| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,200 | 8,200 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC | 10,631 | 9,572 |
| AMERICAN ELEC PWR CO INC | 12,839 | 13,145 |
| AMGEN INC | 10,656 | 12,110 |
| BLACKSTONE INC | 12,690 | 11,561 |
| BLUE OWL CAPITAL INC | 10,633 | 8,127 |
| BROOKFIELD INFRASTRUCTURE CORP | 12,838 | 14,755 |
| CHEVRON CORP | 17,064 | 16,765 |
| CISCO SYSTEMS | 14,923 | 16,022 |
| CUMMINS INC | 6,990 | 9,188 |
| EASTMAN CHEM CO COM | 14,955 | 15,255 |
| EXXON MOBIL CORP COM | 8,529 | 9,627 |
| GENERAL MILLS INC COM | 12,832 | 11,997 |
| GILEAD SCIENCES INC COM | 14,896 | 15,343 |
| INTERNATINOAL BUS MACH CORP COM | 7,778 | 9,479 |
| JOHNSON & JOHNSON COM | 12,852 | 15,314 |
| JPMORGAN CHASE & CO COM | 8,366 | 9,344 |
| LINEAGE INC COM | 6,351 | 5,285 |
| LOCKHEED MARTIN CORP COM | 11,957 | 13,543 |
| MCDONALD S CORP | 726 | 6,418 |
| MERCK & CO INC COM | 17,045 | 22,210 |
| MOELIS & CO | 10,591 | 10,380 |
| MORGAN STANLEY COM | 7,029 | 8,699 |
| PEPSICO INC | 14,948 | 14,783 |
| PROCTOR AND GAMBLE CO COM | 12,727 | 11,895 |
| STARBUCKS CORP COM | 6,403 | 5,895 |
| TEXAS INSTRUMENTS INC | 10,676 | 9,889 |
| UNITEDHEALTH GROUP INC | 8,878 | 9,573 |
| VAIL RESORTS INC | 8,179 | 7,171 |
| VERIZON COMMUNICATIONS INC | 17,050 | 16,088 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LAMAR ADVERTISING CO COM | AT COST | 10,490 | 11,519 |
| SIMON PROPERTY GROUP INC | AT COST | 19,110 | 21,288 |
| USCF ETF TR MIDSTREAM ENERGY | AT COST | 34,141 | 33,374 |
| VICI PPTYS INC | AT COST | 12,806 | 10,911 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 469 | 469 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 5,500 | 0 | 0 | |
| FOREIGN TAX | 70 | 70 | 0 |