO INTERNATIONAL
G3223R108 EVEREST RE GROUP
H2906T109 GARMIN LTD
380956409 GOLDCORP INC NE
G491BT108 INVESCO LIMITED	AT COST	5,402	3,959
66987V109 NOVARTIS AG - ADR	AT COST	7,567	9,614
G6852T105 PARTNERRE LTD
758204200 REED ELSEVIER N V
87425E103 TALISMAN ENERGY INC
878742204 TECK RESOURCES LIMIT
881624209 TEVA PHARMACEUTICAL
H89128104 TYCO INTERNATIONAL
904767704 UNILEVER PLC - ADR	AT COST	4,089	4,098
92857W209 VODAFONE GROUP PLC N
44107P104 HOST HOTELS & RESORT
59522J103 MID AMERICA APARTMEN
74340W103 PROLOGIS INC	AT COST	12,941	18,131
H0023R105 ACE LIMITED
G4412G101 HERBALIFE LTD
H89128104 TYCO INTERNATION
046353108 ASTRAZENECA PLC SPON	AT COST	14,932	16,132
05534B760 BCE INC	AT COST	18,448	19,176
37733W105 GLAXOSMITHKLINE PLC	AT COST	19,564	21,104
636274300 NATIONAL GRID
780259107 ROYAL DUTCH SHELL PL	AT COST	3,621	3,965
879382208 TELEFONICA SA
89151E109 TOTAL FINA ELF S.A.	AT COST	13,916	15,304
904767704 UNILEVER PLC - ADR
92857W209 VODAFON GROUP PLC
40414L109 HCP INC
42217K106 HEALRTH CARE REIT
G0450A105 ARCH CAPITAL GROUP L	AT COST	5,343	9,179
112585104 BROOKFIELD ASSET MAN	AT COST	11,182	25,611
351858105 FRANCO NEV CORP
G6359F103 NABORS INDUSTRIES
N7902X106 SENSATA TECHNOL
H89128104 TYCO INTER
91911K102 VALEANT PHARMACEU
G9618E107 WHITE MAUNTAINS INSU
G96666105 WILLIS GROUP HOLDING
370023103 GENERAL GROWTH
P8744Y102 STEINER LEISURE LTD
44106M102 HOSPITALITY PPTYS TR
81721M109 SENIOR HOUSING PROP
74253Q416 PRINCIPAL PREFERRED
76628T678 RIDGEWORTH SEIX FLOA
17305EFS9 CITIBANK CREDIT CARD	AT COST	51,355	49,930
384109104 GRACO INC	AT COST	10,985	21,244
049904105 ATRION CORP	AT COST	11,601	13,180
73278L105 POOL CORPORATION	AT COST	4,457	16,992
471105205 JAPAN TOBACCO INC-UN	AT COST	4,813	3,597
826197501 SIEMENS AG - ADR	AT COST	2,895	3,118
80105N105 SANOFI-AVENTIS - ADR	AT COST	3,739	3,144
G5494J103 LINDE PLC	AT COST	4,205	4,750
015393101 ALFA LAVAL AB-UNSPON	AT COST	3,142	3,119
466140100 JGC CORP-UNSPONSORED	AT COST	2,433	1,970
90460M204 UNI CHARM CORPORATIO	AT COST	2,363	2,525
548661107 LOWES COS INC	AT COST	6,062	6,568
46625H100 JPMORGAN CHASE & CO	AT COST	23,555	34,216
22822V101 CROWN CASTLE INTL CO	AT COST	23,972	32,128
02079K305 ALPHABET INC/CA	AT COST	12,007	24,715
79466L302 SALESFORCE COM INC	AT COST	10,701	30,407
30303M102 FACEBOOK INC	AT COST	3,303	22,670
30231G102 EXXON MOBIL CORPORAT	AT COST	43,992	48,399
40434L105 HP INC	AT COST	15,656	16,166
447011107 HUNTSMAN CORP	AT COST	21,332	16,530
