| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EISNER ADVISORY GROUP LLC | 26,251 | 6,563 | 19,688 | |
| RSM US LLP | 15,950 | 0 | 15,950 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| COMPENSATION OF DISQUALIFIED PERSONS | FORM 990PF, PART VII-B, LINE 1A(4) | DISQUALIFIED PERSONS ARE COMPENSATED ONLY FOR PERSONAL SERVICES RENDERED IN CARRYING OUT FOUNDATION AFFAIRS. THE PERFORMANCE OF THESE PERSONAL SERVICES IS REASONABLE AND NECESSARY TO CARRYING OUT THE TAX EXEMPT PURPOSES OF THE FOUNDATION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC COUPON RATE 3.200%; MATURES 11/21/2029; | 232,273 | 232,273 |
| ABBVIE INC FXD RT SR NT 4.250% 11/14/28 B/E DTD 09/18/18 30/360 | 369,229 | 369,229 |
| ADVANCE AUTO PTS INC NT SER A 5.900% 03/09/26 B/E DTD | 14,096 | 14,096 |
| ADVANCE AUTO PTS INC NT SER B 5.950% 03/09/28 B/E DTD | 14,128 | 14,128 |
| AECOM GTD FXD RT SR NT 5.125% 03/15/27 | 12,875 | 12,875 |
| AFLAC INC COUPON RATE 1.125%; MATURES 03/15/2026; | 14,393 | 14,393 |
| ALUMINUM CO AMER NTS 6.750% 01/15/28 | 13,591 | 13,591 |
| AMER HONDA FIN CORP CALL@MW+12.50BP RATE 05.250% MATURES 07/07/26 | 100,774 | 100,774 |
| AMERICAN AIRLINES 2014-1 CLASS | 46,918 | 46,918 |
| AMERICAN AXLE & MFG INC GTD FXD RT SR NT 6.500% 04/01/27 | 13,845 | 13,845 |
| AMGEN INC COUPON RATE 5.250%; MATURES 03/02/2033; | 148,959 | 148,959 |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.000% 04/13/28 | 436,830 | 436,830 |
| ASBURY AUTOMOTIVE GROUP INC SR NT 4.500% 03/01/28 B/E DTD | 14,378 | 14,378 |
| ASBURY AUTOMOTIVE GROUP INC SR NT 4.750% 03/01/30 | 13,093 | 13,093 |
| ASCENSION HEALTH | 22,738 | 22,738 |
| AT&T INC COUPON RATE 2.300%; MATURES 06/01/2027; | 70,806 | 70,806 |
| AT&T INC FXD RT SR NT 4.300% 02/15/30 | 436,028 | 436,028 |
| AT&T INC NTS B/E 4.100% MATURES 02/15/28 CALLABLE | 97,881 | 97,881 |
| BALL CORP FXD RT SR NT 4.875% 03/15/26 | 13,939 | 13,939 |
| BALL CORP SR NT 6.000% 06/15/29 B/E DTD 05/11/23 30/360 | 13,094 | 13,094 |
| BALL CORP SR NT 6.875% 03/15/28 B/E DTD 11/25/22 30/360 | 13,296 | 13,296 |
| BANK AMER CORP FXD RT SR NT SER L 3.248% 10/21/27 | 568,577 | 568,577 |
| BANK OF AMERICA CORP COUPON RATE 4.450%; MATURES 03/03/2026; | 29,886 | 29,886 |
| BANK OF AMERICA CORP FXD TO 072032 VAR THRAFTR 5.015% | 147,063 | 147,063 |
| BANNER HEALTH | 20,132 | 20,132 |
| BECTON DICKINSON AND CO COUPON RATE 4.693%; MATURES 02/13/2028; | 99,532 | 99,532 |
| BK MONTREAL QUE NTS B/E CALL@MW+15BP RATE 03.700% MATURES 06/07/25 | 99,541 | 99,541 |
| BOEING CO SR NT 3.200% 03/01/29 B/E DTD 02/15/19 | 428,302 | 428,302 |
| BOEING CO SR NT 5.150% 05/01/30 B/E DTD 05/04/20 30/360 | 14,784 | 14,784 |
| BOYD GAMING CORP SR NT 4.750% 12/01/27 | 14,502 | 14,502 |
| BP CAP MKTS AMER INC GTD NT 3.633% 04/06/30 | 565,566 | 565,566 |
| BP CAPITAL MARKETS AMERICA INC COUPON RATE 4.893%; MATURES 09/11/2033; | 145,217 | 145,217 |
| BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD COUPON RATE 3.875%; MATURES 01/1 | 147,669 | 147,669 |
| CANADIAN IMPERIAL BANK CALL@MW+20BP RATE 03.945% MATURES 08/04/25 | 99,608 | 99,608 |
| CAPITAL ONE FINANCIAL CORP | 96,506 | 96,506 |
| CARPENTER TECHNOLOGY CORP SR NT 6.375% 07/15/28 | 12,000 | 12,000 |
| CARPENTER TECHNOLOGY CORP SR NT 7.625% 03/15/30 B/E DTD | 13,315 | 13,315 |
| CCO HLDGS LLC / CCO HLDGS CAP CORP SR NT 4.500% 05/01/32 B/E | 13,763 | 13,763 |
