| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 915 | 915 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 81369Y100 AMEX MATERIALS SPDR | AT COST | 780 | 1,814 |
| 81369Y803 AMEX TECHNOLOGY SELE | AT COST | 2,584 | 13,838 |
| 779919307 T ROWE PR REAL ESTAT | AT COST | 2,887 | 3,160 |
| 464287150 ISHARES TRS & P 1500 | AT COST | 24,112 | 24,564 |
| 4812C0803 JPMORGAN HIGH YIELD | AT COST | 9,326 | 9,444 |
| 921937827 VANGUARD BD INDEX FD | AT COST | 4,537 | 4,707 |
| 922042858 VANGUARD EMERGING MA | AT COST | 13,353 | 18,059 |
| 81369Y308 CONSUMER STAPLES SEC | AT COST | 2,243 | 4,858 |
| 31641Q755 FIDELITY NEW MRKTS I | AT COST | 6,155 | 6,121 |
| 464287226 ISHARES BARCLAYS AGG | AT COST | 28,311 | 29,331 |
| 81369Y605 AMEX FINANCIAL SELEC | AT COST | 3,983 | 10,580 |
| 464287705 ISHARES S&P MIDCAP 4 | AT COST | 4,477 | 10,405 |
| 81369Y209 AMEX HEALTH CARE SPD | AT COST | 5,130 | 12,140 |
| 87234N765 TCW EMRG MKTS INCM-I | AT COST | 12,119 | 12,634 |
| 921943858 VANGUARD EUROPE PACI | AT COST | 19,750 | 21,448 |
| 81369Y506 AMEX ENERGY SELECT S | AT COST | 1,720 | 2,127 |
| 921937819 VANGUARD INTERMEDIAT | AT COST | 22,115 | 24,609 |
| 464287606 ISHARES S&P MIDCAP 4 | AT COST | 3,685 | 10,641 |
| 277923264 EATON VANCE GLOB MAC | AT COST | 9,969 | 9,467 |
| 47803M168 JOHN HANCOCK II-CURR | AT COST | 6,765 | 6,379 |
| 46434G103 ISHARES CORE MSCI EM | AT COST | 18,417 | 17,956 |
| 464287655 ISHARES RUSSELL 2000 | AT COST | 12,863 | 12,056 |
| 81369Y852 COMM SERV SELECT SEC | AT COST | 4,387 | 4,854 |
| 81369Y704 AMEX INDUSTRIAL SPDR | AT COST | 2,629 | 8,409 |
| 81369Y407 AMEX CONSUMER DISCR | AT COST | 1,435 | 8,849 |
| 78463X863 SPDR DJ WILSHIRE INT | AT COST | 1,592 | 3,113 |
| Description | Amount |
|---|---|
| MUTUAL FUND TIMING DIFFERENCE | 29 |
| ROUNDING | 1 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SCHOLARSHIP ADMIN FEES | 840 | 840 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 17 | 17 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 210 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 382 | 0 | 0 | |
| FOREIGN TAXES ON QUALIFIED FOR | 36 | 36 | 0 | |
| FOREIGN TAXES ON NONQUALIFIED | 75 | 75 | 0 |