| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,692 | 939 | 3,754 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALCON INC (ALC) | 1,222 | 1,222 |
| 3M COMPANY (MMM) | 3,994 | 3,994 |
| ABBVIE INC COM USD0.01(ABBV) | 3,989 | 3,989 |
| ACADIA REALTY TRUST (AKR) | 1,203 | 1,203 |
| AERCAP HOLDINGS N.V. EUR0.01(AER) | 1,345 | 1,345 |
| AES CORP COM USD0.01 (AES) | 2,275 | 2,275 |
| AGNC INVT CORP COM (AGNC) | 1,378 | 1,378 |
| AGREE RLTY CORP (ADC) | 536 | 536 |
| ALEXANDRIA REAL ESTATE EQUITIES COM | 2,050 | 2,050 |
| ALLEGHENY TECHNOLOGIES INC COM | 814 | 814 |
| ALLSTATE CORP COM USD0.01(ALL) | 1,719 | 1,719 |
| ALLY FINANCIAL INC COM USD0.01(ALLY) | 2,050 | 2,050 |
| ALPHABET INC CAP STK CL A (GOOGL) | 5,533 | 5,533 |
| ALPHABET INC CAP STK CL C (GOOG) | 5,518 | 5,518 |
| ALTRIA GROUP INC (MO) | 9,272 | 9,272 |
| AMBARELLA INC COM USD0.00045(AMBA) | 531 | 531 |
| AMCOR LIMITED ADR-EACH CNV INTO 4 | 6,075 | 6,075 |
| AMERICAN CAMPUS CMNTYS INC (ACC) | 1,482 | 1,482 |
| AMERICAN CAMPUS CMNTYS INC (ACC) | 1,714 | 1,714 |
| AMERICAN EUROPACIFIC GROWTH FUND F3 | 36,930 | 36,930 |
| AMERICAN WOODMARK CORPORATION | 797 | 797 |
| AMERIPRISE FINANCIAL INC COM USD0.01 | 1,797 | 1,797 |
| AMERISOURCEBERGEN CORPORATION | 623 | 623 |
| AMN HEALTHCARE SERVICES INC COM | 1,066 | 1,066 |
| ANADARKO PETROLEUM CORP COM | 985 | 985 |
| ANGIODYNAMICS INC COM (ANGO) | 395 | 395 |
| ANIXTER INTERNATIONAL INC | 640 | 640 |
| ANSELL UNSPONSORED ADR REPR 4 ORD | 2,168 | 2,168 |
| ANTA SPORTS PRODS LTD UNSPONSOD | 1,837 | 1,837 |
| APARTMENT INVT &MGMT CO CL A (AIV) | 1,841 | 1,841 |
| ARAMARK COM (ARMK) | 591 | 591 |
| ARGO GROUP INTL HLDGS LTD COM | 775 | 775 |
| ASTRAZENECA ADR EACH REP 1 ORD | 2,804 | 2,804 |
| ATLANTIC UN BANKSHARES CORP COM | 904 | 904 |
| AVALONBAY COMMUNITIES INC COM | 3,045 | 3,045 |
| BAE SYSTEMS SPON ADR EA REP 4 ORD | 3,832 | 3,832 |
| BALCHEM CORP COM (BCPC) | 816 | 816 |
| BARNES GROUP INC (B) | 776 | 776 |
| BAXTER INTERNATIONAL INC COM USD1.00 | 2,497 | 2,497 |
| BENCHMARK ELECTRS INC COM (BHE) | 442 | 442 |
| BERRY GLOBAL GROUP INC (BERY) | 1,599 | 1,599 |
| BIG LOTS INC COM USD0.01 (BIG) | 607 | 607 |
| BIOGEN INC COM USD0.0005(BIIB) | 3,070 | 3,070 |
| BORG WARNER INC COM USD0.01(BWA) | 993 | 993 |
