| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,675 | 1,838 | 1,837 |
| Grantee's Name | Grantee's Address | Grant Date | Grant Amount | Grant Purpose | Amount Expended By Grantee | Any Diversion By Grantee? | Dates of Reports By Grantee | Date of Verification | Results of Verification |
|---|---|---|---|---|---|---|---|---|---|
|
S M SEHGAL FOUNDATION - SEE STATEMENT 16 FOR ADDITIONAL DETAILS |
PLOT 34 SECTOR 44 GURGAON 122022 IN |
2021-12-31 | 2,292,152 | SEE STATEMENT 16 FOR ADDITIONAL DETAILS | NONE | SEHGAL FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE, THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE. |
| Identifier | Return Reference | Explanation |
|---|---|---|
| EXPENDITURE RESPONSIBILITY STATEMENT | FORM 990PF PART VII-B LINE 5C | PURSUANT TO IRC REGULATION 53.4945-5(D)(2), THE SEHGAL FOUNDATION PROVIDES THE FOLLOWING INFORMATION: (I) GRANTEE: S M SEHGAL FOUNDATION PLOT NO 34, SECTOR 44 GURGAON, INDIA 122022 GRANT DATED 6/5/2017 - CHECK DAM PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 3,945,153 WAS APPROVED ON 6/5/17 AND THE FUNDS REMITTED ON 6/14/2017 (USD REMITTED $61,412). AS REPORTED ON THE 12/31/2020 EXPENDITURE RESPONSIBILITY STATEMENT, AS OF 3/31/2020 THE FULL AMOUNT OF THE GRANT HAD BEEN EXPENDED. (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF IMPROVING THE AVAILABILITY OF WATER THROUGH THE CONSTRUCTION OF THREE CHECK DAM SITES IN VILLAGES IN INDIA. (IV) AND (IV) REPORTS: THE REPORT FOR THIS PROJECT INDICATES THAT ALL THREE OF THE CHECK DAMS ARE IN GOOD CONDITION AND CONTINUE TO INCREASE GROUNDWATER LEVELS. GRANT DATED 10/5/2017 - WOMEN FARMERS PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 3,653,902 WAS APPROVED ON 10/5/17 AND THE INITIAL INSTALLMENT OF INR 2,370,343 WAS REMITTED ON 10/10/2017 (USD $36,495). THE SECOND INSTALLMENT OF INR 641,780 (USD $9,688) WAS REMITTED ON 6/4/2018. THE FINAL PAYMENT OF INR 641,779 WAS REMITTED 5/21/2019 (USD $9,277). (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF A THREE YEAR PROJECT ON AGRICULTURAL DEVELOPMENT IN TEN VILLAGES IN INDIA. THE PROJECT AIMS TO BENEFIT APPROXIMATELY 2000 WOMEN FARMERS. (IV) AND (IV) REPORTS: THE REPORTS RECEIVED FOR THIS PROJECT INDICATE THAT INR 2,309,855 HAD BEEN SPENT AS OF 3/31/2021 AND THE REMAINING PROJECT FUNDS WERE EXPENDED DURING FYE 3/31/2022. GRANT DATED 5/31/2018 - TARUNI DIGITAL LITERACY PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 19,500,400 WAS APPROVED ON 5/31/18 AND THE INITIAL INSTALLMENT OF INR 8,956,000 (USD $135,188) WAS REMITTED ON 6/4/2018, AN INSTALLMENT OF INR 5,094,000 (USD $73,635) WAS REMITTED ON 5/21/2019 AND A FINAL INSTALLMENT OF INR 5,094,000 (USD $68,288) WAS REMITTED ON 7/29/2020. (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF PROVIDING DIGITAL LITERACY AND LIFE SKILLS EDUCATION TO 3,600 ADOLESCENT GIRLS ACROSS THE STATES OF HARYANA, RAJASTHAN, TELANGANA, AND ANDHRA PRADESH IN INDIA. (IV) AND (IV) REPORTS: PRIOR REPORTS FOR THIS PROJECT INDICATE THAT INR 10,278,176 HAD BEEN SPENT AS OF 3/31/2021 AND AN ADDITIONAL INR 4,212,314 WAS SPENT DURING THE 3/31/2022 FYE. THE REMAINING FUNDS WILL BE SPENT ON THE GRANT PROJECT AND THE GRANTEE WILL CONTINUE TO REPORT ON THE PROJECT UNTIL THE FUNDS ARE EXPENDED. GRANT DATED 3/8/2018 - COLD STORAGE PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 40,670,000 WAS APPROVED ON 3/8/2018 AND THE FUNDS REMITTED ON 3/12/2018 (USD REMITTED $628,000). AN ADDENDUM TO THIS GRANT FOR ADDITIONAL FUNDING OF INR 58,930,000 WAS APPROVED 5/21/2019. THIS AMOUNT WAS REMITTED IN 2 INSTALLMENTS ON 5/21/2019 AND 7/29/2019 (USD $856,080). (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF BUILDING A COLD ROOM STORAGE FACILITY FOR STORAGE OF GERMPLASM. THIS IS USED AS PART OF THE GRANTEE'S CROP IMPROVEMENT PROGRAM WHICH COLLECTS AND ENHANCES PUBLICLY AVAILABLE MAIZE GERMPLASM FOR INCREASING THE PRODUCTIVITY OF FARMERS IN RURAL INDIA. A LONG-TERM COLD STORAGE FACILITY IS REQUIRED TO MAINTAIN THE LONGEVITY OF THE GERMPLASM. (IV) AND (IV) REPORTS: