HomeMy WebLinkAbout01-28-15 �.� Q
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TRUST
COURT OF COMMON PLEAS OF ` -D
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Cumberland COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION `' � r
, r_
00
NAME OF TRUST -t _i --'
(TRUST UNDER WILL OF 00 f— res
(,) Cr) C3
or � )
TRUST44XDE�-E�EZED OXrantham Memorial Park Association Perpetual Care Fund
EjAfEI} as Qualified Trustee pursuant to Statute
No. - c_
PETITION FOR ADJUDICATION/
STATEMENT OF PROPOSED DISTRIBUTION
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of Trust Accounts. If space is insufficient,
riders may be attached.
INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM.
Name of Counsel: Richard C. Snelbaker, Esquire
Supreme Court I.D.No.: 6355
Name of Law Firm: Snelbaker& Brenneman, P.C.
Address. 44 West Main Street, Mechanicsburg, PA 17055
Telephone: 717-697-8528
Fax: 717-697-7681
FormOC-02 10.13.06 Page I of 10
TRUST
COURT OF COMMON PLEAS OF
Cumberland COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
NAME OF TRUST
(TRUST UNDER WILL OF
or
TRUST44XDE�4�EZED 01;rrantham Memorial Park Association Perpetual Care Fund
13ATEI} as Qualified Trustye pursuant to Statute
No.
PETITION FOR ADJUDICATION/
STATEMENT OF PROPOSED DISTRIBUTION
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of Trust Accounts. If space is insufficient,
riders may be attached.
INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM.
Name of Counsel: Richard C. Snelbaker, Esquire
Supreme Court I.D. No.: 6355
Name of Law Firm: Snelbaker& Brenneman, P.C.
Address. 44 West Main Street, Mechanicsburg, PA 1.7055
Telephone: 717-697-8528
Fax: 717-697-7681
Farm oc-oz rev 10.!3.06 Page 1 of 10
Name of Trust: Grantham Memorial Park Association Perpetual Care Fund
I. Name(s) and address(es) of Petitioner(s):
Petitioner: Petitoi`
Name: Grantham Memorial Park Frederick K. Barr, Treasurer
Association
Address: P.O. BOX 167
Grantham, PA 17027
2. Check if any of the following issues are involved in this case:
A. Appointment of Trustee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
B. Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C. Discharge of Trustee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
D. Transfer of Situs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
E. Appointment of Ad Litem . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F. Minor, Unborn or Unascertained Beneficiary(ies) . . . . . . . . . . . . . . . . . . . . . .
G. Principal Distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
H. Partial/Full Termination of Trust . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
1. Missing Beneficiary(ies) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . El
J. Cy Pres . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
K. Williamson Issue* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
L. Otherlssues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0
List:
Please note:
A detailed explanation of issues checked should be set forth at item 13 below.
*See Williamson Estate,368 Pa.343,82 A.2d 49(1951),if Trustee was also Executor of the settlor/decedent's estate and
received commissions in such capacity.
Form OC-02 rev 10.13.06 Page 2 of 10
Name of Trust: Grantham Memorial Park Association Perpetual Care Fund
3. Testamentary Trust:
Decedent's date of death: N/A
Date of Decedent's Will:
Date(s) of Codicil(s):
Date of probate:
or
Inter Vivos Trust:
Date of Trust: N/A
Date(s) of Amendment(s):
4. A. If any other Court has taken jurisdiction of any matter relating to this Trust, explain:
B. Identify all prior accountings and provide dates of adjudication.
5. A. State how each Trustee was appointed:
Grantham Memorial Park Association is the qualified Trustee of its perpetual care
fund pursuant to 9 Pa C.S. section 309
B. If a Petitioner is not a Trustee, explain:
Forn,oc-oz rev 10.13.06 Page 3 of 10
Name of Trust: Grantham Memorial Park Association Perpetual Care Fund
6. State how and when the present fund was awarded to Trustee(s):
Perpetual Care Fund is mandated by law Sec 9 Pa.C.S. section 309
7. Period covered by accounting: July 3, 2012 to December 31, 2014
8. Current fair market value of the Trust principal is $ 195,582.74 (Seepage
1 of Account.)
9. State concisely the dispositive provisions of the Trust:
Use and disposition of perpetual care fund is governed exclusively by law. See Chapter
3 of Title 9 of Pennsylvania Consolidated Statutes (9 Pa. C.S. section 301 et seq.)
10. Explain the reason for filing this Account (if filed because of the death of a party, state
name of person, relationship to Trust and date of death):
As required by law- see 9 Pa. C.S. section 308
Form OC-02 rev 10.13.06 Page 4 of 10
Name of Trust:Grantham Memorial Park Association Perpetual Care Fund
IL State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this
Audit(see Pa. O.C. Rule .1.2.4):
No need for guardian or trustee ad litem.
12. A. State the amount of Pennsylvania Transfer Inheritance Tax and Pennsylvania Estate
Tax paid (including postponed tax on remainder interests), the dates of payment and
the interests upon which such amounts were paid:
Date Payment Interest
N/A
B. If any such taxes remain unpaid or are in dispute, explain:
N/A
13. Describe any questions requiring Adjudication and state the position of.Petitioner(s) and
give details of any issues identified in item 2:
No issues to be adjudicated.
Form oC-02 rev 10./3.06 Page 5 of 10
e�
Name of Trust:Grantham .Memorial Park Association Perpetual Care Fund
14. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will
be given to all parties in interest listed in item 15 below. In addition, notice of any
questions requiring Adjudication as discussed in item 13 above has been or will be given
to all persons affected thereby.
A. If Notice has been given, attach a copy of the Notice as well as a list of the names
and addresses of the parties receiving such notice.
B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and
addresses of the parties receiving such Notice shall be submitted at the Audit
together with a statement executed by Petitioner(s) or counsel certifying that such
Notice has been given.
C. If any such party in interest is not sui juris (e.g., minors or incapacitated persons),
Notice of the Audit has been or will be given to the appropriate representative on
such party's behalf as required by Pa. O.C. Rule 5.2.
D. If any charitable interest is involved,Notice of the Audit has been or will also be
given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition,
the Attorney General's clearance certificate (or proof of service of Notice and a
copy of such Notice) must be submitted herewith or at the Audit.
15. List all parties of whom Petitioner(s) has/have notice or knowledge, having or claiming
any interest in the Trust, whether such interest is vested or contingent, charitable or
non-charitable. This list shall:
A. State each party's relationship to the Settlor/Decedent and the nature of each
party's interest(s);
Name and Address o/'Each Party in Interest I Relationship and Comments,if any I Interest
Pennsylvania State Real Estate Copy of Account is See 9 Pa C.S.
