Annual Report

Financial Statement

Summary of Account Covering the Period September 30, 2014 to September 30, 2015

Investments on Hand 9/30/15

Principal

Market Value 09/30/14 

Market Value 09/30/15

Stock

$43,443,881

$47,658,101

Bonds

$10,927,233

$11,944,178

Cash

$3,681,560

$2,412,041

Alternatives

$5,123,813
$5,297,073

Total

$63,176,487

$67,311,393

Application of Funds During Year Ended 9/30/15

Income Collected

$3,968,074

Plus Net Transfer from Principal

$709,779

Total

$4,677,853

Payments of Charitable Commitments

$ 2,414,348

Other Amounts Disbursed

Trustee Commissions (JPM)

$221,438

Federal Excise Tax

$75,147

Other Admin Expenses

$547,362

Subtotal

$843,947

Total

$3,258,295