| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 68,280 | 34,140 | 34,140 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LIVE NATION ENTERTAINMENT | 22,080 | 22,080 |
| GUIDEWIRE SOFTWARE INC | 17,712 | 17,712 |
| NUVASIVE INC | 89,863 | 89,863 |
| BOOKING HOLDINGS INC | 42,219 | 42,219 |
| SOUTHWEST AIRLINES CO | 67,749 | 67,749 |
| LYFT INC | 35,532 | 35,532 |
| ZILLOW GROUP INC | 21,981 | 21,981 |
| FIVE9 INC | 35,868 | 35,868 |
| PALO ALTO NETWORKS | 43,890 | 43,890 |
| DATADOG INC | 27,864 | 27,864 |
| ZSCALER INC. | 11,165 | 11,165 |
| CB ROYAL CARIBBEAN | 41,688 | 41,688 |
| OKTA INC | 87,543 | 87,543 |
| SHOPIFY INC | 64,134 | 64,134 |
| SEA LTD | 24,045 | 24,045 |
| CB SOUTHERN CO | 18,909 | 18,909 |
| UBER TECHNOLOGIES INC | 18,144 | 18,144 |
| EXPEDIA GROUP INC | 18,848 | 18,848 |
| AIRBNB INC | 16,884 | 16,884 |
| CERIDIAN HCM HOLDING IN | 43,245 | 43,245 |
| ITRON INC | 31,050 | 31,050 |
| SPOTIFY USA INC | 38,272 | 38,272 |
| TYLER TECHNOLOGIES INC | 21,717 | 21,717 |
| DUKE ENERGY CORP NEW | 37,925 | 37,925 |
| SQUARE INC | 34,318 | 34,318 |
| COINBASE GLOBAL INC | 38,759 | 38,759 |
| Q2 HOLDINGS INC | 34,493 | 34,493 |
| VENTAS RLTY LTD | 28,425 | 28,425 |
| CLOUDFLARE INC | 17,208 | 17,208 |
| INSULET CORP | 29,067 | 29,067 |
| CONFLUENT INC | 24,260 | 24,260 |
| MICROSTRATEGY INC | 24,720 | 24,720 |
| NCL CORPORATION LTD | 47,610 | 47,610 |
| GCB BILL COM HLDGS INC | 80,535 | 80,535 |
| SHIFT4 PAYMENTS INC | 39,775 | 39,775 |
| LIBERTY MEDIA CORP DEL | 28,072 | 28,072 |
| POST HOLDINGS INC | 21,087 | 21,087 |
| AKAMAI TECHNOLOGIES, INC | 18,046 | 18,046 |
| STRIDE INC | 26,189 | 26,189 |
| USD ZTO EXPRESS KY | 18,782 | 18,782 |
| CB WAYFAIR INC | 22,386 | 22,386 |
| SAREPTA THERAPEUTICS INC | 19,764 | 19,764 |
| AXON ENTERPRISE INC | 36,470 | 36,470 |
| MAKEMYTRIP LIMITED | 14,609 | 14,609 |
| ENPHASE ENERGY INC | 29,520 | 29,520 |
| DRAFTKINGS INC | 55,315 | 55,315 |
| FRESHPET INC | 33,165 | 33,165 |
| GRANITE CONSTRUCTION INC | 35,348 | 35,348 |
| INSMED INC | 21,673 | 21,673 |
| SEAGATE HDD CAYMAN | 13,206 | 13,206 |
| ON SEMICONDUCTOR CORP | 17,889 | 17,889 |
| RIVIAN AUTOMOTIVE INC | 19,102 | 19,102 |
| LUMENTUM HOLDINGS INC | 50,112 | 50,112 |
| NRG ENERGY INC | 26,328 | 26,328 |
| EURONET SERVICES INC. | 45,471 | 45,471 |
| SHELL INTERNATIONAL FIN | 180,924 | 180,924 |
| VERIZON COMMUNICATIONS | 174,015 | 174,015 |
| CITIGROUP INC | 175,463 | 175,463 |
| CVS HEALTH CORP | 168,590 | 168,590 |
| WELLS FARGO & COMPANY | 177,334 | 177,334 |
| MORGAN STANLEY | 116,680 | 116,680 |
| COMCAST CORP | 168,715 | 168,715 |
| JPMORGAN CHASE & CO | 223,438 | 223,438 |
| GOLDMAN SACHS GROUP INC | 279,458 | 279,458 |
| AMAZON.COM INC | 172,211 | 172,211 |
| ABBVIE INC | 166,967 | 166,967 |
| AT&T INC | 164,328 | 164,328 |
| UNITEDHEALTH GROUP INC | 163,943 | 163,943 |
| ENTERPRISE PRODUCTS OPER | 159,741 | 159,741 |