Commission being filed with the section 308
P.O. Box 2649 Commission as
Harrisburg, PA 17105-2649 required by law.
Form OC-02 rev 10.13.06 Page 6 of 10
Name of Trust: Grantham Memorial Park Association Perpetual Care Fund
Name and Address of Each Party in Interest I Relationship and Comments,if any I Interest
B. Identify each party who is not sui juris(e.g., minors or incapacitated persons).
For each such party, give date of birth, the name of each Guardian and how each
Guardian was appointed. If no Guardian has been appointed, identify the next of
kin of such party, giving the name, address and relationship of each; and
No minors or incapacitated parties.
C. If distribution is to be made to the personal representative of a deceased party,
state date of death, date and place of grant of Letters and type of Letters granted.
No distribution to be made
16. If Petitioner(s) has/have knowledge that a Trust share has been assigned or attached,
provide a copy of the assignment or attachment, together with any relevant supporting
documentation. None
17. If a trustee's principal commission is claimed: None— Petitioner as qualified trustee
does not take nor claim a commission.
A. if based on a written agreement, attach a copy thereof.
Form OC-02 rer l0.I3.06 Page 7 of 10
Name of Trust:Grantham Memorial Park Association Perpetual Care Fund
B. If a principal commission is claimed, state amount.
Petitioner pays fee to Orrstown Bank(as reported in Account) for management
services. See copy of investment trust agreement attached hereto as "Exhibit A".
C. If a principal commission is claimed, state the amounts and dates of any principal
commissions previously paid in prior accounting periods.
Amount Date Paid
18. If a reserve is requested, state amount and purpose.
Amount: 0.00
Purpose:
If a reserve is requested for counsel fees, has notice of the
amount of fees to be paid from the reserve been given to the
parties in interest? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . El Yes ElNo
If so, attach a copy of the notice.
19. Is the Court being asked to direct
the filing of a Schedule of Distribution? . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Yes 0 N
Form OC-02 rev 10.13.06 Page 8 of 10
Name of"Trust: Grantham Memorial Park Association Perpetual Care Fund
Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled
and suggest(s) that the distributive shares of income and principal (residuary shares being stated
in proportions, not amounts) are as follows:
A. Income:
Proposed UistriUtee(S) Amount Proportion
None
B. Principal:
Proposed Uisnribufee(s) AnpnurNProportion
None
Submitted By:
(All petitioners must sign.
Add additional lines if necessary):
Name of Petitio er: Grantham Memorial Park.As.so.c:ia-t,
By:
Ile
Frederick K. Barr, Treasurer
Form OC-02 rev 0.13.06 Page 9 of 10
Name of Trust: Grantham Memorial Park Association Perpetual Care Fund
Verification of Petitioner
(Verification must be by at least one petitioner.)
The undersigned hereby verifies * [that he/she he is lime Treasurer
of the above-named name ofcoiporalion Grantham Memorial ParkAssociatiorindl that the facts set
forth in the foregoing Petition for Adjudication / which are
within the personal knowledge of the Petitioner are true, and as to facts based on the information
of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false
statements herein are made subject to the penalties of 18 Pa. C.S. § 4904 (relating to unsworn
falsification to authorities).
Sig ature of Petitioner Frederick K. Barr
*Corporate petitioners must complete bracketed information.
Certification of Counsel
The undersigned counsel hereby certifies that the foregoing Petition for Adjudication /
Statement of Proposed Distribution is a true and accurate reproduction of the form Petition
authorized by the Supreme Court, and that no changes to the form have been made beyond the
responses herein.
Signature of Counsel for Petitioner
Richard C. Snelbaker
Form OC-02 rev/0./3.06 Page 10 of 10
f ,
f
TRUST AGREEMENT
THIS AGREEMENT made this day of `-1 ,2012,by and
between
GRANTHAM MEMORIAL PARK ASSOCIATION, a
Pennsylvania non-profit corporation,P. O. Box 167, Grantham,
PA 17027,party of the first part,hereinafter referred to as"Settlor":
AND
ORRSTOWN BANK,A Banking Corporation organized
and existing under the laws of the commonwealth of Pennsylvania,
having its Trust Office at 77 East King Street, Shippensburg,
Cumberland County,Pennsylvania,party of the second part,
hereinafter;referred to as"Trustee",
WHEREAS, Settlor serves as the qualified trustee of a perpetual lot care fund
(hereinafter called"Fund") as required by The Pennsylvania Act of Assembly of November 15,
1972,P.L. 1063,No, 271,as amended(9 Pa. C.S.A. § 101,et sect.) (hereinafter called"the Act")
and has determined the need for professional investment services for the assets held in said Fund;
and
WHEREAS, Settlor desires to employ Trustee for the purpose of holding in trust certain
cash and securities in its Fund, to provide investment services, and to maintain proper records of
such services and to account therefor to Settlor; and
WHEREAS, Settlor has delivered to, and Trustee acknowledges receipt of,certain assets
as shown by the Receiptfor Assets Delivered,attached hereto and incorporated herein by
reference thereto;
NOW,THEREFORE, in consideration of these presents,the parties hereby agree as
follows:
T. CUSTODY OF CASHANDSECURITIES
All securities that are depository eligible will be held in book entry form in the custody
Bank employed by the Trustee for the purpose of depository availability. Any other securities
required,to be registered shall be registered in the Trustee's Nominee,unless the unique nature of
an asset dictates otherwise,in which case that security will be registered in the name of the.
Settlor addressed to the Trustee.
Trustee will maintain the annual financial statements received relating to securities held
in this account, Proxies will be voted in favor of existing management by the Trustee unless
instructed otherwise by Settlor.
IL INVESTMENTS
As the Settlor has conferred unto the Trustee total investment authority,the Trustee will
operate under its own discretion as a reasonable investor,and within the objectives established
for the account by the Settlor,when making purchases and sales for the account. The Trustee
shall purchase for the amount: only securities which comply with the Act(see specifically§ 307),
as well as any securities that the Settlor may specifically direct in writing for the Trustee to
purchase for the account,
Trustee is obligated to take whatever action it determines is advisable in regards to stock
dividends,warrants,rights to subscribe,plans for reorganization or recapitalization,or plans for
the exchange of securities.
2
The INVESTMENT OBJECTIVE of this portfolio will be income with capital
preservation.
111.COLLECTION OF INCOME AND PRINCIPAL
Trustee is to collect interest,dividends and all other forms of income from any securities,
proceeds from matured,redeemed or sold securities and reinvest the same in such a manner as to
fulfill the objectives of the account as established by the Settlor.
