| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 201 | 101 | 100 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ENTERPRISE PRODS VAR 7% | 206,023 | 180,073 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 10,811 AT&T INC | 363,793 | 265,951 |
| 4,238 ABBVIE INC | 304,415 | 573,825 |
| 1,855 ADOBE SYSTEMS INC | 62,858 | 1,051,896 |
| 3,000 ALASKA AIR GROUP INC DE | 147,046 | 156,300 |
| 1,100 ALBEMARLE CORPORATION | 75,142 | 257,147 |
| 480 ALIBABA GROUP HLDG LTD F | 100,384 | 57,019 |
| 2,100 ALLSTATE CORPORATION | 110,525 | 247,065 |
| 285 ALPHABET INC (GOOGLE INC CLASS A) | 202,487 | 825,656 |
| 200 ALPHABET INC (GOOGLE INC CLASS C) | 111,867 | 578,718 |
| 5,500 ALTRIA GROUP INC | 248,669 | 260,645 |
| 170 AMAZON COM INC: AMZN | 118,126 | 566,838 |
| 2,392 AMERICAN EXPRESS COMPANY | 213,266 | 391,331 |
| 6,060 AMERICAN INTL GROUP NEW | 220,024 | 344,572 |
| 1,950 AMERICAN TOWER CORP | 181,759 | 570,375 |
| 2,450 ANHEUSER-BUSC INBEV ADRF | 283,902 | 148,348 |
| 1,840 ANTHEM INC | 208,522 | 852,914 |
| 3,030 APACHE CORP | 135,003 | 81,477 |
| 7,920 APPLE INC: AAPL | 198,720 | 1,406,354 |
| 6,630 APPLIED MATERIALS INC | 187,420 | 1,043,297 |
| 3,500 ARCHER DANIELS MIDLAND | 170,538 | 236,565 |
| 3,788 ATMOS ENERGY CORP. | 21,571 | 396,869 |
| 8,080 BANK OF AMERICA CORP | 143,703 | 359,479 |
| 2,000 BAXTER INTERNATIONAL INC | 83,068 | 171,680 |
| 1,260 BERKSHIRE HATHAWAY B | 182,792 | 376,740 |
| 1,720 BOEING CO | 171,204 | 346,270 |
| 8,250 BRISTOL MYERS SQUIBB CO | 410,023 | 514,388 |
| 2,000 BROADCOM INC: AVGO | 303,337 | 1,330,820 |
| 6,000 CA WATER SERVICE GROUP | 22,101 | 431,160 |
| 2,270 CATERPILLAR INC | 246,427 | 469,300 |
| 2,025 CELANESE CORP SERIES A COM STK | 107,335 | 340,322 |
| 2,990 CHEVRON CORPORATION | 280,240 | 350,877 |
| 2,040 CHUBB LTD | 226,683 | 394,352 |
| 10,580 CISCO SYSTEMS INC | 289,395 | 670,455 |
| 3,000 CITIGROUP INC | 154,524 | 181,170 |
| 2,680 CLOROX CO | 173,965 | 467,285 |
| 1,780 CME GROUP INC (CLASS A) | 130,537 | 406,659 |
| 13,070 COMCAST CORP (CLASS A) | 125,415 | 657,813 |
| 17,700 CORNING INC | 342,463 | 658,971 |
| 770 COSTCO WHOLESALE CO | 139,611 | 437,129 |
| 1,830 CROWN CASTLE INTL | 167,818 | 381,994 |
| 2,000 CVS HEALTH CORP | 149,384 | 206,320 |
| 670 DEERE & CO | 99,255 | 229,737 |
| 2,003 DELL TECHNOLOGIES | 25,602 | 112,509 |
| 2,900 DIAMONDBACK ENERGY | 6,493 | 312,765 |
| 1,870 DOCUSIGN INC | 326,655 | 284,820 |
| 2,320 DUKE ENERGY CORP | 199,915 | 243,368 |
| 8,120 EBAY INC | 162,519 | 539,980 |
| 1,303 ECOLAB INC | 63,340 | 305,671 |
| 5,750 ENBRIDGE INC | 175,017 | 224,710 |
| 5,635 EXXON MOBIL CORPORATION | 29,758 | 344,806 |
| 950 F M C CORP NEW: FMC | 63,406 | 104,396 |
| 600 META PLATFORMS INC (CLASS A) | 77,607 | 201,810 |
| 17,160 FLUOR CORP | 638,394 | 425,053 |
| 3,900 FORD MOTOR COMPANY | 68,321 | 81,003 |
| 1,300 GENERAL ELECTRIC COMPANY | 122,397 | 122,811 |
| 2,000 GENERAL MOTORS CO | 70,745 | 117,260 |
| 7,880 GILEAD SCIENCES INC | 215,613 | 572,167 |
| 14,000 HEWLETT-PACKARD COMPANY | 169,081 | 220,780 |
| 1,795 HOME DEPOT INC: HD | 152,994 | 744,943 |
| 1,880 HONEYWELL INTL INC | 93,829 | 391,999 |
| 7,000 HP INC | 116,770 | 263,690 |
| 1,430 INTL BUSINESS MACHINES CORP | 160,566 | 191,134 |
| 11,800 INTEL CORP | 389,508 | 607,700 |
| 3,070 JPMORGAN CHASE & CO | 293,742 | 486,135 |
| 3,640 JOHNSON & JOHNSON | 187,978 | 622,695 |
| 2,507 JOHNSON CTLS INTL | 114,545 | 203,844 |
| 286 KYNDRYL HLDGS INC | 7,039 | 5,177 |
| 2,665 LILLY ELI & CO | 118,214 | 736,126 |
| 920 LINDE PLC | 70,080 | 318,716 |
