| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 14,500 | 7,250 | 0 | 7,250 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Frost Total Return Bond | 736,383 | 717,024 |
| Frost Credit Fund Inst | 207,015 | 195,511 |
| Principal Preferred Securities fund | 53,363 | 48,614 |
| Vanguard Infl-Protected Sec Adm | 121,528 | 100,868 |
| Artisan High Income Fd Instl | 111,317 | 114,297 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Abbott Laboratories | 27,824 | 28,942 |
| Abbvie Inc | 41,212 | 80,428 |
| Alphabet Inc Cl C | 38,252 | 86,295 |
| Altria Group Inc | 58,237 | 71,095 |
| Amazon.com | 67,524 | 88,173 |
| American Express | 41,167 | 89,528 |
| Apple Inc | 154,867 | 668,504 |
| Berkshire Hathaway Cl B | 55,196 | 99,022 |
| Booking Holdings | 32,227 | 80,330 |
| Boston Scientific Corp | 31,299 | 68,557 |
| Broadcom Inc | 67,625 | 491,462 |
| Chevron Corp | 75,006 | 115,221 |
| Chipotie Mexican Grill | 37,268 | 40,700 |
| Cisco Systems | 58,574 | 82,576 |
| Corning Inc | 50,239 | 108,487 |
| Costco Wholesale | 38,290 | 77,610 |
| Danaher Corp | 44,982 | 39,832 |
| Eli Lilly & Co | 32,291 | 140,783 |
| Entergy Corp | 57,403 | 100,934 |
| Home Depot | 46,488 | 48,862 |
| Honeywell Int'l | 42,587 | 38,433 |
| Intl Business Machines | 44,477 | 97,749 |
| Johnson & Johnson | 73,198 | 88,782 |
| JPMorgan Chase | 75,125 | 157,888 |
| Marvell Technology | ||
| Meta Platforms | 56,068 | 246,873 |
| Microsoft Corp | 95,160 | 141,217 |
| Nvidia Corp | 35,252 | 322,086 |
| Omnicom Grp | 43,006 | 46,997 |
| Procter & Gamble | 61,587 | 62,770 |
| Qualcomm Inc | 39,617 | 47,552 |
| Servicenow Inc | 65,809 | 87,318 |
| Sherwin-Williams Co | 17,807 | 20,090 |
| Starbucks Corp | 49,913 | 35,621 |
| Travelers Companies Inc | 56,965 | 105,002 |
| Union Pacific Corp | 75,023 | 79,574 |
| United Parcel Cl B | 76,224 | 36,998 |
| Unitedhealth Grp | 47,548 | 37,962 |
| Valero Energy Corp New | 74,850 | 189,976 |
| Verizon Communications | 75,461 | 55,271 |
| Workday Inc Cl A | 71,233 | 65,723 |
| Zoetis Inc | ||
| Chubb Limited | 60,135 | 109,866 |
| Eaton Corp PLC | 58,763 | 118,804 |
| American Electric Power | 56,448 | 73,222 |
| ConocoPhillips | 72,023 | 76,199 |
| Lockheed Martin Corp | ||
| Snowflake Inc CL A | 39,923 | 36,414 |
| Walmart Inc | 61,684 | 145,724 |
| Coca Cola - 34634 | 1,119,080 | 2,421,263 |
| CME Group Inc | 48,379 | 75,643 |
| Intuitive Surgical Inc | 32,981 | 75,326 |
| Thermo Fisher Scientic | 29,844 | 34,188 |
| Adobe Inc | ||
| Advanced Micro Devices Inc | 1,439 | 1,927 |
| Air Products & Chemicals Inc | 2,368 | 2,223 |
| Airbnb Inc | 1,059 | 950 |
| Alphabet Inc Cl A | 9,452 | 15,963 |
| Amgen Inc | 2,189 | 2,291 |
| Arthur J Gallagher & Co | 4,666 | 4,658 |
| At & T Inc | 1,856 | 2,459 |
| Atlassian Corp Cl A | 523 | 486 |
| Autmatic Data Processing | 2,135 | 2,315 |
| Bank of america | 2,192 | 3,080 |
| Best Buy Company | 1,518 | 1,205 |
| Blackstone Group Inc | 3,717 | 4,624 |
| Canadian Pacific Kansas City | 1,425 | 1,325 |
