Annual Report

Financial Statement

Summary of Account Covering the Period October 1, 2011 to September 30, 2012

Investments on Hand 9/30/12

Principal

Market Value 09/30/11

Market Value 09/30/12

Stock

$28,688,362.00

$29,174,772.00

Bonds

$18,489,023.00

$20,821,258.00

Cash

$2,261,904.00

$3,562,596.00

Alternatives

$7,296,435.00  $6,837,492.00

Total

$56,735,724.00

$60,396,118.00

Application of Funds During Year Ended 9/30/12

Income Collected

$ 2,606,571.00

Plus Net Transfer from Principal

$ 778,776.00

Total

$ 3,385,347.00

Payments of Charitable Commitments

$ 2,569,830.00

Other Amounts Disbursed

Trustee Commissions (JPM)

$ 208,779.00

Federal Excise Tax

$ 24,767.00

Other Admin Expenses

$ 581,971.00

Subtotal

$ 815,517.00

Total

$ 3,385,347.00