2016-11-14T11:01:56-06:00 2015-12-31 521158459 HERTZBACH & COMPANY PA 800 RED BROOK BOULEVARD SUITE 300 OWINGS MILLS MD 21117 990PF 2015-01-01 522040073 THE AARON STRAUS & LILLIE STRAUS FOUNDATION INC AARO 4105398308 2 EAST READ STREET NO 100 BALTIMORE MD 21202 JAN RIVITZ PRESIDENT 4105398308 2016-11-14 1 NINA I SCHERR CPA P00029195 4103633200 2015 2017-02-10 21:41:12Z X 64672465 X X 1459742 1459742 4044876 8871916 4044876 -107626 0 5396992 5504618 327141 58885 268256 35595 0 35595 91015 14316 76699 1110 222 888 29077 5815 23262 599256 566702 32554 88660 44952 0 3315 0 28400 0 28400 2886 0 2886 25671 0 25661 1232126 690892 494201 2962244 3201244 4194370 690892 3695445 1202622 4813726 918941 1234652 1234652 16703 21604 21604 4958327 4449059 4449059 62881053 57823546 57823546 41585 39224 750 2361 2361 1110519 1141243 1141243 69886293 64672465 64672465 56192 58619 679000 445000 735192 503619 X 69151101 64168846 69151101 64168846 69886293 64672465 69151101 1202622 0 70353723 6184877 64168846 ADAGE CAPITAL PARTNERS LP PASS-THROUGH P 402489 402489 ADAGE CAPITAL PARTNERS LP PASS-THROUGH P 1722187 1722187 BRANDYWINE INVESTMENT TRUST PASS-THROUGH P -216 -216 BRANDYWINE INVESTMENT TRUST PASS-THROUGH P 12488 12488 CITI HICKS MUSE PARTNERS LP PASS-THROUGH P 30 30 CITI HICKS MUSE PARTNERS LP PASS-THROUGH P -2963 -2963 HIGHFIELDS CAPITAL IV LP PASS-THROUGH P -1782 -1782 HIGHFIELDS CAPITAL IV LP PASS-THROUGH P -39235 -39235 CITI MASTERS OFFSHORE FUND P 30140 30140 QUESTMARK PARTNERS, LP P -11391 -11391 PUBLICLY TRADED SECURITIES - SCHWAB #4267 909070 939597 -30527 -30527 PUBLICLY TRADED SECURITIES - SCHWAB #4267 1240885 646358 594527 594527 THE SILCHESTER INT'L INVESTORS PASS-THROUGH P 14388 14388 THE SILCHESTER INT'L INVESTORS PASS-THROUGH P 550578 550578 SILVER CREEK P 16541 10461 6080 6080 PUBLICLY TRADED SECURITIES - SCHWAB #4729 627277 632926 -5649 -5649 PUBLICLY TRADED SECURITIES - SCHWAB #4729 3212825 3147349 65476 65476 PUBLICLY TRADED SECURITIES - ALL BLUE 2782676 2500000 282676 282676 SOMERSET P -31344 -31344 SOMERSET P 3225 3225 PUBLICLY TRADED SECURITIES - WELLS FARGO 457(B) PLAN 76556 80350 -3794 -3794 PUBLICLY TRADED SECURITIES - WELLS FARGO 457(B) PLAN 6086 7307 -1221 -1221 JOHCM INT'L SELECT FUND PASS-THROUGH P -150757 -150757 JOHCM INT'L SELECT FUND PASS-THROUGH P 639471 639471 4044876 0 3671722 68772710 0.053389 3373390 64386979 0.052392 3217012 60651905 0.053041 2775441 60669552 0.045747 2846074 60308125 0.047192 0.251761 0.050352 67497681 3398643 48137 3446780 3695445 X 48137 0 48137 0 48137 90000 12500 102500 54363 23200 31163 0 0 0 0 0 0 0 0 1 1 0 1 1 MD 1 0 0 0 0 1 WWW.STRAUSFOUNDATION.ORG JAN RIVITZ 4105398308 2 EAST READ STREET BALTIMORE MD 21202 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SUSAN LEVITON 500 WEST BALTIMORE STREET BALTIMORE MD 21201 DIRECTOR 0.50 0 0 0 JAN C