| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUTING FEES | 22,850 | 11,425 | 11,425 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIR LEASE CORP | 50,153 | 50,153 |
| AMERICAN TOWER CORPORATION 3.0 | 79,465 | 79,465 |
| APPLE INC. | 100,813 | 100,813 |
| BANK OF AMERICA CORPORATION HYBRID MTN | 51,436 | 51,436 |
| CATERPILLAR FINL SERVICE MTN | 65,673 | 65,673 |
| CITIGROUP INC | 29,554 | 29,554 |
| COSTCO WHOLESALE CORP | 80,698 | 80,698 |
| EASTMAN CHEMICAL COMPANY | 83,388 | 83,388 |
| FEDERAL HOME LOAN BANK SYSTEM 2.375 | 50,216 | 50,216 |
| FEDERAL HOME LOAN BANK SYSTEM 3.375 | 54,626 | 54,626 |
| FHLB 1.875 | 160,980 | 160,980 |
| FHLB 2.125 | 52,162 | 52,162 |
| GENERAL MOTORS FINL | 10,486 | 10,486 |
| GOLDMAN SACHS BANK USA DEPOSIT (BDA) | 38,282 | 38,282 |
| IADB 2.5 | 130,831 | 130,831 |
| ILLINOIS TOOL WORKS INC. | 50,644 | 50,644 |
| INTERNATIONAL BANK FOR RECONST MTN | 50,138 | 50,138 |
| J.M. SMUCKER CO. | 128,065 | 128,065 |
| JOHN DEERE CAPITAL CORP MTN | 78,618 | 78,618 |
| JPMORGAN CHASE & CO. HYBRID | 31,844 | 31,844 |
| LOCKHEED MARTIN CORPORATION | 109,070 | 109,070 |
| NORTHROP GRUMMAN CORPORATION | 81,575 | 81,575 |
| OMNICOM GROUP INC. | 52,149 | 52,149 |
| ONTARIO (PROVINCE OF) 3.2 | 164,049 | 164,049 |
| ORACLE CORP | 54,398 | 54,398 |
| STARBUCKS CORP | 51,593 | 51,593 |
| STRYKER CORPORATION | 75,138 | 75,138 |
| SYSCO CORPORATION 2.5 | 50,498 | 50,498 |
| TARGET CORPORATION | 55,352 | 55,352 |
| TOYOTA MOTOR CREDIT CORP MTN | 130,890 | 130,890 |
| TRANSCANADAPIPELINES LIMITED | 81,048 | 81,048 |
| VERIZON COMMUNICATIONS INC. | 55,226 | 55,226 |
| WELLS FARGO & COMPANY MTN | 17,577 | 17,577 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADOBE INC CMN (ADBE) | 102,525 | 102,525 |
| ALCON, INC. CMN (ALC) | 54,895 | 54,895 |
| ALLEGION PUBLIC LIMITED COMPAN CMN (ALLE) | 59,121 | 59,121 |
| AMERIPRISE FINANCIAL, INC. CMN (AMP) | 62,769 | 62,769 |
| AMGEN INC. CMN (AMGN) | 68,976 | 68,976 |
| ANSYS, INC. CMN (ANSS) | 98,590 | 98,590 |
| CABOT OIL & GAS CORPORATION CMN (COG) | 45,747 | 45,747 |
| CAPITAL ONE FINANCIAL CORP CMN (COF) | 39,046 | 39,046 |
| CHUBB LIMITED CMN (CB) | 39,250 | 39,250 |
| CINCINNATI FINANCIAL CRP CMN (CINF) | 48,927 | 48,927 |
| COCA-COLA COMPANY (THE) CMN (KO) | 63,614 | 63,614 |
| COMMERCE BANCSHARES, INC. CMN (CBSH) | 35,150 | 35,150 |
| CORTEVA, INC. CMN (CTVA) | 62,339 | 62,339 |
| CULLEN FROST BANKERS INC CMN (CFR) | 24,424 | 24,424 |
| DANAHER CORPORATION CMN (DHR) | 120,178 | 120,178 |
| EAST WEST BANCORP INC CMN (EWBC) | 32,759 | 32,759 |
| ELANCO ANIMAL HEALTH INCORPORA CMN (ELAN) | 53,979 | 53,979 |
| EQUITY LIFESTYLE PROPERTIES, I CMN (ELS) | 27,245 | 27,245 |
| GENERAL DYNAMICS CORP. CMN (GD) | 40,479 | 40,479 |
| GOLDMAN SACHS BANK USA DEPOSIT (BDA) (*BDANOW) | 138,542 | 138,542 |
| JOHNSON CONTROLS INTERNATIONAL CMN (JCI) | 55,442 | 55,442 |
| JPMORGAN CHASE & CO CMN (JPM) | 59,596 | 59,596 |
| LENNAR CORPORATION CMN CLASS A (LEN) | 70,589 | 70,589 |
| MARTIN MARIETTA MATERIALS,INC CMN (MLM) | 60,486 | 60,486 |
| MEDTRONIC PUBLIC LIMITED COMPA CMN (MDT) | 64,778 | 64,778 |
| MICROCHIP TECHNOLOGY INCORPORA CMN (MCHP) | 75,270 | 75,270 |
