| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADOBE - 2.150% - 02/01/2027 | 161,670 | 147,520 |
| APPLE INC - 1.250% - 08/20/203 | 248,415 | 222,003 |
| ASTRAZENECA FINANCE LLC UNSECD | 517,540 | 517,050 |
| AT&T INC - 4.500% - 05/15/2035 | 556,872 | 577,418 |
| BANK OF AMERICA NA MTN - 6.000 | 855,959 | 868,031 |
| BAXTER INTL INC SER A NOTE - 1 | 388,125 | 428,647 |
| BUNGE LIMITED FINANCE CORP - 2 | 504,576 | 551,395 |
| CAPITAL ONE FINL - 5.268% - 05 | 466,660 | 513,541 |
| CISCO SYSTEMS - 2.500% - 09/20 | 329,328 | 297,235 |
| CITIGROUP INC - 4.412% - 03/31 | 761,424 | 800,455 |
| COMCAST NOTE - 4.200% - 02/15/ | 755,320 | 765,265 |
| CVS HEALTH CORP NT - 2.125% - | 266,991 | 307,769 |
| DISNEY WALT CO NOTE - 2.200% - | 420,104 | 388,423 |
| DOLLAR GEN CORP - 5.000% - 11/ | 396,400 | 405,756 |
| DUKE ENERGY CORP - 4.500% - 08 | 94,068 | 99,818 |
| FISERV INC NOTE CALL MAKE WHOL | 425,709 | 363,903 |
| GLAXOSMITHKLINE CAPITAL - 6.37 | 281,573 | 280,378 |
| GOLDMAN SACHS GROUP INC - 2.65 | 387,955 | 451,821 |
| HOME DEPOT INC - 2.700% - 04/1 | 528,566 | 449,647 |
| HP INC NOTE CALL - 4.200% - 04 | 445,970 | 485,893 |
| INTEL CORP - 2.450% - 11/15/20 | 490,336 | 420,302 |
| INTERCONTINENTAL EXCHANGE INC | 220,892 | 225,754 |
| INTERNATIONAL BUSINESS MACHINE | 359,520 | 340,166 |
| INTUIT CO - 1.350% - 07/15/202 | 456,950 | 434,628 |
| JOHN DEERE CAPITAL - 4.800% - | 99,831 | 100,019 |
| JP MORGAN CHASE - 6.400% - 05/ | 502,286 | 508,334 |
| KEURIG DR PEPPER INCNOTE CALL | 467,805 | 480,600 |
| KEYCORP - 4.100% - 04/30/2028 | 529,082 | 450,352 |
| LABORATORY CORP - 3.600% - 09/ | 285,430 | 248,863 |
| LOWES COS INC NOTE - 2.625% - | 295,796 | 321,531 |
| MCDONALDS CORP MTN CALL MAKE W | 784,937 | 778,078 |
| METLIFE INC NOTE CALL MAKE WHO | 844,167 | 854,695 |
| MICROSOFT CORP NOTE - 3.300% - | 571,260 | 498,108 |
| MISSOURI ENVIRONMENT - 1.449% | 150,000 | 145,086 |
| MITSUBISHI UFJ FINANCIAL GROUP | 798,559 | 837,152 |
| NIKE INC - 2.750% - 03/27/2027 | 442,664 | 395,430 |
| NORFOLK SOUTHERN CORP - 3.800% | 440,813 | 373,125 |
| OMNICOM GROUP INC BOND - 3.600 | 337,533 | 299,561 |
| PAYPAL HOLDINGS INC - 2.650% - | 272,903 | 247,899 |
| PEPSICO INC - 2.625% - 07/29/2 | 553,447 | 477,235 |
| PNC FIN SVCS - 2.550% - 01/22/ | 325,539 | 282,321 |
| PRUDENTIAL - 1.500% - 03/10/20 | 310,242 | 298,594 |
| ROCKWELL AUTOMATION - 3.500% - | 468,732 | 393,248 |
| ROSS STORES - 0.875% - 04/15/2 | 298,533 | 297,348 |
| ROYAL BANK OF CANADA - 5.000% | 797,943 | 825,183 |
| STARBUCKS CORP - 4.000% - 11/1 | 294,873 | 249,688 |
| TARGET - 2.350% - 02/15/2030 | 328,035 | 280,946 |
| TUCSON AZ WTR REVENUE - 1.338% | 350,000 | 338,268 |
| UNITEDHEALTH GROUP INC - 2.875 | 559,570 | 480,436 |
| US BANCORP - 3.900% - 04/26/20 | 595,595 | 500,797 |
| VERIZON COMMUNICATIONS INC - 1 | 249,765 | 220,197 |
| VERIZON COMMUNICATIONS INC - 4 | 298,615 | 248,125 |
| VISA INC - 4.150% - 12/14/2035 | 778,039 | 780,420 |
| WAL MART STORES INC - 6.500% - | 572,800 | 577,770 |
| WELLTOWER INC BOND - 3.100% - | 265,600 | 239,798 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD FTSE DEVELOPED MARKET | 4,187,486 | 5,105,962 |
| VANGUARD FTSE EMERGING MARKETS | 1,507,271 | 1,620,267 |
| VANGUARD SF REIT ETF | 1,608,897 | 1,667,594 |
| VANGUARD TOTAL STOCK MARKET ET | 6,597,937 | 8,233,560 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| General Consultations | 8,918 | 8,918 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 42,650 | 42,650 | ||
| Foundation Dues & Memberships | 1,500 | 1,500 | ||
| Postage/Delivery Service | 14 | 14 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Management Services | 64,652 | 64,652 | ||
| Philanthropic Consulting Srvcs | 33,733 | 33,733 | ||
| VIDEO PRODUCTION SERVICES | 17,100 | 17,100 | ||
| DIGITAL SERVICES | 3,400 | 3,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2025 | 16,100 | |||
| 990-PF Excise Tax for 2024 | 1,990 |