PRIOR REPORTS FOR THIS PROJECT GRANT INDICATES THAT INR 86,516,770 OF THE GRANT FUNDS HAD BEEN EXPENDED AS OF 3/31/2021 AND THE REMAINING FUNDS WERE EXPENDED DURING FYE 3/31/2022. THE GRANTEE HAS ADVISED GRANTOR THAT THE PLANNED EXPANSION OF THE CROP IMPROVEMENT PROJECT OUTLINED IN THE ORIGINAL GRANT PROPOSAL HAS BEEN DISCONTINUED AND THE GRANTEE WILL DIVEST OF THE PORTION OF THE FACILITY THAT WILL NO LONGER BE UTILIZED FOR THE PROGRAM. THERE WAS NO DIVERSION OF FUNDS BY THE GRANTEE AS ALL GRANT FUNDS WERE USED FOR THE PURPOSE OUTLINED IN THE ORIGINAL GRANT PROPOSAL. HOWEVER, UNDER THE TERMS OF THE GRANT AGREEMENT, THE PORTION OF THE TOTAL GRANT (INR 99,434,388) PLUS INTEREST EARNED (INR 5,478,867) THAT IS NO LONGER USED FOR THE CHARITABLE PURPOSE OUTLINED IN THE GRANT PROPOSAL IS SUBJECT TO REPAYMENT TO THE GRANTOR. GRANTOR AND GRANTEE HAVE AGREED TO APPLY THE AMOUNT, INR 71,670,597 TO THE PROGRAM GRANT THAT WAS APPROVED FOR THE GRANTEE'S 3/31/2023 FYE. GRANT DATED 5/17/2019 - MAY 2019 TRANSFORM LIVES PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 37,450,000 WAS APPROVED ON 5/17/2019 AND THE INITIAL INSTALLMENT OF INR 18,725,000 WAS REMITTED ON 5/21/2019 (USD $270,675). THE FINAL INSTALLMENT OF INR 18,725,000 WAS REMITTED ON 7/29/2019 (USD $273,364). (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF RENOVATING TWELVE GOVERNMENT SCHOOLS IN THE STATES OF RAJASTHAN, TELANGANA, ANDHRA PRADESH & HARYANA IN INDIA. THIS INCLUDES INSTALLING RAINWATER HARVESTING SYSTEMS TO PROVIDE POTABLE DRINKING WATER AND PROVIDING DIGITAL LITERACY TRAINING AND LIFE SKILLS EDUCATION TO THE SCHOOLCHILDREN. (IV) AND (IV) REPORTS: THE GRANTEE PROVIDED COMBINED REPORTS FOR THE SCHOOLS COVERED UNDER BOTH THE MAY 2019 AND DECEMBER 2019 SCHOOL PROJECT GRANTS. AS OF THE 3/31/2021 GRANT EXPENSES OF INR 58,387,504 HAD BEEN EXPENDED. AN ADDITIONAL INR 80,158 WAS SPENT DURING FYE 3/31/2022. THE REMAINING FUNDS WILL BE SPENT ON THE GRANT PROJECT AND THE GRANTEE WILL CONTINUE TO REPORT ON THE PROJECT UNTIL THE FUNDS ARE FULLY EXPENDED. GRANT DATED 12/12/2019 - DECEMBER 2019 TRANSFORM LIVES PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 19,600,209 WAS APPROVED ON 12/12/2019 AND THE FUNDS REMITTED ON 12/17/2019 (USD $280,000). (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF RENOVATING SIX GOVERNMENT SCHOOLS IN THE STATES OF RAJASTHAN, TELANGANA, & HARYANA IN INDIA. THIS INCLUDES INSTALLING RAINWATER HARVESTING SYSTEMS TO PROVIDE POTABLE DRINKING WATER AND PROVIDING DIGITAL LITERACY TRAINING AND LIFE SKILLS EDUCATION TO THE SCHOOLCHILDREN. (IV) AND (IV) REPORTS: THE GRANTEE PROVIDED COMBINED REPORTS FOR THE SCHOOLS COVERED UNDER BOTH THE MAY 2019 AND DECEMBER 2019 SCHOOL PROJECT GRANTS. AS OF THE 3/31/2021 GRANT EXPENSES OF INR 58,387,504 HAD BEEN EXPENDED. AN ADDITIONAL INR 80,158 WAS SPENT DURING FYE 3/31/2022. THE REMAINING FUNDS WILL BE SPENT ON THE GRANT PROJECT AND THE GRANTEE WILL CONTINUE TO REPORT ON THE PROJECT UNTIL THE FUNDS ARE FULLY EXPENDED. GRANT DATED 5/11/2020 - BARMER UNNATI PROJECT (II) GRANT AMOUNT: AS REPORTED ON THE 2020 EXPENDITURE RESPONSIBILITY STATEMENT, THE GRANTOR AND GRANTEE AGREED TO APPLY USED GRANT FUNDS TOTALING INR 4,947,106 FROM THE 2020/2021 PROGRAM GRANT TO THE BARMER UNNATI PROJECT. (III) GRANT PURPOSE: THE BARMER UNNATI PROJECT IS INTENDED TO PROVIDE SUPPORT TO 6000 FAMILIES IN BARMER DISTRICT, RAJASTHAN THROUGH PROMOTION OF SUSTAINABLE AGRICULTURE ACTIVITIES. THE PROGRAM WILL FOCUS ON INCREASING AGRICULTURAL PRODUCTIVITY AND DIVERSIFICATION, TECHNOLOGY PROMOTION AND CONSERVATION OF WATER RESOURCES. (IV) AND (IV) REPORTS: THE REPORT FOR THE PROGRAM GRANT INDICATES THAT, AS OF THE END OF THE GRANTEE'S 3/31/2022 FYE, INR 1,829,953 OF THE GRANT FUNDS HAD BEEN SPENT. THE GRANTEE HAS ADVISED THAT THE PROJECT HAS BEEN DISCONTINUED DUE TO A SEVERE SECOND COVID-19 OUTBREAK AND THE OTHER FUNDING PARTNERS DECISION TO NO LONGER SUPPORT THE PROJECT. GRANTOR AND GRANTEE HAVE AGREED TO APPLY THE UNSPENT AMOUNT TO THE PROGRAM GRANT THAT WAS APPROVED