| MICROSOFT CORPORATION CMN (MSFT) | 104,315 | 104,315 |
| MITSUBISHI UFJ FINL GROUP, INC SPONSORED | 26,491 | 26,491 |
| NOVARTIS AG-ADR SPONSORED ADR CMN (NVS) | 48,348 | 48,348 |
| PARKER-HANNIFIN CORP. CMN (PH) | 67,285 | 67,285 |
| PAYPAL HOLDINGS, INC. CMN (PYPL) | 55,037 | 55,037 |
| PHILLIPS 66 CMN (PSX) | 31,543 | 31,543 |
| PIONEER NATURAL RESOURCES CO CMN (PXD) | 23,575 | 23,575 |
| PNC FINANCIAL SERVICES GROUP, CMN (PNC) | 50,958 | 50,958 |
| PROCTER & GAMBLE COMPANY (THE) CMN (PG) | 62,056 | 62,056 |
| QUALCOMM INC CMN (QCOM) | 81,654 | 81,654 |
| RPM INTERNATIONAL INC CMN (RPM) | 64,272 | 64,272 |
| SONY CORPORATION SPONSORED ADR CMN (SNE) | 73,095 | 73,095 |
| SUN COMMUNITIES, INC CMN (SUI) | 27,199 | 27,199 |
| TWITTER, INC. CMN (TWTR) | 54,962 | 54,962 |
| TYSON FOODS INC CL-A CMN CLASS A (TSN) | 38,471 | 38,471 |
| WALGREENS BOOTS ALLIANCE, INC. CMN (WBA) | 24,167 | 24,167 |
| XYLEM INC. CMN (XYL) | 60,667 | 60,667 |
| ISHARES S&P 500 INDEX FUND CLASS G (BSPGX) | 2,136,060 | 2,136,060 |
| GS SMALL/MID CAP GROWTH FUND CLASS P (GSWPX) | 1,020,760 | 1,020,760 |
| STATE STREET HEDGED INTERNATIONAL DEVELOPED EQUITY INDEX FUND CLASS K (SSHQX | 665,514 | 665,514 |
| FIRST EAGLE OVERSEAS FUND I (SGOIX) | 868,162 | 868,162 |
| GS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FU CLASS P (GGIPX) | 523,619 | 523,619 |
| JOHCM INTERNATIONAL SELECT FUND INSTITUTIONAL (JOHIX) | 535,211 | 535,211 |
| VANGUARD INDEX FUNDS VANGUARD TOTAL STK | 7,843,408 | 7,843,408 |
| VANGUARD S&P 500 ETF (VOO) | 6,210,822 | 6,210,822 |
| SPDR S&P MIDCAP 400 ETF TRUST ETF (MDY) | 1,211,049 | 1,211,049 |
| VANGUARD INDEX FUNDS - VANGUAR VANGUARD | 1,681,451 | 1,681,451 |
| VANGUARD REIT INDEX FUND CMN (VNQ) | 1,124,643 | 1,124,643 |
| VANGUARD FTSE DEVELOPED MKTS CMN ETF (VEA) | 1,943,352 | 1,943,352 |
| VANGUARD FTSE EMERGING MKTS ETF (VWO) | 1,054,665 | 1,054,665 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD SHORT-TERM TREASURY EFT NOT RATED | FMV | 4,733,159 | 4,733,159 |
| FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND | FMV | 2,213,548 | 2,213,548 |
| GS HIGH YIELD FUND CLASS P | FMV | 2,091,060 | 2,091,060 |
| VANGUARD SHORT-TERM TREASURY ETF NOT RATED | FMV | 758,419 | 758,419 |
| PRIVATE MIDDLE MARKET CREDIT, LLC | FMV | 1,533,174 | 1,533,174 |
| D. E. SHAW COMPOSITE FUND, L.L.C. | FMV | 58,396 | 58,396 |
| TOURMALET MATAWIN FUND LP | FMV | 195,681 | 195,681 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 388 | 0 | 388 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATION COSTS | 3,799 | 3,799 | 3,799 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE | 6,357 | 0 | 6,357 | |
| INSURANCE | 1,625 | 813 | 812 | |
| DIRECT PROGRAM EXPENSE | 17,500 | 0 | 17,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INCOME FROM PASSTHROUGH LLC | 863 | 863 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 1,292,109 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 84,861 | 42,431 | 42,430 | |
| INVESTMENT MANAGEMENT FEES | 117,585 | 117,585 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 4,231 | 4,231 | 0 | |
| FEDERAL NET INVESTMENT INCOME TAX | 29,431 | 0 | 0 |