| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 14,570 | 0 | 14,570 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200000SHS ALPHABET INC | 204,621 | 213,136 |
| 200000SHS APPLE INC | 196,316 | 212,100 |
| 100000SHS BERKSHIRE | 99,706 | 100,373 |
| 100000SHS CHEVRON | 100,127 | 100,010 |
| 25000SHS COCA COLA | 25,475 | 25,340 |
| 200000SHS HERSHEY | 206,902 | 204,690 |
| 200000SHS JOHNSON & JOHNSON | 194,819 | 210,200 |
| 200000SHS LILLY ELI & CO | 191,288 | 206,008 |
| 200000SHS MICROSOFT CORP | 198,067 | 202,903 |
| 200000SHS PEPSICO INC | 192,296 | 199,336 |
| 200000SHS PROCTOR & GAMBLE CO | 192,378 | 207,348 |
| 200000SHS WALMART INC | 202,734 | 221,496 |
| 245000SHS PFIZER INC | 241,414 | 254,044 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 10000SHS PFIZER INC | 348,584 | 359,300 |
| 10000SHS WEYERHAEUSER | 326,583 | 277,000 |
| 1000SHS DUPONT | 91,000 | 83,530 |
| 1025SHS NXP SEMICONDUCTORS | 101,113 | 111,848 |
| 1444SHS UNION ELECTRIC COMPANY | 136,016 | 131,086 |
| 15000SHS CISCO SYSTEMS INC | 486,067 | 741,150 |
| 1500SHS FIRST NATL BANK ALASKA | 215,167 | 360,000 |
| 194SHS JP MORGAN CHASE & CO | 205,028 | 228,319 |
| 2000SHS PARDEE RESOURCES COMPANY | 342,125 | 338,000 |
| 2500SHS NATIONAL PRESTO IND INC | 220,844 | 222,725 |
| 278SHS WISCONSIN ELEC POWER | 25,576 | 25,101 |
| 2990SHS SOUTHERN CALIFORNIA PFD EDISON | 75,936 | 65,182 |
| 3000SHS GILEAD SCIENCES INC | 231,425 | 190,140 |
| 4200SHS PRINCIPAL FINANCIAL GROUP INC | 229,161 | 239,988 |
| 4450SHS BANK OF NEW YORK MELLON | 235,890 | 201,185 |
| 4500SHS TYSON FOODS INC | 259,286 | 387,630 |
| 5000SHS MERCK & COMPANY | 275,569 | 420,900 |
| 5000SHS RAYONIER INC | 123,049 | 141,000 |
| 400SHS INTERNATIONAL PAPER | 40,000 | 37,100 |
| 7000SHS ROYAL DUTCH SHELL | 436,562 | 419,300 |
| 700SHS NSTAR ELECTRIC COMPANY | 70,000 | 70,700 |
| 7500SHS TOTAL S A SPONSORED ADR | 384,466 | 390,000 |
| 7500SHS VENTAS INC | 474,014 | 547,725 |
| 7500SHS WELLTOWER INC | 512,015 | 679,875 |
| 1220SHS UNITED PARCEL SERVICE | 134,779 | 146,180 |
| 1300SHS 3M COMPANY | 243,350 | 213,720 |
| 2955SHS AO SMITH | 153,498 | 140,983 |
| 7907SHS ABB LIMITED | 152,210 | 155,531 |
| 25725SHS BAIRD CHAUTAUQUA INTL GROWTH | 310,000 | 307,942 |
| 3018SHS BROWN-FORMAN CORP | 151,502 | 189,470 |
| 2600SHS CARTERS INC | 248,894 | 237,146 |
| 1315SHS COPART INC | 78,699 | 105,634 |
| 875SHS ECOLAB INC | 129,053 | 173,285 |
| 490SHS HOME DEPOT INC | 90,082 | 113,690 |
| 160SHS MARKEL CORP | 152,578 | 189,104 |
| 1317SHS PHIBRO ANIMAL HEALTH | 46,484 | 28,092 |
| 300SHS SHERWIN WILLIAMS CO | 118,443 | 164,961 |
| 1066SHS WATSCO INC | 151,888 | 180,346 |
| 4700SHS XYLEM INC | 328,285 | 374,214 |
| 597SHS AMERICAN ILLINOIS COMPANY | 56,715 | 55,820 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 1500SHS POPE RESOURCES DEL LIMITED PARTNERSHIP | AT COST | 71,448 | 105,780 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 1,222 | 0 | 1,222 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSES - PARTNERSHIPS | 20 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS LICENSE | 10 | 0 | 10 | |
| OFFICE EXPENSE | 49 | 0 | 47 | |
| WEBSITE | 1,409 | 0 | 1,409 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| POPE RESOURCES PARTNERSHIP | -1,659 | 0 | -1,659 |
| LAACO LTD PARTNERSHIP | 24,974 | 0 | 24,974 |
| Description | Amount |
|---|---|
| EXEMPT INCOME | 336 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR | 9,740 | 9,740 | 0 |
| Name | Address |
|---|---|
| SUZANNE L RAGEN |
434 MCGILVRA BLVD EAST SEATTLE,WA98112 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 842 | 0 | 842 | |
| FOREIGN TAXES | 7,506 | 7,506 | 0 | |
| FORM 990-PF | 35,680 | 0 | 35,680 | |
| FORM 990-T | 226 | 0 | 226 |