Annual Report

Financial Statement

Summary of Account Covering the Period September 30, 2016 to September 30, 2017

Investments on Hand

Principal

Market Value 09/30/16

Market Value 09/30/17

Stock

$41,600,189

$53,718,827

Bonds

$14,379,770

$14,576,045

Cash

$4,794,682

$2,690,374

Alternatives

$3,511,447 $515,972

Total

$64,286,088 

$71,501,218

Application of Funds During Year Ended 9/30/17

Income Collected

$6,014,995

Plus Net Transfer from Principal

$3,393,771

Total

$9,408,766

Payments of Charitable Commitments

$1,708,662

Other Amounts Disbursed During Year Ended 9/30/17

Trustee Commissions (JPM)

$221,257

Federal Excise Tax

$117,341

Other Admin Expenses

$308,585

Subtotal

$647,133

Total

$2,355,795