| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMPHENOL CORP 5.25%34 DUE 04/05/34 | 49,527 | 51,950 |
| AUTODESK INC 2.85% DUE 1/15/30 | 51,294 | 47,358 |
| ELEVANCE HEALTH 5.2% DUE 02/15/2035 | 49,938 | 50,927 |
| EVERSOURCE ENERGY, 3.3% DUE 1/15/28 | 53,291 | 49,151 |
| FORTUNE BRANDS 3.25% DUE 9/15/29 | 52,472 | 48,126 |
| GATX CORP 3.85% DUE 3/30/27 | 49,341 | 49,799 |
| MOODY'S CORP 5%34 DUE 08/05/34 | 49,864 | 50,937 |
| PAYPAL HOLDINGS 4.4%32 DUE 06/01/2032 | 48,034 | 49,938 |
| REPUBLIC SVCS INC 5%33 DUE 12/15/2033 | 49,482 | 51,588 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 8,977 | 159,745 |
| ALLIANT ENERGY CORP | 107,156 | 132,295 |
| ALPHABET INC | 51,740 | 376,560 |
| AMAZON.COM INC | 84,865 | 86,558 |
| AMERICAN EXPRESS CO | 24,994 | 138,731 |
| APPLE INC | 12,871 | 14,952 |
| AUTO DATA PROCESSING (ADP) | 63,295 | 66,880 |
| BIO-TECHNE CORP (TECH) | 37,813 | 42,049 |
| CAPITAL ONE | 41,687 | 84,399 |
| CHARLES SCHWAB | 16,588 | 55,950 |
| CINTAS CORP | 47,362 | 83,691 |
| DONALDSON CO INC | 86,201 | 182,451 |
| ECOLAB INC | 9,834 | 204,189 |
| ENTEGRIS INC | 77,056 | 63,609 |
| FASTENAL CO | 41,598 | 144,468 |
| FISERV INC | 121,292 | 82,283 |
| GRACO INC | 13,086 | 89,190 |
| HB FULLER CO | 5,650 | 254,107 |
| HERSEY CO | 111,749 | 113,738 |
| HOME DEPOT INC | 53,901 | 99,789 |
| HONEYWELL INTL INC | 2,645 | 24,386 |
| INTUITIVE SURGICAL INC | 14,346 | 14,159 |
| JOHNSON & JOHNSON | 17,925 | 48,333 |
| JPMORGAN CHASE & CO | 133,381 | 196,603 |
| LILLY ELI & CO | 124,692 | 151,752 |
| MEDTRONIC INC | 172,523 | 278,082 |
| MICROSOFT CORP | 67,531 | 162,911 |
| MOTOROLA SOLUTIONS | 6,039 | 112,167 |
| NVENT ELECTRIC PLC | 48,043 | 382,325 |
| NVIDIA CORP | 11,664 | 10,131 |
| PRINCIPAL FINANCIAL GROUP | 40,727 | 51,592 |
| PROCTOR & GAMBLE | 58,354 | 76,973 |
| QUALCOMM INC | 34,573 | 60,595 |
| ROCHE HLDG AG | 71,549 | 114,776 |
| ROCKWELL AUTOMATION | 59,501 | 79,473 |
| SALESFORCE COM | 88,936 | 81,008 |
| SHERWIN WILLIAMS | 162 | 1,506 |
| SYSCO CORP | 14,453 | 18,233 |
| TENNANT CO | 72,965 | 72,866 |
| TEXAS INSTRUMENTS (TXN) | 2,562 | 101,155 |
| TORO CO | 25,788 | 26,105 |
| UNITED PARCEL SERVICE CL B | 211,338 | 206,319 |
| US BANCORP | 72,237 | 73,314 |
| VERIZON | 128,705 | 192,891 |
| WEC ENERGY GROUP | 124,816 | 123,388 |
| WELLS FARGO & CO | 31,150 | 170,090 |
| WORKIVA INC | 18,001 | 21,563 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAFT STETTINIUS & HOLLISTER LLP | 11,596 | 5,798 | 5,798 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISC. EXPENSES | 315 | 0 | 0 | |
| ADR | 49 | 49 | 0 |
| Description | Amount |
|---|---|
| ROUNDING ADJUSTMENT | 3 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MAIRS AND POWERS - INVESTMENTS | 25,257 | 25,257 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 491 | 491 | 0 | |
| ESTIMATED EXCISE TAXES | 6,680 | 0 | 0 | |
| EXCISE TAX DUE | 2,493 | 0 | 0 |