| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES - CLIFTONLARSONALLEN | 6,268 | 3,134 | 3,134 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 617,480 | 601,374 |
| ALLSTATE CORP | 401,876 | 399,392 |
| AMAZON.COM INC | 621,538 | 606,270 |
| ARCHER-DANIELS-MIDLAND C | 341,803 | 335,020 |
| BANK OF AMERICA CORP | 630,796 | 591,780 |
| BORGWARNER INC | 635,944 | 587,412 |
| CARDINAL HEALTH INC | 618,306 | 593,712 |
| COMCAST CORP NEW NT | 622,702 | 601,434 |
| CONOCOPHILLIPS CO | 601,835 | 597,450 |
| CSX CORP | 340,547 | 328,636 |
| DUKE ENERGY CORP 2.150 | 408,376 | 399,580 |
| DUPONT DE NEMOURS INC | 621,412 | 603,612 |
| GENERAL DYNAMICS CORP | 297,078 | 272,283 |
| HOME DEPOT INC | 629,545 | 606,012 |
| IBM CORP NOTE | 601,630 | 599,700 |
| JOHN DEER CAPITAL CORP | 616,227 | 602,826 |
| MCDONALD'S CORP | 634,441 | 598,164 |
| PEPSICO | 397,462 | 383,120 |
| PFIZER INC | 593,262 | 558,642 |
| PHILIPS | 595,734 | 596,286 |
| PNC BANK | 202,016 | 200,544 |
| QUALCOMM INC | 623,913 | 596,808 |
| TARGET | 617,376 | 579,180 |
| UNITEDHEALTH GROUP INC | 630,609 | 599,190 |
| VERIZON COMMUNICATIONS | 623,724 | 597,768 |
| WALMART INC | 356,734 | 352,821 |
| WELLS FARGO & COMPANY | 652,470 | 589,296 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AAON INC COM | 69,174 | 128,029 |
| AAON INC COM | 287,704 | 246,420 |
| ABIOMED INC COM | 144,415 | 205,928 |
| ABIOMED INC COM | 283,433 | 484,130 |
| ADVANCED DRAINAGE SYSTEMS INC | 292,603 | 296,420 |
| ADVANCED DRAINAGE SYSTEMS INC | 790,084 | 820,808 |
| ALARM.COM HOLDINGS INC | 320,413 | 249,172 |
| ALARM.COM HOLDINGS INC | 114,334 | 169,620 |
| ALIGN TECHNOLOGY INC COM | 135,474 | 238,800 |
| ALLEGIANT TRAVEL CO COM | 99,631 | 88,776 |
| AMPHENOL CORP CL A COM | 298,820 | 791,616 |
| ANSYS INC | 270,163 | 625,504 |
| AVID BIOSERVICES INC | 61,634 | 47,291 |
| AXON ENTERPRISE INC | 206,418 | 148,792 |
| AXON ENTERPRISE INC | 667,493 | 567,312 |
| AXOS FINANCIAL INC COM | 44,896 | 73,457 |
| BALCHEM CORP COM | 208,778 | 205,508 |
| BALCHEM CORP COM | 101,626 | 199,540 |
| BARNES GROUP INC COM | 53,213 | 43,845 |
| BIOLIFE SOLUTIONS INC | 131,306 | 45,863 |
| BIO-TECHNE CORP COM | 50,848 | 187,532 |
| BIO-TECHNE CORP COM | 301,753 | 255,127 |
| BLACKBAUD INC JCOM | 81,573 | 88,963 |
| BLACKLINE INC COM | 457,176 | 442,357 |
| BLACKLINE INC COM | 80,833 | 120,746 |
| BLACKLINE INC COM | 178,313 | 161,838 |
| BRIGHT HORIZONS FAMILY SOLUTIONS INC COM | 204,526 | 122,131 |
| BRIGHT HORIZONS FAMILY SOLUTIONS INC COM | 52,649 | 106,242 |
| BROADRIDGE FINL SOLUTIONS LLC COM | 289,846 | 567,919 |
| BROOKS AUTOMATION INC COM | 112,514 | 116,586 |
| BURLINGTON STORES INC. | 642,918 | 464,136 |
| BURLINGTON STORES INC. COM | 200,701 | 146,175 |
