| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP FEES | 2,400 | 1,200 | 1,200 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 1125.429 SHS STERLING CAPITAL EQUITY INCOME FUND INSTL CL | AT COST | 19,697 | 25,997 |
| 508.64 SHS T. ROWE PRICE INSTL MID CAP EQUITY GR | AT COST | 27,000 | 36,861 |
| 993.922 SHS MFS INTERNATIONAL VALUE R6 | AT COST | 33,057 | 51,535 |
| 1445.124 SHS HARDING LOEVNER EMERGING MARKETS FUND CLASS I | AT COST | 23,885 | 37,010 |
| 2004.8160 SHS PIMCO INCOME INSTITUTIONAL FUND | AT COST | 24,376 | 24,278 |
| 1225.934 SHS VANGUARD DEVELOPED MARKETS INDEX ADMIRAL FUND | AT COST | 46,201 | 57,876 |
| 618.678 SHS VANGUARD ADMIRAL INDEX 500 FUND | AT COST | 118,101 | 212,633 |
| 175.201 SHS VANGUARD EXTENDED MARKET INDEX FUND | AT COST | 14,803 | 28,852 |
| 7949.609 SHS FEDERATED TOTAL RETURN BOND R6 | AT COST | 87,641 | 91,898 |
| 7634.324 SHS METROPOLITAN WEST TOTAL RETURN BOND CL I | AT COST | 83,467 | 85,352 |
| 843.3930 SHS AMERICAN FUNDS EUROPACIFIC GROWTH F3 | AT COST | 45,000 | 58,498 |
| 823.297 SHS DELAWARE GROUP VALUE FD | AT COST | 36,803 | 52,222 |
| 1189.336 SHS TOUCHSTONE SANDS CAPITAL SELECT GROWTH FUND | AT COST | 13,764 | 24,227 |
| 2337.172 SHS FEDERATED INST'L HIGH YIELD BOND | AT COST | 22,000 | 23,325 |
| Description | Amount |
|---|---|
| BOOK-TAX DIFFERENCE | 1,602 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF MI FILING FEE | 20 | 0 | 20 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODIAN & MANAGEMENT FEES | 8,226 | 5,758 | 2,468 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 222 | 222 | 0 |