| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 25,937 | 12,969 | 12,968 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ARISTOTLE SHORT DURATION | 682,911 | 677,261 |
| BLACKROCK STRATEGIC INCO | 651,699 | 681,539 |
| CARLYLE TACTICAL PRIVATE CR FD CL N | 613,551 | 616,318 |
| LAZARD INTERNATIONAL | 536,191 | 502,229 |
| LOOMIS SAYLES INVESTMENT | 1,525,675 | 1,491,510 |
| OAKMARK INTERNATIONAL AD | 489,046 | 481,067 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMG PANTHEON FUND CLASS | 1,000,000 | 1,052,201 |
| ARES CAPITAL CORP | 571,911 | 645,208 |
| NUVEEN CHURCHILL PRIVATE | 400,000 | 401,296 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 3M CO | AT COST | 11,584 | 16,265 |
| ABBOTT LABORATORIES | AT COST | 10,903 | 12,216 |
| ABBVIE INC | AT COST | 23,825 | 28,787 |
| ADVANCED ENERGY IND | AT COST | 10,695 | 11,216 |
| ADYEN | AT COST | 11,192 | 10,042 |
| AKAMAI TECHNOLOGIES | AT COST | 7,360 | 6,791 |
| ALBANY INTL CO | AT COST | 8,796 | 7,837 |
| ALNYLAM PHARMACEUTL | AT COST | 22,662 | 28,473 |
| ALPHABET INC | AT COST | 149,183 | 203,390 |
| ALTRIA GROUP INC | AT COST | 11,965 | 14,693 |
| AMAZON.COM INC | AT COST | 104,352 | 173,757 |
| AMERICAN ELEC POWER CO INC | AT COST | 10,257 | 11,344 |
| AMETEK INC NEW | AT COST | 6,401 | 6,850 |
| ANSYS INC | AT COST | 4,906 | 5,397 |
| APOLLO DIVERSIFIED RE FD CL I | AT COST | 721,231 | 696,033 |
| APPLIED MATERIALS | AT COST | 5,169 | 6,180 |
| ARCH CAP GROUP LTD | AT COST | 15,780 | 18,378 |
| ARCHROCK INC | AT COST | 6,523 | 12,619 |
| ARES CAPITAL CORP | AT COST | 10,294 | 14,693 |
| ARGENX SE | AT COST | 26,921 | 33,210 |
| ARM HLDGS PLC | AT COST | 10,401 | 9,129 |
| ASCENDIS PHARMA | AT COST | 15,210 | 18,998 |
| AT & T INC | AT COST | 12,711 | 20,425 |
| AUTODESK INC | AT COST | 8,322 | 11,527 |
| AUTOMATIC DATA PROCESSING | AT COST | 10,436 | 12,880 |
| BANK OF AMERICA CORP | AT COST | 12,245 | 19,734 |
| BANK OF NY MELLON CO | AT COST | 11,522 | 20,744 |
| BECTON DICKINSON & CO | AT COST | 19,518 | 18,830 |
| BERKLEY W R CORP | AT COST | 5,077 | 5,442 |
| BH1 PROPERTIES LP | AT COST | 262,173 | 262,173 |
| BIO-RAD LABS INC | AT COST | 8,792 | 7,884 |
| BLACKROCK INC | AT COST | 25,660 | 39,979 |
| BLOCK INC | AT COST | 17,976 | 28,642 |
| BLUEPRINT MEDICINES CORP | AT COST | 6,638 | 11,775 |
| BOSTON BEER CO INC | AT COST | 11,884 | 9,899 |
| BROADCOM INC | AT COST | 7,331 | 20,866 |
| BROADRIDGE FINANCIAL SOLUTION | AT COST | 9,188 | 9,722 |
| BROOKFIELD ASSET MANAG F | AT COST | 5,582 | 9,375 |
| BROOKFIELD CORP | AT COST | 26,870 | 49,522 |
| BROOKFIELD INFRASTRUCT F | AT COST | 22,554 | 26,087 |
| BROOKFIELD RENEW COR F | AT COST | 7,257 | 7,828 |
| BROWN & BROWN INC | AT COST | 22,911 | 32,442 |
| CABOT CORP | AT COST | 4,587 | 6,026 |
