national garden clubs, inc....national garden clubs, inc. june 30, 2020 monthly financial overview...

National Garden Clubs, Inc.June 30, 2020

Monthly Financial Overview

General Fund June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 297,597 301,371 3,774 1.27%Total 297,597 301,371 3,774 1.27%

NGC Endowment June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 375,984 385,679 9,695Total 375,984 385,679 9,695 2.58%

PH&E June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 7,057,757 7,239,781 182,024Total 7,057,757 7,239,781 182,024 2.58%

Deen Day Sanders Fund June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 556,230 569,910 13,680Total 556,230 569,910 13,680 2.19%

June M Kummer Fund June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 2,196,080 2,252,765 56,685Total 2,196,080 2,252,765 56,685 2.58%

Scholarship Fund June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 4,817,905 4,942,134 124,229Total 4,817,905 4,942,134 124,229 2.58%

Wildflower Fund June 1, 2020 June 30, 2020 Change In ValueVanguard Investment 4,443,576 4,558,147 114,571Total 4,443,576 4,558,147 114,571 2.58%

Total of Funds 19,745,129 20,249,787 504,658 2.56%

Member Services Income For June 2020

Income Cost of Sales Gross Profit Jun-20Month YTD Budget Month YTD Budget Month YTD YTD

BOOKS 552 552 50,000 278 278 22,485 274 274 1,486

CALENDARS 3,521 3,521 36,000 2,459 2,459 26,074 1,062 1,062 887

JEWELRY 264 264 9,000 158 158 6,340 106 106 55

NCP 40 40 3,000 6 6 109 34 34 89

SLIDES 0 0 0 0 0 0 0 0 0

PROGRAM PLANS 0 0 500 0 0 45 0 0 84

RIBBONS 118 118 45,000 62 62 22,114 55 55 1,522

ORNAMENT 0 0 0 0 0 0 0 0 0

GARDEN CART 70 70 6,000 44 44 5,659 26 26 93

EDUCATIONAL TOOLS 0 0 2,500 0 0 121 0 0 107

Total 4,565 4,565 152,000 3,007 3,007 82,947 1,558 1,558 4,323

Monetary ReceiptsClub Name Name Date Received AmountState

Affiliates6/1/2020 560.00TXNA LUCAS PONCE

6/8/2020 35.00FL294 ANNA VEJARANO

6/29/2020 245.00NYNA MARIA GAUDALPE GOMEZ

840.00

Jr Dues6/29/2020 10.00KYGARDEN CLUB OF KENTUCKY INC JAN WORTH

10.00

State Dues6/1/2020 4.00SDSD FEDERATION OF GARDEN CLU LINDA MORTIMORE

6/1/2020 160.00SDSD FEDERATION OF GARDEN CLU LINDA MORTIMORE

6/8/2020 180.00KSKANSAS ASSOCIATED GARDEN CL ANDREA S

6/18/2020 69.00FLBOCA RATON GARDEN CLUB GRACE JOHNSON

6/29/2020 7.00KYGARDEN CLUB OF KENTUCKY JAN WORTH

6/29/2020 1,052.00KYGARDEN CLUB OF KENTUCKY INC JAN WORTH

1,472.00

Natural Disasters6/1/2020 50.00MDHILL & STREAM GARDEN CLUB REBECCA MARTIN

6/11/2020 100.00CAWALNUT CREEK GARDEN CLUB JAN HOWARD

6/18/2020 512.50MSTHE GARDEN CLUBS OF MS INC ANN GODWIN

6/18/2020 550.00WAWASHINGTON STATE FEDERATIO G BAULLINGER

6/18/2020 310.00FLFLORIDA FEDERATION OF GARDE JANA WALLING

6/24/2020 2,753.96PAGARDEN CLUB FEDERATION OF PE JOYCE MILBERG

4,276.46

Penny Pines6/1/2020 136.00WAPORT ANGELES GARDEN CLUB BEVERLY DAWSON

6/1/2020 68.00ILMARION GARDEN CLUB SHEILA DINGRANDO

6/1/2020 1,020.00ORTHE OREGON STATE FEDERATION MARGARET TAYLOR

6/1/2020 272.00MAGARDEN CLUB FEDERATION OF M

6/1/2020 136.00MTMONTANA FEDERATION OF GARD GLENNA WALTEE

6/1/2020 136.00CAMISSION HILLS GARDEN CLUB

6/5/2020 68.00VASOUTH BOSTON GARDEN CLUB BETTY CALDWELL

6/5/2020 68.00VAMADISON GARDEN CLUB MARTY TAYLOR

6/8/2020 136.00FLBROOKSVILLE GARDEN CLUB RONETTE SNYDER

6/8/2020 68.00ORMT. HOOD DISTRICT GARDEN CLU MARGARET TAYLOR

6/8/2020 68.00WADESIGNING WOMEN JUDY BOXX

6/8/2020 68.00MDHILL & STREAM GARDEN CLUB REBECCA MARTIN

Page 1 of 3

Club Name Name Date Received AmountState

6/8/2020 68.00INHENDRICKS COUNTY GARDEN CL HELEN CORBITT

6/8/2020 136.00VAMONETA GARDEN CLUB MARTY BOWERS

6/8/2020 68.00VASEASONS IV GARDEN CLUB BRENDA DAVIS

6/18/2020 816.00MSTHE GARDEN CLUBS OF MS INC ANN GODWIN

6/18/2020 68.00NHMOUNTAIN GARDEN CLUB KATHY KOZIELL

6/18/2020 68.00MDCROFTON GREENERY GARDEN CL MAUREEN DONOVAN

6/18/2020 68.00PANORRISTOWN GARDEN CLUB ROSEMARIE HARDY

6/18/2020 68.00VACOLONIAL HERITAGE GARDEN CL LINNEA CUIRKO

6/18/2020 1,088.00FLFLORIDA FEDERATION OF GARDE JANA WALLING

6/19/2020 68.00MDMT WASHINGTON GARDEN CLUB TANYA SPEDALERE

6/24/2020 68.00NMUPTOWN GARDEN CLUB SUZY ANDREGO

6/24/2020 68.00CTGARDEN CLUB OF AVON GENEVIEVE CLARK

6/24/2020 68.00VASMITH MOUNTAIN LAKE GARDEN LINDA THRELKY

6/26/2020 204.00COMANITOU SPRINGS GARDEN CLU MARY ELLEN MONTGOMERY

6/29/2020 204.00ORMEDFORD GC EILEEN PIKER

6/29/2020 68.00VAMAUD CLEMENT GC BONNIE DAWSON

6/29/2020 68.00VANA SHELIA EPSTEIN

6/29/2020 68.00VANA SHELIA EPSTEIN

6/29/2020 68.00FLLAKEWOOD RANCH GC JUDY SHERPA

6/29/2020 272.00MAGARDEN CLUB FEDERATION OF M A W

5,916.00

Plant America6/18/2020 33.45FLFLORIDA FEDERATION OF GARDE JANA WALLING

6/24/2020 50.00VAAYR HILL GARCEN CLUB JENNIFER FRANCOIS

83.45

Running Waters Project6/1/2020 25.00ILMARION GARDEN CLUB LYNN LOVE

6/18/2020 710.24FLFLORIDA FEDERATION OF GARDE JANA WALLING

735.24

Awards6/8/2020 100.00ARARKANSAS FEDERATION OF GRDE BOBBIE VERSER

100.00

Deen Day Sanders Dividend6/5/2020 49.17PAVANGUARD

6/5/2020 137.62PAVANGUARD




6/26/2020 681.34PAVANGUARD

Page 2 of 3

Club Name Name Date Received AmountState

6/29/2020 451.85PAVANGUARD

1,485.00

IBM Dividend6/11/2020 68.46MAIBM

68.46

Life Membership6/5/2020 200.00COCOLORADO FEDERATION OF GAR MARGIE SOILEAU

6/8/2020 200.00OHAVON‐ON‐THE‐LAKE GARDEN CLU JENNIFER FENDERBOSCH

6/24/2020 200.00CASOUTHERN CALIFORNIA GARDEN CAROL VALLENS

600.00

PH&E Contributions6/11/2020 25.00CACONEJO VALLEY GARDEN CLUB KATHLEEN DOMALOOR

6/24/2020 200.00GANA DEEN DAY SANDERS

225.00

ESS Fees6/1/2020 80.00SCNA KAREN ALLEN

80.00

FSS Fees6/1/2020 5.00MSMISSISSIPPI FLOWER SHOW JUDG MELANIE GOUSSET

6/1/2020 10.90TXNA ANNE BROWN

6/1/2020 134.10TXNA ANNE BROWN

6/19/2020 5.00MINA BETHANY GOODMAN

155.00

FSS Instructors6/26/2020 10.00TNNA CATHY WAITINAS

10.00

LDS Fees6/18/2020 235.00SCNA KAREN GILSON

6/19/2020 85.00TXLANDSCAPE DESGIN STUDY COUR MICHELE WEHRHEIM

320.00

Page 3 of 3

National Garden Clubs, Inc Check Detail

June 2020Type Num Date Name Memo Account Original Amount

Check 145 06/15/2020 ACCT ANALYSIS FEE BANK CHARGE 111111 · CASH BOA -216.42

BANK CHARGE 159151 · BANKCARD CHARGES 216.42

TOTAL 216.42

Check 272 06/30/2020 PRIN FUNDS EFT 403B RETIREMENT PLAY 111111 · CASH BOA -914.26

403B RETIREMENT PLAY 126261 · 403(B) PAYABLE 914.26

TOTAL 914.26

Check 273 06/30/2020 PRIN FUNDS EFT 403B RETIREMENT PLAY 111111 · CASH BOA -914.26

403B RETIREMENT PLAY 126261 · 403(B) PAYABLE 914.26

TOTAL 914.26

Check 372 06/01/2020 IRS DES:USATAXPYMT TAX DEPOSIT 111111 · CASH BOA -3,418.56

TAX DEPOSIT 126211 · PAYROLL TAXES PAYABLE 3,418.56

TOTAL 3,418.56

Check 373 06/16/2020 IRS DES:USATAXPYMT TAX DEPOSIT 111111 · CASH BOA -3,418.62

TAX DEPOSIT 126211 · PAYROLL TAXES PAYABLE 3,418.62

TOTAL 3,418.62

Check 469 06/22/2020 Business Card PAYMENT - THANK YOU 111111 · CASH BOA -856.87

PAYMENT - THANK YOU 102113 · BILL TRAPP 856.87

TOTAL 856.87

Check 624 06/03/2020 GLOBAL PAYMENTS DES CREDIT CARD CHARGES 111111 · CASH BOA -261.57

CREDIT CARD CHARGES 159151 · BANKCARD CHARGES 261.57

TOTAL 261.57



TOTAL 199.14



TOTAL 60.30

Page 1 of 15



Check 653 06/05/2020 USPS Postage MEMBER SERVICE POSTAGE 111111 · CASH BOA -1,000.00

