| 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 |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BARCLAYS PLC 30 DEC 2021 | 850,000 | 936,105 |
| BARCLAYS PLC ZERO 15 JUL 21 | 450,000 | 509,850 |
| CITIGROUP GLBL/US 19 AUG 21 | 770,000 | 870,485 |
| GS FIN CORP ZERO 13 JUL 21 | 350,000 | 396,725 |
| GS FIN CORP ZERO 14 SEP 21 | 375,000 | 425,063 |
| UBS AG ZERO 16 JUN 21 | 350,000 | 386,470 |
| UBS AG ZERO 27 MAY 21 | 150,000 | 168,360 |
| WELLS FARGO ZERO 24 JUN 21 | 150,000 | 165,930 |
| BARCLAYS PLC 5.3% 29 APR 21 | 125,000 | 125,375 |
| BARCLAYS PLC 6.75% 19 AUG 21 | 250,000 | 253,875 |
| CITI GLBL/US 5.05% 22 JAN 21 | 125,000 | 123,600 |
| CITI GLBL/US 6.6% 05 OCT 21 | 175,000 | 176,470 |
| CITI GLBL/US 7.6% 14 SEP 21 | 75,000 | 76,245 |
| CITI GLBL/US 8.9% 13 MAY 21 | 125,000 | 126,863 |
| CREDIT SUISSE AG 6% 18 NOV 21 | 75,000 | 75,548 |
| GS FIN CORP 5.7% | 175,000 | 174,353 |
| JP MORGAN 5.6% 08 MAR 21 | 125,000 | 125,813 |
| MORGAN STANLEY 6.05% 25 OCT 21 | 125,000 | 125,163 |
| MORGAN STANLEY 6.65% 09 NOV 21 | 50,000 | 50,695 |
| MORGAN STANLEY 6% 23 DEC 21 | 75,000 | 75,098 |
| USB AG 5.1% 05 JAN 21 | 200,000 | 198,840 |
| UBS AG 5% 23 FEB 21 | 125,000 | 124,525 |
| ABBOTT LAB 2.95% 15 MAR 25 | 21,927 | 21,944 |
| ABBVIE INC 3.6% 14 MAY 25 | 21,906 | 22,282 |
| AIR LEASE CORP 3.75% 01 FEB 22 | 20,416 | 20,533 |
| ALTRIA GRP INC 3.8% 14 FEB 24 | 20,670 | 21,840 |
| AIG 2.5% 30 JUN 25 | 21,101 | 21,500 |
| AMGEN INC 2.25% 19 AUG 23 | 19,960 | 21,008 |
| ANHEUSER-BUSCH 4.15% 23 JAN 25 | 22,096 | 22,774 |
| ANTHEM INC 3.3% 15 JAN 23 | 21,172 | 21,155 |
| APPLE INC 2.75% 13 JAN 25 | 21,273 | 21,699 |
| AT&T INC 3.95% 15 JAN 25 | 22,488 | 22,491 |
| BANK OF AMER 3.875% 01 AUG 25 | 28,689 | 28,495 |
| BANK OF NY MEL 1.6% 24 APR 25 | 26,018 | 26,137 |
| BARCLAYS PLC 3.684% 10 JAN 23 | 35,936 | 36,072 |
| BP CAP MKTS 2.75% 10 MAY 23 | 19,941 | 21,095 |
| BROADCOM CORP 3% 15 JAN 22 | 20,241 | 20,460 |
| CAPITAL ONE FIN 3.2% 05 FEB 25 | 21,083 | 21,823 |
| CAPITAL ONE FIN 3.2% 30 JAN 23 | 20,217 | 21,072 |
| CHUBB INA HLDG 3.35% 15 MAY 24 | 20,701 | 21,834 |
| CIGNA CORP 3.75% 15 JUL 23 | 21,672 | 21,621 |
| CISCO SYS 2.2% 20 SEP 23 | 19,866 | 20,938 |
| CITIGROUP INC 2.7% 27 OCT 22 | 20,546 | 20,800 |
| COMCAST CORP 3.6% 01 MAR 24 | 20,399 | 22,004 |
| CSX CORP 3.35% 01 NOV 25 | 22,410 | 22,375 |
| CVS HLTH CORP 3.875% 20 JUL 25 | 22,585 | 22,650 |
| DEUTSCHE BK/NY 4.25% 14 OCT 21 | 25,538 | 25,636 |
| DEUTSCHE BK NY 5% 14 FEB 22 | 26,288 | 26,138 |
| DOLLAR GEN COR 3.25% 15 APR 23 | 20,461 | 21,162 |
| DOW CHEM CO 3.5% 01 OCT 24 | 20,932 | 21,908 |
