| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING AND TAX PREPARATION SERVICES | 18,440 | 0 | 18,440 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC DTD 5/14/15 3.600 5/14/2025 | 39,276 | 39,276 |
| AMAZON INC DTD 04/13/22 3.600 04/13/2032 | 42,866 | 42,866 |
| ANTHEM INC DTD 11/21/17 3.650 12/01/2027 | 43,649 | 43,649 |
| APPLE INC DTD 05/10/2023 4.300 05/10/2033 | 30,466 | 30,466 |
| BANK OF AMERICA CORP DTD 10/21/16 3.248 10/21/2027 | 38,058 | 38,058 |
| BANK OF MONTREAL DTD 06/28/19 2.500 06/28/2024 | 19,705 | 19,705 |
| BMO HARRIS BANK 3.550% DUE 07/11/25 DTD 07/11/22 | 242,466 | 242,466 |
| BRISTOL-MYERS SQUIBB CO DTD 11/13/20 1.125 11/13/2027 | 35,531 | 35,531 |
| BUNGE LTD FINANCE CORP DTD 08/17/20 1.630 08/17/2025 | 37,814 | 37,814 |
| CAPITAL ONE 3.400% DUE 07/07/25 DTD 07/07/22 | 244,275 | 244,275 |
| CAPITAL ONE BANK 3.400% DUE 07/07/25 DTD 07/07/22 | 244,275 | 244,275 |
| CAPITAL ONE FINANCIAL CO DTD 03/09/17 3.750 03/09/2027 | 33,418 | 33,418 |
| CHEVRON CORP DTD 05/11/20 1.554 05/11/2025 | 33,560 | 33,560 |
| CITIGROUP INC DTD 10/14/22 | 28,037 | 28,037 |
| COMCAST CORP DTD 10/05/18 4.150 10/15/2028 | 44,373 | 44,373 |
| CVS HEALTH CORP DTD 8/21/20 1.300 8/21/2027 | 35,526 | 35,526 |
| DIGITAL REALTY TRUST LP DTD 08/07/17 3.700 08/15/2027 | 28,930 | 28,930 |
| DOLLAR GENERAL CORP DTD 06/07/23 5.450 07/05/2033 | 20,356 | 20,356 |
| EQUINIX INC DTD 10/07/20 1.000 09/15/2025 | 23,321 | 23,321 |
| EQUINIX INC DTD 10/07/20 1.550 03/15/2028 | 8,772 | 8,772 |
| FEDEX CORP DTD 04/29/21 2.400 05/15/2031 | 12,911 | 12,911 |
| GOLDMAN SACHS GROUP INC DTD 05/22/15 3.750 05/22/2025 | 34,279 | 34,279 |
| GOLDMAN SACHS GROUP INC DTD 10/21/21 | 49,926 | 49,926 |
| GS FINANCE CORP 0.000% DUE 05/02/24 DTD 04/05/23 | 42,362 | 42,362 |
| HSBC USA INC MKT PARTN SECS LKD SPX 02/03/2023 | 36,998 | 36,998 |
| INTEL CORP DTD 08/05/22 4.150 08/05/2032 | 19,544 | 19,544 |
| JPMORGAN CHASE & CO DTD 06/23/21 | 49,908 | 49,908 |
| JPMORGAN CHASE & CO DTD 07/21/16 2.950 10/01/2026 | 38,103 | 38,103 |
| JPMORGAN CHASE & CO DTD 11/29/17 | 25,014 | 25,014 |
| JPMORGAN CHASE & CO DTD 12/27/22 | 55,510 | 55,510 |
| LOWE'S COS INC DTD 10/22/20 1.700 10/15/2030 | 45,679 | 45,679 |
| MORGAN STANLEY DTD 01/20/17 3.625 01/20/2027 | 14,542 | 14,542 |
| O'REILLY AUTOMOTIVE INC DTD 06/15/22 4.700 06/15/2032 | 44,514 | 44,514 |
| PNC FINANCIAL SERVICES DTD 01/22/20 2.550 01/22/2030 | 17,495 | 17,495 |
