| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Citigroup Inc. 3.5% 5/15/23 | 46,419 | 53,478 |
| Verizon Comm 3.375% | 51,023 | 55,500 |
| Bank of America 3.5% 4/19/26 | 50,638 | 56,637 |
| Gatx Corp 3.85% Due 3/30/27 | 49,341 | 56,333 |
| Eversource Energy, 3.3% Due 1/15/28 | 53,290 | 55,797 |
| Fortune Brands 3.25% Due 9/15/29 | 52,472 | 55,322 |
| Autodesk Inc 2.85% Due 1/15/30 | 51,294 | 55,418 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Abbott labs | 13,961 | 186,133 |
| Activision Blizzard | 7,309 | 9,285 |
| Alphabet inc | 103,180 | 175,188 |
| American Express Co | 75,569 | 123,933 |
| Baxter Intl Inc | 7,420 | 50,150 |
| CH Robinson Worldwide | 42,622 | 56,322 |
| Capital One | 49,920 | 52,000 |
| Charles Schwab | 20,735 | 37,128 |
| Chevron Corp | 62,518 | 46,448 |
| Cintas Corp | 17,727 | 26,510 |
| Conoco Phillips | 14,359 | 29,993 |
| Digi International | 13,035 | 18,900 |
| Donaldson Co Inc | 23,716 | 167,640 |
| Ecolab Inc | 131,608 | 227,178 |
| Elanco Animal Health | 17,893 | 21,469 |
| Fastenal Co | 41,598 | 87,894 |
| Fiserv Inc | 94,429 | 113,860 |
| HB Fuller Co | 21,916 | 127,106 |
| Graco Inc | 8,748 | 347,280 |
| Home Depot Inc | 40,793 | 66,405 |
| Honeywell Intl Inc | 38,927 | 276,510 |
| Hormel Foods Corp | 19,563 | 171,292 |
| Intel Corp | 19,817 | 49,820 |
| Johnson & Johnson | 74,945 | 94,428 |
| Lilly Eli & Co | 39,354 | 121,902 |
| Littlefuse Inc | 64,121 | 89,131 |
| Medtronic Inc | 136,203 | 210,852 |
| Motorola Solutions | 32,944 | 38,264 |
| Nvent Electric PLC | 10,981 | 46,580 |
| Pentair PLC | 6,498 | 31,854 |
| Pfizer Inc | 41,472 | 47,853 |
| Principal Financial Group | 51,186 | 94,259 |
| Proctor & Gamble | 13,957 | 24,350 |
| Proto Labs Inc | 10,786 | 30,680 |
| Roche Hldg AG | 82,988 | 118,368 |
| SCE Trust Six 5% | 50,020 | 48,280 |
| Schlumberger Ltd | 37,446 | 34,928 |
| Snap On Inc | 59,775 | 64,178 |
| Sysco Corp | 7,927 | 11,139 |
| Target Corp | 7,093 | 52,959 |
| Tennant Co | 40,349 | 40,348 |
| Toro Co | 3,987 | 189,680 |
| US Bancorp | 121,585 | 225,962 |
| United Parcel Service Cl B | 35,914 | 101,040 |
| UnitedHealth Group | 48,388 | 70,136 |
| Viatris Inc | 2,270 | 3,017 |
| Visa Inc | 26,437 | 43,746 |
| Walt Disney Co | 106,660 | 190,239 |
| Wells Fargo & Co | 23,790 | 48,288 |
| Zimmer Biomet Hldgs | 80,431 | 104,011 |
| 3M Co | 36,007 | 139,832 |
| Coresite Realty Corp | 21,479 | 25,056 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Taft Stettinius & Hollister LLP | 7,704 | 3,852 | 3,852 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| USPS Costs | 74 | 0 | 74 | |
| Misc. Expenses | 246 | 0 | 246 | |
| Investment/Bank Fees | 253 | 253 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Income | 90 | 90 | 90 |
| Core Laboratories - Foreign Tax Reclaimed | 168 | 168 | 168 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Mairs and Powers - Investments | 20,428 | 20,428 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS - Excise Taxes | 130 | 0 | 0 | |
| Foreign Taxes | 1,496 | 1,326 | 0 | |
| IRS - Estimated Taxes | 6,200 | 0 | 0 |