RIVITZ 2 EAST READ STREET BALTIMORE MD 21202 PRESIDENT/TREASURER 40.00 327141 66302 0 TERRY UNDERBERG 136 EAST 56TH STREET NEW YORK NY 10022 SECRETARY 0.50 0 0 0 STEPHEN H ABRAHAM 1758 PARK ROAD NW WASHINGTON DC 200102105 DIRECTOR 0.50 0 0 0 SAMUEL HIMMELRICH 3600 CLIPPER MILL ROAD BALTIMORE MD 212111934 DIRECTOR 0.50 0 0 0 LEE E COPLAN 750 EAST PRATT STREET BALTIMORE MD 21202 VICE PRESIDENT 0.50 0 0 0 NONE 0 CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISER 104530 0 0 22715941 2150575 43659048 68525564 0 0 68525564 1027883 67497681 3374884 3374884 48137 48137 3326747 0 3326747 0 3326747 3695445 0 3695445 48137 3647308 3326747 0 0 235320 262715 330502 828537 3695445 0 0 0 3326747 368698 0 0 1197235 0 0 0 0 0 0 0 1197235 235320 262715 330502 368698 JAN RIVITZ 2 EAST READ STREET SUITE 100 BALTIMORE MD 21202 4105398308 COMMON GRANT APPLICATION FORM (ABAG FORM) APPLICATIONS ARE ACCEPTED YEAR-ROUND NO GRANTS TO ENDOWMENTS OR INDIVIDUALS ACLU FOUNDATION OF MARYLAND 3600 CLIPPER MILL ROAD SUITE 350 BALTIMORE MD 21211 N/A PC ALL GENERAL SUPPORT 150000 ADVOCATES FOR CHILDREN AND YOUTH ONE NORTH CHARLES STREET SUITE 2400 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 33000 ANACOSTIA WATERSHED SOCIETY 4302 BALTIMORE AVE BLADENSBURG MD 20710 N/A PC ALL GENERAL SUPPORT 150 ASPEN INSTITUTE 1 DUPONT CIRCLE NW SUITE 700 WASHINGTON DC 20036 N/A PC ALL GENERAL SUPPORT 50000 ASSOCIATION OF BALTIMORE AREA GRANTMAKERS 2 E READ STREET 2ND FLOOR BALTIMORE MD 21202 N/A PC ALL GENERAL SUPPORT 6500 BALTIMORE CASH CAMPAIGN 217 E REDWOOD STREET SUITE 1500 BALTIMORE MD 21202 N/A PC ALL GENERAL SUPPORT 50000 BALTIMORE CHESAPEAKE BAY OUTWARD BOUND 1900 EAGLE DRIVE BALTIMORE MD 21207 N/A PC ALL GENERAL SUPPORT 100 BALTIMORE CITY COLLEGE LIBRARY CAMPAIGN 800 N CHARLES STREET SUITE 400 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 10000 BALTIMORE CITY HEALTH DEPARTMENT 1001 E FAYETTE STREET BALTIMORE MD 21202 N/A PC ALL GENERAL SUPPORT 150000 BALTIMORE CORPS 34 E 25TH STREET BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 84000 BALTIMORE EDUCATION RESEARCH CONSORTIUM 2701 N CHARLES STREET SUITE 300 BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 32500 BALTIMORE MUSEUM OF ART 10 ART MUSEUM DRIVE BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 5000 BALTIMORE SCHOOL FOR THE ARTS FOUNDATION 712 CATHEDRAL STREET BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 21000 BALTIMORES PROMISE VILLAGE SQUARE 1 SUITE 177 5100 FALLS ROAD BALTIMORE MD 21210 N/A PC ALL GENERAL SUPPORT 50000 BEHAVIORAL HEALTH SYSTEM BALTIMORE - EXPANDED SCHOOL BASED MENTAL HEALTH ONE NORTH CHARLES STREET SUITE 1300 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 75000 CALVERT FOUNDATION 7315 WISCONSIN AVENUE SUITE 1000W BETHESDA MD 20814 N/A PC ALL GENERAL SUPPORT 100000 CAMP AIRY AND CAMP LOUISE FOUNDATION