| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 9,900 | 2,970 | 6,930 | |
| AUDIT FEE | 23,625 | 2,363 | 21,262 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 781 AIR PRODS & CHEMS INC | 214,355 | 237,627 |
| 3948 BARRICK GOLD CORP COM | 74,387 | 75,012 |
| 488 LINDE PLC SH | 305,811 | 443,777 |
| 238 SHERWIN WILLIAMS CO COM | 87,142 | 251,442 |
| 254 AMAZON COM INC | 263,774 | 846,922 |
| 333 CHIPOTLE MEXICAN GRILL INC | 156,689 | 582,167 |
| 9096 COMCAST CORP CL A | 1,700 | 457,802 |
| 1287 COSTCO WHOLESALE CORP NEW COM | 53,324 | 160,091 |
| 700 DARDEN RESTURANTS INC | 28,314 | 72,910 |
| 1769 DOLLAR GEN CORP NEW COM | 341,261 | 417,183 |
| 1722 HILTON WORLDWIDE HLDGS INC COM | 198,841 | 268,615 |
| 2068 NIKE INC CL B | 117,986 | 344,674 |
| 1668 YUM BRANDS INC | 141,057 | 231,618 |
| 3696 CHEVRON CORP NEW COM | 338,582 | 404,740 |
| 4454 CONOCOPHILLIPS COM | 178,066 | 321,490 |
| 1678 EOG RES INC COM | 168,265 | 272,708 |
| 1430 TC ENERGY CORPORATION REGISTERED SHS | 66,468 | 66,609 |
| 2053 AON PLC REGISTERED SHS CL A | 196,183 | 617,050 |
| 3151 CHUBB LTD COM | 319,917 | 609,120 |
| 1369 CME GROUP INC | 78,583 | 312,762 |
| 1500 DISCOVER FINL SVCS COM | 143,958 | 173,340 |
| 691 FIRST REP BK SAN FRANCISCO CALIF NEW COM | 69,301 | 142,698 |
| 1016 GALLAGHER ARTHUR J & CO | 92,228 | 172,385 |
| 2010 INTERCONTINENTAL EXCHANGE INC | 120,368 | 274,908 |
| 3892 JP MORGAN CHASE & CO COM | 192,551 | 616,298 |
| 5853 MARSH & MCLENNAN COS INC | 186,324 | 1,017,368 |
| 552 NASDAQ INC COM | 47,663 | 115,926 |
| 600 SIGNATURE BK NEW YORK N Y COM | 178,178 | 194,082 |
| 3128 STATE STR CORP | 204,739 | 290,904 |
| 600 TRADEWEB MKTS INC CL A | 57,273 | 60,084 |
| 3219 TRUIST FINL CORP | 139,306 | 188,472 |
| 875 WESTERN ALLIANCE BANCORPORATION COM | 97,331 | 94,194 |
| 2716 ABOTT LABS COM | 234,263 | 382,250 |
| 1571 ALLOGENE THERAPEUTICS INC | 53,612 | 23,439 |
| 728 ANTHEM INC COM STK | 196,340 | 337,457 |
| 4352 ASTRAZENCA PLC SPONSORED ADR | 142,663 | 253,504 |
| 612 BIOHAVEN PHARMACEUTICAL HLDINGS CO LTD | 28,132 | 84,340 |
| 1227 CENTENE CORP DEL COM | 78,330 | 101,105 |
| 1252 DANAHER CORP | 34,267 | 411,921 |
| 2502 EDWARDS LIFESCIENCES CORP | 141,396 | 324,134 |
| 2767 GILEAD SCIENCES INC | 100,012 | 200,912 |
| 787 HUMANA INC | 226,527 | 365,058 |
| 2053 LILLY ELI & CO | 177,242 | 567,080 |
| 1684 MERCK & CO INC | 114,774 | 129,062 |
| 1007 NEUROCRINE BIOSCINECES INC | 80,741 | 85,766 |