| CADENCE DESIGNS SYSTEMS INC COM | 268,167 | 276,655 |
| CATALENT INC COM | 669,030 | 725,817 |
| CERENCE INC COM | 58,948 | 19,225 |
| CHARLES RIVER LABORATORIES COM | 156,744 | 114,046 |
| CHURCH & DWIGHT INC | 180,152 | 483,685 |
| CHURCH & DWIGHT INC COM | 149,650 | 292,713 |
| COGNEX CORP COM | 177,828 | 163,149 |
| CONSTRUCTION PARTNERS INC A | 171,290 | 109,642 |
| COPART INC | 272,503 | 951,101 |
| COPART INC COM | 129,060 | 354,884 |
| COSTAR GROUP INC COM | 336,733 | 667,228 |
| COSTAR GROUP INC COM | 192,433 | 272,449 |
| DESCARTES SYSTEMSGRP | 100,976 | 190,586 |
| DONALDSON INC COM | 65,431 | 74,232 |
| DORMAN PRODUCTS INC COM | 57,298 | 121,230 |
| ENVESTNET INC COM | 102,529 | 121,793 |
| EPAM SYSTEMS INC COM | 155,344 | 176,868 |
| EPAM SYSTEMS INC COM | 395,482 | 570,399 |
| EPLUS INC COM | 93,563 | 157,873 |
| ESCO TECHNOLOGIES INC COM | 166,681 | 127,031 |
| ETSY INC COM | 269,838 | 170,213 |
| EVO PAYMENTS INC CLASS A | 110,483 | 97,914 |
| EVOQUA WATER TECHNOLOGIES CO COM | 118,352 | 121,490 |
| EXLSERVICE HOLDINGS INC | 94,747 | 259,153 |
| EXLSERVICE HOLDINGS INC COM | 321,313 | 463,353 |
| EXPONENT INC COM | 367,427 | 381,155 |
| EXPONENT INC COM | 83,799 | 269,013 |
| FAIR ISAAC CORP COM | 413,481 | 339,963 |
| FAIR ISAAC CORP COM | 48,913 | 225,306 |
| FISERV INC | 199,726 | 586,668 |
| FORTUNE BRANDS HOME & SECURITY | 140,874 | 161,676 |
| FOX FACTORY HOLDING | 91,229 | 194,182 |
| FOX FACTORY HOLDING CORP COM | 261,578 | 138,046 |
| FRESHPET INC | 299,621 | 109,592 |
| GARTNER INC COM | 300,323 | 671,320 |
| GENERAC HOLDINGS INC COM | 726,303 | 574,462 |
| GLOBAL PAYMENTS INC COM | 645,657 | 503,412 |
| GLOBUS MEDICAL INC COM | 116,280 | 170,329 |
| HEALTHEQUITY INC | 81,295 | 106,573 |
| HEALTHEQUITY INC COM | 113,374 | 111,177 |
| HEICO CORP CL A COM | 562,455 | 509,302 |
| HUBSPOT INC COM | 440,060 | 537,262 |
| I3 VERTICLES INC-CLASS A | 100,372 | 99,154 |
| I3 VERTICLES INC-CLASS A | 239,882 | 192,479 |
| IDEX CORP | 358,806 | 656,592 |
| IDEXX LABORATORIES | 258,438 | 630,613 |
| INTERCONTINENTAL EXCHANGE INC | 236,581 | 554,742 |
| INTUIT INC COM | 314,495 | 1,023,343 |
| J & J SNACK FOODS CORP COM | 94,823 | 127,929 |
| JB HUNT TRANSPORT SVCS INC COM | 84,182 | 153,218 |
| KEYSIGHT TECHNOLOGIES INC COM | 798,669 | 937,518 |
| KEYSIGHT TECHNOLOGIES INC COM | 211,526 | 263,707 |
| KINSALE CAPITAL GROUP INC COM | 78,690 | 332,059 |
| LEMAITRE VASCULAR INC | 63,463 | 87,365 |
| LHC GROUP INC | 159,752 | 134,715 |
| LHC GROUP INC | 122,318 | 158,699 |
| LULULEMON ATHLETICA INC COM | 418,778 | 359,845 |
| MARKETAXESS HOLDINGS INC COM | 294,849 | 167,431 |
| MARTEN TRANSPORT LTD COM | 69,107 | 118,985 |
| MASIMO CORP COM | 17,261 | 84,805 |
| MONOLITHIC POWER SYSTEMS | 127,305 | 123,277 |