| CEDAR FAIR L P / CANADAS WONDERLAND CO / MAGNUM MGMT | 12,861 | 12,861 |
| CELANESE US HLDGS LLC SR NT 6.950% 11/15/33 B/E DTD 08/24/23 | 14,538 | 14,538 |
| CENTURY CMNTYS INC SR NT 6.750% 06/01/27 | 10,006 | 10,006 |
| CHARTER COMMUNICATIONS OPER LLC / CHARTER | 12,325 | 12,325 |
| CHEMOURS CO GTD FXD RT SR NT 5.375% 05/15/27 | 13,475 | 13,475 |
| CITIGROUP INC B/E RATE 04.125% MATURES 07/25/28 | 97,230 | 97,230 |
| CITIGROUP INC FXD TO 032030 VAR THRAFTR 4.4120% | 230,690 | 230,690 |
| CLEVELAND-CLIFFS INC NEW SR GTD NT 5.875% 06/01/27 | 10,938 | 10,938 |
| CNF INC SR DEB - FULLY EXCHANGED FROM CUSIP 12612WAC CINS | 13,541 | 13,541 |
| CNH INDUSTRIAL NV COUPON RATE 3.850%; MATURES 11/15/2027; | 146,573 | 146,573 |
| COMCAST CORP GTD FXD RT NT 3.300% 02/01/27 | 374,724 | 374,724 |
| COMMERCIAL METALS CO SR NT 3.875% 02/15/31 | 13,252 | 13,252 |
| COMMERCIAL METALS CO SR NT 4.375% 03/15/32 B/E DTD 01/28/22 | 11,641 | 11,641 |
| CREDIT ACCEP CORP MICH SR NT 6.625% 03/15/26 | 14,999 | 14,999 |
| CROWDSTRIKE HLDGS INC 3.000% 02/15/29 | 13,652 | 13,652 |
| CROWN AMERS LLC / CROWN AMERS CAP CORP V | 9,754 | 9,754 |
| CROWN AMERS LLC SR NT 5.250% 04/01/30 B/E DTD 10/01/22 | 13,625 | 13,625 |
| CROWN CORK & SEAL INC DEB 7.375% 12/15/26 | 10,260 | 10,260 |
| CSX CORP COUPON RATE 4.250%; MATURES 03/15/2029; | 146,846 | 146,846 |
| CUMMINS INC COUPON RATE 5.150%; MATURES 02/20/2034; | 75,209 | 75,209 |
| CVS HEALTH CORP COUPON RATE 5.250%; MATURES 02/21/2033; | 191,718 | 191,718 |
| CVS HEALTH CORP FXD RT SR NT 4.300% 03/25/28 | 96,875 | 96,875 |
| CVS HEALTH CORP SR NT 1.875% 02/28/31 | 471,773 | 471,773 |
| DCP MIDSTREAM OPER LP GTD FXD RT SR NT 5.375% 07/15/25 | 5,006 | 5,006 |
| DEERE & CO COUPON RATE 3.750%; MATURES 04/15/2050; | 57,827 | 57,827 |
| DELL INTERNATIONAL LLC / EMC CORP COUPON RATE 6.020%; MATURES 06/15/2026; | 56,821 | 56,821 |
| DELTA AIR LINES INC DEL NT 7.375% 01/15/26 | 12,258 | 12,258 |
| DUKE ENERGY CORP COUPON RATE 5.750%; MATURES 09/15/2033; | 128,209 | 128,209 |
| ENACT HLDGS INC 6.250% 05/28/29 B/E DTD 05/28/24 30/360 | 14,258 | 14,258 |
| ENCOMPASS HEALTH CORP SR NT 4.500% 02/01/28 | 13,509 | 13,509 |
| ENCOMPASS HEALTH CORP SR NT 4.750% 02/01/30 B/E DTD | 14,220 | 14,220 |
| ENLINK MIDSTREAM PARTNERS LP FXD RT SR NT 4.850% 07/15/26 | 12,972 | 12,972 |
| FIRSTENERGY CORP FXD RT NTS SER B 3.900% 07/15/27 B/E DTD | 12,659 | 12,659 |
| FIRSTENERGY CORP NT SER A 2.050% 03/01/25 B/E DTD 02/20/20 | 14,901 | 14,901 |
| FLUOR CORP NEW FXD RT SR NT 4.250% 09/15/28 B/E DTD 08/29/18 | 13,317 | 13,317 |
| FORD MTR CO DEL FXD RT SR NT 4.346% 12/08/26 B/E DTD 12/08/16 | 12,797 | 12,797 |
| FORD MTR CO DEL NT 9.625% 04/22/30 B/E DTD 04/22/20 30/360 | 12,686 | 12,686 |
| G T E FLORIDA INC FIXED RT DEB SER E 6.860% 02/01/28 B/E DTD | 14,315 | 14,315 |
| GENERAL MOTORS FINL CO | 198,040 | 198,040 |
| GENERAL MTRS FINL CO INC SR NT 5.400% 04/06/26 B/E DTD | 13,072 | 13,072 |
| GILEAD SCIENCES INC COUPON RATE 5.250%; MATURES 10/15/2033; | 80,289 | 80,289 |
| GOLDMAN SACHS GROUP INC FXD RT SR NT SER E 3.500% 11/16/26 | 576,819 | 576,819 |
| GOLDMAN SACHS GROUP INC NTS B/E | 501,980 | 501,980 |
| GOLDMAN SACHS GROUP INC/THE COUPON RATE 6.250%; MATURES 02/01/2041; | 78,996 | 78,996 |
| GOLDMAN SACHS GROUP INC/THE FX D TO 022032 VAR | 64,655 | 64,655 |
| GRIFFON CORP SR NT 5.750% 03/01/28 B/E DTD 02/19/20 30/360 | 14,708 | 14,708 |
