| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT, COMPILATION AND TAX | 47,700 | 7,151 | 40,549 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| GRANT APPLICATION SUBMISSION INFORMATION | PART XV, LINES 2A THROUGH 2D |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|
| EXPENSE ALLOCATIONS | PART I, LINES 13 THROUGH 23 | COMPENSATION OF OFFICERS, TRUSTEES, AND OTHER EMPLOYEES AS WELL AS THE RELATED EMPLOYEE BENEFITS ARE ALLOCATED BASED ON TIME SPENT IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE VERSUS TIME SPENT IN THE PRODUCTION OF INCOME. FOR ALL OTHER EXPENSES, IF THE EXPENSE CAN BE DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE, THAT EXPENSE WILL BE ALLOCATED DIRECTLY TO THAT ACTIVITY. ALL OTHER EXPENSES NOT DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE ARE ALLOCATED BASED ON THE SALARY ALLOCATION PREVIOUSLY DESCRIBED. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1/100 BERKSHIRE HTWY CLA | 483,946 | 1,391,260 |
| 3M CO | 999,641 | 1,136,135 |
| ABBOTT LABORATORIES | 156,308 | 2,737,250 |
| ACCENTURE PLC F CLASS A | 2,794,623 | 6,895,944 |
| ADIDAS AG SPONSORED ADR | 185,125 | 242,462 |
| ADOBE INC | 576,096 | 1,203,289 |
| ADYEN NV-UNSPON ADR | 51,621 | 116,510 |
| AERCAP HOLDINGS NV | 50,498 | 59,300 |
| AFTERPAY LTD - UNSP ADR | 273,890 | 374,847 |
| AIA GROUP LTD SPONSORED ADR | 280,518 | 403,750 |
| AIR LIQUIDE ADR | 16,321 | 26,674 |
| AIR PROD & CHEMICALS | 1,946,310 | 2,683,020 |
| AIRBUS SE ADR | 176,532 | 222,112 |
| AKAMAI TECHNOLOGIES | 45,323 | 77,903 |
| ALBEMARLE CORP | 97,066 | 141,619 |
| ALCON INC | 33,934 | 35,629 |
| ALEXANDRIA REAL ESTATE EQUITIES INC | 61,793 | 95,169 |
| ALFA LAVAL AB-UNSPON ADR ADR | 22,646 | 29,669 |
| ALIGN TECHNOLOGY INC | 577,815 | 1,310,834 |
| ALIBABA GROUP HOLDING LTD ADR | 347,823 | 323,727 |
| ALLIANZ SE - UNSP ADR | 53,620 | 68,626 |
| ALPHABET INC. CLASS C | 7,570,535 | 10,019,002 |
| ALPHABET INC/CA-CL C | 496,375 | 487,023 |
| ALTRA INDUSTRIAL MOTION CORP | 28,613 | 38,635 |
| AMAZON COM INC | 621,665 | 1,416,765 |
| AMAZON.COM INC | 5,844,583 | 6,839,553 |
| AMBEV SA-SPN ADR ADR | 41,119 | 31,399 |
| AMERICAN CAMPUS CMNTYS INC | 23,690 | 27,287 |
| AMERICAN EAGLE OUTFITTERS INC | 19,357 | 30,828 |
| AMERICAN TOWER CORP | 711,555 | 1,126,565 |
| AMERN TOWER CORP REIT | 1,695,170 | 1,462,357 |
| AMPHENOL CORP NEW CL A | 78,436 | 146,201 |
| ANTHEM INC | 132,398 | 135,500 |
| AON PLC/IRELAND-A | 261,643 | 264,933 |
| APPLE INC | 3,027,871 | 10,177,323 |
| APPLIED MATERIALS INC | 71,229 | 172,600 |
| APTIV PLC-WHEN ISSUED | 249,118 | 304,879 |