| DUPONT 2.169% 01 MAY 23 | 40,672 | 40,530 |
| EQUIFAX INC 3.6% 15 AUG 21 | 20,315 | 20,373 |
| FIF THD BANC 3.65% 25 JAN 24 | 27,235 | 27,266 |
| GM FIN CO 3.2% 06 JUL 21 | 30,246 | 30,323 |
| GM FIN CO 3.55% 08 JUL 22 | 20,817 | 20,859 |
| GS GRP 3.625% 20 FEB 24 | 21,829 | 21,766 |
| GS GRP 3.75% 22 MAY 25 | 22,257 | 22,455 |
| INTERCON EXCH INC 4% 15 OCT 23 | 21,938 | 21,919 |
| JP MORGAN 3.9% 15 JUL 25 | 22,754 | 22,721 |
| KEYCORP 4.15% 29 OCT 25 | 23,128 | 23,214 |
| LLOYDS BANK 6.375% 21 JAN 21 | 3,012 | 3,008 |
| LOCKHEED MARTIN 2.9% 01 MAR 25 | 21,319 | 21,814 |
| MACY'S RETAIL 3.45% 15 JAN 21 | 27,071 | 26,865 |
| MASTERCARD 3.375% 01 APR 24 | 20,799 | 21,915 |
| MCDONALD'S 3.375% 26 MAY 25 | 22,037 | 22,211 |
| MICROSOFT 3.125% 03 NOV 25 | 22,409 | 22,359 |
| MORGAN STAN 3.125% 23 JAN 23 | 21,134 | 21,107 |
| OMNICOM GR INC 3.65% 01 NOV 24 | 20,881 | 22,077 |
| ORACLE CORP 2.95% 15 NOV 24 | 21,230 | 21,759 |
| PEPSICO INC 3.6% 01 MAR 24 | 20,950 | 21,825 |
| PHILIP MORRIS 3.25% 10 NOV 24 | 20,711 | 22,026 |
| REGIONS FIN 3.8% 14 AUG 23 | 21,725 | 21,696 |
| ROPER TECH 2.8% 15 DEC 21 | 20,413 | 20,425 |
| ROPER TECH 3.65% 15 SEP 23 | 20,816 | 21,701 |
| ROYAL BK OF CAN 3.7% 05 OCT 23 | 21,895 | 21,806 |
| STARBUCKS CORP 3.8% 15 AUG 25 | 22,744 | 22,761 |
| SYSCO CORP 3.55% 15 MAR 25 | 26,219 | 27,836 |
| TOYOTA MT CRED 3.05% 08 JAN 21 | 17,020 | 17,004 |
| VERIZON COM 4.15% 15 MAR 24 | 20,794 | 22,131 |
| WELLS FARGO 3.5% 08 MAR 22 | 20,015 | 20,735 |
| WELLTOWER INC 3.625% 15 MAR 24 | 25,916 | 27,247 |
| AIRCASTLE LTD 5.5% 15 FEB 22 | 17,802 | 17,705 |
| CREDIT SUISSE 3.625% 09 SEP 24 | 21,579 | 22,192 |
| DEUTSCHE BANK 3.15% 22 JAN 21 | 19,904 | 20,022 |
| SCHLUMBERGER 3.65% 01 DEC 23 | 20,740 | 21,713 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISHARES CORE S&P 500 ETF | 177,151 | 319,832 |
| ISHARES CORE S&P MID-CAP ETF | 32,917 | 51,252 |
| ISHARES CORE S&P SMALL-CAP ETF | 14,528 | 22,424 |
| ISHARES S&P 500 VALUE ETF | 8,889 | 17,027 |
| ISHARES CORE MSCI EAFE ETF | 67,166 | 87,744 |
| BLACKROCK GLOBAL ALLOC FUND | 19,453 | 21,573 |
| MORGAN STANLEY INST FUND INC | 46,373 | 66,562 |
| SPDR MSCI EAFE STRATFACT ETF | 17,666 | 21,869 |
| JPMORGAN HEDGED EQUITY FUND | 27,377 | 27,770 |
| ARTISAN DEVELOPING WORLD FUND | 27,931 | 46,360 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INCOME RECEIVABLE | 14,381 | 14,381 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS OTHER INCOME | 6,681 | 6,681 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 10,000 | |||
| FOREIGN TAX WITHHELD | 367 | 367 | 367 |