INC 5750 PARK HEIGHTS AVENUE BALTIMORE MD 21215 N/A PC ALL GENERAL SUPPORT 750000 CENTER FOR GLOBAL EDUCATION INITIATIVES UNIVERSITY OF MARYLAND 620 W LEXINGTON STREET BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 10000 CENTRAL SCHOLARSHIP 6 PARK CENTER COURT SUITE 211 OWINGS MILLS MD 21117 N/A PC ALL GENERAL SUPPORT 100000 CENTRAL SYNAGOGUE 652 LEXINGTON AVENUE NEW YORK NY 10022 N/A PC ALL GENERAL SUPPORT 1500 CHANA 101 WEST MOUNT ROYAL AVENUE BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 25000 CHESAPEAKE BAY FOUNDATION 6 HERNDON AVENUE ANNAPOLIS MD 21403 N/A PC ALL GENERAL SUPPORT 1000 CIVIC WORKS INC 2701 ST LO DRIVE BALTIMORE MD 21213 N/A PC ALL GENERAL SUPPORT 20000 DEFENDERS OF WILDLIFE PO BOX 1553 MERRIFIELD VA 221161553 N/A PC ALL GENERAL SUPPORT 1000 DIGITAL HARBOR FOUNDATION 1045 LIGHT STREET BALTIMORE MD 21230 N/A PC ALL GENERAL SUPPORT 35000 FAMILY LEAGUE OF BALTIMORE 2305 N CHARLES STREET SUITE 200 BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 40000 FH FOUNDATION 1515 HOPE STREET SUITE 204 SOUTH PASADENA CA 91030 N/A PC ALL GENERAL SUPPORT 1000 FONZ PO BOX 37012 MRC 5516 WASHINGTON DC 200137012 N/A PC ALL GENERAL SUPPORT 250 FOUNDATION OF THE NATIONAL LIPID ASSOCIATION 6816 SOUTHPOINT PARKWAY SUITE 1000 JACKSONVILLE FL 32216 N/A PC ALL GENERAL SUPPORT 2000 FREESTATE LEGAL PROJECT INC 1111 NORTH CHARLES STREET FOURTH FLOOR BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 29000 FUND FOR EDUCATIONAL EXCELLENCE 800 N CHARLES STREET SUITE 400 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 35000 GIRL SCOUTS OF CENTRAL MARYLAND 4806 SETON DRIVE BALTIMORE MD 21215 N/A PC ALL GENERAL SUPPORT 12000 GREATER BALTIMORE CULTURAL ALLIANCE 1800 N CHARLES STREET SUITE 810 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 25000 GREEN STREET ACADEMY FOUNDATION 201 NORTH BEND ROAD BALTIMORE MD 21229 N/A PC ALL GENERAL SUPPORT 6500 HOLISTIC LIFE FOUNDATION INC 2601 N HOWARD STREET - SUITE 140 BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 25000 HORACE MANN SCHOOL 231 WEST 246TH STREET BRONX NY 10471 N/A PC ALL GENERAL SUPPORT 4000 IMPACT HUB BALTIMORE 34 E 25TH STREET BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 16000 JEWISH NATIONAL FUND 78 RANDALL AVENUE ROCKVILLE CENTRE NY 11570 N/A PC ALL GENERAL SUPPORT 500 JOHNS HOPKINS BAYVIEW MEDICAL CENTER MASON F LORD BUILDING CENTER TOWER SUITE 4200 5200 EASTERN AVENUE BALTIMORE MD 21224 N/A PC ALL GENERAL SUPPORT 75000 JOHNS HOPKINS PROJECT RESTORE 3910 KESWICK ROAD N2100 BALTIMORE MD 21211 N/A PC ALL GENERAL SUPPORT 2500 JOHNS HOPKINS UNIVERSITY-CENTRO SOL 5200 EASTERN AVE SUITE 4200 BALTIMORE MD 21224 N/A PC ALL GENERAL SUPPORT 102844 KIPP BALTIMORE 4701 GREENSPRING AVENUE BALTIMORE MD 21209 N/A PC ALL GENERAL SUPPORT 10000 KRIPALU CENTER FOR YOGA AND HEALTH PO BOX 309 STOCKBRIDGE MA 01262 