| CACTUS INC | AT COST | 19,892 | 23,169 |
| CADENCE DESIGN SYS | AT COST | 23,978 | 30,046 |
| CARLYLE ENERGY MEZZANINE OPP FD II | AT COST | 3,362 | 3,362 |
| CARMAX INC | AT COST | 15,786 | 17,742 |
| CATERPILLAR INC | AT COST | 21,322 | 29,384 |
| CAVA GROUP INC | AT COST | 3,683 | 3,046 |
| CBRE GROUP INC | AT COST | 14,841 | 24,551 |
| CCC INTELLIGENT SOLUTION | AT COST | 9,609 | 9,384 |
| CEMOF II AIV TWO LP | AT COST | 93,692 | 93,692 |
| CHIPOTLE MEXICAN GRL | AT COST | 31,645 | 51,556 |
| CIRRUS LOGIC INC | AT COST | 6,691 | 8,365 |
| CISCO SYSTEMS INC | AT COST | 32,355 | 35,224 |
| CITIGROUP INC | AT COST | 6,601 | 11,474 |
| CITIZENS FINL GROUP INC | AT COST | 5,106 | 8,446 |
| COMCAST CORP | AT COST | 17,995 | 15,200 |
| CONNECTONE BANCORP | AT COST | 4,228 | 4,513 |
| CONOCOPHILLIPS | AT COST | 32,474 | 28,065 |
| CONSTELLATION BRAND | AT COST | 34,552 | 30,940 |
| COPART INC | AT COST | 35,400 | 46,256 |
| COSTAR GROUP INC | AT COST | 31,725 | 28,779 |
| CROWN CASTLE | AT COST | 8,434 | 8,078 |
| CSX CORP | AT COST | 16,975 | 17,910 |
| DANAHER CORP | AT COST | 11,230 | 11,707 |
| DARLING INGREDIENTS | AT COST | 10,786 | 6,974 |
| DENNYS CORP | AT COST | 6,396 | 4,344 |
| DIGI INTERNTNL | AT COST | 6,831 | 7,195 |
| DIODES INC | AT COST | 2,872 | 2,220 |
| DOCUSIGN INC | AT COST | 10,472 | 20,866 |
| DOMINOS PIZZA INC | AT COST | 15,526 | 17,630 |
| DOORDASH INC | AT COST | 6,753 | 8,555 |
| DOW INC. | AT COST | 18,326 | 14,166 |
| DUPONT DE NEMOURS INC | AT COST | 11,199 | 10,370 |
| EASTGROUP PROPERTIES | AT COST | 7,122 | 6,580 |
| EASTMAN CHEMICAL CO | AT COST | 9,727 | 11,324 |
| ENERSYS | AT COST | 9,246 | 8,504 |
| ENTEGRIS INC | AT COST | 4,669 | 4,656 |
| ENTEGRIS INC | AT COST | 3,457 | 3,071 |
| EXXON MOBIL CORP | AT COST | 42,064 | 42,383 |
| F B FINL CORP | AT COST | 6,238 | 10,663 |
| FAIR ISAAC CORP | AT COST | 21,968 | 29,864 |
| FASTENAL CO | AT COST | 8,354 | 10,715 |
| FIDELITY NATL FINL | AT COST | 7,079 | 9,993 |
| FIFTH THIRD BANCORP | AT COST | 12,444 | 21,098 |
| FIRSTCASH HLDGS INC | AT COST | 6,653 | 7,148 |
| FLOOR & DECOR HLDGS INC | AT COST | 3,051 | 2,991 |
| FORD MOTOR CO | AT COST | 8,110 | 6,831 |
| FORMFACTOR INC | AT COST | 6,000 | 7,216 |
| FOUR CORNERS PROPERTY TR | AT COST | 6,001 | 6,568 |
| FRANKLIN ELECTRIC CO | AT COST | 9,412 | 9,745 |
| GALLAGHER ARTHUR J & CO | AT COST | 10,742 | 10,786 |
| GALLAGHER ARTHUR J & CO | AT COST | 35,182 | 43,997 |
| GAMING & LEISURE PPT | AT COST | 6,841 | 7,224 |
| GARTNER INC | AT COST | 16,676 | 22,770 |
| GENERAL DYNAMICS | AT COST | 15,438 | 18,444 |
| GILEAD SCIENCES INC | AT COST | 7,254 | 8,960 |
| GRACO INC | AT COST | 4,076 | 4,130 |
| HACKETT GROUP INC | AT COST | 6,534 | 8,417 |
| HEALTHPEAK PPTYS INC | AT COST | 7,444 | 7,986 |
