| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 23,000 | 5,750 | 17,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MS T ROWE PRIE GROUP INC (TROW) 23,500.00 SH | 2,530,715 | 2,530,715 |
| VANGUARD DEVELOPING MARKETS INDEX ADMIRAL (VTMGX) 168,361.9012SH | 2,592,773 | 2,592,773 |
| VANGUARD DIVIDEND GROWTH FUND (VDIGX) 89,185.805SH | 3,318,604 | 3,318,604 |
| VANGUARD GLOBAL EQUITY FUND (VHGEX) 170,954.314SH | 5,581,658 | 5,581,658 |
| VANGUARD GROWTH INDEX ADMIRAL (VIGAX) 22,132.057SH | 3,541,129 | 3,541,129 |
| VANGUARD MID CAP GROWTH (VMGMX) 16,055.637SH | 1,517,739 | 1,517,739 |
| VANGUARD MID CAP INDEX FUND (VIMAX) 2,007.258SH | 578,231 | 578,231 |
| VANGUARD MID-CAP VAL INDEX ADMIRAL (VMVAX) 36,261.304SH | 2,722,499 | 2,722,499 |
| VANGUARD SMALL CAP FUND (VSMAX) 35,468.009SH | 3,624,476 | 3,624,476 |
| VANGUARD INTERNATIONAL STOCK LX ADMIRAL (VTIAX) 108,828.448SH | 3,387,830 | 3,387,830 |
| VANGUARD STOCK MARKET INDEX ADMIRAL (VTSAX) 29,047.406SH | 3,354,685 | 3,354,685 |
| VANGUARD INDEX FUND INST (VIVIX) 133,034.953SH | 7,754,607 | 7,754,607 |
| ALL-CAP OPPORTUNITIES - I CL | 3,725,343 | 3,725,343 |
| T ROWE PRICE EMERGING MARKETS STOCK (PRZIX) 29,231.573SH | 1,028,985 | 1,028,985 |
| T ROWE PRICE EQUITY INCOME - I CL (REIPX) 63,218.880SH | 2,265,938 | 2,265,938 |
| T ROWE PRICE EUROPEAN- I CL(TEUIX) 66,300.385SH | 1,973,081 | 1,973,081 |
| T ROWE PRICE GLOBAL STOCK - I CL (TRGLX) 45,411.504SH | 3,143,750 | 3,143,750 |
| T ROWE PRICE GLOBAL TECHNOLOGY I CL (PGTIX) 93,109.530SH | 1,466,475 | 1,466,475 |
| T ROWE PRICE INTERNATIONAL DISCOVERY - I CL (TIDDX) 45,841.640SH | 2,961,960 | 2,961,960 |
| T ROWE PRICE MID-CAP GROWTH (RPTIX) 26.342SH | 2,813 | 2,813 |
| T ROWE PRICE MID-CAP VALUE - I CL (TRMIX) 69,153.491SH | 3,115,726 | 3,115,726 |
| T ROWE PRICE SMALL-CAP VALUE - I CL (PRVIX) 46,156.330SH | 2,478,385 | 2,478,385 |
| T ROWE PRICE VALUE - I CL (TRPIX) 49,380.971SH | 2,129,541 | 2,129,541 |
| T ROWE PRICE U.S. EQUITY RESEARCH - I CL | 3,337,221 | 3,337,221 |
| WASATCH INTERNATIONAL GROWTH 35,047.620SH | 863,924 | 863,924 |
| DFA US LARGE CAP (DFLVX) 90,769.8510 SH | 4,042,889 | 4,042,889 |
| DFA SELECTIVELY HEDGE GLOBAL EQ I (DSHGX) 237,023.6800 SH | 4,569,817 | 4,569,817 |
| HARBOR LARGE CAP VALUE FUND - INST (HAVLX) 43,755.036SH | 942,921 | 942,921 |
| HARBOR SMALL CAP VALUE FUND - INST (HASCX) 17,958.996SH | 692,678 | 692,678 |
| HARBOR INTERNAT. SMALL CAP FUND. (HNISX) 124,051.567SH | 1,796,267 | 1,796,267 |
| HARBOR OVERSEAS FUND - RET (HAOSX) 75,852.101SH | 895,055 | 895,055 |
| VANGUARD SELECTED VALUE FUND (VASVX) | 577,218 | 577,218 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PANCO STRATEGIC RE FUND IV | FMV | 651,341 | 651,341 |
| PANCO STRATEGIC RE FUND V | FMV | 796,643 | 796,643 |
| MERGELANE VENTURE CAPITAL | FMV | 35,317 | 35,317 |
| TIFF PRIVATE EQUITY PARTNERS | FMV | 220,804 | 220,804 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 1,131 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PARTNERSHIP EXPENSES | 34,104 | 34,104 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 10,080,717 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 37,955 | 37,955 | 0 | |
| CONSULTING EXPENSES | 4,350 | 0 | 4,350 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 33,522 | 33,522 | 0 |