N/A PC ALL GENERAL SUPPORT 2000 LANDON SCHOOL 6101 WILSON LANE BETHESDA MD 20817 N/A PC ALL GENERAL SUPPORT 750 LEAVE NO TRACE PO BOX 997 BOULDER CO 80306 N/A PC ALL GENERAL SUPPORT 250 LIFEBRIDGE HEALTH 2401 WEST BELVEDERE AVENUE BALTIMORE MD 21215 N/A PC ALL GENERAL SUPPORT 20000 MERIT 733 N BROADWAY SUITE 137 BALTIMORE MD 21205 N/A PC ALL GENERAL SUPPORT 30000 METRO ATLANTA RECOVERY RESIDENCES INC PO BOX 48349 DORAVILLE GA 30362 N/A PC ALL GENERAL SUPPORT 4500 MULTICULTURAL CAREER INTERN PROGRAM (MCIP) 3101 16TH STREET NW WASHINGTON DC 20010 N/A PC ALL GENERAL SUPPORT 150 NATIONAL OUTDOOR LEADERSHIP SCHOOL 284 LINCOLN STREET LANDER WY 825202848 N/A PC ALL GENERAL SUPPORT 300 NATIONAL RESOURCES DEFENSE COUNCIL 40 W 20TH ST NEW YORK NY 10011 N/A PC ALL GENERAL SUPPORT 5000 NYU CENTER FOR THE PREVENTION OF CARDIOVASCULAR DISEASE 530 FIRST AVENUE SKIRBALL 9U NEW YORK NY 10016 N/A PC ALL GENERAL SUPPORT 2500 OPEN SOCIETY INSTITUTE - BALTIMORE 201 NORTH CHARLES STREET SUITE 1300 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 2500 PACT 7000 TUDSBURY RD BALTIMORE MD 21244 N/A PC ALL GENERAL SUPPORT 2500 PARK SCHOOL OF BALTIMORE 2425 OLD COURT ROAD BALTIMORE MD 21208 N/A PC ALL GENERAL SUPPORT 500 READING PARTNERS BALTIMORE 916 NORTH CHARLES STREET SUITE 250 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 50000 SECTION 1 INC 124 B STATION NORTH MEWS BALTIMORE MD 21202 N/A PC ALL GENERAL SUPPORT 10000 STATION NORTH ARTS & ENTERTAINMENT INC 1 W NORTH AVENUE BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 10000 TAHIRIH JUSTICE CENTER 201 NORTH CHARLES STREET SUITE 920 BALTIMORE MD 35000 N/A PC ALL GENERAL SUPPORT 35000 TEACH FOR AMERICA - BALTIMORE 2601 N HOWARD STREET BALTIMORE MD 21218 N/A PC ALL GENERAL SUPPORT 255000 TEMPLE UNIVERSITY COLLEGE OF EDUCATION 1301 CECIL B MOORE AVENUE RITTER ANNEX SUITE 460 PHILADELPHIA PA 19122 N/A PC ALL GENERAL SUPPORT 24000 THE ASSOCIATED 101 WEST MOUNT ROYAL AVENUE BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 526000 THE CHILDRENS BOOKSTORE EDUCATIONAL FOUNDATION 737 DEEPDENE ROAD BALTIMORE MD 21210 N/A PC ALL GENERAL SUPPORT 2500 THE INGENUITY PROJECT 1400 W COLD SPRING LN BALTIMORE MD 21209 N/A PC ALL GENERAL SUPPORT 25000 THREAD PO BOX 1584 BALTIMORE MD 21203 N/A PC ALL GENERAL SUPPORT 25000 US HISPANIC YOUTH ENTREPRENEUR EDUCATION 5200 EASTERN AVENUE BALTIMORE MD 21224 N/A PC ALL GENERAL SUPPORT 9900 UMBC FOUNDATION 1000 HILLTOP CIRCLE 8TH FLOOR ADMINISTRATION BUILDING BALTIMORE MD 21250 N/A PC ALL GENERAL SUPPORT 1500 WABE RADIO-PUBLIC BROADCASTING ATLANTA 740 BISMARK ROAD NE ATLANTA GA 30324 N/A PC ALL GENERAL SUPPORT 500 WASHINGTON AND LEE UNIVERSITY 204 W WASHINGTON ST LEXINGTON VA 24450 N/A PC ALL GENERAL SUPPORT 550 WILDERNESS LEADERSHIP & LEARNING INC (WILL) 1758 PARK ROAD NW WASHINGTON DC 20010 N/A PC ALL GENERAL SUPPORT 