| 1688 NOVO NORDISK A.S. ADR FORMERLY NOVO INDUSTRIES A.S. | 82,611 | 189,056 |
| 2058 OAK STR HEALTH INC COM | 96,434 | 68,202 |
| 1705 ROCHE HLDGS LTD SPONSORED ADR | 73,903 | 88,131 |
| 2929 SEAGEN INC COM | 173,040 | 452,823 |
| 525 ULTRAGENYX PHARAMCEUTICAL INC | 32,471 | 44,147 |
| 1880 UNITEDHEALTH GROUP INC | 253,863 | 944,023 |
| 4,527 AIRBUS GROUP ADR NCE & SPACE CO | 74,720 | 144,457 |
| 1431 AMETEK INC | 115,958 | 210,414 |
| 4228 CARRIER GLOBAL CORP | 165,622 | 229,327 |
| 8797 CSX CORP COM | 149,970 | 330,767 |
| 316 DEERE & CO | 40,076 | 108,353 |
| 393 EQUIFAX INC | 41,025 | 115,066 |
| 296 HEICO CORP NEW CL A | 29,174 | 38,042 |
| 849 HEICO CORP NEW COM | 70,879 | 122,443 |
| 1305 ITT INC COM | 119,443 | 133,358 |
| 729 MOODYS CORP COM | 75,768 | 284,733 |
| 415 MSCI INC COM | 93,676 | 254,266 |
| 819 NORFOLK SOUTHN CORP COM | 132,335 | 243,824 |
| 1201 NORTHROP GRUMMAN CORP COM | 273,789 | 464,871 |
| 1076 RAYTHEON TECHNOLOGIES CORP | 60,855 | 92,601 |
| 311 TRANSDIGM GROUP INC COM | 56,498 | 197,883 |
| 3050 TRINITY INDS INC COM | 77,063 | 92,110 |
| 4512 WASTE CONNECTIONS INC COM | 197,024 | 615,889 |
| 1048 WASTE MGMT INC | 56,148 | 174,911 |
| 3465 ANHEUSER BUSCH INBEV SA NV | 192,506 | 209,806 |
| 3575 BRITISH AMERN TOB PLC SPONSORED ADR | 136,795 | 133,741 |
| 6952 CARLSBERG AS SPONSORED ADR | 150,194 | 241,373 |
| 780 CHURCH & DWIGHT CO INC | 50,350 | 79,950 |
| 660 EESTEE LAUDER COMPANIES INC CL A | 89,172 | 244,332 |
| 1857 GENERAL MILLS INC | 111,129 | 125,125 |
| 504 HONEYWELL INTIL INC | 83,826 | 105,089 |
| 1775 HORMEL FOODS CORP | 55,016 | 86,638 |
| 2793 MONDELEX INTL INC CL A | 114,532 | 185,204 |
| 1575 NESTLE SA SPONSORED ADR REPSTG REG SHS | 97,536 | 221,083 |
| 694 PEPISCO INC | 78,659 | 120,555 |
| 4174 PHILIP MORRIS INTL INC | 262,479 | 396,530 |
| 793 PROCTER & GAMBLE CO | 62,112 | 129,719 |
| 683 ADOBE SYS INC | 217,057 | 387,302 |
| 235 ALPHABET INC CAP STK CL C | 40,388 | 679,994 |
| 731 ANALOG DEVICES INC COM | 123,047 | 128,488 |
| 4521 APPLE INC COM | 21,491 | 802,794 |
| 833 ASML HDLG N V N Y REGISTRY SHS NEW | 85,481 | 663,185 |
| 975 BROADCOM INC | 45,056 | 648,775 |
| 165 CABLE ONE INC COM | 216,195 | 290,969 |
| 721 CHARTER COMMUNICATIONS INC NEW CL A | 141,506 | 470,070 |
| 513 ELASTIC N V SHS | 33,619 | 63,145 |
| 1219 ELECTRONIC ARTS INC | 139,091 | 160,786 |
| 1486 FACEBOOK INC CL A | 272,202 | 499,816 |
