| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Abbvie Inc | 57,797 | 51,382 |
| Air Lease | 26,597 | 27,567 |
| Alexandria Real Estate | 23,603 | 20,007 |
| American Electric | 45,174 | 41,718 |
| American Express | 55,064 | 54,083 |
| American Honda | 55,248 | 55,988 |
| American Tower | 5,011 | 4,624 |
| American Tower Co | 20,861 | 18,938 |
| Amgen Inc | 56,045 | 51,163 |
| Anheuser-Busch | 50,820 | 45,685 |
| AT & T | 49,908 | 44,221 |
| Bank of America | 77,325 | 66,398 |
| Bank of Nova | 67,823 | 68,539 |
| Boston Properties | 25,367 | 24,969 |
| Capital One | 57,647 | 53,910 |
| Citigroup Inc | 87,308 | 77,044 |
| Comcast Corp | 79,986 | 72,354 |
| CVS Health Corp | 49,075 | 44,247 |
| Dominion Energy | 60,080 | 55,536 |
| Dr Pepper Snapple | 30,036 | 25,657 |
| DTE Electric | 54,497 | 55,178 |
| Elevance Health | 49,399 | 44,299 |
| Enbridge | 25,428 | 24,264 |
| Equinix Inc | 22,731 | 20,131 |
| Equinor ASA | 57,697 | 56,475 |
| Fifth Third Banco | 48,281 | 49,748 |
| Fiserv, Inc | 29,003 | 29,515 |
| Gilead Sciences | 52,793 | 48,969 |
| Goldman Sachs | 53,976 | 47,509 |
| Home Depot | 80,911 | 70,485 |
| Intel Corp | 77,931 | 76,353 |
| JPMorgan Chase | 87,314 | 73,578 |
| Kinder Morgan | 25,930 | 24,681 |
| Lincoln National | 19,940 | 17,696 |
| Morgan Stanley | 52,838 | 53,702 |
| Nextera Energy | 38,164 | 36,814 |
| PNC FINL | 47,480 | 48,430 |
| Prologis, Inc | 54,092 | 44,489 |
| PFIZER Invt | 59,729 | 60,150 |
| RTX Corp | 28,058 | 24,411 |
| Sempra | 54,116 | 52,148 |
| Simon Property | 40,737 | 39,260 |
| Toronto-Dom | 87,390 | 83,229 |
| US Bancorp | 53,688 | 52,148 |
| Verizon | 48,976 | 44,291 |
| Wells Fargo | 81,163 | 77,746 |
| Willis North Ame | 28,997 | 30,265 |
| Bond Amortization | 5,373 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Progressive Corp | 107,346 | 318,560 |
| Roper | 84,831 | 174,454 |
| Visa Inc | 12,432 | 179,642 |
| Fiserv Inc | 142,963 | 192,618 |
| Mastercard | 153,395 | 200,460 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Dodge & Cox Intl | 1,215,434 | 1,620,809 | |
| Vanguard Small Cap | 749,801 | 1,069,340 | |
| Applied Finance Select | 982,531 | 1,507,455 | |
| Champlain Mid Cap | 2,121,622 | 2,311,202 | |
| Harding Loevner Int | 1,283,015 | 1,452,587 | |
| Schwab S&P 500 Index | 3,298,756 | 4,970,881 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office expenses | 1,340 | 447 | 893 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| net capital gains | 462,235 | ||
| Tax exempt interest | 13,608 | ||
| Refund of taxes | 4,408 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Cap Trust investment fees | 32,520 | 32,520 | ||
| Janice Bourgeois tax consultations | 11,800 | 7,867 | 3,933 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 4,208 | 918 | 3,290 | |
| Foreign Taxes | 7,244 | 7,244 |