| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 59,850 | 29,925 | 29,925 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CVS HEALTH CORP SR UNSECURED | 16,618 | 16,053 |
| META PLATFORMS INC | 15,048 | 15,521 |
| T-MOBILE USA INC | 15,088 | 15,734 |
| WELLS FARGO & CO SR UNSECURED | 17,150 | 17,604 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A A R CORPORATION | 4,570 | 4,554 |
| ABBOTT LABORATORIES | 1,174 | 4,385 |
| ABBVIE INC | 1,980 | 2,971 |
| ACUSHNET HOLDINGS CORP | 5,947 | 6,626 |
| AEROVIRONMENT INC | 3,537 | 5,806 |
| AGIOS PHARMACEUTICALS INC | 2,657 | 1,934 |
| AIA GROUP LTD | 7,297 | 9,642 |
| AIR PRODUCTS & CHEMICALS | 3,652 | 3,705 |
| ALAMOS GOLD INC NEW CLASS A | 2,253 | 4,089 |
| ALCON INC | 3,768 | 5,044 |
| ALLIANZ SE | 8,131 | 18,262 |
| ALPHABET INC (VOTING) | 20,447 | 37,873 |
| AMAZON COM INC | 19,793 | 34,392 |
| AMERICAN EXPRESS COMPANY | 2,856 | 4,439 |
| AMERICAN TOWER CORP | 5,853 | 4,214 |
| AMERIS BANCORP | 5,521 | 5,570 |
| AMPHENOL CORP NEW | 7,890 | 14,865 |
| ANALOG DEVICES INC | 681 | 4,339 |
| APPLE INC | 23,565 | 27,730 |
| APPLIED INDL TECH INC | 4,534 | 7,960 |
| APPLIED MATERIALS INC | 2,554 | 4,369 |
| APPLIED OPTOELECTRONICS INC | 3,672 | 4,148 |
| APPLOVIN CORP CL A | 4,755 | 4,717 |
| ARISTA NETWORKS INC NEW | 6,784 | 7,600 |
| ARROWHEAD PHARMACEUTICALS INC | 2,249 | 5,842 |
| ASSOC BRITISH FOODS | 13,793 | 13,743 |
| ASTRAZENECA PLC SPON ADR | 2,333 | 3,309 |
| AUTODESK INC | 13,438 | 13,024 |
| AXSOME THERAPEUTICS INC | 2,587 | 6,027 |
| BADGER METER INC | 4,529 | 3,837 |
| BANCO SANTANDER CENT HISPANO SPON ADR | 4,819 | 18,780 |
| BELLRING DISTRIBUTION | 4,427 | 2,940 |
| BERKLEY W R CORPORATION | 1,914 | 5,539 |
| BERKSHIRE HATHAWAY INC | 4,872 | 6,534 |
| BIOHAVEN PHARMACEUTICAL HOLDING CO LTD | 1,826 | 610 |
| BOOT BARN HOLDINGS INC | 3,403 | 6,529 |
| BOSTON SCIENTIFIC CORP | 839 | 3,147 |
| BOSTON SCIENTIFIC CORP | 2,107 | 4,195 |
| BOUYGUES SA UNSP ADR | 9,288 | 14,848 |
| BP PLC SPONS ADR | 7,747 | 11,079 |
| BRIDGEBIO PHARMA INC | 3,097 | 5,966 |
| BRIGHTSPRING HEALTH | 5,653 | 6,741 |
| BRITISH AMERN TOB PLC SPON ADR | 9,766 | 14,381 |
| BROADCOM INC | 11,185 | 11,767 |
| CADENCE DESIGN SYSTEMS INC | 4,122 | 4,376 |
| CADRE HOLDINGS INC | 6,499 | 8,086 |
| CAPGEMINI SE UNSPON ADR | 13,314 | 15,052 |
| CARIS LIFE SCIENCES INC | 2,195 | 1,997 |
| CASELLA WASTE SYS INC | 2,913 | 8,129 |
| CATERPILLAR INC | 4,009 | 4,583 |
| CBOE GLOBAL MARKETS INC | 881 | 2,259 |
| CBRE GROUP INC CLASS A | 3,566 | 4,020 |
