| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCTG FEES | 6,920 | 3,460 | 3,460 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFC FLEXSHARES TR IBOXX 3 YR TARGET DURATION TIPS INDEX FD IBOXX 3 YR TARGET | 206,110 | 206,598 |
| MFC ISHARES TR BROAD USD HIGH YIELD CORPORATE BD ETF | 100,189 | 104,503 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MFB NORTHERN FUNDS STOCK INDEX FD | AT COST | 718,000 | 1,972,219 |
| MFC ISHARES TR RUSSELL 1000 ETF | AT COST | 195,075 | 288,295 |
| MFC SPDR S&P 500 ETF TRUST UNITS SER 1 S&P | AT COST | 23,406 | 78,467 |
| MFB NORTHERN EQUITY INDEX FUNDS MID CAP INDEX | AT COST | 155,014 | 181,703 |
| MFB NORTHERN FUNDS SMALL CAP INDEX FD | AT COST | 56,658 | 63,657 |
| MFO DFA INVESTMENT DIMENSIONS GROUP INC US SMALL CAP | AT COST | 61,297 | 95,259 |
| MFC ETF I SHARES MSCI EAFE | AT COST | 167,142 | 236,973 |
| MFO MFS INSTL INTL EQUITY FD | AT COST | 388,622 | 490,676 |
| MFB NORTHERN FUNDS EMERGING MARKETS EQUITY INDEX | AT COST | 47,940 | 69,794 |
| MFO DFA INVT DIMENSIONS GROUP INC EMERGING MKTS CORE EQUITY PORT | AT COST | 65,543 | 92,580 |
| MFO FIDELITY ADVISOR SER VIII EMERGING MKTS FD CL I | AT COST | 55,114 | 70,315 |
| MFC FLEXSHARES TRUST STOXX GLOBAL BROAD INFRASTRUCTURE IDX | AT COST | 128,794 | 160,393 |
| MFB NORTHERN FDS GLOBAL REAL ESTATE INDEX FD | AT COST | 14,296 | 28,412 |
| MFO DFA INVT DIMENSIONS GROUP INC REAL ESTATE SECS PORTFOLIO | AT COST | 63,837 | 64,976 |
| MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD | AT COST | 75,841 | 105,850 |
| ACCRUED INCOME | AT COST | 1,996 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 147 | 147 | 147 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | 17,008 | 17,008 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 6,648 | 0 | 0 | |
| FOREIGN TAXES | 1,399 | 1,399 | 0 |