| CBOE Global Markets Inc | 1,362 | 2,008 |
| Centerppoint Energy | 1,666 | 2,070 |
| Charles River Laboratories | 621 | 598 |
| Cincinnati Financial | 2,911 | 4,083 |
| Clorox Co | 1,368 | 1,008 |
| Comcast Corp | 1,918 | 1,495 |
| Cummins Inc | 3,928 | 7,146 |
| D R Horton Inc | 3,671 | 3,745 |
| Datadog Inc Cl A | 1,029 | 1,088 |
| Diamondback Energy | 2,589 | 1,954 |
| Disney ( Walt) | 1,531 | 1,707 |
| Evergy Inc | 1,060 | 1,450 |
| ExxonMobilt | 4,132 | 4,332 |
| Fastenal Co | 2,409 | 3,050 |
| Floor & Decor Hldg | 506 | 304 |
| GE Aerospace | 961 | 1,848 |
| Geunine Parts Co | 2,052 | 1,844 |
| Globant SA | ||
| GSK PLC Spons ADR | 2,008 | 2,550 |
| Hess Coroporation | ||
| Intuit Inc | 1,956 | 1,987 |
| Kenvue Inc | 1,536 | 1,432 |
| KLA Corporation | 4,084 | 6,075 |
| Lam Research Corp | 1,055 | 1,712 |
| Lululemon Athletica Inc | 922 | 623 |
| Marathon Petroleum Corp | 1,211 | 1,138 |
| Marriott International Inc Class A | 2,416 | 3,102 |
| Mastercard Inc Cl A | 4,883 | 6,280 |
| McDonalds Corp | 2,322 | 2,751 |
| Medtronic PLC | 2,219 | 2,690 |
| Merck & Co | 3,372 | 2,737 |
| Monster Beverage Corp | 1,771 | 2,683 |
| Moodys Corp | 2,092 | 2,554 |
| Netflix Inc | 2,053 | 2,813 |
| Newmont Corp | 2,312 | 5,492 |
| Nike Inc Class B | 662 | 446 |
| O'Reilly Automative Inc | 2,112 | 2,736 |
| Oracle Corp | 6,038 | 8,381 |
| Pfizer Inc | 1,167 | 1,046 |
| Philip Morris Intl | 1,524 | 2,406 |
| Salesforce Inc | 757 | 795 |
| Spotify Technology | 2,208 | 4,065 |
| Target Corp | 2,050 | 1,369 |
| Tesla Inc | 593 | 1,349 |
| Texas Instruments Inc | 3,293 | 2,949 |
| TJX Companies | 1,435 | 1,997 |
| Uber Technologies Inc | 2,671 | 3,105 |
| Visa Inc Cl A | 7,758 | 10,171 |
| Warner Music Grp Cl A | 2,141 | 2,147 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Ishares S & P 500 Stk Index | AT COST | 479,365 | 730,412 |
| T Rowe Price Midcap Grwth | AT COST | 814,680 | 669,308 |
| Vanguard Mid Cap ETF | AT COST | 656,465 | 800,137 |
| Vanguard Small-Cap ETF | AT COST | 328,316 | 384,861 |
| American Tower Corp REIT | AT COST | 35,050 | 21,771 |
| Digital Realty Trust Inc REIT | AT COST | 37,382 | 36,821 |
| WP Carey Inc REIT | AT COST | 50,228 | 40,354 |
| Thornburg Inc Income Builder | AT COST | 79,290 | 109,707 |
| Ishares MSCI Eafe ETF | AT COST | 437,350 | 534,791 |
| Aberdeen Physical Precious Metals | AT COST | ||
| Cubesmart REIT | AT COST | 982 | 793 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees- Hirsch & Westheimer | 12,350 | 6,175 | 0 | 6,175 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Rounding | 2 | 2 | |
| Royalty Interest | 4 | 4 | 37,906 |
| Description | Amount |
|---|---|
| Excise tax for 2025 | 2,425 |
| Foreign taxes paid | 1,148 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Wire Transfer Fee | 30 | 30 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 5,899 | 5,899 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Frost National Bank | 102,600 | 51,300 | 0 | 51,300 |
| Frost National Bank | 150 | 0 | 0 | 150 |