| BOSTON PROPERTIES INC COM USD0.01 | 1,701 | 1,701 |
| BP PLC SPONSORED ADR(BP) | 3,665 | 3,665 |
| BRITISH AMERICAN TOBACCO LVL II ADR | 5,096 | 5,096 |
| BRIXMOR PPTY GROUP INC COM (BRX) | 1,201 | 1,201 |
| C T S CORPORATION (CTS) | 450 | 450 |
| CACI INTL INC CL A (CACI) | 1,425 | 1,425 |
| CALAMP CORP (CAMP) | 417 | 417 |
| CALLON PETROLEUM CO COM USD0.01 | 606 | 606 |
| CAMBREX CORP COM USD0.10 (CBM) | 677 | 677 |
| CAMDEN PROPERTY TRUST SBI USD0.01 | 2,067 | 2,067 |
| CARETRUST REIT INC COM (CTRE) | 632 | 632 |
| CARNIVAL CORP PAIRED CTF(CCL) | 2,918 | 2,918 |
| CAROLINA FINL CORP NEW COM (CARO) | 764 | 764 |
| CARPENTER TECHNOLOGY CORP (CRS) | 527 | 527 |
| CARRIZO OIL &GAS INC COM USD0.01 | 417 | 417 |
| CARTERS INC COM (CRI) | 1,178 | 1,178 |
| CDK GLOBAL INC COM USD0.01(CDK) | 1,646 | 1,646 |
| CDW CORP COM USD0.01 (CDW) | 2,953 | 2,953 |
| CENTENE CORP DEL (CNC) | 1,502 | 1,502 |
| CHARLES RIV LABORATORIES INTL | 1,129 | 1,129 |
| CHEVRON CORP NEW COM (CVX) | 4,326 | 4,326 |
| CIMAREX ENERGY CO (XEC) | 1,087 | 1,087 |
| CISCO SYS INC COM (CSCO) | 12,331 | 12,331 |
| CITIGROUP INC COM NEW (C) | 1,243 | 1,243 |
| CITIZENS FINL GROUP INC COM (CFG) | 1,336 | 1,336 |
| CLEAN HBRS INC (CLH) | 1,539 | 1,539 |
| COCA COLA CO (KO) | 5,552 | 5,552 |
| COGNIZANT TECHNOLOGY SOLUTIONS | 3,282 | 3,282 |
| COLUMBIA BKG SYS INC (COLB) | 500 | 500 |
| COMCAST CORP NEW CL A (CMCSA) | 6,519 | 6,519 |
| COMPAGNIE FINANCIERE RICHEMONT SA | 1,840 | 1,840 |
| CONDUENT INC COM (CNDT) | 694 | 694 |
| CONSTELLATION BRANDS INC COM USD0.01 | 1,059 | 1,059 |
| COUSINS PPTYS INC (CUZ) | 1,403 | 1,403 |
| CYRUSONE INC COM USD0.01 (CONE) | 1,181 | 1,181 |
| DARLING INGREDIENTS INC (DAR) | 1,625 | 1,625 |
| DAVE &BUSTERS ENTMT INC COM (PLAY) | 696 | 696 |
| DBS GROUP HLDGS LTD SPONSORED ADR | 2,471 | 2,471 |
| DELTA AIR LINES INC DEL COM NEW (DAL) | 3,451 | 3,451 |
| DENTSPLY SIRONA INC COM (XRAY) | 1,724 | 1,724 |
| DEUTSCHE POST AG SPONS ADR EA REPR 1 | 4,762 | 4,762 |
| DIAGEO ADR EACH REPR 4 ORD | 4,202 | 4,202 |
| DIAMONDBACK ENERGY INC COM USD0.01 | 1,373 | 1,373 |
| DISH NETWORK CORP CL A (DISH) | 3,214 | 3,214 |
| DOLLAR GEN CORP NEW COM (DG) | 1,146 | 1,146 |
| DOLLAR GEN CORP NEW COM (DG) | 4,709 | 4,709 |
| DOLLAR TREE INC COM (DLTR) | 2,946 | 2,946 |