IV.DISTRIBUTION OF PRINCIPAL
Trustee shall pay over to,or on behalf of, Settlor such cash and/or securities, in such form
or manner as Settlor shall from time to time direct.
V.RECORDS OF ACCOUNT
Trustee will keep accurate records of the receipt and disbursement of all cash and
securities held by Trustee for Settlor's account and shall provide all necessary data for the
preparation of the bi-annual accounting required by the Act.
Settlor has the right to receive confirmation of security trades according to Regulation H
of the Federal Reserve Bank,but waives this right.
In addition to the regular quarterly statements,Trustee shall furnish Settlor with an
annual tax report showing a summary of receipts,disbursements and investment changes,all
coded for taxability or deductibility.
V1. SPECIAL POWER OF ATTORNEY
Settlor confers unto Trustee,when acting on behalf of Settlor, or upon instructions from
Settlor,a Special Power of Attorney allowing Trustee to affix Settlor's signature to checks,
3
security orders,proxies,stock certificates and stock powers and all other documents requiring
Settlor's signature necessary to effect Trustee's duties and responsibilities under this agreement
VII.BENEFICIAL OMMR DISCLOSURE
Settlor'will be the beneficial owner of all securities,stocks and/or bonds held for it by the
Trustee. As the beneficial owner, Settlor has the right to receive proxies,annual reports,
corporate mailings, and other mailings related to the ownership of these shares.It is Settlor's
decision to object to the release of its name and address to requesting parties seeking to provide
Settlor with such mailings.
VIII.COMPENSATION
Trustee shall receive compensation for its services as shall be established under an
adopted Schedule of Fees in effect at the time the services were rendered and such compensation
becomes payable. The Trustee may deduct its fees directly from the cash balances of the
account. The Schedule of Fees applies to Trustee accounts with or without investment
discretion/responsibility delegated to Trustee.
The Schedule of Fees in effect at the time this account was established marked-"Exhibit
B is attached hereto and 'incorporated herein by reference thereto.
IX MISCELLANEOUS PROVISIONS
Settlor agrees to reimburse, indemnify and hold harmless Trustee from and against any
taxes or other governmental charges, and any expenses related thereto,which may be imposed or
assessed in respect to this agreement or any part hereof.
This agreement may be terminated upon thirty(30)days' written notice by either party
delivered to the other.
4
IN WITNESS WHEREOF,the parties have caused this agreement by their duly
authorized officers this day of ,2012.
GRANTHAM MEMORIAL PARD ASSOCIATION
v .2337JOV By
Taxpayer Identification Number C.Robert Watts,President
ACCEPTED: ORRSTOWN BANK
By
Title: T4s, NP--jr,
5
BY-ITBIT A
RECEIPT FOR ASSETS DELIVERED
GRANTHAM MEMORIAL PARK ASSN 568
706 GRANTHAM RD PO BOX10-4
GRANTHAM,PA 17027 / _ 27— 00.12701Z
.,— Date
Pay to the
Order of Q' i `
��' _- Dollars 8 oitiir:,
( PNCBANK (�
J
PNC BenL•,N,A, 000
Cmwg PA
For
1:03131273131: 500411294211' 05613
Received by: --
6
c -
EXHIBIT B
SCHEDULE OF FEES
FIDUCIARYACQ0jM$
The following schedule of fees applies to Trust accounts.
PLS
➢ Based on the monthly market value or appraisal value of the assets:
■ Less than$1,000,000 - 1.00%
■ $1,000,000 - $2,000,000 - 0.90%
■ Greater than$2,000,000 - 0.75%
> Minimum Fee: $2,500
When serving as Co-Fiduciary,the Bank fees are not reduced,not are fees divided with Co-
Fiduciaries. Co-Fiduciaries are entitled to solicit reasonable compensation.
APPROVED 10/8/09 BY TRUST COMMITTEE 5
RATES EFFECTIVE 1/1/10
In the Court of Common Pleas of County, Pennsylvania 42oq,Li 615.5"Y
nn Orphans' Court Division
File No. off' ` R
Grantham Memorial Park Association
First and Partial Account
of
Grantham Memorial,Park Association, Qualified Trustee
OF PERPETUAL CARE FUND
Accounting for the period: 07103/2012 to 1213112614
Purpose of Account: Grantham Memorial Park Association, Qualified Trustee, offers this Account to
acquaint interested parties with the transactions that have occurred during the Administration, of
the Perpetual Care Fund of said Association.
It is important that the Account be carefully examined. Requests for additional information or questions
or objections can be discussed with:
Richard C. Snelbaker, Esquire
44 West Main Street
Mechanicsburg, PA, 17055ri
,
(717) 697-8528 Co
rr)
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7
' C:�)
SCHEDULE B
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL
Gain. Loss
.09/2012012 Sale shares'Vanguard Fixed Income
24.30900
Net Proceeds 712.00
Fiduciary Acquisition Value -702.65 9.35
09/20/2012 Sale shares Vanguard IT Investment
43.17300
Net Proceeds 449.00
Fiduciary Acquisition Value 443.39 5.61
09/20/2012 Sale shares Vanguard Short Term
141000
Net Proceeds 37.00
Fiduciary Acquisition Value -36.73 0.27
09/20/2012 Sale shares Vanguard.Total.Bond Index
1,130:04500
Net Proceeds 12,600.00
Fiduciary Acquisition Value :12,600.00 0.00
11/16/2012 Sale snares T Rowe Price Short Term Bond
8,271.11800
Net Proceeds 404114.92
Fiduciary Acquisition Value -40,034.00 80=92
0212512013 Sale share Vanguard IT Investment
