| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,800 | 0 | 8,800 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMAZON.COM INC | 730,491 | 730,491 |
| APPLE INC | 165,971 | 165,971 |
| APPLE INC | 424,105 | 424,105 |
| BANK OF AMERICA CORP | 649,031 | 649,031 |
| BANK OF AMERICA CORP | 224,012 | 224,012 |
| BANK OF NEW YORK MELLON CORP/THE | 539,268 | 539,268 |
| BOOKING HOLDINGS INC | 528,474 | 528,474 |
| BRISTOL-MYERS SQUIBB CO | 201,572 | 201,572 |
| BRISTOL-MYERS SQUIBB CO | 462,172 | 462,172 |
| CISCO SYSTEMS INC | 202,125 | 202,125 |
| CITIBANK NA | 277,290 | 277,290 |
| CITIGROUP INC | 425,422 | 425,422 |
| GILEAD SCIENCES INC | 549,590 | 549,590 |
| GOLDMAN SACHS GROUP INC/THE | 335,424 | 335,424 |
| IBM CREDIT LLC | 202,555 | 202,555 |
| JPMORGAN CHASE & CO | 212,833 | 212,833 |
| JPMORGAN CHASE & CO | 339,527 | 339,527 |
| MASTERCARD INC | 213,521 | 213,521 |
| ORACLE CORP | 333,267 | 333,267 |
| ORACLE CORP | 410,690 | 410,690 |
| QUALCOMM INC | 324,064 | 324,064 |
| SALESFORCE.COM INC | 536,266 | 536,266 |
| TORONTO-DOMINION BANK/THE | 548,965 | 548,965 |
| TOYOTA MOTOR CREDIT CORP | 306,216 | 306,216 |
| TOYOTA MOTOR CREDIT CORP | 216,046 | 216,046 |
| UNITED PARCEL SERVICE INC | 650,591 | 650,591 |
| UNITEDHEALTH GROUP INC | 723,013 | 723,013 |
| US BANCORP | 526,381 | 526,381 |
| WALMART INC | 737,301 | 737,301 |
| WALT DISNEY CO/THE | 504,402 | 504,402 |
| XILINX INC | 539,009 | 539,009 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIA GROUP LTD SPON ADR | 92,610 | 92,610 |
| APPLE INC | 530,760 | 530,760 |
| ABB LTD | 108,429 | 108,429 |
| ALCON INC | 48,033 | 48,033 |
| ALLIANZ SE ADR | 135,698 | 135,698 |
| AMCOR PLC | 38,770 | 38,770 |
| AMAZON COM INC | 569,963 | 569,963 |
| ASML HOLDING NV NY REG NEW | 45,846 | 45,846 |
| BROADCOM INC | 135,733 | 135,733 |
| ALIBABA GROUP HLDG LTD | 140,103 | 140,103 |
| BANCO BRADESCO S A NEW | 31,229 | 31,229 |
| CARLSBERG AS | 47,552 | 47,552 |
| CROWN CASTLE INTL CORP | 525,327 | 525,327 |
| CHINA MOBILE LTD | 86,933 | 86,933 |
| CHINA MENGNIU DAIRY CO LTD ADR | 60,027 | 60,027 |
| CANADIAN NATL RAILWAY CO | 100,623 | 100,623 |
| COMPAGNIE DE ST GOBAIN UNSP | 161,595 | 161,595 |
| CRH PLC ADR | 30,445 | 30,445 |
| CRITEO S.A. ADR | 34,334 | 34,334 |
| CONTL AG SPONS ADR | 168,493 | 168,493 |
| DEUTSCHE BOERSE AG UNSPON ADR | 89,553 | 89,553 |
| DENSO CORP LTD ADR | 28,984 | 28,984 |
| NEW ORIENTAL ED & TECH GRP ADR | 47,196 | 47,196 |
| ENEL SOCIETA PER AZIONI ADR | 159,507 | 159,507 |
| FANUC CORPORATION UNSP ADR | 49,331 | 49,331 |
| FUJIFILM HLDGS CORP ADR | 133,275 | 133,275 |
| NATURGY ENERGY GROUP S A ADR | 44,218 | 44,218 |
| CGI INC CL A SUB VTG | 128,482 | 128,482 |
| ALPHABET INC CL C | 411,692 | 411,692 |
| HOME DEPOT INC | 212,496 | 212,496 |
| HDFC BANK LTD ADR | 123,565 | 123,565 |
| HEINEKEN NV SPN ADR | 48,134 | 48,134 |
| HONDA MOTOR COMPANY LTD ADR | 135,515 | 135,515 |
| ISUZU MOTORS LTD ADR | 10,998 | 10,998 |
| JD COM INC SPON ADR CL A | 99,503 | 99,503 |
