| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,100 | 3,050 | 3,050 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC. 3.375% 11/14/21 SR LEIN | 25,094 | 25,782 |
| ADOBE SYSTEMS INC. 3.25% 02/01/25 | 25,172 | 27,865 |
| ADVANCE AUTO PARTS, INC. 1.75% 10/01/2027 USD SR LIEN | 74,754 | 76,505 |
| AIR LEASE CORP 3.375% 06/01/2021 SR LIEN | 59,167 | 60,808 |
| ALTRIA GROUP, INC. 4.8% 02/14/2029 USD SR LIEN | 47,667 | 48,655 |
| AMERICAN EXPRESS CO. 3.125% 05/20/26 | 74,799 | 84,258 |
| AMERIPRISE FINANCIAL INC. 3.0% 03/22/22 | 75,105 | 78,069 |
| APPLE INC. 3.0% 02/09/24 | 127,683 | 135,949 |
| AT&T INC. 4.35% 03/01/2029 USD SER 10YR SR LIEN | 71,380 | 72,430 |
| BANK OF AMERICA CORP. HYBRID MTN 03/05/24 | 50,334 | 53,986 |
| BANK OF MONTREAL MTN 2.9% 03/26/22 | 49,873 | 52,008 |
| BANK OF NOVA SCOTIA 2.0% 11/15/22 | 149,954 | 155,284 |
| BANK OF NOVA SCOTIA 2.7% 08/03/26 | 24,935 | 27,841 |
| BB&T CORP MTN 3.05% 06/20/22 | 49,998 | 51,942 |
| CATERPILLAR FINL SERVICE 2.15% 11/08/24 | 124,883 | 133,553 |
| CITIGROUP INC. 4.4% 06/10/25 | 50,748 | 57,294 |
| CITIGROUP INC. 4.6% 03/09/26 | 107,872 | 118,620 |
| COMCAST CORP. 3.95% 10/15/25 | 135,115 | 144,652 |
| CVS HEALTH CORP 3.7% 03/09/23 | 7,060 | 7,569 |
| DOMINION ENERGY INC 3.3% 03/15/2025 USD SER A SR LIEN | 94,849 | 105,525 |
| EMERSON ELECTRIC CO 0.875% 10/15/2026 USD SR LIEN | 124,640 | 126,118 |
| EXXON MOBIL CORPORATION 3.294% 03/19/2027 USD SR LIEN | 134,932 | 137,877 |
| FEDEX CORP 3.4% 01/14/22 SR LEIN | 50,169 | 52,368 |
| GLAXOSMITHKLINE CAPITAL PLC 2.85% 05/08/22 | 49,966 | 51,922 |
| GLOBAL PAYMENTS INC. 2.65% 02/15/25 | 124,969 | 135,111 |
| HONEYWELL INTERNATIONAL INC. 1.85% 11/01/21 | 34,824 | 35,522 |
| INGERSOLL-RAND LUXEMBOURG FINA 3.5% 03/21/26 | 50,012 | 56,871 |
| INTERNATIONAL BUSINESS MACHINE 3.3% 05/15/26 | 124,768 | 141,772 |
| INTERNATIONAL LEASE FIN CORP 5.875% 08/15/2022 USD SR LIEN | 84,886 | 88,216 |
| ISHARES IBOXX CORP. BOND ETF | 858,525 | 868,111 |
| JOHN DEERE CAPITAL CORP MTN 2.95% 04/01/22 | 49,976 | 52,035 |
| JOHNSON & JOHNSON 0.95% 09/01/2027 USD SR LIEN | 114,922 | 115,953 |
| JPMORGAN CHASE & CO. HYBRID 01/29/27 | 107,750 | 116,581 |
| JPMORGAN CHASE & CO. HYBRID 04/01/23 | 50,000 | 52,216 |
| KIMCO REALTY CORP 1.9% 03/01/2028 USD SR LIEN | 79,643 | 83,163 |
| KINDER MORGAN INC. 3.15% 01/15/23 | 100,070 | 106,624 |
| MITSUBISHI UFJ FINANCIAL GROUP 3.407% 03/07/24 | 25,000 | 27,438 |
| MOODY'S CORP. 4.875% 02/15/24 | 51,987 | 57,222 |
| MORGAN STANLEY HYBRID MTN 07/22/25 | 190,221 | 205,503 |