0,58500
Net Proceeds 6.00
Fiduciary Acquisition Value -6.01 -0.01
B-1
SCHEDULE B
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL
Continued
Gain Lass
12113/2013 Sale shares Federated Total Return
795.49200
Net Proceeds 8,734.50
Fiduciary Acquisition Value -9,034.22 -299.72
01/31/2014 Sale shares PIMCO Low Duration
48.74300
Net Proceeds 504.00
Fiduciary Acquisition Value -518.39 -14.39
01/3112014 Sale shares Vanguard Short Term
53.02900
Net Proceeds 569.00
Fiduciary Acquisition Value -571,13 -2.13
05/27/2014 Sale shares Federated Total Return
2,69800
Net Proceeds 30.00
Fiduciary Acquisition Value -30.63 -0.63
05/27/2014 Sale shares Oppenheimer Senior Floating Rate
1,047.55000
Net Proceeds 8,778.47
Fiduciary Acquisition Value -8,799.50 -21.03
0512712014 Sale shares Vanguard Fixed Income
14.74000
Net Proceeds 394.00
Fiduciary Acquisition Value -424.88 -30.88
B-3
SCHEDULE B
GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL
Continued
Gain Loss
05/2712014 Sale shares Vanguard IT Investment
1.20700
Net Proceeds 12.00
Fiduciary Acquisition Value -12.24 -0.24
05/27/2014 Sale shares Vanguard/Wellesley Income
7.35900
Net Proceeds 459.00
Fiduciary Acquisition Value -447.8111.19
12122/2014 Sale share PIMCO Low Duration
0.86700
Net Proceeds 8.89
Fiduciary Acquisition Value -9,00 -0.11
12122/2014 Sale shares PIMCO Low Duration
2.42200
Net Proceeds 24.83
Fiduciary Acquisition Value -25.00 -0.17
12/22/2014 Sale share PIMCO Low Duration
0.09700
Net Proceeds 0.99
Fiduciary Acquisition Value -1,00 -0.01
12/22/2014 Sale shares PIMCO Low Duration
2,576.13000
Net Proceeds 26,405.33
Fiduciary Acquisition Value -27,392.76 -987.43
TOTAL GAINS AND LOSSES/PRINCIPAL 109.33
LESS LOSS -2,937.14
NET GAIN OR LOSS -2,827.81
B-4
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Fees
Trust Department Fes
08/06/2012 194.89
09/05/2012 208.33
10/04/2012 208.33
11/0612012 208.33
12/05/2012 208.33
011071201.3 208.33
02/0812013 208.33
03/08/2013 208.33
0410412013 208.33
05/06/2013 208.33
06/05/2013 208.33
07/0312013 208.33
0810612013 208.33
09/05/2013 208.33
10/04/2013 208.33
1110612.013 208.33
12105/2013 208.33
01/08/2014 208.33
02/07[2014 208.33
03/06/2014 208.33
04108/2014 208.33
05/0712014 208.33
06105/2014 208.33
07/09/2014 208.33
08/0812014 208.33
09/10/2014 208.33
10/09/2014 208.33
11/0612014 208.33
12/05/2014 208.33
6.028.13
Total Fees 6,028.13
C-1
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Continued
TOTAL DISBURSEMENTS OF PRINCIPAL 6,028.13
C-2
PRINCIPAL BALANCE ON HAND
Current Value Fiduciary
12131/2014 Acquisition
#Units Description or as Noted Value
Cates
Federated Money Market -14,062.37 -14,062.37
Total Cash -14,062.37 -14.062.37
Aqspt.q
45;762.52000 Federated Money Market 45,762.52
14,201.81400 Federated Total Return 37,263.13
2,271.26600 Fidelity Advisor 26,073.96
704.57300 PIMCO All Asset 8,916.00
10,206.90600 PIMCO Low Duration 415.99
4,270.45800 Vanguard Bond Index 77.99
6,499.34000 Vanguard Fixed Income 29,616.62
18,946.66600 Vanguard IT Investment 28,399.69
28,035.04900 Vanguard Short Term 14,764.63
1.438.63200 Vanguard)Wellesley Income 18,354.58
Total Assets 209,645.11
-14.062.37 195,582.74
PBOH-1
SCHEDULE E
PRINCIPAL INVESTMENTS MADE
#Units Cost
07/0912012 1;848.73900 Federated Income Fund 19,800.00
07/09/2012 2,191.30400 Federated Total Return 25,200.00
07/09/2012 8,181.81800 T Rowe Price Short Term Bond 39,600.00
07/09/2012 2,202.58300 Vanguard Inflation Protected 32,400.00
07109/2012 11402.14200 Vanguard IT Investment 14,400.00
07/09/2012 1,402.14200 Vanguard Short Term 14,400.00
07/09/2012 1,130.04500 Vanguard Total Bond Index 12,600.00
09/20/2012 27.61200 Federated Income Fund 296.00
09/2012012 66.86800 Federated Total Return 775.00
09/20/2012 89.30000 T Rowe Price Short Term Bond 434.00
09/20/2012 1,032.73400 Vanguard Bond Index 11,515.00
09/21/2012 778.00000 Federated Money Market 778.00
11/16/2012 40,114.92000 Federated Money Market 40,114.92
11/19/2012 3,777.96500 PIMCO Low Duration 40,197.55
12103/2012 14.58100 Federated Income Fund 155.00
12/0312012 17.35400 Federated Total Return 202.00
12/03/2012 29.20200 PIMCO Low Duration 311.00
12/0312012 8.31100 Vanguard Bond Index 93.00
12/0312012 8.40400 Vanguard Fixed Income 248.00
12/03/2012 10.38100 Vanguard IT Investment 109.00
12/03/2012 25.64300 Vanguard Short Term 279.00
12/14/2012 398.90000 Federated Money Market 398.90
12/20/2012 362.45000 Federated Money Market 362.45
1212612012 58.30000 Federated Money Market 58.30
12/31/2012 358.82000 Federated Money Market 358.82
01/02/2013 368.77000 Federated Money Market 368.77
02/25/2013 12.34600 Federated Income Fund 130.00
02/25/20.13 20.08800 Federated Total Return 228.00
02/25/2013 21.46900 PIMCO Low Duration 225.00
02/25/2013 53.13900 Vanguard Bond Index 584.00
02125/2013 32;11800 Vanguard Fixed Income 907.00
03/28/2013 101.20000 Federated Money Market 101.20
04103/2013 209.10000 Federated Money Market 209.10
04/24/2013 2.08700 Federated Income Fund 22.00
04/24/2013 2.53900 Federated Total Return 29.00
04/2412013 4.27800 PIMCO Low Duration 45,00
E-1
SCHEDULE E
PRINCIPAL INVESTMENTS MADE
Continued
#-Unms
Cost
04/2412013 1.17400 Vanguard Bond Index 13.00
04/24/2013 1,22800 Vanguard Fixed Income 35.00