| ARCH CAPITAL GROUP LTD | 178,829 | 231,533 |
| ARISTA NETWORKS INC | 128,598 | 168,821 |
| ARMSTRONG WORLD INDUSTRIE - WI | 84,968 | 89,119 |
| ASML HOLDING NV-NY | 300,424 | 396,029 |
| ASTRAZENECA PLC SPONS ADR | 277,393 | 248,950 |
| ATLAS COPCO AB SPONSORED ADR NEW REPSTG COM | 49,611 | 85,661 |
| ATLASSIAN CORP PLC-CLASS A | 301,659 | 408,103 |
| ATMOS ENERGY CORP | 92,146 | 88,941 |
| AVNET INC | 58,178 | 52,700 |
| BANCO BILBAO VIZCAYA ARGENTARIA S A | 69,780 | 42,899 |
| BANKUNITED INC | 63,680 | 60,065 |
| BECTON DICKINSON&CO | 2,031,387 | 3,377,970 |
| BELDEN INC | 15,694 | 10,894 |
| BERKSHIRE HATHAWAY INC CLASS B | 281,911 | 287,751 |
| BJ'S WHOLESALE CLUB HOLDINGS | 8,637 | 13,794 |
| BLACK HILLS CORP | 22,776 | 23,351 |
| BLACK KNIGHT INC-WHEN ISSUED | 63,173 | 138,975 |
| BLACKROCK INC | 2,235,533 | 4,585,387 |
| BLACKSTONE MORTGAGE TRUST | 41,469 | 36,863 |
| BORG WARNER INC. | 57,926 | 54,251 |
| BOSTON PPTYS INC REIT | 72,130 | 51,046 |
| BROADRIDGE FINL SOLU | 4,351,043 | 5,719,722 |
| BROOKFIELD ASSET MANAGEMENT CL A | 83,317 | 130,166 |
| BROWN & BROWN INC | 82,422 | 184,994 |
| BROWN FORMAN CORP CLASS B | 586,221 | 6,298,322 |
| BUSINESS DEVELOPMENT CORP | 989,975 | 655,914 |
| BWX TECHNOLOGIES INC | 29,575 | 39,182 |
| CABOT CORP | 12,833 | 13,733 |
| CACI INTL INC CL A | 18,563 | 36,652 |
| CAL MAINE FOODS INC NEW | 20,169 | 18,695 |
| CALLAWAY GOLF CO | 12,523 | 17,647 |
| CANADIAN NATL RAILWAY CO | 18,075 | 27,023 |
| CAPITAL ONE FINANCIAL CORP | 67,369 | 72,259 |
| CARLISLE COMPANIES INC | 140,804 | 184,605 |
| CARMAX INC | 98,390 | 167,855 |
| CARTER'S INC | 17,802 | 17,027 |
| CBRE GROUP INC | 55,988 | 98,031 |
| CDW CORP/DE | 61,000 | 140,225 |
| CF INDUSTRIES HOLDINGS INC | 59,057 | 80,788 |
| CHARLES RIV LABORATORIES INTL INC | 93,200 | 224,874 |
| CHECK POINT SOFTWARE TECH | 50,150 | 63,531 |
| CHIPOTLE MEXICAN GRIL CL A | 786,239 | 830,639 |
| CHUGAI PHARMACEUTIC-UNSP ADR | 25,529 | 58,414 |
| CIRCOR INTERNATIONAL INC | 21,455 | 22,795 |
| CISCO SYSTEMS INC | 835,428 | 1,388,145 |
| CITIGROUP INC | 227,275 | 240,351 |
| CLARIVATE PLC | 80,691 | 78,553 |
| CLEAN HARBORS INC | 35,462 | 44,899 |
| CME GROUP INC A DERIVATIVIES EXCHANGE | 598,747 | 874,204 |
| COGENT COMMUNICATIONS HOLDINGS INC | 11,322 | 17,841 |
| COLUMBIA PROPERTY TRUST INC | 39,928 | 26,041 |
| COMCAST CORPORATION CL A | 370,049 | 381,472 |
| CONTINENTAL RESOURCES INC/OK | 78,260 | 26,504 |
| COPART INC | 43,513 | 186,167 |
| CORPORATE OFFICE PPTYS TR REIT | 26,176 | 21,360 |
| CORTEVA INC | 804,907 | 1,271,294 |
