| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION | 4,350 | 0 | 4,350 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ANHEUSER BUSCH INBEV FIN INC NOTE CPN 3.700% DUE 02/01/2024 | 10,068 | 10,667 |
| BANK AMERICA CORP DEP SHS REP 1/25TH INT NON CUML PFD FF FXD/VAR CPN 5.875% | 12,859 | 14,134 |
| CHEVRON CORP NOTE CPN 1.961% DUE 03/03/2020 | 9,878 | 9,998 |
| CISCO SYS INC SR NOTE CPN 4.450% DUE 01/15/2020 | 10,065 | 10,085 |
| CITIGROUP INC DEP SHS REPSTG 1/25TH PFD SER T FXD/VAR PERPETUAL CPN 6.250% | 13,584 | 14,560 |
| COMCAST CORP NEW NOTE CPN 3.150% DUE 03/01/2026 | 9,524 | 10,547 |
| CONSTELLATION BRANDS INC SR NOTE CPN 4.250% DUE 05/01/2023 | 10,179 | 10,713 |
| CVS HLTH CORP SR NOTE CPN 3.875% DUE 07/20/2025 | 9,870 | 10,606 |
| ENTERPRISE PRODS OPER LLC GTD SR NOTE CPN 3.750% DUE 02/15/2025 | 10,004 | 10,720 |
| FEDEX CORP NOTE CPN 3.250% DUE 04/01/2026 | 14,523 | 15,689 |
| HUNTINGTON BANCSHARES INC USECD DEP SHS 1/100 TH PERPETUAL FXD/VAR CPN 5.70% | 12,841 | 13,146 |
| JPMORGAN CHASE & CO SR NOTE FXD/VAR PERPETUAL CPN 6.125% | 13,497 | 13,991 |
| JPMORGAN CHASE & CO SUB NOTE CPN 4.250% DUE 10/01/2027 | 10,015 | 11,167 |
| KROGER CO SR NOTE CPN 3.300% DUE 01/15/2021 | 10,005 | 10,137 |
| MCKESSON CORP NEW SR NOTE CPN 3.796% DUE 03/15/2024 | 9,926 | 10,505 |
| MORGAN STANLEY SR NOTE SER F CPN 3.875% DUE 04/29/2024 | 10,027 | 10,729 |
| NEWMONT MINING SR NOTE CPN 3.300% DUE 01/15/2021 | 9,971 | 10,265 |
| NORFOLK SOUTHERN CORP SR NOTE CPN 3.800% DUE 08/01/2028 | 9,999 | 11,169 |
| SCHLUMBERGER INVT SA GTD SR NOTE CPN 3.650% DUE 12/01/2023 | 10,079 | 10,571 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 15,494 | 20,391 |
| ADOBE SYSTEMS INC DELAWARE | 17,647 | 19,347 |
| ALPHABET INC CL A | 21,803 | 21,430 |
| AMAZON.COM INC | 14,773 | 15,987 |
| AMERICAN TOWER CORP NEW | 14,678 | 21,177 |
| APPLE INC | 19,818 | 21,709 |
| AUTOMATIC DATA PROCESSING INC | 14,421 | 18,852 |
| BLACKSTONE GROUP INC CL A | 16,985 | 18,013 |
| CARMAX INC | 15,192 | 14,741 |
| CISCO SYSTEMS | 19,584 | 20,971 |
| COMCAST CORP CL A NEW | 15,678 | 17,925 |
| COSTCO WHOLESALE CORP | 15,094 | 20,633 |
| D R HORTON INC | 15,107 | 15,435 |
| ISHARES MSCI EAFE ETF | 52,134 | 48,925 |
| ISHARES NATIONAL MUNI BOND ETF | 206,422 | 217,613 |
| ISHARES TR EAFE SML CP ETF | 29,947 | 29,574 |
| JPMORGAN CHASE & CO | 19,275 | 19,116 |
| L3HARRIS TECHNOLOGIES INC | 20,353 | 21,564 |
| LAZARD GLOBAL LISTED INFRASTRUCTE INSTL | 31,073 | 31,928 |
| MERCK & COMPANY INC NEW | 19,346 | 22,136 |
| MICROSOFT CORP | 14,927 | 19,576 |
| NEXTERA ENERGY INC | 14,700 | 18,622 |
| NORTHROP GRUMMAN CORP | 15,247 | 15,083 |
| PROCTER & GAMBLE CO | 14,571 | 18,876 |
| PROGRESSIVE CORP OH | 16,770 | 18,571 |
| SPDR SER TR DJ WILSHIRE REIT ETF | 19,329 | 20,749 |
| STARBUCK CORP | 15,638 | 21,533 |
| UNION PACIFIC CORP | 14,691 | 15,872 |
| UNITEDHEALTH GROUP INC | 21,243 | 19,422 |
| VANGUARD INDEX FDS MIDCAP GROWTH INDEX | 19,510 | 20,657 |
| VANGUARD INDEX FDS MID-CAP VALUE INDEX | 19,500 | 18,471 |
| VANGUARD INDEX FDS VANGUARD SMALL CAP GROWTH VIPERS | 6,491 | 6,475 |
| VANGUARD INDEX FDS VANGUARD SMALL CAP VALUE VIPERS | 6,558 | 5,721 |
| VANGUARD INTL EQUITY INDEX FUND INC FTSE | 33,433 | 33,290 |
| VANGUARD WORLD FD MEGA CAP GROWTH ETF | 82,207 | 86,902 |
| VANGUARD WORLD FD MEGA CAP VALUE ETF | 136,244 | 135,420 |
| VISA INC CL A | 14,964 | 19,348 |
| WALT DISNEY CO | 14,910 | 15,099 |
| WASTE CONNECTIONS INC | 14,502 | 18,977 |
| ZOETIS INC CL A | 14,990 | 22,124 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE & OTHER FEES | 474 | 0 | 474 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 11,327 | 11,327 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 5 | 5 | 0 | |
| EXCISE TAX | 1,800 | 0 | 0 |