| CELESTICA INC | 1,647 | 5,912 |
| CHENIERE ENERGY INC | 3,342 | 3,499 |
| CHEVRON CORPORATION | 3,968 | 4,877 |
| CHUBB LTD | 1,858 | 4,370 |
| CK HUTCHISON | 12,362 | 12,629 |
| CLEARWATER ANALYTICS | 6,040 | 5,306 |
| CME GROUP INC | 1,730 | 2,731 |
| CNH INDUSTRIAL N V | 4,837 | 3,651 |
| COMMVAULT SYSTEMS INC | 7,370 | 5,767 |
| CONSTRUCTION PARTNERS | 3,136 | 12,483 |
| CONTANGO ORE INC | 2,739 | 2,562 |
| CORCEPT THERAPEUTICX INC | 1,536 | 1,879 |
| CORTEVA INC | 3,233 | 4,558 |
| CREDO TECHNOLOGY GRP HOLDING LTD | 2,035 | 8,058 |
| CRH PLC - ORD | 4,608 | 6,614 |
| CURTISS-WRIGHT CORP | 2,862 | 3,308 |
| CYTOKINETICS INC | 2,660 | 2,859 |
| DESCARTES SYS GROUP INC | 1,735 | 4,821 |
| DEUTSCHE POST AG SPONSORED ADR | 13,867 | 17,829 |
| DIAGEO PLC | 6,746 | 3,537 |
| DIGITALOCEAN HOLDINGS | 4,498 | 4,571 |
| ENEL SOCIETA PER AZIONI | 9,369 | 15,798 |
| ENSIGN GROUP INC | 6,704 | 9,581 |
| ENTERGY CORP NEW | 1,538 | 4,437 |
| EVERUS CONSTR GROUP | 7,565 | 8,727 |
| FEDERAL SIGNAL CORP | 6,471 | 8,361 |
| FERGUSON PLC NEW | 3,636 | 4,898 |
| FIRSTCASH HOLDINGS INC | 5,820 | 5,738 |
| FUJIFILM HLDGS CORP ADR | 11,760 | 13,286 |
| FUJITSU LTD ADR NEW | 8,180 | 14,202 |
| GE AEROSPACE | 5,920 | 7,701 |
| GE HEALTHCARE TECHS INC | 3,928 | 4,429 |
| GE VERNOVA LLC | 4,003 | 7,843 |
| GILEAD SCIENCES INC | 5,829 | 5,892 |
| GLACIER BANCORP INC | 5,957 | 5,418 |
| GLAUKOS CORP | 4,178 | 3,274 |
| GOLDMAN SACHS GROUP INC | 2,602 | 7,032 |
| GOLDMAN SACHS GROUP INC | 6,986 | 7,032 |
| GRAND CANYON EDUCATION INC | 5,685 | 6,486 |
| GSK PLC | 13,392 | 18,733 |
| GUARDANT HEALTH INC | 1,519 | 3,983 |
| GUIDEWIRE SOFTWARE INC | 3,788 | 4,020 |
| HALOZYME THERAPEUTICS INC | 2,895 | 7,336 |
| HILTON WORLDWIDE HOLDINGS INC NEW | 2,545 | 2,873 |
| HIMS & HERS HEALTH INC | 1,095 | 2,370 |
| HITACHI LTD ADR 10 COM | 1,441 | 3,120 |
| HONDA MOTOR LTD NEW AMERICAN SHARES | 6,976 | 8,136 |
| HONEYWELL INTERNATIONAL | 4,828 | 4,487 |
| HOWMET AEROSPACE INC | 1,712 | 8,611 |
| HURON CONSULTING GROUP INC | 6,857 | 6,571 |
| IDACORP INC | 3,254 | 4,430 |
| INSMED INC | 421 | 2,785 |
| INTEL CORP | 5,095 | 5,387 |
| INTERDIGITAL INC | 3,972 | 5,731 |
| IONQ INC | 2,881 | 3,096 |
| IRADIMED CORP | 5,260 | 10,409 |
| ISHARES ER ETF SHORT TERM CORP BOND | 25,562 | 26,757 |
| ISHARES ETF 1-3 YR TREASURY BOND | 26,496 | 26,751 |
| ISHARES ETF 3-7 YR TREASURY BOND | 34,561 | 35,686 |
| ISHARES ETF 7-10 YR TREASURY BOND | 34,984 | 35,675 |
| ISHARES ETF SHORT TREASURY BOND | 9,819 | 9,803 |