| DOLLAR TREE INC COM (DLTR) | 1,219 | 1,219 |
| DORMAN PRODS INC COM (DORM) | 980 | 980 |
| DOVER CORP COM USD1.00(DOV) | 894 | 894 |
| DOW INC COM (DOW) | 982 | 982 |
| DOWDUPONT INC COM (DWDP) | 2,472 | 2,472 |
| DR HORTON INC COM STK USD0.01(DHI) | 3,977 | 3,977 |
| DTE ENERGY HOLDING CO (DTE) | 2,008 | 2,008 |
| DUKE REALTY CORP COM NEW (DRE) | 1,474 | 1,474 |
| E TRADE FINL CORP COM NEW (ETFC) | 2,912 | 2,912 |
| EASTERLY GOVT PPTYS INC COM (DEA) | 1,086 | 1,086 |
| EDISON INTL (EIX) | 1,009 | 1,009 |
| EMERSON ELECTRIC CO (EMR) | 2,470 | 2,470 |
| EMPIRE ST RLTY TR INC CL A (ESRT) | 1,198 | 1,198 |
| ENCOMPASS HEALTH CORP COM (EHC) | 1,473 | 1,473 |
| ENTERGY CORP NEW (ETR) | 1,553 | 1,553 |
| EQT CORPORATION COM NPV (EQT) | 659 | 659 |
| EQUINIX INC COM (EQIX) | 1,457 | 1,457 |
| EQUINIX INC COM (EQIX) | 3,886 | 3,886 |
| EQUITRANS MIDSTREAM CORPORATIO COM | 437 | 437 |
| EQUITY RESIDENTIAL SBI USD0.01(EQR) | 766 | 766 |
| EVERGY INC COM (EVRG) | 2,209 | 2,209 |
| EXLSERVICE HOLDINGS INC COM (EXLS) | 948 | 948 |
| EXTRA SPACE STORAGE INC (EXR) | 1,500 | 1,500 |
| FIDELITY NATL INFORMATION SERVICES | 1,805 | 1,805 |
| FMC CORP COM USD0.10 (FMC) | 1,542 | 1,542 |
| FORTIVE CORP COM (FTV) | 2,285 | 2,285 |
| FORWARD AIR CORP (FWRD) | 1,005 | 1,005 |
| FRANKLIN ELEC INC (FELE) | 789 | 789 |
| FREEPORT-MCMORAN INC COM USD0.10 | 1,097 | 1,097 |
| GENUINE PARTS CO COM USD1.00(GPC) | 6,626 | 6,626 |
| G-III APPAREL GROUP LTD COM (GIII) | 309 | 309 |
| GLAXOSMITHKLINE ADR EACH CNV INTO 2 | 5,796 | 5,796 |
| GRANITE CONSTR INC (GVA) | 924 | 924 |
| GREAT WESTN BANCORP INC COM (GWB) | 746 | 746 |
| HAIN CELESTIAL GROUP INC (HAIN) | 958 | 958 |
| HARTFORD FINANCIAL SERVICES GRP INC | 1,422 | 1,422 |
| HASBRO INC COM USD0.50(HAS) | 2,379 | 2,379 |
| HCP INC COM USD1.00 (HCP) | 1,934 | 1,934 |
| HEINEKEN N V SPONSORED ADR L1(HEINY) | 2,567 | 2,567 |
| HIGHWOODS PPTYS INC (HIW) | 789 | 789 |
| HOST HOTELS & RESORTS INC COM (HST) | 1,177 | 1,177 |
| HOST HOTELS & RESORTS INC COM (HST) | 1,883 | 1,883 |
| HUBBELL INC COM (HUBB) | 2,176 | 2,176 |
| HUDSON PAC PPTYS INC COM USD0.01 | 1,303 | 1,303 |
| HUMANA INC (HUM) | 3,428 | 3,428 |
| IDACORP INC (IDA) | 1,203 | 1,203 |
| IMPERIAL BRANDS PLC SPON ADR(IMBBY) | 4,803 | 4,803 |