MEMBER SERVICE POSTAGE 159121 · FREIGHT & POSTAGE 1,000.00

TOTAL 1,000.00

Check 728 06/01/2020 ANTHEM BLUE CROSS BLUE SHIELD EMPLOYEE INSURANCE 211111 · PHE CASH -2,159.38

EMPLOYEE INSURANCE 266212 · EMPLOYEE INSURANCE 2,159.38

TOTAL 2,159.38

Check 729 06/01/2020 Business Card ANNUAL MEMBERSHIP FEE 102113 · BILL TRAPP -35.00

ANNUAL MEMBERSHIP FEE 266111 · OFF. EQUIP & SERV 35.00

TOTAL 35.00

Check 729 06/30/2020 ANTHEM BLUE CROSS BLUE SHIELD EMPLOYEE INSURANCE 211111 · PHE CASH -2,678.40

EMPLOYEE INSURANCE 266212 · EMPLOYEE INSURANCE 2,678.40

TOTAL 2,678.40

Check 1154 06/03/2020 Business Card CLOUDWALKS 102111 · Michelle Smith -348.00

CLOUDWALKS 162271 · SUPPLIES & OFFICE FORMS 348.00

TOTAL 348.00

Check 1155 06/10/2020 Business Card EIG*CONSTANTCONTACT.CO 102111 · Michelle Smith -95.00

EIG*CONSTANTCONTACT.CO 162271 · SUPPLIES & OFFICE FORMS 95.00

TOTAL 95.00

Check 1156 06/15/2020 Business Card ADOBE ACROPRO SUBS 102111 · Michelle Smith -14.99

ADOBE ACROPRO SUBS 162271 · SUPPLIES & OFFICE FORMS 14.99

TOTAL 14.99

Check 1157 06/15/2020 Business Card SMK*WUFOO.COM CHARGE 102113 · BILL TRAPP -99.00

SMK*WUFOO.COM CHARGE 266111 · OFF. EQUIP & SERV 99.00

TOTAL 99.00

Check 1157 06/22/2020 Business Card ENDICIA 102111 · Michelle Smith -34.95

ENDICIA 162271 · SUPPLIES & OFFICE FORMS 34.95

TOTAL 34.95

Page 2 of 15



Check 1158 06/22/2020 Business Card ADOBE STOCK 102111 · Michelle Smith -29.99

ADOBE STOCK 162271 · SUPPLIES & OFFICE FORMS 29.99

TOTAL 29.99

Check 1159 06/29/2020 Business Card SMK*WUFOO.COM CHARGE 102111 · Michelle Smith -39.00

SMK*WUFOO.COM CHARGE 162271 · SUPPLIES & OFFICE FORMS 39.00

TOTAL 39.00

Check 1160 06/29/2020 Business Card SOUTH COUNTY CLEANERS 102111 · Michelle Smith -447.75

SOUTH COUNTY CLEANERS 162271 · SUPPLIES & OFFICE FORMS 447.75

TOTAL 447.75

Check 1312 06/05/2020 Acropolis RDS Server 211111 · PHE CASH -1,877.92

RDS Server 266111 · OFF. EQUIP & SERV 1,877.92

TOTAL 1,877.92

Check 1408 06/02/2020 Business Card GEOCOD.IO 102113 · BILL TRAPP -1.11

GEOCOD.IO 266111 · OFF. EQUIP & SERV 1.11

TOTAL 1.11

Check 1409 06/24/2020 Business Card LOGMEIN*GoToMeeting 102113 · BILL TRAPP -20.71

LOGMEIN*GoToMeeting 266111 · OFF. EQUIP & SERV 20.71

TOTAL 20.71

Check 1510 06/03/2020 UNITED PARCEL SERVICE FREIGHT 111111 · CASH BOA -129.41

FREIGHT 159121 · FREIGHT & POSTAGE 129.41

TOTAL 129.41



TOTAL 110.65



TOTAL 183.02

Page 3 of 15





TOTAL 255.60

Check 1602 06/02/2020 AMEREN MISSOURI ELECTRIC 211111 · PHE CASH -754.12

ELECTRIC 267211 · ELECTRIC 754.12

TOTAL 754.12

Check 1704 06/23/2020 METROPOLITAN ST. LOUIS WATER 211111 · PHE CASH -487.27

WATER 267411 · WATER 487.27

TOTAL 487.27

Check 1814 06/05/2020 Zultys Phone 211111 · PHE CASH -605.43

Phone 267311 · TELEPHONE 605.43

TOTAL 605.43

Check 1902 06/23/2020 IRON MOUNTAIN Paper Shredding 211111 · PHE CASH -77.80

Paper Shredding 266301 · SUPPLIES & MISCELLANEOUS 77.80

TOTAL 77.80

Check 2102 06/17/2020 WASTE MANAGEMENT OF ST LOUIS TRASH 211111 · PHE CASH -736.43

TRASH 264122 · BLDG. MAINT. 736.43

TOTAL 736.43

Check 2201 06/01/2020 Spire GAS 211111 · PHE CASH -174.42

GAS 267111 · GAS 174.42

TOTAL 174.42

Check 2401 06/19/2020 Mo Depart of Rev MO WITHHOLDING TAX 111111 · CASH BOA -1,023.47

MO WITHHOLDING TAX 126221 · STATE WITHOLDING 1,023.47

TOTAL 1,023.47

Check 43686 06/01/2020 DEPARTMENT OF CONSERVATION & RECREAT Check to replace #40856 that was Never

Cashed - Rcvd from Massachusetts GC111552 · PENNY PINES -680.00

Page 4 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck to replace #40856 that was Never Cashed - Rcvd from Massachusetts GC

161568 · Penny Pines Exp 680.00

TOTAL 680.00

Check 43687 06/01/2020 USDA FOREST SERVICE Check to Replace #40873 that was never

cashed - rcvd from North carolina GC111552 · PENNY PINES -68.00

Check to Replace #40873 that was never cashed - rcvd from North carolina GC


TOTAL 68.00

Check 43688 06/01/2020 USDA FOREST SERVICE Check to replace #40876 that was Never

Cashed - rcvd from Oregon GC111552 · PENNY PINES -136.00

Check to replace #40876 that was Never Cashed - rcvd from Oregon GC


TOTAL 136.00

Check 43689 06/01/2020 USDA FOREST SERVICE check to replace #40881 that was Never

Cashed - rcvd from Oregon garden Clubs111552 · PENNY PINES -68.00

check to replace #40881 that was Never Cashed - rcvd from Oregon garden Clubs


TOTAL 68.00


Cashed - rcvd from South Carolina GC111552 · PENNY PINES -68.00

Check to replace #40884 that was Never Cashed - rcvd from South Carolina GC


TOTAL 68.00


Cashed - rcvd from SC Garden Club111552 · PENNY PINES -68.00

Check to replace #41244 that was Never Cashed - rcvd from SC Garden Club


TOTAL 68.00


Cashed - rvcd from SC Garden Club111552 · PENNY PINES -68.00

Check to replace #41246 that was Never Cashed - rvcd from SC Garden Club


TOTAL 68.00

Page 5 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck 43693 06/01/2020 USDA FOREST SERVICE Check to Replace #41259 that was Never

Cashed-rcvd from LA Garden Clubs111552 · PENNY PINES -136.00

Check to Replace #41259 that was Never Cashed-rcvd from LA Garden Clubs


TOTAL 136.00





TOTAL 68.00


Cashed - rcvd from LA Garden Club111552 · PENNY PINES -68.00

Check to replace #41267 that was Never Cashed - rcvd from LA Garden Club


TOTAL 68.00


Cashed - rcvd from Iowa Garden Club111552 · PENNY PINES -136.00

Check to replace #41034 that was Never Cashed - rcvd from Iowa Garden Club


TOTAL 136.00


Cashed - rcvd from NC Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41055 that was Never Cashed - rcvd from NC Garden Clubs


TOTAL 136.00


Cashed - rcvd from TX garden Club111552 · PENNY PINES -68.00

Check to replace #41063 that was Never Cashed - rcvd from TX garden Club


TOTAL 68.00


Cashed - rcvd from Washington Garden Club

111552 · PENNY PINES -204.00

Page 6 of 15


June 2020Type Num Date Name Memo Account Original Amount to replace #410678 that was Never Cashed - rcvd from Washington Garden Club


