| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| LAND W ROLLING HIL | 2024-12-20 | 191,428 | L | 0 | |||||
| LAND E ROLLING HIL | 2024-12-20 | 458,572 | L | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AFRICAN DEV - 4.125% - 02/25/2 | 9,905 | 9,943 |
| AIR PRODUCTS - 4.850% - 02/08/ | 9,705 | 9,770 |
| AMERICAN EXPRESS CO NOTE - 4.0 | 9,829 | 9,764 |
| ASIAN INFRASTRUCTURE INV BANK | 10,116 | 9,885 |
| BK OF AMERICA CORP SER N - 6.2 | 10,439 | 10,354 |
| COMCAST CORP NOTE - 4.650% - 0 | 13,891 | 14,492 |
| COMMONWEALTH FING AUTH PA REV | 15,643 | 13,838 |
| EQUINIX INC - 1.550% - 03/15/2 | 9,581 | 9,007 |
| GOLDMAN SACHS GROUP INC - 4.38 | 9,962 | 9,941 |
| INTEL CORP - 4.150% - 08/05/20 | 9,629 | 9,103 |
| INTER-AMERICAN DEV - 3.500% - | 14,396 | 13,803 |
| INTERNATIONAL BK - 4.500% - 04 | 5,043 | 4,982 |
| INTERNATIONAL FINANCE - 2.125% | 9,425 | 9,711 |
| JPMC - 6.070% - 10/22/2027 | 15,456 | 15,348 |
| KREDITANSTALT FUR WIEDERAFBAU | 4,451 | 4,727 |
| NEXTERA ENERGY - 1.900% - 06/1 | 9,098 | 9,058 |
| PFIZER INC - 2.625% - 04/01/20 | 10,367 | 8,970 |
| PHILADELPHIA PA - 5.089% - 09/ | 14,406 | 14,886 |
| PINAL CN AZ - 3.611% - 08/01/2 | 4,881 | 4,929 |
| PROLOGIS LP - 1.250% - 10/15/2 | 8,347 | 8,195 |
| WELLS FARGO - 4.540% - 08/15/2 | 14,683 | 14,970 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3I GROUP PLC ADR | 2,888 | 3,390 |
| ACS ACTIVIDADES CO UNSP ADR | 10 | 10 |
| ADOBE SYSTEMS, INC | 4,002 | 4,002 |
| ADVANCED MICRO DEVICES INC | 39,186 | 35,753 |
| ADVANTEST CORP - ADR | 1,586 | 4,324 |
| AECOM TECHNOLOGY CORPORATION | 1,405 | 1,816 |
| AFLAC INC | 5,224 | 7,034 |
| ALLIANZ SE | 9,349 | 10,078 |
| ALPHABET INC CL A | 16,310 | 30,099 |
| ALTUS POWER INC | 1,245 | 1,510 |
| AMALGAMATED BK NY | 16,014 | 17,773 |
| AMERICAN EAGLES OUTFITTERS INC | 1,445 | 1,350 |
| AMERICAN EXPRESS CO | 2,408 | 4,749 |
| AMERICAN TOWER REIT INC | 894 | 734 |
| APPLE INC | 23,326 | 42,320 |
| APPLIED MATERIALS INC | 24,331 | 23,907 |
| ASML HOLDING NV NY REG SHS | 2,456 | 2,772 |
| AUTODESK, INC | 1,860 | 2,660 |
| AVIENT | 2,179 | 1,961 |
| AXALTA COATING SYSTEMS LTD | 6,662 | 6,536 |
| BADGER METER, INC | 3,295 | 4,667 |
| BANCO BRADESCO S.A. SPONS ADR | 1,981 | 1,364 |
| BANK NEW YORK MELLON CORP COM | 6,324 | 9,834 |
| BANK OF AMERICA CORP | 4,855 | 5,494 |
| BANK OF MONTREAL | 1,429 | 1,456 |
| BEAZER HOMES USA INC | 1,736 | 1,455 |
| BERKELEY GROUP HLDGS | 5,734 | 5,135 |