494368103 KIMBERLY CLARK CORP	AT COST	9,445	15,611
713448108 PEPSICO INC	AT COST	12,453	16,422
92276F100 VENTAS INC COM	AT COST	12,714	14,549
69351T106 PPL CORPORATION	AT COST	14,237	16,219
92343V104 VERIZON COMMUNICATIO	AT COST	22,793	30,925
02209S103 ALTRIA GROUP INC	AT COST	7,446	17,803
205887BR2 CONAGRA FOODS INC 3.	AT COST	12,021	12,005
61746BDJ2 MORGAN STANLEY 3.750	AT COST	25,838	25,642
912828WE6 US TREASURY NOTE 2.7	AT COST	86,325	88,900
115637209 BROWN FORMAN CORP CL	AT COST	2,579	3,431
595017104 MICROCHIP TECHNOLOGY	AT COST	3,276	8,628
929042109 VORNADO REALTY TRUST	AT COST	1,414	1,416
115236101 BROWN & BROWN INC	AT COST	3,354	7,614
91324PDC3 UNITEDHEALTH GROUP	AT COST	24,591	24,732
3128Q0HV2 FHLMC POOL #J19244	AT COST	8,375	8,199
26441CAN5 DUKE ENERGY CORP 3.7	AT COST	20,828	20,624
91159HHV5 US BANCORP	AT COST	35,866	35,820
120568AW0 BUNGE LTD FINANCE CO	AT COST	20,388	20,097
3135G0J20 FED NATL MTG ASSN	AT COST	64,255	63,853
912828T67 US TREASURY NOTE	AT COST	24,974	25,345
912828RC6 US TREASURY NOTE 2.1	AT COST	122,637	122,587
009158106 AIR PRODUCTS AND CHE	AT COST	5,484	9,930
217204106 COPART INC COM	AT COST	8,584	42,352
55261F104 M & T BANK CORPORATI	AT COST	1,648	3,454
82509L107 SHOPIFY INC - A W/I	AT COST	1,387	1,860
256677105 DOLLAR GENERAL CORP	AT COST	2,535	6,562
249034109 DENTSU INC-UNSPON AD	AT COST	2,067	1,967
001317205 AIA GROUP LTD - SP A	AT COST	7,773	10,049
00687A107 ADIDAS-AG ADR	AT COST	3,515	3,656
22160K105 COSTCO WHOLESALE COR	AT COST	27,110	40,437
015351109 ALEXION PHARMACEUTIC	AT COST	13,625	13,788
91324P102 UNITEDHEALTH GROUP I	AT COST	15,748	28,682
452327109 ILLUMINA INC	AT COST	7,710	15,224
842587107 SOUTHERN CO	AT COST	14,632	18,398
370334CE2 GENERAL MILLS INC	AT COST	25,312	25,625
53117CAN2 LIBERTY PROPERTY LP	AT COST	17,468	17,532
912828TY6 US TREASURY NOTE 1.6	AT COST	10,033	9,790
037833AK6 APPLE INC 2.400% 5/0	AT COST	28,722	29,711
526057104 LENNAR CORPORATION C	AT COST	4,700	4,614
592688105 METTLER-TOLEDO INTL	AT COST	8,385	10,845
608190104 MOHAWK INDS INC COM	AT COST	1,123	2,523
023586100 AMERCO	AT COST	3,918	4,087
31620R303 FNF GROUP	AT COST	6,565	11,659
36164V305 GCI LIBERTY INC	AT COST	1,655	5,172
531229607 LIBERTY SIRIUSXM GRO	AT COST	1,380	4,015
75606N109 REALPAGE INC	AT COST	5,359	5,523
44267D107 HOWARD HUGHES CORP/T	AT COST	7,525	7,040
278768106 ECHOSTAR CORPORATION	AT COST	405	729
G5480U104 LIBERTY GLOBAL PLC-A	AT COST	1,312	1,944
