| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 13,465 | 13,465 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC 3.2% 11/21/29 | 5,423 | 4,593 |
| ALEXANDRIA RE EQUITIES 4.9% 12/15/30 | 6,030 | 4,897 |
| AMERICAN HONDA FIN CORP 4.95% 1/9/26 | 5,034 | 4,973 |
| AMERICAN TOWER CORP 3.125% 1/15/27 | 5,383 | 4,738 |
| AMGEN 2.2% 2/21/27 | 5,216 | 4,639 |
| ANTHEM INC 4.101% 3/1/28 | 5,662 | 4,834 |
| AON CORP 2.8% 5/15/30 | 5,506 | 4,386 |
| ASTRAZENECA PLC 3.125% 6/12/27 | 4,818 | 4,753 |
| AT&T 4.35% 3/1/29 | 5,017 | 4,849 |
| BANK MONTREAL MED-TRM 1.5% 10/1/25 | 4,783 | 4,893 |
| BANK MONTREAL MED-TRM 2.65% | 4,701 | 4,688 |
| BANK OF AMERICA 1.898% 7/23/31 | 10,135 | 8,244 |
| BOSTON PPTYS LP 2.75% 10/1/26 | 4,806 | 4,666 |
| CALVERT IMPACT CAPITAL 5.0% 6/15/29 | 25,000 | 25,000 |
| CALVERT SOCIAL INVT FNDTN 3.0% 3/14/25 | 9,963 | 10,000 |
| CAMPBERLL SOUP 4.15% 3/15/28 | 96,532 | 96,845 |
| CARRIER GLOBAL CORP 2.7% 2/15/31 | 4,287 | 4,305 |
| CITIGROUP 2.572% 6/3/31 | 5,332 | 4,295 |
| CITIGROUP 3.668% 7/24/28 | 4,951 | 4,767 |
| CVS HEALTH CORP 5.0% 1/30/29 | 99,792 | 98,974 |
| DEERE JOHN CAP CORP MED-TRM 4.75% 1/20/28 | 9,989 | 9,962 |
| DTE ELECTRIC CO 2020 SER A 2.25% 3/1/30 | 4,322 | 4,319 |
| EQUINIX INC 3.2% 11/18/29 | 5,295 | 4,510 |
| EVERSOURCE ENERGY 1.65% 8/15/30 | 4,437 | 4,036 |
| FIFTH THIRD BANCORP 6.361% 10/27/28 | 5,047 | 5,110 |
| GOLDMAN SACHS 3.5% 1/23/25 | 5,316 | 4,938 |
| GOLDMAN SACHS GROUP 3.814% 4/23/29 | 4,690 | 4,747 |
| HOME DEPOT 2.95% 6/15/29 | 10,042 | 9,166 |
| INTEL CORP 3.75% 8/5/27 | 9,001 | 8,681 |
| INTERNATIONAL BUSINESS MACHINES 4.5% 2/6/28 | 99,859 | 98,612 |
| INTERNATIONAL FIN CORP 0.75% 5/15/26 | 99,939 | 94,260 |
| JPMORGAN CHASE 2.58% 4/22/32 | 10,059 | 8,459 |
| KEURIG DR PEPPER INC 2.25% 3/15/31 | 4,262 | 4,168 |
| LOCAL INITITATIVES SUPPORT CORP 0.95% 12/15/25 | 100,014 | 92,674 |
| LOWES 4.5% 4/15/30 | 100,332 | 97,043 |
| MERCK & CO 2.15% 12/10/31 | 4,169 | 4,164 |
| MICRON TECHNOLOGY 4.185% 2/15/27 | 107,376 | 97,188 |
| MORGAN STANLEY 1.593% 5/4/27 | 4,936 | 4,661 |
| NATIONAL RURAL UTILS COOP 1.35% | 3,924 | 3,918 |
| NATURE CONSERVANCY 2.768% 3/1/27 | 100,014 | 93,347 |
| NEXTERA ENERGY 1.875% 1/15/27 | 4,769 | 4,608 |
| NORTHROP GRUMMAN 3.25% 1/15/28 | 4,830 | 4,711 |
| PROGRESSIVE CORP OH 3.0% 3/15/32 | 4,635 | 4,345 |
| ROYAL BK CDA GLOBAL MED-TRM 6.0% 11/1/27 | 5,254 | 5,123 |
| SEMPRA ENERGY 3.4% 2/1/28 | 5,452 | 4,704 |
| STATE STREET CORP 2.354% 11/1/25 | 4,999 | 4,940 |
| T MOBILE USA INC 4.8% 7/15/28 | 99,803 | 98,641 |
| TORONTO DOMINION BANK 0.75% 1/6/26 | 9,718 | 9,343 |
| TRUIST FINANCIAL CORP 1.267% | 9,301 | 9,299 |
| UNITED PARCEL SERVICE 3.4% 3/15/29 | 5,367 | 4,702 |
| UNITEDHEALTH GROUP 4.6% 4/15/27 | 4,965 | 4,960 |
| VERIZON 1.5% 9/18/30 | 4,994 | 4,083 |
| WORKDAY INC 3.5% 4/1/27 | 97,269 | 95,660 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES | 53,783 | 114,301 |
| ACCENTURE PLC IRELAND | 76,494 | 135,017 |
| ADOBE SYS | 87,544 | 105,553 |
| ALCON | 37,110 | 40,086 |
| ALPHABET CLASS A | 40,511 | 154,828 |
| ALPHABET CLASS A | 23,731 | 292,169 |
| AMAZON | 14,931 | 192,284 |
| AMPHENOL CORP | 45,498 | 134,740 |
| ANALOG DEVICES | 36,323 | 146,086 |
| APPLE | 25,818 | 42,545 |