| HEICO CORP | AT COST | 31,013 | 43,915 |
| HELEN OF TROY LTD FORMER | AT COST | 6,164 | 5,265 |
| HEXCEL CORP | AT COST | 7,592 | 6,897 |
| HILTON WORLDWIDE HLD | AT COST | 28,326 | 46,219 |
| HOME DEPOT | AT COST | 31,775 | 40,066 |
| HORACE MANN EDUCATOR | AT COST | 2,192 | 2,942 |
| HUBSPOT INC | AT COST | 28,124 | 37,626 |
| HUNTINGTON BANCSHS | AT COST | 6,866 | 10,641 |
| HYATT HOTELS | AT COST | 6,310 | 9,105 |
| IBM CORP | AT COST | 12,526 | 19,345 |
| IDEXX LABS INC | AT COST | 7,443 | 6,615 |
| INSPERITY INC | AT COST | 8,525 | 6,821 |
| INTUITIVE SURGICAL | AT COST | 28,249 | 48,542 |
| ISHARES CORE S&P 500 | AT COST | 1,334,113 | 1,838,448 |
| ISHARES RUSSELL TOP 200 | AT COST | 695,801 | 971,149 |
| JACK IN THE BOX INC | AT COST | 8,414 | 5,247 |
| JOHNSON & JOHNSON | AT COST | 33,437 | 29,936 |
| JOHNSON CONTROLS | AT COST | 11,082 | 15,786 |
| JOHN HANCOCK MULTIFACTOR | AT COST | 941,101 | 873,671 |
| JOHN HANCOCK MULTIFACTOR SMALL | AT COST | 325,610 | 300,156 |
| JP MORGAN CHASE & CO | AT COST | 41,766 | 68,797 |
| JPMORGAN EMERGING MARKET | AT COST | 638,242 | 667,741 |
| KIMBALL ELECTRONICS | AT COST | 9,268 | 5,919 |
| KINDER MORGAN INC | AT COST | 15,441 | 25,208 |
| KINSALE CAP GROUP INC | AT COST | 18,180 | 17,675 |
| KKR & CO INC | AT COST | 19,701 | 48,514 |
| L3HARRIS TECHNOLOGIES INC | AT COST | 10,971 | 10,724 |
| LAMAR ADVERTISING CO0050 | AT COST | 11,415 | 16,435 |
| LENNAR CORP | AT COST | 13,237 | 16,228 |
| LIBERTY MEDIA CORP | AT COST | 3,938 | 4,958 |
| LIBERTY MEDIA CORP | AT COST | 10,020 | 13,992 |
| LITTELFUSE INC | AT COST | 6,646 | 6,127 |
| LIVE NATION ENTRTMNT | AT COST | 15,789 | 24,087 |
| LOCKHEED MARTIN CORP | AT COST | 14,070 | 16,036 |
| LUXFER HLDGS PLC | AT COST | 5,536 | 6,126 |
| MARKEL GROUP INC | AT COST | 22,417 | 25,893 |
| MARTIN MARIETTA MATERIAL | AT COST | 21,846 | 23,242 |
| MASTERCARD INC | AT COST | 34,910 | 45,285 |
| MCDONALD'S CORP | AT COST | 20,849 | 22,611 |
| MEDTRONIC | AT COST | 14,068 | 14,219 |
| MERCK & CO INC | AT COST | 27,216 | 25,268 |
| MERITAGE HOMES CORP | AT COST | 5,350 | 6,153 |
| METLIFE INC | AT COST | 24,304 | 32,343 |
| MICROCHIP TECHNOLOGY | AT COST | 14,068 | 10,495 |
| MICROSOFT CORP | AT COST | 53,092 | 62,803 |
| MICROSOFT CORP | AT COST | 38,745 | 51,001 |
| MONOLITHIC POWER SYS | AT COST | 19,726 | 23,668 |
| MONOLITHIC POWER SYS | AT COST | 2,885 | 3,550 |
| MOODYS CORP | AT COST | 4,604 | 6,627 |
| MOOG INC | AT COST | 5,980 | 10,039 |
| MSCI INC | AT COST | 17,396 | 20,400 |
| NETFLIX INC | AT COST | 33,820 | 70,414 |
| NORFOLK SOUTHERN CORP | AT COST | 15,491 | 15,021 |
| NOV INC | AT COST | 8,614 | 6,176 |
| NVIDIA CORP | AT COST | 96,281 | 271,400 |
| OKTA INC | AT COST | 21,108 | 22,773 |