TOTAL 204.00


Cashed - Rcvd from CO Garden Clubs111552 · PENNY PINES -204.00

Check to replace #41429 that was Never Cashed - Rcvd from CO Garden Clubs


TOTAL 204.00


Cashed - rcvd from ID Garden Club111552 · PENNY PINES -68.00

Check to replace #41434 that was Never Cashed - rcvd from ID Garden Club


TOTAL 68.00


Cashed - rcvd from OR Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41463 that was Never Cashed - rcvd from OR Garden Clubs


TOTAL 136.00


Cashed - rcvd from SC Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41470 that was Never Cashed - rcvd from SC Garden Clubs


TOTAL 136.00


Cashed - rcvd from WY Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41482 that was Never Cashed - rcvd from WY Garden Clubs


TOTAL 136.00


Cashed - rcvd from CA Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41672 that was Never Cashed - rcvd from CA Garden Clubs


TOTAL 136.00

Page 7 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck 43706 06/01/2020 USDA FOREST SERVICE Check to replace #41684 that was Never

Cashed - rcvd from LA Garden Clubs111552 · PENNY PINES -204.00

Check to replace #41684 that was Never Cashed - rcvd from LA Garden Clubs


TOTAL 204.00


Cashed - rcvd from NM Garden Clubs111552 · PENNY PINES -136.00

Check to replace #41699 that was Never Cashed - rcvd from NM Garden Clubs


TOTAL 136.00


Cashed - rcvd from NM Garden Club111552 · PENNY PINES -136.00

Check to replace #41702 that was Never Cashed - rcvd from NM Garden Club


TOTAL 136.00


Cashed - rcvd from WY Garden Club111552 · PENNY PINES -136.00

Check to replace #41725 that was Never Cashed - rcvd from WY Garden Club


TOTAL 136.00


Cashed - rcvd from Conneticut Garden Club111552 · PENNY PINES -136.00

Check to replace #41915 that was Never Cashed - rcvd from Conneticut Garden Club


TOTAL 136.00

Check 43711 06/01/2020 USDA FOREST SERVICE Check to replalce #41916 that was Never

Cashed - rcvd from AK Garden Clubs111552 · PENNY PINES -136.00

Check to replalce #41916 that was Never Cashed - rcvd from AK Garden Clubs


TOTAL 136.00

Check 43712 06/01/2020 USDA FOREST SERVICE Check to Replace #41917 that was Never

Cashed - rcvd from Conneticut Garden Club111552 · PENNY PINES -204.00

Page 8 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck to Replace #41917 that was Never Cashed - rcvd from Conneticut Garden Club


TOTAL 204.00


Cashed - rcvd from Conneticut GC111552 · PENNY PINES -204.00

Check to replace #41918 that was Never Cashed - rcvd from Conneticut GC


TOTAL 204.00





TOTAL 68.00


Cashed - rcvd from WY Garden Club111552 · PENNY PINES -136.00

Check to replace #41956 that was Never Cashed - rcvd from WY Garden Club


TOTAL 136.00



heck to replace #41958 that was Never Cashed - rcvd from CA Garden Clubs


TOTAL 272.00



Check to replace #42164 that was Never Cashed - rcvd from CA Garden Clubs


TOTAL 272.00

Bill Pmt -Check 43718 06/01/2020 Swift Print Communications 111111 · CASH BOA -25,182.32

Bill 89913 05/15/2020 2021 VISION OF BEAUTY DATE BOOK 114211 · CALENDARS INVENTORY 25,182.32

TOTAL 25,182.32

Bill Pmt -Check 43719 06/01/2020 ACC Business 211111 · PHE CASH -812.44

Page 9 of 15


June 2020Type Num Date Name Memo Account Original AmountBill 201357389 05/24/2020 267311 · TELEPHONE 812.44

TOTAL 812.44

Bill Pmt -Check 43720 06/01/2020 AT&T 211111 · PHE CASH -649.51

Bill 314865-30370257 05/17/2020 267311 · TELEPHONE 649.51

TOTAL 649.51

Bill Pmt -Check 43721 06/01/2020 AVAYA INC 211111 · PHE CASH -199.62

Bill 35558869 05/24/2020 267311 · TELEPHONE 199.62

TOTAL 199.62

Bill Pmt -Check 43722 06/01/2020 Gregory F.X. Daly Collector of Revenue 211111 · PHE CASH -579.61

Bill 409002-227688 05/15/2020 267411 · WATER 579.61

TOTAL 579.61

Bill Pmt -Check 43723 06/01/2020 Office Essentials 211111 · PHE CASH -10.00

Bill S01258743 06/01/2020 268412 · RECYCLING 10.00

TOTAL 10.00

Bill Pmt -Check 43724 06/01/2020 SPARKS MILLING COMPANY, LLC 511111 · WILDFLOWER CHECKING -1,735.50

Bill 997390 06/01/2020 562047 · WEB SITE 1,735.50

TOTAL 1,735.50

Check 43725 06/05/2020 USDA FOREST SERVICE Donations rcvd from Arizona Garden Clubs 111552 · PENNY PINES -68.00

Donations rcvd from Arizona Garden Clubs 161568 · Penny Pines Exp 68.00

TOTAL 68.00

Check 43726 06/05/2020 USDA FOREST SERVICE Donations rcvd from Arizona Garden Clubs 111552 · PENNY PINES -612.00

Donations rcvd from Arizona Garden Clubs 161568 · Penny Pines Exp 612.00

TOTAL 612.00

Check 43727 06/05/2020 USDA FOREST SERVICE Donations rcvd from Connecticut Garden

Club111552 · PENNY PINES -204.00

Donations rcvd from Connecticut Garden Club 161568 · Penny Pines Exp 204.00

TOTAL 204.00

Page 10 of 15




Clubs111552 · PENNY PINES -272.00

Donations rcvd from Connecticut Garden Clubs 161568 · Penny Pines Exp 272.00

TOTAL 272.00




TOTAL 340.00




TOTAL 340.00

Check 43731 06/05/2020 USDA FOREST SERVICE Donations rcvd from Florida Garden Clubs 111552 · PENNY PINES -1,360.00

Donations rcvd from Florida Garden Clubs 161568 · Penny Pines Exp 1,360.00

TOTAL 1,360.00

Check 43732 06/05/2020 USDA FOREST SERVICE Donations rcvd from Kentucky Garden


Donations rcvd from Kentucky Garden Clubs 161568 · Penny Pines Exp 68.00

TOTAL 68.00

Check 43733 06/05/2020 USDA FOREST SERVICE Donations rcvd from Michigan Garden Club 111552 · PENNY PINES -68.00

Donations rcvd from Michigan Garden Club 161568 · Penny Pines Exp 68.00

TOTAL 68.00

Check 43734 06/05/2020 USDA FOREST SERVICE Donations rcvd from New York Garden


Donations rcvd from New York Garden Clubs 161568 · Penny Pines Exp 136.00

TOTAL 136.00

Check 43735 06/05/2020 USDA FOREST SERVICE Donations rcvd from Ohio Garden Clubs 111552 · PENNY PINES -136.00

Page 11 of 15


June 2020Type Num Date Name Memo Account Original AmountDonations rcvd from Ohio Garden Clubs 161568 · Penny Pines Exp 136.00

TOTAL 136.00

Check 43736 06/05/2020 USDA FOREST SERVICE Donations rcvd from Virginia Garden Clubs 111552 · PENNY PINES -204.00

Donations rcvd from Virginia Garden Clubs 161568 · Penny Pines Exp 204.00

TOTAL 204.00

Check 43737 06/05/2020 USDA FOREST SERVICE Donations rcvd from Washington Garden


Donations rcvd from Washington Garden Clubs 161568 · Penny Pines Exp 68.00

TOTAL 68.00

Check 43738 06/05/2020 USDA FOREST SERVICE Donation rcvd from Washington Garden


Donation rcvd from Washington Garden Clubs 161568 · Penny Pines Exp 68.00

TOTAL 68.00

Check 43739 06/22/2020 US Postmaster NGC - Summer 2020 TNG Postage 111111 · CASH BOA -3,500.00

NGC - Summer 2020 TNG Postage 171211 · TNG/CIR. DEPT. POSTAGE 3,500.00

TOTAL 3,500.00

Bill Pmt -Check 43740 06/22/2020 Kingery Printing Company 111111 · CASH BOA -14.00

Bill 187085 06/22/2020 171301 · TNG/PRINTING, PHOTOS, ETC. 14.00

TOTAL 14.00

Bill Pmt -Check 43741 06/26/2020 MUELLER PROST PC 111111 · CASH BOA -1,800.00

Bill 131674 06/22/2020 162201 · AUDIT General 1,800.00

TOTAL 1,800.00

Bill Pmt -Check 43742 06/22/2020 Suburban Industrial Packaging 111111 · CASH BOA -206.16

Bill INV599965 06/22/2020 159111 · PACKAGING 206.16

TOTAL 206.16

Bill Pmt -Check 43743 06/23/2020 AT&T TELECONFERENCE SERVICES 211111 · PHE CASH -1,096.83

Bill 006-019063 06/23/2020 267311 · TELEPHONE 1,096.83

TOTAL 1,096.83

Page 12 of 15



Bill Pmt -Check 43744 06/26/2020 CLEAN THE UNIFORM COMPANY 211111 · PHE CASH -232.01