| 2935 FIDELITY NATL INFORMATION SVCS INC | 386,941 | 320,355 |
| 2468 GODADDY INC CL A | 119,636 | 209,434 |
| 1078 HENRY JACK & ASSOC INC | 35,732 | 180,015 |
| 665 KLA CORP | 209,869 | 378,497 |
| 313 LAM RESEARCH CORP | 162,865 | 225,094 |
| 100 MICRON TECHNOLOGY INC | 8,085 | 9,315 |
| 5926 MICROSOFT CORP | 257,894 | 1,993,032 |
| 757 NETFLIX INC | 328,100 | 456,047 |
| 852 SAP AE SPONSORED | 110,354 | 119,374 |
| 789 TAIWAN SEMICONDUCTOR MFG | 110,494 | 94,925 |
| 845 TEXAS INSTRUMENTS INC | 144,205 | 159,257 |
| 5426 VISA INC COM CL A | 272,142 | 1,175,868 |
| 4343 AES CORP | 57,695 | 105,535 |
| 4636 CENTERPOINT ENERGY INC COM | 101,798 | 129,391 |
| 861 ENTERGY CORP NEW COM | 97,979 | 96,992 |
| 3937 EXELON CORP | 163,869 | 227,401 |
| 1777 NEXTERA ENERGY INC | 98,473 | 165,901 |
| 1284 ORSTED A/S ADR | 71,482 | 54,865 |
| 1314 SEMPRA ENERGY COM | 124,337 | 173,816 |
| 812 AMERICAN TOWER CORP NEW | 21,714 | 237,510 |
| 2423 CROWN CASTLE INTL CORP | 205,756 | 505,777 |
| 711 EQUINIX INC COM | 291,579 | 601,392 |
| 503 AIR PRODS & CHEMS INC COM | 145,596 | 153,043 |
| 37,522 ASAHI KASEI CORP | 289,293 | 352,275 |
| 35 GIVAUDAN AG DUEBENDORF | 61,913 | 184,105 |
| 814 L'AIR LIQUIDE CO LTD | 74,090 | 141,913 |
| 659 L'AIR LIQUIDE CO LTD | 113,759 | 114,890 |
| 2672 SHIN ETSU CHEMICAL CO | 229,929 | 462,270 |
| 15,777 VALE S A | 278,577 | 221,194 |
| 978 ADIDAS AG ORD SHS | 347,293 | 281,580 |
| 117 AMAZON COM INC | 88,540 | 390,118 |
| 39,134 B&M EUROPEAN VALUE RETAIL SA | 256,278 | 335,990 |
| 4,627 CIE FINANCIERE RICHEMONT AG ZUG | 310,581 | 695,573 |
| 7,110 COMCAST CORP CL A | 310,844 | 357,846 |
| 4,725 COMCAST CORP CL A | 0 | 237,809 |
| 1,369 COSTCO WHOLESALE CORP | 149,334 | 403,067 |
| 752 DOLLAR GEN CORP NEW COM | 164,019 | 177,344 |
| 3,774 ESSILORLUXOTTICA SA | 297,408 | 803,525 |
| 948 FLUTTER ENTERTAINMENT PLC | 185,100 | 150,973 |
| 207 HERMES INTL S A | 102,030 | 361,543 |
| 2,274 HILTON WORLDWIDE HLDGS INC COM | 138,902 | 354,721 |
| 2,955 HYUNDAI MTR CO SPONSORED GDR REPSTG PFD | 115,159 | 144,135 |
| 14,994 INDUSTRIA DE DISENO TEXTIL INDITES SA | 502,113 | 486,427 |
| 355 KERING SA SHS | 193,593 | 285,355 |
| 229 KERING SA SHS | 222,236 | 250,791 |
| 1168 LEAR CORP COM | 205,641 | 213,686 |
| 596 LOWES COS INC | 120,013 | 154,054 |
| 215 LVMH | 35,602 | 177,734 |
| 721 NIKE INC | 42,095 | 120,169 |
| 600 NITORI HOLDINGS CO LTD | 79,434 | 89,759 |
| 5,100 ROYAL CARIBBEAN GROUP | 156,089 | 392,190 |