| ROPER TECHNOLOGIES INC DTD 09/01/20 1.000 09/15/2025 | 17,760 | 17,760 |
| ROYAL BANK OF CANADA DTD 04/27/21 1.200 04/27/2026 | 36,954 | 36,954 |
| SIMMONS BANK PINE BLUFF AR FDIC 05/05/23 | 50,000 | 50,000 |
| UNION PACIFIC CORP DTD 05/20/2021 2.375 05/20/2031 | 34,772 | 34,772 |
| WALT DISNEY COMPANY/THE DTD 09/06/19 2.000 09/01/2029 | 35,491 | 35,491 |
| WELLS FARGO BANK NA SIOUX FALLS DUE 11/25/24 DTD 05/23/23 | 39,970 | 39,970 |
| WESTPAC BANKING CORP DTD 01/25/18 3.400 01/25/2028 | 38,161 | 38,161 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABORATORIES 291 SHRS | 32,030 | 32,030 |
| ABBVIE INC 298 SHRS | 46,181 | 46,181 |
| ADOBE INC 60 SHRS | 35,796 | 35,796 |
| ADVANCED MICRO DEVICES INC 345 SHRS | 50,856 | 50,856 |
| AGILENT TECHNOLOGIES INC 55 SHRS | 7,647 | 7,647 |
| AIRBUS SE 66 SHRS | 2,546 | 2,546 |
| ALPHABET INC CL A 400 SHRS | 55,876 | 55,876 |
| ALPHABET INC CL C 1160 SHRS | 163,479 | 163,479 |
| AMAZON.COM INC 200 SHRS | 30,388 | 30,388 |
| AMERICAN WATER WORKS COMPANY INC 126 SHRS | 16,631 | 16,631 |
| AMGEN INC 176 SHRS | 50,691 | 50,691 |
| ANALOG DEVICES INC 300 SHRS | 59,568 | 59,568 |
| ANALOG DEVICES INC 9 SHRS | 1,787 | 1,787 |
| ANSYS INC 9 SHRS | 3,266 | 3,266 |
| AON PLC 12 SHRS | 3,492 | 3,492 |
| APPLE INC 435 SHRS | 83,751 | 83,751 |
| APPLE INC 1107 SHRS | 213,131 | 213,131 |
| ARCH CAPITAL GROUP LTD 100 SHRS | 7,427 | 7,427 |
| ARES MANAGEMENT CORPORATION 28 SHRS | 3,330 | 3,330 |
| ASTRAZENECA PLC SPONSORED ADR 35 SHRS | 2,357 | 2,357 |
| AUTODESK INC 37 SHRS | 9,009 | 9,009 |
| AXA - ADR SPONSORED ADR 111 SHRS | 3,628 | 3,628 |
| BLACKROCK INC 51 SHRS | 41,402 | 41,402 |
| BLACKSTONE INC 430 SHRS | 56,296 | 56,296 |
| BOEING CO 215 SHRS | 56,042 | 56,042 |
| BOOKING HOLDINGS INC 16 SHRS | 56,756 | 56,756 |
| BOOZ ALLEN HAMILTON HOLDING CORP CL A 196 SHRS | 25,070 | 25,070 |
| BRISTOL MYERS SQUIBB COMPANY 269 SHRS | 13,802 | 13,802 |
| BROADCOM INC 30 SHRS | 33,488 | 33,488 |
| BROADCOM INC 90 SHRS | 100,463 | 100,463 |
| BROOKFIELD ASSET MANAGEMENT LT 132 SHRS | 5,302 | 5,302 |
| BROOKFIELD CORP 687 SHRS | 27,562 | 27,562 |
| BROOKFIELD INFRASTRUCTURE-A 357 SHRS | 12,595 | 12,595 |
| BROOKFIELD RENEWABLE CORP 185 SHRS | 5,326 | 5,326 |
| BROWN & BROWN INC 211 SHRS | 15,004 | 15,004 |
| BROWN FORMAN CORP CL B 40 SHRS | 2,284 | 2,284 |
| CARMAX INC COM 154 SHRS | 11,818 | 11,818 |
| CBRE GROUP INC 115 SHRS | 10,705 | 10,705 |
| CELANESE CORP 449 SHRS | 69,761 | 69,761 |
| CHEVRON CORP 33 SHRS | 4,922 | 4,922 |