FOR THE GRANTEE'S 3/31/2023 FYE. GRANT DATED 9/21/2020 - IDRF JOINT TRANSFORM LIVES PROJECT (II) GRANT AMOUNT: A PROJECT GRANT IN THE AMOUNT OF INR 1,367,520 WAS APPROVED ON 9/21/2020 AND THE FUNDS REMITTED ON 9/23/2020 (USD $18,575). (III) GRANT PURPOSE: THE PROJECT GRANT WAS IN SUPPORT OF RENOVATING ONE GOVERNMENT SCHOOL IN THE STATE OF MAHARASHTRA IN INDIA. THIS INCLUDES INSTALLING RAINWATER HARVESTING SYSTEMS TO PROVIDE POTABLE DRINKING WATER AND PROVIDING THE CHILDREN WITH DIGITAL LITERACY TRAINING AND LIFE SKILLS EDUCATION. (IV) AND (IV) REPORTS: THE REPORT FOR THIS PROJECT INDICATE THAT INR 742,232 HAD BEEN SPENT AS OF 3/31/2021 AND AN ADDITIONAL INR 530,146 WAS EXPENDED AS OF 3/31/2022. THE REMAINING FUNDS WILL BE SPENT ON THE GRANT PROJECT AND THE GRANTEE WILL CONTINUE TO REPORT ON THE PROJECT UNTIL THE FUNDS ARE SPENT. GRANT DATED 9/21/2020 - 2020/2021 TRANSFORM LIVES PROJECT (II) GRANT AMOUNT: A |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO 2.65% DUE 04-15-2025 | 14,988 | 15,663 |
| ABBOTT LABS 1.15% DUE 01-30-2028 | 102,766 | 97,232 |
| AFLAC INC 1.125% DUE 03-15-2026 | 75,019 | 73,668 |
| ALLSTATE CORP 1.45% DUE 12-15-2030 | 74,748 | 70,983 |
| ALPHABET INC 1.1% DUE 08-15-2030 | 119,671 | 113,588 |
| AMAZON COM INC 2.1% DUE 05-12-2031 | 74,987 | 76,081 |
| AMERICAN EXPRESS CO 1.65% 11-04-2026 | 89,858 | 90,224 |
| AMERN HONDA FIN 2% DUE 03-24-2028 | 74,993 | 75,804 |
| ANALOG DEVICES INC 1.7% 10-01-2028 | 89,916 | 89,802 |
| APPLE INC 1.7% DUE 08-05-2031 BEO | 89,696 | 87,933 |
| AUTO DATA 1.25% DUE 09-01-2030 | 74,810 | 70,664 |
| BANK MONTREAL MEDIUM TERM 1.85% 05-01-2025 | 49,962 | 50,760 |
| BANK NOVA SCOTIA B C 1.3% DUE 09-15-2026 | 89,996 | 88,258 |
| BANK OF AMERICA CORP 1.734% 07-22-2027 | 85,804 | 84,429 |
| BB&T CORP SR 2.2% DUE 03-16-2023 | 24,982 | 25,422 |
| BK NEW YORK MELLON 1.65% DUE 07-14-2028 | 74,803 | 74,324 |
| BK NOVA SCOTIA B C 2.7% DUE 08-03-2026 | 49,870 | 52,151 |
| BRISTOL MYERS SQUIBB CO 1.45% DUE 11-13-2030 | 74,957 | 71,539 |
| BURL NORTHN SANTA 7% DUE 12-15-2025 | 22,471 | 24,214 |
| CANADIAN IMPERIAL BK 1.25% 06-22-2026 | 84,975 | 82,891 |
| CATERPILLAR FINL 1.15% DUE 09-14-2026 | 89,843 | 88,704 |
| CHEVRON CORP NEW FIXED 1.141% DUE 05-11-2023 | 75,000 | 75,428 |
| CITIGROUP INC 2.52% 11-03-2032 | 90,092 | 90,001 |
| CME GROUP INC 3% DUE 09-15-2022 | 75,659 | 76,330 |
| COCA COLA CO 1.45% DUE 06-01-2027 | 100,275 | 99,482 |
| COSTCO WHSL CORP FIXED 1.375% DUE 06-20-2027 | 74,951 | 74,473 |
| DEERE JOHN CAP 1.5% DUE 03-06-2028 | 74,777 | 73,990 |
| DISNEY WALT CO 3.8% DUE 03-22-2030 | 84,296 | 84,213 |
| ERP OPERATING LP 1.85% 08-01-2031 | 89,561 | 87,468 |
| ESTEE LAUDER COS INC 2.0% DUE 12-01-2024 | 88,808 | 87,330 |
| GENERAL DYNAMICS CORP 2.25% DUE 06-01-2031 | 75,197 | 76,371 |
| GLAXOSMITHKLINE 2.85 DUE 05-08-2022 | 50,145 | 50,426 |
| GOLDMAN SACHS GROUP INC 1.992% DUE 01-27-2032 | 75,000 | 71,990 |
| GRAINGER W W INC 1.85% DUE 02-15-2025 | 74,792 | 76,429 |
| HERSHEY CO FIXED .9% DUE 06-01-2025 | 59,974 | 59,231 |
| HOME DEPOT INC 1.5% 09-15-2028 | 89,638 | 88,892 |
| HONEYWELL INTL INC 1.75% 09-01-2031 | 124,701 | 121,865 |
| HORMEL FOODS CORP 1.8% DUE 06-11-2030 | 105,106 | 98,156 |
| INTEL CORP 1.6% DUE 08-12-2028 BEO | 99,796 | 98,875 |
| INTEL CORP 2.7% DUE 12-15-2022 | 50,286 | 51,035 |
| INTERCONTINENTAL 2.1% DUE 06-15-2030 | 106,288 | 99,321 |
| JOHNSON & JOHNSON .95% DUE 09-01-2027 | 100,126 | 97,871 |
| JPMORGAN CHASE & CO 1.953% 02-04-2032 | 75,168 | 72,319 |
| KIMBERLY-CLARK 1.05% DUE 09-15-2027 | 75,138 | 72,703 |
| MASTERCARD INC 2.0% 11-18-2031 | 89,632 | 89,835 |
| MEAD JOHNSON 4.125% DUE 11-15-2025 | 75,212 | 76,299 |
| MERCK & CO INC NEW .75% DUE 02-24-2026 | 74,623 | 73,551 |
| MORGAN STANLEY FIXED 1.593% DUE 05-04-2027 | 75,085 | 74,240 |
| NIKE INC 2.75% DUE 03-27-2027 | 76,323 | 79,505 |
| NSTAR ELEC CO 1.95% DUE 08-15-2031 | 74,632 | 73,128 |
| NVIDIA CORP 1.55% 06-15-2028 | 84,783 | 84,390 |
| PEPSICO INC 1.95% DUE 10-21-2031 BEO | 89,821 | 90,063 |
| PFIZER INC .8% DUE 05-28-2025 | 59,726 | 59,280 |
