| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL BOOKKEEPING AND TAX RETURN PREPARATION | 5,850 | 0 | 5,850 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN INTERNATIONAL GROUP (AIG) 65.000 SHARES | 2,720 | 2,461 |
| AMERICAN TOWER CORP (AMT) 13.000 SHARES | 996 | 2,918 |
| APOLLO GLOBAL MANAGEMENT INC (APO) 73.000 SHARES | 2,867 | 3,576 |
| APPLE INC (AAPL) 68.000 SHARES | 2,020 | 9,023 |
| BANK OF AMERICA CORP (BAC) 126.000 SHARES | 2,590 | 3,819 |
| BECTON DICKINSON AND CO (BDX) 10.000 SHARES | 2,249 | 2,502 |
| BLACKSTONE GROUP INC/THE-A (BX) 83.000 SHARES | 3,810 | 5,379 |
| BOSTON PROPERTIES INC (BXP) 14.000 SHARES | 1,211 | 1,323 |
| BROADCOM INC (AVGO) 6.000 SHARES | 1,248 | 2,627 |
| COCA-COLA CO/THE (KO) 62.000 SHARES | 2,592 | 3,400 |
| COMCAST CORP-CLASS A (CMCS) 115.000 SHARES | 3,544 | 6,026 |
| ECOLAB INC (ECL) 17.000 SHARES | 1,959 | 3,678 |
| EDISON INTERNATIONAL (EIX) 45.000 SHARES | 3,092 | 2,827 |
| ENBRIDGE INC (ENB) 62.000 SHARES | 2,100 | 1,983 |
| EXXON MOBIL CORP (XOM) 1,830.000 SHARES | 120,945 | 75,433 |
| HOME DEPOT INC (HD) 14.000 SHARES | 1,109 | 3,719 |
| INTERNATIONAL PAPER CO (IP) 35.000 SHARES | 1,204 | 1,740 |
| INTL BUSINESS MACHINES CORP (IBM) 625.000 SHARES | 49,787 | 78,675 |
| JOHNSON & JOHNSON (JNJ) 23.000 SHARES | 2,320 | 3,620 |
| LINDE PLC (LIN) 16.000 SHARES | 2,605 | 4,216 |
| MASTERCARD INC - A (MA) 10.000 SHARES | 1,069 | 3,569 |
| MERCK & CO. INC. (MRK) 49.000 SHARES | 2,347 | 4,008 |
| METLIFE INC (MET) 56.000 SHARES | 2,390 | 2,629 |
| MICROSOFT CORP (MSFT) 42.000 SHARES | 1,544 | 9,342 |
| MONDELEZ INTERNATIONAL INC-A (MDLZ) 65.000 SHARES | 2,799 | 3,801 |
| NESTLE SA-SPONS ADR (NSRGY) 37.000 SHARES | 2,712 | 4,359 |
| NEXTERA ENERGY INC (NEE) 40.000 SHARES | 827 | 3,086 |
| NORTHROP GRUMMAN CORP (NOC) 7.000 SHARES | 2,161 | 2,133 |
| ORACLE CORP (ORCL) 28.000 SHARES | 1,624 | 1,811 |
| OTIS WORLDWIDE CORPORATION (OTIS) 16.000 SHARES | 1,021 | 1,081 |
| PFIZER INC (PFE) 81.000 SHARES | 2,393 | 2,982 |
| PNC FINANCIAL SERVICES GROUP (PNC) 15.000 SHARES | 2,026 | 2,235 |
| PPG INDUSTRIES INC (PPG) 35.000 SHARES | 3,137 | 5,048 |
| PROCTER & GAMBLE CO/THE (PG) 32.000 SHARES | 2,718 | 4,452 |
| PUBLIC SERVICE ENTERPRISE GP (PEG) 38.000 SHARES | 1,886 | 2,215 |
| RAYTHEON TECHNOLOGIES CORP (RTX) 82.000 SHARES | 4,732 | 5,864 |
| SEMPRA ENERGY (SRE) 17.000 SHARES | 2,235 | 2,166 |
| TEXAS INSTRUMENTS INC (TXN) 20.000 SHARES | 847 | 3,283 |
| TRAVELERS COS INC/THE (TRV) 26.000 SHARES | 2,628 | 3,650 |
| UNION PACIFIC CORP (UNP) 18.000 SHARES | 1,760 | 3,748 |
| UNITED PARCEL SERVICE-CL B (UPS) 26.000 SHARES | 2,660 | 4,378 |
| UNITEDHEALTH GROUP INC (UNH) 10.000 SHARES | 1,300 | 3,507 |
| US BANCORP (USB) 42.000 SHARES | 2,155 | 1,957 |
| VERIZON COMMUNICATIONS INC (VZ) 52.000 SHARES | 2,707 | 3,055 |
| VISA INC-CLASS A (V) 20.000 SHARES | 1,735 | 4,375 |
| VULCAN MATERIALS CO (VMC) 20.000 SHARES | 1,945 | 2,966 |
| WALT DISNEY CO/THE (DIS) 20.000 SHARES | 1,407 | 3,624 |
| WASTE MANAGEMENT INC (WM) 29.000 SHARES | 1,403 | 3,420 |
| WEC ENERGY GROUP INC (WEC) 17.000 SHARES | 697 | 1,564 |
| WILLIAMS COS INC (WMB) 176.000 SHARES | 4,344 | 3,528 |
| ZOETIS INC (ZTS) 18.000 SHARES | 737 | 2,979 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKSTONE ALT MULTI-STRAT-Y (BXMYX) 21,077.969 SHARES | AT COST | 228,986 | 213,941 |
