| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 27,863 | 19,504 | 6,409 | |
| AUDIT AND TAX PREPARATION | 22,161 | 15,513 | 8,148 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER AND TELECOM EQUIPMENT | 2019-12-31 | 21,653 | 15,088 | SL | 3.000000000000 | 656 | 0 | ||
| OFFICE FURNISHINGS | 2011-12-31 | 27,442 | 27,442 | SL | 3.000000000000 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APTARGROUP INC | 73,921 | 73,921 |
| AVERY DENNISON CORP | 83,759 | 83,759 |
| PACKAGING CORP OF AMERICA | 71,024 | 71,024 |
| RPM INTERNATIONAL INC | 99,858 | 99,858 |
| APPLIED INDUSTRIAL TECH INC | 61,612 | 61,612 |
| C H ROBINSON WORLDWIDE INC | 45,996 | 45,996 |
| DONALDSON CO INC | 88,849 | 88,849 |
| EXPEDITORS INTL WASH INC | 87,026 | 87,026 |
| HUBBELL INC | 100,346 | 100,346 |
| LINCOLN ELECTRIC HOLDINGS | 65,681 | 65,681 |
| MASCO CORP COM | 76,902 | 76,902 |
| MIDDLEBY CORP | 54,791 | 54,791 |
| NORDSON CORPORATION | 60,285 | 60,285 |
| SMITH (A.O.) CORP | 69,896 | 69,896 |
| UNIFIRST CORP/MA | 68,799 | 68,799 |
| CARTER INC | 72,904 | 72,904 |
| CHOICE HOTELS INTL INC | 42,692 | 42,692 |
| COLUMBIA SPORTSWEAR CO | 54,613 | 54,613 |
| DORMAN PRODUCTS INC | 64,247 | 64,247 |
| SERVICE CORP INTERNATIONAL | 95,254 | 95,254 |
| TEXAS ROADHOUSE INC | 51,976 | 51,976 |
| TOPBUILD CORP | 105,846 | 105,846 |
| TRACTOR SUPPLY CO | 79,428 | 79,428 |
| WILLIAMS-SONOMA INC | 77,908 | 77,908 |
| FLOWERS FOODS INC COM | 65,740 | 65,740 |
| LAMB WESTON HLDGS INC | 45,276 | 45,276 |
| LANCASTER COLONY CORP | 50,526 | 50,526 |
| SMUCKER J M CO | 88,434 | 88,434 |
| CHARLES RIVER LABORATORIES INTL INC | 49,972 | 49,972 |
| CHEMED CORP | 93,207 | 93,207 |
| COOPER COS INC/THE | 118,079 | 118,079 |
| DENTSPLY SIRONA INC | 69,377 | 69,377 |
| HENRY SCHEIN INC | 39,447 | 39,447 |
| HILL ROM HLDGS INC COM | 87,193 | 87,193 |
| MASIMO CORP | 53,676 | 53,676 |
| MEDPACE HOLDINGS INC | 123,888 | 123,888 |
| PERKINELMER INC | 120,540 | 120,540 |
| STERIS PLC | 107,090 | 107,090 |
| WATERS CORP | 123,710 | 123,710 |
| AMERICAN FINANCIAL GROUP INC | 47,315 | 47,315 |
| BROWN & BROWN INC COM | 53,336 | 53,336 |
| CBOE HOLDINGS INC | 55,872 | 55,872 |
| COHEN & STEERS INC | 58,697 | 58,697 |
| EAST WEST BANCORP INC | 58,317 | 58,317 |
| FACTSET RESH SYS INC | 74,813 | 74,813 |
| M & T BANK CORP | 111,388 | 111,388 |
| SEI INVESTMENTS COMPANY | 110,055 | 110,055 |
| SIGNATURE BANK | 73,057 | 73,057 |
| SVB FINANCIAL GROUP | 87,262 | 87,262 |
| UMB FINANCIAL CORP | 44,154 | 44,154 |
| AKAMAI TECHNOLOGIES INC | 85,567 | 85,567 |
| AMDOCS LTD ORD | 38,302 | 38,302 |
| ASPEN TECHNOLOGY INC | 106,154 | 106,154 |
| BROADRIDGE FINANCIAL SOLUTIO | 57,450 | 57,450 |
| CDK GLOBAL INC | 50,016 | 50,016 |
| CITRIX SYS INC | 112,537 | 112,537 |
| DOLBY LABORATORIES INC-CL A | 76,733 | 76,733 |
| F5 NETWORKS INC | 74,775 | 74,775 |
| IPG PHOTONICS CORP | 104,062 | 104,062 |