| 4,945 MEDTRONIC INC | 389,188 | 511,560 |
| 11,830 MERCHANTS & MARINES BANKCORP INC | 474,504 | 474,504 |
| 3,750 MERC & CO INC NEW COM | 210,686 | 287,400 |
| 3,765 MICROSOFT CORP | 168,041 | 1,266,245 |
| 4,510 MIDDLESEX WATER CO | 65,310 | 542,553 |
| 4,670 MORGAN STANLEY: MS | 155,884 | 458,407 |
| 950 NETFLIX INC | 61,215 | 572,318 |
| 3,250 NIKE INC (CLASS B) | 126,590 | 541,678 |
| 4,370 PAYCHEX INC | 168,364 | 596,505 |
| 1,700 PAYPAL HOLDINGS | 59,737 | 320,586 |
| 2,862 PEPSICO INC | 95,826 | 497,158 |
| 3,510 PROCTER & GAMBLE CO | 204,933 | 574,166 |
| 600 PROLOGIS INC | 50,184 | 101,016 |
| 5,490 QUALCOMM INC | 333,693 | 1,003,956 |
| 370 ROPER TECHNOLOGIES | 148,041 | 181,988 |
| 8,800 SCHLUMBERGER LTD | 433,472 | 263,560 |
| 2,000 SEALED AIR CORP | 101,254 | 134,940 |
| 1,145 SHERWIN WILLIAMS CO | 76,878 | 403,223 |
| 3,730 SOUTHERN COMPANY | 199,736 | 255,803 |
| 1,600 STARBUCKS CORP | 61,506 | 187,152 |
| 3,000 SYSCO CORPORATION | 113,013 | 235,650 |
| 680 TESLA INC | 295,413 | 718,610 |
| 945 THERMO FISHER SCIENTIC | 147,965 | 630,542 |
| 2,480 TRAVELERS COMPANIES INC | 263,951 | 387,946 |
| 7,500 US BANCORP | 301,364 | 421,275 |
| 2,500 UNION PACIFIC CORP | 55,513 | 629,825 |
| 1,355 UNITED RENTALS INC | 119,690 | 450,253 |
| 1,625 UNITEDHEALTH GROUP INC | 137,981 | 815,978 |
| 3,220 VALERO ENERGY CORP | 205,373 | 241,854 |
| 4,944 VERIZON COMMUNICATIONS | 239,491 | 256,890 |
| 4,975 VANGUARD REAL ESTATE | 420,657 | 577,150 |
| 3,420 VF CORPORATION | 222,434 | 250,412 |
| 882 VMWARE INC | 26,712 | 102,206 |
| 4,500 WALT DISNEY CO | 245,968 | 697,005 |
| 9,000 WELLS FARGO BK N A: WFC | 363,638 | 431,820 |
| 4,170 YUM BRANDS | 134,420 | 579,046 |
| 7,000 YUM CHINA HOLDINGS | 97,398 | 348,876 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ENTERPRISE PRODUCTS PTRS | AT COST | 0 | 216,745 |
| MAGELLAN MIDSTREAM | AT COST | 0 | 150,001 |
| ENERGY TRANSFER | AT COST | 0 | 257,352 |
| DODGE & COX INC FD | AT COST | 2,403,041 | 2,443,575 |
| VANGUARD INTERM TERM INVESTMENT GRADE ADM | AT COST | 2,456,120 | 2,544,583 |
| VANGUARD INTERM TERM BB INDEX ADMIRAL SHR | AT COST | 3,671,807 | 3,849,598 |
| VANGUARD TOTAL INTL BD INDEX ADMIRAL | AT COST | 1,636,051 | 1,620,488 |
| DFA INVESTMENT GRADE PORT INSTL | AT COST | 2,245,817 | 2,369,695 |
| VANGUARD SHORT TERM BD INDEX ADMIRAL | AT COST | 1,027,915 | 1,009,399 |
| VANGUARD DEVELOPED MKTS INDEX ADM | AT COST | 904,123 | 1,052,435 |
| VANGUARD INTERNATIONAL VALUE | AT COST | 469,492 | 467,750 |
| AMERICAN FD EUROPACIFIC GWTH FD | AT COST | 362,667 | 454,988 |
| MFS INTL DIVERSIFICATION | AT COST | 884,442 | 1,139,757 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNISHINGS | 67,921 | 67,921 | 0 | 0 |
| COMPUTERS AND EQUIPMENT | 4,391 | 4,391 | 0 | 0 |
| LAPTOP | 2,467 | 2,467 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OPERATION INTEREST- OIL WELLS | 16,750 | 16,750 | 16,750 |
| ART OBJECTS - RALPH CHANDLER BUSTS | 11,219 | 11,219 | 11,219 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 24,645 | 12,323 | 12,322 | |
| OIL PRODUCTION EXPENSES | 3,461 | 0 | 0 | |
| OFFICE EXPENSES | 29,726 | 14,863 | 14,863 | |
| MISCELLANEOUS EXPENSE | 741 | 371 | 370 | |
| PAYROLL PROCESSING FEES | 822 | 411 | 411 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL ROYALTIES | 4,472 | 4,472 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 271,497 | 271,497 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 7,936 | 7,936 | 0 | |
| PAYROLL TAXES | 18,433 | 9,217 | 9,216 | |
| EXCISE TAX PAYMENT | 58,177 | 0 | 0 |