| COSTCO WHOLESALE CO | 1,641,070 | 2,072,290 |
| CROWN CASTLE INTL CO REIT | 1,685,813 | 1,595,084 |
| CSX CORP | 101,166 | 186,219 |
| CUMMINS INC | 97,114 | 149,432 |
| D R HORTON INC | 83,055 | 161,686 |
| DAIFUKU CO LTD - UNSP ADR ADR | 275,400 | 382,500 |
| DANAHER CORP | 966,834 | 992,744 |
| DARDEN RESTAURANTS INC W I | 96,202 | 148,066 |
| DASSAULT SYSTEMS SA SPON ADR | 53,612 | 85,134 |
| DBS GROUP HLDGS LTD SPONSORED ADR | 52,519 | 70,270 |
| DIAGEO PLC SPONSORED ADR | 39,326 | 39,703 |
| DISH NETWORK CORP CL A | 92,658 | 87,609 |
| DISNEY WALT CO | 151,461 | 172,846 |
| DMC GLOBAL INC | 16,351 | 16,046 |
| DOLLAR TREE INC | 186,452 | 240,713 |
| DUKE ENERGY CORP | 491,659 | 2,105,880 |
| DYNEX CAPITAL INC | 16,343 | 18,850 |
| EASTMAN CHEM CO | 67,245 | 80,826 |
| EATON VANCE CORP COM NON VTG | 74,903 | 119,013 |
| ECOLAB INC | 1,644,859 | 2,081,383 |
| EMCOR GROUP INC | 13,264 | 19,115 |
| ENERGIZER SPINCO INC- W/I | 16,444 | 16,408 |
| ENERPAC TOOL GROUP CORP | 22,326 | 19,648 |
| ENPRO INDUSTRIES INC | 26,223 | 29,377 |
| ENVISTA HOLDINGS CORP | 29,478 | 43,849 |
| EPIROC AKTIEBOLAG-UNSP ADR ADR | 21,005 | 39,723 |
| EQUINIX INC | 2,453,195 | 2,993,843 |
| ESSEX PPTY TR INC REIT | 90,715 | 77,399 |
| EXLSERVICE HOLDINGS INC | 24,273 | 37,117 |
| EXPEDITORS INTERNATIONAL WASHINGTON INC | 51,565 | 92,066 |
| F.N.B. CORP PA | 59,823 | 43,016 |
| FACEBOOK INC | 1,047,126 | 1,638,960 |
| FACTSET RESH SYS INC | 70,429 | 141,645 |
| FANUC CORP ADR | 22,491 | 26,813 |
| FASTENAL CO | 38,512 | 87,699 |
| FIRST HORIZON CORPORATION | 94,857 | 63,877 |
| FISERV INC | 2,797,563 | 6,722,294 |
| FLEX LTD | 99,422 | 133,286 |
| FOMENTO ECONOMICO MEXICANO SAB DE CV | 44,380 | 39,779 |
| FUCHS PETROLUB SE-PREF ADR ADR | 13,450 | 14,813 |
| GARTNER INC | 151,255 | 220,582 |
| GATX CORP | 37,811 | 51,904 |
| GENERAL ELECTRIC CO | 242,524 | 249,707 |
| GENERAL MOTORS CO | 123,848 | 119,548 |
| GENMAB A/S -SP ADR ADR | 329,784 | 366,753 |
| GLACIER BANCORP INC | 59,837 | 85,533 |
| GLOBAL PAYMENTS INC-W/I | 84,202 | 205,080 |
| GOLDMAN SACHS GROUP INC | 235,325 | 254,744 |
| GRACE W R & CO DEL NEW | 45,861 | 36,620 |
| HAIN CELESTIAL GROUP INC | 16,250 | 26,820 |
| HANOVER INSURANCE GROUP INC | 40,326 | 47,236 |
| HARMONIC INC | 17,298 | 19,539 |
| HARSCO CORP | 20,612 | 24,758 |
| HAWAIIAN ELECTRIC INDUSTRIES INC | 11,914 | 12,953 |
| HDFC BANK LTD SPON - ADR | 19,599 | 32,806 |
| HESS CORPORATION | 44,460 | 47,194 |
| HEXCEL CORP | 26,352 | 25,118 |
| HILL ROM HLDGS INC | 2,705,177 | 3,588,641 |
| HILLENBRAND INC | 11,829 | 15,243 |
| HILTON WORLDWIDE HLDGS - W/I | 158,467 | 167,335 |