7000 WORLD WILDLIFE FUND 1250 TWENTY-FOURTH STREET NW PO BOX 97180 WASHINGTON DC 200907180 N/A PC ALL GENERAL SUPPORT 500 YOUNG SURVIVORS COALITION 80 BROAD STREET SUITE 1700 NEW YORK NY 10004 N/A PC ALL GENERAL SUPPORT 500 3201244 BMHS-UNACCOMPANIED MINORS ONE NORTH CHARLES STREET SUITE 1300 BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 30000 MERIT 733 N BROADWAY SUITE 137 BALTIMORE MD 21205 N/A PC ALL GENERAL SUPPORT 30000 OURS TO OWN - BALTIMORE 7315 WISCONSIN AVENUE SUITE 1000W BETHESDA MD 20814 N/A PC ALL GENERAL SUPPORT 100000 BSA - TWIGS EXPANSION 712 CATHEDRAL STREET BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 80000 BSA - BAUM SYMPOSIUM 712 CATHEDRAL STREET BALTIMORE MD 21201 N/A PC ALL GENERAL SUPPORT 5000 245000 14 1459742 18 4044876 PASS-THROUGH PARTNERSHIP K-1 900099 -107626 -107626 5504618 0 5396992 0 0 0 0 0 0 0 0 0 0 INDIRECT ACCOUNTING FEES 29077 5815 23262 OFFICE FURNITURE 2001-01-23 13526 13526 200DB 7.000000000000 0 0 WAITING ROOM FURNITURE 2001-12-31 5527 5527 200DB 7.000000000000 0 0 ARTWORK - JAN'S OFFICE 2001-12-31 1968 1968 200DB 7.000000000000 0 0 TOSHIBA PHONE SYSTEM 2001-12-31 2448 2448 200DB 7.000000000000 0 0 NETWORK WEBSITE 2004-02-26 5000 5000 SL 5.000000000000 0 0 DESIGN/PRODUCE WEBSITE 2004-10-11 5000 5000 SL 5.000000000000 0 0 DESK CHAIR 2000-06-22 690 690 200DB 7.000000000000 0 0 VIDEO CONFERENCE EQUIP 2011-08-02 2500 1750 SL 5.000000000000 500 0 ARTWORK 2015-04-14 1800 200DB 7.000000000000 1029 0 LOBBY CHAIRS 2015-02-19 1762 200DB 7.000000000000 1007 0 CONFERENCE ROOM CHAIRS 2015-02-17 1364 200DB 7.000000000000 779 0 RECONCILIATION OF WAGES ON FORM 990-PF TO FORM W-3 FORM 990-PF PART I LINES 13 & 14 FORM 990-PF PART I LINE 13 $327,141FORM 990-PF PART I LINE 14 35,595SHARING OF EMPLOYEES WITH UNRELATED ORGANIZATIONS 35,595 ----------TOTAL WAGES ON FORM W-3 BOX 5 $381,961 ========== CERES INC (250 SHS) 81 81 ALPHABET INC (147 SHS) 111555 111555 ANSYS INC (2,067 SHS) 191198 191198 BIO-TECHNE CORP 0 0 BIOGEN IDEC INC (317 SHS) 97113 97113 BLACKBAUD INC (1,059 SHS) 69746 69746 CARMAX INC (3,441 SHS) 185711 185711 CELGENE CORP (725 SHS) 86826 86826 CHIPOTLE MEXICAN GRILL (172 SHS) 82534 82534 CONCHO RESOURCES INC 0 0 CORE LABORATORIES N V F 0 0 COSTAR GROUP INC (417 SHS) 86189 86189 DEALERTRACK TECHNOLOGIES 0 0 DISCOVER FINANCIAL SVCS (2,791 SHS) 149653 149653 ECOLAB INC (1,608 SHS) 183923 183923 ENVESTNET INC (2,503 SHS) 74715 74715 EXAMWORKS GROUP INC (3,282 SHS) 87301 87301 EXPONENT INC (922 SHS) 46054 46054 FASTENAL CO (1,364 SHS) 55678 55678 HEALTHCARE SVC GROUP INC (1,828 SHS) 63742 63742 IMAX CORP (4,810 SHS) 170947 170947 INTUITIVE SURGICAL NEW (239 SHS) 130532 130532 LKQ CORP (7,853 SHS) 232684 232684 MARKEL CORP (128 SHS) 113069 113069 MASTERCARD INC (1,057 SHS) 102910 102910 MCGRAW-HILL FIN (1,382 SHS) 136238 136238 MOODYS CORP (1,890 