| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,500 | 750 | 750 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALIBABA GROUP HLDG LTD SPONSORED ADS | 7,539 | 7,539 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | 10,413 | 10,413 |
| CIGNA CORP NEW COM | 6,457 | 6,457 |
| FACEBOOK INC | 3,802 | 3,802 |
| JP MORGAN CHASE & CO COM | 12,788 | 12,788 |
| SHIRE PLC SPONS ADR | 9,920 | 9,920 |
| TOYOTA MTR CO SPON ADR | 8,474 | 8,474 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERICAN CENTURY REAL ESTATE FUND | FMV | 6,319 | 6,319 |
| ARTISAN INTERNATIONAL FUND INVESTOR CLASS | FMV | 6,947 | 6,947 |
| BARON EMERGING MARKETS FUND INSTITUTIONAL CLASS | FMV | 11,958 | 11,958 |
| EATON VANCE FLOATING RATE HIGH INCOME INSTIT. CLASS | FMV | 4,484 | 4,484 |
| FIDELITY ADVISOR FLOATING RATE HIGH INCOME FUND CLASS I | FMV | 9,674 | 9,674 |
| FIDELITY ADVISOR INTERNATIONAL SMALL CAP OPPORTUNITIES FUND CLASS I | FMV | 19,940 | 19,940 |
| FIDELITY ADVISOR NEW INSIGHTS FUND CLASS | FMV | 56,890 | 56,890 |
| FIDELITY ADVISOR TOTAL BOND FUND CLASS I | FMV | 6,061 | 6,061 |
| GATEWAY FUND CLASS Y | FMV | 26,464 | 26,464 |
| THE OAKMARK INTERNATIONAL FUND INVESTOR CLASS | FMV | 12,546 | 12,546 |
| THE OAKMARK SELECT FUND INVESTOR CLASS | FMV | 65,874 | 65,874 |
| JP MORGAN INTREPID EUROPEAN FUND | FMV | 4,330 | 4,330 |
| MFS INTERNATIONAL VALUE FUND CLASS I | FMV | 39,764 | 39,764 |
| PNC MULTI-FACTOR SMALL CAP CORE FUND | FMV | 10,562 | 10,562 |
| ISHARES TR CORE S&P 500 EFT | FMV | 33,464 | 33,464 |
| ISHARES TR CORE S&P MID-CAP ETF | FMV | 23,248 | 23,248 |
| SELECT SECTOR SPDR TR TECHNOLOGY | FMV | 17,788 | 17,788 |
| VANGUARD INDEX FDS VANGUARD SMALL-CAP | FMV | 5,016 | 5,016 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES | 83,255 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX EXEMPT FILING APPLICATION FEE | 336 | 0 | 336 | |
| MN STATE AG ANNUAL FEE | 25 | 0 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 3,968 | 3,968 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN AND WITHHOLDING TAXES | 47 | 47 | 0 |