| HONEYWELL INTL INC | 527,029 | 2,552,400 |
| HOSTESS BRANDS INC | 33,961 | 35,165 |
| HUMANA INC | 64,609 | 118,158 |
| HUNTINGTON INGALLS INDS INC | 92,698 | 75,693 |
| HURON CONSULTING GROUP INC | 26,676 | 36,667 |
| ICICI BANK LTD SPON ADR | 215,747 | 312,060 |
| IDACORP INC | 34,727 | 38,124 |
| IHS MARKIT LTD | 567,392 | 1,154,944 |
| ILLINOIS TOOL WORKS | 1,679,555 | 3,701,441 |
| ILLUMINA INC | 2,562,119 | 3,217,520 |
| INFINEON TECHNOLOGIES ADR | 187,613 | 314,105 |
| INGEVITY CORP | 21,608 | 26,808 |
| INGREDION INC | 40,419 | 39,571 |
| INNOSPEC INC | 19,016 | 22,683 |
| INTEGRA LIFESCIENCES HLDG CORP | 30,833 | 39,796 |
| INTERCONTINENTAL EXCHANGE INC | 100,952 | 187,577 |
| INTUIT SOFTWARE | 882,685 | 1,249,327 |
| INTUITIVE SURGICAL INC | 546,438 | 1,389,952 |
| ITAU UNIBANCO BANCO HOLDING SPONSERED ADR | 47,869 | 43,458 |
| ITT INC | 26,919 | 49,678 |
| JOHNSON & JOHNSON | 1,349,763 | 2,124,630 |
| KELLY SERVICES INC CLASS A | 15,606 | 14,543 |
| KEMPER CORP | 120,099 | 119,624 |
| KEYCORP NEW | 71,439 | 66,608 |
| KOMATSU LTD SPON ADR | 31,524 | 38,035 |
| KORN FERRY | 23,944 | 29,841 |
| KUBOTA CORP SPON ADR | 33,554 | 47,226 |
| L OREAL CO UNSPONSORED ADR | 41,957 | 79,958 |
| LABORATORY CORP OF AMERICA HLDG | 203,639 | 291,687 |
| LAUDER ESTEE COS INC CL A | 729,250 | 1,226,604 |
| LEXINGTON REALTY TRUST | 17,971 | 18,702 |
| LIBERTY BROADBAND-C | 451,149 | 598,322 |
| LILLY ELI & CO | 1,126,550 | 2,303,822 |
| LINDE PLC | 24,565 | 40,844 |
| LIVENT CORP | 21,664 | 43,822 |
| LONZA GROUP AG UNSPON ADR | 29,270 | 70,296 |
| LUKOIL PJSC-SPON ADR ADR | 34,966 | 27,139 |
| LVMH MOET HENNESSY LOUIS ADR | 277,306 | 391,652 |
| LYONDELLBASELL INDUSTRIES N.V. | 54,395 | 57,288 |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC | 12,301 | 35,060 |
| MADDEN STEVEN LTD | 19,116 | 25,678 |
| MANTECH INTL CORP CL A | 16,713 | 27,038 |
| MARKEL CORP (HOLDING CO) | 164,661 | 175,661 |
| MARRIOTT INTERNATIONAL INC CL A | 272,545 | 280,330 |
| MASCO CORP | 53,432 | 86,020 |
| MASONITE INTERNATIONAL CORP | 30,673 | 41,696 |
| MCDONALDS CORP | 1,078,777 | 2,381,838 |
| MELCO RESORTS ENTERTAIN LTD ADR | 306,862 | 314,979 |
| MGIC INVT CORP WIS | 51,185 | 54,793 |
| MGP INGREDIENTS INC | 17,258 | 20,142 |
| MICROSOFT CORP | 3,197,675 | 11,306,943 |
| MOELIS & CO | 84,168 | 117,461 |
| MONDELEZ INTL CLASS A | 152,193 | 2,923,500 |
| MORGAN STANLEY | 141,656 | 148,916 |
| MURATA MFG CO LTD ADR UNSPON ADR | 256,186 | 372,222 |
| MURPHY OIL CORP | 61,677 | 25,035 |
| MURPHY USA INC-W/I | 30,756 | 61,116 |