Bill 10076455 06/22/2020 266301 · SUPPLIES & MISCELLANEOUS 194.71


TOTAL 232.01

Bill Pmt -Check 43745 06/26/2020 Office Essentials 211111 · PHE CASH -30.00

Bill CIV1225370 06/22/2020 268412 · RECYCLING 10.00



TOTAL 30.00

Bill Pmt -Check 43746 06/23/2020 Plant Professor 211111 · PHE CASH -97.95


TOTAL 97.95

Bill Pmt -Check 43747 06/26/2020 PURITAN SPRINGS WATER 211111 · PHE CASH -34.18


TOTAL 34.18

Bill Pmt -Check 43748 06/26/2020 SFP LANDSCAPING INC 211111 · PHE CASH -8,811.20

Bill 25673 05/29/2020 264144 · GROUNDS MAINT. 2,901.70


TOTAL 8,811.20

Bill Pmt -Check 43749 06/26/2020 SumnerOne 211111 · PHE CASH -743.90

Bill L307038023 06/23/2020 266111 · OFF. EQUIP & SERV 743.90

TOTAL 743.90

Bill Pmt -Check 43750 06/26/2020 The Key People Company 211111 · PHE CASH -425.00

Bill 160241 06/23/2020 264161 · JANITORIAL SERVICES 425.00

TOTAL 425.00

Bill Pmt -Check 43751 06/26/2020 SFP LANDSCAPING INC 111543 · SEPT 11TH MEMORIAL FD -3,837.32

Bill 25673A 05/29/2020 160601 · SEPT 11TH MEMORIAL FD EXP 3,837.32

TOTAL 3,837.32

Page 13 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck 43752 06/26/2020 Lookout Mountain Beautiful GC Plant America Grant 2020 - G.C. says they

never rcvd ck#43008111923 · Plant America - Restricted Fund -1,000.00

Plant America Grant 2020 - G.C. says they never rcvd ck#43008

161651 · PLANT AMERICA EXPENSE 1,000.00

TOTAL 1,000.00

Bill Pmt -Check 43753 06/29/2020 BRETSKY PROMOTIONS 111111 · CASH BOA -688.56

Bill 1638 06/29/2020 166201 · AWARDS EXPENSE 688.56

TOTAL 688.56

Bill Pmt -Check 43754 06/29/2020 ACC Business 211111 · PHE CASH -812.44

Bill 201667615 06/29/2020 267311 · TELEPHONE 812.44

TOTAL 812.44

Bill Pmt -Check 43755 06/29/2020 MCCARTHY PEST & TERMITE 211111 · PHE CASH -91.00

Bill 146185 06/29/2020 264122 · BLDG. MAINT. 91.00

TOTAL 91.00

Bill Pmt -Check 43756 06/29/2020 SFP LANDSCAPING INC 211111 · PHE CASH -7,477.89



TOTAL 7,477.89

Check 43757 06/29/2020 Tim Firment Refund membership National Affiliate -

Wrong Application111111 · CASH BOA -30.00

Refund membership National Affiliate - Wrong Application

141103 · AFFILIATED MEMBERS DUES 30.00

TOTAL 30.00

Check 43758 06/29/2020 BOCA RATON GARDEN CLUB Refund check - It should have gone to FL

Federation for their State Dues111111 · CASH BOA -69.00

Refund check - It should have gone to FL Federation for their State Dues

141101 · STATE GARDEN CLUB DUES 69.00

TOTAL 69.00

Check 43759 06/29/2020 Milly Abdo NGC - 2020 Smokey Bear Contest Winner 511111 · WILDFLOWER CHECKING -50.00

NGC - 2020 Smokey Bear Contest Winner 568221 · EDUCATIONAL GRANT 50.00

TOTAL 50.00

Page 14 of 15


June 2020Type Num Date Name Memo Account Original AmountCheck 43760 06/29/2020 June Crawford NGC - 2020 Smokey Bear Contest Winner 511111 · WILDFLOWER CHECKING -50.00


TOTAL 50.00

Check 43761 06/29/2020 Braxton Socia NGC - 2020 Smokey Bear Contest Winner 511111 · WILDFLOWER CHECKING -50.00


TOTAL 50.00

Check 43762 06/29/2020 Lucy Adair NGC - 2020 Smokey Bear Contest Winner 511111 · WILDFLOWER CHECKING -50.00


TOTAL 50.00

Check 43763 06/29/2020 Yifei Ren NGC - 2020 Smokey Bear Contest Winner 511111 · WILDFLOWER CHECKING -50.00


TOTAL 50.00

Page 15 of 15

National Garden Clubs, Inc As of June 30, 2020

Type Date Num Name Memo Debit Credit Balance111162 · FLOWER SHOW INSTR FUND 12,095.60

Total 111162 · FLOWER SHOW INSTR FUND 12,095.60

111171 · INT'L AFFIL. DIS. FUND 25,977.62Total 111171 · INT'L AFFIL. DIS. FUND 25,977.62

111281 · Floral Design Publications Fund 150,000.00Total 111281 · Floral Design Publications Fund 150,000.00

111301 · NATIONAL GARDEN PROJECT 62,620.32Total 111301 · NATIONAL GARDEN PROJECT 62,620.32

111351 · PRES DISCRETIONARY FUND 561.52Total 111351 · PRES DISCRETIONARY FUND 561.52

111381 · NATURAL DISASTER FUND 65,051.79Deposit 06/01/2020 6323-MR REBECCA MARTIN Club- HILL &

STREAM GARDEN CLUB50.00 65,101.79

Deposit 06/11/2020 6354-MR JAN HOWARD Club- WALNUT CREEK GARDEN CLUB

100.00 65,201.79

Deposit 06/18/2020 6368-MR ANN GODWIN Club- THE GARDEN CLUBS OF MS INC

512.50 65,714.29

Deposit 06/18/2020 6369-MR G BAULLINGER Club- WASHINGTON STATE FEDERATION OF GC

550.00 66,264.29

Deposit 06/18/2020 6371-MR JANA WALLING Club- FLORIDA FEDERATION OF GARDEN CLUBS INC

310.00 66,574.29

Deposit 06/24/2020 6388-MR JOYCE MILBERG Club- GARDEN CLUB FEDERATION OF PENNSYLVANIA

2,753.96 69,328.25

Total 111381 · NATURAL DISASTER FUND 4,276.46 0.00 69,328.25

111521 · WORLD GARDENING 4,326.37Total 111521 · WORLD GARDENING 4,326.37

111543 · SEPT 11TH MEMORIAL FD 3,837.32Bill Pmt -Check 06/26/2020 43751 SFP LANDSCAPING INC 3,837.32 0.00

Total 111543 · SEPT 11TH MEMORIAL FD 0.00 3,837.32 0.00

111552 · PENNY PINES 23,395.99Check 06/01/2020 43686 DEPARTMENT OF CONSERVATION &

RECREATIONCheck to replace #40856 that was Never Cashed - Rcvd from Massachusetts GC

680.00 22,715.99

Check 06/01/2020 43687 USDA FOREST SERVICE Check to Replace #40873 that was never cashed - rcvd from North carolina GC

68.00 22,647.99

Check 06/01/2020 43688 USDA FOREST SERVICE Check to replace #40876 that was Never Cashed - rcvd from Oregon GC

136.00 22,511.99

Check 06/01/2020 43689 USDA FOREST SERVICE check to replace #40881 that was Never Cashed - rcvd from Oregon garden Clubs

68.00 22,443.99

Check 06/01/2020 43690 USDA FOREST SERVICE Check to replace #40884 that was Never Cashed - rcvd from South Carolina GC

68.00 22,375.99

Check 06/01/2020 43691 USDA FOREST SERVICE Check to replace #41244 that was Never Cashed - rcvd from SC Garden Club

68.00 22,307.99

Check 06/01/2020 43692 USDA FOREST SERVICE Check to replace #41246 that was Never Cashed - rvcd from SC Garden Club

68.00 22,239.99

Check 06/01/2020 43693 USDA FOREST SERVICE Check to Replace #41259 that was Never Cashed-rcvd from LA Garden Clubs

136.00 22,103.99


68.00 22,035.99

Check 06/01/2020 43695 USDA FOREST SERVICE Check to replace #41267 that was Never Cashed - rcvd from LA Garden Club

68.00 21,967.99

Check 06/01/2020 43696 USDA FOREST SERVICE Check to replace #41034 that was Never Cashed - rcvd from Iowa Garden Club

136.00 21,831.99

Check 06/01/2020 43697 USDA FOREST SERVICE Check to replace #41055 that was Never Cashed - rcvd from NC Garden Clubs

136.00 21,695.99

Check 06/01/2020 43698 USDA FOREST SERVICE Check to replace #41063 that was Never Cashed - rcvd from TX garden Club

68.00 21,627.99

Page 1 of 4


Type Date Num Name Memo Debit Credit BalanceCheck 06/01/2020 43699 USDA FOREST SERVICE Check to replace #410678 that was Never

Cashed - rcvd from Washington Garden Club204.00 21,423.99

Check 06/01/2020 43700 USDA FOREST SERVICE Check to replace #41429 that was Never Cashed - Rcvd from CO Garden Clubs

204.00 21,219.99

Check 06/01/2020 43701 USDA FOREST SERVICE Check to replace #41434 that was Never Cashed - rcvd from ID Garden Club

68.00 21,151.99

Check 06/01/2020 43702 USDA FOREST SERVICE Check to replace #41463 that was Never Cashed - rcvd from OR Garden Clubs

