| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,456 | 0 | 2,456 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERICAN CENTURY SMALL CAP GROWTH FUND | AT COST | 15,995 | 13,909 |
| AQR MANAGED FUTURES STRATEGY FUND | AT COST | 21,473 | 18,540 |
| ARTISAN MID CAP FUND | AT COST | 25,515 | 17,927 |
| ASG GLOBAL ALTERNATIVES FUND | AT COST | 12,864 | 12,519 |
| BLACKROCK GLOBAL LONG/SHORT CREDIT FUND | AT COST | 18,383 | 17,311 |
| DODGE & COX INCOME FD | AT COST | 31,744 | 30,890 |
| DODGE & COX INTERNATIONAL STOCK FUND | AT COST | 15,406 | 14,221 |
| EATON VANCE GLOBAL MACRO ABSOLUTE RETURN FUND | AT COST | 20,749 | 18,538 |
| FIDELITY NEW MARKETS INCOME FUDN | AT COST | 33,795 | 31,176 |
| HARBOR CAPITAL APPRECIATION FUND | AT COST | 50,111 | 51,729 |
| INVESCO BALANCED RISK COMMODITY STRATEGY FUND | AT COST | 13,568 | 12,524 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | AT COST | 20,194 | 18,388 |
| ISHARES CORE S&P 500 ETF | AT COST | 18,282 | 16,858 |
| JOHN HANCOCK FUND II ABSOLUTE RETURN CURRENCY FUND | AT COST | 12,757 | 12,332 |
| JP MORGAN HIGH YIELD FUND | AT COST | 14,008 | 13,184 |
| JP MORGAN MID CAP VALUE FUND | AT COST | 23,394 | 21,195 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | AT COST | 71,123 | 68,971 |
| MFS VALUE FUND | AT COST | 52,879 | 54,480 |
| NEUBERGER BERMAN LONG SHORT FUND | AT COST | 12,383 | 11,445 |
| OPPENHEIMER DEVELOPING MARKETS FUND | AT COST | 26,872 | 29,633 |
| SPDR DJ WILSHIRE INTERNATIONAL REAL ESTATE | AT COST | 6,474 | 6,291 |
| STERLING CAPITAL STRATTON SMALL CAP VALUE FUND | AT COST | 18,929 | 15,400 |
| T ROWE PRICE INSTITUTIONAL FLOAT RATE FD | AT COST | 5,887 | 5,643 |
| T ROWE PRICE OVERSEAS STOCK FUND | AT COST | 14,723 | 13,790 |
| T ROWE PRICE REAL ESTATE FUND | AT COST | 6,379 | 5,870 |
| TCW EMRG MKTS INCM | AT COST | 26,012 | 24,823 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEEDED MINERAL RIGHTS | 1,893,169 | 1,893,169 | 541,833 |
| ACCUMULATED DEPLETION | -775,257 | -897,055 |
| Description | Amount |
|---|---|
| BASIS ADJUSTMENT | 49 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OIL & GAS FEES | 6,188 | 6,188 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NET OIL AND GAS ROYALTIES - BEXCO OPERATING | 108,366 | 108,366 | 108,366 |
| Description | Amount |
|---|---|
| NONDIVIDEND DISTRIBUTION/RETURN OF CAPITAL | 29 |
| UNRECAPTURED SECTION 1250 GAIN | 16 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES - ROYALTIES | 3,787 | 3,787 | 0 | |
| FOREIGN TAXES | 273 | 273 | 0 |