| H B FULLER CO NT 4.250% 10/15/28 | 13,172 | 13,172 |
| HCA INC GTD FXD RT SR NT 5.375% 02/01/25 | 12,002 | 12,002 |
| HEWLETT PACKARD 5BP ENTERPRISE RATE 04.900% MATURES 10/15/25 CALLABLE | 99,993 | 99,993 |
| HEXCEL CORP NEW SR NT 4.200% 02/15/27 | 2,931 | 2,931 |
| HILLENBRAND INC SR NT 3.750% 03/01/31 | 13,111 | 13,111 |
| HILTON DOMESTIC OPER CO INC SR NT 4.875% 01/15/30 | 13,429 | 13,429 |
| HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP GTD | 26,630 | 26,630 |
| HOWMET AEROSPACE INC NT 5.900% 02/01/27 B/E DTD 01/25/07 | 13,272 | 13,272 |
| INDIANA MICHIGAN POWER CO | 37,941 | 37,941 |
| JPMORGAN CHASE & CO B/E | 246,188 | 246,188 |
| JPMORGAN CHASE & CO FXD TO 052029 VAR THRAFTR9/3/203.7020% | 33,140 | 33,140 |
| JPMORGAN CHASE & CO SR NT FIXED/FLTG 2.963% 01/25/33 B/E | 561,873 | 561,873 |
| KEURIG DR PEPPER INC COUPON RATE 4.050%; MATURES 04/15/2032; | 93,575 | 93,575 |
| KRAFT HEINZ FOODS CO COUPON RATE 3.000%; MATURES 06/01/2026; | 146,430 | 146,430 |
| L BRANDS INC 5.250% 02/01/28 B/E DTD 01/23/18 30/360 MULTIPLE | 12,799 | 12,799 |
| L BRANDS INC GTD FXD RT SR NT 6.750% 07/01/36 | 14,228 | 14,228 |
| LAMAR MEDIA CORP SR NT 3.750% 02/15/28 B/E DTD 07/15/20 | 13,129 | 13,129 |
| LAMAR MEDIA CORP SR NT 4.875% 01/15/29 B/E DTD 09/15/20 | 13,450 | 13,450 |
| LAREDO PETE INC NEW SR NT 9.750% 10/15/30 B/E DTD 09/25/23 | 12,652 | 12,652 |
| M / I HOMES INC SR NT 4.950% 02/01/28 B/E DTD 01/22/20 30/360 | 13,524 | 13,524 |
| MACYS RETAIL HLDGS INC GTD FXD RT SR NT 4.500% 12/15/34 B/E | 5,826 | 5,826 |
| MAGALLANES INC SR NT 4.279% 03/15/32 B/E DTD 03/15/23 30/360 | 8,815 | 8,815 |
| MARRIOTT INTERNATIONAL INC/MD COUPON RATE 4.900%; MATURES 04/15/2029; | 149,727 | 149,727 |
| MGM RESORTS INTL SR NT 5.500% 04/15/27 B/E DTD 04/10/19 | 12,920 | 12,920 |
| MGM RESORTS INTL SR NT 6.500% 04/15/32 B/E DTD 04/09/24 | 13,950 | 13,950 |
| MORGAN STANLEY B/E | 244,948 | 244,948 |
| MORGAN STANLEY SR NT FIXED/FLTG SER I 6.342% 10/18/33 B/E | 576,681 | 576,681 |
| MOSAIC CO/THE COUPON RATE 4.050%; MATURES 11/15/2027; | 97,976 | 97,976 |
| MPLX LP | 44,619 | 44,619 |
| MURPHY OIL USA INC GTD SR NT 4.750% 09/15/29 B/E DTD 09/13/19 | 14,233 | 14,233 |
| NORTHROP GRUMMAN CORP | 47,790 | 47,790 |
| NORTHROP GRUMMAN CORP COUPON RATE 4.900%; MATURES 06/01/2034; | 78,057 | 78,057 |
| NORTHWESTERN MEMORIAL HEALTHCARE OBLIGATED GROUP | 12,268 | 12,268 |
| NRG ENERGY INC FXD RT SR NT 5.750% 01/15/28 | 12,954 | 12,954 |
| NVIDIA CORP COUPON RATE 3.500%; MATURES 04/01/2050; | 55,817 | 55,817 |
| OLIN CORP FXD RT SR NT 5.000% 02/01/30 B/E DTD 01/19/18 30/360 | 6,572 | 6,572 |
| OLIN CORP SR NT 5.625% 08/01/29 B/E DTD 07/16/19 | 14,584 | 14,584 |
| ONEMAIN FIN CORP 9.000% 01/15/29 B/E DTD 06/22/23 30/360 | 13,798 | 13,798 |
| ONEOK INC | 32,560 | 32,560 |
| ORACLE CORP FXD RT NT 3.250% 11/15/27 B/E DTD 11/09/17 30/360 | 442,373 | 442,373 |
| PACIFIC GAS & ELEC CO 1ST MTG BD 4.950% 07/01/50 | 13,149 | 13,149 |
| PATTERSON-UTI ENERGY INC GTD FXD RT SR | 14,345 | 14,345 |
| PBF HLDG CO LLC / PBF FIN CORP SR NT 6.000% 02/15/28 B/E DTD | 7,672 | 7,672 |
| PENSKE AUTOMOTIVE GROUP INC SR SUB NT 3.500% 09/01/25 | 10,861 | 10,861 |
| PENSKE AUTOMOTIVE GROUP INC SR SUB NT 3.750% 06/15/29 B/E | 13,632 | 13,632 |
| PFIZER INVT ENTER NTS /E CALL@MW+10BP RATE 04.650% MATURES 05/19/25 | 100,040 | 100,040 |
| PG&E CORP SR SECD NT 5.250% 07/01/30 | 13,704 | 13,704 |
