| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLY BK MIDVALE UTAHCD - 2.100 | 25,000 | 24,843 |
| DISCOVER BANK CD - 2.750% - 08 | 25,000 | 24,933 |
| DISCOVER BK CD - 1.700% - 07/2 | 25,000 | 24,877 |
| EAGLEBANK BETHESDA MD CD - 2.6 | 25,000 | 24,963 |
| FRANKLIN SYNERGY BK TENN CD - | 25,000 | 24,929 |
| SANFORD INSTN FOR SVGS CD - 2. | 25,000 | 24,892 |
| TOWNEBANK PORTSMOUTH VA CD - 2 | 25,000 | 24,933 |
| UBS BK USA SALT LAKECITY UT CD | 25,000 | 25,033 |
| WELLS FARGO BANK NATL ASSN CD | 25,000 | 24,987 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC | 13,814 | 22,587 |
| AMERICAN EXPRESS CO | 14,087 | 17,158 |
| APPLE INC | 12,959 | 15,774 |
| AT&T, INC | 12,056 | 10,417 |
| BB&T CP | 15,161 | 16,895 |
| BRISTOL-MYERS SQUIBB CO | 14,116 | 10,916 |
| CAPITAL ONE FINANCIAL CORP | 15,351 | 14,362 |
| CHEVRON CORP | 13,787 | 14,143 |
| CISCO SYSTEMS INC | 12,826 | 18,632 |
| CONSUMER STAPLES SELECT SECTOR | 11,523 | 10,156 |
| CORNING INC | 11,257 | 19,637 |
| CSX CORP | 11,160 | 20,192 |
| DOWDUPONT INC | 7,533 | 8,289 |
| DXC TECHNOLOGY COMPANY | 1,501 | 1,755 |
| EATON CORP PLC | 11,094 | 10,986 |
| ELI LILLY & CO | 14,137 | 23,144 |
| EMERSON ELECTRIC CO | 11,261 | 11,651 |
| GILEAD SCIENCES INC | 13,600 | 8,444 |
| HEWLETT PACKARD ENTERPRISE CO | 3,982 | 5,086 |
| HOME DEPOT INC | 14,546 | 21,478 |
| HONEYWELL INTL | 10,981 | 14,533 |
| HP INC | 6,219 | 7,877 |
| INTEL CORP | 16,048 | 14,079 |
| JOHNSON & JOHNSON | 14,315 | 18,067 |
| JP MORGAN CHASE | 15,201 | 23,916 |
| KINDER MORGAN INC | 23,794 | 13,688 |
| KRAFT HEINZ CO | 8,882 | 6,026 |
| MCDONALD'S CORP | 14,370 | 25,747 |
| MERCK & CO INC | 13,936 | 18,338 |
| METLIFE INC | 13,676 | 11,907 |
| MICROSOFT CORP | 12,782 | 29,962 |
| NEXTERA ENERGY, INC | 10,591 | 18,251 |
| NUCOR CP | 7,396 | 8,031 |
| ORACLE CORP | 12,737 | 13,319 |
| PHILIP MORRIS INTL | 8,683 | 6,676 |
| PHILLIPS 66 | 13,899 | 15,507 |
| PROCTER GAMBLE CO | 8,868 | 9,652 |
| PRUDENTIAL FINCL INC | 14,776 | 14,679 |
| QUALCOMM INC | 17,451 | 15,366 |
| SELECT SECTOR SPDR INDUSTRIAL | 13,122 | 11,272 |
| STARBUCKS CORP COM | 7,058 | 9,660 |
| TEVA PHARMACEUTICAL INDUSTRIES | 14,169 | 3,778 |
| TOYOTA MTR CORP | 14,408 | 12,188 |
| UNION PACIFIC | 7,499 | 13,823 |
| UNITED TECHNOLOGIES CORP | 10,145 | 11,180 |
| VALERO ENERGY CORP | 14,014 | 17,618 |
| VANGUARD UTLTS ETF | 18,270 | 18,264 |
| VERIZON COMMUNICATIONS | 11,062 | 12,650 |
| VODAFONE GROUP PLC | 10,947 | 6,266 |
| WAL-MART STORES INC | 8,837 | 9,781 |
| WELLS FARGO & CO | 15,204 | 12,672 |
| WILLIAMS COS | 21,636 | 12,017 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 8,262 | 8,262 | ||
| Bank Charges | 18 | 18 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Amount |
|---|---|
| RETURNED GRANT | 500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2018 | 200 | |||
| 990-PF Excise Tax for 2017 | 218 |