| CHURCH & DWIGHT COMPANY INC 298 SHRS | 28,179 | 28,179 |
| CISCO SYSTEMS INC 841 SHRS | 42,487 | 42,487 |
| CISCO SYSTEMS INC 41 SHRS | 2,071 | 2,071 |
| CITIGROUP INC. 846 SHRS | 43,518 | 43,518 |
| CME GROUP INCE 19 SHRS | 4,001 | 4,001 |
| COCA-COLA EUROPACIFIC PARTNERS PLC 56 SHRS | 3,737 | 3,737 |
| COGNEX CORP 22 SHRS | 918 | 918 |
| COGNIZANT TECH SOLUTIONS CRP COM 458 SHRS | 34,593 | 34,593 |
| COMCAST CORP CLASS A 81 SHRS | 3,552 | 3,552 |
| COMCAST CORP CLASS A 499 SHRS | 21,881 | 21,881 |
| COPART INC COM 544 SHRS | 26,656 | 26,656 |
| CORNING INC 1023 SHRS | 31,150 | 31,150 |
| COSTAR GROUP, INC 271 SHRS | 23,683 | 23,683 |
| COSTCO WHOLESALE CORP 38 SHRS | 25,083 | 25,083 |
| CVS HEALTH CORP 414 SHRS | 32,689 | 32,689 |
| DEUTSCHE BOERSE AG 176 SHRS | 3,616 | 3,616 |
| DEUTSCHE POST AG 40 SHRS | 1,982 | 1,982 |
| DEUTSCHE TELEKOM AG - ADR SPONSORED ADR 127 SHRS | 3,065 | 3,065 |
| DIAGEO PLC - ADR SPONSORED ADR 216 SHRS | 31,463 | 31,463 |
| DOMINOS PIZZA INC COM 29 SHRS | 11,955 | 11,955 |
| DUKE ENERGY HOLDING CORP. COM 22 SHRS | 2,135 | 2,135 |
| EATON CORP PLC 325 SHRS | 78,267 | 78,267 |
| ELECTRONIC ARTS INC 255 SHRS | 34,887 | 34,887 |
| ELI LILLY & CO COM 147 SHRS | 85,689 | 85,689 |
| ENOVIS CORP 10 SHRS | 560 | 560 |
| EOG RESOURCES, INC 156 SHRS | 18,868 | 18,868 |
| EOG RESOURCES, INC 21 SHRS | 2,540 | 2,540 |
| ESSEX PROPERTY TRUST INC 90 SHRS | 22,315 | 22,315 |
| FASTENAL CO 128 SHRS | 8,291 | 8,291 |
| GARMIN LTD 230 SHRS | 29,564 | 29,564 |
| GARTNER INC 27 SHRS | 12,180 | 12,180 |
| GENERAL DYNAMICS CORP 84 SHRS | 21,812 | 21,812 |
| GENUINE PARTS CO 11 SHRS | 1,524 | 1,524 |
| GOLDMAN SACHS GROUP INC 6 SHRS | 2,315 | 2,315 |
| HARTFORD FINANCIAL SERVICES GROUP INC | 21,622 | 21,622 |
| HASBRO INC 29 SHRS | 1,481 | 1,481 |
| HEICO CORP CL A 158 SHRS | 22,506 | 22,506 |
| HERSHEY COMPANY 74 SHRS | 13,797 | 13,797 |
| HILTON WORLDWIDE HOLDINGS INC 125 SHRS | 22,761 | 22,761 |
| HOME DEPOT INC 126 SHRS | 43,665 | 43,665 |
| HOME DEPOT INC 105 SHRS | 36,388 | 36,388 |
| HOWARD HUGHES CORP/THE 28 SHRS | 2,395 | 2,395 |
| HYATT HOTELS CORP 39 SHRS | 5,086 | 5,086 |
| IDEXX CORP 10 SHRS | 5,551 | 5,551 |
| INTERNATIONAL FLAVORS & FRAGRANCES 35 SHRS | 2,834 | 2,834 |
| INTERPUBLIC GROUP COS INC 625 SHRS | 20,400 | 20,400 |
| JOHNSON & JOHNSON 180 SHRS | 28,213 | 28,213 |
| JOHNSON & JOHNSON 28 SHRS | 4,389 | 4,389 |
| JPMORGAN CHASE & CO 148 SHRS | 25,175 | 25,175 |