| ORACLE CORP | AT COST | 11,636 | 16,664 |
| OREILLY AUTOMOTIVE | AT COST | 31,884 | 41,503 |
| OXFORD INDS INC | AT COST | 8,438 | 7,248 |
| PAPA JOHN'S INTL INC | AT COST | 8,627 | 5,586 |
| PARKER-HANNIFIN CORP | AT COST | 29,958 | 40,706 |
| PAYLOCITY HLDG CORP | AT COST | 14,446 | 14,362 |
| PE PREMIER CARLYLE DISTR OPP IV ONSHORE FEEDER LP | AT COST | 1,031,482 | 1,031,482 |
| PEBBLEBROOK HOTEL TR | AT COST | 4,463 | 4,336 |
| PENN ENTMT INC | AT COST | 6,883 | 6,640 |
| PEPSICO INC | AT COST | 19,548 | 17,639 |
| PERIMETER SOLUTIONS SA F | AT COST | 1,468 | 3,860 |
| PFIZER INC | AT COST | 23,579 | 17,881 |
| PHILIP MORRIS INTL | AT COST | 23,267 | 30,087 |
| PNC FINL SERVICES | AT COST | 10,370 | 16,778 |
| PROCORE TECHNOLOGIES INC | AT COST | 6,049 | 5,470 |
| PROCTER & GAMBLE | AT COST | 39,066 | 44,260 |
| PROGRESSIVE CO OHIO | AT COST | 5,643 | 10,303 |
| PROLOGIS INC | AT COST | 18,135 | 16,489 |
| PRUDENTIAL FINL | AT COST | 23,967 | 30,581 |
| PUB SVC ENTERPISE GP | AT COST | 12,646 | 18,250 |
| QUALCOMM INC | AT COST | 16,227 | 22,889 |
| RAYMOND JAMES FINL | AT COST | 5,252 | 7,922 |
| REGENERON PHARMS INC | AT COST | 44,084 | 37,753 |
| ROCKET LABORATORY USA INC | AT COST | 7,059 | 33,595 |
| ROPER TECHNOLOGIES | AT COST | 22,596 | 23,913 |
| ROSS STORES INC | AT COST | 5,198 | 6,202 |
| RYAN SPECIALTY HOLDINGS | AT COST | 3,015 | 2,823 |
| S & P GLOBAL INC | AT COST | 11,372 | 14,941 |
| S & T BANCORP INC | AT COST | 6,334 | 7,071 |
| SALESFORCE INC | AT COST | 37,192 | 59,176 |
| SANMINA CORP | AT COST | 8,109 | 11,199 |
| SBA COMMUNICATIONS | AT COST | 2,796 | 3,057 |
| SHOPIFY INC | AT COST | 11,708 | 19,565 |
| SOUTHERN CO | AT COST | 21,266 | 26,672 |
| STEELCASE INC. | AT COST | 4,130 | 4,929 |
| STRUCTURE THERAPEUTICS | AT COST | 6,449 | 4,773 |
| TECHTARGET INC | AT COST | 6,424 | 4,380 |
| TELEDYNE TECHNOLOGIES | AT COST | 6,186 | 6,962 |
| TESLA INC | AT COST | 88,040 | 138,113 |
| THE COCA COLA CO | AT COST | 19,365 | 21,417 |
| TRANSDIGM GROUP INC | AT COST | 34,604 | 48,157 |
| TRIUMPH FINL INC | AT COST | 4,758 | 6,816 |
| TYLER TECHNOLOGIES | AT COST | 12,637 | 19,029 |
| UNITED FIRE GROUP | AT COST | 3,075 | 4,410 |
| UNITED HEALTH GROUP INC | AT COST | 19,549 | 17,705 |
| UNITED PARCEL SERVICE | AT COST | 9,441 | 7,314 |
| US BANCORP | AT COST | 15,176 | 21,237 |
| VAIL RESORTS INC | AT COST | 9,515 | 8,248 |
| VANGUARD FTSE DEVELOPED | AT COST | 881,018 | 958,408 |
| VANGUARD TOTAL BOND | AT COST | 1,526,608 | 1,541,894 |
| VEEVA SYS INC | AT COST | 16,223 | 17,451 |
| VERALTO CORP | AT COST | 2,458 | 2,444 |
| VERISIGN INC | AT COST | 3,076 | 3,104 |
| VERISK ANALYTICS INC | AT COST | 14,611 | 16,801 |
| VERISK ANALYTICS INC | AT COST | 5,684 | 6,610 |
| VERIZON COMMUNICATION | AT COST | 20,002 | 24,994 |