| BLOCK INC | 1,363 | 1,615 |
| BOC HK HLDGS LTD S/ADR | 6,571 | 6,471 |
| BOLIDEN AB | 62 | 56 |
| BROADCOM INC | 1,715 | 4,637 |
| CADENCE DESIGN SYSTEMS INC | 5,860 | 6,009 |
| CALIFORNIA WATER SVC | 1,178 | 952 |
| CBOE HOLDINGS INC | 1,076 | 1,759 |
| CELLNEX TELECOM ADR | 3,299 | 2,713 |
| CENCORA INC | 1,361 | 2,696 |
| CIGNA CORPORATION | 10,787 | 9,941 |
| CITIGROUP INC | 6,254 | 6,898 |
| CNH GLOBAL NV | 5,584 | 5,869 |
| COCA COLA EUROPEAN PARTNERS PL | 1,049 | 1,459 |
| COMMERCIAL METALS | 3,056 | 2,579 |
| COMMONWEALTH BK AUS-SP ADR | 8,962 | 11,766 |
| DAIWA HOUSE IND LTD | 9,779 | 11,850 |
| DARLING INGREDIENTS INC | 1,541 | 1,213 |
| DASSAULT SYS SA SPN ADR | 10,740 | 9,161 |
| DEERE CO | 2,331 | 2,542 |
| DELL TECHNOLOGIES INC CLASS C | 56,911 | 56,582 |
| E.ON AG SPON ADR REP 1/3 ORD N | 9,575 | 7,904 |
| ELEVANCE HEALTH INC | 7,561 | 5,165 |
| EMPIRE STATE REALTY TRUST | 1,512 | 1,785 |
| ENPHASE ENERGY ORD SHS | 1,194 | 687 |
| EQUINIX, INC | 3,527 | 4,714 |
| ESSILOR INTL ADR | 3,092 | 4,103 |
| FANUC LIMITED UNSPONSORED | 5,300 | 4,747 |
| FERRARI NV | 1,358 | 1,275 |
| FIRST SOLAR INC | 941 | 2,115 |
| FLEXTRONICS INTERNATIONAL | 739 | 3,762 |
| FUJITSU LTD ADR OTC | 2,855 | 3,196 |
| GEN DIGITAL ORD SHS | 3,545 | 3,833 |
| GOLDMAN SACHS GROUP | 6,363 | 10,307 |
| GRAINGER W W INC | 684 | 1,054 |
| GRAL | 23 | 18 |
| H2O AMERICA | 3,637 | 3,052 |
| HARTFORD FINANCIALSERVICES GRO | 6,052 | 9,518 |
| HASBRO INC | 1,627 | 1,510 |
| HONDA MOTOR CO LTD | 25 | 29 |
| HOWMET AEROSPACE ORD SHS | 4,988 | 6,234 |
| HUDBAY MINERALS INC | 17,021 | 16,160 |
| HUMANA INC | 1,217 | 761 |
| ILLUMINA INC COM | 3,151 | 2,806 |
| INDUSTRIA DE DISENO | 14,066 | 16,428 |
| INNOSPEC INC | 530 | 550 |
| INTEL CORP | 3,343 | 2,266 |
| INTESA SANPAOLO SPA | 1,077 | 1,618 |
| INTUIT | 3,125 | 3,771 |
| KB HOME | 8,386 | 8,741 |
| KBC GROUP SA UNSP ADR | 609 | 617 |
| KEURIG DR PEPPER INC | 2,918 | 2,730 |
| KILROY REALTY CP | 4,713 | 6,068 |
| KROGER CO | 1,431 | 2,446 |
| KUBOTA CORPORATION | 4,591 | 3,931 |
| LAIDLAW INTL | 557 | 552 |
| LYNAS RARE EARTHS | 1,832 | 1,572 |
| MASTERCARD INC | 15,564 | 19,483 |
| MCCORMICK & CO | 1,739 | 1,525 |
| MCKESSON CORP | 1,548 | 4,559 |
| MERITAGE CORPORATION | 825 | 1,538 |
| METLIFE INC | 4,266 | 5,322 |
| METTLER-TOLEDO INTL | 4,882 | 4,895 |
| MICROSOFT CORP | 23,111 | 40,042 |
| MOODYS CORP | 3,438 | 4,734 |