| PILGRIMS PRIDE CORP NEW 6.250% 07/01/33 B/E DTD 04/19/23 | 13,242 | 13,242 |
| PILGRIMS PRIDE CORP NEW SUSTAINABILITY LINKED SR NT 4.250% | 9,214 | 9,214 |
| PIONEER STRATEGIC INCOME Y | 84,895 | 84,895 |
| PNC BANK NA | 95,676 | 95,676 |
| QVC INC GTD SR SECD NT 5.450% 08/15/34 B/E DTD 08/21/14 | 8,631 | 8,631 |
| RADIAN GROUP INC 6.625% 03/15/25 | 14,370 | 14,370 |
| RANGE RES CORP GTD FXD RT SR NT | 14,950 | 14,950 |
| REGAL BELOIT CORP SR NT 6.050% 02/15/26 B/E DTD 02/15/24 | 14,126 | 14,126 |
| RHP HOTEL PPTYS LP & RHP FIN CORP SR NT 4.750% 10/15/27 | 10,640 | 10,640 |
| ROYAL CARIBBEAN CRUISES LTD | 14,222 | 14,222 |
| RTX CORP COUPON RATE 4.150%; MATURES 05/15/2045; | 12,135 | 12,135 |
| SABINE PASS LIQUEFACTION LLC COUPON RATE 4.500%; MATURES 05/15/2030; | 96,866 | 96,866 |
| SABINE PASS LIQUEFACTION LLC COUPON RATE 5.625%; MATURES 03/01/2025; | 5,002 | 5,002 |
| SBA COMMUNICATIONS CORP NEW SR NT 3.125% 02/01/29 | 13,540 | 13,540 |
| SBA COMMUNICATIONS CORP NEW SR NT 3.875% 02/15/27 | 13,422 | 13,422 |
| SEAGATE HDD CAYMAN 5.750% 12/01/34 | 13,472 | 13,472 |
| SEAGATE HDD CAYMAN D06/01/16 04.875% ISIN#US81180WAR25 | 12,807 | 12,807 |
| SERVICE CORP INTL SR NT 5.125% 06/01/29 | 12,578 | 12,578 |
| SHEA HOMES LTD PARTNERSHIP / SHEA HOMES FDG CORP SR NT | 6,699 | 6,699 |
| SM ENERGY CO FXD RT SR NT 6.750% 09/15/26 B/E DTD 09/12/16 | 13,987 | 13,987 |
| SM ENERGY CO FXD RT SR NTS 6.625% 01/15/27 | 12,984 | 12,984 |
| SOUTHWESTERN ENERGY CO GTD SR NT 5.375% 02/01/29 B/E DTD | 14,776 | 14,776 |
| SPIRIT AEROSYSTEMS INC GTD FXD RT SR NT 3.850% 06/15/26 B/E | 14,639 | 14,639 |
| SPRINT CORP GTD FIXED RATE NT 7.125% 06/15/24 | 13,806 | 13,806 |
| SPRINT CORP GTD FXD RT SR NOTE 7.625% 03/01/26 | 12,263 | 12,263 |
| STEEL DYNAMICS INC COUPON RATE 3.450%; MATURES 04/15/2030; | 92,712 | 92,712 |
| TELEFLEX INC FXD RT SR NT 4.625% 11/15/27 | 12,598 | 12,598 |
| TENET HEALTHCARE CORP SR NT 6.125% 10/01/28 B/E DTD 10/01/22 | 12,976 | 12,976 |
| TENET HEALTHCARE CORP SR SECD 1ST LIEN NT 6.125% 06/15/30 B/E | 13,890 | 13,890 |
| TEXTRON INC COUPON RATE 3.650%; MATURES 03/15/2027; | 47,736 | 47,736 |
| T-MOBILE USA INC COUPON RATE 4.750%; MATURES 02/01/2028; | 49,674 | 49,674 |
| T-MOBILE USA INC SR NT 3.500% 04/15/31 B/E DTD 03/23/21 30/360 | 499,235 | 499,235 |
| TOYOTA MOTOR CREDIT CORP | 74,569 | 74,569 |
| TRANSDIGM INC SR SUB NT 5.500% 11/15/27 | 14,739 | 14,739 |
| TRI POINTE GROUP INC SR NT 5.700% 06/15/28 B/E DTD 06/10/20 | 3,974 | 3,974 |
| TRUIST FINANCIAL CORP FXD TO 012028 VAR THRAFTR 4.873% | 74,624 | 74,624 |
| UNITED RENTALS NORTH AMER INC SR NT 4.000% 07/15/30 | 14,564 | 14,564 |
| UNITED RENTALS NORTH AMER INC SR NT 5.250% 01/15/30 | 12,631 | 12,631 |
| UNITED STATES BANCORP MEDIUM U S BANCORP MEDIUM TERM | 573,376 | 573,376 |
| UNITEDHEALTH GROUP INC B/E RATE 04.500% MATURES 04/15/33 CALLABLE | 94,867 | 94,867 |
| US BANCORP FXD TO 102032 VAR THRAFTR 5.8500% | 255,608 | 255,608 |
| USA COMPRESSION PARTNERS LP / USA COMPRESSION FIN CORP SR | 13,043 | 13,043 |
| VERIZON COMMUNICATIONS CALL@MW+25BP RATE 04.125% MATURES 03/16/27 | 98,862 | 98,862 |
| WALMART INC | 62,647 | 62,647 |
| WELLS FARGO & CO CALL MW+25BP RATE 04.150% MATURES 01/24/29 | 96,942 | 96,942 |
| WELLS FARGO & CO FXD TO 072032 VAR THRAFTR.8970% | 96,561 | 96,561 |
| WELLS FARGO & CO MEDIUM TERM SR NTS 5.574% 07/25/29 B/E | 583,872 | 583,872 |