| JACK HENRY & ASSOCIATES INC | 40,498 | 40,498 |
| MANHATTAN ASSOCS INC | 90,981 | 90,981 |
| NETAPP INC | 70,546 | 70,546 |
| PROGRESS SOFTWARE CORP | 92,188 | 92,188 |
| INTERPUBLIC GROUP OF COS INC | 94,786 | 94,786 |
| OMNICOM GROUP | 91,372 | 91,372 |
| ATMOS ENERGY CORP | 101,633 | 101,633 |
| NEW JERSEY RESOURCES CORP | 51,192 | 51,192 |
| ONE GAS INC | 106,710 | 106,710 |
| CAMDEN PROPERTY TRUST | 58,953 | 58,953 |
| CORESITE REALTY CORP | 67,651 | 67,651 |
| CUBESMART | 40,332 | 40,332 |
| CYRUSONE INC | 32,918 | 32,918 |
| JONES LANG LASALLE INC | 85,313 | 85,313 |
| LAMAR ADVERTISING CO-A | 53,261 | 53,261 |
| STAG INDUSTRIAL INC | 27,092 | 27,092 |
| AFLAC INC. | 131,987 | 131,987 |
| AMGEN INC. | 212,216 | 212,216 |
| AUTOMATIC DATA PROCESSING,INC. | 195,230 | 195,230 |
| COCA COLA CO. | 250,838 | 250,838 |
| COLGATE PALMOLIVE CO. | 179,400 | 179,400 |
| CONAGRA BRANDS, INC. | 194,172 | 194,172 |
| CVS HEALTH CORPORATION | 208,520 | 208,520 |
| DOLLAR GENERAL | 180,227 | 180,227 |
| GLOBAL PAYMENTS INC. | 248,164 | 248,164 |
| JOHNSON & JOHNSON | 252,123 | 252,123 |
| LOWE'S COMPANIES INC. | 248,951 | 248,951 |
| MARSH & MCLENNAN CO. | 205,335 | 205,335 |
| MEDTRONIC PLC | 194,101 | 194,101 |
| MERCK & CO., INC. | 204,991 | 204,991 |
| MICROCHIP TECH INC. | 163,246 | 163,246 |
| QUEST DIAGNOSTICS INC. | 194,605 | 194,605 |
| ROSS STORES INC. | 300,025 | 300,025 |
| STANLEY BLACK & DECKER, INC. | 117,314 | 117,314 |
| STATE STREET CORP. | 207,350 | 207,350 |
| SYSCO CORP | 189,214 | 189,214 |
| THE J.M. SMUCKER CO. | 188,890 | 188,890 |
| THE KROGER CO. | 201,200 | 201,200 |
| UNILEVER PLC | 181,503 | 181,503 |
| UNITEDHEALTH GROUP INC. | 252,840 | 252,840 |
| US BANCORP | 244,318 | 244,318 |
| W. W. GRAINGER, INC. | 185,795 | 185,795 |
| MICROSOFT CORP | 358,096 | 358,096 |
| PEPSICO INC. | 339,607 | 339,607 |
| ALPHABET INC CAP STK CL A | 324,238 | 324,238 |
| JOHNSON & JOHNSON | 303,743 | 303,743 |
| BECTON DICKINSON & CO. | 292,757 | 292,757 |
| APPLE INC. | 258,746 | 258,746 |
| 3M COMPANY | 258,689 | 258,689 |
| STRYKER CORP | 254,842 | 254,842 |
| ACCENTURE PLC | 250,762 | 250,762 |
| NIKE INC CL B | 234,840 | 234,840 |
| UNITEDHEALTH GROUP INC | 220,928 | 220,928 |
| COGNIZANT TECH SOLUTIONS | 185,207 | 185,207 |
| PFIZER INC. | 184,786 | 184,786 |
| INTUIT INC. | 182,328 | 182,328 |
| GENERAL MILLS INC. | 170,520 | 170,520 |
| STARBUCKS CORP | 141,214 | 141,214 |
| AUTOMATIC DATA PROCESSING INC. | 132,150 | 132,150 |
| MASTERCARD INC. | 128,498 | 128,498 |
| BROADRIDGE FINANCIAL SOLUTIONS, INC. | 127,156 | 127,156 |
| EQUIFAX INC | 119,561 | 119,561 |
| HOME DEPOT INC. | 116,873 | 116,873 |
| UNITED PARCEL SVC CL B | 114,512 | 114,512 |
| TEXAS INSTRUMENTS INC | 113,250 | 113,250 |
| TJX COMPANIES INC | 101,752 | 101,752 |
| PROCTER & GAMBLE CO. | 100,181 | 100,181 |
| V.F. CORP | 82,848 | 82,848 |