303075105 FACTSET RESH SYS INC	AT COST	5,731	15,641
891092108 TORO CO	AT COST	4,691	11,909
418056107 HASBRO INC	AT COST	5,946	5,356
904784709 UNILEVER N.V. - ADR	AT COST	2,485	3,731
G6518L108 NIELSEN HLDGS PLC	AT COST	6,453	4,568
756255204 RECKITT BENCKIS/S AD	AT COST	4,396	4,977
23304Y100 DBS GROUP HOLDINGS L	AT COST	5,831	6,871
16941M109 DPS CHINA MOBILE LIM	AT COST	4,593	4,436
465562106 ITAU UNIBANCO BANCO	AT COST	3,584	2,881
72341E304 PING AN INSURANCE-AD	AT COST	4,107	4,481
064149107 BANK OF NOVA SCOTIA	AT COST	3,964	3,730
G25839104 COCA-COLA EUROPEAN P	AT COST	7,067	9,624
86562M209 SUMITOMO TRUST AND B	AT COST	4,469	3,635
20449X401 COMPASS GROUP PLC AD	AT COST	3,675	4,908
M22465104 CHECK POINT SOFTWARE	AT COST	7,397	8,728
501173207 KUBOTA LIMITED - ADR	AT COST	4,263	3,606
018805101 ALLIANZ AKTIENGESELL	AT COST	7,763	7,929
21036P108 CONSTELLATION BRANDS	AT COST	2,260	2,279
11135F101 BROADCOM INC	AT COST	8,754	12,329
03820C105 APPLIED INDL TECHNOL	AT COST	19,326	15,938
071813109 BAXTER INTL INC COM	AT COST	18,493	23,011
666807102 NORTHROP GRUMMAN COR	AT COST	6,858	15,367
743315103 PROGRESSIVE CORP OHI	AT COST	22,091	30,062
060505104 BANK AMER CORP	AT COST	20,227	23,479
521865204 LEAR CORP	AT COST	8,192	15,607
56585A102 MARATHON PETROLEUM C	AT COST	18,853	14,184
674599105 OCCIDENTAL PETE CORP	AT COST	14,084	14,299
693475105 PNC FINANCIAL SERVIC	AT COST	5,487	5,029
742718109 PROCTER & GAMBLE CO	AT COST	9,923	14,983
26441C204 DUKE ENERGY HOLDING	AT COST	18,867	27,630
9128284A5 US TREASURY NOTE	AT COST	14,984	15,217
46625HHL7 JPMORGAN CHASE & CO	AT COST	28,614	25,049
097023BH7 BOEING CO 2.850% 10/	AT COST	20,220	19,894
912828K74 US TREASURY NOTE	AT COST	78,802	78,516
585055BS4 MEDTRONIC INC	AT COST	26,283	25,780
031162CP3 AMGEN INC	AT COST	19,902	19,930
9128282R0 US TREASURY NOTE	AT COST	20,900	20,799
316773CL2 FIFTH THIRD BANCORP	AT COST	20,870	20,339
052769106 AUTODESK INC COM	AT COST	2,822	9,505
311900104 FASTENAL CO	AT COST	2,516	3,987
573284106 MARTIN MARIETTA MATL	AT COST	10,833	14,485
448579102 HYATT HOTELS CORP	AT COST	4,911	4,790
89400J107 TRANSUNION	AT COST	8,806	10,628
531229870 LIBERTY MEDIA GROUP	AT COST	142	477
531229854 LIBERTY MEDIA GROUP	AT COST	4,653	6,589
67103H107 O'REILLY AUTOMOTIVE	AT COST	3,716	17,862
893641100 TRANSDIGM GROUP INC	AT COST	10,077	26,785
989207105 ZEBRA TECHNOLOGIES C	AT COST	23,067	29,753
87612E106 TARGET CORP	AT COST	16,675	22,874
55616P104 MACY'S INC	AT COST	18,415	14,058