| WESTERN DIGITAL CORP FXD RT SR NT 4.750% 02/15/26 B/E DTD | 13,865 | 13,865 |
| WYNDHAM DESTINATIONS INC SR NT 6.600% 10/01/25 B/E DTD | 13,033 | 13,033 |
| YUM BRANDS INC SR NT 4.625% 01/31/32 B/E DTD 04/01/21 30/360 | 14,784 | 14,784 |
| YUM BRANDS INC SR NT 5.375% 04/01/32 B/E DTD 04/01/22 30/360 | 12,590 | 12,590 |
| CARVANA AUTO RECB TR 2021-N1 A COUPON RATE 0.700%; MATURES 01/10/2028; | 3,480 | 3,480 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBVIE INC COM | 798,584 | 798,584 |
| ACCENTURE PLC IRELAND SHS CL A | 67,192 | 67,192 |
| ADOBE SYS INC COM | 28,460 | 28,460 |
| ADYEN N V ADR | 14,645 | 14,645 |
| AES CORP COM | 41,184 | 41,184 |
| AIA GROUP LTD SPONSORED ADR | 25,131 | 25,131 |
| AIR LIQUIDE ADR | 11,384 | 11,384 |
| AIR PROD & CHEM INC | 369,221 | 369,221 |
| AIRBNB INC CL A COM | 19,186 | 19,186 |
| AKZO NOBEL N V SPONSORED ADR NEW | 15,940 | 15,940 |
| ALCON SA ACT NOM | 71,290 | 71,290 |
| ALFA LAVAL AB SWEDEN ADR | 16,570 | 16,570 |
| ALGER SMALL CAP FOCUS FUND CLASS Z | 325,838 | 325,838 |
| ALLIANZ SE ADR | 40,313 | 40,313 |
| ALPHABET INC CL A | 82,156 | 82,156 |
| AMAZON COM INC COM | 142,823 | 142,823 |
| AMBEV S A SPONSORED ADR | 9,986 | 9,986 |
| AMERICAN INTL GROUP INC COM NEW | 32,469 | 32,469 |
| AMERICAN TOWER CORP NEW COM | 36,315 | 36,315 |
| APPLE INC COM | 97,664 | 97,664 |
| APPLIED MATLS INC COM | 32,851 | 32,851 |
| ASHTEAD GROUP PLC ADR | 33,497 | 33,497 |
| ASML HLDG N V N Y | 31,882 | 31,882 |
| ASSA ABLOY AB ADR | 40,038 | 40,038 |
| ATLAS COPCO AB SPONSORED ADR | 17,324 | 17,324 |
| AUTOMATIC DATA PROCESSING INC | 477,735 | 477,735 |
| BANCO BILBAO VIZCAYA ARGENTARIA SA | 22,823 | 22,823 |
| BANK AMER CORP COM | 38,149 | 38,149 |
| BARRICK GOLD CORP COM | 24,196 | 24,196 |
| BHP GROUP LTD SPONSORED ADR | 13,379 | 13,379 |
| BLACKROCK MID-CAP GROWTH EQ I | 759,802 | 759,802 |
| BOEING CO COM | 47,259 | 47,259 |
| BRISTOL MYERS SQUIBB CO COM | 39,705 | 39,705 |
| BROADCOM INC | 1,687,332 | 1,687,332 |
| BROOKFIELD CORP VTG SHS CL A | 48,722 | 48,722 |
| CAMECO CORP COM | 43,270 | 43,270 |
| CANADIAN NATL RY CO COM | 9,136 | 9,136 |
| CATERPILLAR INS COM | 37,364 | 37,364 |
| CENTENE CORP DEL COM | 36,469 | 36,469 |
| CHEVRON CORP NEW COM | 491,732 | 491,732 |
| CHUGAI PHARMAC | 30,121 | 30,121 |
| CIGNA GROUP COM | 32,032 | 32,032 |
| CISCO SYS INC | 147,645 | 147,645 |
| CME GROUP INC | 284,017 | 284,017 |
| COCA-COLA EUROPACIFIC PARTNERS PLC | 33,873 | 33,873 |
| COLOPLAST A/S SPONSORED ADR | 9,014 | 9,014 |
| CORNING INC | 351,696 | 351,696 |
| CREDICORP LTD COM | 44,547 | 44,547 |
| CSX CORP COM | 35,110 | 35,110 |
| CVS HEALTH CORP COM | 29,762 | 29,762 |
| DAIFUKU CO LTD ADR | 9,014 | 9,014 |
| DAIKIN INDS LTD ADR | 17,170 | 17,170 |
| DASSAULT SYS S A SPONSORED ADR | 23,006 | 23,006 |
| DBS GROUP HLDGS LTD SPONS ADR | 86,427 | 86,427 |
| DELL TECHNOLOGIES INC CL C | 294,208 | 294,208 |
| DIAGEO PLC SPONSORED ADR NEW | 29,748 | 29,748 |
| DISCO CORP ADR | 12,860 | 12,860 |
| DSM-FIRMENICH AG SPONSORED ADR | 23,648 | 23,648 |
| EATON CORP PLC SHS | 561,856 | 561,856 |
| ELI LILLY & CO | 924,084 | 924,084 |
| ENN ENERGY HLDGS LTD ADR | 15,162 | 15,162 |
| EPAM SYS INC COM | 44,426 | 44,426 |
| EPIROC AKTIEBOLAG ADR | 11,753 | 11,753 |
| EQUINIX INC COM | 37,716 | 37,716 |
| ERSTE BK GROUP AG SPONS ADR | 44,067 | 44,067 |
