| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,145 | 4,100 | 1,045 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA CORPORATION 5.00% | 24,336 | 27,280 |
| CAPITAL ONE FINANCIAL CORP 6.00% | 25,000 | 26,440 |
| QWEST CORP 6.50% | 25,000 | 25,430 |
| BERKLEY W R CORP 5.75% | 24,898 | 25,640 |
| HSBC BK 2.125% | 25,000 | 25,269 |
| HEINZ H J 3.125% | 49,990 | 49,999 |
| LOCKHEED MARTIN CORP 3.35% | 27,991 | 28,588 |
| SOUTHERN PWR 2.50% | 24,874 | 25,463 |
| ALLY BK 3.15% | 50,000 | 51,508 |
| BURLINGTON NORTHN SANTA FE 3.05% | 49,770 | 51,272 |
| CAPITAL ONE BK 2.35% | 45,000 | 46,374 |
| NATIONAL RURAL UTILS 2.10% | 50,000 | 50,728 |
| CAMPBELL SOUP CO 2.50% | 24,366 | 25,833 |
| ALTRIA GROUP 2.85% | 24,996 | 25,962 |
| WALGREEN CO 3.10% | 24,999 | 26,096 |
| AT&T INC 2.625% | 49,676 | 51,866 |
| CONOCOPHILLIPS COMPANY 2.40% | 29,854 | 31,028 |
| JPMORGAN CHASE FINL CO 3.375% | 24,792 | 26,720 |
| ALTRIA GROUP 2.95% | 24,749 | 26,346 |
| APPLE INC 2.40% | 19,988 | 20,979 |
| ABBVIE INC 2.85% | 24,781 | 26,286 |
| SOUTHERN CO 2.95% | 24,929 | 26,474 |
| GE CAP BK INC 3.05% | 50,000 | 53,754 |
| VIACOM INC 3.875% | 19,747 | 21,863 |
| DISCOVER BK 2.50% | 20,000 | 21,485 |
| VERIZON COMMUNICATIONS 3.50% | 29,962 | 33,136 |
| LOCKHEED MARTIN CORP 2.90% | 49,922 | 54,535 |
| ABBOTT LABORATORIES 2.95% | 24,892 | 27,431 |
| WELLS FARGO BK 2.00% | 25,000 | 25,196 |
| SYNCHRONY BK 2.10% | 50,000 | 54,210 |
| MORGAN STANLEY 3.125% | 24,832 | 27,944 |
| VERIZON COMMUNICATIONS 2.625% | 24,791 | 27,394 |
| BRIGHTHOUSE FINL INC 3.70% | 34,947 | 38,063 |
| GNMA PASS THRU POOL 5.50% | 27,732 | 28,298 |
| DUKE ENERGY CORP 4.875% | 51,946 | 54,142 |
| GNMA PASS THRU POOL 5.50% | 42,158 | 41,750 |
| SOUTHERN CO 4.00% | 25,479 | 26,488 |
| CITIZENS FINANCIAL GROUP INC 5.65% | 26,193 | 28,068 |
| COMERICA INC 5.625% | 25,631 | 27,688 |
| DOMINION ENERGY 4.65% | 24,975 | 26,364 |
| HUNTINGTON BANCSHARES INC 4.45% | 25,631 | 26,657 |
| METLIFE INC 3.85% | 25,356 | 26,375 |
| TRUIST FINL CORP 5.125% (FORMERLY SUNTRUST BKS) | 24,131 | 26,781 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT&T INC | 35,928 | 35,950 |
| BERKSHIRE HATHAWAY INC | 66,906 | 185,496 |
| CISCO SYSTEMS | 46,223 | 62,650 |
| CVS HEALTH CORPORATION | 82,831 | 68,300 |
| DUKE ENERGY CORP | 57,732 | 73,248 |
| FUNDAMENTAL INVS | 43,668 | 57,788 |
| GABELLI DIVIDEND & INCOME FD | 22,852 | 32,190 |
| GENERAL DYNAMICS CORP | 30,263 | 29,764 |
| GILEAD SCIENCES INC | 34,043 | 29,130 |
| GROWTH FD AMER INC | 47,000 | 92,076 |
| HARRIS ASSOC INVT | 63,015 | 108,388 |
| HONEYWELL INTL INC | 22,626 | 85,080 |
| ISHARES CORE S&P MID CAP | 52,206 | 137,898 |
| ISHARES CORE S&P SMALL CAP | 62,805 | 147,040 |
| ISHARES RUSSELL 1000 GROWTH | 38,696 | 168,798 |
| ISHARES RUSSELL 1000 VALUE | 59,981 | 123,057 |
| ISHARES S&P SMALL CAP | 48,346 | 156,427 |
| JOHNSON & JOHNSON | 62,120 | 157,380 |
| JPMORGAN CHASE & CO | 43,499 | 88,949 |
| KEYCORP | 54,996 | 49,230 |
| KIMBERLY CLARK CORP | 32,511 | 40,449 |
| MERCK & CO INC | 36,576 | 81,800 |
| MICROSOFT CORP | 45,233 | 177,936 |
| NEXTERA ENERGY INC | 32,745 | 185,160 |
| PEPSICO INC | 31,903 | 74,150 |
| PFIZER INC | 36,041 | 36,810 |
| RAYTHEON TECHNOLOGIES (FORMERLY UNITED TECHNOLOGIES) | 18,242 | 21,453 |
| SECTOR SPDR TR SBI CONSUMER | 43,610 | 67,450 |
| SELECT SECTOR SPDR FUND SHS BEN CONSUMER | 65,219 | 68,331 |
| SELECT SECTOR SPDR TR HEALTH CARE | 56,545 | 90,752 |
| SELECT SECTOR SPDR TR INDUSTRIAL | 43,796 | 123,970 |
| SELECT SECTOR SPDR TR TECHNOLOGY | 28,124 | 156,024 |
| SELECT SECTOR SPDR TR UTILITIES | 46,854 | 94,050 |
| VANGUARD INDEX FDS MID-CAP GROWTH | 53,794 | 112,397 |
| VANGUARD INDEX FDS SMALL-CAP VALUE | 29,870 | 42,663 |
| VANGUARD SPECIALIZED FD | 43,405 | 112,936 |
| VERIZON COMMUNICATIONS | 44,270 | 70,500 |
| ASTRAZENECA PLC | 45,384 | 39,992 |
| GOLDMAN SACHS TR II | 65,715 | 69,780 |
| MEDTRONIC PLC | 37,523 | 38,539 |
| NOVARTIS AG | 47,512 | 66,101 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SPDR GOLD TR | AT COST | 69,104 | 89,180 |
| VANGUARD REAL ESTATE ETF | AT COST | 38,903 | 41,531 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER INVESTMENT EXPENSES | 231 | 231 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 25,891 | 25,891 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 803 | 803 | 0 | |
| EXCISE TAX | 865 | 0 | 0 |