| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,164 | 6,164 |
| Person Name | Explanation |
|---|---|
| MERRILL BONDER | THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING. THE OFFICER'S SALARY RELATING TO DECEMBER 2020 OF $6,333 WAS PAID IN JANUARY 2021, SO THIS AMOUNT WAS ACCRUED AS A 2019 EXPENSE. HOWEVER, SINCE THIS AMOUNT WAS NOT PAID UNTIL JANUARY 2021, IT IS NOT REFLECTED IN THE 2020 W-2. THE RECONCILIATION FOR 2020 SALARY IS AS FOLLOWS: 2020 SALARY PAID IN 2020 (TIES TO W-2) $76,958 LESS: 2019 SALARY PAID IN 2020 ( 6,125) -------- SUB-TOTAL $70,833 2020 SALARY PAID IN 2021 6,333 -------- TOTAL 2020 SALARY (ACCRUAL BASIS) $77,166 ANNUAL DIRECTOR FEE 1,000 TOTAL $78,166 |
| 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 |
|---|---|---|
| PNC 6.75% DUE 12/31/49 | 102,475 | 102,475 |
| SCHWAB CHARLES 7% DUE 12/31/49 | 52,813 | 52,813 |
| SHENKMAN CAPITAL SRT DURATION | 59,839 | 59,839 |
| BLACKROCK STRATEGIC INCOME OPP | 114,329 | 114,329 |
| DOUBLELINE TOTAL RETURN BOND F | 94,842 | 94,842 |
| MORGAN STANLEY FIN LLC MTN ZER | 0 | 0 |
| FIDELITY CONSERVATIV I BOND | 232,484 | 232,484 |
| STONERIDGE REINSURAC RISK PREM | 24,975 | 24,975 |
| TEMPLETON GLOBAL BOND | 0 | 0 |
| MORGAN STANLEY FIN LLC MTN Z1 | 54,955 | 54,955 |
| ROYAL BK CDA MTN ZERO CPN | 31,650 | 31,650 |
| GS FINANCE CORP MTN ZERO CPN | 97,287 | 97,287 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 613 ISHARES TR RUSSELL 1000 | 83,815 | 83,815 |
| 570 SHS SPDR S&P MIDCAP 400 ET | 174,267 | 174,267 |
| 1383.670 SHS CONESTOGA SMALL | 100,306 | 100,306 |
| 4376.743 DODGE & COX INTERNAT | 81,689 | 81,689 |
| 2374 SHS JP MORGAN CHASE & CO | 0 | 0 |
| 15123.977 NUANCE MID CAP VALUE | 126,351 | 126,351 |
| 1822.704 SHS RMB MENDON FIN SE | 0 | 0 |
| 4142.033 T ROWE PRICE NEW ASIA | 104,048 | 104,048 |
| 148 SHS ACE LIMITED ORD CHF29. | 22,780 | 22,780 |
| 439 SHS ABBOTT LABORATORIES | 48,066 | 48,066 |
| 179 SHS APPLE INC | 78,951 | 78,951 |
| 548 SHS BANK OF AMERICA | 16,610 | 16,610 |
| 75 SHS BOEING CO | 0 | 0 |
| 398 SHS BP PLC SPONSORED ADR | 0 | 0 |
| 257 SHS BRISTOL MYERS SQUIBB | 15,942 | 15,942 |
| 254 SHS CARDINAL HEALTH INC | 0 | 0 |
| 660 SHS CISCO SYS INC | 37,501 | 37,501 |
| 762 SHS COMCAST CORP NEW | 39,929 | 39,929 |
| 280 SHS CVS HEALTH CORP | 0 | 0 |
| 137 SHS DIAGEO ADR EACH REPR 4 | 21,757 | 21,757 |
| 184 SHS HOME DEPOT INC | 48,874 | 48,874 |
| 142 SHS HONEYWELL INTL INC | 44,454 | 44,454 |
| 409 SHS INTEL CORP | 0 | 0 |
| 1416 SHS ISHARES INC CORE MSCI | 75,192 | 75,192 |
| 618 SHS ISHARES S&P SMALL CAP | 96,108 | 96,108 |
| 327 SHS JPMORGAN CHASE & CO | 41,552 | 41,552 |
| 174 SHS JOHNSON & JOHNSON | 27,384 | 27,384 |
| 1651 SHS KINDER MORGAN INC COM | 22,569 | 22,569 |
| 255 SHS MARATHON PETROLEUM COR | 0 | 0 |
| 208 SHS NEXTERA ENERGY INC | 49,993 | 49,993 |
| 411 SHS QUALCOMM INC | 62,612 | 62,612 |
| 157 SHS AMGEN INC | 36,097 | 36,097 |
| 1152 SHS ISHARES CORE S&P SMAL | 105,869 | 105,869 |
| 1303 SHS ISHARES MSCI EAFE SML | 77,509 | 77,509 |
| 264 SHS ISHARES S&P 500 GROWTH | 67,394 | 67,394 |