| PHARMACIA CORP DEB 6.6 DUE 12-01-2028 | 29,444 | 32,511 |
| PPG INDS INC 2.4% DUE 08-15-2024 | 50,061 | 51,555 |
| PRAXAIR INC NT 1.1% 08-10-2030 | 99,840 | 93,518 |
| PROCTER & GAMBLE CO/THE 1.0% 04-23-2026 | 75,100 | 74,184 |
| PRUDENTIAL FINL INC 1.5% 03-10-2026 | 103,453 | 100,099 |
| PUBLIC STORAGE 1.95% 11-09-2028 | 90,123 | 89,766 |
| ROCKWELL AUTOMATION INC 1.75% DUE 08-15-2031 | 89,971 | 87,552 |
| ROYAL BK CDA GLOBAL MEDIUM TERM 1.4% 11-02-2026 | 89,899 | 88,854 |
| S&P GLOBAL INC 1.25% DUE 08-15-2030 | 74,888 | 70,054 |
| SALESFORCE.COM INC 1.5% DUE 07-15-2028 BEO | 84,809 | 84,034 |
| SANTANDER UK PLC 2.1% DUE 01-13-2023 | 58,964 | 59,853 |
| SCHWAB CHARLES CORP NEW 2.3% DUE 05-13-2031 | 74,854 | 75,834 |
| SIMON PPTY GROUP L FIXED 2.45% 09-13-2029 | 73,394 | 75,581 |
| STATE STREET CORP VAR RT 11-18-2027 | 90,058 | 90,182 |
| TARGET CORP 2.25% DUE 04-15-2025 | 50,077 | 51,548 |
| TEXAS INSTRS INC 1.375% DUE 03-12-2025 | 25,813 | 25,114 |
| TORONTO DOMINION BK NT 1.15% DUE 06-12-2025 | 74,996 | 74,402 |
| TOYOTA MTR CORP 1.339% DUE 03-25-2026 | 75,000 | 74,696 |
| TOYOTA MTR CR CORP 1.15% DUE 05-26-2022 | 25,111 | 25,079 |
| TRUIST FINANCIAL CORP MTN 1.125% 08-03-2027 | 60,292 | 58,045 |
| UNILEVER CAP CORP 1.375% DUE 09-14-2030 | 75,095 | 71,192 |
| UNITEDHEALTH GROUP 1.25% DUE 01-15-2026 | 25,757 | 24,917 |
| UNITEDHEALTH GROUP INC 2.3% DUE 05-15-2031 | 75,098 | 76,392 |
| US BANCORP FIXED 1.375% DUE 07-22-2030 | 101,536 | 94,195 |
| WALMART INC 1.5% DUE 09-22-2028 BEO | 104,998 | 104,445 |
| WESTPAC BANKING CORP 1.953% 11-20-2028 | 90,000 | 89,722 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| #REORG/ CDK GLOBAL CASH MERGER 07-11-2022 | 33,940 | 26,714 |
| 3M CO COM | 35,816 | 38,546 |
| ABBOTT LAB COM | 44,797 | 59,955 |
| ABBOTT LAB COM | 143,652 | 260,650 |
| ACCENTURE PLC SHS CL A NEW | 52,948 | 93,274 |
| ACCENTURE PLC SHS CL A NEW | 53,194 | 174,111 |
| ACCENTURE PLC SHS CL A NEW | 59,841 | 214,322 |
| ACTIVISION BLIZZARD INC COM STK | 18,921 | 24,350 |
| ADOBE SYS INC COM | 35,483 | 72,584 |
| ADOBE SYS INC COM | 40,775 | 261,982 |
| ADR ADR SONIC HEALTHCARE SPON ADR | 51,140 | 101,929 |
| ADR ADYEN N V ADR | 82,103 | 109,070 |
| ADR AIA GROUP LTD SPONSORED ADR | 114,530 | 148,434 |
| ADR ALLIANZ SE UNSPON ADS | 50,351 | 67,808 |
| ADR AMADEUS IT GROUP S A ADS | 108,280 | 97,923 |
| ADR ASML HLDG NV NY REG 2012 (POST REV SPLIT) | 59,065 | 236,454 |
| ADR ATLAS COPCO AB SPONSORED ADR | 55,842 | 135,570 |
| ADR BAE SYS PLC SPONSORED ADR | 69,325 | 76,905 |
| ADR BNP PARIBAS SPONSORED ADR REPSTG | 90,783 | 129,697 |
| ADR BRIT AMERN TOB PLC SPONSORED | 52,122 | 50,466 |
| ADR BRITVIC PLC SPONSORED ADR | 56,034 | 76,548 |
| ADR COMPAGNIE DE ST GOBAIN ADR | 107,916 | 152,864 |
| ADR CSL LTD SPONSORED ADR | 62,942 | 157,430 |
| ADR DEUTSCHE TELEKOM AG SPONSORED ADR | 38,692 | 42,092 |
| ADR DNB BK ASA SPONSORED ADR | 77,402 | 79,866 |
| ADR DSV A/S ADR UNSP EACH REPR 0.5 ORD | 44,165 | 190,038 |
| ADR ENEL SOCIETA PER AZIONI ADR | 89,058 | 94,262 |
| ADR EVOLUTION AB ADR UNSP ADR EACH REPR 1 ORD | 107,013 | 80,772 |
| ADR IBERDROLA S A SPONSORED ADR | 58,966 | 73,884 |
| ADR LASERTEC CORP ADR | 121,476 | 180,318 |
| ADR LI NING CO LTD ADR | 78,528 | 75,131 |
| ADR LONZA GROUP AG ADR | 108,115 | 145,040 |
| ADR LVMH MOET HENNESSY LOUIS VUITTON ADR | 42,054 | 148,288 |
| ADR MICHELIN COMPAGNIE GENERALE ADR | 41,229 | 58,891 |
| ADR MMC NORILSK NICKEL PJSC SPONSORED ADR | 63,625 | 69,038 |
| ADR MUNICH RE GROUP ADR | 45,645 | 68,756 |
| ADR NESTLE S A SPONSORED ADR REPSTG REG SH | 69,380 | 128,298 |
| ADR NESTLE S A SPONSORED ADR REPSTG REG SH | 72,136 | 126,894 |
| ADR NIPPON TELEG & TEL CORP SPONSORED ADR | 72,313 | 86,945 |
| ADR NN GROUP NV ADR | 97,979 | 131,125 |
| ADR NOVARTIS AG | 88,825 | 108,813 |
| ADR PERNOD RICARD S A SPONSORED ADR | 63,702 | 96,718 |
| ADR PERSIMMON ADR | 93,594 | 107,716 |
| ADR ROCHE HLDG LTD SPONSORED ADR | 76,170 | 120,438 |
| ADR SHENZHOU INTL GROUP HLDGS LTD ADR | 93,837 | 73,114 |