| MONOLITHIC POWER SYSTEMS INC COM | 330,399 | 369,831 |
| NEOGEN CORP COM | 53,064 | 84,170 |
| NOVANTA INC COM | 112,385 | 169,535 |
| NV5 GLOBAL INC | 73,746 | 72,729 |
| OLLIE'S BARGAIN OUTLET HOLDINGS INC COM | 85,608 | 94,176 |
| OLLIE'S BARGAIN OUTLET HOLDINGS INC COM | 164,941 | 108,923 |
| OMNICELL INC COM | 177,222 | 171,990 |
| OMNICELL INC COM | 67,737 | 211,461 |
| ONTO INNOVATION INC COM | 173,824 | 184,323 |
| O'REILLY AUTOMOTIVE INC NEW | 332,457 | 1,070,201 |
| PACIFIC PREMIER BANCORP | 91,302 | 72,895 |
| PACIFIC PREMIER BANCORP INC COM | 261,266 | 165,440 |
| PALOMAR HOLDING INC COM | 52,541 | 47,720 |
| PAYCOM SOFTWARE INC COM | 228,830 | 198,045 |
| PERFICIENT INC COM | 114,875 | 169,902 |
| PETIQ INC | 86,108 | 46,911 |
| POOL CORP | 527,769 | 974,312 |
| POOL CORPORATION COM | 230,834 | 381,787 |
| Q2 HOLDINGS INC COM | 102,630 | 63,988 |
| RAYMOND JAMES FINANCIAL | 219,939 | 431,493 |
| RBC BEARINGS INC COM | 116,277 | 226,194 |
| RBC BEARINGS INC COM | 287,405 | 265,773 |
| REPLIGEN INC COM | 475,203 | 547,126 |
| REPLIGEN INC COM | 223,002 | 261,789 |
| ROPER INDS INC | 221,903 | 580,925 |
| SEMTECH CORP COM | 106,114 | 74,374 |
| SIGNATURE BANK COM | 340,890 | 545,694 |
| SIGNATURE BANK COM | 85,166 | 150,536 |
| SITEONE LANDSCAPE SUPPLY INC COM | 89,449 | 129,093 |
| SPS COMMERCE INC COM | 85,587 | 78,118 |
| SS&C TECHNOLOGIES HLDGS INC | 126,049 | 200,342 |
| STAAR SURGICAL CO | 93,107 | 142,853 |
| STAAR SURGICAL CO | 150,418 | 160,231 |
| STERIS PLC | 340,407 | 725,648 |
| TECHTARGET | 115,137 | 97,134 |
| TEXAS ROADHOUSE INC | 77,364 | 126,782 |
| THE COOPER COS INC COM | 141,960 | 237,658 |
| TREX COMPANY | 41,240 | 135,016 |
| TREX COMPANY INC COM | 295,217 | 170,661 |
| TRIMBLE NAVIGATION LTD | 226,357 | 352,350 |
| TWILIO INC CL A COM | 268,696 | 87,246 |
| TYLER TECHNOLOGIES | 316,879 | 701,200 |
| TYLER TECHNOLOGIES INC COM | 10,642 | 68,491 |
| ULTA BEAUTY INC COM | 310,314 | 514,230 |
| VERISK ANALYTICS INC. | 296,401 | 596,814 |
| WATSCO INC | 275,146 | 417,696 |
| WATSCO INC COM | 189,511 | 206,818 |
| WD-40 CO | 67,011 | 77,524 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES - GODFREY AND KAHN | 1,555 | 777 | 778 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NOTE RECEIVABLE - PROVIDENCE ACADEMY | 3,067,392 | 5,339,532 | 5,339,532 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO DONATED SECURITIES TO TAX BASIS | 1,970,547 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 940 | 220 | 220 | |
| BANK SERVICE CHARGES | 16 | 0 | 16 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 294,189 | 294,189 | 0 | |
| INVESTMENT CUSTODIAN FEES | 35,750 | 35,750 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 196,228 | 0 | 0 |