| Fund Name | Invested Amount | Money Removed | Mkt Value | Potential Worth | Actual Growth | |
| Principal | Home & Missions | 12/31/2007 | (MR + MV) | (PW - IA) | ||
| Hildebrandt Fund (W & R) | $105,000.00 | $110,365.18 | $81,833.78 | $192,198.96 | $87,198.96 | |
| Endowment Fund (W & R) | $253,655.22 | $54,300.95 | $593,490.56 | $647,791.51 | $394,136.29 | |
| Total as of 12/31/2007 | $358,655.22 | $164,666.13 | $675,324.34 | $839,990.47 | $481,335.25 | |
| Comparison | Market Value | Loss or Gain | Balance in Money Market Fund is $4,818.87 | |||
| 9/30/2007 | 4th Quarter 2007 | Amount invested in CD's is $13,442.00 | ||||
| Hildebrandt Fund (W & R) | $81,497.92 | $335.86 | #Transfered $12,440.91 to Cemetery MMF | |||
| Endowment Fund (W & R) | $572,614.84 | $20,875.72 | %Cemetery CD's is $60,000.00 | |||
| Total | $654,112.76 | $21,211.58 | W & R Cash Management Fund $301.49 | |||
| *No Money was removed from Endowment Fund this quarter. | ||||||
| *Money removed from Hildebrandt Fund $1,915.03 this quarter to General Fund. | ||||||
| #New Cemetery Money Market Started 10/25/07 balance on hand 12/31/07 $13,891.54 | ||||||
| %Cemetery now has two CD's ($50,000.00 matures 9/17/08 and $10,000.00 matures 7/26/08) Will be combined into one CD. | ||||||
| Total in Money Market, CD's and Investments as of 12/31/07 is $693,886.70 (Does not include Cemetery) | ||||||
| Fund History* | Mkt Value | Mkt Value | Mkt Value | Mkt Value | Mkt Value | Mkt Value |
| 1/1/1998 | 1/1/1999 | 1/1/2000 | 1/1/2001 | 1/1/2002 | 1/1/2003 | |
| Fidelity Growth & Income | $90,992.93 | $121,616.87 | $137,544.29 | $131,036.84 | $118,786.16 | $97,315.47 |
| Vanguard Wellington Adm | $91,334.26 | $106,871.22 | $114,652.08 | $118,781.99 | $118,655.69 | $106,491.35 |
| Waddell & Reed Core Inc | $78,437.75 | $99,300.94 | $118,406.01 | $120,392.57 | $109,891.39 | $85,739.03 |
| Total | $260,764.94 | $327,789.03 | $370,602.38 | $370,211.40 | $347,333.24 | $289,545.85 |
| *These are the three funds The Endowment Fund uses for Distributions for Home and General Mission Projects, | ||||||
| if annual income is sufficient. | ||||||
| Mkt Value of the three funds for 1/1/2004 would be $378,995.39. | Mkt Value of the ENDOWMENT Fund for 1/1/2008 | |||||
| Mkt Value of the three funds for 1/1/2005 would be $418,529.05 | would be $593,490.56 | |||||
| Mkt Value of the three funds for 1/1/2006 would be $443,024.10 | ||||||
| Mkt Value of the ENDOWMENT Fund for 1/1/2007 would be $511,831.54 | ||||||
| Funds in the Endowment Fund | ||||||
| 12/31/2007 | 5/06 | 12/31/2007 | ||||
| Shares | Initial Investment | Money Added | Money Removed | Market Value | ||
| Ivy Pacific Opportunities | 1,921.369 | $24,243.02 | $0.00 | $0.00 | $41,789.78 | |
| W & R Advisors Global Bond | 9,348.757 | $33,940.24 | $0.00 | $1,357.96 | $36,273.18 | |
| Ivy Mortagage Securities | 3,491.019 | $33,940.24 | $0.00 | $0.00 | $35,922.59 | |
| W & R Adv. New Concepts | 3,491.247 | $33,940.24 | $0.00 | $0.00 | $40,917.41 | |
| Ivy Global Natural Resources | 1,332.696 | $33,940.24 | $0.00 | $0.00 | $51,988.47 | |
| W & R Adv High Income | 7,367.123 | $48,486.05 | $0.00 | $0.00 | $52,085.56 | |
| W & R Adv Core Investment | 9,521.043 | $48,486.03 | $0.00 | $0.00 | $59,506.52 | |
| W & R Adv Div Income | 4,139.538 | $58,183.26 | $0.00 | $0.00 | $72,607.50 | |
| Ivy Cundill Global Value | 4,613.538 | $77,729.07 | $0.00 | $11,000.00 | $65,008.17 | |
| W & R Adv Asset Strat | 10,809.707 | $96,972.10 | $0.00 | $4,000.00 | $137,391.38 | |
| $489,860.49 | $0.00 | $16,357.96 | $593,490.56 | |||
| Funds in the Hildebrandt Fund | 12/31/2007 | |||||
| Shares 12/31/07 | In Inv 5/2006 | Money Added | Money Removed | Market Value | ||
| Ivy Pacific Opportunities | 237.521 | $3,678.75 | $0.00 | $1,000.00 | $5,166.08 | |
| W & R Adv Global Bond | 1,432.706 | $5,150.26 | $0.00 | $137.33 | $5,558.90 | |
| Ivy Mortgage Securities Income | 488.958 | $5,150.26 | $0.00 | $384.80 | $5,031.38 | |
| W & R Adv New Concepts | 529.664 | $5,150.26 | $0.00 | $0.00 | $6,207.66 | |
| Ivy Global Natural Resources | 170.139 | $5,150.26 | $0.00 | $1,000.00 | $6,637.12 | |
| W & R Adv High Income | 1,038.548 | $7,357.51 | $0.00 | $500.00 | $7,342.53 | |
| W & R Adv Core Investment | 1,441.944 | $7,357.51 | $0.00 | $0.00 | $9,012.15 | |
| W & R Adv Div Income | 564.221 | $8,829.01 | $0.00 | $1,000.00 | $9,896.44 | |
| Ivy Cundill Global Value | 588.560 | $11,036.26 | $0.00 | $3,241.42 | $8,292.81 | |
| W & R Adv Asset Strat | 1,470.394 | $14,715.01 | $0.00 | $2,150.00 | $18,688.71 | |
| $73,575.09 | $0.00 | $9,413.55 | $81,833.78 | |||
| In The Hildebrandt Fund there is a Cash Management Account | ||||||
| The Initial Amount put into the Cash Management Acct was | $6,000.00 | |||||
| The present balance in the Cash Management Acct is(12/31/2007) | $301.49 | |||||