136.00 21,015.99

Check 06/01/2020 43703 USDA FOREST SERVICE Check to replace #41470 that was Never Cashed - rcvd from SC Garden Clubs

136.00 20,879.99

Check 06/01/2020 43704 USDA FOREST SERVICE Check to replace #41482 that was Never Cashed - rcvd from WY Garden Clubs

136.00 20,743.99

Check 06/01/2020 43705 USDA FOREST SERVICE Check to replace #41672 that was Never Cashed - rcvd from CA Garden Clubs

136.00 20,607.99

Check 06/01/2020 43706 USDA FOREST SERVICE Check to replace #41684 that was Never Cashed - rcvd from LA Garden Clubs

204.00 20,403.99

Check 06/01/2020 43707 USDA FOREST SERVICE Check to replace #41699 that was Never Cashed - rcvd from NM Garden Clubs

136.00 20,267.99

Check 06/01/2020 43708 USDA FOREST SERVICE Check to replace #41702 that was Never Cashed - rcvd from NM Garden Club

136.00 20,131.99

Check 06/01/2020 43709 USDA FOREST SERVICE Check to replace #41725 that was Never Cashed - rcvd from WY Garden Club

136.00 19,995.99

Check 06/01/2020 43710 USDA FOREST SERVICE Check to replace #41915 that was Never Cashed - rcvd from Conneticut Garden Club

136.00 19,859.99

Check 06/01/2020 43711 USDA FOREST SERVICE Check to replalce #41916 that was Never Cashed - rcvd from AK Garden Clubs

136.00 19,723.99

Check 06/01/2020 43712 USDA FOREST SERVICE Check to Replace #41917 that was Never Cashed - rcvd from Conneticut Garden Club

204.00 19,519.99

Check 06/01/2020 43713 USDA FOREST SERVICE Check to replace #41918 that was Never Cashed - rcvd from Conneticut GC

204.00 19,315.99


68.00 19,247.99

Check 06/01/2020 43715 USDA FOREST SERVICE Check to replace #41956 that was Never Cashed - rcvd from WY Garden Club

136.00 19,111.99


272.00 18,839.99


272.00 18,567.99

Deposit 06/01/2020 6317-MR GLENNA WALTEE Club- MONTANA FEDERATION OF GARDEN CLUBS

136.00 18,703.99

Deposit 06/01/2020 6318-MR SHEILA DINGRANDO Club- MARION GARDEN CLUB

68.00 18,771.99

Deposit 06/01/2020 6319-MR NA Club- GARDEN CLUB FEDERATION OF MA INC

272.00 19,043.99

Deposit 06/01/2020 6320-MR NA Club- MISSION HILLS GARDEN CLUB

136.00 19,179.99

Deposit 06/01/2020 6321-MR BEVERLY DAWSON Club- PORT ANGELES GARDEN CLUB

136.00 19,315.99

Deposit 06/01/2020 6322-MR MARGARET TAYLOR Club- THE OREGON STATE FEDERATION OF GARDEN CLUBS

1,020.00 20,335.99

Check 06/05/2020 43725 USDA FOREST SERVICE Donations rcvd from Arizona Garden Clubs 68.00 20,267.99

Check 06/05/2020 43726 USDA FOREST SERVICE Donations rcvd from Arizona Garden Clubs 612.00 19,655.99

Check 06/05/2020 43727 USDA FOREST SERVICE Donations rcvd from Connecticut Garden Club 204.00 19,451.99

Check 06/05/2020 43728 USDA FOREST SERVICE Donations rcvd from Connecticut Garden Clubs 272.00 19,179.99

Check 06/05/2020 43729 USDA FOREST SERVICE Donations rcvd from Connecticut Garden Clubs 340.00 18,839.99

Page 2 of 4


Type Date Num Name Memo Debit Credit BalanceCheck 06/05/2020 43730 USDA FOREST SERVICE Donations rcvd from Connecticut Garden Clubs 340.00 18,499.99

Check 06/05/2020 43731 USDA FOREST SERVICE Donations rcvd from Florida Garden Clubs 1,360.00 17,139.99

Check 06/05/2020 43732 USDA FOREST SERVICE Donations rcvd from Kentucky Garden Clubs 68.00 17,071.99

Check 06/05/2020 43733 USDA FOREST SERVICE Donations rcvd from Michigan Garden Club 68.00 17,003.99

Check 06/05/2020 43734 USDA FOREST SERVICE Donations rcvd from New York Garden Clubs 136.00 16,867.99

Check 06/05/2020 43735 USDA FOREST SERVICE Donations rcvd from Ohio Garden Clubs 136.00 16,731.99

Check 06/05/2020 43736 USDA FOREST SERVICE Donations rcvd from Virginia Garden Clubs 204.00 16,527.99

Check 06/05/2020 43737 USDA FOREST SERVICE Donations rcvd from Washington Garden Clubs 68.00 16,459.99

Check 06/05/2020 43738 USDA FOREST SERVICE Donation rcvd from Washington Garden Clubs 68.00 16,391.99

Deposit 06/05/2020 6333-MR BETTY CALDWELL Club- SOUTH BOSTON GARDEN CLUB

68.00 16,459.99

Deposit 06/05/2020 6334-MR MARTY TAYLOR Club- MADISON GARDEN CLUB

68.00 16,527.99

Deposit 06/08/2020 6342-MR MARTY BOWERS Club- MONETA GARDEN CLUB

136.00 16,663.99

Deposit 06/08/2020 6343-MR HELEN CORBITT Club- HENDRICKS COUNTY GARDEN CLUB

68.00 16,731.99

Deposit 06/08/2020 6344-MR REBECCA MARTIN Club- HILL & STREAM GARDEN CLUB

68.00 16,799.99

Deposit 06/08/2020 6345-MR RONETTE SNYDER Club- BROOKSVILLE GARDEN CLUB

136.00 16,935.99

Deposit 06/08/2020 6346-MR JUDY BOXX Club- DESIGNING WOMEN

68.00 17,003.99

Deposit 06/08/2020 6347-MR BRENDA DAVIS Club- SEASONS IV GARDEN CLUB

68.00 17,071.99

Deposit 06/08/2020 6348-MR MARGARET TAYLOR Club- MT. HOOD DISTRICT GARDEN CLUBS

68.00 17,139.99

General Journal 06/12/2020 3038-WF NA Club- A LIVING TRIBUTE CT Inv# - 629 136.00 17,275.99

Deposit 06/18/2020 6362-MR KATHY KOZIELL Club- MOUNTAIN GARDEN CLUB

68.00 17,343.99

Deposit 06/18/2020 6363-MR MAUREEN DONOVAN Club- CROFTON GREENERY GARDEN CLUB

68.00 17,411.99

Deposit 06/18/2020 6364-MR ROSEMARIE HARDY Club- NORRISTOWN GARDEN CLUB

68.00 17,479.99

Deposit 06/18/2020 6365-MR LINNEA CUIRKO Club- COLONIAL HERITAGE GARDEN CLUB

68.00 17,547.99

Deposit 06/18/2020 6366-MR ANN GODWIN Club- THE GARDEN CLUBS OF MS INC

816.00 18,363.99

Deposit 06/18/2020 6367-MR JANA WALLING Club- FLORIDA FEDERATION OF GARDEN CLUBS

1,088.00 19,451.99

Deposit 06/19/2020 6380-MR TANYA SPEDALERE Club- MT WASHINGTON GARDEN CLUB

68.00 19,519.99

General Journal 06/22/2020 3039-WF CHRISTINE BROOKS Club- SAN PEDRO GARDEN CLUB CA Inv# - 630

136.00 19,655.99

General Journal 06/22/2020 3040-WF CONNI ELKINS Club- ANGEL FIRE GARDEN CLUB NM Inv# - 631

68.00 19,723.99

Deposit 06/24/2020 6385-MR SUZY ANDREGO Club- UPTOWN GARDEN CLUB

68.00 19,791.99

Deposit 06/24/2020 6386-MR GENEVIEVE CLARK Club- GARDEN CLUB OF AVON

68.00 19,859.99

Deposit 06/24/2020 6387-MR LINDA THRELKY Club- SMITH MOUNTAIN LAKE GARDEN CLUB

68.00 19,927.99

Deposit 06/26/2020 6392-MR MARY ELLEN MONTGOMERY Club-MANITOU SPRINGS GARDEN CLUB

204.00 20,131.99

General Journal 06/27/2020 3041-WF BARBARA BRENNER BUDER Club- NA CA Inv# - 632

0.00 20,131.99

Page 3 of 4


Type Date Num Name Memo Debit Credit BalanceGeneral Journal 06/27/2020 3042-WF BARBARA BRENNER BUDER Club- CA Inv# -

633544.00 20,675.99

Deposit 06/29/2020 6397-MR JUDY SHERPA Club- LAKEWOOD RANCH GC

68.00 20,743.99

Deposit 06/29/2020 6398-MR SHELIA EPSTEIN Club- NA 68.00 20,811.99

Deposit 06/29/2020 6399-MR SHELIA EPSTEIN Club- NA 68.00 20,879.99

Deposit 06/29/2020 6400-MR EILEEN PIKER Club- MEDFORD GC

204.00 21,083.99

Deposit 06/29/2020 6401-MR BONNIE DAWSON Club- MAUD CLEMENT GC

68.00 21,151.99

Deposit 06/29/2020 6402-MR A W Club- GARDEN CLUB FEDERATION OF MA INC

272.00 21,423.99

Total 111552 · PENNY PINES 6,800.00 8,772.00 21,423.99

111554 · Running Water Project 1,260.00Deposit 06/01/2020 6324-MR LYNN LOVE Club- MARION