04/2412013 1,46200 Vanguard IT Investment 15.00
04/2412013 3x69700 Vanguard Short Term 40.00
06/17/2013 1,648.47700 Federated Total Return 18,397.00
06/17/2013 1,1268.53100 Vanguard IT Investment 12,698.00
06/17/2013 286,15100 Vanguard/Wellesley Income 17,418.01
06118/2013 452.37000 Federated Money Market 452.37
07/30/2013 24.36400 Federated Total Return 268.00
0713012013 16.56400 PIMCO Low Duration 160.00
07130/2013 6.07700 Vanguard Fixed Income 160.00
07/30/2013 16.27700 Vanguard IT Investment 160.00
07/3012013 20.01900 Vanguard Short Term 214.00
07/30/2013 1,76300 Vanguard/Wellesley Income 107.00
08129/2013 2.84700 Federated Total Return 31.00
08/29/12013 1.85700 PIMCO Low Duration 19.00
08129/2013 0.72700 Vanguard Fixed Income 19.00
08129/2013 1.95700 Vanguard IT Investment 19.00
08/29/2013 2.34500 Vanguard Short Term 25.00
08129/2013 0.21800 Vanguard/Wellesley Income 112.99
1211212013 17.09000 Federated Money Market 17,09
12113/2013 11,03942100 Oppenheimer Senior Floating Rate 8,734.50
12119/2013 829.64000 Federated Money Market 829.64
12/3112013 1,48.94000 Federated Money Market 148.94
01/27/2014 15.13200 Federated Total Return 166.00
01/2712014 4.99400 Oppenheimer Senior Floating Rate 42.00
01/27/2014 12.18600 PIMCO Low Duration 126.00
0112712014 4.85700 Vanguard Fixed Income 125.99
01/2712014 12.87000 Vanguard IT Investment 126.00
0112712014 15.56400 Vanguard Short Term 167.00
01127/2014 1.40000 Vanguard/Wellesley Income $4.01
01/3112014 8.00000 Federated Money Market 8.00
0113112014 18.96100 Federated Total otal Return 208.00
01/31/2014 2.73500 Oppenheimer Senior Floating Rate 23.00
01./3112014 11.74000 Vanguard Fixed Income 305.01
0113112014 26.96600 Vanguard IT Investment 264.00
E-2
SCHEDULE E
PRINCIPAL INVESTMENTS MADE
Continued
#Units Cost
01/3112014 4.41000 Vanguard/Wellesley Income 265.00
04/01/2014 31.42000 Federated Money Market 31.42
05/27/2014 305.47000 Federated Money Market 305.47
05/27/2014 698.42000 PIMCO All Asset 8.842.00
05127/2014 20.11500 PIMCO Low Duration 209.00
05/27/2014 29.40600 Vanguard Short Term 317.00
06130/2014 11.00000 Federated Money Market 11.00
06/30/2014 0.23500 PIMCO All Asset 3.00
06/30/2014 0.86700 PIMCO Low Duration 9.00
06/3012014 0.33700 Vanguard Fixed Income 9.00
0613012014 0.90500 Vanguard IT Investment 9.00
06/3012014 1.02100 Vanguard Short Term 11.00
07/30/2014 0.18000 Federated Total Return 2.00
0713012014 0.09700 PIMCO Low Duration 1.00
07130/2014 0.03700 Vanguard Fixed Income 1.00
67/30/2014 0.10100 Vanguard IT Investment 1.00
07/30/2014 0,18600 Vanguard Short Term 2.00
07/30/2014 0.01600 Vanguard/Wellesley income 1.00
09/26/2014 3.07400 Federated Total Return .34.00
09126/2014 0.64600 PIMCO All Asset 8.60
09126/2014 2.42200 PIMCO Low Duration 25.00
09126/2014 0.95100 Vanguard Fixed Income 25.00
09126/2014 2.53000 Vanguard IT Investment 25.00
09/26/2014 3.17200 Vanguard Short Term 34.00
12/18/2014 603.66000 Federated Money Market 603.66
12122/2014 554.08000 Federated Money Market 554.08
12/22/2014 2,254.87500 Fidelity Advisor 25,885.96
12/29/2014 31.12000 Federated Money Market 31.12
12/3012014 22.71500 Federated Total Return 251.00
12/30/2014 16.39100 Fidelity Advisor 188.00
12/30/2014 5.27200 PIMCO All Asset 63.00
1213012014 7:29800 Vanguard Fixed Income 188.00
1213012014 19.14500 Vanguard IT Investment 188.00
12130'/2014 23.66200 Vanguard Short Term 252.00
1213012014 2.02500 Vanguard/Wellesley Income 126.00
12/31/2014 19.27000 Federated Money Market 19.27
E-3
SCHEDULE.E
PRINCIPAL INVESTMENTS MADE
Continued
Qnit cost
Total 358,104.54
E-4
SCHEDULE F
CHANGES IN PRINCIPAL HOLDINGS
#units cost
Federated Income Fund
07/09/2012 1,848.73900 Purchased 19,800.00
09/20/2012 27.61200 Purchased 296.00
12/03/2012 14.58100 Purchased 155.00
02/25/2013 12:34600 Purchased 130.00
04/2412013 2.08700 Purchased 22.00
06117/2013 -1,905.36500 Sale -20,403.00
0.00000 0.00
Federated Money Market
09/21/2012 778.00000 Purchased 778.00
11/1612012 40,114.92000 Purchased 40,114.92
12/14/2012 398.90000 Purchased 398.90
12/20/2012 362.45000 Purchased 362.45
12/26/2012 58.30000 Purchased 58.30
12/31/2012 358.82000 Purchased 358.82
01102/2013 368.77000 Purchased 368.77
03/28/2013 101.20000 Purchased 101.20
04/03/2013 209.10000 Purchased 209.10
06118/2013 452.37000 Purchased 452.37
12/12/2013 17.09000 Purchased 17.09
12/19/2013 829.64000 Purchased 829.64
12/31/2013 148.94000 Purchased 148.94
01/31/2014 8.00000 Purchased 8.00
04/01/2014 31.42000 Purchased 31.42
05/27/2014 305.4.7000 Purchased 305.47
06130/2014 11.00000 Purchased 11.00
12/18/2014 603.66000 Purchased 603.66
12/22/2014 554,08000 Purchased 554.08
12/29/2014 31.12000 Purchased 31.12
12131/2.014 19.27000 Purchased 19.27
45,762.52000 45,762.52
F-1
SCHEDULE
CHANGES IN PRINCIPAL HOLDINGS
Continued
#Un its ost
Federated Total Return
07109/2012 2,191.30400 Purchased 25,200.00
0912012012 66.86800 Purchased 775.00
12/03/2012 17*35400 Purchased 202.00
01/0212013 21275-52600 Subsequent Principal Receipt 49.57
01102/2013 2.275.52600 Subsequent Principal Receipt 318.20
02/25/2013 20-08800 Purchased 228.00
0412412013 2.53900 Purchased MOO
0611712013 1,648.47700 Purchased 18,397.00
07130/2013 24.36400 Purchased 268.00
08/29/2013 2.84700 Purchased 31.00
12/1312013 -795.49200 Sale -9.034.22