| ACCRUED INTEREST | 48,528 | 48,528 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WESTERN ASSET SMSH SERES | 2,977,700 | 2,977,700 |
| WESTERN ASSET SMASH | 1,029,829 | 1,029,829 |
| WESTERN ASSET SMASH | 1,395,853 | 1,395,853 |
| RTY PHARMA PLC SHS CL A | 839,534 | 839,534 |
| ABM INDUSTRIES INC COM | 32,755 | 32,755 |
| AGIOS PHARMACEUTICALS | 23,035 | 23,035 |
| ALAMO GROUP INC | 20,450 | 20,450 |
| AM ERESCO CLASS A | 12,609 | 12,609 |
| AM ICUS THERAPEUTICS INC | 24,633 | 24,633 |
| APPLIED INDUSTRL TECH | 58,910 | 58,910 |
| ARCBEST CORPORATION | 13,065 | 13,065 |
| ARDELYX INC SHS | 19,910 | 19,910 |
| ARMADA HOFFLER PPTYS INC | 11,857 | 11,857 |
| ARTIVION INC | 29,562 | 29,562 |
| ASGN INC | 35,920 | 35,920 |
| ASSOCIATED BANC CRP 01 | 23,303 | 23,303 |
| ATKORE INC | 9,013 | 9,013 |
| ATN INTERNATIONAL INC | 3,799 | 3,799 |
| ATRICURE INC | 28,818 | 28,818 |
| AXSOME THERAPEUTICS INC | 22,929 | 22,929 |
| AZENTA INC | 17,200 | 17,200 |
| BALDWIN INS GRP INC/THE | 40,233 | 40,233 |
| BLACK HILLS CORP | 30,840 | 30,840 |
| BLUEPRINT MEDICINES CORP | 36,807 | 36,807 |
| BOISE CASCADE CO DEL | 43,740 | 43,740 |
| BOX INC CL A | 20,761 | 20,761 |
| BRINKER INTL INC | 62,044 | 62,044 |
| CASELLA WASTE SYS INC A | 41,266 | 41,266 |
| CHART INDS INC | 36,069 | 36,069 |
| CITY HOLDING CO CHARLSTN | 23,459 | 23,459 |
| CLEARWTR ANALYTICS | 18,273 | 18,273 |
| CNO FINL GROUP INC | 33,563 | 33,563 |
| COLUMBUS MCKINNON CP NY | 30,462 | 30,462 |
| CONMED CORP COM | 24,912 | 24,912 |
| CONSTRUCTION PARTNERS | 33,173 | 33,173 |
| CUSHMAN AND WAKEFIELD | 27,625 | 27,625 |
| DANA INC | 11,930 | 11,930 |
| DIA MONDROCK HOSPITALITY | 18,132 | 18,132 |
| ENTERPRISE FINL SVCS CRP | 20,135 | 20,135 |
| ESCO TECHNOLOGIES INC | 23,578 | 23,578 |
| ESSENT GROUP LTD | 33,535 | 33,535 |
| ESSENTIAL PPTYS RLTY TR | 28,402 | 28,402 |
| EXLSERVICE HLDGS INC | 48,552 | 48,552 |
| FEDERAL SIGNAL CORP | 54,048 | 54,048 |
| FIRST ADVANTAGE CORP NEW | 14,609 | 14,609 |
| FIRST BANCORP N C COM | 21,281 | 21,281 |
| FIRST FINANCIAL BANCORP | 24,891 | 24,891 |
| FIRST INTST BANCSYSTEM | 25,749 | 25,749 |
| FOUR CORNERS PROPERTY TR | 26,136 | 26,136 |
| FTA I AVIATION LTD | 24,919 | 24,919 |
| HAND E EQUIP SVCS INC | 22,326 | 22,326 |
| HALOZYME THERAPEUTICS | 41,021 | 41,021 |
| HAMILTON LANE INC REG SH | 25,761 | 25,761 |
| HUB GROUP INC CL A | 19,562 | 19,562 |
| ICH OR HOLDINGS LTD REG | 15,562 | 15,562 |
| IMAX CORP | 32,768 | 32,768 |
| INDEPENDENCE RLTY TR INC | 39,164 | 39,164 |
| INDEPENDENT BK CORP MASS | 24,649 | 24,649 |
| INDEPENDENT BK GROUP INC | 25,724 | 25,724 |
| INS MED INC | 49,018 | 49,018 |
| INTL SEAWAYS INC REG SHS | 5,391 | 5,391 |
| INTRA-CELLULAR THERAPIES | 13,697 | 13,697 |
| IOVANCE BIOTHERAPEUTICS | 10,982 | 10,982 |
| J & J SNACK FOODS CRP | 35,370 | 35,370 |
| JAN US PARENT INC REG SHS | 7,409 | 7,409 |
| KADANT INC | 39,329 | 39,329 |