| APPLE | 62,110 | 309,822 |
| APTARGROUP INC | 19,085 | 133,770 |
| APTIV PLC | 64,129 | 52,815 |
| BLACKSTONE GROUP INC | 17,908 | 80,222 |
| BLUEHUB LOAN FUND 2% 6/30/24 | 225,000 | 225,000 |
| CARRIER GLOBAL CORP | 54,053 | 126,160 |
| CEI INC NTS 2% 10/31/24 | 225,000 | 225,000 |
| CLOUDFLARE | 50,971 | 57,981 |
| COHEN & STEERS INSTL REALTY SHARES | 171,611 | 177,789 |
| CONESTOGA SMALL-CAP INSTL | 145,000 | 146,811 |
| COOPER COS | 52,802 | 54,126 |
| COSTCO | 33,180 | 186,148 |
| CRISPR THERAPEUTICS | 32,988 | 27,005 |
| CROWN HOLDINGS | 45,338 | 40,915 |
| DANAHER CORP | 49,585 | 103,688 |
| DANAHER CORP | 29,910 | 31,231 |
| ENPHASE ENERGY | 18,638 | 17,449 |
| GALLAGHER ARTHUR J & CO | 54,472 | 115,393 |
| GARMIN LTD | 49,195 | 105,572 |
| HOME DEPOT INC | 20,516 | 24,097 |
| HONEYWELL INTL INC | 50,652 | 51,036 |
| ISHARES TIPS | 179,706 | 182,701 |
| JP MORGAN CHASE & CO | 77,520 | 104,164 |
| KLA CORP | 90,231 | 212,724 |
| LOREAL EURO | 68,447 | 120,855 |
| MARRIOTT INTL | 46,720 | 78,575 |
| MASTERCARD | 29,148 | 165,435 |
| MCCORMICK & CO | 52,157 | 53,205 |
| MERCK & CO. | 54,811 | 121,572 |
| MICROSOFT | 50,771 | 156,433 |
| MICROSOFT | 68,685 | 417,004 |
| MSCI INC | 11,213 | 36,613 |
| NESTLE ADR | 32,799 | 122,940 |
| NEW YORK TIMES | 24,033 | 52,234 |
| NEXTERA ENERGY | 72,983 | 123,563 |
| NEXTRACKER INC CLASS A | 21,860 | 18,752 |
| NOVO NORDISK | 43,188 | 181,280 |
| NOVONESIS (NOVOZYMES) | 10,616 | 116,350 |
| ON SEMICONDUCTOR CORP | 50,559 | 44,900 |
| PEPSICO | 50,728 | 84,444 |
| PROLOGIS | 89,153 | 71,317 |
| REGENCY CTRS CORP | 60,699 | 59,090 |
| RELX PLC | 15,331 | 16,058 |
| ROCKWELL AUTOMATION | 60,353 | 165,168 |
| S&P GLOGAL | 45,875 | 49,060 |
| SCHNEIDER ELECTRIC | 51,525 | 69,714 |
| SHERWIN WILLIAMS CO | 33,511 | 44,765 |
| STONE RIDGE HIGH YLD REINSURANCE | 185,720 | 178,145 |
| SUNWEALTH LOAN COMPANY | 25,000 | 25,000 |
| T-MOBILE | 83,745 | 114,517 |
| TERADYNE | 34,565 | 44,487 |
| TOMRA SYSTEMS | 25,442 | 83,757 |
| UNION PACIFIC | 39,155 | 80,096 |
| UNITED RENTALS | 37,470 | 97,010 |
| VANGUARD TOTAL BOND MARKET | 179,769 | 181,566 |
| VERALTO CORP | 24,307 | 28,641 |
| VERMONT COMMUNITY LOAN FUND | 75,000 | 75,000 |
| VERTEX PHARMACEUTICALS | 16,364 | 16,405 |
| VERTIV HOLDINGS | 24,489 | 38,957 |
| VISA | 60,129 | 170,606 |
| VOLKSWAGEN | 39,107 | 33,889 |
| WASTE MANAGEMENT INC | 59,096 | 147,205 |
| XYLEM INC. | 32,458 | 135,630 |
| YANDEX | 3,701 | 4,334 |
| ZOETIS | 51,371 | 48,541 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| COLCHIS MARLETTE INCOME FUND | AT COST | 5,674 | 9,811 |
| FOUNDERS FIRST CHANGE CATALYST | AT COST | 200,000 | 200,000 |
| INCOME & IMPACT FUND | AT COST | 14,228 | 0 |
| MARLETTE FUNDING | AT COST | 37,700 | 65,111 |
| SUN INITIATIVE FINANCING | AT COST | 50,000 | 50,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 874 | 874 | 0 | |
| PHILANTHROPIC ADVISORY | 94,646 | 0 | 94,646 | |
| FILING FEES | 135 | 135 | 0 | |
| SOFTWARE & WEB SERVICES | 3,729 | 0 | 3,729 |
| Description | Amount |
|---|---|
| NET ASSET ADJUSTMENT | 1,495 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 84,409 | 84,409 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 4,176 | 4,176 | 0 | |
| FEDERAL EXCISE | 9,200 | 0 | 0 |