12/31/2013 3,178.34900 Subsequent Principal Receipt 148.94
01/2712014 16.13200 Purchased 166.00
01/3112014 18.96100 Purchased 208.00
06127/2014 -2.69800 Sale -30.63
07130/2014 0.18000 Purchased 2,00
0912612014 3.07400 Purchased 34.00
12130/2014 22,71500 Purchased 251.00
12/3112014 3,236-70000 Subsequent Principal Receipt 19.27
14.201.81400 37.263.13
Fidelity Advisor
12/2212014 2,254.87500 Purchased 25,885.96
1213012014 16.39100 Purchased 188.00
2,271.26600 26,073.96
Oppenheimer Senior Floating Rate
12/13/2013 1,039.82100 Purchased 8,734.50
01/27/2014 4.99400 Purchased 42,00
01131/2014 2.73500 Purchased 23.00
05/27/2014 -1,047.55000 Sale -8,799.50
0100000 0.00
F-2
SCHEDULE F
CHANGES IN PRINCIPAL HOLDINGS
Continued
# nits cost
PIMCO All Asset
05/27/2014 698.42000 Purchased 8,842.00
06130/2014 0.23500 Purchased 3.00
0912612014 0.64600 Purchased 8.00
1213012014 5.27200 Purchased 63.00
704.57300 8,916.00
PIMCQ Low Duration
11/19/2012 3,777.96500 Purchased 40,197.55
12/0312012 29.20200 Purchased 311.00
12/14/2012 3.807.16700 Subsequent Principal Receipt 329.27
1211412012 3.807.16700 Subsequent Principal Receipt 69.63
02125/2013 21.46900 Purchased 225,00
0412412013 4.27800 Purchased 45.00
0611712013 -1,257.76300 Sale -13,381.40
0713012013 15.56400 Purchased 160.00
08/2912013 1.85700 Purchased 19.00
12112/2013 2,592.57200 Subsequent Principal Receipt 17.09
0112712014 12.18600 Purchased 126.00
01/31/2014 -48.74300 Sale -518.39
05/2712014 20.11,500 Purchased 209.00
0613012014 0.86700 Purchased 9.00
07/30/2014 0.09700 Purchased 1.00
09/26/2014 2.42200 Purchased 25.00
12/2212014 -0.86700 Sale -9.00
12/22/2014 -2.42200 Sale -25.00
12/2212014 -0.09700 Sale -1.00
12/22/2014 -2,576.13000 Sale -27,392.76
10.206.90600 415.99
T Rowe Price Short Term Bond
07/09/2012 8,181.81800 Purchased 39,600.00
09/2012012 89.30000 Purchased, 434.00
11/1612012 -8,271.11800 Sale -40,034.00
F-3
SCHEDULEF
CHANGES IN PRINCIPAL HOLDINGS
Continued
#Units 9-0-S t,
0.00000 0.00
Vanguard Bond Index
09/20/2012 1,032.73400 Purchased 11,516.00
1210312012 8.31100 Purchased 93.00
12126/2012 1,041,04500 Subsequent Principal Receipt 22M
12126/2012 1,041.04500 Subsequent Principal Receipt 35.40
0212512013 63.13900 Purchased 584.00
04103/2013 1,094.18400 Subsequent Principal Receipt 1.09
04103/2013 1,094.18400 Subsequent Principal Receipt 18.60
04124/2013 1.17400 Purchased 13.00
06/1712013 -1,095.35800 Sale -12,205.00
4,270.45800 77.99
Vanguard-Fixed lncgm
09114/2012 1,120.91700 Exchange 32,400.00
0912012012 -24.30900 Sale -702.65
12103/2012 8.40400 Purchased 248.00
12/2012012 1,105.01200 Subsequent Principal Receipt 56.36
12/20/2012 1105.01200 Subsequent Principal Receipt 306.09
02/2512013 32.11800 Purchased 907.00
03/28/2013 1,137:13000 Subsequent Principal Receipt 6.82
03128/2013 11137.13000 Subsequent Principal Receipt 94.313
04124/2013 1.22800 Purchased 35.00
0611712013 -144.4000 Sale -4,173;62
07/3012013 6.07700 Purchased 160,00
08129/2013 0.72700 Purchased 19.00
01/27/2014 4,85700 Purchased 126.99
01131/2014 11.74000 Purchased 305.01
05/2712014 -14.74000 Sale -424.88
0613012014 0.33700 Purchased 9,00
07/3012014 0.03700 Purchased 1.00
09/2612014 0.95100 Purchased 25.00
1212912014 1,003.87900 Subsequent Principal Receipt 31.12
12130/2014 7.29800 Purchased 188.00
F-4
SCHEDULE F
CHANGES IN PRINCIPAL HOLDINGS
Continued
# Unitscost
6,499:34000 29,616.62
Vanguard Inflation Protected
07109/2012 2,202,58300 Purchased 32,400.00
09114/2012 -2,202.58300 Exchange -32,400.00
0.00000 0.00
Vanguard IT Investment
07/09/2012 1,402.14200 Purchased 14,400.00
09120/2012 -43.17300 Sale 443.39
1210312012 10.38100 Purchased 109.00
12/3112012 1,369.35000 Subsequent Principal Receipt 43.82
12/3112012 1,369.35000 Subsequent Principal Receipt 160.21
0212512013 -0.58500 Sale -6.01
04/0212093 1,368.76500 Subsequent Principal Receipt 46.41
0410212013 1,368.76500 Subsequent Principal Receipt 99.82
04/2412013 1.46200 Purchased 15.00
06/17/2013 1,268.53100 Purchased 12,698.00
0713012013 16.27700 Purchased 160.00
0812912013 1.95700 Purchased 19.00
12118/2013 2,656.99200 Subsequent Principal Receipt 292.27
01/27/2014 12.87000 Purchased 126.00
01/3112014 26.96600 Purchased 264.00
04/01/2014 2,696.82800 Subsequent Principal Receipt 21.57
05/2712014 -1.20700 Sale -12.24
0613012014 0.90500 Purchased 9.00
07/3012014 0,10100 Purchased 1.00
09/26/2014 2.53000 Purchased 25.00
12/1812014 2,699.15700 Subsequent Principal Receipt 32.39
12/1812014 2,699.15700 Subsequent Principal Receipt 180.84
12/30/2014 19.14500 Purchased 188.00
18,946.66600 28,399.69
F-5
SCHEDULE
CHANGES IN PRINCIPAL HOLDINGS
Continued
#Units C-QS-t
Vanguard Short Term
07/09/2012 1,402.14200 Purchased 14,400.00
09/20/2012 -3.41000 Sale -36.73
12103/2012 25.64300 Purchased 279.00
12/31/2012 3,364.86100 Subsequent Principal Receipt 47.11
12131/2012 3,364.85100 Subsequent Principal Receipt 107.68
02/25/2013 -33.70300 Sale -363.01
04/0212013 3,331.14800 Subsequent Principal Receipt 56.55
04/02/2013 3,331.14800 Subsequent Principal Receipt 16,63
04124/2013 3.69700 Purchased 40.00
06/1712013 -35.53500 Sale -382.74
0713012013 20.01900 Purchased 214.00
08/29/2013 2.34600 Purchased 25.00
1211812013 3,321.67400 Subsequent Principal Receipt 63.11
