| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,042 | 521 | 521 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD S&P 500 ETF | 405,429 | 590,242 |
| VANGUARD INTL DIVIDEND | 62,659 | 70,051 |
| VANGUARD INTER-TERM | 112,527 | 115,725 |
| VANGUARD FTSE EMERGING | 50,437 | 59,620 |
| VANGUARD FTSE DEVELOPED | 154,667 | 195,906 |
| ST SRT SPDR PRTFL INTDT | 175,502 | 182,574 |
| ST SRT SPDR PRTFL AGRGT | 324,630 | 330,321 |
| PROSHARES S&P 500 DIV | 131,508 | 129,775 |
| JPMORGAN INTERN RESRCH | 131,692 | 161,067 |
| ISHARES PREFERRED INCOME | 131,387 | 124,893 |
| ISHARES CORE S&P SMALL | 56,357 | 76,024 |
| INVESCO S&P 500 QUALITY | 236,288 | 263,501 |
| CLIFFWATER CORPORATE LEN | 210,900 | 204,239 |
| APOLLO DIVERSIFIED RE FD | 210,900 | 197,699 |
| ISHARES MBS ETF | 63,220 | 65,511 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MN ANNUAL FEE | 25 | 0 | 25 | |
| TAXES | 11,715 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 18,417 | 18,417 | 0 |