| WASTE MANAGEMENT | 67,220 | 67,220 |
| ABBOTT LABS | 269,017 | 269,017 |
| ADOBE SYS INC | 354,085 | 354,085 |
| ALIGN TECHNOLOGY INC | 156,039 | 156,039 |
| ALPHABET INC CAP STK CL C | 348,624 | 348,624 |
| ALPHABET INC CAP STK CL A | 108,664 | 108,664 |
| AUTODESK INC | 233,890 | 233,890 |
| DOLLAR GEN CORP NEW | 152,047 | 152,047 |
| FACEBOOK INC | 410,833 | 410,833 |
| GARTNER INC | 123,026 | 123,026 |
| ILLUMINA INC | 111,370 | 111,370 |
| INTUITIVE SURGICAL INC | 105,535 | 105,535 |
| MSCI INC | 101,809 | 101,809 |
| MASTERCARD INCORPORATED CL A | 243,790 | 243,790 |
| MICROSOFT CORP | 399,021 | 399,021 |
| NIKE INC | 116,854 | 116,854 |
| PAYPAL HLDGS INC | 218,977 | 218,977 |
| REGENERON PHARMACEUTICALS | 119,811 | 119,811 |
| SALESFORCE COM INC | 196,939 | 196,939 |
| SERVICENOW INC | 226,227 | 226,227 |
| STARBUCKS CORP | 171,382 | 171,382 |
| UNITEDHEALTH GROUP INC | 151,494 | 151,494 |
| VISA INC | 247,821 | 247,821 |
| ZOETIS INC | 227,066 | 227,066 |
| ACCENTURE PLC IRELAND SHS CLASS A | 230,118 | 230,118 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SEG PARTNERS OFFSHORE FUND, LTD | FMV | 5,388,045 | 5,388,045 |
| THE WEATHERFLOW OFFSHORE FUND I, LTD | FMV | 2,708,884 | 2,708,884 |
| RBC GLOBAL FFF STOCK FUND | FMV | 7,311,807 | 7,311,807 |
| CHARLES SCHWAB - ACCESS | FMV | 4,442,008 | 4,442,008 |
| PIMCO LOW DURATION II ESG INSTITUTIONAL FUND | FMV | 2,923,358 | 2,923,358 |
| BLACKROCK STOCK FUND | FMV | 13,864,892 | 13,864,892 |
| VANGUARD - MONEY MARKET FUND | FMV | 5,727,227 | 5,727,227 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER AND TELECOM EQUIPMENT | 21,653 | 15,744 | 5,909 | |
| OFFICE FURNISHINGS | 27,442 | 27,442 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT | 8,834 | 10,913 | 10,913 |
| INTEREST AND DIVIDENDS RECEIVABLE | 48,724 | 13,062 | 13,062 |
| CONTRIBUTIONS RECEIVABLE | 50,000 | 50,000 | |
| PREPAID FEDERAL EXCISE TAX | 4,468 | 4,468 |
| Description | Amount |
|---|---|
| DEFERRED EXCISE TAX | 85,386 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 9,316 | 0 | 17,202 | |
| EQUIPMENT RENTALS | 6,498 | 0 | 6,498 | |
| INSURANCE | 5,636 | 0 | 5,814 | |
| TELEPHONE | 7,988 | 0 | 7,988 | |
| POSTAGE | 600 | 0 | 600 | |
| WEBSITE DESIGN | 740 | 0 | 740 | |
| DUES AND MEMBERSHIPS | 16,235 | 0 | 16,235 | |
| OTHER PROGRAM SUPPORT | 30,150 | 0 | 34,550 | |
| MISCELLANEOUS EXPENSE | 2,012 | 0 | 2,012 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION IN MARKET VALUE OF INVESTMENTS | 6,142,842 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAX | 90,594 | 175,980 |
| FEDERAL EXCISE TAX PAYABLE | 100,303 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 137,020 | 137,020 | 0 | |
| INVESTMENT ADVISORY FEES | 76,661 | 76,661 | 0 | |
| PROFESSIONAL FESS - OTHER | 1,386 | 0 | 1,386 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 31,229 | 0 | 0 |