| NATIONAL OILWELL VARCO INC | 51,271 | 23,822 |
| NESTLE S.A. SPONSORED ADR REPSTG REG SH | 39,289 | 59,489 |
| NETFLIX INC | 460,000 | 1,013,328 |
| NEW MARKET CORPORATION | 82,794 | 83,641 |
| NEWMARK GROUP INC-CLASS A | 21,877 | 30,698 |
| NEXTERA ENERGY INC | 258,864 | 4,629,000 |
| NIDEC CORPORATION SPON ADR | 230,728 | 357,576 |
| NIKE INC CLASS B | 1,622,130 | 3,155,630 |
| NITORI HLDGS CO LTD-UNSP ADR | 17,853 | 29,398 |
| NORTHERN TRUST CORP | 66,760 | 68,365 |
| NOVOZYMES A/S UNSPONSORED ADR | 21,530 | 23,627 |
| NUVASIVE INC | 20,866 | 23,095 |
| NVIDIA CORP | 1,976,674 | 3,520,672 |
| O-I GLASS INC | 36,027 | 25,728 |
| OLIN CORP PAR $1 | 24,652 | 20,557 |
| OMRON CORP SPON ADR | 239,092 | 240,701 |
| ON SEMICONDUCTOR CORPORATION | 71,459 | 148,234 |
| ONEOK INC NEW | 71,222 | 52,120 |
| OTIS WORLDWIDE CORP | 266,742 | 540,400 |
| OXFORD INDUSTRIES INC | 15,507 | 17,033 |
| PARSLEY ENERGY INC-CLASS A | 13,723 | 20,491 |
| PAYPAL HOLDINGS INCORPOR | 2,047,555 | 2,342,000 |
| PAYPAL HOLDINGS INC-W/I | 348,092 | 1,763,994 |
| PDC ENERGY INC | 20,904 | 16,547 |
| PING AN INSURANCE (GROUP) CO OF CHINA | 36,628 | 40,891 |
| PINNACLE FINANCIAL | 43,005 | 61,051 |
| PNC FINL SERVICES | 1,731,211 | 3,175,190 |
| PORTLAND GENERAL ELECTRIC CO | 80,276 | 83,059 |
| PRESTIGE CONSUMER HEALTHCARE INC | 32,813 | 31,801 |
| PROCTER & GAMBLE | 1,019,175 | 2,226,240 |
| PROGRESSIVE CORP OHIO | 236,391 | 354,485 |
| PROLOGIS INC. REIT | 711,443 | 1,112,206 |
| PRYSMIAN SPA-UNSPONSOREE ADR ADR | 235,717 | 320,746 |
| PUMA SE - UNSPONSORED ADR ADR | 183,621 | 261,193 |
| RAYMOND JAMES FINANCIAL INC | 68,162 | 86,868 |
| RAYTHEON TECHNOLOGIES CO | 1,828,852 | 3,314,632 |
| REGAL BELOIT CORP | 20,831 | 33,896 |
| REINSURANCE GROUP OF AMERICA | 62,868 | 55,980 |
| RENAISSANCE HOLDINGS LTD | 55,830 | 66,328 |
| RIO TINTO PLC SPONSORED ADR | 39,815 | 56,716 |
| ROCHE HOLDING LTD SPONSORED ADR | 55,133 | 74,484 |
| ROGERS CORP | 23,376 | 28,884 |
| ROSS STORES INC | 76,592 | 159,899 |
| ROYAL CARIBBEAN CRUISES LTD | 76,971 | 58,109 |
| ROYAL DUTCH SHELL PLC ADR B | 40,208 | 29,745 |
| S&P GLOBAL INC | 2,956,705 | 4,203,142 |
| SABRE CORP | 65,429 | 38,704 |
| SAFRAN SA UNSPON ADR | 267,633 | 301,410 |
| SALESFORCE COM | 1,731,597 | 5,707,895 |
| SANDERSON FARMS INC | 28,877 | 33,975 |
| SAP SE SPONSORED ADR | 70,204 | 88,796 |
| SCHNEIDER ELECTRIC SE | 43,758 | 65,717 |
| SEALED AIR CORP | 63,198 | 67,494 |
| SELECT ENERGY SERVICES INC-A | 13,050 | 4,190 |
| SENSIENT TECHNOLOGIES CORP | 11,654 | 13,279 |
| SGS S.A. UNSPONSORED ADR | 21,876 | 25,084 |
