| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,750 | 4,750 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT&T INC | 125,000 | 135,850 |
| ALPHABET INC | 1,011,991 | 2,314,872 |
| AMAZON.COM | 367,062 | 1,667,170 |
| AVALON BAY COMMUNITIES | 284,320 | 1,305,890 |
| CAPITAL ONE FINANCIAL | 150,000 | 154,260 |
| ILLUMINA INC | 760,765 | 1,141,320 |
| JPMORGAN CHASE & CO | 375,000 | 403,200 |
| LOWES COMPANIES | 59,438 | 1,033,920 |
| PFIZER | 97,125 | 177,150 |
| AVALONBAY CMMUN INC | 2,572,104 | 3,283,670 |
| AMERICAN INTL GROUP INC | 25,000 | 27,090 |
| ADVERUM BIOTECHNOLOGIES INC | 159,180 | 17,600 |
| ADVERUM BIOTECHNOLOGIES INC | 722,133 | 105,600 |
| AMAZON .COM | 1,965,080 | 3,334,340 |
| ROYAL BANK OF CANADA | 1,000,000 | 1,059,400 |
| GOLDMAN SACHS CAPITAL II | 940,005 | 980,000 |
| CITIGROUP INC. | 1,059,586 | 1,042,763 |
| FIFTH THIRD BANCORP | 1,013,032 | 1,031,113 |
| SCHWAB CHARLES CORP | 863,161 | 833,250 |
| WELLS FARGO & COMPANY SER MTN GLB 03.000%FEB 2025 | 442,531 | 417,768 |
| BRISTOL-MYERS SQUIBB CO GLB 03.875% AUG 15 2025 | 581,707 | 541,255 |
| HOME DEPOT INC GLB 03.750% FEB 15 2024 | 559,412 | 527,100 |
| VERIZON COMMUNICATIONS GLB 03.500% NOV 01 2024 | 559,837 | 532,135 |
| GOLDMAN SACHS GROUP INC SER MTN 03.850% JUL 08 2024 | 555,319 | 528,550 |
| JPMORGAN CHASE & CO | 1,043,260 | 1,038,935 |
| AT&T INC GLB 03.800% FEB 15 2027 | 281,698 | 271,653 |
| ANTHEM INC GLB 04.101% MAR 01 2028 | 286,980 | 277,393 |
| HUMANA INC GLB 03.950% MAR 15 2027 | 284,450 | 273,378 |
| PNC BANK NASER BKNT 03.250% JAN 22 2028 | 276,832 | 268,810 |
| BANK OF NY MELLON CORP SUB NOTES 03.000% OCT 30 2028 | 272,649 | 266,360 |
| TESLA INC | 1,997,217 | 2,958,984 |
| ILLUMINA INC | 962,783 | 875,012 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKROCK CORPORATE HIGH YIELD FUND | AT COST | 128,546 | 69,129 |
| BLACKROCK EURO FUND CLASS A | AT COST | 193,073 | 279,980 |
| MERRILL LYNCH CMA FUND | AT COST | 1,553,495 | 1,553,495 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER INVESTMENT EXPENSES | 390 | 390 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISC INCOME | 2,194 | 2,194 | 2,194 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 226,900 | 0 | 0 |