| ISHARES MBS ETF | 13,137 | 13,426 |
| ISHARES TR ETF INTERMEDIATE TERM CR BD | 16,563 | 17,834 |
| JFROG LTD | 4,647 | 4,372 |
| JOHNSON & JOHNSON | 3,507 | 6,622 |
| JPMORGAN CHASE & CO | 3,944 | 9,667 |
| KDDI CORP-UNSPONSORED ADR | 15,513 | 16,737 |
| KERING S A SPON ADR | 7,592 | 6,823 |
| KKR & CO INC | 6,627 | 7,139 |
| KLA CORP | 2,627 | 3,645 |
| KOMATSU LTD | 6,024 | 5,747 |
| KONINKLIJKE PHILIPS | 8,985 | 12,944 |
| LAMAR ADVERTISING CO NEW CLASS A | 3,445 | 4,683 |
| LEMAITRE VASCULAR INC | 4,783 | 4,298 |
| LLOYDS BANKING GROUP PLC | 6,075 | 19,170 |
| LOCKHEED MARTIN CORP | 4,968 | 5,320 |
| LOWES COMPANIES INC | 1,944 | 4,341 |
| M&T BANK CORP | 4,364 | 5,238 |
| MARATHON PETROLEUM CORP | 741 | 2,114 |
| MASTERCARD INC CL A | 17,877 | 23,406 |
| MATADOR RESOURCES CO | 4,758 | 4,244 |
| MCDONALDS CORP | 4,510 | 5,196 |
| MCKESSON CORPORATION | 1,239 | 4,922 |
| MEDTRONIC PLC | 6,700 | 7,205 |
| META PLATFORMS INC CLASS A | 8,807 | 15,842 |
| MICROSOFT CORP | 1,861 | 5,320 |
| MICROSOFT CORP | 39,408 | 55,616 |
| MID-AMER APT COMMUNITIES REIT INC | 7,296 | 7,362 |
| MIRUM PHARMACEUTICALS | 2,095 | 3,871 |
| MITSUBISHI ELECTRIC CORP | 4,666 | 10,092 |
| MONDI PLC-UNSPON ADR | 8,157 | 3,952 |
| MONGODB INC CL A | 3,395 | 3,358 |
| MONSTER BEVERAGE CORP | 5,410 | 5,750 |
| MUELLER WATER PRODUCTS INC | 5,673 | 5,574 |
| NESTLE S A REG ADR | 20,980 | 23,312 |
| NVIDIA CORP | 40,883 | 68,632 |
| OLLIE'S BARGAIN OUTLET HOLDINGS INC | 3,949 | 7,892 |
| ONESPAWORLD HOLDINGS LTD | 6,707 | 6,450 |
| O'RIELLY AUTOMOTIVE INC | 7,036 | 6,932 |
| OSI SYS INC | 6,730 | 6,377 |
| OTIS WORDWIDE CORP | 1,999 | 2,358 |
| PALOMAR HOLDINGS INC | 7,227 | 15,632 |
| PARKER-HANNIFIN CORP | 1,632 | 4,395 |
| PEPSICO INCORPORATED | 3,077 | 4,449 |
| PERMIAN RES CORP CLASS A | 4,059 | 4,462 |
| PERNOD RICARD S A ADR | 16,959 | 13,943 |
| PHILIP MORRIS INTERNATIONAL INC | 4,814 | 5,614 |
| PNC FINANCIAL SERVICES GROUP | 5,407 | 6,679 |
| PRICESMART INC | 7,829 | 8,342 |
| PROCTOR & GABLE CO | 2,477 | 4,443 |
| PROGRESSIVE CORP OHIO | 1,485 | 4,327 |
| Q2 HOLDINGS INC | 2,319 | 5,340 |
| RADNET INC | 5,191 | 5,494 |
| RBC BEARINGS INC | 5,260 | 10,762 |
| REALTY INCOME CORP | 4,903 | 4,791 |
| REGENERON PHARMACEUTICAL INC | 4,627 | 4,631 |
| REMITLY GLOBAL INC | 3,725 | 2,553 |
| RIO TINTO PLC | 3,863 | 4,722 |
| ROCHE HOLDINGS LTD | 10,626 | 14,182 |
| RTX CORP | 1,763 | 4,585 |
| SAIA INC | 1,171 | 4,898 |
| SANOFI ADR | 15,857 | 15,895 |