| SHIONOGI & CO LTD-UNSPON A ADR | 22,672 | 21,495 |
| SILGAN HLDGS INC | 16,381 | 20,172 |
| SNAP INC - A | 609,167 | 1,653,862 |
| SNAP ON INC | 77,811 | 84,201 |
| SONOCO PRODUCTS CO | 50,243 | 57,769 |
| SONOVA HLDG AG ADR | 22,024 | 39,870 |
| SPECTRUM BRANDS HLDGS INC | 23,956 | 26,695 |
| SPIRE INC | 32,035 | 27,601 |
| SPX FLOW INC | 15,086 | 16,982 |
| STANDEX INTERNATIONAL CORP | 37,106 | 29,845 |
| STARBUCKS CORP | 1,558,171 | 2,995,440 |
| STERLING BANCORP | 166,962 | 134,526 |
| STIFEL FINL CORP | 72,618 | 109,599 |
| SYMRISE AG UNSPON ADR | 23,232 | 43,810 |
| SYNOPSYS INC | 71,828 | 256,388 |
| SYSCO CORP | 86,701 | 113,692 |
| SYSMEX CORP UNSPONSORED ADR | 26,014 | 49,564 |
| TAIWAN SEMICONDUCTOR MTG CO ADR | 38,176 | 125,723 |
| TAIWAN SEMICONDUCTR F SPONSORED ADR | 1,838,208 | 2,071,760 |
| TEAM INC | 48,791 | 22,650 |
| TEGNA INC | 30,243 | 34,582 |
| TENCENT HOLDINGS LTD UNSPON ADR | 350,701 | 393,382 |
| TEXAS INSTRUMENTS | 1,295,243 | 1,912,115 |
| TEXAS ROADHOUSE INC | 8,782 | 16,648 |
| THE BANK OF N T BUTTERFIELD | 47,469 | 44,870 |
| THE COCA-COLA CO | 332,693 | 2,193,600 |
| THE SCOTTS MIRACLE-GRO COMPANY | 65,816 | 155,727 |
| THERMO FISHER SCNTFC | 2,338,315 | 5,547,440 |
| TJX COMPANIES INC NEW | 87,733 | 155,291 |
| TORONTO-DOMINION BK F | 1,013,133 | 1,297,660 |
| TREEHOUSE FOODS INC WHEN ISS | 57,457 | 52,773 |
| UMPQUA HLDGS C | 23,495 | 29,538 |
| UNI CHARM CORP SPON ADR | 42,933 | 61,021 |
| UNILEVER PLC W/I SPONSORED ADR | 36,222 | 42,735 |
| UNITEDHEALTH GROUP INC | 212,132 | 216,720 |
| UNITEDHEALTH GRP INC | 2,602,489 | 5,972,080 |
| UNIVEST FINANCIAL CORP | 32,927 | 24,223 |
| VALVOLINE INC | 31,331 | 34,317 |
| VERIZON COMMUNICATN | 972,178 | 1,997,500 |
| VIAVI SOLUTIONS INC -W/I | 24,529 | 39,893 |
| VISA INC CLASS A | 6,982,901 | 7,893,966 |
| VISA INC CLASS A SHARES | 662,963 | 1,570,700 |
| VISTA OUTDOOR INC-WI | 9,522 | 21,051 |
| VONTIER CORP-W/I | 136,417 | 161,188 |
| WABTEC CORP | 46,629 | 47,068 |
| WALMART INC | 1,933,494 | 2,738,850 |
| WALT DISNEY CO | 4,126,402 | 6,588,611 |
| WATSCO INC | 2,026,283 | 2,827,344 |
| WEC ENERGY GROUP INC | 78,848 | 110,344 |
| WELLS FARGO & COMPANY | 235,627 | 246,480 |
| WESTERN ALLIANCE BANCORP | 31,663 | 51,137 |
| WOODWARD INC | 44,532 | 46,788 |
| WR BERKLEY CORP | 79,098 | 115,038 |
| WUXI BIOLOGICS CAYMAN - ADR | 251,310 | 454,636 |
| XILINX INC | 70,646 | 173,809 |
| YANDEX INV A | 9,472 | 24,491 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HAMILTON LANE MARKET STREET OPPORTUNITIES FUND LP | AT COST | 1,716,925 | 1,846,222 |
| BLACKROCK EVENT DRIVEN EQ-IS | AT COST | 8,530,000 | 9,097,080 |