| EVENTIDE HEALTHCARE & LIFE SCIENCES FUND | 345,073 | 345,073 |
| EXPERIAN PLC SPON ADR | 26,535 | 26,535 |
| EXXON MOBIL CORP | 233,319 | 233,319 |
| FANUC CORPORATION ADR | 20,916 | 20,916 |
| FASTENAL CO | 126,490 | 126,490 |
| FIRSTENERGY CORP COM | 32,301 | 32,301 |
| FOMENTO ECONOMICO MEX S A B DE C V | 23,082 | 23,082 |
| FREEPORT-MCMORAN INC CL B | 35,338 | 35,338 |
| GENL DYNAMICS CORP | 150,980 | 150,980 |
| GENMAB A/S SPONSORED ADR | 7,033 | 7,033 |
| GQG PARTNERS EMERGING MARKETS EQUITY FUND | 2,069,495 | 2,069,495 |
| GRAINGER W W INC COM | 44,270 | 44,270 |
| GRUPO FINANCIERO BANORTE SAB DE CV | 8,667 | 8,667 |
| GSK PLC SPONSORED ADR NEW | 24,790 | 24,790 |
| HAIER SMART HOME CO LTD ADR | 15,638 | 15,638 |
| HALEON PLC ADR | 61,523 | 61,523 |
| HDFC BK LTD ADR REPSTG | 28,673 | 28,673 |
| HEINEKEN N V SPONS ADR | 15,037 | 15,037 |
| HOME DEPOT INC | 538,751 | 538,751 |
| HP INC COM | 175,713 | 175,713 |
| ICON PLC LTD SHS | 8,598 | 8,598 |
| ILL TOOL WORKS INC | 272,070 | 272,070 |
| INFINEON TECHNOLOGIES AG I | 30,387 | 30,387 |
| ING GROEP N V ADR | 43,829 | 43,829 |
| INTERCONTINENTAL EXCHANGE INC COM | 11,325 | 11,325 |
| INTUIT COM | 36,453 | 36,453 |
| INTUITIVE SURGICAL INC COM NEW | 38,625 | 38,625 |
| JPMORGAN BETABUILDERS DEVELOPED ASIA PAC EX-JAPAN ETF | 1,508,813 | 1,508,813 |
| JOHNSON & JOHNSON | 325,684 | 325,684 |
| JPMORGAN CHASE & CO | 507,466 | 507,466 |
| KEURIG DR PEPPER INC COM | 264,540 | 264,540 |
| KINDER MORGAN INCORP | 219,912 | 219,912 |
| KOMATSU LTD SPONSORED ADR NEW | 13,441 | 13,441 |
| KUBOTA CORP ADR FORMERLY KUBOTA LTD ADR | 16,765 | 16,765 |
| LINDE PLC NEW SHS | 15,491 | 15,491 |
| LOCKHEED MARTIN CORP | 354,250 | 354,250 |
| LOREAL CO ADR | 24,432 | 24,432 |
| LOWES COS INC COM | 38,748 | 38,748 |
| LVMH MOET HENNESSY LOUIS VUITTON ADR | 24,962 | 24,962 |
| MAGNA INTERNATIONAL INC COM | 17,552 | 17,552 |
| MANULIFE FINL CORP COM | 30,986 | 30,986 |
| MARATHON PETE CORP COM | 28,040 | 28,040 |
| MARSH & MCLENNAN COS INC | 561,824 | 561,824 |
| MATTHEWS JAPAN FUND | 875,896 | 875,896 |
| MC DONALDS CORP | 571,663 | 571,663 |
| MERCADOLIBRE INC COM | 15,304 | 15,304 |
| MERCK & CO INC NEW COM | 700,041 | 700,041 |
| META PLATFORMS INC CL A | 112,418 | 112,418 |
| METLIFE INC COM | 33,243 | 33,243 |
| MFS MID CAP VALUE | 2,398,970 | 2,398,970 |
| MICHELIN COMPAGNIE GENERALE DES ESTABLISHMENTS | 26,978 | 26,978 |
| MICROSOFT CORP | 691,682 | 691,682 |
| MONDELEZ INTL INC COM | 616,772 | 616,772 |
| MONOTARO CO LTD ADR | 35,343 | 35,343 |
| MONSTER BEVERAGE CORP NEW COM | 27,962 | 27,962 |
| MORGAN STANLEY COM NEW | 36,459 | 36,459 |
| MUNICH RE GROUP ADR | 30,531 | 30,531 |
| NESTLE SA SPONSORED ADR | 20,425 | 20,425 |
| NETFLIX INC COM | 64,175 | 64,175 |
| NEXTERA ENERGY INC | 549,145 | 549,145 |
| NIDEC CORP SPONS ADR | 9,183 | 9,183 |
| NOVO NORDISK A.S. ADR | 6,624 | 6,624 |
| NOVOZYMES NOVOZYMES B SPONS ADR | 8,085 | 8,085 |
| NVIDIA CORP COM | 181,694 | 181,694 |
| ONEOK INC | 224,896 | 224,896 |
| OTIS WORLDWIDE CORP COM | 93 | 93 |
| OTSUKA HLDGS CO LTD ADR | 34,138 | 34,138 |
| PALO ALTO NETWORKS INC COM | 36,756 | 36,756 |
| PAN PAC INTL HLDGS CORP ADR | 37,617 | 37,617 |
| PAYCHEX INC | 320,823 | 320,823 |
| PAYPAL HLDGS INC COM | 33,969 | 33,969 |
| PEPSICO INC NC | 603,070 | 603,070 |
| PERUSAHAAN PERSEROAN PERSERO | 10,413 | 10,413 |
| PG&E CORP COM | 43,548 | 43,548 |
