| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 1,171 | 1,171 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 89978KAX4 TUOLUMNE CA WIND PRO | AT COST | 53,951 | 53,338 |
| 883556102 THERMO FISHER SCIENT | AT COST | 26,511 | 73,701 |
| 91324P102 UNITEDHEALTH GROUP I | AT COST | 17,254 | 94,570 |
| 02079K107 ALPHABET INC/CA | AT COST | 31,541 | 66,982 |
| 00206RCY6 AT&T INC | AT COST | 51,574 | 51,200 |
| 891381C45 TORRANCE CA UNIF SCH | AT COST | 51,504 | 51,111 |
| 464288687 ISHARES S & P PREF S | AT COST | 202,513 | 202,496 |
| 037833100 APPLE COMPUTER INC C | AT COST | 15,129 | 49,932 |
| 741486104 T ROWE TX FR HIGH YI | AT COST | 215,000 | 211,405 |
| 5446464E9 LOS ANGELES CA UNIF | AT COST | 53,071 | 52,386 |
| 902641646 E-TRACS ALERIAN MLP | AT COST | 148,630 | 120,175 |
| 46625H100 JPMORGAN CHASE & CO | AT COST | 30,694 | 56,925 |
| 00770G847 JOHCM INTERNATIONAL | AT COST | 218,000 | 234,327 |
| 806857108 SCHLUMBERGER LTD | AT COST | 26,411 | 15,474 |
| 922908553 VANGUARD REIT VIPER | AT COST | 171,223 | 175,161 |
| 922908629 VANGUARD MIDCAP VIPE | AT COST | 300,387 | 312,933 |
| 902494AT0 TYSON FOODS INC 4.50 | AT COST | 27,137 | 25,760 |
| 375558103 GILEAD SCIENCES INC | AT COST | 20,153 | 24,504 |
| 641069406 NESTLE S.A. REGISTER | AT COST | 29,939 | 39,258 |
| 31641Q763 FIDELITY NEW MRKTS I | AT COST | 125,000 | 116,471 |
| 901165100 TWEEDY BROWNE FD GLO | AT COST | 222,000 | 223,449 |
| 21036P108 CONSTELLATION BRANDS | AT COST | 35,695 | 43,415 |
| 03875R205 ARBITRAGE FUND CLASS | AT COST | 100,000 | 102,886 |
| 084670702 BERSHIRE HATHAWAY IN | AT COST | 18,913 | 51,385 |
| 74925K581 ROBECO BP LNG/SHRT R | AT COST | 99,384 | 103,736 |
| 097023105 BOEING COMPANY | AT COST | 15,505 | 96,405 |
| 126650100 CVS/CAREMARK CORPORA | AT COST | 12,135 | 22,943 |
| 907818108 UNION PACIFIC CORP | AT COST | 19,545 | 55,675 |
| 87612E106 TARGET CORP | AT COST | 27,035 | 36,500 |
| 464287887 ISHARES SP SMALL-CAP | AT COST | 112,732 | 158,346 |
| 345397VM2 FORD MOTOR CREDIT CO | AT COST | 53,236 | 51,971 |
| 20030N101 COMCAST CORP CLASS A | AT COST | 12,361 | 43,884 |
| 254687106 WALT DISNEY CO | AT COST | 11,347 | 39,032 |
| 151020104 CELGENE CORP COM | AT COST | 17,323 | 30,961 |
| 74144Q203 T ROWE PRICE INST EM | AT COST | 250,000 | 290,196 |
| 19247U106 COHEN & STEERS INSTL | AT COST | 168,656 | 168,426 |
| 655664AN0 NORDSTROM INC 4.750% | AT COST | 51,241 | 50,708 |
| 150870103 CELANESE CORP | AT COST | 24,103 | 57,456 |
| 46625HJC5 JPMORGAN CHASE & CO | AT COST | 26,790 | 25,764 |
| 464287614 ISHARES RUSSELL 1000 | AT COST | 77,593 | 110,445 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING DIFFERENCE | 174 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEE/STATE TAX | 10 | 0 | 10 | |
| INVESTMENT EXPENSES-DIVIDEND I | 9 | 9 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ANNUITIES FROM NONQUALIFIED PLANS (SECTI | 6,658 | 6,658 |
| Description | Amount |
|---|---|
| ROUNDING | 7 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 40,000 | 10,000 | 30,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,889 | 1,889 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 1,046 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 2,135 | 0 | 0 |