| KAISER ALUM CORP | 17,497 | 17,497 |
| KB HOME | 26,485 | 26,485 |
| KIT E REALTY GROUP TR SHS | 36,320 | 36,320 |
| KONTOOR BRANDS INC REG | 33,566 | 33,566 |
| LA-Z-BOY INC MICHIGAN | 17,646 | 17,646 |
| LANTHEUS HLDGS INC | 29,701 | 29,701 |
| LIBERTY ENERGY INC | 12,650 | 12,650 |
| LIG AND PHARMACEUTICALS | 34,074 | 34,074 |
| LXP INDUSTRIAL TRUST | 17,929 | 17,929 |
| MAGNOLIA OIL & GAS CORP | 31,563 | 31,563 |
| MALIBU BOATS INC SHS | 10,826 | 10,826 |
| MERIT MEDICAL SYS INC | 44,008 | 44,008 |
| MINERALS TECHNOLOGIES | 53,499 | 53,499 |
| MODINE MFG CO | 21,911 | 21,911 |
| MONTROSE ENVIRONMENTAL | 5,194 | 5,194 |
| MYR GROUP INC DEL | 42,399 | 42,399 |
| NEOGENOMICS INC | 24,341 | 24,341 |
| NM I HOLDINGS INC SHS | 31,577 | 31,577 |
| NORTHWESTERN ENE GR INC | 27,960 | 27,960 |
| OLD NATL BANCORP IND | 45,776 | 45,776 |
| OMNIAB INC REG SHS | 6,549 | 6,549 |
| OM NICELL INC | 20,168 | 20,168 |
| ONESPAWORLD HLDGS LTD | 15,562 | 15,562 |
| PACIFIC PREMIER BANCORP | 20,684 | 20,684 |
| PATTERSON UTI ENERGY INC | 36,204 | 36,204 |
| PERELLA WEINBERG | 8,821 | 8,821 |
| PERMIAN RES CORP | 51,265 | 51,265 |
| PHILLIPS EDISON AND CO | 19,180 | 19,180 |
| PJT PARTNERS INC SHS | 29,984 | 29,984 |
| PRESTIGE CONSUMER | 56,069 | 56,069 |
| PROGRESS SOFTWARE CORP | 24,301 | 24,301 |
| QUAKER HOUGHTON | 19,143 | 19,143 |
| Q2 HOLDINGS INC SHS | 54,250 | 54,250 |
| RAPID7 ORD | 23,374 | 23,374 |
| RENASANT CORP | 13,442 | 13,442 |
| RUBRIK INC REG SHS CL A | 7,124 | 7,124 |
| RXO INC REG SHS | 10,990 | 10,990 |
| SCORPIO TANKERS INC REG | 10,236 | 10,236 |
| SELECTIVE INS GRP INC | 41,803 | 41,803 |
| SEMTECH CORPORATION | 40,512 | 40,512 |
| SILICON LABS INC | 33,415 | 33,415 |
| SM ENERGY CO SHS | 29,651 | 29,651 |
| SONIC AUTOMOTIVE INC A | 19,258 | 19,258 |
| SOUTHSTATE CORP | 35,216 | 35,216 |
| SPIRE INC | 28,896 | 28,896 |
| SPROUT SOCIAL INC REG | 12,960 | 12,960 |
| SPS COMM INC | 36,982 | 36,982 |
| STEVEN MADDEN LTD SHS | 49,961 | 49,961 |
| SUMMIT MATLS INC | 64,262 | 64,262 |
| SUN CTRY AIRLINES | 19,873 | 19,873 |
| SUPERNUS PHARMACEUTICALS | 35,003 | 35,003 |
| TAYLOR MORRISON HOME | 42,051 | 42,051 |
| TECNOGLASS INC | 26,176 | 26,176 |
| TEEKAY TANKERS LTD REG | 5,053 | 5,053 |
| TERRENO REALTY CORP SHS | 25,016 | 25,016 |
| TRANSMEDICS GROUP INC | 19,204 | 19,204 |
| TRAVERE THERAPEUTICS INC | 25,625 | 25,625 |
| UL SOLUTIONS INC | 4,040 | 4,040 |
| UNITED COMMUNITY BANKS | 25,008 | 25,008 |
| URBAN OUTFITTERS INC | 34,849 | 34,849 |
| VALLEY NATL BANCORP N J | 17,250 | 17,250 |
| VARONIS SYSTEMS INC SHS | 39,143 | 39,143 |
| VERINT SYSTEMS INC | 19,737 | 19,737 |
| WA RBY PARKER INC REG SHS | 16,148 | 16,148 |
| WE RNER ENTERPRISES INC | 18,140 | 18,140 |
| WESBANCO INC | 18,613 | 18,613 |
| WNS (HOLDINGS) LTD REG | 17,487 | 17,487 |
| WORKIVA INC CL A | 26,280 | 26,280 |
| WORTHINGTON INDSTRS OHIO | 13,236 | 13,236 |