| 1984 SHS ISHARES MIDCAP 400 GR | 143,284 | 143,284 |
| 327 SHS METLIFE INC | 15,353 | 15,353 |
| 48 SHS MICROSOFT CORP CROSS T | 10,676 | 10,676 |
| 253 SHS MICROSOFT CORP EXEC ON | 56,272 | 56,272 |
| 339 SHS MONDELEZ INTL INC COM | 30,580 | 30,580 |
| 218 SHS OCCIDENTAL PETROLEUM C | 0 | 0 |
| 147 SHS PEPSICO INC | 21,800 | 21,800 |
| 157 SHS RAYTHEON CO COM | 0 | 0 |
| 1400 SHS SPDR S&P 500 ETF TR | 523,432 | 523,432 |
| 2383.429 T ROWE PRICE GROWTH | 239,799 | 239,799 |
| 143 SHS UNITED HEALTHCARE GROU | 50,147 | 50,147 |
| 10812.206 SHS VIRTUS EMERGING | 118,217 | 118,217 |
| 406 SHS WELLS FARGO & CO NEW | 0 | 0 |
| 378 SHS WEYERHAEUSER CO COM | 0 | 0 |
| 200 SHS XILINX INC EXEC | 0 | 0 |
| 387 SHS CITIGROUP INC COM NEW | 0 | 0 |
| 977 SHS ATT&T INC COM | 28,099 | 28,099 |
| 230 SHS EATON CORP PLC COM | 35,322 | 35,322 |
| 8021 INVESCO EXCH TRD 25 | 113,625 | 113,625 |
| 9011 INVESCO EXCH TRD 20 | 0 | 0 |
| 9149 INVESCO EXCH TRD 21 | 194,050 | 194,050 |
| 8645 INVESCO EXCH TRD 23 | 189,326 | 189,326 |
| 9176 INVESCO EXCH TRD 22 | 199,578 | 199,578 |
| 7006 INVESCO EXCH TRD 24 | 156,864 | 156,864 |
| 1114 INVESCO QQQ TR UNIT SER 1 | 306,838 | 306,838 |
| 2365 INVESCO EXHANGE TRADED TR | 97,343 | 97,343 |
| 486 SHS NEWELL BRANDS INC COM | 0 | 0 |
| 244 SHS ORACLE CORP COM AV PRI | 15,784 | 15,784 |
| 36 SHS BROADCOM INC COM EXEC | 29,336 | 29,336 |
| 88 SHS CONSTELLATION BRANDS | 0 | 0 |
| 208 SHS DUPONT DE NEMOURS INC | 0 | 0 |
| 119 SHS UNITED TECHNOLOGIES | 0 | 0 |
| 163 SHS ABBVIE INC COM | 17,465 | 17,465 |
| 127 SHS ACCENTURE PLC CLS A US | 33,174 | 33,174 |
| 69 SHS AIR PROD AND CHEM INC | 18,852 | 18,852 |
| 144 SHS AMERICAN ELEC PWR CO | 11,991 | 11,991 |
| 117 SHS AMERICAN TOWER CORP | 26,262 | 26,262 |
| 3,045 SHS GOLUB CAP BDC INC | 43,056 | 43,056 |
| 9,900 SHS LORD ALBBET SHT DUR | 41,678 | 41,678 |
| 70 SHS MCDONALDS CORP EXEC | 15,021 | 15,021 |
| 158 SHS MEDTRONIC | 18,508 | 18,508 |
| 485 SHS RAYTHEON CORP | 34,682 | 34,682 |
| 256 SHS STARBUCKS CORP COM | 27,387 | 27,387 |
| 173 SHS TARGET CORP COM | 30,540 | 30,540 |
| 76 SHS UNION PAC CORP COM | 15,825 | 15,825 |
| 461 SHS VERIZON COMMUNICATIONS | 27,084 | 27,084 |
| 4,102 SHS WCM FOCUSED INTL GRO | 101,519 | 101,519 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HURON VALLEY TENNIS CLUB | 79,621 | 79,621 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 3,890 | 3,890 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 1,162,317 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE AND SHIPPING | 1,003 | 1,003 | ||
| MISCELLANEOUS EXPENSES | 0 | 0 | ||
| FINANCIAL PLANNING FEES | 8,500 | 8,500 | ||
| LIABILITY INSURANCE | 2,480 | |||
| INVESTMENT MANAGEMENT FEES | 33,372 | 31,419 | ||
| HEALTH INSURANCE | 8,630 | 8,630 | ||
| BUSINESS MEALS | 0 | 0 | ||
| MISC ADMIN EXPENSES | 428 | 428 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PASS-THROUGH INCOME - HVTC | -6,300 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 1,606,954 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,903 | 5,903 | ||
| FOREIGN TAXES | 724 | 724 |