| ADR SIEMENS AG COM DM50 (NEW) | 92,597 | 127,302 |
| ADR SMURFIT KAPPA GROUP PLC ADR | 68,312 | 123,302 |
| ADR SOFTBANK CORP ADR | 128,329 | 122,488 |
| ADR TAIWAN SEMICONDUCTOR MANUFACTURING | 48,375 | 205,369 |
| ADR TESCO PLC SPONSORED ADR NEW | 82,688 | 94,539 |
| ADR TOKIO MARINE HLDGS INC ADR COM STK | 107,014 | 112,804 |
| ADR TOTALENERGIES SE SPONSORED ADR | 116,939 | 131,663 |
| ADR TOYOTA MTR CORP SPONSORED ADR | 86,314 | 120,074 |
| ADR UNILEVER PLC SPONSORED ADR NEW | 70,777 | 81,653 |
| ADR UNITED OVERSEAS BK LTD SPONSORED ADR | 84,839 | 109,016 |
| ADR UPM KYMMENE CORP ADR | 48,475 | 69,415 |
| ADR VALE S A ADR | 58,664 | 71,390 |
| ADR VOLVO AB ADR | 58,814 | 59,826 |
| ADR WUXI BIOLOGICS CAYMAN INC ADR | 98,737 | 78,243 |
| ADR ZURICH INS GROUP LTD SPONSORED | 81,139 | 119,900 |
| AGILENT TECHNOLOGIES INC COM | 12,451 | 41,190 |
| AGILYSYS INC COM STK | 14,345 | 16,272 |
| AIR LEASE CORP CL A CL A | 24,485 | 26,715 |
| AIRBNB INC CL A COM USD0.0001 CL A | 122,620 | 136,189 |
| AKAMAI TECHNOLOGIES INC COM STK | 19,425 | 26,451 |
| ALAMO GROUP INC COM | 12,645 | 12,363 |
| ALBEMARLE CORP COM | 15,125 | 41,144 |
| ALCON AG COM USD0.04 WI | 90,946 | 135,907 |
| ALIGN TECHNOLOGY INC COM | 12,085 | 85,433 |
| ALLEGHANY CORP DEL COM | 25,358 | 26,704 |
| ALPHABET INC CAP STK USD0.001 CL C | 104,061 | 384,847 |
| ALPHABET INC CAPITAL STOCK USD0.001 CL A | 36,274 | 136,161 |
| ALPHABET INC CAPITAL STOCK USD0.001 CL A | 97,526 | 191,205 |
| ALTRIA GROUP INC COM | 1,534 | 1,753 |
| AMAZON COM INC COM | 77,508 | 110,033 |
| AMAZON COM INC COM | 420,495 | 420,127 |
| AMER ELEC PWR CO INC COM | 23,349 | 24,289 |
| AMERICAN ASSETS TR INC COM | 11,862 | 13,286 |
| AMERICAN EXPRESS CO | 9,655 | 10,470 |
| AMERICAN INTERNATIONAL GROUP INC COM | 87,665 | 135,043 |
| AMERICAN TOWER CORP | 41,180 | 55,283 |
| AMERICAN WTR WKS CO INC NEW COM | 29,186 | 33,806 |
| AMERICOLD RLTY TR INC COM | 27,720 | 28,855 |
| AMERISOURCEBERGEN CORP COM | 13,058 | 20,598 |
| AMGEN INC COM | 58,631 | 54,443 |
| ANSYS INC COM | 11,245 | 48,134 |
| AON PLC | 27,624 | 38,772 |
| AON PLC | 67,963 | 100,688 |
| APPLE INC COM STK | 71,964 | 237,766 |
| APPLIED MATERIALS INC COM | 2,955 | 4,091 |
| APPLIED MATERIALS INC COM | 9,281 | 36,665 |
| ARCHER-DANIELS-MIDLAND CO COM | 89,827 | 149,036 |
| ARCOSA INC COM | 16,580 | 14,493 |
| ARROW ELECTR INC COM | 20,893 | 33,030 |
| ASE TECHNOLOGY HOLDING CO LTD | 56,932 | 86,777 |
| ASSURANT INC COM | 7,042 | 7,793 |
| ATLASSIAN CORPORATION PLC COM USD0.1 CL A | 106,379 | 99,135 |
| AUTODESK INC COM | 93,797 | 158,310 |
| AUTOZONE INC COM | 19,118 | 39,831 |
| AXONICS INC COM | 13,367 | 12,376 |
| BANK OF AMERICA CORP | 15,564 | 20,421 |
| BAXTER INTL INC COM | 135,645 | 140,692 |
| BCE INC COM NEW COM NEW | 53,387 | 67,028 |
| BEACON ROOFING SUPPLY INC COM | 11,528 | 21,621 |
| BELDEN INC COM | 19,350 | 22,020 |
| BERKSHIRE HATHAWAY INC-CL B | 6,390 | 9,568 |
| BIO RAD LABORATORIES INC CL A CL A | 9,336 | 37,779 |
| BLACK KNIGHT INC COM USD0.0001 WI | 11,730 | 26,939 |
| BLACKROCK INC COM STK | 19,158 | 27,467 |
| BRISTOL MYERS SQUIBB CO COM | 5,573 | 5,175 |
| BROADCOM INC COM | 7,544 | 12,643 |
| BROADCOM INC COM | 74,232 | 191,638 |
| BROADRIDGE FINL SOLUTIONS INC COM STK | 26,138 | 28,337 |
| BSTN PPTYS INC | 21,726 | 27,182 |
| CALIFORNIA WTR SVC GROUP COM | 11,202 | 15,450 |
| CAMDEN PPTY TR SH BEN INT | 27,590 | 35,736 |
| CANADIAN PAC RY LTD COM NPV | 70,966 | 159,275 |
| CAREDX INC COM | 13,667 | 15,873 |
| CBIZ INC COM | 14,257 | 23,276 |
| CBRE GROUP INC CL A CL A | 16,068 | 56,425 |
| CDW CORP COM | 28,747 | 32,970 |
| CENTRAL PAC FINL CORP COM NEW | 11,406 | 15,944 |
| CHARTER COMMUNICATIONS INC NEW CL A | 27,285 | 35,858 |
| CHEMED CORP NEW COM | 27,916 | 29,626 |
| CHILDRENS PL INC NEW COM | 10,818 | 15,303 |
| CIGNA CORP NEW COM | 97,680 | 126,985 |
| CISCO SYSTEMS INC | 10,904 | 14,385 |
| CISCO SYSTEMS INC | 81,263 | 165,396 |
| CITIGROUP INC COM NEW COM NEW | 3,975 | 4,288 |
| CME GROUP INC COM STK | 15,493 | 17,135 |
