| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEE (NON-ALLOC | 1,000 | 1,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 003261104 ABERDEEN STANDARD BL | 808,584 | 855,962 |
| 81369Y704 AMEX INDUSTRIAL SELE | 156,044 | 177,100 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SEE ATTACHED | |||
| 990154993 FUTURES CONTRACT MAR | AT COST | 4 | 4 |
| 990154842 FUTURES CONTRACT MAR | AT COST | 10 | 10 |
| 990154994 FUTURES CONTRACT MAR | AT COST | 2 | 2 |
| 990154080 FUTURES CONTRACT MAR | AT COST | 39 | 39 |
| FEDERATED GOVERNMENT OBLIGATIO | AT COST | 4,765,813 | 4,765,813 |
| ISHARES JPMORGAN USD EMERG MKT | AT COST | 1,817,083 | 1,854,560 |
| ISHARES CORE MSCI TOTAL INTL S | AT COST | 1,013,423 | 1,142,230 |
| SCHWAB US TIPS ETF CLOSED-END | AT COST | 1,978,353 | 1,986,560 |
| VANGUARD TOTAL INTL BOND ETF C | AT COST | 6,352,872 | 6,440,500 |
| VANGUARD TOTAL STK MKT INDX FD | AT COST | 1,245,924 | 1,362,480 |
| WELLS FARGO HIGH YIELD BOND FU | AT COST | 989,932 | 1,016,598 |
| WELLS FARGO GLOBAL INVMT GRADE | AT COST | 1,238,944 | 1,230,296 |
| WELLS FARGO ALTERNATIVE RISK P | AT COST | 2,448,240 | 2,384,845 |
| FUTURES CONTRACT MAR 21 S&P500 | |||
| FUTURE CONTRACT MAR 21 DAX MIN | |||
| FUTURE CONTRACT JAN 21 IBEX 35 | AT COST | 8 | 8 |
| REVERSIONARY CLAUSE IN DEED FO | AT COST | 1 | 1 |
| CASH HELD FOR DERIVATIVES COLL | AT COST | 298,000 | 298,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MNGMNT FEES (DEDUCT | 12,442 | 12,442 | 0 | |
| OTHER EXPENSE (NON-DEDUCTIBLE | 44 | 44 | 0 | |
| OTHER NON-ALLOCABLE EXPENSE - | 25,000 | 0 | 25,000 | |
| STATE FILING/TAXES PAID | 200 | 0 | 200 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 6,983 | 6,983 |
| Description | Amount |
|---|---|
| FUTURES COLLATERAL | 178,000 |
| ROUNDING | 5 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 12,442 | 12,442 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 58 | 58 | 0 | |
| FEDERAL TAX PAYMENT - PRIOR YE | 947 | 0 | 0 | |
| FEDERAL ESTIMATES - PRINCIPAL | 18,660 | 0 | 0 |