| WSFS FINANCIAL CORP | 29,434 | 29,434 |
| YELP INC CL A | 19,621 | 19,621 |
| YETI HLDGS INC | 15,443 | 15,443 |
| ZURN ELKAY WATER | 34,652 | 34,652 |
| APOLLO GLOBAL MGMT INC | 36,139 | 36,139 |
| ARES MGMT CORP | 47,830 | 47,830 |
| BOEING CO | 64,604 | 64,604 |
| HP ENTERPRISE CO | 21,698 | 21,698 |
| NEXTERA ENERGY, INC | 50,254 | 50,254 |
| WELLS FARGO & CO NEW | 37,024 | 37,024 |
| ADOBE INC | 207,666 | 207,666 |
| ALPHABET INC SHS CL A | 879,299 | 879,299 |
| AM AZON COM INC COM | 1,290,891 | 1,290,891 |
| AM ERICAN TOWER REIT INC | 54,840 | 54,840 |
| ANALOG DEVICES INCCOM | 399,425 | 399,425 |
| ANHEUSER-BUSCH INBEV ADR | 333,216 | 333,216 |
| APPLE INC | 1,050,011 | 1,050,011 |
| CHENIERE ENERGY | 763,863 | 763,863 |
| CROWN CASTLE INC | 330,366 | 330,366 |
| DANAHER CORP DEL COM | 177,442 | 177,442 |
| DISNEY (WALT) CO COM STK | 199,762 | 199,762 |
| EBAY INC COM | 191,302 | 191,302 |
| ELEVANCE HEALTH INC | 220,233 | 220,233 |
| FORTIVE CORP | 66,825 | 66,825 |
| GENL DYNAMICS CORP COM | 59,022 | 59,022 |
| GILEAD SCIENCES INC COM | 258,728 | 258,728 |
| GOLDMAN SACHS GROUP INC | 281,729 | 281,729 |
| KKR & CO INC CL A | 560,283 | 560,283 |
| KLA CORP | 288,595 | 288,595 |
| LAS VEGAS SANDS CORP | 148,944 | 148,944 |
| LENNAR CORP CL A | 471,158 | 471,158 |
| LIBERTY MEDIA CORP REG | 354,980 | 354,980 |
| LOCKHEED MARTIN CORP | 211,870 | 211,870 |
| LULULEMON ATHLETICA INC | 199,236 | 199,236 |
| LYO NDELLBASELL INDUSTRIE | 66,843 | 66,843 |
| MICROSOFT CORP | 549,636 | 549,636 |
| MOBILEYE GLOBAL INC | 99,620 | 99,620 |
| MODERNA INC | 84,283 | 84,283 |
| MO RGAN STANLEY | 499,108 | 499,108 |
| NASDAQ OMX GRP INC | 395,905 | 395,905 |
| ORACLE CORP $001 DEL | 189,470 | 189,470 |
| POLARIS INC | 65,283 | 65,283 |
| RTX CORP | 57,166 | 57,166 |
| SALESFORCE INC | 295,548 | 295,548 |
| STARBUCKS CORP | 113,059 | 113,059 |
| STATE STREET CORP | 76,263 | 76,263 |
| SYSCO CORPORATION | 116,678 | 116,678 |
| TAIWAN S MANUFCTRING ADR | 199,465 | 199,465 |
| TEXAS INSTRUMENTS | 399,209 | 399,209 |
| THERMO FISHER SCIENTIFIC | 135,780 | 135,780 |
| UNION PACIFIC CORP | 190,185 | 190,185 |
| UNITED RENTALS INCCOM | 113,415 | 113,415 |
| WALMART INC | 416,604 | 416,604 |
| WARNER BROS DISCOVERY | 145,401 | 145,401 |
| WELLS FARGO & CO | 103,183 | 103,183 |
| WORKDAY INC CL A | 548,314 | 548,314 |
| HENKEL AG AND CO KGAA | 40,952 | 40,952 |
| ACS ACTIVIDADES DE | 63,502 | 63,502 |
| ADP | 12,492 | 12,492 |
| AENA SME SA | 10,016 | 10,016 |
| AGEAS NV ACT NOM | 53,858 | 53,858 |
| AIB GROUP PLC REG SHS | 11,590 | 11,590 |
| ARISTOCRAT LEISURE LTD | 11,512 | 11,512 |
| ARKEMA | 9,749 | 9,749 |
| ASAHI GROUP HOLDINGS LTD | 13,155 | 13,155 |
| ASML HOLDING NV ORD SH | 57,629 | 57,629 |
| AVIVA PLC REG SHS | 9,840 | 9,840 |
| AXA | 65,710 | 65,710 |
| BANCO BILBAO VIZCAYA ARG | 14,711 | 14,711 |
| BHP GROUP LTD | 36,045 | 36,045 |
| BNP PARIBAS | 21,831 | 21,831 |