| COCA COLA CO COM | 21,876 | 26,881 |
| COGNIZANT TECH SOLUTIONS CORP CL A | 85,224 | 133,346 |
| COLGATE-PALMOLIVE CO COM | 24,024 | 29,186 |
| COMCAST CORP NEW-CL A | 84,726 | 121,849 |
| CONAGRA BRANDS INC COM USD5 | 115,692 | 133,663 |
| CONOCOPHILLIPS COM | 76,454 | 151,434 |
| CONTINENTAL RES INC COM | 11,600 | 34,152 |
| COSTCO WHOLESALE CORP | 61,546 | 95,941 |
| COTERRA ENERGY INC COM | 13,290 | 35,226 |
| CRYOPORT INC COM PAR $0.001 | 45,945 | 45,206 |
| CSX CORP COM STK | 10,430 | 30,757 |
| CUMMINS INC | 15,118 | 24,214 |
| CVS HEALTH CORP COM | 124,003 | 186,101 |
| D R HORTON INC COM | 15,276 | 57,804 |
| DARDEN RESTAURANTS INC COM | 18,131 | 43,987 |
| DEERE & CO COM | 1,759 | 1,714 |
| DENTSPLY SIRONA INC COM | 17,931 | 22,651 |
| DESCARTES SYS GROUP INC COM | 13,601 | 25,052 |
| DEUTSCHE POST AG SPONSORED ADR | 80,838 | 103,553 |
| DIAGEO PLC SPONSORED ADR NEW | 5,915 | 11,007 |
| DISCOVER FINL SVCS COM STK | 88,853 | 123,765 |
| DOCUSIGN INC COM | 28,110 | 28,025 |
| DOLLAR GEN CORP NEW COM | 133,599 | 143,856 |
| DOLLAR TREE INC COM STK | 86,451 | 145,860 |
| DOVER CORP COM USD1.00 | 10,283 | 30,146 |
| DOVER CORP COM USD1.00 | 130,680 | 140,014 |
| DUKE ENERGY CORP | 16,361 | 19,407 |
| DUPONT DE NEMOURS INC COMMON STOCK | 132,490 | 159,298 |
| DYCOM INDS INC COM | 13,590 | 14,908 |
| EASTMAN CHEM CO COM | 13,785 | 23,577 |
| ECOLAB INC COM STK USD1 | 9,913 | 12,668 |
| EDISON INTL COM | 127,904 | 141,892 |
| ELI LILLY & CO COM | 29,841 | 74,579 |
| ENTEGRIS TNT#0002307911 07-06-2022 | 30,956 | 44,855 |
| EPAM SYS INC COM STK | 29,046 | 36,765 |
| EPAM SYS INC COM STK | 95,878 | 133,022 |
| EQTY RESDNTL EFF 5/15/02 | 113,818 | 161,724 |
| EVERCORE INC | 13,748 | 24,045 |
| EXPEDITORS INTL WASH INC COM | 19,339 | 29,678 |
| EXPERIAN PLC | 78,982 | 189,646 |
| FERRARI N V FERRARI N V COMMON S TOCK | 100,834 | 148,822 |
| FIDELITY NATL INFORMATION SVCS INC COM | 148,934 | 114,717 |
| FLUOR CORP NEW COM | 19,431 | 21,203 |
| GARTNER INC COM | 42,425 | 142,755 |
| GATX CORP COM | 12,264 | 22,297 |
| GENERAL DYNAMICS CORP COM | 20,691 | 26,059 |
| GILEAD SCIENCES INC | 1,688 | 1,815 |
| GLOBAL PMTS INC COM | 13,633 | 26,630 |
| GOOSEHEAD INS INC COM CL A | 20,343 | 24,715 |
| GREEN DOT CORP COM STK | 18,312 | 14,279 |
| GRID DYNAMICS HOLDINGS INC COM | 18,911 | 39,565 |
| H & E EQUIP SVCS INC COM | 16,310 | 29,838 |
| HAIN CELESTIAL GROUP INC COM | 19,510 | 19,771 |
| HALOZYME THERAPEUTICS INC COM | 15,678 | 24,287 |
| HANOVER INS GROUP INC COM | 24,375 | 25,819 |
| HEALTHSTREAM INC COM STK | 15,796 | 16,211 |
| HELMERICH & PAYNE INC COM | 16,605 | 12,680 |
| HERITAGE COMM CORP COM STK | 12,518 | 13,050 |
| HERSHEY COMPANY COM STK USD1 | 23,562 | 29,988 |
| HILTON GRAND VACATIONS INC COM | 16,652 | 30,120 |
| HOME DEPOT INC COM | 53,935 | 105,828 |
| HONEYWELL INTL INC COM STK | 114,490 | 114,889 |
| HOULIHAN LOKEY INC CL A CL A | 16,178 | 32,505 |
| HUNT J B TRANS SVCS INC COM | 27,999 | 34,339 |
| ICON PLC COM | 74,089 | 150,205 |
| IDACORP INC COM | 27,626 | 30,934 |
| ILLUMINA INC COM | 74,610 | 86,740 |
| INSPIRE MED SYS INC COM | 9,960 | 19,555 |
| INTEL CORP COM | 9,965 | 11,073 |
| INTER PARFUMS INC COM | 20,048 | 35,598 |
| INTERCONTINENTAL EXCHANGE INC COM | 17,424 | 41,852 |
| INTERCONTINENTAL EXCHANGE INC COM | 31,772 | 36,791 |
| INTERNATIONAL BUSINESS MACHS CORP COM | 2,885 | 3,342 |
| INTUIT COM | 27,715 | 68,825 |
| INTUITIVE SURGICAL INC COM NEW STK | 71,008 | 105,634 |
| IQVIA HLDGS INC COM USD0.01 | 30,397 | 33,857 |
| JACK HENRY & ASSOC INC COM | 24,118 | 24,381 |
| JOHNSON & JOHNSON COM USD1 | 70,004 | 91,351 |
| JOHNSON & JOHNSON COM USD1 | 82,466 | 119,236 |
| JPMORGAN CHASE & CO COM | 31,433 | 32,778 |
| KEYCORP NEW COM | 21,567 | 31,017 |
| KEYSIGHT TECHNOLOGIES INC COM | 9,963 | 56,790 |
| KRATOS DEFENSE & SECURITY SOLUTIONS INC | 18,095 | 16,878 |
| KYNDRYL HLDGS INC COM | 144 | 91 |
| KYTO BIOPHMARACEUTICALS | 3,588 | 3,588 |
| LAB CORP AMER HLDGS COM NEW | 12,135 | 28,907 |
| LAM RESH CORP COM | 2,137 | 2,877 |
