| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,500 | 1,250 | 1,250 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ADOBE SYSTEMS INCORPORATED - 20 SHS | 7,612 | 7,000 |
| ALPHABET INC. - 275 SHS | 14,498 | 86,295 |
| AMAZON.COM - 160 SHS | 5,704 | 36,931 |
| BERKSHIRE HATHAWAY - 225 SHS | 32,262 | 113,096 |
| BLACKSTONE GROUP, INC - 200 SHS | 3,460 | 30,828 |
| BROOKFIELD ASSET MGMT -562 SHS | 8,388 | 25,790 |
| GOLDMAN SACHS GROUP INC. - 45 SHS | 7,952 | 39,555 |
| HERMES INTERNATIONAL SA ADR - 45 SHS | 5,531 | 11,215 |
| HOME BANCSHARES INC. - 975 SHS | 19,125 | 27,086 |
| LVMH MOET HENNESSEY LOUIS VUITTON - 40 SHS | 5,303 | 6,060 |
| MARKEL CORPORATION - 25 SHS | 23,396 | 53,741 |
| MASTERCARD INCORPORATED - 30 SHS | 6,165 | 17,126 |
| METTLER TOLEDO INTERNATIONAL - 5 SHS | 5,245 | 6,971 |
| MOODYS CORPORATION - 80 SHS | 12,331 | 40,868 |
| NIKE INC. - 125 SHS | 9,538 | 7,964 |
| PRICE T ROWE GROUP INC - 100 SHS | 9,277 | 10,238 |
| SCHWAB CHARLES CORP - 300 SHS | 12,998 | 29,973 |
| TAKE- TWO INTERACTIVE SOFTWARE - 35 SHS | 4,252 | 8,961 |
| BROWN & BROWN INC - 90 SHS | 8,399 | 7,173 |
| PROCTOR AND GAMBLE COMPANY - 100 SHS | 0 | 14,331 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERICAN TOWER CORP - 65 SHS | AT COST | 13,193 | 11,412 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 1,028 | 0 | 1,028 |
| Description | Amount |
|---|---|
| COST BASIS ADJUSTMENT | 371 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOOD | 2,044 | 0 | 2,044 | |
| INSURANCE | 1,843 | 0 | 1,843 | |
| BANK CHARGES | 44 | 0 | 44 | |
| EQUIPMENT RENTAL | 605 | 0 | 605 | |
| SHIRTS AND SUPPLIES | 9,642 | 0 | 9,642 | |
| REPAIRS AND MAINTENANCE | 3,790 | 0 | 3,790 | |
| LOCAL SCHOOL LUNCH DEBT RELIEF | 750 | 0 | 750 | |
| MISCELLANEOUS OPERATING | 100 | 0 | 100 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 2,755 | 2,755 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 83 | 83 | 0 | |
| EXCISE TAXES | 234 | 0 | 0 |