562750109 MANHATTAN ASSOCIATES	AT COST	5,862	6,834
375558103 GILEAD SCIENCES INC	AT COST	7,576	6,631
641069406 NESTLE S.A. REGISTER	AT COST	14,155	16,967
055262505 BASF AG	AT COST	5,592	4,905
31502A204 FERGUSON PLC-ADR	AT COST	5,008	5,130
502441306 LVMH MOET HENNESSY U	AT COST	2,902	6,118
89353D107 TRANSCANADA CORP	AT COST	5,474	5,393
92334N103 VEOLIA ENVIRONNEMENT	AT COST	3,515	3,931
780259206 ROYAL DUTCH SHELL PL	AT COST	3,931	3,818
54338V101 LONZA GROUP AG ADR	AT COST	4,316	5,046
307305102 FANUC LTD ADR	AT COST	2,546	2,164
701491102 PARK24 CO LTD-SPN AD	AT COST	2,341	1,998
87974R208 TEMENOS GROUP AG-SP	AT COST	3,388	3,390
N97284108 YANDEX NV-A	AT COST	2,038	2,507
037833100 APPLE COMPUTER INC C	AT COST	8,189	50,147
594918104 MICROSOFT CORP	AT COST	25,514	73,005
055622104 BP P L C SPONS ADR	AT COST	21,956	23,740
636274409 NATIONAL GRID PLC-SP	AT COST	15,679	16,584
718172109 PHILIP MORRIS INTERN	AT COST	30,198	35,002
3135G0T94 FED NATL MTG ASSN	AT COST	24,596	25,067
49326EEF6 KEYCORP	AT COST	20,343	20,047
260543CC5 DOW CHEMICAL CO/THE	AT COST	20,861	20,380
064159KD7 BANK OF NOVA SCOTIA	AT COST	44,330	44,600
912828U65 US TREASURY NOTE	AT COST	59,023	59,224
377373AD7 GLAXOSMITHKLINE CAPI	AT COST	24,577	25,101
29379VAZ6 ENTERPRISE PRODUCTS	AT COST	19,712	20,299
570535104 MARKEL HOLDINGS	AT COST	7,326	16,936
929160109 VULCAN MATLS CO	AT COST	11,236	12,195
366651107 GARTNER INC	AT COST	14,101	17,595
615369105 MOODYS CORP	AT COST	1,234	5,976
48251W104 KKR & CO INC -A	AT COST	8,176	7,423
33616C100 FIRST REPUBLIC BANK/	AT COST	10,543	10,950
G0408V102 AON PLC	AT COST	1,521	5,292
55354G100 MSCI INC	AT COST	2,034	5,170
194014106 COLFAX CORPORATION	AT COST	5,627	5,817
262037104 DRIL-QUIP INC COM	AT COST	16,386	13,205
741511109 PRICESMART INC	AT COST	13,659	9,951
74164M108 PRIMERICA INC	AT COST	10,418	27,484
032654105 ANALOG DEVICES INC	AT COST	2,929	3,474
62942M201 NTT DOCOMO, INC. - A	AT COST	2,974	2,779
65339F101 NEXTERA ENERGY INC	AT COST	3,413	6,186
136375102 CANADIAN NATL RR CO	AT COST	4,569	5,100
45662N103 INFINEON TECHNOLOGIE	AT COST	6,345	5,633
87155N109 SYMRISE AG ADR	AT COST	2,930	3,717
40415F101 HDFC BANK LTD. - ADR	AT COST	2,610	3,130
64110L106 NETFLIX.COM INC	AT COST	3,277	29,594
339041105 FLEETCOR TECHNOLOGIE	AT COST	4,485	9,617
03027X100 AMERICAN TOWER REIT	AT COST	19,625	28,180
81762P102 SERVICENOW INC	AT COST	6,030	8,134
492089107 KERINGIUNSPONSORED A	AT COST	9,189	11,705
