| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING | 4,000 | 0 | 4,000 | |
| TAX RETURN PREPARATION | 3,100 | 0 | 3,100 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AIR PRODUCTS AND CHEMICALS INC (APD) 55.000 SHARES | 13,023 | 15,059 |
| ALPHABET INC CLASS C (GOOG) 400.000 SHARES | 18,340 | 56,372 |
| AMAZON.COM INC (AMZN) 400.000 SHARES | 22,110 | 60,776 |
| AMERICAN ELECTRIC POWER CO INC (AEP) 65.000 SHARES | 5,950 | 5,279 |
| AMERICAN WATER WORKS CO INC (AWK) 95.000 SHARES | 13,254 | 12,539 |
| AMETEK INC (AME) 90.000 SHARES | 12,856 | 14,840 |
| APPLE INC (AAPL) 600.000 SHARES | 8,473 | 115,518 |
| ARES MANAGEMENT CORP CL A (ARES) 300.000 SHARES | 12,814 | 35,676 |
| ASTRAZENECA PLC SPONS ADR (AZN) 650.000 SHARES | 24,755 | 43,778 |
| BLACKROCK INC (BLK) 45.000 SHARES | 11,774 | 36,531 |
| BRISTOL-MYERS SQUIBB CO (BMY) 182.000 SHARES | 13,653 | 9,338 |
| BROADCOM INC (AVGO) 13.000 SHARES | 5,963 | 14,511 |
| CHARLES SCHWAB CORP/THE (SCHW) 295.000 SHARES | 11,935 | 20,296 |
| COMCAST CORP CL A (CMCSA) 470.000 SHARES | 19,913 | 20,609 |
| CONSTELLATION BRANDS INC CL A (STZ) 110.000 SHARES | 22,398 | 26,593 |
| COSTCO WHOLESALE CORP (COST) 70.000 SHARES | 7,852 | 46,206 |
| CROWN CASTLE INC (CCI) 120.000 SHARES | 15,699 | 13,823 |
| CVS HEALTH CORP (CVS) 72.000 SHARES | 6,961 | 5,685 |
| DANAHER CORP (DHR) 170.000 SHARES | 7,227 | 39,328 |
| DOVER CORP (DOV) 65.000 SHARES | 9,645 | 9,998 |
| EATON CORP PLC (ETN) 125.000 SHARES | 19,029 | 30,103 |
| ECOLAB INC (ECL) 100.000 SHARES | 10,798 | 19,835 |
| ELECTRONIC ARTS INC (EA) 250.000 SHARES | 29,121 | 34,202 |
| HONEYWELL INTERNATIONAL INC (HON) 150.000 SHARES | 15,354 | 31,457 |
| IQVIA HOLDINGS INC (IQV) 95.000 SHARES | 6,189 | 21,981 |
| JPMORGAN CHASE & CO (JPM) 235.000 SHARES | 8,992 | 39,973 |
| MASTERCARD INC CL A (MA) 35.000 SHARES | 14,859 | 14,928 |
| MCDONALD'S CORP (MCD) 50.000 SHARES | 5,904 | 14,826 |
| MERCK & CO INC (MRK) 175.000 SHARES | 9,609 | 19,079 |
| MICROCHIP TECHNOLOGY INC (MCHP) 400.000 SHARES | 18,251 | 36,072 |
| MICROSOFT CORP (MSFT) 280.000 SHARES | 15,631 | 105,291 |
| MORGAN STANLEY (MS) 300.000 SHARES | 12,868 | 27,975 |
| NEXTERA ENERGY INC (NEE) 310.000 SHARES | 22,092 | 18,829 |
| NIKE INC CL B (NKE) 150.000 SHARES | 5,423 | 16,286 |
| NORTHROP GRUMMAN CORP (NOC) 30.000 SHARES | 13,928 | 14,044 |
| NVIDIA CORP (NVDA) 120.000 SHARES | 6,728 | 59,426 |
| PEPSICO INC (PEP) 195.000 SHARES | 25,825 | 33,119 |
| PROCTER & GAMBLE CO/THE (PG) 100.000 SHARES | 12,561 | 14,654 |
| REPUBLIC SERVICES INC CL A (RSG) 100.000 SHARES | 14,309 | 16,491 |
| SALESFORCE INC (CRM) 100.000 SHARES | 7,026 | 26,314 |
| SERVICENOW INC (NOW) 45.000 SHARES | 4,494 | 31,792 |
| STARBUCKS CORP (SBUX) 145.000 SHARES | 5,622 | 13,921 |
| STRYKER CORP (SYK) 65.000 SHARES | 12,689 | 19,465 |
| TEXAS INSTRUMENTS INC (TXN) 75.000 SHARES | 13,299 | 12,784 |
| TJX COS INC/THE (TJX) 235.000 SHARES | 12,469 | 22,045 |
| UNITEDHEALTH GROUP INC (UNH) 55.000 SHARES | 13,868 | 28,956 |
| VISA INC CL A (V) 100.000 SHARES | 4,377 | 26,035 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ABSOLUTE CONVERTIBLE ARBITRAGE FUND (ARBIX) 1,166.970 SHARES | AT COST | 13,000 | 12,755 |
| BLACKROCK EVENT DRIVEN EQUITY FUND (BILPX) 1,298.700 SHARES | AT COST | 13,000 | 12,974 |
| CLARION PARTNERS REAL ESTATE INCOME FUND (CPREX) 1,093.360 SHARES | AT COST | 13,000 | 12,934 |
| FASF-K2 ALTERNATIVE STRATEGIES FUND CL Z (FABZX) 1,173.290 SHARES | AT COST | 13,000 | 12,895 |
| ISHARES 3-7 YEAR TREASURY BOND ETF (IEI) 555.000 SHARES | AT COST | 65,056 | 65,007 |
| ISHARES INTERMEDIATE-TERM CORP BOND ETF (IGIB) 735.000 SHARES | AT COST | 38,431 | 38,220 |
| ISHARES MBS ETF (MBB) 450.000 SHARES | AT COST | 44,029 | 42,336 |
| ISHARES SHORT-TERM CORPORATE BOND ETF (IGSB) 1,550.000 SHARES | AT COST | 83,094 | 79,476 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 250 | 0 | 250 | |
| OFFICE AND OTHER EXPENSES | 20 | 0 | 20 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SECURITIES LITIGATION PROCEEDS | 183 | 183 | 183 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT AND ADVISORY | 7,143 | 7,143 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX PAID | 2,410 | 0 | 0 |