| 1,836 V F CORP COM | 152,490 | 152,883 |
| 2,719 YUM BRANDS INC COM | 99,166 | 171,909 |
| 2,373 CHEVRON CORP NEW COM | 151,623 | 278,472 |
| 2498 CHEVRON CORP NEW COM | 208,648 | 293,140 |
| 2421 CONOCOPHILLIPS COM | 119,442 | 174,748 |
| 2344 EOG RES INC COM | 160,115 | 208,218 |
| 3,130 TC ENERGY CORPORATION REGISTERED SHS | 146,264 | 145,794 |
| 5,176 TOTAL SA EUR SHS | 211,954 | 278,966 |
| 83,315 AIA GROUP LTD HONG KONG SHS | 233,584 | 844,981 |
| 2,013 AON PLC REGISTERED SHS CL A | 114,646 | 605,027 |
| 275 AON PLC REGISTERED SHS CL A | 52,435 | 82,654 |
| 22383 BANCO BILBAO VIZCAYA ARGENTARIA SA | 118,896 | 133,621 |
| 1809 BNP PARIBAS ORD SHS | 112,611 | 125,005 |
| 1,008 CHUBB LTD COM | 69,955 | 194,856 |
| 10938 CITIZENS FINL GROUP INC COM | 285,342 | 516,821 |
| 2,162 CME GROUP INC COM | 117,798 | 493,931 |
| 10403 DBS GROUP HLDGS LTD DBSH | 206,270 | 252,086 |
| 3,679 DISCOVER FINL SVCS | 317,641 | 425,145 |
| 15,868 DNB ASA SHS | 269,218 | 363,584 |
| 450 FIRST REP BK SAN FRANCISCO CALIF NEW COM | 45,682 | 92,930 |
| 1,982 HDFC BK LTD ADR | 34,559 | 130,726 |
| 4,642 INTERCONTINENTAL EXCHANGE INC COM | 294,482 | 634,886 |
| 114,068 INTESA SANPAOLO SPA SHS | 309,763 | 294,953 |
| 5,321 JP MORGAN CHASE & CO COM | 186,381 | 728,727 |
| 1,881 LONDON STOCK EXCH GROUP PLC | 104,325 | 176,524 |
| 610 LONDON STOCK EXCH GROUP PLC | 61,446 | 57,246 |
| 2,458 MARSH & MCLENNAN COS INC COM | 66,140 | 427,250 |
| 200 SIGNATURE BK NEW YORK N Y COM | 59,038 | 64,694 |
| 445 STATE STR CORP COM | 43,224 | 41,385 |
| 2,055 STATE STR CORP COM | 119,182 | 191,115 |
| 2,800 TRUIST FINL CORP COM | 120,824 | 163,940 |
| 17,675 UBS GROUP AG SHS | 195,824 | 315,852 |
| 854 WESTERN ALLIANCE BANCORPORATION COM | 81,694 | 91,933 |
| 4,602 ABBOTT LABS COM | 294,421 | 647,685 |
| 500 ANTHEM INC COM | 134,944 | 231,770 |
| 7,647 ASTRAZENECA PLC SHS | 551,686 | 885,906 |
| 834 BEIGENE LTD SPONSORED ADR | 110,917 | 225,956 |
| 1,938 DANAHER CORP COM | 41,273 | 496,147 |
| 1234 EDWARDS LIFESCIENCES CORP COM | 111,466 | 159,865 |
| 698 GENMAB A/S SHS | 98,310 | 280,710 |
| 4,455 GILEAD SCIENCES INC | 133,251 | 323,478 |
| 8,773 GRIFOLS SA SHS | 268,138 | 168,341 |
| 1,239 JOHNSON & JOHNSON COM | 183,866 | 211,956 |
| 1,923 KONINKLIJKE PHILIPS N V | 89,248 | 70,863 |
| 1,262 LILLY ELI & CO COM | 100,776 | 348,590 |
| 1508 MERCK & CO INC NEW COM | 110,575 | 115,573 |
| 10,140 NOVO NORDISK AS VORMALS NOVO INDUSTRI AS ALMINDELIG | 112,398 | 1,139,653 |