| JPMORGAN CHASE & CO 428 SHRS | 72,803 | 72,803 |
| KEURIG DR PEPPER INC 80 SHRS | 2,666 | 2,666 |
| KKR & CO. INC. 280 SHRS | 23,198 | 23,198 |
| KROGER CO 64 SHRS | 2,925 | 2,925 |
| LAM RESEARCH CORP COM 70 SHRS | 54,828 | 54,828 |
| LENNAR CORPORATION CLASS A COMMON 76 SHRS | 11,327 | 11,327 |
| LIBERTY MEDIA CORP 7 SHRS | 406 | 406 |
| LIBERTY MEDIA CORP 93 SHRS | 5,871 | 5,871 |
| LIVE NATION ENTERTAINMENT INC 124 SHRS | 11,606 | 11,606 |
| LOCKHEED MARTIN CORP 3 SHRS | 1,360 | 1,360 |
| LOWES COS INC 7 SHRS | 1,558 | 1,558 |
| LVMH MOET HENNESSY UNSP ADR - ADR SPONSORED ADR 15 SHRS | 2,437 | 2,437 |
| MANULIFE FINANCIAL CORP 2613 SHRS | 57,747 | 57,747 |
| MARKEL HOLDINGS 10 SHRS | 14,199 | 14,199 |
| MARSH & MCLENNAN COS INC 111 SHRS | 21,031 | 21,031 |
| MASTERCARD INC CL A 59 SHRS | 25,164 | 25,164 |
| MARTIN MARIETTA MATLS INC COM 16 SHRS | 7,983 | 7,983 |
| MCDONALDS CORP 100 SHRS | 29,651 | 29,651 |
| MEDTRONIC, PLC 18 SHRS | 1,483 | 1,483 |
| MERCK & CO INC 166 SHRS | 18,097 | 18,097 |
| MERCK & CO INC 478 SHRS | 52,112 | 52,112 |
| MERCK & CO INC 44 SHRS | 4,797 | 4,797 |
| META PLATFORMS INC 240 SHRS | 84,950 | 84,950 |
| MICROCHIP TECHNOLOGY INC COM 103 SHRS | 9,289 | 9,289 |
| MICROSOFT CORP 518 SHRS | 194,789 | 194,789 |
| MICROSOFT CORP 610 SHRS | 229,384 | 229,384 |
| MICROSOFT CORP 6 SHRS | 2,256 | 2,256 |
| MONDELEZ INTERNATIONAL INC 300 SHRS | 21,729 | 21,729 |
| MONDELEZ INTERNATIONAL INC 630 SHRS | 45,631 | 45,631 |
| MONDELEZ INTERNATIONAL INC 24 SHRS | 1,738 | 1,738 |
| MOODYS CORP 13 SHRS | 5,077 | 5,077 |
| MOTOROLA SOLUTIONS, INC. 81 SHRS | 25,360 | 25,360 |
| MSCI INC 13 SHRS | 7,353 | 7,353 |
| NASDAQ INC 342 SHRS | 19,884 | 19,884 |
| NESTLE S.A. REGISTERED SHARES - ADR SPONSORED ADR 32 SHRS | 3,700 | 3,700 |
| NEXTERA ENERGY, INC. 242 SHRS | 14,699 | 14,699 |
| NEXTERA ENERGY, INC. 48 SHRS | 2,916 | 2,916 |
| NIKE INC CL B 290 SHRS | 31,485 | 31,485 |
| NORDEA BANK ABP 143 SHRS | 1,772 | 1,772 |
| NOVARTIS AG - ADR SPONSORED ADR 28 SHRS | 2,827 | 2,827 |
| NVIDIA CORP 400 SHRS | 198,088 | 198,088 |
| O'REILLY AUTOMOTIVE INC 24 SHRS | 22,802 | 22,802 |
| ORIX CORPORATION - ADR SPONSORED ADR 24 SHRS | 2,241 | 2,241 |
| PAYCHEX INC 188 SHRS | 22,393 | 22,393 |
| PEPSICO INC 19 SHRS | 3,227 | 3,227 |
| PERIMETER SOLUTIONS SA 193 SHRS | 888 | 888 |
| PHILIP MORRIS INTERNATIONAL IN 35 SHRS | 3,293 | 3,293 |
| PIONEER NATURAL RESOURCES CO 83 SHRS | 18,665 | 18,665 |
| PROCTER & GAMBLE CO 28 SHRS | 4,103 | 4,103 |