053611109 AVERY DENNISON CORP	AT COST	11,976	21,696
466313103 JABIL CIRCUIT INC CO	AT COST	13,266	14,917
15135B101 CENTENE CORP DEL	AT COST	7,267	16,302
12504L109 CBRE GROUP INC	AT COST	24,472	32,538
049255706 ATLAS COPCO AB SPONS	AT COST	5,047	5,390
83569C102 SONOVA HOLDIN-UNSPON	AT COST	2,883	3,519
631512209 NASPERS LTD-N SHS SP	AT COST	2,093	2,182
398438408 GRIFOLS SA-ADR	AT COST	2,423	2,353
679580100 OLD DOMINION FREIGHT	AT COST	10,570	21,947
126650100 CVS/CAREMARK CORPORA	AT COST	6,873	5,447
35952Q106 FUCHS PETROLUB SE-PR	AT COST	3,283	2,402
874039100 TAIWAN SEMICONDUCTOR	AT COST	8,738	9,830
404280406 HSBC - ADR	AT COST	3,427	2,800
29429L105 EPIROC AB-UNSP ADR	AT COST	2,383	2,583
45104G104 ICICI BANK LTD. - AD	AT COST	2,893	3,656
62548D100 MULTICHOICE GROUP LT	AT COST	60	75
072743305 BAYERISCHE MOTOREN	AT COST	2,952	2,417
171269103 CHUGAI PHARMACEUTIC-	AT COST	3,403	3,742
670108109 NOVOZYMES A/S UNSPON	AT COST	2,540	2,255
74144Q203 T ROWE PRICE INST EM	AT COST	127,074	133,498
009279100 AIRBUS GROUP NV-UNSP	AT COST	4,779	4,933
28176E108 EDWARDS LIFESCIENCES	AT COST	7,514	9,375
88032Q109 TENCENT HOLDINGS LTD	AT COST	28,141	28,554
70450Y103 PAYPAL HOLDINGS INC	AT COST	11,135	14,849
852234103 SQUARE INC	AT COST	7,831	10,189
848637104 SPLUNK INC	AT COST	3,705	10,466
98138H101 WORKDAY INC	AT COST	5,533	14,271
92826C839 VISA INC-CLASS A SHR	AT COST	5,369	27,333
478160104 JOHNSON & JOHNSON	AT COST	16,726	17,614
00846U101 AGILENT TECHNOLOGIES	AT COST	16,535	20,417
682189105 ON SEMICONDUCTOR COR	AT COST	17,541	16,682
15189T107 CENTERPOINT ENERGY I	AT COST	16,495	16,946
744573106 PUBLIC SVC ENTERPRIS	AT COST	2,737	4,159
74463M106 PUBLICIS GROUPE S.A.	AT COST	3,518	2,738
29977A105 EVERCORE PARTNERS IN	AT COST	21,575	18,928
00287Y109 ABBVIE INC	AT COST	40,869	36,024
025537101 AMERICAN ELECTRIC PO	AT COST	2,605	5,779
136069101 CANADIAN IMPERIAL BK	AT COST	15,052	13,521
95040Q104 WELLTOWER INC	AT COST	8,023	12,494
003021714 ABERDEEN EMERG MARKE	AT COST	108,580	123,793
00724F101 ADOBE SYS INC	AT COST	4,629	22,385
023135106 AMAZON COM INC	AT COST	8,017	49,861
437076102 HOME DEPOT INC	AT COST	10,018	33,389
571903202 MARRIOTT INTERNATION	AT COST	4,074	9,132
38141G104 GOLDMAN SACHS GROUP	AT COST	1,368	1,728
78667J108 SAGE THERAPEUTICS IN	AT COST	4,896	5,090
911312106 UNITED PARCEL SERVIC	AT COST	17,117	17,655
25746U109 DOMINION RES INC VA	AT COST	17,942	22,921
14040HCA1 CAPITAL ONE FINANCIA	AT COST	20,497	20,446