| INGREDION INC COM USD0.01(INGR) | 762 | 762 |
| INTEGRA LIFESCIENCES HOLDINGS CORP | 885 | 885 |
| INTERNATIONAL PAPER CO COM USD1.00 | 5,806 | 5,806 |
| INVITATION HOMES INC COM (INVH) | 2,025 | 2,025 |
| JOHNSON &JOHNSON COM USD1.00(JNJ) | 6,164 | 6,164 |
| JPMORGAN CHASE &CO. COM USD1.00 | 7,099 | 7,099 |
| KAR AUCTION SERVICES INC COM USD0.01 | 3,767 | 3,767 |
| KFORCE INC COM (KFRC) | 730 | 730 |
| KILROY REALTY CORP (KRC) | 737 | 737 |
| KONE OYJ UNSP ADR EACH REPR 0.5 ORD | 3,318 | 3,318 |
| KONINKLIJKE PHILIPS N V NY REG SH NEW | 3,724 | 3,724 |
| KROGER CO COM USD1.00 (KR) | 1,118 | 1,118 |
| LA Z BOY INC COM (LZB) | 612 | 612 |
| LABORATORY CORP AMER HLDGS COM | 4,553 | 4,553 |
| LEIDOS HLDGS INC COM (LDOS) | 1,959 | 1,959 |
| LENNAR CORP COM USD0.10 CLASS A(LEN) | 1,142 | 1,142 |
| LHC GROUP INC COM (LHCG) | 1,586 | 1,586 |
| LIBERTY PROPERTY TRUST COM USD0.001 | 1,234 | 1,234 |
| LITTELFUSE INC (LFUS) | 653 | 653 |
| LIVENT CORP COM (LTHM) | 518 | 518 |
| LKQ CORP COM (LKQ) | 2,232 | 2,232 |
| LOWES COMPANIES INC COM USD0.50 | 3,451 | 3,451 |
| LTC PPTYS INC (LTC) | 716 | 716 |
| LYDALL INC DEL (LDL) | 362 | 362 |
| M &T BANK CORP COM USD0.50 (MTB) | 958 | 958 |
| M &T BANK CORP COM USD0.50 (MTB) | 2,873 | 2,873 |
| MACOM TECH SOLUTIONS HLDGS INC COM | 1,755 | 1,755 |
| MARATHON OIL CORPORATION COM | 1,920 | 1,920 |
| MARCUS &MILLICHAP INC COM (MMI) | 764 | 764 |
| MATADOR RESOURCES COMPANY COM | 723 | 723 |
| MEDTRONIC PLC USD0.0001(MDT) | 4,907 | 4,907 |
| MERCANTILE BANK CORP COM (MBWM) | 432 | 432 |
| METHODE ELECTRS INC COM (MEI) | 419 | 419 |
| MICHAELS COS INC COM (MIK) | 456 | 456 |
| MICROSOFT CORP (MSFT) | 13,852 | 13,852 |
| MID AMER APT CMNTYS INC COM (MAA) | 1,484 | 1,484 |
| MOLSON COORS BREWING COMPANY COM | 2,309 | 2,309 |
| MOVADO GROUP INC COM (MOV) | 489 | 489 |
| MSG NETWORK INC CL A (MSGN) | 591 | 591 |
| MTS SYS CORP COM (MTSC) | 1,085 | 1,085 |
| NAVIGANT CONSULTING INC (NCI) | 814 | 814 |
| NESTLE S A SPONSORED ADR(NSRGY) | 5,740 | 5,740 |
| NEW SR INVT GROUP INC COM (SNR) | 165 | 165 |
| NEWELL BRANDS INC COM (NWL) | 939 | 939 |
| NEXSTAR MEDIA GROUP INC CL A (NXST) | 1,002 | 1,002 |
| NISOURCE INC COM USD0.01(NI) | 2,144 | 2,144 |
| NORFOLK SOUTHERN CORP COM USD1 | 2,732 | 2,732 |