| KINGFISHER PLC SPONS ADR NEW | 123,987 | 123,987 |
| KUEHNE & NAGEL INTL AG ADR | 80,335 | 80,335 |
| KOMATSU LTD SPON ADR NEW | 87,615 | 87,615 |
| KNORR BREMSE AG ADR | 69,228 | 69,228 |
| KOITO MANUFACTURING UNSP ADR | 77,680 | 77,680 |
| KYOCERA CP ADR | 133,904 | 133,904 |
| LOGITECH INTL SA | 37,714 | 37,714 |
| LLOYDS BANKING GROUP PLC | 120,987 | 120,987 |
| MASTERCARD INC CL A | 356,940 | 356,940 |
| MITSUBISHI ELECTRIC ADR | 140,396 | 140,396 |
| MICROSOFT CORP | 489,324 | 489,324 |
| NETFLIX INC | 702,949 | 702,949 |
| NIDEC CORP | 38,484 | 38,484 |
| NIKE INC B | 254,646 | 254,646 |
| NIPPON TELEGRAPH&TELEPHONE ADS | 128,963 | 128,963 |
| OPEN TEXT CORP | 53,688 | 53,688 |
| GRUPO AEROPORTUARIO DEL | 61,432 | 61,432 |
| PERNOD RICARD SA UNSPONS ADR | 47,899 | 47,899 |
| FLUTTER ENTMT PLC ADR | 108,681 | 108,681 |
| PROSUS N V SPONSORED ADR | 78,843 | 78,843 |
| PAYPAL HLDGS INC COM | 374,720 | 374,720 |
| QBE INSURANCE GROUP LTD ADR | 63,368 | 63,368 |
| BANCO SANTANDER S.A. | 131,574 | 131,574 |
| SCHNEIDER ELEC SA UNSP ADR | 96,577 | 96,577 |
| STARBUCKS CORP WASHINGTON | 545,598 | 545,598 |
| SANDS CHINA LTD UNSPONSORE ADR | 83,202 | 83,202 |
| SANDVIK AB SPONS ADR | 118,671 | 118,671 |
| SINGAPORE TELECOM LTD ADR NEW | 51,504 | 51,504 |
| SMC CORP JAPAN SPONSORED ADR | 49,053 | 49,053 |
| SONY CORP ADR 1974 NEW | 201,695 | 201,695 |
| SSE PLC SPON ADR | 165,933 | 165,933 |
| TENCENT HLDGS LTD UNSPON ADR | 104,312 | 104,312 |
| TOKI MARINE HOLDING INS ADR | 138,759 | 138,759 |
| TELIA COMPANY A B ADR | 120,901 | 120,901 |
| TAIWAN SMCNDCTR MFG CO LTD ADR | 313,272 | 313,272 |
| TWITTER INC | 411,540 | 411,540 |
| 10X GENOMICS INC CL A | 368,160 | 368,160 |
| UNITEDHEALTH GP INC | 596,156 | 596,156 |
| UNION PACIFIC CORP | 614,249 | 614,249 |
| UTD OVERSEAS BK LTD SPON ADR | 153,252 | 153,252 |
| VISA INC CL A | 437,460 | 437,460 |
| VERIZON COMMUNICATIONS | 258,500 | 258,500 |
| WORKDAY INC CL A | 670,908 | 670,908 |
| WAL-MART DE MEXICO SA SPON ADR | 120,861 | 120,861 |
| WALMART INC | 374,790 | 374,790 |
| WPP PLC SPON NEW ADR | 88,367 | 88,367 |
| WOLTERS KLUWER NV SPON ADR | 106,268 | 106,268 |
| YUM CHINA HLDNGS | 84,094 | 84,094 |
| ZURICH INSURANCE GRP LTD ADR | 60,501 | 60,501 |
| ISHARES TIPS BOND ETF | 1,294,754 | 1,294,754 |
| VIRTUS VONTOBEL EMRG MKT OPP I | 1,401,487 | 1,401,487 |
| MSIF GLOBAL OPPORTUNITY PTF I | 2,654,268 | 2,654,268 |
| MSIF GROWTH I | 2,869,485 | 2,869,485 |
| TEMPLETON GLOBAL TOTAL RET ADV | 956,986 | 956,986 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 869 | 0 | 869 | |
| LICENSE AND REG | 160 | 0 | 160 | |
| TELEPHONE | 240 | 0 | 240 | |
| SUBSCRIPTIONS | 5,418 | 0 | 5,418 | |
| INFO SYSTEMS | 1,582 | 0 | 5,081 | |
| INSURANCE | 3,284 | 0 | 0 | |
| POSTAGE | 95 | 0 | 95 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS ON INVESTMENTS | 2,970,195 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 171,051 | 171,051 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | 8,069 | 0 | 0 |