| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 8,000 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMAZON - 4.550% - 12/01/2027 | 74,131 | 75,456 |
| BANK OF AMERICA - 5.875% - 03/15/2028 | 74,103 | 75,255 |
| HCA INC - 4.125% - 06/15/2029 | 117,693 | 120,790 |
| JP MORGAN CHASE - 5.299% - 07/24/2029 | 59,424 | 60,605 |
| JPMORGAN CHASE & CO NOTE - 5.012% - 01/23/2030 | 74,491 | 74,932 |
| JPMORGAN CHASE &CO - 4.493% - 03/24/2031 | 31,839 | 31,186 |
| MERK & CO - 4.300% - 09/09/2032 | 49,577 | 49,665 |
| META PLATFORMS INC - 4.550% - 08/15/2031 | 59,899 | 60,028 |
| NEXTERA ENERGY - 5.650% - 05/01/2079 | 130,737 | 151,078 |
| PAGERDUTY INC - 1.250% - 07/01/2025 | 97,411 | 96,018 |
| PNC FINL SVCS GROUP INC NOTE PERPETUAL - 6.200% - 12/31/2049 | 129,938 | 135,595 |
| PROCTOR AND GAMBLE SR GLBL NT 29 - 4.350% - 01/29/2029 | 59,675 | 60,363 |
| WALMART - 4.000% - 04/15/2030 | 96,742 | 99,158 |
| WALMART - 4.150% - 09/09/1932 | 73,649 | 72,239 |
| APPLE - 4.150% - 05/10/2030 | 134,351 | 133,709 |
| PROCTER AND GAMBLE - 4.550% - 10/24/2034 | 134,189 | 131,887 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 158,436 | 459,679 |
| ABBVIE INC | 62,634 | 138,784 |
| ADOBE SYSTEMS, INC | 199,760 | 172,536 |
| ALPHABET INC CL A | 125,335 | 464,921 |
| AMAZON COM | 186,934 | 285,426 |
| APPLE INC | 57,935 | 331,556 |
| APPLIED MATERIALS INC | 20,506 | 232,561 |
| AUTOMATIC DATA PROCESSING INC | 49,022 | 439,095 |
| BANK OF AMERICA CORP PFD | 68,870 | 68,035 |
| BERKSHIRE HATHAWAY INC. CLASS B | 133,688 | 339,960 |
| CHUBB LIMITED | 309,451 | 592,111 |
| CITIGROUP INC | 178,700 | 272,761 |
| DEERE CO | 135,194 | 169,480 |
| HEXCEL CP DELAWARE | 146,298 | 188,100 |
| JP MORGAN CHASE & CO PFD SER D - 5.50% | 68,768 | 69,218 |
| METLIFE INC 5.62500% PFD | 49,960 | 47,080 |
| MICROSOFT CORP | 24,922 | 404,640 |
| MCKESSON CORP | 152,829 | 178,382 |
| NOVARTIS AG ADR | 181,018 | 368,805 |
| PAGERDUTY ORD SHS | 245,061 | 104,082 |
| MONGODB INC CL A | 150,270 | 120,363 |
| SCHNEIDER ELECTRIC | 96,225 | 279,386 |
| T-MOBILE US INC | 286,365 | 551,825 |
| THERMO FISHER SCIENTIFIC INC | 23,427 | 260,115 |
| UMGNF | 263,304 | 255,976 |
| WORKIVA INC | 192,765 | 245,061 |
| EXPEDIA INC | 232,433 | 414,398 |
| GROUPE DANONE | 200,534 | 210,699 |
| HOME DEPOT INC | 46,774 | 58,349 |
| TAIWAN SEMICONDUCTOR MFG CO LTD | 71,532 | 157,992 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOUNDATION ADMINISTRATION | 35,879 | 0 | 35,879 | |
| INVESTMENT MANAGEMENT FEES | 92,637 | 92,637 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX WITHHELD | 8,212 | 8,212 | 0 | |
| IRS | 10,000 | 0 | 0 |