36962G4J0 GENERAL ELEC CAP COR	AT COST	37,459	35,759
913017BR9 UNITED TECHNOLOGIES	AT COST	27,784	25,467
912828P46 US TREASURY NOTE	AT COST	48,549	47,776
06051GFX2 BANK OF AMERICA CORP	AT COST	40,139	40,340
912828U24 US TREASURY NOTE	AT COST	87,507	87,809
191216CE8 COCA-COLA CO/THE	AT COST	39,941	39,757
30219GAF5 EXPRESS SCRIPTS HOLD	AT COST	21,297	20,542
713448CG1 PEPSICO INC 2.750% 3	AT COST	39,191	40,479
882508AW4 TEXAS INSTRUMENTS IN	AT COST	31,659	34,523
45168D104 IDEXX CORP	AT COST	4,801	5,366
778296103 ROSS STORES INC	AT COST	379	931
530307107 LIBERTY BROADBAND CO	AT COST	845	2,749
530307305 LIBERTY BROADBAND CO	AT COST	1,087	4,128
29444U700 EQUINIX INC	AT COST	4,388	6,797
58933Y105 MERCK & CO INC NEW	AT COST	12,505	15,802
147528103 CASEYS GEN STORES IN	AT COST	17,227	17,384
29084Q100 EMCOR GROUP INC COM	AT COST	19,895	20,609
458140100 INTEL CORP	AT COST	13,095	19,278
931142103 WAL MART STORES INC	AT COST	13,811	19,213
609207105 MONDELEZ INTERNATION	AT COST	7,485	8,936
072730302 BAYER A G SPONSORED	AT COST	11,150	5,766
500458401 KOMATSU LIMITED - AD	AT COST	2,097	2,050
05946K101 BANCO BILBAO VIZCAYA	AT COST	7,006	4,412
009126202 AIR LIQUIDE ADR	AT COST	1,967	2,234
803866300 SASOL LIMITED - ADR	AT COST	2,107	2,135
04530Y106 ASPEN PHARMACARE HL-	AT COST	3,001	872
056752108 BAIDU COM INC	AT COST	9,168	6,594
87184P109 SYSMEX CORP-UNSPON A	AT COST	2,849	2,897
741486302 T ROWE PR T/F HI YLD	AT COST	228,577	227,251
922907886 VANGUARD LTD TRM TAX	AT COST	233,921	230,973
097023105 BOEING COMPANY	AT COST	10,351	27,844
110122108 BRISTOL MYERS SQUIBB	AT COST	5,305	5,677
907818108 UNION PACIFIC CORP	AT COST	11,269	12,206
67066G104 NVIDIA CORP	AT COST	8,640	32,680
756577102 RED HAT INC	AT COST	3,028	11,327
09061G101 BIOMARIN PHARMACEUTI	AT COST	7,775	8,972
02079K107 ALPHABET INC/CA	AT COST	24,104	44,586
46120E602 INTUITIVE SURGICAL I	AT COST	12,588	13,694
231021106 CUMMINS INC.	AT COST	17,425	16,261
01973R101 ALLISON TRANSMISSION	AT COST	20,645	17,743
64110D104 NETAPP INC	AT COST	12,247	23,922
370334104 GENERAL MILLS INC	AT COST	10,763	10,402
446150104 HUNTINGTON BANCSHARE	AT COST	10,615	9,738
756109104 REALTY INCOME CORP C	AT COST	3,817	6,768
026874CZ8 AMERICAN INTL GROUP	AT COST	20,085	19,967
345397WY5 FORD MOTOR CREDIT CO	AT COST	20,000	19,942
31417GLR5 FNMA POOL #AB9335	AT COST	29,470	28,406
961214CX9 WESTPAC BANKING CORP	AT COST	38,120	38,820
446150AK0 HUNTINGTON BANCSHARE	AT COST	19,635	19,698