| NOVARTIS A G SPONSORED ADR(NVS) | 4,625 | 4,625 |
| NOVARTIS A G SPONSORED ADR(NVS) | 3,083 | 3,083 |
| NOVO NORDISK A/S ADR-EACH CNV INTO 1 | 7,221 | 7,221 |
| OLD NATL BANCORP IND(ONB) | 765 | 765 |
| OLIN CORP NEW (OLN) | 902 | 902 |
| OMNICELL INC COM USD0.001 (OMCL) | 953 | 953 |
| OREILLY AUTOMOTIVE INC NEW USD0.01 | 3,342 | 3,342 |
| PACKAGING CORP OF AMERICA COM | 2,405 | 2,405 |
| PACWEST BANCORP DEL COM (PACW) | 1,163 | 1,163 |
| PARKER-HANNIFIN CORP COM USD0.50(PH) | 914 | 914 |
| PATTERSON COMPANIES INC COM USD0.01 | 757 | 757 |
| PAYCHEX INC COM USD0.01(PAYX) | 3,174 | 3,174 |
| PC CONNECTION INC COM (CNXN) | 444 | 444 |
| PEBBLEBROOK HOTEL TRUST COM | 1,531 | 1,531 |
| PEPSICO INC (PEP) | 5,376 | 5,376 |
| PFIZER INC (PFE) | 11,127 | 11,127 |
| PHILIP MORRIS INTERNATIONAL INC | 6,093 | 6,093 |
| PHYSICIANS REALTY TRUST COM USD0.01 | 824 | 824 |
| PINNACLE FINANCIAL PARTNERS COM | 1,430 | 1,430 |
| PINNACLE WEST CAPITAL CORP COM NPV | 1,972 | 1,972 |
| PROCTER AND GAMBLE CO COM (PG) | 3,808 | 3,808 |
| PROLOGIS INC COM (PLD) | 3,684 | 3,684 |
| PTC INC COM (PTC) | 1,345 | 1,345 |
| PUBLIC STORAGE COM USD0.10(PSA) | 3,092 | 3,092 |
| QORVO INC COM (QRVO) | 1,040 | 1,040 |
| QTS REALTY TRUST INC COM USD0.01 CL A | 739 | 739 |
| QUEST DIAGNOSTICS INC COM USD0.01 | 1,343 | 1,343 |
| REGAL BELOIT CORP COM STK USD0.01 | 1,527 | 1,527 |
| REGENCY CENTERS CORP COM USD0.01 | 2,111 | 2,111 |
| REGIONS FINL CORP (RF) | 1,950 | 1,950 |
| REINSURANCE GRP OF AMERICA INC COM | 1,629 | 1,629 |
| RELX PLC SPON ADS EACH REPR 1 ORD | 1,916 | 1,916 |
| ROGERS COMMUNICATIONS INC | 6,732 | 6,732 |
| RPM INTL INC FORMERLY RPM INC | 1,392 | 1,392 |
| SABRA HEALTH CARE REIT INC COM | 868 | 868 |
| SANOFI SPONSORED ADR(SNY) | 2,022 | 2,022 |
| SCHNEIDER ELECTRIC SE UNSPONSORD | 3,408 | 3,408 |
| SCOTTS MIRACLE-GRO CO (SMG) | 1,612 | 1,612 |
| SELECTIVE INS GROUP INC COM (SIGI) | 1,505 | 1,505 |
| SENSIENT TECHNOLOGIES CORP | 1,016 | 1,016 |
| SGS SA UNSPONSORED ADR(SGSOY) | 2,218 | 2,218 |
| SIGNATURE BK NEW YORK N Y COM (SBNY) | 1,604 | 1,604 |
| SILICON MOTION TECHNOLOGY CORP | 457 | 457 |
| SIMON PPTY GRP INC (SPG) | 3,890 | 3,890 |
| SITE CENTERS CORP COM (SITC) | 919 | 919 |
| SMUCKER J M CO COM NEW (SJM) | 1,823 | 1,823 |
| SNAP ON INC (SNA) | 1,403 | 1,403 |