| NASDAQ OMX GROUP | 6,803 | 8,968 |
| NEWMONT GOLDCORP CORPORATION | 3,799 | 3,275 |
| NOMURA HOLDINGS ADR | 1,478 | 1,685 |
| NVIDIA CORP | 117,756 | 149,061 |
| OKTA INC | 803 | 867 |
| ORKLA ASA SPON ADR | 3,672 | 4,114 |
| ORMAT TECHNOLOGIES | 2,807 | 2,573 |
| ORSTED A S | 6,401 | 5,554 |
| PARAMOUNT GROUP INC COM | 1,261 | 1,363 |
| PEARSON PLC | 786 | 1,483 |
| PNC FINANCIAL GROUP INC | 8,896 | 11,185 |
| POTLATCHDELTIC CORP | 2,052 | 1,806 |
| QUALCOMM INC | 2,340 | 1,843 |
| SALESFORCE.COM | 12,836 | 18,054 |
| SCHNEIDER ELEC UNSP/ADR | 11,146 | 14,644 |
| SEKISUI HOUSE LTD | 7,600 | 7,986 |
| SERVICE NOW | 13,666 | 14,842 |
| SHERWIN-WILLIAMS CO | 12,513 | 14,277 |
| SIMON PPTY GROUP INC | 2,070 | 3,100 |
| SOFTBANK ADR | 2,974 | 3,258 |
| STANTEC INC | 5,310 | 7,531 |
| STARBUCKS CORP COM | 2,221 | 2,008 |
| SUN HUNG KAI PY LTD S/ADR | 3,962 | 3,519 |
| SUNNOVA ENERGY INTERNATIONAL O | 775 | 535 |
| SUNRUN INC | 1,309 | 768 |
| SWIRE PAC LTD A S/ADR | 1,854 | 2,262 |
| SWISS RE LTD ADR | 4,646 | 5,918 |
| SWISSCOM AG S/ADR | 2,610 | 2,801 |
| SYSCO CORP | 8,317 | 8,258 |
| T-MOBILE US INC | 5,317 | 8,167 |
| TARGET CORPORATION | 5,566 | 4,731 |
| TESLA MOTORS INC | 8,531 | 13,327 |
| TETRA TECH INC | 8,454 | 7,769 |
| THE HERSHEY COMPANY | 3,712 | 3,048 |
| THE JM SMUCKER COMPANY | 1,341 | 1,211 |
| THOMSON REUTERS CORPORATION | 10,088 | 11,708 |
| TJX COMPANIES INC | 8,657 | 11,356 |
| TOKIO MARINE HOLDINGS INC | 15,068 | 14,048 |
| UBER | 1,249 | 1,568 |
| UNICREDIT SPA | 369 | 1,558 |
| UNITED NATURAL FOODS, INC | 704 | 1,830 |
| UNITED UTILITS ADR | 4,987 | 4,815 |
| UNITEDHEALTH GROUP INC | 5,631 | 6,070 |
| VERIZON COMMUNICATIONS | 3,868 | 3,959 |
| VESTAS WIND SYS UNSP/ADR | 5,893 | 3,928 |
| VISA INC | 17,177 | 21,807 |
| VORNADO RLTY TR | 26,575 | 24,804 |
| VOYA FINANCIAL INC | 5,464 | 5,093 |
| WILLIAMS SONOMA INC | 82,782 | 84,441 |
| WORKDAY INC | 2,135 | 2,838 |
| XYLEM INC | 10,387 | 12,182 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND W ROLLING HIL | 191,428 | 191,428 | 191,428 | |
| LAND E ROLLING HIL | 458,572 | 458,572 | 458,572 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 13,666 | 13,666 | ||
| Bank Charges | 339 | 339 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 12,405 | 12,405 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2024 | 5,200 | |||
| 990-PF Extension for 2023 | 100 | |||
| Foreign Tax Paid | 941 | 941 |