| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,215 | 0 | 5,215 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BAXTER INTL | 1,912 | 8,748 |
| COCA COLA CO | 10,585 | 31,130 |
| CORPORATE AMERICA-SEE ATTACHED | 2,528,221 | 8,058,359 |
| MONDELEZ INTL INC CL A | 2,812 | 17,919 |
| PEPSICO | 6,710 | 30,412 |
| ISHARES S&P 500 INDEX | 71,420 | 485,661 |
| ISHARES S&P MIDCAP 400 INDEX | 163,979 | 351,117 |
| ISHARES S&P SMALL CAP 600 | 102,271 | 207,972 |
| WTC SMID CAP | 247,100 | 333,045 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DIRECT TV HOLDINGS LLC | AT COST | 51,209 | 50,500 |
| ESSEX PPTY TR INC COM | AT COST | 6,864 | 42,816 |
| TAX MANAGED VALUE STRATEGY-SEE ATTACHED | AT COST | 450,161 | 1,638,128 |
| VANGUARD ALL WORLD ETF | AT COST | 169,776 | 206,102 |
| VANGUARD EMERGING MARKET EQUITY ETF | AT COST | 160,955 | 179,683 |
| ISHARES TR 3 8 YR TREAS BD | AT COST | 39,849 | 34,665 |
| VANGUAR INDEX FDS REIT ETF | AT COST | 81,658 | 89,080 |
| SPDR SERIES TRUST BARC CAPTL EFT | AT COST | 159,132 | 158,258 |
| JP MORGAN EXCHG TRADED F ULTRA SHRT INC | AT COST | 50,269 | 50,370 |
| FUNDVANTAGE TR AMBRUS INSTL | AT COST | 1,091,200 | 1,087,900 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 100 | 0 | 100 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 101 | 0 | 101 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 104,341 | 104,341 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 261 | 0 | 0 | |
| FEDERAL TAX | 1,580 | 0 | 0 |