| PROGRESSIVE CORP OHIO 56 SHRS | 8,920 | 8,920 |
| PROLOGIS INC 156 SHRS | 20,795 | 20,795 |
| PUBLIC SVC ENTERPRISE GROUP INC 22 SHRS | 1,345 | 1,345 |
| QUALCOMM INC 24 SHRS | 2,459 | 2,459 |
| REGENERON PHARMACEUTICALS INC 29 SHRS | 25,470 | 25,470 |
| REGIONS FINL CORP NEW COM 1635 SHRS | 31,686 | 31,686 |
| REGIONS FINL CORP NEW COM 77 SHRS | 1,492 | 1,492 |
| ROCHE HOLDINGS LTD - ADR SPONSORED ADR 38 SHRS | 1,377 | 1,377 |
| ROPER TECHNOLOGIES, INC. 35 SHRS | 19,081 | 19,081 |
| ROSS STORES INC 16 SHRS | 2,214 | 2,214 |
| RPM INTERNATIONAL INC 27 SHRS | 3,014 | 3,014 |
| RTX CORP 701 SHRS | 58,982 | 58,982 |
| S&P GLOBAL INC 58 SHRS | 25,550 | 25,550 |
| SANOFI-AVENTIS 42 SHRS | 2,089 | 2,089 |
| SAP SE 23 SHRS | 3,556 | 3,556 |
| SCHNEIDER ELECTRIC SE 41 SHRS | 1,649 | 1,649 |
| SEVEN & I HOLDINGS CO., LTD 112 SHRS | 2,222 | 2,222 |
| SHERWIN WILLIAMS CO 9 SHRS | 2,807 | 2,807 |
| SIEMENS AG 21 SHRS | 1,964 | 1,964 |
| SMITH & NEPHEW PLC - ADR SPONSORED ADR 43 SHRS | 1,173 | 1,173 |
| STARBUCKS CORP COM 285 SHRS | 27,363 | 27,363 |
| STRYKER CORP 66 SHRS | 19,764 | 19,764 |
| SUMITOMO TRUST AND BANKING COMPANY 317 SHRS | 3,069 | 3,069 |
| SUMMIT MATERIALS INC 60 SHRS | 2,308 | 2,308 |
| SUNCOR ENERGY INC NEW F 1736 SHRS | 55,621 | 55,621 |
| TARGET CORP 169 SHRS | 24,069 | 24,069 |
| TC ENERGY CORP 67 SHRS | 2,619 | 2,619 |
| TE CONNECTIVITY LTD 185 SHRS | 25,993 | 25,993 |
| THERMO FISHER SCIENTIFIC INC 60 SHRS | 31,847 | 31,847 |
| TJX COMPANIES INC 248 SHRS | 23,265 | 23,265 |
| TJX COMPANIES INC 34 SHRS | 3,190 | 3,190 |
| TOKYO ELECTRON LIMITED 19 SHRS | 1,688 | 1,688 |
| TORONTO DOMINION BK ONT COM NEW 705 SHRS | 45,557 | 45,557 |
| TOTALENERGIES SE 920 SHRS | 61,990 | 61,990 |
| TOTALENERGIES SE 38 SHRS | 2,560 | 2,560 |
| TRANSDIGM GROUP INC 28 SHRS | 28,325 | 28,325 |
| TYLER TECHNOLOGIES INC 27 SHRS | 11,289 | 11,289 |
| UNILEVER PLC - ADR SPONSORED ADR 490 SHRS | 23,755 | 23,755 |
| UNILEVER PLC - ADR SPONSORED ADR 59 SHRS | 2,860 | 2,860 |
| UNION PACIFIC CORP 120 SHRS | 29,474 | 29,474 |
| UNION PACIFIC CORP 8 SHRS | 1,965 | 1,965 |
| UNITED PARCEL SERVICE INC CL B 301 SHRS | 47,326 | 47,326 |
| UNITED PARCEL SERVICE-CL B 229 SHRS | 36,006 | 36,006 |
| UNITEDHEALTH GROUP INC 36 SHRS | 18,953 | 18,953 |
| UNITEDHEALTH GROUP INC 137 SHRS | 72,126 | 72,126 |
| VAIL RESORTS INC COM 29 SHRS | 6,191 | 6,191 |
| VEOLIA ENVIRONNEMENT 128 SHRS | 2,020 | 2,020 |
| VERISIGN INC COM 46 SHRS | 9,474 | 9,474 |