| LANDSTAR SYS INC COM | 6,045 | 8,593 |
| LIONS GATE ENTMT CORP VOTING SHARES CL A | 12,884 | 22,580 |
| LIVENT CORP COM | 12,407 | 24,721 |
| LIVEPERSON INC COM STK | 21,159 | 20,325 |
| LOCKHEED MARTIN CORP COM | 1,591 | 1,777 |
| LOWES COS INC COM | 2,543 | 6,979 |
| LULULEMON ATHLETICA INC COM | 74,904 | 129,961 |
| MARSH & MCLENNAN CO'S INC COM | 12,775 | 18,946 |
| MARTEN TRANS LTD COM | 9,874 | 12,269 |
| MASCO CORP COM | 16,268 | 35,742 |
| MASTERCARD INC CL A | 54,819 | 74,379 |
| MASTERCARD INC CL A | 116,910 | 236,073 |
| MATERION CORP COM | 10,858 | 20,227 |
| MC DONALDS CORP COM | 7,751 | 8,846 |
| MERCK & CO INC NEW COM | 111,913 | 129,062 |
| META PLATFORMS INC | 42,492 | 67,606 |
| META PLATFORMS INC | 116,823 | 290,943 |
| METHANEX CORP COM STK | 14,753 | 21,911 |
| METLIFE INC COM STK USD0.01 | 120,074 | 138,540 |
| METTLER-TOLEDO INTL INC COM | 52,931 | 144,263 |
| MICROSOFT CORP COM | 58,422 | 268,383 |
| MICROSOFT CORP COM | 140,828 | 276,455 |
| MONTROSE ENVIRONMENTAL GROUP INC COM | 19,653 | 27,499 |
| MOTOROLA SOLUTIONS INC | 85,887 | 147,261 |
| MSCI INC COMMON | 29,130 | 76,586 |
| NATIONAL BK HLDGS CORP CL A COM STK | 15,195 | 17,532 |
| NEOGENOMICS INC COM NEW COM NEW | 16,648 | 17,845 |
| NETFLIX INC COM STK | 38,679 | 43,376 |
| NETFLIX INC COM STK | 118,965 | 133,742 |
| NEWMONT CORPORATION | 32,666 | 29,646 |
| NIKE INC CL B | 31,351 | 105,169 |
| NORTHROP GRUMMAN CORP COM | 87,803 | 126,185 |
| NVIDIA CORP COM | 6,564 | 9,412 |
| O REILLY AUTOMOTIVE INC NEW COM | 28,646 | 34,605 |
| OLD DOMINION FREIGHT LINE INC COM | 20,675 | 40,139 |
| OLIN CORP COM | 11,285 | 41,472 |
| OLLIES BARGAIN OUTLET HLDGS INC COM | 30,099 | 15,818 |
| OPTIMIZERX CORP COM NEW COM NEW | 12,998 | 10,745 |
| ORACLE CORP COM | 2,920 | 5,407 |
| ORACLE CORP COM | 62,153 | 128,548 |
| PACKAGING CORP AMER COM | 12,912 | 20,286 |
| PAR TECHNOLOGY CORP COM | 22,301 | 16,570 |
| PAXTON CORPORATION | 585,195 | 434,308 |
| PAYPAL HLDGS INC COM | 46,115 | 102,588 |
| PEDIATRIX MEDICAL GROUP INC | 12,055 | 12,761 |
| PFIZER INC COM | 22,829 | 37,083 |
| PHILIP MORRIS INTL COM STK NPV | 4,311 | 5,605 |
| POWER CORP CDA COM POWER CORPORATION OF CANADA | 89,049 | 88,522 |
| PROCTER & GAMBLE COM NPV | 32,379 | 42,040 |
| PROGRESSIVE CORP OH COM | 12,244 | 34,798 |
| PUB STORAGE COM | 22,221 | 36,707 |
| QIAGEN NV EUR0.01 | 7,492 | 8,226 |
| QUALCOMM INC COM | 4,532 | 8,229 |
| RANPAK HLDGS CORP CL A COM | 15,963 | 26,193 |
| RAYMOND JAMES FNCL INC COM STK | 17,517 | 36,244 |
| RAYTHEON TECHNOLOGIES CORP | 102,682 | 134,684 |
| REGENERON PHARMACEUTICALS INC COM | 27,268 | 33,471 |
| REINSURANCE GROUP AMER INC COM NEW STK | 16,956 | 17,847 |
| RENAISSANCE RE HLDGS LTD COM | 23,418 | 26,246 |
| REPUBLIC SVCS INC COM | 7,835 | 11,435 |
| REPUBLIC SVCS INC COM | 21,493 | 52,712 |
| RESMED INC COM | 72,248 | 165,665 |
| RETAIL OPPORTUNITY INVTS CORP COM STK | 12,975 | 20,737 |
| ROYAL GOLD INC COM STK USD0.01 | 27,443 | 24,198 |
| SAIA INC COM STK | 11,465 | 29,322 |
| SALESFORCE INC COM USD0.001 | 154,021 | 221,855 |
| SANOFI SPONSORED ADR | 80,510 | 92,034 |
| SBA COMMUNICATIONS CORP COM CL A | 18,824 | 31,122 |
| SCOTTS MIRACLE-GRO CLASS'A'COM NPV | 12,840 | 22,379 |
| SEALED AIR CORP NEW COM STK | 22,097 | 35,219 |
| SENSATA TECHNOLOGIES B V HOLDING | 26,564 | 36,459 |
| SERVICENOW INC COM USD0.001 | 68,533 | 175,909 |
| SHOPIFY INC CL A SHOPIFY INC | 17,057 | 132,229 |
| SIGNET JEWELERS LTD | 11,178 | 40,643 |
| SIKA AG ADR | 65,936 | 142,717 |
| SILK RD MED INC COM | 16,330 | 10,738 |
| SITEONE LANDSCAPE SUPPLY INC COM | 9,223 | 13,325 |
| SKYWEST INC COM | 15,966 | 14,541 |
| SKYWORKS SOLUTIONS INC COM | 22,924 | 41,267 |
| SNAP-ON INC COM | 20,675 | 27,353 |
| SONOCO PROD CO COM | 27,115 | 23,330 |
| SOUTHERN CO COM STK | 28,256 | 32,164 |
| SPROUT SOCIAL INC COM CL A | 12,361 | 23,217 |
| STARBUCKS CORP COM | 4,564 | 4,562 |
| STARBUCKS CORP COM | 67,170 | 121,883 |
| STERICYCLE INC COM | 21,341 | 22,901 |
| STERIS PLC ORD USD0.001 | 59,581 | 117,810 |
| STIFEL FINL CORP COM | 14,975 | 33,167 |