| VIAVI SOLUTIONS INC | AT COST | 7,974 | 9,211 |
| VULCAN MATERIALS COM | AT COST | 29,707 | 34,726 |
| W P CAREY INC | AT COST | 10,343 | 9,534 |
| WABTEC | AT COST | 9,335 | 17,063 |
| WALMART INC | AT COST | 20,927 | 36,772 |
| WASTE CONNECTIONS INC | AT COST | 9,163 | 8,751 |
| WATERS CORP | AT COST | 6,386 | 7,791 |
| WELLS FARGO & CO | AT COST | 23,246 | 22,407 |
| WESBANCO INC | AT COST | 5,151 | 6,703 |
| WIX COM LTD | AT COST | 2,175 | 5,149 |
| WSFS FINL CO | AT COST | 7,257 | 9,988 |
| BRIDGE DEBT STRATEGIES FUND II LP | AT COST | 255,741 | 255,741 |
| CEMOF II AIV LP | AT COST | 35,099 | 35,099 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PORTFOLIO DEDUCTIONS - BH1 PROPERTIES LP K-1 | 421 | 407 | 0 | |
| BRIDGE DEBT STRATEGIES FUND II LP K-1 | 1,450 | 1,383 | 0 | |
| CARLYLE ENERGY MESS OPP FD II K-1 | 2,662 | 2,662 | 0 | |
| PE PREMIER CARLYLE DISTRESSED OPP IV ONSHORE FEEDER K-1 | 41,673 | 39,753 | 0 | |
| PORTFOLIO DEDUCTIONS - BRIDGE DEBT STRATEGIES FUND II LP | 1,014 | 460 | 0 | |
| PORTFOLIO DEDUCTIONS - CEMOF II AIV LP | 8,666 | 8,666 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INT INCM-BH1 PROPERTIES LP | 1,699 | 1,699 | 1,699 |
| INT INCM-CARLYLE ENERGY MEZZANINE OPP FUND | 2 | 2 | 2 |
| INT INCM-CEMOF II AIV TWO | 8,742 | 8,742 | 8,742 |
| INT INCM-CEMOF II AIV THREE | 3 | 3 | 3 |
| INT INCM-PE PREMIER OPP IV | 35,398 | 35,398 | 35,398 |
| DIV INCM-PE PREMIER OPP IV | 4,386 | 4,386 | 4,386 |
| INT INCM-CEMOF II AIV LP | 491 | 491 | 491 |
| INC-BRIDGE DEBT STRATEGIES FUND II LP | -154 | -154 | -154 |
| RENTAL REAL ESTATE - BH1 PROPERTIES LP K-1 | -44,254 | -44,254 | |
| ORDINARY INCOME - PE PREMIER CARLYLE DISTRESSED OPP IV | 52,832 | 33,480 | 52,832 |
| SEC 1231 LOSS - PE PREMIER CARLYLE DISTRESSED OPP IV | -5,491 | 156 | -5,491 |
| ORDINARY INCOME - CEMOF II AIV LP | 619 | 619 | |
| SEC 1231 LOSS - BH1 PROPERTIES LP | -1,648 | -1,648 | |
| SEC 1231 GAIN - CEMOF II AIV LP | 109 | 109 | |
| ROYALTIES - CEMOF II AIV LP | 6,849 | 6,849 | |
| LTCG- BRIDGE DEBT STRATEGIES FUND II LP K-1 | -609 | -609 | |
| STCG -PE PREMIER CARLYLE DISTRESSED OPP IV | -37 | 0 | -37 |
| LTCG -PE PREMIER CARLYLE DISTRESSED OPP IV | 6,029 | 6,029 | |
| INT INC - PE PREMIER CARLYLE DISTRESSED OPP IV ONSHORE | 3,154 | 3,154 | |
| DIV INC - PE PREMIER CARLYLE DISTRESSED OPP IV | 1,033 | 1,033 | |
| INT INC - CEMOF II AIV LP | 60 | 60 |
| Description | Amount |
|---|---|
| BROOKFIELD CORP COST BASIS ADJUSTMENT | 39,754 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEE | 135,901 | 135,901 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES PAID | 4,068 | 0 | 0 | |
| PE PREMIER CARLYLE DISTRESSED OPP IV ONSHORE FEEDER K-1 FOREIGN TAX PD | 2,670 | 983 | 0 | |
| 538 | 538 | 0 |