| VERISK ANALYTICS INC 23 SHRS | 5,494 | 5,494 |
| VINCI SA 93 SHRS | 2,933 | 2,933 |
| VISA INC CL A 227 SHRS | 59,099 | 59,099 |
| VISA INC CL A 170 SHRS | 44,260 | 44,260 |
| VULCAN MATERIALS COMPANY 75 SHRS | 17,026 | 17,026 |
| WASTE MANAGEMENT INC 114 SHRS | 20,417 | 20,417 |
| WASTE MANAGEMENT INC 175 SHRS | 31,343 | 31,343 |
| WATERS CORP 9 SHRS | 2,963 | 2,963 |
| WILLIAMS COS INC 96 SHRS | 3,344 | 3,344 |
| WIX.COM LTD 19 SHRS | 2,337 | 2,337 |
| INVESCO BULLETSHARES 2025 CORP BOND ETF 1500 SHRS | 30,683 | 30,683 |
| ISHARES IBONDS DEC 2025 TERM CORP ETF 2200 SHRS | 54,472 | 54,472 |
| ISHARES 0-3 MONTH TREASURY BOND ETF 750 SHRS | 75,203 | 75,203 |
| SPDR S&P 500 ETF 468 SHRS | 222,445 | 222,445 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESCO BALANCED-RISK COMMODITY 36836 SHRS | FMV | 241,276 | 241,276 |
| ISHARES RUSSELL 2000 ETF 494 SHRS | FMV | 99,151 | 99,151 |
| PRINCIPAL PREFERRED SECURITIES FUND 18107.579 SHRS | FMV | 159,709 | 159,709 |
| SBA COMMUNICATIONS CORPORATION 46 SHRS | FMV | 11,670 | 11,670 |
| VANGUARD DIVIDEND APPRECIATION ETF 2114 SHRS | FMV | 360,226 | 360,226 |
| VANGUARD GROWTH ETF 689 SHRS | FMV | 214,196 | 214,196 |
| VANGUARD LARGE CAP ETF 1750 SHRS | FMV | 381,763 | 381,763 |
| VANGUARD MID CAP ETF 165 SHRS | FMV | 38,386 | 38,386 |
| VANGUARD S&P 550 INDEX ETF 550 SHRS | FMV | 240,240 | 240,240 |
| VANGUARD VALUE ETF 800 SHRS | FMV | 119,600 | 119,600 |
| Description | Amount |
|---|---|
| PROVISION FOR DEFERRED FEDERAL EXCISE TAX | 18,922 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL EXPENSES | 1,307 | 0 | 1,307 | |
| OFFICE EXPENSE | 849 | 0 | 849 | |
| COMPUTER EXPENSE | 934 | 0 | 934 | |
| INSURANCE EXPENSE | 2,741 | 0 | 2,772 | |
| TELEPHONE & INTERNET | 1,505 | 0 | 1,506 | |
| DUES, SUBSCRIPTIONS & LICENSES | 1,053 | 0 | 1,048 | |
| STORAGE | 3,357 | 0 | 3,357 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SECURITIES CLASS ACTION LITIGATION PROCEEDS | 280 | 280 | 280 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 1,361,333 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED FEDERAL EXCISE TAX | 14,300 | 33,222 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 70,963 | 70,963 | 0 | |
| GRANT MANAGEMENT FEES | 6,018 | 0 | 6,018 | |
| COMPENSATION REVIEW FEE | 11,580 | 0 | 11,580 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN WITHHOLDING TAX | 3,497 | 3,497 | 0 | |
| FEDERAL EXCISE TAXES PAID | 2,000 | 0 | 0 |