| BOC HONG KONG (HLDGS) | 12,745 | 12,745 |
| BOUYGUES | 30,056 | 30,056 |
| BP PLC | 48,806 | 48,806 |
| BROTHER INDUSTRIES 6448 | 32,260 | 32,260 |
| BUREAU VERITAS SA | 14,826 | 14,826 |
| CAIXABANK | 63,137 | 63,137 |
| CAPGEMINI SA | 10,317 | 10,317 |
| CAR GROUP LTD | 8,812 | 8,812 |
| CARREFOUR | 28,804 | 28,804 |
| CK HUTCHISON HOLDINGS LT | 14,553 | 14,553 |
| COCA-COLA HBC AG NAMEN-A | 65,523 | 65,523 |
| COMMONWEALTH BANK OF AU | 40,421 | 40,421 |
| CSL LTD | 10,635 | 10,635 |
| DAIMLER TRUCK HLDG AG | 71,186 | 71,186 |
| DAITO TRUST CONSTR 1878 | 19,900 | 19,900 |
| DAIWA SECURITIES GRP INC | 10,260 | 10,260 |
| DBS GROUP HOLDINGS LTD | 11,569 | 11,569 |
| DCC ORD EUR 025 | 31,543 | 31,543 |
| DENTSU GROUP 4324 | 21,630 | 21,630 |
| DIA GEO | 11,822 | 11,822 |
| ENDEAVOUR GROUP LTD REG | 11,629 | 11,629 |
| ENEL SPA | 83,045 | 83,045 |
| ERICSSON LM | 34,500 | 34,500 |
| ESSILORLUXOTTICA | 10,490 | 10,490 |
| EVOLUTION AB | 30,349 | 30,349 |
| FORTESCUE LTD | 20,249 | 20,249 |
| GEA GROUP AG | 19,664 | 19,664 |
| GENTING SINGAPORE LTD | 10,378 | 10,378 |
| GSK PLC ORD GBP0 | 70,253 | 70,253 |
| HENDERSON LAND DEVELOPMT | 20,969 | 20,969 |
| HOYA CORP 7741 | 10,336 | 10,336 |
| IBE RDROLA SA, BILBAO | 26,043 | 26,043 |
| IND USTRIA DE DISENO TEXT | 42,510 | 42,510 |
| INP EX CORPORATION | 14,703 | 14,703 |
| INT ESA SANPAOLO SPA | 12,463 | 12,463 |
| ISU ZU MOTORS LTD 7202 FN | 59,248 | 59,248 |
| JAP AN POST HOLDINGS | 12,146 | 12,146 |
| KAJIMA CORP 1812 FN | 37,057 | 37,057 |
| KDDI CORPORATION 9433 | 37,430 | 37,430 |
| KOMATSU LTD JAP 6301 FN | 65,194 | 65,194 |
| LAFRANCAISE DES JEUX SA | 20,350 | 20,350 |
| MITSUBISHI CHEMICAL | 21,488 | 21,488 |
| MITSUI & CO LTD 8031 | 47,622 | 47,622 |
| MIZUHO FIN GRP 8411 | 10,791 | 10,791 |
| MO WI ASA | 36,716 | 36,716 |
| NORDEA BANK ABP REG SHS | 100,156 | 100,156 |
| NOVARTIS AG REG CHF05 | 108,594 | 108,594 |
| NOVO NORDISK A/S BR AND/ | 41,353 | 41,353 |
| ONO PHARMACEUTICAL 4528 | 31,556 | 31,556 |
| ORANGE | 38,663 | 38,663 |
| ORIGIN ENERGY LIMITED | 10,157 | 10,157 |
| OSAKA GAS 9532 FN | 17,894 | 17,894 |
| OVERSEAS-CHINESE BANK | 48,044 | 48,044 |
| PARTNERS GROUP HOLDING, | 43,413 | 43,413 |
| PERSIMMON PLC 1OP FN | 46,526 | 46,526 |
| POSTE ITALIANE SPA AZ | 10,038 | 10,038 |
| PUBLICIS GROUPE | 29,331 | 29,331 |
| RECKITT BENCKISER GROUP | 28,206 | 28,206 |
| REXEL SA, PARIS | 9,196 | 9,196 |
| RIC OH CO LTD | 26,907 | 26,907 |
| RIO TINTO PLC | 100,911 | 100,911 |
| ROCHE HOLDINGS GENUSH FN | 47,062 | 47,062 |
| SAAB AB NPV B | 14,496 | 14,496 |
| SAINT GOBAIN FN | 60,522 | 60,522 |
| SANOFI | 30,770 | 30,770 |
| SAP SE | 49,283 | 49,283 |
| SBI HOLDINGS INC | 10,082 | 10,082 |
| SCREEN HOLDINGS | 23,000 | 23,000 |
| SCSK CORPORATION | 11,040 | 11,040 |
| SEB SA 20 FRF | 18,212 | 18,212 |
| SECOM CO LTD 9735 | 15,198 | 15,198 |
| SEKISUI HOUSE LTD 1928 | 48,694 | 48,694 |