| MPLX LP 4.0% 02/15/25 | 50,730 | 56,633 |
| NEXTERA ENERGY CAPITAL HOLDING 2.75% 05/01/2025 USD SR LIEN | 59,915 | 65,185 |
| NEXTERA ENERGY CAPITAL HOLDING 3.25% 04/01/26 | 74,772 | 84,596 |
| NIKE INC. 2.375% 11/01/26 | 24,037 | 27,441 |
| ORACLE CORPORATION 2.4% 09/15/23 | 74,146 | 79,393 |
| PAYPAL HOLDINGS, INC. 2.4% 10/01/2024 USD SR LIEN | 90,220 | 91,344 |
| PHILIP MORRIS INTL. 2.875% 05/01/24 | 74,585 | 80,915 |
| PNC FINANCIAL SERVICES GROUP 2.6% 07/23/26 | 174,666 | 194,117 |
| PRAXAIR INC. 3.2% 01/30/26 | 78,851 | 84,999 |
| ROPER TECHNOLOGIES INC 1.4% 09/15/2027 USD SR LIEN | 104,853 | 106,822 |
| ROYAL BANK OF CANADA MTN 2.8% 04/29/22 | 124,946 | 129,830 |
| STARBUCKS CORP 3.8% 08/15/25 | 76,828 | 86,429 |
| THE HOME DEPOT INC. 2.7% 04/01/23 | 75,079 | 79,169 |
| TORONTO-DOMINION BANK MTN 3.25% 03/11/24 | 49,936 | 54,797 |
| TOTAL CAPITAL INTERNATIONAL 2.434% 01/10/25 | 75,000 | 80,918 |
| TOTAL CAPITAL INTERNATIONAL 3.7% 01/15/24 | 51,345 | 55,626 |
| TOYOTA MOTOR CORP. 2.358% 07/02/24 | 150,000 | 160,931 |
| TRUIST FINANCIAL CORP MTN 1.125% 08/03/2027 USD SR LIEN | 114,815 | 116,285 |
| U.S. BANCORP 2.4% 04/30/24 | 124,878 | 134,499 |
| UNITED TECHNOLOGIES CORP 3.65% 08/16/23 | 2,014 | 2,184 |
| VEREIT OPERATING PARTNER 3.4% 01/15/2028 USD SR LIEN | 34,700 | 39,240 |
| VERIZON COMMUNICATIONS INC. 3.5% 11/01/24 | 153,209 | 166,553 |
| VISA INC. 3.15% 12/14/25 | 75,748 | 84,250 |
| WALMART INC. 3.05% 07/08/26 | 49,934 | 57,023 |
| WASTE MANAGEMENT INC. 2.9% 09/15/22 | 101,165 | 104,482 |
| WELLS FARGO & COMPANY HYBRID MTN 06/02/2028 USD SR LIEN CPN 06/02/20 2.393% | 115,000 | 122,653 |
| WELLS FARGO & COMP. MTN 3.55% 09/29/25 | 50,082 | 56,621 |
| XILINX, INC. 3.0% 03/15/21 SR LEIN | 50,017 | 50,693 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISHARES EMERGING MARKETS ETF | 353,753 | 431,548 |
| ISHARES MSCI EAFE ETF | 1,000,557 | 1,126,794 |
| ISHARES RUSSELL 1000 GROWTH ETF | 1,257,494 | 1,999,774 |
| ISHARES RUSSELL 1000 VALUE ETF | 1,624,781 | 1,783,369 |
| ISHARES RUSSELL 2000 ETF | 524,121 | 675,231 |
| ISHARES TRUST CURRENCY HEDGED MSCI EAFE ETF | 646,355 | 679,633 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED BOND AMORTIZATION DISALLOWED | 4,834 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES FEES & SUBSCRIPTIONS | 61 | 1,865 | 1,865 | |
| BANK FEES | 201 | 66 | 66 | |
| OID OFFSET | 7,506 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 62,218 | 62,218 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 3,902 | 3,902 | 0 | |
| FEDERAL EXCISE TAX | 31,832 | 31,832 | 0 |