| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Audit fees | 40,000 | 0 | 0 | 30,000 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Abbvie Inc call 10/21/24 | 3,891,363 | 3,891,363 |
| Ace Ina Hldg Inc | 4,856,400 | 4,856,400 |
| Aercap Ireland Cap Ltd Tr Ie Sr Gbl | 3,050,640 | 3,050,640 |
| Ally Auto Receivables Tr 2019-1 Cl A3 | 911,270 | 911,270 |
| American Express Cr TR 2018-6 | 4,505,445 | 4,505,445 |
| Americredit Automobile Tr 2019-2 | 4,164,691 | 4,164,691 |
| AT&T Inc Sr Nt Call 2/15/25 | 3,600,434 | 3,600,434 |
| Bank Montreal Unsec Medium Term | 5,511,905 | 5,511,905 |
| Citigroup Coml Mtg Tr 2013- Ctf Cl A-3 | 4,864,849 | 4,864,849 |
| Citigroup Inc 09/30/24 | 3,297,764 | 3,297,764 |
| Comcast Corp New Nt Call 03/15/14 | 4,879,980 | 4,879,980 |
| Dowdupont Inc C10/15/23 | 3,250,320 | 3,250,320 |
| Ford Cr Auto Owner Tr 2017-C | 3,374,558 | 3,374,558 |
| Goldman Sachs Group C3/1/25 | 3,586,784 | 3,586,784 |
| JP Morgan Chase & Co Call 06/15/24 | 5,165,478 | 5,165,478 |
| Kinder Morgan Energy Partners 11/15/22 | 3,122,010 | 3,122,010 |
| Morgan Stanley Sr Nt Ser F | 3,263,280 | 3,263,280 |
| Nextera Energy Cap Hldgs C 04/01/25 | 3,533,642 | 3,533,642 |
| Pepsico Inc Sr Nt | 2,861,595 | 2,861,595 |
| Pioneer Nat Res Co C12/15/25 | 3,441,154 | 3,441,154 |
| PNC Finl Svcs Group Inc Call 12/23/23 | 4,830,795 | 4,830,795 |
| Shire Acquisitions Invts Ireland | 2,710,072 | 2,710,072 |
| Suntrust Bk Atlanta GA C04/01/23 | 3,126,480 | 3,126,480 |
| Synchrony Card Issuance Tr 2018-A1 | 1,006,500 | 1,006,500 |
| Toyota Auto Receivables 2020-C | 1,715,124 | 1,715,124 |
| Toyota Mtr Cr Corp Sr Mtn | 3,079,470 | 3,079,470 |
| US Bancorp Unsecd Sr Mtn 4/15/22 | 4,600,935 | 4,600,935 |
| UBS Coml Mtg Tr 2012-C1 Coml Cl A-3 | 5,457,729 | 5,457,729 |
| Verizon Communication 12/15/23 | 3,263,910 | 3,263,910 |
| Wells Fargo Com Mtg 20-C55 Cl A1 | 1,951,329 | 1,951,329 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| General governance and counsel | 93,660 | 0 | 0 | 93,660 |
| Description | Amount |
|---|---|
| Foreign currency translation adjustment | 360 |
| Net unrealized losses on investments | 5,848,430 |
| Description | Amount |
|---|---|
| Recovery of prior year qualifying distribution | 2,857 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Education equity consultants | 722,799 | 0 | 0 | 722,799 |
| Environmental resilience consult | 933,333 | 0 | 0 | 933,333 |
| Governance services | 247,695 | 0 | 0 | 152,847 |
| Investment management fees | 260,693 | 260,693 | 0 | 0 |
| Public relations consultants | 373,636 | 0 | 0 | 386,218 |
| Strategic advisory services | 365,150 | 0 | 0 | 365,150 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Excise tax | 109,938 |