| EATON VANCE GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE FUND CLASS I | AT COST | 4,903,122 | 4,893,666 |
| GOLDMAN SACHS ABSOLUTE RETURN TRACKER FUND CL I FD # 3279 | AT COST | 2,000,000 | 2,055,328 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | AT COST | 8,055,927 | 9,421,394 |
| VANGUARD INTERMEDIATE TERM COR ETF | AT COST | 222,033 | 251,528 |
| SPDR S&P HOMEBUILDERS ETF | AT COST | 923,569 | 1,074,986 |
| GLOBAL X FINTECH THEMATIC ET ETF | AT COST | 1,605,424 | 2,568,443 |
| GLOBAL X GENOMICS & BIOTEC ETF | AT COST | 534,487 | 792,711 |
| GLOBAL X INTERNET OF THINGS ETF | AT COST | 1,755,202 | 2,616,349 |
| GLOBAL X LITHIUM & BATTERY TECH ETF | AT COST | 1,217,486 | 2,562,679 |
| GLOBAL X ROBOTICS & ARTIFI ETF | AT COST | 1,717,656 | 2,602,787 |
| GLOBAL X SOCIAL MEDIA INDEX ETF | AT COST | 1,241,383 | 2,215,987 |
| INVESCO WATER RESOURCES ETF | AT COST | 1,477,015 | 1,980,814 |
| ISHARES CORE MSCI EAFE ETF ETF | AT COST | 30,476,490 | 34,243,077 |
| MATERIALS SELECT SECTOR SPDR FUND ETF | AT COST | 1,833,975 | 2,157,222 |
| TECHNOLOGY SELECT SECTOR SPDR FUND ETF | AT COST | 3,269,358 | 5,705,928 |
| VANGUARD LARGE CAP ETF | AT COST | 22,074,090 | 40,066,963 |
| WISDOMTREE U.S. QUALITY DIVI ETF | AT COST | 8,698,095 | 10,033,053 |
| ISHARES RUSSELL 1000 GROWTH ETF | AT COST | 17,242,530 | 41,306,076 |
| ISHARES RUSSELL 1000 VALUE ETF | AT COST | 17,967,600 | 23,450,562 |
| ISHARES RUSSELL MID-CAP GROWTH ETF | AT COST | 2,528,075 | 5,298,793 |
| HERCULES CAPITAL INC | AT COST | 42,401 | 43,563 |
| ISHARES GOLD TRUST ETF | AT COST | 2,502,315 | 2,513,489 |
| VANGUARD SMALL CAP GROWTH ETF | AT COST | 6,071,400 | 11,900,698 |
| VANGUARD TOTAL BOND MARKET ETF | AT COST | 42,155,926 | 45,583,646 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID TAXES | 25,547 | 25,547 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 7,438 | 0 | 7,438 | |
| INSURANCE | 34,329 | 5,276 | 29,919 | |
| OFFICE EXPENSE | 15,613 | 2,341 | 13,272 | |
| COMPUTER MAINTENANCE | 8,822 | 1,323 | 7,499 | |
| TELEPHONE | 4,169 | 625 | 3,544 | |
| GRANT MANAGEMENT SOFTWARE | 15,167 | 0 | 15,167 | |
| HISTORIC PRESERVATION | 3,347 | 0 | 3,347 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| HAMILTON LANE MARKET STREET OPP FUND | 40,355 | -44,733 | 40,355 |
| HAMILTON LANE MARKET STREET OPP FUND II | 0 | -833 | 0 |
| OTHER REVENUE | 4,266 | 4,266 | 4,266 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FISCAL AGENT FEE | 806,479 | 806,479 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 310,427 | 0 | 0 |