GARDEN CLUB25.00 1,285.00

Deposit 06/18/2020 6372-MR JANA WALLING Club- FLORIDA FEDERATION OF GARDEN CLUBS, INC

710.24 1,995.24

Total 111554 · Running Water Project 735.24 0.00 1,995.24

111801 · International Flower Show Fund 50,263.59Total 111801 · International Flower Show Fund 50,263.59

111923 · Plant America - Restricted Fund -8,539.87Deposit 06/18/2020 6370-MR JANA WALLING Club- FLORIDA

FEDERATION OF GARDEN CLUBS, INC33.45 -8,506.42

Deposit 06/24/2020 6390-MR JENNIFER FRANCOIS Club- AYR HILL GARCEN CLUB

50.00 -8,456.42

Check 06/26/2020 43752 Lookout Mountain Beautiful GC Plant America Grant 2020 - G.C. says they never rcvd ck#43008

1,000.00 -9,456.42

Total 111923 · Plant America - Restricted Fund 83.45 1,000.00 -9,456.42

111924 · Plant America - Endowment Fund 423,472.11Total 111924 · Plant America - Endowment Fund 423,472.11

221111 · JK Ground Improvement 2016-2017 1,153.60Total 221111 · JK Ground Improvement 2016-2017 1,153.60

Page 4 of 4

Vanguard Institutional Advisory Services®

Vanguard Institutional Advisory Services: 800-669-0498

June 30, 2020, fiscal year-to-date statementView your statements online at vanguard.com.

Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CJU

NE

M K

UM

ME

R F

UN

D44

01 M

AG

NO

LIA

AV

ES

AIN

T L

OU

IS M

O 6

3110

-340

6

20200702 080628R

SB

JM536

402A000000069858363

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9

Statement overview $2,252,765.06Total value of all accounts as of June 30, 2020

June 30, 2020, fiscal year-to-date statement

Vanguard Institutional Advisory Services®Vanguard Institutional Advisory Services: 800-669-0498

Page 2 of 12

20200702 080628R

SB

JM536

402A000000069858363

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCJUNE M KUMMER FUND

Corporation account $2,196,080.36 $2,252,765.06

Asset mix

Value on06/30/2020

¢ 59.6% Equity $1,342,352.00¢ 40.4% Fixed Income 910,413.06

$2,252,765.06

Your asset mix percentages are based on your holdings as of the prior month-end.

CDDLRREG


Account overview $2,252,765.06Total account value as of June 30, 2020

Corporation accountNATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND


20200702 080628R

SB

JM536

402A000000069858363

C

Page 3 of 12

Activity summary

Value on May 31, 2020 $2,196,080.36Purchases/withdrawals (no advice fees) 0.00

Advisory fees 0.00

Dividends, interest, and capital gains 7,056.68

Change in value 49,628.02

Value on June 30, 2020 $2,252,765.06

Year-to-date income Taxable income $7,056.68Nontaxable income 0.00Total $7,056.68

Cost basis summary (all investments)

Realized gain/lossFiscal year-to-date short-term $2,406.69Fiscal year-to-date long-term 5,222.59June short-term 2,406.69June long-term 5,222.59

Unrealized gain/loss 65,336.77

Balances and holdings for Vanguard funds

Beginning on January 1, 2012, new tax rules on taxable (nonretirement) mutual fund accounts (excluding money market funds) require Vanguard to track cost basisinformation for shares acquired and subsequently sold, on or after that date. Unless you select another method, sales of Vanguard mutual funds, but not ETFs, willdefault to the average cost method. For more information, visit vanguard.com/costbasis. Information related to the total cost of the investments and unrealized gain/lossmay not have been adjusted for in-kind asset transfers, wash sales or return of capital. Updated information will be included in any information that we report to the IRS.

Symbol Name Fund and accountAverage price

per share Total costUnrealized gains

and lossesBalance on05/31/2020

Balance on06/30/2020

VEXRX Explorer Fund Admiral 5024-88100622931 $86.95 $55,291.98 $4,858.56 $68,205.37 $60,150.54

VFIDX Inter-Term Invest-Gr Adm 0571-88100622931 10.28 93,635.45 2,171.63 84,181.99 95,807.08

VWETX Long-Term Invest-Gr Adm 0568-88100622931 11.55 79,214.84 1,910.60 71,689.50 81,125.44




Page 4 of 12

20200702 080628R

SB

JM536

402A000000069858363

C

Balances and holdings for Vanguard funds continued





VFSUX Short-Term Invest-Gr Adm 0539-88100622931 10.83 141,534.96 1,395.99 122,767.96 142,930.95

VSEQX Strategic Equity Fund 0114-88100622931 29.34 60,782.88 -1,813.45 63,323.45 58,969.43

VTABX Tot Intl Bond Ix Admiral 0511-88100622931 22.98 271,774.32 657.69 230,851.85 272,432.01

VTIAX Tot Intl Stock Ix Admiral 0569-88100622931 26.67 538,296.41 -3,496.33 539,900.05 534,800.08

VBTLX Total Bond Mkt Index Adm 0584-88100622931 11.35 311,024.22 7,093.36 277,548.63 318,117.58

VTSAX Total Stock Mkt Idx Adm 0585-88100622931 71.53 377,478.21 24,974.56 427,718.58 402,452.77

VWUAX U.S. Growth Fund Admiral 0523-88100622931 106.57 117,552.19 29,246.48 163,878.30 146,798.67

VWNAX Windsor II Fund Adm 0573-88100622931 58.42 140,842.83 -1,662.32 146,014.68 139,180.51

$2,196,080.36 $2,252,765.06

Account activity for Vanguard funds

Explorer Fund Admiral 5024-88100622931

Purchases Withdrawals Dividends

$0.00 -$10,098.71 $0.00

Date Transaction Amount Share priceShares

transactedTotal shares

owned Value

Beginning balance on 5/31/2020 $91.81 742.897 $68,205.3706/04 Exchange to IT IG Adm -$10,098.71 94.39 -106.989 635.908

Ending balance on 6/30/2020 $94.59 635.908 $60,150.54




Page 5 of 12

20200702 080628R

SB

JM536

402A000000069858363

C

Account activity for Vanguard funds continued

Inter-Term Invest-Gr Adm 0571-88100622931


$10,157.94 $0.00 $204.66

30-day SEC yield as of 06/30/2020* 1.79%

*Based on holdings' yield to maturity for last 30 days; distribution may differ. For updated information, visit vanguard.com.



owned Value

Beginning balance on 5/31/2020 $10.38 8,110.018 $84,181.9906/04 Exchange from US Gro Adm $59.23 10.39 5.701 8,115.71906/04 Exchange from Explore Ad 10,098.71 10.39 971.964 9,087.68306/30 Income dividend 204.66 10.52 19.454 9,107.137

Ending balance on 6/30/2020 $10.52 9,107.137 $95,807.08

Long-Term Invest-Gr Adm 0568-88100622931


$7,495.25 $0.00 $214.18





owned Value

Beginning balance on 5/31/2020 $11.59 6,185.462 $71,689.5006/04 Exchange from Str Equity $5,415.54 11.46 472.560 6,658.02206/04 Exchange from US Gro Adm 2,079.71 11.46 181.476 6,839.498




Page 6 of 12

20200702 080628R

SB

JM536

402A000000069858363

C


Long-Term Invest-Gr Adm 0568-88100622931 continued



owned Value

06/30 Income dividend 214.18 11.83 18.105 6,857.603


Short-Term Invest-Gr Adm 0539-88100622931


$18,758.93 $0.00 $282.26





owned Value

Beginning balance on 5/31/2020 $10.85 11,315.019 $122,767.9606/04 Exchange from US Gro Adm $9,240.70 10.88 849.329 12,164.34806/04 Exchange from Wdsr II Ad 9,518.23 10.88 874.837 13,039.18506/30 Income dividend 282.26 10.94 25.801 13,064.986


Strategic Equity Fund 0114-88100622931


$0.00 -$5,415.54 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000069858363

C


Strategic Equity Fund 0114-88100622931 continued



owned Value

Beginning balance on 5/31/2020 $28.06 2,256.716 $63,323.4506/04 Exchange to LT IG Adm -$5,415.54 29.32 -184.705 2,072.011


Tot Intl Bond Ix Admiral 0511-88100622931


$40,160.12 $0.00 $216.21





owned Value

Beginning balance on 5/31/2020 $22.95 10,058.904 $230,851.8506/04 Exchange from US Gro Adm $11,734.06 22.87 513.077 10,571.98106/04 Exchange from TIntSIAdm 28,426.06 22.87 1,242.941 11,814.92206/30 Income dividend .0183 216.21 23.04 9.384 11,824.306


Tot Intl Stock Ix Admiral 0569-88100622931


$0.00 -$28,426.06 $2,684.68




Page 8 of 12

20200702 080628R

SB

JM536

402A000000069858363

C


Tot Intl Stock Ix Admiral 0569-88100622931 continued



owned Value

Beginning balance on 5/31/2020 $25.54 21,139.391 $539,900.0506/04 Exchange to TIntBIxAdm -$28,426.06 26.83 -1,059.488 20,079.90306/19 Income dividend .1337 2,684.68 26.52 101.232 20,181.135


Total Bond Mkt Index Adm 0584-88100622931


$38,179.38 $0.00 $582.57





owned Value

Beginning balance on 5/31/2020 $11.55 24,030.184 $277,548.6306/04 Exchange from US Gro Adm $3,019.30 11.50 262.548 24,292.73206/04 Exchange from Ttl Ix Adm 35,160.08 11.50 3,057.398 27,350.13006/30 Income dividend 582.57 11.61 50.178 27,400.308