01/2712014 15.56400 Purchased 167.00
01/3112014 -53.02900 Sale -571.13
04101/2014 3,284.20900 Subsequent Principal Receipt 9.85
05/2712014 29.40600 Purchased 317.00
06/30/2014 1.02100 Purchased 11.00
07/3012014 0.18600 Purchased 2.00
09126/2014 3.17200 Purchased 34.00
12/18/2014 3,317.99400 Subsequent Principal Receipt 43.13
1211812014 3,317.99400 Subsequent Principal Receipt 33.18
12/30/2014 23.66200 Purchased 262.00
28,035,04900 14.76463
Vanguard Total Bond Ingle
07/09/2012 1.130.04500 Purchased 12,600.00
09/2012012 -1.130.04500 Sale -12,600.00
0.00000 0.00
Vanguard/Wellesley Income
06117/2013 286,15100 Purchased 17,418.01
07/3012013 1.76300 Purchased 107.00
F-6
SCHEDULEF
CHANGES IN PRINCIPAL HOLDINGS
Continued
# units cost
08/29/2013 0.21800 Purchased 12.99
12/18/2013 288.13200 Subsequent Principal Receipt. 32.27
12/18/2013 288.13200 Subsequent Principal Receipt 441.99
0112712014 1.40000 Purchased 84.01
01/3112014 4.41000 Purchased 265.00
05/27/2014 -7.35900 Sale -447.81
07130/2014 0.01600 Purchased 1.00
12118/2014 286.87200 Subsequent Principal Receipt 16.06
12/18/2014 286.87200 Subsequent Principal Receipt 298.06
12130/2014 2.02500 Purchased 126.00
1,438.63200 18,364.58
Total 209,645.11
F-7
t
SCHEDULE G
RECEIPTS OF INCOME
_Died
Dividends Received
12/31/2012 713/2012-12/31/2012 2,334.29
12131/2013 11'1/2013-1213112013 4,533.50
12131/2014 1/1/2014-12/31/2014 5,046.07
11,913.86
TOTAL DIVIDEND INCOME 11,913.86
TOTAL RECEIPTS OF INCOME 11.913.86
G-1
. • I a l p 1 I 1 Y
INCOME BALANCE ON HAND
Current Value Fiduciary
92/31/2094 Acquisition
#Units Description or as Noted Value
Federated Money Market 510.69 510.68
Total Cash 510.69 610.69
A-.qt3tS
11,388.17000 Federated Money Market 11,386.17
0.27300 Vanguard/Wellesley Income 17.00
Total Assets 11,403.17
510.68 11,913.86
1BOH-9
SCHEDULE K
INCOME INVESTMENTS MADE
Unit s cos
08/02/2012 109.87000 Federated Money Market 109.87
08/03/2012 139.62000 Federated Money Market 139.62
0910512012 140.24000 Federated Money Market 140.24
09/07/2012 68.51000 Federated Money Market 68.51
09/21/2012 15.72000 Federated Money Market 15.72
10/01/2012 144.75000 Federated Money Market 144.75
10102/2012 116.73000 Federated Money Market 116.73
10/03/2012 117.30000 Federated Money Market 117.30
10/04/2012 57.30000 Federated Money Market 57.30
11/07/2012 120.16000 Federated Money Market 120.16
12/0612012 119.16000 Federated Money Market 119.16
12/27/2012 521.60000 Federated Money Market 521.60
01/0212013 132.76000 Federated Money Market 13276
01/03/2013 144.23000 Federated Money Market 144.23
01/04/2013 208.08000 Federated Money Market 206.08
0210412013 287.77400 Federated Money Market 287.77
03/6412013 275:66000 Federated Money Market 275.66
03/2812013 15.92000 Federated Money.Market 15.92
04/02/2013 307.64000 Federated Money Market 307.64
05/02/2013 320.25000 Federated Money Market 320.25
06/04/2013 293.23000 Federated Money,Market 293.23
06/28/2013 186.09000 Federated Money Market 186.09
07/02/2013 275.63000 Federated Money Market 275.63
0810212013 127.08000 Federated Money.Market 127.08
08/05/2013 171.17000 Federated Money Market 171.17
09/04/2013 301.32000 Federated Money Market 301.32
09/2712013 318.08000 Federated Money Market 318.08
10/0212013 129.59000 Federated Money Market 129:59
1,0/0312013 161.64000 Federated Money Market 161.64
11/0412013 308.09000 Federated Money Market 308.09
12/0312013 133.24000 Federated Money Market 133.24
12/04/2013 169.25000 Federated Money Market 169.25
12119/2013 147.81000 Federated Money Market 147.81
12/27/2013 218.15000 Federated Money Market 218.15
12/31/2013 35.58000 Federated Money Market 35.58
01/03/2014 294.85000 Federated Money Market 294.85
K-1
SCHEDULE K
INCOME INVESTMENTS MADE
Continued
Units Cost
02105/2014 316.79000 Federated Money Market 316.79
02/0612014 39.89000 Federated Money Market 39.89
03104/2014 49.80000 Federated Money Market 49.80
03/0512014 208.33000 Federated Money Market 208.33
03/31/2014 177.07000 Federated Money Market 177.07
04102/2014 284.38000 Federated Money Market 284.38
04/03/2014 31.11000 Federated Money Market 31.11
05/0212014 0.38000 Federated Money Market 0.38
05105/2014 312.48000 Federated Money Market 312.48
06/0312014 317.03000 Federated Money Market 317.03
06/20/2014 63.28000 Federated Money Market 63.28
06123/2014 362.28000 Federated Money Market 362.28
07/02/2014 0.40000 Federated Money Market 0.40
07/03/2014 271.44000 Federated Money Market 271.44
08/0412014 281.29000 Federated Money Market 281,29
09/03/2014 278.95000 Federated Money Market 278.95
09119/2094 72.86000 Federated Money Market 72.86
09/2212014 131.26000 Federated Money Market 131.26
09/26/2014 0,27300 Vanguard/Wellesley Income 17.00
10102/2014 262.39000 Federated Money Market 262.39
11/04/2014 265.13000 Federated Money Market 265.13
12/0212014 111.06000 Federated Money Market 111.06
12/04/2014 159.76000 Federated Money Market 159.76
12/1812014 156.06000 Federated Money Market 156.06
12129/2014 333.29000 Federated Money Market 333.29
12131/2014 267.39000 Federated Money Market 267:39
Total 11,403.17
K-2
SCHEDULE L
CHANGES IN HOLDINGS - INCOME
#Units cost
Federated Money Market
08/02/2012 109.87000 Purchased 109.87
08103/2012 139.62000 Purchased 139.62
09/05/2012 140.24000 Purchased 140.24