| PHILIP MORRIS INTL INC COM | 32,856 | 32,856 |
| PHILLIPS 66 COM | 310,004 | 310,004 |
| PING AN INS GROUP CO CHINA LTD SPON | 7,194 | 7,194 |
| PNC FINL SVCS GP | 582,021 | 582,021 |
| PPL CORPORATION | 305,384 | 305,384 |
| PROCTER & GAMBLE | 659,200 | 659,200 |
| PROLOGIS INC COM | 184,235 | 184,235 |
| QUALCOMM INC | 251,015 | 251,015 |
| REALTY INCOME CORP | 354,055 | 354,055 |
| RENTOKIL INITIAL PLC SPONS | 18,661 | 18,661 |
| RIO TINTO PLC SPONSORED ADR | 13,938 | 13,938 |
| ROCHE HLDGS LTD SPONSORED ADR | 50,332 | 50,332 |
| RTX CORPORATION | 216,975 | 216,975 |
| S&P GLOBAL INC COM | 35,858 | 35,858 |
| SAFRAN S A ADR | 40,439 | 40,439 |
| SALESFORCE INC COM | 55,499 | 55,499 |
| SAP SE SPONSORED ADR | 32,500 | 32,500 |
| SCHNEIDER UNSP ADR | 28,096 | 28,096 |
| SELECT SECTOR SPDR TR FINANCIAL | 42,869 | 42,869 |
| SEMPRA | 453,776 | 453,776 |
| SHELL PLC SPONSORED | 30,072 | 30,072 |
| SHERWIN-WILLIAMS CO COM | 32,973 | 32,973 |
| SHIMANO SHS UNSPONSORED | 6,744 | 6,744 |
| SHIONOGI & CO LTD ADR | 9,653 | 9,653 |
| SONOVA HLDG AG ADR | 11,057 | 11,057 |
| SONY GROUP CORP AMERN SH | 61,618 | 61,618 |
| SOUTHWEST AIRLS CO COM | 28,476 | 28,476 |
| STARBUCKS CORP COM | 9,216 | 9,216 |
| STRYKER CORP COMMON | 30,604 | 30,604 |
| SYMRISE AG ADR | 38,189 | 38,189 |
| SYSMEX CORP ADR | 22,155 | 22,155 |
| TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR | 80,378 | 80,378 |
| TARGET CORP COM | 32,578 | 32,578 |
| TECHNIPFMC LIMITED REGISTERED SHS | 32,181 | 32,181 |
| TECHTRONICS IND LTD SPON ADR | 10,694 | 10,694 |
| TENCENT HLDGS LTD ADR | 21,697 | 21,697 |
| TERADATA CORP DEL COM | 18,659 | 18,659 |
| TESLA INC COM | 32,307 | 32,307 |
| TEXAS INSTRUMENTS | 451,712 | 451,712 |
| THERMO FISHER SCIENTIFIC INC COM | 44,740 | 44,740 |
| TOTALENERGIES SE SPONS ADR | 19,947 | 19,947 |
| TRAVELERS COMPANIES INC COM | 604,634 | 604,634 |
| UBER TECHNOLOGIES INC COM | 39,751 | 39,751 |
| UNICHARM CORP SPONSORED ADR | 7,282 | 7,282 |
| UNILEVER PLC SPON ADR NEW | 22,623 | 22,623 |
| UNION PAC CORP COM | 28,961 | 28,961 |
| UNITED PARCEL SER INC CL-B | 90,792 | 90,792 |
| UNITEDHEALTH GROUP INC COM | 52,609 | 52,609 |
| VERIZON COMMUNICATIONS INC COM | 52,907 | 52,907 |
| VISA INC COM CL A | 95,444 | 95,444 |
| WEC ENERGY GROUP INC COM | 201,998 | 201,998 |
| WELLS FARGO & CO NEW COM | 29,150 | 29,150 |
| WILLIAMS CO INC | 757,193 | 757,193 |
| WORKDAY INC CL A | 34,576 | 34,576 |
| ZOETIS INC COM | 25,743 | 25,743 |
| ZTO EXPRESSCAYMAN INC SPONS ADR | 10,889 | 10,889 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESCO GLOBAL CLEAN ENERGY ETF | FMV | 146,708 | 146,708 |
| INVESCO S&P 500 EQUAL WEIGHT ETF | FMV | 23,583,505 | 23,583,505 |
| JP MORGAN TR I EMERGING MKTS EQUITY FUND CLASS I | FMV | 1,314,908 | 1,314,908 |
| SPDR SER TR S&P 400 MID CAP GROWTH ETF | FMV | 371,107 | 371,107 |
| SPDR SER TR S&P 600 SMALL CAP GROWTH ETF | FMV | 365,827 | 365,827 |
| THE ISHARES CORE MSCI EUROPE ETF | FMV | 2,302,895 | 2,302,895 |
| UBS US DIVIDEND RULER PRICE FUND CLASS P | FMV | 492,541 | 492,541 |
| UBS US QUALITY GROWTH AT REASONABLE PRICE FUND | FMV | 2,039,025 | 2,039,025 |
| VANGUARD TOTAL BD MARKET ETF | FMV | 5,909,276 | 5,909,276 |
| VANGUARD HIGH DIVID YIELD ETF | FMV | 382,770 | 382,770 |
| VANGUARD S&P 500 ETF | FMV | 344,838 | 344,838 |
| VANGUARD SCOTTSDALE FDS VANGUARD LONG-TERM TREAS | FMV | 2,227,118 | 2,227,118 |