Total Stock Mkt Idx Adm 0585-88100622931


$0.00 -$35,160.08 $1,780.44




Page 9 of 12

20200702 080628R

SB

JM536

402A000000069858363

C


Total Stock Mkt Idx Adm 0585-88100622931 continued



owned Value

Beginning balance on 5/31/2020 $74.89 5,711.291 $427,718.5806/04 Exchange to Tl B Ix Ad -$35,160.08 76.82 -457.694 5,253.59706/24 Income dividend .3389 1,780.44 74.87 23.780 5,277.377


U.S. Growth Fund Admiral 0523-88100622931


$0.00 -$26,133.00 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 1,309.769 $163,878.3006/04 Exchange to TIntBIxAdm -$11,734.06 126.39 -92.840 1,216.92906/04 Exchange to Tl B Ix Ad -3,019.30 126.39 -23.889 1,193.04006/04 Exchange to LT IG Adm -2,079.71 126.39 -16.455 1,176.58506/04 Exchange to IT IG Adm -59.23 126.39 -0.469 1,176.11606/04 Exchange to ST IG Adm -9,240.70 126.39 -73.113 1,103.003


Windsor II Fund Adm 0573-88100622931


$0.00 -$9,518.23 $1,091.68




Page 10 of 12

20200702 080628R

SB

JM536

402A000000069858363

C


Windsor II Fund Adm 0573-88100622931 continued



owned Value

Beginning balance on 5/31/2020 $57.22 2,551.812 $146,014.6806/04 Exchange to ST IG Adm -$9,518.23 59.34 -160.402 2,391.41006/26 Income dividend .4565 1,091.68 56.05 19.477 2,410.887





Page 11 of 12

20200702 080628R

SB

JM536

402A000000069858363

C

Realized gains and losses

You can get cost basis information for both realized and unrealized gains and losses for your Vanguard account at vanguard.com.

Some or all of this information may be reported to the IRS on Form 1099-B Proceeds from Broker and Barter Exchange Transactions. Vanguard provides costbasis information using the average cost method for mutual funds and first in, first out for other holdings, unless you've selected another method. You maywant to consult a tax advisor to determine the appropriate method for you. Certain adjustments may change the basis we're currently reporting to you. Inthat event, we'll send you revised realized gain and loss information. A dash indicates the information on our system was incomplete at the time thisdocument was generated. See IRS Publication 550 (Investment Income and Expenses) for additional information.

Vanguard funds


Term Date sold Quantity Proceeds Total cost Gain/Loss Disallowed lossTotal gain/

Allowable loss

Short-termLong-term

06/0406/04

55.42351.566

$5,231.384,867.33

$4,819.004,483.64

$412.38383.69

$0.000.00

$412.38383.69



Allowable loss

Short-termLong-term

06/0406/04

34.068150.637

$998.874,416.67

$999.404,418.97

-$0.53-2.30

$0.000.00

-$0.53-2.30



Allowable loss

Short-termLong-term

06/0406/04

0.0001,059.488

$0.0028,426.06

$0.0028,260.80

$0.00165.26

$0.000.00

$0.00165.26




Page 12 of 12

20200702 080628R

SB

JM536

402A000000069858363

C

Realized gains and losses continued



Allowable loss

Short-termLong-term

06/0406/04

11.632446.062

$893.5734,266.51

$831.8431,898.99

$61.732,367.52

$0.000.00

$61.732,367.52



Allowable loss

Short-termLong-term

06/0406/04

0.0000.469

$0.0059.23

$0.0049.98

$0.009.25

$0.000.00

$0.009.25

Short-termLong-term

06/0406/04

7.99384.847

$1,010.2310,723.83

$851.859,042.54

$158.381,681.29

$0.000.00

$158.381,681.29

Short-termLong-term

06/0406/04

0.00023.889

$0.003,019.30

$0.002,545.96

$0.00473.34

$0.000.00

$0.00473.34

Short-termLong-term

06/0406/04

16.4550.000

$2,079.710.00

$1,753.690.00

$326.020.00

$0.000.00

$326.020.00

Short-termLong-term

06/0406/04

73.1130.000

$9,240.700.00

$7,791.990.00

$1,448.710.00

$0.000.00

$1,448.710.00

Total short-termTotal long-term

06/0406/04

97.561109.205

$12,330.6413,802.36

$10,397.5311,638.48

$1,933.112,163.88

$0.000.00

$1,933.112,163.88



Allowable loss

Short-termLong-term

06/0406/04

0.000160.402

$0.009,518.23

$0.009,373.69

$0.00144.54

$0.000.00

$0.00144.54




Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CE

ND

OW

ME

NT

FU

ND

4401

MA

GN

OLI

A A

VE

SA

INT

LO

UIS

MO

631

10-3

406

20200702 080628R

SB

JM536

402A000000019650842

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9

Statement overview $385,679.87Total value of all accounts as of June 30, 2020



Page 2 of 12

20200702 080628R

SB

JM536

402A000000019650842

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCENDOWMENT FUND

Corporation account $375,982.76 $385,679.87

Asset mix

Value on06/30/2020

¢ 59.6% Equity $229,813.70¢ 40.4% Fixed Income 155,866.17

$385,679.87


CDDLRREG


Account overview $385,679.87Total account value as of June 30, 2020

Corporation accountNATIONAL GARDEN CLUBS INC ENDOWMENT FUND


20200702 080628R

SB

JM536

402A000000019650842

C

Page 3 of 12

Activity summary

Value on May 31, 2020 $375,982.76Purchases/withdrawals (no advice fees) 0.00

Advisory fees 0.00



Value on June 30, 2020 $385,679.87



Realized gain/lossFiscal year-to-date short-term $0.00Fiscal year-to-date long-term 7,605.00June short-term 0.00June long-term 7,605.00














Page 4 of 12

20200702 080628R

SB

JM536

402A000000019650842

C






VFSUX Short-Term Invest-Gr Adm 0539-09969815081 10.74 24,017.22 453.11 21,027.82 24,470.33

VSEQX Strategic Equity Fund 0114-09969815081 22.18 7,867.26 2,228.53 10,802.17 10,095.79

VTABX Tot Intl Bond Ix Admiral 0511-09969815081 21.02 42,560.33 4,081.06 39,536.58 46,641.39

VTIAX Tot Intl Stock Ix Admiral 0569-09969815081 23.59 81,509.77 10,050.30 92,296.22 91,560.07




VWNAX Windsor II Fund Adm 0573-09969815081 52.43 21,641.88 2,186.35 24,973.78 23,828.23

$375,982.76 $385,679.87




$0.00 -$1,712.27 $0.00



owned Value






Page 5 of 12

20200702 080628R

SB

JM536

402A000000019650842

C




$1,735.16 $0.00 $35.04





owned Value

Beginning balance on 5/31/2020 $10.38 1,388.842 $14,416.1806/04 Exchange from US Gro Adm $22.89 10.39 2.203 1,391.04506/04 Exchange from Explore Ad 1,712.27 10.39 164.800 1,555.84506/30 Income dividend 35.04 10.52 3.331 1,559.176




$1,291.71 $0.00 $36.67





owned Value

Beginning balance on 5/31/2020 $11.59 1,058.237 $12,264.9706/04 Exchange from Str Equity $886.37 11.46 77.345 1,135.58206/04 Exchange from US Gro Adm 405.34 11.46 35.370 1,170.952




Page 6 of 12

20200702 080628R

SB

JM536

402A000000019650842

C





owned Value

06/30 Income dividend 36.67 11.83 3.100 1,174.052




$3,202.09 $0.00 $48.33





owned Value

Beginning balance on 5/31/2020 $10.85 1,938.048 $21,027.8206/04 Exchange from US Gro Adm $1,597.89 10.88 146.865 2,084.91306/04 Exchange from Wdsr II Ad 1,604.20 10.88 147.445 2,232.35806/30 Income dividend 48.33 10.94 4.418 2,236.776




$0.00 -$886.37 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000019650842

C





owned Value

Beginning balance on 5/31/2020 $28.06 384.967 $10,802.1706/04 Exchange to LT IG Adm -$886.37 29.32 -30.231 354.736




$6,861.73 $0.00 $37.02





owned Value

Beginning balance on 5/31/2020 $22.95 1,722.727 $39,536.5806/04 Exchange from US Gro Adm $2,138.98 22.87 93.528 1,816.25506/04 Exchange from TIntSIAdm 4,722.75 22.87 206.504 2,022.75906/30 Income dividend .0183 37.02 23.04 1.607 2,024.366




$0.00 -$4,722.75 $459.63




Page 8 of 12

20200702 080628R

SB

JM536

402A000000019650842

C





owned Value

Beginning balance on 5/31/2020 $25.54 3,613.791 $92,296.2206/04 Exchange to TIntBIxAdm -$4,722.75 26.83 -176.025 3,437.76606/19 Income dividend .1337 459.63 26.52 17.331 3,455.097




$6,523.04 $0.00 $99.74





owned Value

Beginning balance on 5/31/2020 $11.55 4,115.221 $47,530.8006/04 Exchange from US Gro Adm $456.59 11.50 39.703 4,154.92406/04 Exchange from Ttl Ix Adm 6,066.45 11.50 527.517 4,682.44106/30 Income dividend 99.74 11.61 8.591 4,691.032




