| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 22,219 | 4,444 | 17,775 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD S&P 500 | 6,281,154 | 15,070,736 |
| VANGUARD EMERGING MARKERTS | 1,210,529 | 1,240,474 |
| VANGUARD INTERMEDIATE TERM BOND INDEX | 3,369,118 | 3,113,067 |
| VANGUARD MIDCAP INDEX FUND | 763,078 | 1,734,946 |
| VANGUARD DODGE & COX INCOME FUND | 4,964,021 | 4,601,485 |
| VANGUARD DODGE & COX INTERNATIONAL STOCK | 3,396,314 | 3,945,076 |
| VANGUARD SMALL CAP INDEX FUND A | 1,016,914 | 1,773,487 |
| VANGUARD PIMCO | 1,205,999 | 1,059,347 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TRACT 25 - 11.25 ACRES | 2,531 | 0 | 2,531 | |
| TRACT 33 - 15 ACRES | 4,500 | 0 | 4,500 | |
| TRACT 34 - 11.25 ACRES | 2,250 | 0 | 2,250 | |
| TRACT 37 - 22.50 ACRES | 4,500 | 0 | 4,500 | |
| TRACT 50 - 1.99 ACRES | 2,000 | 0 | 2,000 | |
| TRACT 41 - 11.25 ACRES | 4,500 | 0 | 4,500 | |
| TRACT 43 - 5 ACRES | 1,250 | 0 | 1,250 | |
| TRACT 34 - ADDL | 938 | 0 | 938 | |
| TRACT 37 - ADDL | 9,139 | 0 | 9,139 | |
| TRACT 37 - ADDL | 13,612 | 0 | 13,612 | |
| TRACT 37 - ADDL | 2,812 | 0 | 2,812 | |
| TRACT 37 - 1.75 ACRES | 1,750 | 0 | 1,750 | |
| TRACT 25 - 1.125 ACRES | 1,125 | 0 | 1,125 | |
| TRACT 41 - 2.25 ACRES | 2,250 | 0 | 2,250 | |
| TRACT 37 - ADDL | 100 | 0 | 100 | |
| ADDL - B WHITE TRUST | 117 | 0 | 117 | |
| ADDL - MOCO | 3,500 | 0 | 3,500 | |
| FIREPROOF FILE CABINETS | 13,516 | 13,516 | 0 | |
| COMPUTER | 1,952 | 1,952 | 0 | |
| KNOLL OFFICE FURNITURE | 2,648 | 2,648 | 0 | |
| C GRANT - 70 ACRES | 919 | 0 | 919 | |
| JM BEEN TRUST 70 ACRES | 200 | 0 | 200 | |
| BJ WHITE TRUST 70 ACRES | 83 | 0 | 83 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,254 | 5,254 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNDEVELOPED MINERAL PROPERTIES | 222,949 | 222,949 | 2,506,008 |
| PRODUCING ROYALTY INTERESTS | 0 | 0 | 1,026,306 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 408 | 0 | 408 | |
| BANK CHARGES | 55 | 55 | 0 | |
| COPIER | 132 | 26 | 106 | |
| HEALTH REIMBURSEMENT | 10,000 | 2,000 | 8,000 | |
| INSURANCE | 6,106 | 1,221 | 4,885 | |
| INTERNET | 2,389 | 0 | 2,389 | |
| MEMBERSHIP DUES | 2,705 | 0 | 2,705 | |
| OFFICE SUPPLIES | 8,088 | 1,618 | 6,470 | |
| POSTAGE | 187 | 19 | 168 | |
| RETIREMENT | 1,906 | 381 | 1,525 | |
| SUBSCRIPTIONS | 2,560 | 1,280 | 1,280 | |
| SEMINARS | 450 | 0 | 450 | |
| OTHER REIMBURSEMENTS | 2,194 | 439 | 1,755 | |
| REPAIRS | 63 | 6 | 56 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL & GAS ROYALTIES | 1,227,851 | 1,227,851 | 1,227,851 |
| OIL & GAS LEASE BONUSES | 110,504 | 110,504 | 110,504 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED PAYROLL | 1,303 | 2,049 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT LABOR | 19,475 | 19,475 | 0 | |
| ELWOOD ASSOCIATES - INVESTMENT ADVISOR | 4,000 | 4,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 402 | 402 | 0 | |
| FOREIGN TAX ON INVESTMENTS | 18,554 | 18,554 | 0 | |
| INCOME TAX | 57,000 | 0 | 0 | |
| PAYROLL TAXES | 7,650 | 1,530 | 6,120 | |
| FEDERAL WITHHOLDING | 113 | 0 | 0 |