| SEAGATE TECHNOLOGY HOLDINGS PUB LTD | 3,241 | 3,305 |
| SECOM LTD | 6,781 | 7,186 |
| SEMTECH CORP | 6,085 | 7,443 |
| SENSIENT TECHNOLOGIES | 7,292 | 8,831 |
| SHELL PLC | 5,661 | 12,712 |
| SHELL PLC | 3,953 | 5,070 |
| SHIN-ETSU CHEMICAL ADR | 2,467 | 2,573 |
| SHOPIFY INC CL A | 5,136 | 5,312 |
| SITIME CORP | 3,029 | 9,183 |
| SLB LTD | 5,435 | 4,836 |
| SNAM S P A ADR | 14,195 | 18,270 |
| SOLSTICE ADVANCED | 5,087 | 5,344 |
| SONY GROUP CORP NEW ADR | 10,418 | 15,027 |
| SPOTIFY TECHNOLOGY SA | 2,513 | 8,711 |
| SSE PLC SPONSORED ADR | 13,519 | 19,599 |
| TAIWAN SEMICONDUCTOR | 7,799 | 11,244 |
| TAT TECHNOLOGY LTD | 3,623 | 3,796 |
| TECK RESOURCES LTD | 2,580 | 2,826 |
| THERMO FISHER SCIENTIFIC INC | 4,156 | 4,636 |
| THERMO FISHER SCIENTIFIC INC | 11,226 | 11,589 |
| TKO GROUP HLDGS INC | 3,636 | 3,553 |
| TOYOTA INDUSTRIES CORP | 6,663 | 12,461 |
| TRANE TECHNOLOGIES PLC | 3,307 | 3,114 |
| TRAVERE THERAPEUTICS INC | 4,826 | 7,375 |
| TTM TECHNOLOGIES INC | 5,787 | 7,383 |
| UBER TECHNOLOGIES INC | 4,757 | 4,167 |
| UFP TECHNOLOGIES | 5,943 | 4,441 |
| ULTRAGENYX PHARMACEUTICALS | 2,160 | 1,081 |
| UNION PACIFIC CORP | 4,153 | 4,858 |
| UNITED OVERSEAS BK LTD | 11,822 | 16,985 |
| UNITEDHEALTH GROUP INC | 4,962 | 3,301 |
| UPM-KYMMENE CORP | 6,341 | 6,712 |
| UROGEN PHARMA LTD | 4,200 | 5,597 |
| VIAVI SOLUTIONS INC | 8,248 | 12,527 |
| VIKING THERAPEUTICS INC | 1,846 | 1,161 |
| VINCI S.A ADR | 11,994 | 13,939 |
| VISA INC CLASS A | 3,862 | 4,559 |
| VITA COCO CO INC | 5,563 | 11,185 |
| WALMART INC | 938 | 4,345 |
| WAYSTAR HOLDING CORP | 5,124 | 4,258 |
| WINGSTOP INC | 2,887 | 4,531 |
| WPP PLC NEW | 10,811 | 5,031 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMYGDALA NEUROSCIENCES, INC. | AT COST | 1,000,000 | 1,000,000 |
| BRANDES SEPARATELY MANAGED ACCT | FMV | 185,708 | 194,703 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 500 | 0 | 500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 1,644 | 1,644 | 1,644 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 707 | 0 | 707 | |
| INSURANCE | 11,028 | 0 | 11,028 | |
| BANK FEES | 1,734 | 1,734 | 0 | |
| OFFICE EXPENSES | 16,293 | 0 | 16,293 | |
| WEBSITE/INTERNET | 1,999 | 0 | 1,999 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO COST BASIS | 52 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX PAYABLE | 5,334 | 6,267 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 27,996 | 27,996 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,930 | 2,930 | 0 | |
| EXCISE TAXES | 6,787 | 0 | 0 |