| SEVEN AND I HOLDINGS CO | 11,929 | 11,929 |
| SG HOLDINGS CO LTD REG | 12,081 | 12,081 |
| SIN GAPORE EXCHANGE LTD | 26,419 | 26,419 |
| SITC INTERNATIONAL CO | 9,697 | 9,697 |
| SKF AB B SHS | 11,599 | 11,599 |
| SMITH & NEPHEW PLC | 29,402 | 29,402 |
| SOMPO HOLDINGS INC | 23,844 | 23,844 |
| STMICROELEC SIC 104EUR | 9,125 | 9,125 |
| STELLANTIS NV | 58,549 | 58,549 |
| STOCKLAND | 10,821 | 10,821 |
| SUMITOMO MITSUI FIN 8316 | 62,925 | 62,925 |
| SUNCORP GROUP LTD | 35,651 | 35,651 |
| SYSMEX CO 6869 | 8,850 | 8,850 |
| TELEPERFORMANCE SE | 14,804 | 14,804 |
| TIS INC | 18,328 | 18,328 |
| TOKYO ELECTRON 8035 FN | 12,308 | 12,308 |
| TOTALENERGIES SE | 50,125 | 50,125 |
| VIC INITY CENTERS | 10,572 | 10,572 |
| WH GROUP LTD USD00001 | 18,616 | 18,616 |
| YAMAHA MOTOR 7272 FN | 19,977 | 19,977 |
| ZOZO INC 3092 | 27,943 | 27,943 |
| 3I GROUP | 74,675 | 74,675 |
| ABBVIE INC SHS | 182,853 | 182,853 |
| AIR PRODUCTS&CHEM | 80,051 | 80,051 |
| AUTOMATIC DATA PROC | 108,017 | 108,017 |
| BROADCOM INC | 400,156 | 400,156 |
| CHEVRON CORP | 103,850 | 103,850 |
| CISCO SYSTEMS INC COM | 26,877 | 26,877 |
| CM E GROUP INC | 66,418 | 66,418 |
| CORNING INC | 66,148 | 66,148 |
| DELL TECHNOLOGIES INC | 70,642 | 70,642 |
| EATON CORP PLC | 118,809 | 118,809 |
| ELI LILLY & CO | 213,072 | 213,072 |
| EXXON MOBIL CORP COM | 53,785 | 53,785 |
| FASTENAL COMPANY | 28,189 | 28,189 |
| GENL DYNAMICS CORP COM | 33,990 | 33,990 |
| HOME DEPOT INC | 122,921 | 122,921 |
| HP INC | 38,993 | 38,993 |
| ILLINOIS TOOL WORKS INC | 60,094 | 60,094 |
| JOH NSON AND JOHNSON COM | 75,492 | 75,492 |
| JPMORGAN CHASE & CO | 108,828 | 108,828 |
| KEURIG DR PEPPER INC | 59,037 | 59,037 |
| KIN DER MORGAN INC DEL | 47,375 | 47,375 |
| LOCKHEED MARTIN CORP | 78,722 | 78,722 |
| MA RSH & MCLENNAN COS INC | 121,711 | 121,711 |
| MC DONALDS CORP COM | 130,161 | 130,161 |
| ME RCK AND CO INC SHS | 159,665 | 159,665 |
| MICROSOFT CORP | 131,087 | 131,087 |
| MO NDELEZ INTERNATIONAL | 141,859 | 141,859 |
| NEXTERA ENERGY INC SHS | 126,820 | 126,820 |
| ONEOK INC (OKLAHOMA) | 51,606 | 51,606 |
| PAYCHEX INC | 71,372 | 71,372 |
| PEPSICO INC | 136,398 | 136,398 |
| PHILLIPS 66 SHS | 70,295 | 70,295 |
| PNC FINCL SERVICES GROUP | 131,524 | 131,524 |
| PPL CORPORATION | 68,718 | 68,718 |
| PROCTER & GAMBLE CO | 151,388 | 151,388 |
| PROLOGIS INC | 40,906 | 40,906 |
| QUALCOMM INC | 48,237 | 48,237 |
| REALTY INCM CRP MD PV$1 | 76,910 | 76,910 |
| RTX CORP | 33,327 | 33,327 |
| SEMPRA | 100,966 | 100,966 |
| TEXAS INSTRUMENTS | 99,380 | 99,380 |
| TRAVELERS COS INC | 138,753 | 138,753 |
| UNITED PARCEL SVC CL B | 20,554 | 20,554 |
| WEC ENERGY GROUP INC SHS | 46,738 | 46,738 |
| WILLIAMS COMPANIES DEL | 169,287 | 169,287 |
| AMADEUS IT GROUP SA | 92,372 | 92,372 |
| AM. BEV SA SHS ADR | 40,173 | 40,173 |
| AS.E TECHNOLOGY | 92,221 | 92,221 |
| AS.ML HOLDING N.V. ORD SH | 70,982 | 70,982 |
