| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,825 | 456 | 1,369 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M COMPANY | 8,112 | 5,953 |
| ACCENTURE PLC IRELAND CLASS A NEW | 4,956 | 9,440 |
| AUTOMATIC DATA PROCESSING, INC. | 6,506 | 10,081 |
| BAXTER INTL INC | 3,068 | 3,147 |
| BECTON DICKINSON & COMPANY | 6,306 | 7,395 |
| CHURCH & DWIGHT COMPANY INC. | 5,871 | 9,822 |
| CLOROX COMPANY | 10,559 | 9,587 |
| COCA-COLA COMPANY | 7,188 | 10,129 |
| ECOLAB INC | 10,327 | 8,764 |
| EMERSON ELECTRIC COMPANY | 6,523 | 7,397 |
| GENERAL DYNAMICS CORP. | 7,323 | 9,514 |
| GENUINE PARTS COMPANY | 5,051 | 6,783 |
| HOME DEPOT INC | 5,468 | 7,131 |
| ILLINOIS TOOL WORKS, INC | 5,910 | 6,926 |
| JOHNSON & JOHNSON | 6,404 | 8,343 |
| LINDE PLC | 6,734 | 10,351 |
| LOCKHEED MARTIN CORP | 8,471 | 9,459 |
| MARSH & MCLENNAN COS INC | 8,141 | 10,712 |
| MEDTRONIC PLC | 5,897 | 6,013 |
| MERCK & COMPANY INC NEW | 7,664 | 10,302 |
| MICROSOFT CORP | 4,028 | 8,732 |
| PEPSICO INC | 5,625 | 7,833 |
| PFIZER INC | 6,339 | 9,857 |
| PROCTER & GAMBLE COMPANY | 6,283 | 8,627 |
| SMUCKER JM COMPANY NEW | 8,535 | 8,705 |
| STARBUCKS CORP | 5,928 | 6,340 |
| UNION PACIFIC CORP | 4,101 | 6,185 |
| UNITEDHEALTH GROUP INC. | 4,561 | 11,300 |
| VISA INC | 6,609 | 7,679 |
| WAL-MART STORES INC. | 3,815 | 5,471 |
| WASTE MANAGEMENT INC | 7,921 | 10,250 |
| TARGET CORP | 8,712 | 8,475 |
| EMECTA CORP | 149 | 152 |
| CUMMINS INC | 9,265 | 8,709 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX EXPENSE | 3,738 | 935 | 2,803 | |
| BANK FEES | 33 | 8 | 25 | |
| OFFICE EXPENSE | 199 | 50 | 149 | |
| STATE TAXES | 307 | 77 | 230 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| STIFEL - INVESTMENT ADJUSTMENT | 1,420 | 9,458 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEE | 4,081 | 4,081 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 2,575 | 0 | 0 |