SHS) 189643 189643 PRICESMART INC (580 SHS) 0 0 PRA GROUP INC (2,780 SHS) 96438 96438 QUALCOMM INC 0 0 REDHAT INC (2,392 SHS) 198082 198082 ROPER INDUSTRIES INC (980 SHS) 185994 185994 S E I INVESTMENTS CO (3,140 SHS) 164536 164536 SIGNET JEWELERS LTD (979 SHS) 121093 121093 STERICYCLE INC (1,154 SHS) 139172 139172 STRATASYS LTD 0 0 TANGOE INC 0 0 TRANSDIGM GROUP INC (522 SHS) 119251 119251 TRIMBLE NAVIGATION LTD (3,768 SHS) 80824 80824 TYLER TECHNOLOGIES INC (373 SHS) 65021 65021 VERISK ANALYTICS INC CL A (1,853 SHS) 142459 142459 VISA INC CL A (3,694 SHS) 286470 286470 WAGEWORKS INC (2,567 SHS) 116465 116465 WASTE CONNECTIONS INC (1,513 SHS) 85212 85212 3 D SYSTEMS CORP 0 0 CITI HICKS MUSE PARTNERS LP FMV 25978 25978 QUESTMARK PARTNERS LP FMV 83721 83721 MASTERS OFFSHORE FUND FMV 49231 49231 SILVER CREEK LONG SHORT FMV 243648 243648 HIGHFIELDS CAPITAL IV LP FMV 4968345 4968345 BRANDYWINE INVESTMENT TRUST FMV 2332283 2332283 SILVER CREEK III FMV 2358467 2358467 ADAGE CAPITAL PARTNERS LP FMV 11214662 11214662 JOHCM INTERNATIONAL SELECT FUND FMV 3557745 3557745 THE SILCHESTER INTERNATIONAL INVEST FMV 8400828 8400828 THE WEATHERLOW OFFSHORE FUND FMV 5230556 5230556 BLUECREST ALLBLUE FUND FMV 0 0 SOMERSET FMV 1709356 1709356 PROPEL BALTIMORE FUND FMV 153775 153775 PIMCO TOTAL RETURN FUND INSTL CL FMV 0 0 VANGUARD INTERM TERM BD INDEX ADMIRAL SHR (357,054.92 SHS) FMV 4020438 4020438 VANGUARD SHORT TERM BOND INDEX FUND ADMIRAL SHRS (439,664.91 SHS) FMV 4585705 4585705 ACADIAN EMERGING MKTS PORTFOLIO INST CL (188,371.62 SHS) FMV 2808621 2808621 JHANCOCK2 GLBL ABSOLUTE (265,243.64 SHS) FMV 2758534 2758534 PIMCO COMMODITY REAL RETURN STRAT INST (140,426 SHS) FMV 886088 886088 T ROWE PRICE NEW ERA FUND (83,880.64) SHS) FMV 2287425 2287425 AMERICAN TOWER CORP REIT (1,528 SHS) FMV 148140 148140 OFFICE FURNITURE 13526 13526 0 WAITING ROOM FURNITURE 5527 5527 0 ARTWORK - JAN'S OFFICE 1968 1968 0 TOSHIBA PHONE SYSTEM 2448 2448 0 NETWORK WEBSITE 5000 5000 0 DESIGN/PRODUCE WEBSITE 5000 5000 0 DESK CHAIR 690 690 0 VIDEO CONFERENCE EQUIP 2500 2250 250 ARTWORK 1800 1029 771 LOBBY CHAIRS 1762 1007 755 CONFERENCE ROOM CHAIRS 1364 779 585 LEGAL FEES 1110 222 888 EXECUTIVE COMPENSATION PLAN 104948 99931 99931 DISTRIBUTION RECEIVABLE 1005571 1041312 1041312 UNREALIZED LOSS 6183869 NONDEDUCTIBLE EXPENSE 1008 BANK CHARGES 188 0 188 COMPUTER EXPENSE 1639 0 1639 DUES AND SUBSCRIPTIONS 4531 0 4521 INSURANCE 3613 0 3613 INTERNET EXPENSE 107 0 107 MEALS AND ENTERTAINMENT 9014 0 9014 OFFICE SUPPLIES 1266 0 1266 PARKING 2919 0 2919 PAYROLL PROCESSING 1250 0 1250 POSTAGE 565 0 565 MAINTENANCE 237 0 237 MISCELLANEOUS EXPENSE 342 0 342 PASS-THROUGH PARTNERSHIP K-1 -107626 0 -107626 INVESTMENT ADVISOR 104530 104530 0 INVESTMENT EXPENSES 454034 454034 0 CONSULTING FEES 40692 8138 32554 FOREIGN AND EXCISE TAXES PAID 88660 44952 0