| COHEN & STEERS REAL ESTATE-F (CREFX) 4,694.220 SHARES | AT COST | 85,247 | 76,516 |
| DODGE & COX INCOME (DODIX) 12,799.960 SHARES | AT COST | 175,871 | 187,520 |
| DOUBLELINE TTL RTRN BND-R6 (DDTRX) 6,045.320 SHARES | AT COST | 64,323 | 64,746 |
| EDGEWOOD GROWTH FUND-INST (EGFIX) 2,949.367 SHARES | AT COST | 123,005 | 152,689 |
| FIDELITY 500 INDEX FD-AI (FXAIX) 2,673.566 SHARES | AT COST | 259,851 | 348,018 |
| FIDELITY INTL INDX-INST PRM (FSPSX) 4,088.403 SHARES | AT COST | 176,450 | 186,472 |
| HARTFORD CAPITAL APPREC-F (HCAFX) 796.861 SHARES | AT COST | 31,132 | 34,408 |
| HEALTH CARE SELECT SECTOR (XLV) 1,209.000 SHARES | AT COST | 117,436 | 137,149 |
| INVESCO QQQ TRUST SERIES 1 (QQQ) 470.000 SHARES | AT COST | 87,564 | 147,458 |
| ISHARES CORE MSCI EMERGING (IEMG) 2,538.000 SHARES | AT COST | 132,072 | 157,458 |
| ISHARES GLOBAL INFRASTRUCTUR (IGF) 723.000 SHARES | AT COST | 32,256 | 31,602 |
| ISHARES GOLD TRUST (IAU) 5,966.000 SHARES | AT COST | 81,387 | 108,164 |
| ISHARES MSCI ALL COUNTRY ASI (AAXJ) 1,256.000 SHARES | AT COST | 87,258 | 112,550 |
| ISHARES MSCI BRAZIL ETF (EWZ) 1,163.000 SHARES | AT COST | 38,107 | 43,112 |
| ISHARES MSCI EAFE ETF (EFA) 860.000 SHARES | AT COST | 52,460 | 62,746 |
| ISHARES MSCI INDIA ETF (INDA) 1,210.000 SHARES | AT COST | 36,058 | 48,666 |
| ISHARES MSCI JAPAN ETF (EWJ) 1,256.000 SHARES | AT COST | 74,205 | 84,855 |
| ISHARES RUSSELL 1000 VALUE E (IWD) 519.000 SHARES | AT COST | 63,321 | 70,963 |
| MFS INTL INTRINSIC VALUE-R6 (MINJX) 2,774.233 SHARES | AT COST | 80,948 | 143,844 |
| NB GREATER CHINA EQUITY-INST (NCEIX) 2,761.409 SHARES | AT COST | 28,304 | 34,435 |
| NEUBERGER BERMAN LONG SH-INS (NLSIX) 4,160.202 SHARES | AT COST | 62,000 | 69,101 |
| OAKMARK INTERNATIONAL-INST (OANIX) 2,577.273 SHARES | AT COST | 62,490 | 67,163 |
| PARNASSUS CORE EQUITY-INST (PRILX) 4,361.031 SHARES | AT COST | 137,759 | 234,405 |
| PIMCO COMMODITYPL STRAT-INS (PCLIX) 8,441.815 SHARES | AT COST | 42,800 | 41,703 |
| PIMCO INV GRD CRD BND-INST (PIGIX) 8,853.760 SHARES | AT COST | 93,640 | 99,959 |
| PIMCO TOTAL RETURN FD-INST (PTTRX) 12,739.600 SHARES | AT COST | 127,194 | 135,040 |
| SCHWAB U.S. TIPS ETF (SCHP) 1,069.000 SHARES | AT COST | 58,966 | 66,364 |
| SPDR S&P 500 ETF TRUST (SPY) 439.000 SHARES | AT COST | 93,530 | 164,133 |
| T ROWE PR JAPAN FUND-I (RJAIX) 2,994.919 SHARES | AT COST | 42,827 | 60,437 |
| T ROWE PRICE NEW ASIA-I (PNSIX) 1,735.526 SHARES | AT COST | 29,143 | 43,683 |
| VANECK GOLD MINERS (GDX) 2,045.000 SHARES | AT COST | 47,307 | 73,661 |
| VANGUARD FINANCIALS ETF (VFH) 2,076.000 SHARES | AT COST | 138,293 | 151,237 |
| VANGUARD TOT BD MKT IDX-ADM (VBTLX) 49,408.130 SHARES | AT COST | 545,933 | 574,122 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GENERAL AND ADMINISTRATIVE LEGAL COUNSEL | 495 | 0 | 495 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 250 | 0 | 250 | |
| POST OFFICE BOX RENTAL | 60 | 0 | 60 | |
| OTHER INVESTMENT EXPENSES | 1 | 1 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER MISCELLANEOUS INCOME | 6,400 | 6,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT AND ADVISORY | 28,814 | 28,814 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX PAID | 3,000 | 0 | 0 | |
| FOREIGN TAXES WITHHELD | 74 | 74 | 0 |