| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 6,500 | 6,500 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Ace Ina Holdings Inc NTS | 249,542 | 250,083 |
| Bank of America Corp Med Term NTS | 174,537 | 175,291 |
| Statoil ASA B/E | 169,580 | 174,841 |
| Wal-Mart Stores Inc B/E | 98,710 | 100,005 |
| Oracle Corp NTS B/E | 252,707 | 249,273 |
| San Diego Gas & Elec Co | 251,782 | 251,718 |
| Johnson & Johnson B/E | 377,675 | 376,883 |
| IBM Corp B/E | 252,085 | 250,683 |
| Caterpillar Inc B/E | 175,696 | 175,728 |
| Costco Whsl Corp NTS B/E | 247,158 | 248,493 |
| Amgen Inc NTS B/E | 100,633 | 99,873 |
| CME Group Inc | 170,764 | 172,956 |
| Shell Intl Fin NTS B/E | 247,183 | 247,155 |
| Intel Corp B/E | 151,365 | 151,082 |
| Novartis Cptl Corp NTS | 260,024 | 257,085 |
| VISA Inc NTS B/E | 278,586 | 271,904 |
| Citigroup Inc | 173,422 | 171,621 |
| Morgan Stanley NTS B/E | 174,771 | 172,538 |
| Comcast Corp B/E | 168,871 | 170,534 |
| Berkshire Hathaway Inc | 349,768 | 343,361 |
| Pfizer Inc B/E | 245,018 | 244,888 |
| Microsoft Corp B/E | 403,323 | 397,992 |
| Nuveen Preferred Securities and Inc | 302,641 | 269,596 |
| Astrazeneca PLC B/E | 322,940 | 297,381 |
| Baker Hughes LLC / CO-OBL | 269,796 | 236,438 |
| Starbucks Corp NTS B/E | 332,222 | 282,288 |
| State Street Corp B/E | 276,295 | 227,308 |
| Invesco Exchange Traded Self Indexed Fd Tr Bulletshares 2023 High Yield Corp | 164,140 | 160,580 |
| MFS Ser Tr X Emerging Market Debt Fund Class I | 177,272 | 156,299 |
| Amazon Com B/E | 240,210 | 243,445 |
| Bank New York Mellon Senior Notes | 245,808 | 239,995 |
| Anthem Inc NTC | 250,184 | 247,815 |
| Lam Research Corp Senior Unsecured | 248,440 | 246,143 |
| Berkshire Hathaway Energy Co | 242,358 | 240,440 |
| Brookfield Fin I UK PLC SR | 249,973 | 201,498 |
| Diageo Cap PLC Senior Unsecured Note | 201,718 | 167,308 |
| IShares Trust JP Morgan USD Emerging Markets Bond ETF | 99,103 | 88,136 |
| SSGA Active Trust SPDR Blackstone Senior Loan ETF | 144,910 | 134,539 |
| Vanguard Intermediate Term Corporate Bond ETF | 133,945 | 127,072 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Abbott Labs | 63,167 | 93,765 |
| Abbvie Inc | 93,757 | 149,484 |
| Aflac Inc | 83,274 | 104,629 |
| Air Prod & Chemical Inc | 105,808 | 128,897 |
| Archer Daniels Midland Co | 72,291 | 136,110 |
| Automatic Data Processing Inc | 80,527 | 109,641 |
| Chevron Corp | 82,895 | 113,363 |
| Cinn Financial Corp | 63,577 | 105,416 |
| Cintas Corp | 78,982 | 124,012 |
| Coca Cola Co | 52,291 | 72,158 |
| Dover Corp | 57,615 | 69,152 |
| Ecolab Inc | 80,210 | 71,037 |
| Emerson Electric Co | 83,641 | 94,096 |
| Genl Dynamics Corp | 66,346 | 90,934 |
| Genuine Parts Co | 72,230 | 101,479 |
| Hormel Foods Corp | 69,727 | 68,009 |
| Illinois Tool Works Inc | 108,792 | 111,173 |
| Johnson & Johnson Com | 77,338 | 100,116 |
| Lowes Companies Inc | 58,317 | 91,178 |
| McDonalds Corp | 77,889 | 111,096 |
| Pepsico Inc | 109,037 | 145,661 |
| Price T Rowe Group Inc | 111,182 | 96,569 |
| Procter & Gamble Co | 80,995 | 111,006 |
| Roper Technologies Inc | 70,144 | 89,586 |
| S&P Global Inc | 108,405 | 146,958 |
| Sherwin Williams Co | 49,862 | 83,518 |
| Stanley Black & Decker Inc | 79,755 | 64,908 |
| Target Corp | 63,184 | 84,738 |
| Walmart Inc | 88,044 | 96,899 |
| IShares Core S&P Small-Cap ETF | 194,225 | 209,771 |
| Chubb LTD CHF | 74,961 | 118,734 |
| Albemarle Corp | 60,988 | 108,879 |
| AMCOR PLC | 85,336 | 98,048 |
| ATMOS Energy Corp | 120,047 | 121,741 |
| Essex Property Trust Inc | 123,543 | 112,711 |
| Linde PLC EUR | 63,732 | 85,109 |
| Realty Income Corp MD SBI | 147,773 | 160,070 |
| Caterpillar Inc | 86,284 | 86,162 |
| Church & Dwight Co Inc | 97,530 | 93,587 |
| Kimberly Clark Corp | 61,981 | 63,250 |
| Nextera Energy Inc Com | 110,639 | 109,296 |
| Smith A O Corp | 86,583 | 92,628 |
| Consolidated Edison Inc | 73,840 | 81,691 |
| Gilead Sciences Inc | 100,319 | 101,121 |
| International Business Machines Corp | 91,191 | 96,433 |
| Keycorp New | 101,057 | 91,595 |
| McCormick & Co Inc | 75,974 | 63,270 |
| Crown Castle International Corp | 85,228 | 83,685 |
| First Trust North American Energy Infrastructure Fund | 110,102 | 101,107 |
| IShares Core S&P Mid-Cap ETF | 344,741 | 300,207 |
| IShares Core S&P 500 ETF | 873,444 | 741,238 |
| Select Sector SPDR Trust The Technology Select Sector SPDR Fund | 170,278 | 140,595 |
| Vanguard FTSE Developed Markets ETF | 884,803 | 760,961 |
| Vanguard FTSE Emerging Markets ETF FTSE Emerging Index | 232,076 | 209,583 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Blackstone RE Income Trust Inc | AT COST | 1,348,211 | 2,819,714 |
| Starwood Real Estate Income Trust Inc | AT COST | 674,105 | 1,300,711 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal | 479 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Registration fees | 50 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Advisory | 92,217 | 92,217 | 0 |