92345Y106 VERISK ANALYTICS INC	AT COST	5,825	12,768
G47567105 IHS MARKIT LTD	AT COST	7,441	10,822
257651109 DONALDSON CO INC	AT COST	5,159	8,761
749607107 RLI CORP COM	AT COST	2,902	5,668
60786M105 MOELIS & CO	AT COST	14,368	11,609
879360105 TELEDYNE TECHNOLOGIE	AT COST	10,974	28,204
76657Y101 RIGHTMOVE PLC-UNSP A	AT COST	19,571	23,913
92927K102 WABCO HOLDINGS INC	AT COST	17,961	21,620
04316A108 ARTISAN PARTNERS ASS	AT COST	14,157	8,608
12514G108 CDW CORP/DE	AT COST	7,985	26,791
054536107 AXA ADR	AT COST	5,953	5,963
456837103 ING GROEP N.V. - ADR	AT COST	5,895	4,929
717081103 PFIZER INC	AT COST	4,865	7,050
500472303 KONINKLIJKE PHILIPS	AT COST	3,611	4,699
20030N101 COMCAST CORP CLASS A	AT COST	4,285	4,358
25243Q205 DIAGEO PLC - ADR	AT COST	4,632	4,908
92857W308 VODAFONE GROUP PLC-S	AT COST	15,516	10,217
191216100 COCA COLA CO	AT COST	20,616	23,758
110448107 BRITISH AMERICAN TOB	AT COST	26,418	22,195
38141GWT7 GOLDMAN SACHS GROUP	AT COST	44,673	45,074
912828D56 US TREASURY NOTE 2.3	AT COST	107,645	108,544
50540RAR3 LABORATORY CORP OF 2	AT COST	19,841	19,957
857477AW3 STATE STREET CORP	AT COST	24,410	24,451
3128PQJH5 FHLMC POOL J11164 4.	AT COST	14	2,441
912828SF8 US TREASURY NOTE 2.0	AT COST	43,417	43,721
776696106 ROPER INDS INC NEW C	AT COST	4,650	10,259
91879Q109 VAIL RESORTS INC COM	AT COST	10,841	9,779
92343E102 VERISIGN INC	AT COST	2,712	13,799
78410G104 SBA COMMUNICATIONS C	AT COST	11,911	24,558
M98068105 WIX.COM LTD	AT COST	6,806	8,821
143130102 CARMAX INC	AT COST	9,760	16,403
620076307 MOTOROLA SOLUTIONS,	AT COST	1,159	3,511
53046P109 LIBERTY EXPEDIA HOLD	AT COST	520	1,669
40171V100 GUIDEWIRE SOFTWARE I	AT COST	4,820	4,955
09215C105 BLACK KNIGHT INC	AT COST	8,486	12,753
G5480U120 LIBERTY GLOBAL PLC-S	AT COST	3,288	3,753
N22717107 CORE LABORATORIES N	AT COST	5,193	3,998
75524B104 RBC BEARINGS INC	AT COST	3,793	11,700
539830109 LOCKHEED MARTIN CORP	AT COST	1,809	5,703
747525103 QUALCOMM INC	AT COST	4,035	3,422
771195104 ROCHE HOLDINGS LTD -	AT COST	15,105	16,679
G7S00T104 PENTAIR PLC	AT COST	3,249	3,427
03524A108 ANHEUSER-BUSCH INBEV	AT COST	7,661	6,214
344419106 FOMENTO ECONOMICO ME	AT COST	2,322	2,492
803054204 SAP AG - ADR	AT COST	7,407	8,082
237545108 DASSAULT SYSTEMES S.	AT COST	2,645	4,015
502117203 L'OREAL - ADR	AT COST	4,973	6,470
69343P105 LUKOIL PJSC-SPON ADR	AT COST	2,956	3,129
02319V103 AMBEV SA-SPN ADR	AT COST	4,201	3,793
78464A607 SPDR DOW JONES REIT	AT COST	351,602	417,937