| SVENSKA HANDELSBANKEN AB ADR | 94,389 | 97,723 |
| SYNEOS HEALTH INC COM | 10,803 | 30,701 |
| SYNOPSYS INC COM | 6,364 | 38,693 |
| SYSCO CORP COM | 16,547 | 23,878 |
| TARGET CORP COM STK | 27,192 | 48,371 |
| TERRENO RLTY CORP | 11,827 | 19,445 |
| TESLA INC COM USD0.001 | 25,884 | 31,702 |
| TEXAS INSTRUMENTS INC COM | 49,372 | 58,990 |
| TFS FINL CORP COM STK | 26,150 | 23,660 |
| THERMO FISHER CORP | 6,543 | 13,344 |
| TJX COS INC COM NEW | 9,355 | 22,471 |
| TJX COS INC COM NEW | 136,161 | 141,211 |
| TRAVELERS COS INC COM STK | 27,162 | 30,503 |
| TRONOX HOLDINGS PLC ORD USD0.01 | 12,322 | 14,682 |
| TRUIST FINL CORP COM | 118,868 | 165,814 |
| TTEC HLDGS INC COM | 14,204 | 21,007 |
| UBS GROUP AG COMMON STOCK | 36,212 | 55,915 |
| UNION PAC CORP COM | 41,919 | 58,196 |
| UNITED PARCEL SVC INC CL B | 49,913 | 66,017 |
| UNITEDHEALTH GROUP INC COM | 36,058 | 77,832 |
| UNITEDHEALTH GROUP INC COM | 99,121 | 163,698 |
| UNIVAR SOLUTIONS INC | 17,630 | 18,739 |
| US BANCORP | 127,216 | 128,461 |
| VERACYTE INC COM | 15,643 | 18,293 |
| VERISK ANALYTICS INC COM USD0.001 | 25,378 | 29,735 |
| VERIZON COMMUNICATIONS COM | 36,280 | 34,190 |
| VERIZON COMMUNICATIONS COM | 128,414 | 124,444 |
| VIATRIS INC | 139,526 | 110,919 |
| VICOR CORP COM | 12,391 | 27,174 |
| VISA INC COM CL A STK | 62,026 | 78,232 |
| VISA INC COM CL A STK | 79,245 | 185,070 |
| VISTEON CORP COM NEW COM NEW | 24,678 | 29,008 |
| VIZIO HLDG CORP CL A COM CL A COM | 18,874 | 13,718 |
| WALMART INC COM | 64,008 | 71,622 |
| WALT DISNEY CO | 84,632 | 127,939 |
| WASTE MGMT INC DEL COM STK | 9,649 | 14,854 |
| WEC ENERGY GROUP INC COM | 14,699 | 24,462 |
| WEC ENERGY GROUP INC COM | 26,925 | 28,344 |
| WELLS FARGO & CO NEW COM STK | 7,088 | 8,972 |
| WEST PHARMACEUTICAL SVCS INC COM | 22,447 | 34,238 |
| WILLIAMS CO INC COM | 21,529 | 21,197 |
| WOODWARD INC COM | 14,768 | 24,519 |
| WW INTL INC COM | 16,157 | 8,952 |
| XILINX INC STOCK MERGER ADVANCED MICRO | 9,820 | 36,257 |
| ZOETIS INC COM USD0.01 CL 'A' | 36,846 | 48,806 |
| ZOETIS INC COM USD0.01 CL 'A' | 60,527 | 208,402 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LS POWER EQUITY PTRS II PIE LP | AT COST | 1,086,469 | 30,609 |
| LS POWER FUND III FEEDER 2 LP | AT COST | 1,475,725 | 3,238,690 |
| LS POWER IV FEEDER 2, LP | AT COST | 5,085,644 | 9,976,248 |
| MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD | AT COST | 2,200,157 | 2,803,751 |
| MFC FLEXSHARES TR STOXX GLOBAL BROAD INFRA INDEX FD | AT COST | 1,095,752 | 1,208,103 |
| MFC SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1 | AT COST | 6,756,057 | 11,597,174 |
| MFO BLACKROCK FDS V HIGH YIELD BD PORT INSTLCL | AT COST | 2,367,733 | 2,419,335 |
| MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO | AT COST | 578,714 | 760,635 |
| MFO INVESCO DEVELOPING MARKETS FUND | AT COST | 2,969,719 | 3,508,239 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REDEMPTION/DISTR. REC - GARGOYLE HEDGE VALUE FUND LTD | 579 | 0 | 0 |
| Description | Amount |
|---|---|
| BOOK TO TAX TIMING DIFFERENCES | 17,206 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PORFOLIO EXPENSES FROM PASSTHROUGHS | 14,411 | 14,411 | 0 | |
| PAYROLL SERVICE FEE | 1,511 | 0 | 1,511 | |
| POSTAGE AND SHIPPING | 1,143 | 0 | 1,143 | |
| OFFICE EXPENSE | 355 | 0 | 355 | |
| BANK FEES | 126 | 0 | 126 | |
| FUNDRAISING EXPENSE | 13,981 | 0 | 13,981 | |
| OFFICE INSURANCE | 390 | 0 | 390 | |
| INTERNET SERVICE FEE | 782 | 0 | 782 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BLACKROCK SERVICE FEE REBATE | 515 | 515 | 515 |
| BOOK SALES | 15 | 15 | 15 |
| CLASS ACTION SETTLEMENTS | 724 | 724 | 724 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NORTHERN TRUST | 240,930 | 240,930 | 0 | |
| CONSULTING FEES | 71,023 | 0 | 71,023 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NT MGD EQ ACCTS FOREIGN TAXES | 35,417 | 35,417 | 0 | |
| PAYROLL TAXES | 21,769 | 0 | 21,769 | |
| GOLDMAN - WITHHOLDING ON DISTRIBUTIONS | 1,555 | 1,555 | 0 | |
| FEDERAL TAXES | 20,000 | 0 | 0 |