| 7,349.113 ROYAL PHILIPS NV SHS | 284,257 | 273,807 |
| 626.887 ROYAL PHILIPS NV SHS | 25,578 | 23,356 |
| 175 SARTORIUS AG VORZ AKT OHNE STIMMRECHT | 26,564 | 118,440 |
| 90 SARTORIUS AG VORZ AKT OHNE STIMMRECHT | 41,273 | 60,912 |
| 2103 SEAGEN INC COM | 110,258 | 325,124 |
| 1,800 SHIONOGI & CO LTD SHS | 103,389 | 127,018 |
| 35 STRAUMANN HOLDING AG WALDENBURG NAMEN AKT | 29,611 | 74,418 |
| 1,977 UNITEDHEALTH GROUP INC COM | 338,795 | 992,731 |
| 570 VERTEX PHARMACEUTICALS INC COM | 120,238 | 125,172 |
| 1,135 ZIMMER BIOMET HLDGS INC COM | 158,820 | 144,190 |
| 18,163 ABB LTD ZUERICH NAMEN AKT SHS | 439,905 | 695,816 |
| 6,472 AIRBUS SE BEARER SHS | 251,369 | 553,093 |
| 3,555 AMETEK INC NEW COM | 255,275 | 462,000 |
| 3808 CARRIER GLOBAL CORP COM | 163,804 | 206,546 |
| 4,528 CSX CORP COM | 111,062 | 254,815 |
| 1,655 DKSH HOLDING AG ZUERICH NAMEN AKT | 130,908 | 136,796 |
| 921 DSV PANALPINA A/S BEARER AND/OR REGISTERED SHS | 75,054 | 215,124 |
| 3764 DUN & BRADSTREET HLDGS | 71,445 | 77,124 |
| 1,466 EURONET WORLDWIDE INC | 81,028 | 72,217 |
| 5188 EVERTEC INC COM | 233,615 | 259,296 |
| 386 HEICO CORP NEW CL A | 32,622 | 49,609 |
| 1,085 HEICO CORP NEW COM | 136,326 | 156,479 |
| 2,268 ITT INC COM | 220,377 | 231,767 |
| 1,314 KEYENCE CORPED SHS | 40,338 | 652,862 |
| 784 MKS INSTRS INC COM | 118,137 | 136,549 |
| 1,408 MOODYS CORP COM | 136,069 | 549,937 |
| 576 MSCI INC COM | 110,005 | 265,295 |
| 713 NORFOLK SOUTHN CORP COM | 161,537 | 212,267 |
| 1,403 NORTHROP GRUMMAN CORP COM | 310,384 | 430,422 |
| 3,055 RELX PLC SHS ISIN | 71,726 | 99,373 |
| 2,680 RYANAIR HLDGS PLC SPONSORED ADR NEW | 213,332 | 274,244 |
| 245 RYANAIR HLDGS PLC SPONSORED ADR NEW | 21,435 | 25,071 |
| 373 S&P GLOBAL INC | 141,016 | 176,030 |
| 6,249 SAFRAN SA PARIS SHS | 392,601 | 765,004 |
| 790 SMC CORP SHS | 62,039 | 429,255 |
| 967 TFI INTERNATIONAL INC REGISTERED SHS | 109,438 | 108,621 |
| 401 TRANSDIGM GROUP INC COM | 72,653 | 255,148 |
| 6,015 ANHEUSER BUSCH INBEV SA NV SHS | 291,253 | 363,665 |
| 3,975 BRITISH AMERICAN TOBACCO PLC ORD | 150,974 | 147,143 |
| 7,290 BRITISH AMERICAN TOBACCO PLC ORD | 277,365 | 269,854 |
| 4,357 CARLSBERGRNATIONAL | 323,204 | 659,604 |
| 6,071 DIAGEO PLC ORD SHS | 86,069 | 172,602 |
| 764 GENERAL MILLS INC | 46,865 | 51,478 |
| 5,525 GROUP DANONE SHS | 312,488 | 342,960 |
| 1,690 HONEYWELL INTL INC COM | 274,874 | 352,382 |
