| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,240 | 810 | 2,430 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFB NORTHERN FUNDS FIXED INCOME FD | 54,178 | 49,355 |
| MFB NORTHERN HIGH YIELD FIXED INCOME FUND | 29,383 | 25,546 |
| MFO BLACKROCK FDS V HIGH YIELD BD PORT | 26,943 | 25,829 |
| MFO DOUBLELINE CORE FIXED INCOME FUND I | 101,471 | 86,021 |
| MFC FLEXSHARES TR IBOXX 3 YR TARGET | 13,946 | 13,835 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MFB NORTHERN FUNDS STK INDEX FD | 18,935 | 61,526 |
| MFO DFA US L/C VALUE PORTFOLIO | 41,632 | 52,412 |
| MFO HARBOR FUND CAPITAL APPRECIATION FUND | 48,435 | 67,093 |
| MFC ISHARES TR RUSSELL MID-CAP ETF | 8,485 | 19,639 |
| NORTHERN FUNDS SM CAP CORE FD CL K | 11,174 | 10,415 |
| MFB NORTHERN EQUITY INDEX FUNDS INTL EQT INDEX | 25,161 | 42,012 |
| MFB NORTHERN FUNDS EMERGING MARKETS EQUITY INDEX | 7,500 | 9,804 |
| MFO MFS INSTL INTL EQTY FUND | 26,818 | 39,397 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD | AT COST | 12,369 | 18,340 |
| MFC FLEXSHARES TR STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FD | AT COST | 16,017 | 16,640 |
| MFB NORTHERN FDS GLOBAL REAL ESTATE | AT COST | 15,000 | 15,979 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 203 | 0 | 203 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SECTION 1411 NET INVESTMENT INCOME | 21 | 21 | 0 |
| RSM REIMBURSEMENT | 5,817 | 0 | 5,817 |
| Description | Amount |
|---|---|
| BOOK/TAX TIMING DIFFERENCE | 48 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 4,136 | 4,136 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX ON DIVIDENDS | 192 | 192 | 0 |