| 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 |
|---|---|---|
| AMGEN INC - 2.600% - 08/19/202 | 81,673 | 78,227 |
| APPLE INC NOTE 2.4% 01/13/2023 | 78,686 | 76,438 |
| BANK AMER CORP - 3.500% - 04/1 | 84,305 | 80,641 |
| BANK NEW YORK MELLON CORP SER | 84,229 | 80,917 |
| BOEING CO - 0.026% - 10/30/202 | 74,915 | 77,084 |
| CAMPBELL SOUP CO NOTE 3.30% 03 | 81,077 | 79,052 |
| CAPITAL ONE FINL CORP NOTE - 3 | 83,241 | 81,711 |
| CARDINAL HEALTH INC NOTE 3.079 | 159,885 | 155,576 |
| CHURCH & DWIGHT - 3.150% - 08/ | 81,353 | 79,454 |
| CIGNA CORPORATION NOTE 3.05% 1 | 78,546 | 79,679 |
| CSX CORP - 0.000% - 11/01/2026 | 81,074 | 78,217 |
| FEDEX CORP NOTE 3.40% 02/15/20 | 80,392 | 80,999 |
| GOLDMAN SACHS BANK - 2.700% - | 196,023 | 189,043 |
| JOHN DEERE CAPITAL CORP - 2.65 | 80,416 | 77,874 |
| MOLSON COORS BEVERAGE CO NOTE | 77,577 | 78,548 |
| QUALCOMM INC - 3.250% - 05/20/ | 84,260 | 80,979 |
| SEMPRA ENERGY NOTE 3.4% 02/01/ | 81,816 | 79,897 |
| US BANK - 2.800% - 01/27/2025 | 203,673 | 195,893 |
| WELLS FARGO & CO - 3.000% - 10 | 81,622 | 78,841 |
| WELLS FARGO BANK NATL ASSN CD | 197,650 | 191,657 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC | 545,303 | 656,636 |
| AMERICAN EXPRESS CO | 96,228 | 164,091 |
| AMGEN INC | 174,686 | 168,728 |
| APPLE INC | 2,027,277 | 3,995,324 |
| APPLIED MATERIALS INC | 236,203 | 629,440 |
| AT&T, INC | 149,046 | 123,000 |
| BERKSHIRE HATHAWAY INC. CLASS | 533,670 | 897,000 |
| BOEING CO | 402,624 | 467,062 |
| BP PLC SPONSORED ADR | 260,831 | 299,588 |
| CHEVRON CORP | 86,303 | 114,651 |
| CITIGROUP INC | 82,748 | 97,107 |
| CONOCOPHILLIPS | 39,291 | 68,643 |
| CVS CAREMARK CORP | 203,795 | 332,072 |
| EATON VANCE SHORT DURATION GOV | 3,650,735 | 3,574,303 |
| EMERSON ELECTRIC CO | 1,010,036 | 1,580,490 |
| EXXON MOBIL CORP | 100,358 | 138,106 |
| FIRST TRUST EUROPE ALPHADEX FU | 86,315 | 122,548 |
| FIRST TRUST EXCHANGE TRADED FD | 829,964 | 837,375 |
| FIRST TRUST LOW DURATION OPPOR | 1,731,879 | 1,699,660 |
| FIRST TRUST SENIOR LOAN FUND | 1,422,480 | 1,437,600 |
| FIRST TRUST VI FIRST TRUST NAS | 207,808 | 314,250 |
| FORTUNE BRANDS HOME & SECURITY | 30,028 | 53,450 |
| FT-PREFERRED SECUR & INC ETF | 101,425 | 101,600 |
| HALLIBURTON COMPANY | 80,235 | 153,298 |
| HSBC HOLDINGS PLC | 357,300 | 452,250 |
| INTEL CORP | 61,199 | 54,075 |
| ISHARE DJ FIN SC INX | 33,527 | 52,014 |
| ISHARE SP SMALL CAP 600 INDEX | 102,401 | 171,765 |
| ISHARES CORE 1-5 YEAR USD BOND | 254,324 | 252,150 |
| ISHARES SHORT MATURITY BOND ET | 499,952 | 499,500 |
| ISHARES TR S & P MIDCAP 400 IN | 103,435 | 169,565 |
| JOHNSON & JOHNSON | 614,623 | 756,129 |
| JP MORGAN CHASE | 233,964 | 386,532 |
| LOCKHEED MARTIN CORP | 940,590 | 932,951 |
| LORD ABBETT ULTRA SHORT BOND F | 3,189,310 | 3,176,593 |
| MCDONALD'S CORP | 1,298,211 | 1,909,999 |
| META PLATFORMS INC | 528,795 | 756,788 |
| MONDELEZ INTERNATIONAL INC | 95,524 | 125,392 |
| NESTLE S.A | 596,805 | 757,858 |
| NIKE INC-CL B | 1,603,840 | 2,666,720 |
| OIL SVC HLDRS TR | 131,340 | 203,324 |
| PEPSICO INC | 107,939 | 144,353 |
| PFIZER INC | 114,127 | 221,438 |
| PHILIP MORRIS INTL | 895,988 | 1,212,865 |
| PROCTER GAMBLE CO | 81,219 | 113,525 |
| RAYTHEON TECHNOLOGIES CORP | 91,875 | 129,090 |
| ROCHE HOLDING LTD ADR | 232,418 | 271,373 |
| SCHLUMBERGER LTD | 162,964 | 270,478 |
| TEXAS INSTRUMENTS INC | 218,586 | 332,650 |
| THE COCA-COLA CO | 1,468,665 | 1,953,930 |
| TORONTO DOMINION | 66,540 | 115,020 |
| UNILEVER PLC AMER | 210,844 | 201,713 |
| VANGUARD DIVIDEND APPRECIATION | 411,793 | 601,125 |
| VANGUARD UTLTS ETF | 653,401 | 782,000 |
| VERIZON COMMUNICATIONS | 201,994 | 194,850 |
| VISA INC | 142,900 | 161,232 |
| WAL-MART STORES INC | 161,492 | 195,910 |
| WELLS FARGO & CO | 99,938 | 179,925 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 70,025 | 70,025 | ||
| Postage/Delivery Service | 336 | 336 | ||
| State or Local Filing Fees | 25 | 25 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OUTSTANDING OPTIONS | 13,153 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 150,014 | 150,014 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2021 | 8,900 | |||
| 990-PF Extension for 2020 | 4,172 | |||
| Foreign Tax Paid | 956 | 956 |