| BA.E SYSTEMS PLC | 76,450 | 76,450 |
| BA.IDU INC SPON ADR | 36,169 | 36,169 |
| BA.NCO BRADESCO S AADR | 27,785 | 27,785 |
| BA.NCOLOMBIA S.A SPDS ADR | 54,796 | 54,796 |
| BA.RCLAYS ORD GBP 0.25 | 125,795 | 125,795 |
| BY.D COMPANY LTD | 59,580 | 59,580 |
| CA.E INC CDA COM NPV | 85,429 | 85,429 |
| CANADIAN NATL RAILWAY CO | 63,647 | 63,647 |
| CA.PGEMINI SA | 60,265 | 60,265 |
| CA.RNIVAL CORP PAIRED SHS | 83,906 | 83,906 |
| CH.ECK POINT SOFTWRE TECH | 92,790 | 92,790 |
| CH.INA LIFE INS CO LTD H | 22,029 | 22,029 |
| CO.NTINENTAL AG NPV FN | 56,518 | 56,518 |
| DB.S GROUP HOLDINGS LTD | 98,003 | 98,003 |
| DE.NSO CORP 6902 | 68,801 | 68,801 |
| DIA. GEO | 60,953 | 60,953 |
| DN.B BANK ASA REG SHS | 72,850 | 72,850 |
| EC.OPETROL SA SPON ADR | 20,885 | 20,885 |
| EN.TAIN PLC | 62,784 | 62,784 |
| EQ.UINOR ASA | 64,840 | 64,840 |
| ER.STE GROUP BANK AG | 121,011 | 121,011 |
| EUROFINS SCIENTIFIC SE A | 52,899 | 52,899 |
| EV.EREST GROUP LTD | 67,055 | 67,055 |
| GR.UPO FINCIERO BANORTE O | 62,672 | 62,672 |
| HA.LMA PLC 10P FN | 72,540 | 72,540 |
| HD.FC BANK LTD ADR | 63,860 | 63,860 |
| HE.INEKEN NV | 43,750 | 43,750 |
| HIT. ACHI CORP 6501 | 142,302 | 142,302 |
| ICI.CI BANK LTDSPD ADR | 95,612 | 95,612 |
| ICO. N PLC | 84,723 | 84,723 |
| INT. ERTEK GROUP PLC | 67,859 | 67,859 |
| JUL. IUS BAER GRUPPE AG NA | 61,400 | 61,400 |
| LE.ONARDO SPA | 137,086 | 137,086 |
| LO.NZA GROUP AG | 93,964 | 93,964 |
| MELROSE INDUSTRIES PLC R | 74,732 | 74,732 |
| ME. RCK KGAA FN | 65,172 | 65,172 |
| MT.U AERO ENGINES AG | 85,743 | 85,743 |
| MU. RATA MFG CO 6981 | 46,061 | 46,061 |
| NIP. PON SANSO HOLDING COR | 72,466 | 72,466 |
| NO.RSK HYDRO ASA (NO) | 62,179 | 62,179 |
| NO.VARTIS ADR | 61,013 | 61,013 |
| PE.TRLEO BRAS VTG SPD ADR | 30,517 | 30,517 |
| PR.YSMIAN S.P.A., MILANO | 121,676 | 121,676 |
| RE.LX PLC | 90,672 | 90,672 |
| RE.LX PLC REG SHS | 99,100 | 99,100 |
| RIO. TINTO PLC SPNSRD ADR | 55,046 | 55,046 |
| RO.CHE HOLDINGS GENUSH FN | 52,980 | 52,980 |
| SAFRAN SA | 96,198 | 96,198 |
| SH.ELL PLC | 84,696 | 84,696 |
| SO.CIEDAD Q&M CHLE SPDADR | 26,543 | 26,543 |
| SU.MCO CORP 3436 | 69,542 | 69,542 |
| TA.IWAN S MANUFCTRING ADR | 196,503 | 196,503 |
| TR.AVELSKY TECHNOLOGY LTD | 46,565 | 46,565 |
| UN.ILEVER PLC | 44,428 | 44,428 |
| VO.NOVIA SE | 19,541 | 19,541 |
| YU.M CHINA HOLDINGS INC R | 73,655 | 73,655 |
| BRAZE INC REG SHS CL A | 234,402 | 234,402 |
| DOUBLEVERIFY HOLDINGS | 308,263 | 308,263 |
| SPDR S&P 500 ETF TRUST | 18,613,901 | 18,613,901 |
| INVESCO KBW BANK ETF | 1,848,882 | 1,848,882 |
| GNMA FUND ADMIRAL SHARES | 111,038 | 111,038 |
| SHORT-TERM INVEST-GR ADM | 33,617 | 33,617 |
| TOT INTL STOCK IX ADMIRAL | 245,242 | 245,242 |
| TOTAL BOND MKT INDEX ADM | 45,276 | 45,276 |
| TOTAL STOCK MKT IDX ADM | 869,066 | 869,066 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| THE CHILDREN'S INVESTMENT FUND CLASS M | FMV | 1,934,850 | 1,934,850 |