09107/2012 68.51000 Purchased 68.51
09/21/2012 15.72000 Purchased 15.72
10/01/2012 144.75000 Purchased 144.75
10/0212012 116.73000 Purchased 116.73
10/03/2012 117.30000 Purchased 117.30
10/04/2012 57.30000 Purchased 57.30
11/07/2012 120.16000 Purchased 120.16
12/06/2012 119.16000 Purchased 119.16
12127/2012 521.60000 Purchased 521.60
01/02/2013 132.76000 Purchased 132.76
0110312013 144.23000 Purchased 144.23
01104/2013 208.08000 Purchased 206.08
02/04/2013 287.77000 Purchased 287.77
03/04/2013 275.66000 Purchased 275.66
0312812013 15.92000 Purchased 15.92
04/021201.3 307.64000 Purchased 307.64
05/0212013 320.25000 Purchased 320.25
06/04/2013 293.23000 Purchased 293.23
06/28/2013 186.09000 Purchased 186.09
07/02/2013 275.63000 Purchased 275.63
08/02/2013 127.08000 Purchased 127.08
08/05/2013 171.17000 Purchased 171.17
09/0412013 301.32000 Purchased 301.32
09127/2013 318.08000 Purchased 318.08
10/02/2013 129.59000 Purchased 129.59
10/03/2013 161.64000 Purchased 161.64
11104/2013 308.09000 Purchased 308.09
12103/2013 133.24000 Purchased 133.24
12/04/2013 169.25000 Purchased 169.25
12/19/2013 147.81000 Purchased 147.81
1212712013 218.15000 Purchased 218.15
12131/2013 35.58000 Purchased 35.58
L-1
SCHEDULE L
CHANGES IN HOLDINGS - INCOME
Continued
Unit s cos
61/03/2014 294.85000 Purchased 294.85
02/05/2014 316.79000 Purchased 316.79
02106/2014 39.89000 Purchased 39.89
03/04/2014 49.80000 Purchased 49.80
03105/2014 208.33000 Purchased 208.33
03/31/2014 177.07000 Purchased 177.07
04/02/2014 284.38000 Purchased 284.38
04/03/2014 31.11000 Purchased 31.11
05/02/2014 0.38000 Purchased 0.38
05/05/2014 312.48000 Purchased 312.48
06103/2014 317.03000 Purchased 317.03
06/2012014 63.28000 Purchased 63.28
06/2312.0.14 362.28000 Purchased 362.28
0710212014 0.40000 Purchased 0.40
07/0312014 271.44000 Purchased 271,44
08/04/2014 281.29000 Purchased 281,29
0910312014 278.95000 Purchased 278.95
09/19/2014 72.86000 Purchased 72.86
09/22/2014 131.26000 Purchased 131.26
10/02/2014 262.39000 Purchased 262.39
11/04/2014 265.13000 Purchased 265.13
12102/2014 111.06000 Purchased 111.06
12/0412014 159.76000 Purchased 159,76
12/18/2014 156.06000 Purchased 156.06
12/2912014 333.29000 Purchased 333.29
12/3112014 267.39000 Purchased 267.39
11.388.17000 11,386.17
Vanguard/Wellesley Income
09/2612014 0.27300 Purchased 17.00
0.27300 17.00
Total 11,403.17
L-2
COMBINED BALANCE ON HAND
Current Value Fiduciary
12/31120114 Acquisition
#Units Description or as Noted Value
CAsb
Federated Money Market -13.551.68 -11561.68
Total Cash -13,551.68 -13,551.68
Assets
57,150.69000 Federated Money Market 57,148.69
14,201.81400 Federated Total Return 37.263.13
2,271.26600 Fidelity Advisor 26,073.96
704.57300 PIMCO All Asset 8,916.00
10,206.90600 PIMCO Low Duration 415.99
4,270.45800 Vanguard Bond Index 77.99
6,499.34000 Vanguard Fixed Income 29:616.62
18,946.66600 Vanguard IT Investment 28,399.69
28,036.04900 Vanguard Short Term 14,764.63
1.438.90500 Vanguard/Wellesley Income 18,371.58
Total Assets 221,048.28
-13,551.68 207,496.60
CBOH-1
3 ,
In the Court of Common Pleas of County, Pennsylvania
Orphans' Court Division
File No.
Grantham Memorial Park Association
_ Signature
GRA't�THAM MEMORIAL PARK ASSOCIATION
By: JA1' d4?�ue- Treasurer
G antham Memorial Park Association,Qualified
Trustee
VERIFICATION
SUSAN RUSSELL, Vice President and Manager of Fiduciary Services of Orrstown
Bank, a Pennsylvania banking company, hereby verifies that said Bank serves as investment
manager of the Perpetual Care Fund of Grantham Memorial Park Association, and further
verifies that said Bank has caused the funds delivered to it by the Association to be duly invested
as set forth in the foregoing Accounting, and, further that said Bank's management of said funds
is set forth in detail in said Accounting, and, that the facts of said Accounting within her personal
knowledge are true and correct, and as to facts based on information of others, after diligent
inquiry, she believes them to be true and correct.
This statement is made subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to
unsworn falsification to authorities.
ORRSTOWN BANK
Bye,`
Susan Russell
Vice President and Manager of
Fiduciary Services
Dated: January , 2015
VERIFICATION
FREDERICK K. BARR, Treasurer of Grantham Memorial Park Association, a non-profit
corporation under the laws of the Commonwealth of Pennsylvania, said corporation being the
qualified trustee of the corporation's perpetual care fund, hereby declares and verifies that said
Trustee has fully and faithfully discharged the duties of its office; that the facts set forth in the
foregoing First and Partial Account within his personal knowledge are true and correct and as to
facts based on information of others, after diligent inquiry, he believes them to be true and
correct; the Account fully discloses all significant transactions occurring during the accounting
period; that all known claims against the Trust have been paid in full; and that, to his knowledge,
there are no claims now outstanding against the Trust.
This statement is made subject to the penalties of 1.8 Pa. C.S.A. Section 4904 relating to
unsworn falsification to authorities.
Frederick K. Barr
Treasurer
Dated: Z6, 2015