| 1600 JARDINE MATHESON HOLDINGS LTD | 103,546 | 86,000 |
| 1,114 LOREAL SHS | 116,927 | 528,163 |
| 4,677 NESTLE SA CHAM ET VEVEY SHS COM | 152,786 | 654,266 |
| 4,395 PHILIP MORRIS INTL INC COM | 307,966 | 423,130 |
| 3,040 RECKITT BENCKISER GROUP PLC SLOUGH SHS | 234,430 | 261,085 |
| 858 RECKITT BENCKISER GROUP PLC SLOUGH SHS | 66,267 | 73,688 |
| 2,000 SHISEIDO CO LTD | 143,143 | 111,411 |
| 2,720 UNILEVER PLC SHS | 153,771 | 145,329 |
| 5,263 ACTIVISION BLIZZARD INC COM | 182,213 | 350,147 |
| 150 ADOBE SYS INC COM | 36,193 | 85,059 |
| 52 ALPHABET INC CAP STK CL C | 6,626 | 150,467 |
| 30 ALPHABET INC CAP STK CL C | 52,837 | 86,808 |
| 164 ALPHABET INC CL A | 20,901 | 475,115 |
| 6,500 AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS | 102,710 | 137,215 |
| 17,905 AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS | 219,354 | 377,975 |
| 486 ANALOG DEVICES INC COM | 81,807 | 85,424 |
| 4,604 APPLE INC COM | 15,657 | 817,532 |
| 2,540 APPLE INC COM | 157,980 | 352,476 |
| 1,973 ASML HOLDING N V SHS | 55,589 | 1,585,480 |
| 2,403 BROADCOM INC COM | 157,221 | 1,600,311 |
| 397 CHARTER COMMUNICATIONS INC NEW CL A | 74,912 | 258,832 |
| 1,210 ELECTRONIC ARTS INC COM | 107,912 | 159,599 |
| 3178 FIDELITY NATL INFORMATION SVCS INC COM | 464,695 | 346,879 |
| 1400 FUJITSU LTD ORD SHS | 250,956 | 239,897 |
| 6,036 GODADDY INC CL A | 278,036 | 512,215 |
| 5,882 HAMAMATSU PHOTONICS KK SHS | 102,720 | 374,965 |
| 758 HENRY JACK & ASSOC INC COM | 24,938 | 126,578 |
| 3,319 INTEL CORP COM | 124,681 | 170,929 |
| 1,655 KLA CORP COM | 245,128 | 711,832 |
| 33,760 KONINKLIJKE KPN NV | 100,967 | 104,801 |
| 60,000 KONINKLIJKE KPN NV | 160,607 | 186,257 |
| 2802 KULICKE & SOFFA INDS INC | 147,519 | 169,633 |
| 504 LIGHTSPEED COMM | 46,576 | 20,383 |
| 132 MERCADOLIBRE INC COM | 153,094 | 177,989 |
| 1,216 META PLATFORMS INC CL A | 234,542 | 409,002 |
| 153 MICRON TECHNOLOGY INC | 12,370 | 14,252 |
| 3,555 MICROSOFT CORP COM | 131,786 | 1,195,618 |
| 361 NETFLIX INC | 198,266 | 217,481 |
| 181 NICE SYSTEMS LTD | 52,276 | 54,952 |
| 19,537 NOKIA SYSTEMS | 113,753 | 123,829 |
| 694 OBIC CO LTD TOKYO SHS | 72,553 | 130,192 |
| 294 SAMSUNG ELECTRS LTD NON-VTG PFD GDR | 345,841 | 442,764 |
| 3,342 SAP AG SYSTEME ANWENDUNGEN PRODUKTE IN DER | 291,651 | 474,644 |
| 403 SERVICENOW INC COM | 48,361 | 132,418 |
| 1,104 STMICROELECTRONICS NV SHS | 46,270 | 54,934 |
| 15,000 TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR | 236,905 | 1,374,181 |