| EATON VANCE FLOATING RATE FUND | FMV | 1,067,674 | 1,067,674 |
| GMO OPPORTUNISTIC INCOME FUND | FMV | 1,665,885 | 1,665,885 |
| GOLDMAN SACHS EMERGING MARKETS EQUITY INSIGHTS FUND | FMV | 744,967 | 744,967 |
| GUGGENHEIM TOTAL RETURN BOND FUND INSTITUTIONAL | FMV | 8,865,851 | 8,865,851 |
| ISHARES INC CORE MSCI EMERGING MKTS ETF | FMV | 730,976 | 730,976 |
| ISHARES INTM GOV/CR BD ETF | FMV | 4,072,370 | 4,072,370 |
| ISHARES MSCI EUROZONE ETF | FMV | 2,461,858 | 2,461,858 |
| ISHARES MSCI SWITZ ETF | FMV | 502,527 | 502,527 |
| ISHARES MSCI UNTD KINGDOM ETF | FMV | 1,672,050 | 1,672,050 |
| ISHARES RUSSELL 1000 GRW ETF | FMV | 8,386,998 | 8,386,998 |
| ISHARES RUSSELL MID-CAP GROWTH ETF | FMV | 558,207 | 558,207 |
| ISHARES RUSSELL MID-CAP VALUE ETF | FMV | 2,537,651 | 2,537,651 |
| ISHARES TR CORE S&P 500 ETF | FMV | 3,930,028 | 3,930,028 |
| ISHARES TR CORE S&P 500 ETF | FMV | 347,158 | 347,158 |
| ISHARES TR MSCI EAFE ETF | FMV | 1,029,506 | 1,029,506 |
| LORD ABBETT ULTRA SHORT BOND FUND | FMV | 1,059,624 | 1,059,624 |
| PIMCO INVESTMENT GRADE CREDIT BOND FUND | FMV | 947,355 | 947,355 |
| PRINCIPAL SPECTRUM PREFERRED AND CAPITAL SECURITIES | FMV | 1,048,206 | 1,048,206 |
| TCW EMERGING MARKETS INCOME FUND | FMV | 2,187,332 | 2,187,332 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 640,000 | 0 | 640,000 | 640,000 |
| BUILDINGS | 27,419,895 | 7,922,320 | 19,497,575 | 19,497,575 |
| BUILDING IMPROVEMENTS | 1,786,315 | 600,770 | 1,185,545 | 1,185,545 |
| FURNITURE & EQUIPMENT | 255,589 | 222,979 | 32,610 | 32,610 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LOCKE LORD LLP | 478,145 | 0 | 478,145 | |
| GIANNI & ORIGONI | 144,780 | 0 | 144,780 | |
| IMPRESA SERVIZI SRLS | 37,440 | 0 | 37,440 | |
| STUDIO LEGALE GUILI | 37,440 | 0 | 37,440 | |
| DENTONS LLP | 19,890 | 0 | 19,890 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK | 1,343,694,743 | 1,345,694,743 | 1,345,694,743 |
| SECURITY DEPOSITS | 2,919 | 2,919 | 2,919 |
| PREPAID DEBIT CARDS | 21,201 | 19,664 | 19,664 |
| WEBSITE, NET | 23,254 | 56,652 | 56,652 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ART HANDLING & RELATED EXPENSES | 652,586 | 0 | 652,586 | |
| SETTLEMENT | 600,000 | 0 | 0 | |
| INSURANCE | 356,088 | 0 | 356,088 | |
| OFFICE & MISCELLANEOUS EXPENSE | 98,009 | 0 | 98,009 | |
| CATALOGS, PHOTOS, PROMOTION | 167,377 | 0 | 167,377 | |
| COMMISSION EXPENSE | 70,875 | 70,875 | 0 | |
| SECURITY EXPENSE | 22,705 | 0 | 22,705 | |
| REPAIRS AND MAINTENANCE | 8,867 | 0 | 8,867 | |
| COMPUTER EXPENSES | 6,337 | 0 | 6,337 | |
| PACKING AND SHIPPING | 1,909 | 0 | 1,909 | |
| BANK SERVICE CHARGES | 1,711 | 1,711 | 0 | |
| FILING FEE | 1,500 | 0 | 1,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CURRENCY EXCHANGE LOSS | -88,642 | -88,642 | -88,642 |
| INSURANCE PROCEEDS | 110,503 | 110,503 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 7,072,186 |
| UNREALIZED APPRECIATION ON DONATION OF ARTWORK | 800,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 609,507 | 609,507 | 0 | |
| CONFERENCE CONSULTING FEES | 17,611 | 0 | 17,611 | |
| PROGRAM CONSULTING FEES | 37,101 | 0 | 37,101 | |
| INVESTMENT PORTFOLIO CONSULTING | 26,551 | 26,551 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 110,368 | 0 | 110,368 | |
| EXCISE TAXES | 50,000 | 0 | 0 | |
| FOREIGN WITHHOLDING TAXES | 4,708 | 4,708 | 0 |