| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PUBLIC STORAGE CPN NOTE, 50M 5.12 2029-01-15 | 49,181 | 50,600 |
| DEUSTSCHE Bk MED TERM NOTE, 50M 5.30 2034-08-30 | 49,997 | 47,926 |
| NATL RURAL UTIL COOP FIN 100M 3.50 2026-06-15 | 100,000 | 97,560 |
| MORGAN STANLEY SR UNSECURED 90M 3.63 2027-01-20 | 89,359 | 88,359 |
| DISCOVER FINANCIAL MED TERM NT 50M 3.75 2028-05-15 | 50,000 | 46,746 |
| SHELL INTER FIN SR UNSECURE 100M 3.25 2025-05-11 | 98,735 | 99,563 |
| CITIGROUP MT NOTE 100M 5.10 2028-05-30 | 100,000 | 97,520 |
| 100M PROSPECT CAPITAL CORP 3.15 2031-09-15 | 100,000 | 79,241 |
| AIR LEASE CORP 50M 2.30 2025-02-01 | 49,680 | 49,877 |
| FORD MOTOR CREDIT CO LLC 25M 2.40 2026-09-20 | 25,000 | 23,267 |
| JPMORGAN CHASE FINANCIAL 50M 5.00 2027-09-23 | 50,002 | 49,351 |
| EXPRESS SCRIPTS HOLDING SR 50M 4.50 2026-02-25 | 49,609 | 49,737 |
| PHILIP MORRIS INTL INC 50M Note 5.12 2027-11-17 | 49,045 | 50,602 |
| CANADIAN IMPERIAL BANK NOTE, 50M 5.14 2025-04-28 | 49,700 | 50,086 |
| BANK OF MONTREAL NOTE, 50M 5.85 2026-08-21 | 50,002 | 50,056 |
| TOTONTO-DOMINION Bk NOTE, 100M 5.25 2028-05-17 | 100,000 | 96,905 |
| ROYAL BANK OF CANADA MT NOTE, 50M 6.00 2028-10-17 | 50,000 | 49,254 |
| BARCLAYS Bk PLC MED TERM, 50M 5.00 2044-10-01 | 50,000 | 44,671 |
| GOLDMAN SACHS GRP ME TERM NOTE, 45M 5.15 2039-09-16 | 45,000 | 43,207 |
| BANK OF AM. CORP MED TERM NOTE 50M 3.35 2044-10-28 | 50,000 | 47,849 |
| JP MORGAN CHASE MTE NOTE, 50M 5.35 2044-12-13 | 50,000 | 48,380 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 2000 shares of ABBOTT LABORATORIES | 13,466 | 226,220 |
| 2000 shares of ABBIE INC | 14,603 | 355,400 |
| 2605 shares of ALTRIA GROUP ONC | 59,168 | 136,215 |
| 6437 shares of ATT INC | 21,997 | 146,570 |
| 2770 shares of BRISTOL MYERS SQUIBB CO | 35,397 | 156,671 |
| 3215 shares of CHEVRON CORPORATION | 31,171 | 165,661 |
| 17445 shares of CSX CORP | 5,174 | 562,950 |
| 1000 shares of DOW CHEMICAL | 7,714 | 40,130 |
| 766 shares of DUKE ENERGY CORP | 9,360 | 82,529 |
| 1978 shares of ELI LILLY CO | 6,236 | 1,527,016 |
| 4645 shares of EXXON MOBIL CORP | 19,723 | 499,663 |
| 6720 shares of GENERAL MILLS INC | 7,976 | 428,534 |
| 2500 shares of JP MORGAN CHASE CO | 32,716 | 599,275 |
| 5599 shares of PFIZER INCORPORATED | 8,502 | 148,541 |
| 500 shares of PHILIP MORRIS INTERNATIONAL INC | 14,601 | 60,175 |
| 810 shares of PROCTOR AND GAMBLE | 52,871 | 135,797 |
| 125 shares of THE SOUTHERN COMPANY | 5,991 | 10,290 |
| 775 shares of SPDR SP 500 TRUST ETF | 98,459 | 454,212 |
| 7400 shares of US BANCORP NEW | 18,265 | 353,942 |
| 968 shares of VERIZON COMMUNICATIONS | 7,114 | 38,710 |
| 1000 shares of DUPONT DE NEMOURS | 11,320 | 76,250 |
| 800 shares of GILEAD SCIENCES INC | 50,059 | 73,896 |
| 399 shares of INTERNATIONAL BUSINESS MACHINE CORP | 48,815 | 87,712 |
| 1145 shares of VIATRIS INC | 4,425 | 14,255 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Denton Law Firm - Exempt Tax return preparation | 5,629 | 5,629 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Annual Report | 15 | 15 |
| Description | Amount |
|---|---|
| Rounding numbers to whole dollars | 6 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF 2023 | 7,887 | 7,887 |