| SONIC HEALTHCARE SPON ADR EACH REP 1 | 3,605 | 3,605 |
| SOUTH ST CORP COM (SSB) | 791 | 791 |
| STANDARD MTR PRODS INC COMMON | 636 | 636 |
| STERICYCLE INC COM ISIN #US8589121081 | 974 | 974 |
| STERLING BANCORP DEL COM (STL) | 1,583 | 1,583 |
| STIFEL FINL CORP (SF) | 1,019 | 1,019 |
| STURM RUGER &CO INC COM (RGR) | 497 | 497 |
| SUNCOR ENERGY COM NPV NEW | 2,341 | 2,341 |
| SUNTRUST BANKS INC (STI) | 3,241 | 3,241 |
| SVENSKA HANDELSBANKEN AB ADR | 1,975 | 1,975 |
| SYKES ENTERPRISES INC (SYKE) | 693 | 693 |
| SYNOPSYS INC COM (SNPS) | 1,281 | 1,281 |
| TAIWAN SEMICONDUCTOR | 4,065 | 4,065 |
| TAIWAN SEMICONDUCTOR | 3,720 | 3,720 |
| TELUS CORP COM ISIN #CA87971M1032 | 7,267 | 7,267 |
| TETRA TECH INC NEW COM (TTEK) | 1,148 | 1,148 |
| TEXAS INSTRUMENTS INC COM USD1.00 | 3,129 | 3,129 |
| TREEHOUSE FOODS INC (THS) | 1,512 | 1,512 |
| TYSON FOODS INC CL A (TSN) | 2,428 | 2,428 |
| UMB FINL CORP (UMBF) | 617 | 617 |
| UNILEVER PLC SPON ADR NEW (UL) | 5,056 | 5,056 |
| UNITED BANKSHARES INC WEST VA COM | 1,288 | 1,288 |
| UNITED OVERSEAS BK LTD SPONSORED | 2,254 | 2,254 |
| UNITED TECHNOLOGIES CORP COM USD1 | 3,663 | 3,663 |
| UNITEDHEALTH GROUP (UNH) | 5,320 | 5,320 |
| UNITIL CORP (UTL) | 569 | 569 |
| US BANCORP DEL COM NEW (USB) | 3,815 | 3,815 |
| US BANCORP DEL COM NEW (USB) | 3,012 | 3,012 |
| VALVOLINE INC COM (VVV) | 1,396 | 1,396 |
| VAREX IMAGING CORP COM (VREX) | 480 | 480 |
| VENTAS INC (VTR) | 643 | 643 |
| VERIZON COMMUNICATIONS (VZ) | 4,185 | 4,185 |
| WALMART INC COM (WMT) | 5,478 | 5,478 |
| WELLS FARGO BANK NATL ASSN CD | 246,929 | 246,929 |
| WELLS FARGO CO NEW COM (WFC) | 2,573 | 2,573 |
| WELLTOWER INC COM (WELL) | 3,168 | 3,168 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | FMV | 207,975 | 207,975 |
| ISHARES CORE S&P MID-CAP ETF (IJH) | FMV | 36,228 | 36,228 |
| ISHARES INC CORE MSCI EMERGING MKTS | FMV | 83,504 | 83,504 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 232 | 46 | 186 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/(LOSS) | 22,734 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES & PERMITS | 50 | 0 | 50 | |
| INVESTMENT FEES | 13,118 | 13,118 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE TAXES | 228 | 0 | 228 | |
| FOREIGN TAXES | 543 | 543 | 0 |