235851102 DANAHER CORP	AT COST	5,632	5,809
518439104 ESTEE LAUDER COMPANI	AT COST	9,201	13,906
88160R101 TESLA MOTORS INC	AT COST	11,942	13,993
169656105 CHIPOTLE MEXICAN GRI	AT COST	4,614	7,103
550021109 LULULEMON ATHLETICA	AT COST	6,799	8,849
17275R102 CISCO SYSTEMS INC	AT COST	22,441	32,016
91913Y100 VALERO ENERGY CORP	AT COST	11,283	16,712
29261A100 ENCOMPASS HEALTH COR	AT COST	20,430	15,126
174610105 CITIZENS FINANCIAL G	AT COST	15,045	13,520
744320102 PRUDENTIAL FINL INC	AT COST	13,399	13,782
928563402 VMWARE INC	AT COST	14,352	28,701
654106103 NIKE INC CL B	AT COST	12,260	14,905
92532F100 VERTEX PHARMACEUTICA	AT COST	8,561	11,221
01609W102 ALIBABA GROUP HOLDIN	AT COST	10,462	22,806
78409V104 S&P GLOBAL INC	AT COST	10,730	14,317
786584102 SAFRAN SA-UNSPON ADR	AT COST	9,994	10,423
57636Q104 MASTERCARD INC	AT COST	6,022	33,198
031162100 AMGEN INC	AT COST	16,486	19,758
872540109 TJX COS INC NEW	AT COST	13,219	18,890
30161Q104 EXELIXIS INC	AT COST	19,156	19,373
166764100 CHEVRON CORP	AT COST	35,605	41,758
00206R102 AT & T INC	AT COST	33,740	33,022
9128283W8 US TREASURY NOTE	AT COST	177,212	183,077
10373QAF7 BP CAP MARKETS AMERI	AT COST	25,473	25,663
06406HCW7 BANK OF NEW YORK MEL	AT COST	25,262	24,963
025816CC1 AMERICAN EXPRESS CO	AT COST	25,183	25,402
00206RDB5 AT&T INC	AT COST	20,971	20,511
912828RR3 US TREASURY NOTE 2.0	AT COST	40,025	39,753
422806208 HEICO CORP CL A	AT COST	1,122	1,429
03662Q105 ANSYS INC	AT COST	9,610	10,414
76131D103 RESTAURANT BRANDS IN	AT COST	10,040	17,645
86614U100 SUMMIT MATERIALS INC	AT COST	2,793	2,476
489398107 KENNEDY-WILSON HOLDI	AT COST	4,991	5,219
531229409 LIBERTY SIRIUSXM GRO	AT COST	638	1,794
25754A201 DOMINOS PIZZA INC	AT COST	4,522	4,646
43300A203 HILTON WORLDWIDE HOL	AT COST	12,216	13,298
038336103 APTARGROUP INC	AT COST	3,568	7,341
045327103 ASPEN TECHNOLOGY INC	AT COST	7,002	22,207
426281101 HENRY JACK & ASSOC I	AT COST	2,601	10,822
57060D108 MARKETAXESS HLDGS IN	AT COST	3,298	15,011
40418F108 HFF INC	AT COST	10,881	16,951
05278C107 AUTOHOME INC-ADR	AT COST	11,011	43,415
833034101 SNAP ON INC	AT COST	5,009	5,009

Description	Amount
PY RETURN OF CAPITAL ADJUSTMENT	6,347
COST BASIS ADJUSTMENT	626

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
OTHER EXPENSE (NON-DEDUCTIBLE	11	11	0
INVESTMENT EXPENSES-DIVIDEND I	835	835	0
ACCOUNTING FILING FEE FOR	20	0	20

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAXES	4,061	4,061		0
FEDERAL TAX PAYMENT - PRIOR YE	21,000	0		0