| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A T & T INC 5.8% DUE 2/15/19 | ||
| ACTAVIS FDING 3.45% DUE 1/15/22 | ||
| ALLERGAN FUNDING 3.45% DUE 3/15/22 | 20,313 | 20,104 |
| AMAZON.COM INC 3.8% DUE 12/5/24 | 21,187 | 21,243 |
| AMGEN INC 3.45% DUE 10/01/20 | 15,389 | 15,187 |
| BANK OF AMERICA 4.125% DUE 1/22/24 | 15,860 | 15,826 |
| BANK OF MONTREAL 2.35% DUE 9/11/22 | 19,312 | 19,968 |
| BP CAPITAL MKT 3.224% DUE 4/14/24 | 14,978 | 15,309 |
| CHEVRON CORP 2.566% DUE 5/16/23 | 25,056 | 25,145 |
| CITIGROUP INC 3.3% DUE 4/27/25 | 19,202 | 20,320 |
| CVS HEALTH CORP 4% DUE 12/5/23 | 21,121 | 20,631 |
| GM FINANCIAL 3.7% DUE 11/24/20 | 20,318 | 20,171 |
| MORGAN STANLEY 4% DUE 7/23/25 | 20,716 | 20,948 |
| TIME WARNER 4.75% DUE 3/29/21 | ||
| TORONTO DOMINO 1.45% DUE 9/6/18 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACCENTURE PLC | 7,492 | 17,807 |
| ADIDAS AG | 11,530 | 14,287 |
| AMAZON | 16,340 | 17,751 |
| AMERICAN WATER WORKS | 10,653 | 28,142 |
| AMGEN INCORPORATED | 13,112 | 18,337 |
| APPLE INC | 8,851 | 25,385 |
| AUTO DATA PROCESSING | ||
| BERKSHIRE HATHAWAY | 6,376 | 10,858 |
| BLACKROCK INC | ||
| BOEING CO | 9,121 | 23,913 |
| BROADCOM INC | 17,167 | 17,615 |
| CHEVRON CORPORATION | 17,315 | 16,508 |
| CHUBB LTD | 7,100 | 11,686 |
| CISCO SYSTEMS INC | 9,634 | 19,511 |
| COLGATE PALMOLIVE CO | ||
| CONOCO PHILLIPS | 10,329 | 13,266 |
| COSTCO WHSL CORP | 11,426 | 23,958 |
| DOMINION ENERGY INC | 10,493 | 13,156 |
| ECOLAB INC | 11,292 | 18,409 |
| FEDEX CORP | 18,330 | 12,342 |
| FLAHERTY & CRUMRINE CLAY | 25,085 | 23,616 |
| GENUINE PARTS CO | 16,899 | 19,780 |
| GOLDMAN SACHS 5.5% PFD | 26,010 | 25,840 |
| HOME DEPOT INC | 6,254 | 15,188 |
| INTEL CORP | 14,865 | 28,626 |
| INTL FLAVORS & FRAGRA | 15,698 | 18,959 |
| JP MORGAN CHASE & CO | 8,904 | 18,543 |
| KINDER MORGAN INC | 15,517 | 17,955 |
| LAS VEGAS SANDS CORP | 12,231 | 11,000 |
| MERCK & CO INC | 17,287 | 23,763 |
| MICROSOFT CORP | 6,251 | 24,736 |
| NESTLE SA REG ADR | 14,042 | 18,840 |
| NEXTERA ENERGY INC | 10,484 | 24,380 |
| PEPSICO INC | 14,170 | 19,200 |
| PROCTER & GAMBLE | ||
| STRYKER CORP | 8,078 | 21,989 |
| TAIWAN SEMICONDUCTOR | 8,144 | 19,175 |
| UNITED PARCEL SRVC | 9,902 | 9,292 |
| UNITEDHEALTH GRP INC | 12,260 | 24,180 |
| VERIZON COMMUNIZATIONS | 22,512 | 24,457 |
| VISA INC | 7,790 | 19,360 |
| WALT DISNEY CO | 7,908 | 17,165 |
| WELLS FARGO 5.25% PFD | 24,797 | 24,950 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESCO PREFERRED ETF | AT COST | 25,526 | 24,769 |
| PIMCO INCOME INST BD FD | AT COST | 35,148 | 34,874 |
| POWERSHARES PREFERRED | AT COST | ||
| SPDR BLACKSTONE GSO | AT COST | 17,655 | 17,310 |
| VANGUARD FTSE DEVELOPED | AT COST | ||
| VANGUARD FTSE DEVELOPED | AT COST | 37,016 | 39,840 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INVESTMENT MANAGEMENT FEES | 11,567 | 11,567 | ||
| AMORTIZATION OF BOND PREMIUM | 3,032 | 3,032 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX | 4,354 | 4,354 |