| 3,225 TENCENT HLDGS LTD SHS PAR HKD | 139,969 | 188,963 |
| 3,085 TENCENT HLDGS LTD SHS PAR HKD | 140,725 | 180,760 |
| 574 TAXAS INSTRUMENTS | 106,136 | 108,182 |
| 3141 TRIMBLE INC COM | 99,566 | 273,864 |
| 914 VERISIGN INC | 193,231 | 231,991 |
| 4,085 VISA INC COM CL A | 66,148 | 885,260 |
| 1,038 WOLFSPEED INC | 105,642 | 116,017 |
| 6,776 AES CORP COM | 72,932 | 164,657 |
| 4,000 AES CORP COM | 81,252 | 97,200 |
| 15,910 ENEL SOCIETA PER AZIONI AZ | 85,498 | 127,471 |
| 47,641 ENEL SOCIETA PER AZIONI AZ | 358,300 | 381,700 |
| 24,064 ENGIE ACT COM | 365,255 | 356,104 |
| 2,421 EXELON CORP COM | 110,526 | 139,837 |
| 17,631 IBERDROLA SA BILBAO SHS | 48,843 | 75,545 |
| 443 ORSTED A S SHS | 67,871 | 56,577 |
| 818 SEMPRA ENERGY COM | 73,634 | 108,205 |
| 9254 COMPAGNIE FINANCIERE RICHEMONT | 0 | 10,158 |
| 1,954 CROWN CASTLE INTL CORP NEW COM | 93,670 | 238,590 |
| 307 EQUINIX INC COM | 142,100 | 259,673 |
| 17,000 LINK REAL ESTATE INVESTMENT TRUST UNITS | 124,577 | 149,696 |
| 10,077 LINK REAL ESTATE INVESTMENT TRUST UNITS | 81,413 | 88,735 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 100,299 | 0 | 100,299 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | 1,553 | ||
| EMPLOYEE LOAN RECEIVABLE | 61,847 | 51,416 | 51,416 |
| SECURITY DEPOSIT | 21,667 | 21,667 | 21,667 |
| NOTE RECEIVABLE | 1,357,823 | 1,264,692 | 1,264,692 |
| PREPAID GRANT | 400,000 | ||
| PREPAID EXPENSE | 31,920 | 11,451 | 11,451 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IT EXPENSE | 4,500 | 0 | 4,500 | |
| STORAGE | 2,520 | 0 | 2,520 | |
| DUES & SUBSCRIPTIONS | 10,678 | 0 | 10,678 | |
| MEALS | 1,498 | 0 | 1,498 | |
| INSURANCE | 12,722 | 0 | 12,722 | |
| SEMINAR EXPENSE | 27,906 | 0 | 27,906 | |
| PUBLIC RELATION | 8,700 | 0 | 62,380 | |
| PRIZE EXPENSE | 21,000 | 0 | 21,000 | |
| UTILITIES | 14,947 | 0 | 14,947 | |
| OFFICE EXPENSE | 54,735 | 0 | 54,735 | |
| INVESTMENT ADVISORY FEE | 703,354 | 703,354 | 0 | |
| MISCELLANEOUS EXPENSE | 2,520 | 0 | 2,520 | |
| RETURNED GRANTS | -19,609 | 0 | -19,609 |
| Description | Amount |
|---|---|
| ACCRUED & CASH ADJUSTMENT | 94,049 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEE | 239,612 | 0 | 239,612 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAXES | 160,928 | 0 | 0 | |
| FOREIGN TAX | 117,654 | 117,654 | 0 | |
| PAYROLL TAX | 34,166 | 0 | 34,166 | |
| STATE FILING FEES | 2,000 | 0 | 2,000 |