| BLACKSTONE REAL ESTATE INCOME TRUST INC | FMV | 4,837,469 | 4,837,469 |
| BLUE OWL CREDIT INCOME CORP. CLASS I | FMV | 3,508,785 | 3,508,785 |
| BLACKSTONE ALTERNATIVES | FMV | 470,075 | 470,075 |
| BLACKSTONE ALTERNATIVES | FMV | 1,577,807 | 1,577,807 |
| CARLYLE US EQUITY | FMV | 673,679 | 673,679 |
| KKR GLOBAL SPECIAL | FMV | 276,034 | 276,034 |
| LS REAL ESTATE | FMV | 745,723 | 745,723 |
| NEOMA GROWTH MARKETS | FMV | 889,412 | 889,412 |
| GENWORTH- R06401808 | FMV | 513,990 | 513,990 |
| GENWORTH-R06415029 | FMV | 417,379 | 417,379 |
| GENWORTH- R06430619 | FMV | 403,693 | 403,693 |
| ARES CORP OPP FUND III LP | FMV | 2,603 | 2,603 |
| MONITOR VENTURE PARTNERS | FMV | 5,443 | 5,443 |
| RESERVOIR STRATEGIC PARTNERS FUND | FMV | 53,360 | 53,360 |
| BENDING SPOONS (ITALY) | FMV | 246,319 | 246,319 |
| BLACKLIGHT POWER INC. | FMV | 198,720 | 198,720 |
| THE ABLE CHANNEL | FMV | 520,000 | 520,000 |
| BLUMBERG CAPITAL II | FMV | 348,338 | 348,338 |
| ARES / IVY HILL FUND | FMV | 2,489,963 | 2,489,963 |
| BOUNDLESS GIVING | FMV | 150,000 | 150,000 |
| CITADEL KENSINGTON | FMV | 4,429,088 | 4,429,088 |
| OMAZE | FMV | 108,000 | 108,000 |
| BLUEPRINT SPORTS AND ENTERTAINMENT | FMV | 500,000 | 500,000 |
| PALA-LING SOCIAL PURPOSE CORPORATION | FMV | 349,773 | 349,773 |
| LEGENDS FITNESS | FMV | 150,000 | 150,000 |
| CORDIAL CHIROPRACTIC LLC | FMV | 50,000 | 50,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS AND IMPROVEMENTS | 37,594,848 | 25,181,744 | 12,413,104 | 12,413,104 |
| EQUIPMENT | 1,173,003 | 944,065 | 228,938 | 228,938 |
| FURNITURE AND FIXTURES | 648,040 | 604,380 | 43,660 | 43,660 |
| SOFTWARE | 2,746 | 2,746 | 0 | |
| LEASEHOLD IMPROVEMENTS | 5,199,478 | 3,480,146 | 1,719,332 | 1,719,332 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ROU ASSET | 135,517 | 652,123 | 652,123 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 7,126 | 0 | 10,170 | |
| ADVERTISING | 1,199 | 0 | 1,199 | |
| MEMBERSHIP DUES AND SUBSCRIPTIONS | 660 | 0 | 660 | |
| INSURANCE | 96,625 | 0 | 96,625 | |
| PARTNERSHIP EXPENSES | 0 | 48,185 | 0 | |
| MISC EXPENSES | 3,742 | 0 | 3,742 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP INCOME | 7,274 | ||
| SETTLEMENT REVENUE | 3,833 | 3,833 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 4,216,650 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| AMOUNT DUE BENEFICIARIES | 29,029 | 17,529 |
| DUE TO RELATED PARTY | 22,851 | 974 |
| TAXES PAYABLE | 73,000 | 73,000 |
| DEFERRED TAX LIABILITY | 154,000 | 154,000 |
| LEASE LIABILITY | 139,658 | 679,946 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 159,074 | 0 | 174,530 | |
| INVESTMENT | 628,579 | 628,579 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 42,817 | 42,817 | 0 | |
| PROPERTY TAX PAID | 26,703 | 0 | 26,703 | |
| PARTNERSHIP FOREIGN TAXES PAID | 0 | 1,116 | 0 |