$0.00 -$6,066.45 $304.82




Page 9 of 12

20200702 080628R

SB

JM536

402A000000019650842

C





owned Value

Beginning balance on 5/31/2020 $74.89 978.403 $73,272.6006/04 Exchange to Tl B Ix Ad -$6,066.45 76.82 -78.970 899.43306/24 Income dividend .3389 304.82 74.87 4.071 903.504




$0.00 -$4,621.69 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 225.389 $28,200.6706/04 Exchange to TIntBIxAdm -$2,138.98 126.39 -16.924 208.46506/04 Exchange to ST IG Adm -1,597.89 126.39 -12.643 195.82206/04 Exchange to IT IG Adm -22.89 126.39 -0.181 195.64106/04 Exchange to LT IG Adm -405.34 126.39 -3.207 192.43406/04 Exchange to Tl B Ix Ad -456.59 126.39 -3.613 188.821




$0.00 -$1,604.20 $186.90




Page 10 of 12

20200702 080628R

SB

JM536

402A000000019650842

C





owned Value

Beginning balance on 5/31/2020 $57.22 436.452 $24,973.7806/04 Exchange to ST IG Adm -$1,604.20 59.34 -27.034 409.41806/26 Income dividend .4565 186.90 56.05 3.335 412.753





Page 11 of 12

20200702 080628R

SB

JM536

402A000000019650842

C




Vanguard funds



Allowable loss

Short-termLong-term

06/0406/04

0.00018.140

$0.001,712.27

$0.001,285.24

$0.00427.03

$0.000.00

$0.00427.03



Allowable loss

Short-termLong-term

06/0406/04

0.00030.231

$0.00886.37

$0.00670.46

$0.00215.91

$0.000.00

$0.00215.91



Allowable loss

Short-termLong-term

06/0406/04

0.000176.025

$0.004,722.75

$0.004,150.04

$0.00572.71

$0.000.00

$0.00572.71




Page 12 of 12

20200702 080628R

SB

JM536

402A000000019650842

C




Allowable loss

Short-termLong-term

06/0406/04

0.00078.970

$0.006,066.45

$0.002,535.98

$0.003,530.47

$0.000.00

$0.003,530.47



Allowable loss

Short-termLong-term

06/0406/04

0.0000.181

$0.0022.89

$0.009.65

$0.0013.24

$0.000.00

$0.0013.24

Short-termLong-term

06/0406/04

0.00012.643

$0.001,597.89

$0.00674.31

$0.00923.58

$0.000.00

$0.00923.58

Short-termLong-term

06/0406/04

0.0003.207

$0.00405.34

$0.00171.04

$0.00234.30

$0.000.00

$0.00234.30

Short-termLong-term

06/0406/04

0.0003.613

$0.00456.59

$0.00192.70

$0.00263.89

$0.000.00

$0.00263.89

Short-termLong-term

06/0406/04

0.00016.924

$0.002,138.98

$0.00902.63

$0.001,236.35

$0.000.00

$0.001,236.35


06/0406/04

0.00036.568

$0.004,621.69

$0.001,950.33

$0.002,671.36

$0.000.00

$0.002,671.36



Allowable loss

Short-termLong-term

06/0406/04

0.00027.034

$0.001,604.20

$0.001,416.68

$0.00187.52

$0.000.00

$0.00187.52

Intermediary Services: 800-669-0498

June 30, 2020, year-to-date statementView your statements online at vanguard.com.

Page 1 of 4

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CO

PE

RA

TIN

G F

UN

DS

4401

MA

GN

OLI

A A

VE

SA

INT

LO

UIS

MO

631

10-3

406

20200701 194421R

SB

JMF16

100A000000022398229

L

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9



June 30, 2020, year-to-date statement Page 2 of 4

20200701 194421R

SB

JMF16

100A000000022398229

L

Accounts Value on

12/31/2019Value on

06/30/2020

NATIONAL GARDEN CLUBS INCOPERATING FUNDS


Asset mix

Value on06/30/2020

60.0% Stocks $180,822.62

40.0% Bonds 120,548.42

0.0% Short-term reserves 0.00

0.0% Other 0.00

$301,371.04


CDDLRREG



Corporation accountNATIONAL GARDEN CLUBS INC OPERATING FUNDS

June 30, 2020, year-to-date statement

20200701 194421R

SB

JMF16

100A000000022398229

L

Page 3 of 4



Beginning on January 1, 2012, new tax rules on taxable (nonretirement) mutual fund accounts (excluding money market funds) require Vanguard to track cost basisinformation for shares acquired and subsequently sold, on or after that date. Unless you select another method, sales of Vanguard mutual funds, but not ETFs, willdefault to the average cost method. For more information, visit vanguard.com/costbasis.


per share Total cost Balance on

12/31/2019Balance on06/30/2020

VBIAX Balanced Index Fund Adm 0502-09977054151 $21.59 $166,278.04 $298,338.70 $301,371.04

$298,338.70 $301,371.04


Balanced Index Fund Adm 0502-09977054151

Purchases Withdrawals DividendsShort-term

capital gainsLong-term

capital gains

$0.00 $0.00 $2,884.05 $114.07 $418.27



owned Value

Beginning balance on 12/31/2019 $39.23 7,604.861 $298,338.70

June 30, 2020, year-to-date statement

Corporation accountNATIONAL GARDEN CLUBS INC OPERATING FUNDS


Page 4 of 4

20200701 194421R

SB

JMF16

100A000000022398229

L


Balanced Index Fund Adm 0502-09977054151 continued



owned Value

03/25 Income dividend .2012 $1,530.10 33.31 45.935 7,650.79603/25 ST cap gain .015 114.07 33.31 3.424 7,654.22003/25 LT cap gain .055 418.27 33.31 12.557 7,666.77706/24 Income dividend .1766 1,353.95 38.67 35.013 7,701.790





Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CP

ER

MA

NE

NT

HO

ME

& E

ND

WM

NT

FU

ND

4401

MA

GN

OLI

A A

VE

SA

INT

LO

UIS

MO

631

10-3

406

20200702 080628R

SB

JM536

402A000000070420965

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9




Page 2 of 12

20200702 080628R

SB

JM536

402A000000070420965

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCPERMANENT HOME & ENDWMNT FUND


Asset mix

Value on06/30/2020

¢ 59.6% Equity $4,313,943.77¢ 40.4% Fixed Income 2,925,837.79

$7,239,781.56


CDDLRREG



Corporation accountNATIONAL GARDEN CLUBS INC PERMANENT HOME & ENDWMNT FUND


20200702 080628R

SB

JM536

402A000000070420965

C

Page 3 of 12

Activity summary


Advisory fees 0.00



Value on June 30, 2020 $7,239,781.56




Unrealized gain/loss 1,562,482.42













Page 4 of 12

20200702 080628R

SB

JM536

402A000000070420965

C









VTIAX Tot Intl Stock Ix Admiral 0569-09934306952 23.72 1,538,578.23 180,140.64 1,732,168.52 1,718,718.87

VBTLX Total Bond Mkt Index Adm 0584-09934306952 10.57 931,135.94 91,213.02 892,199.05 1,022,348.96

VTSAX Total Stock Mkt Idx Adm 0585-09934306952 32.22 546,472.67 746,904.94 1,375,674.11 1,293,377.61



$7,057,757.68 $7,239,781.56




$0.00 -$32,170.35 $0.00



owned Value

Beginning balance on 5/31/2020 $91.81 2,384.501 $218,921.0406/04 Exchange to IT IG Adm -$32,170.35 94.39 -340.824 2,043.677





Page 5 of 12

20200702 080628R

SB

JM536

402A000000070420965

C




$32,578.72 $0.00 $657.75





owned Value

Beginning balance on 5/31/2020 $10.38 26,069.921 $270,605.7806/04 Exchange from US Gro Adm $408.37 10.39 39.304 26,109.22506/04 Exchange from Explore Ad 32,170.35 10.39 3,096.280 29,205.50506/30 Income dividend 657.75 10.52 62.524 29,268.029




$24,253.53 $0.00 $688.27





owned Value

Beginning balance on 5/31/2020 $11.59 19,864.125 $230,225.2106/04 Exchange from Str Equity $16,652.79 11.46 1,453.123 21,317.24806/04 Exchange from US Gro Adm 7,600.74 11.46 663.241 21,980.489




Page 6 of 12

20200702 080628R

SB

JM536

402A000000070420965

C





owned Value

06/30 Income dividend 688.27 11.83 58.180 22,038.669




$60,118.77 $0.00 $907.14





owned Value

Beginning balance on 5/31/2020 $10.85 36,379.032 $394,712.5006/04 Exchange from US Gro Adm $29,913.83 10.88 2,749.433 39,128.46506/04 Exchange from Wdsr II Ad 30,204.94 10.88 2,776.189 41,904.65406/30 Income dividend 907.14 10.94 82.920 41,987.574




$0.00 -$16,652.79 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000070420965

C





owned Value





$128,824.94 $0.00 $694.85





owned Value

Beginning balance on 5/31/2020 $22.95 32,337.252 $742,139.9306/04 Exchange from US Gro Adm $40,559.31 22.87 1,773.472 34,110.72406/04 Exchange from TIntSIAdm 88,265.63 22.87 3,859.450 37,970.17406/30 Income dividend .0183 694.85 23.04 30.158 38,000.332




$0.00 -$88,265.63 $8,627.93




Page 8 of 12

20200702 080628R

SB

JM536

402A000000070420965

C





owned Value

Beginning balance on 5/31/2020 $25.54 67,821.790 $1,732,168.5206/04 Exchange to TIntBIxAdm -$88,265.63 26.83 -3,289.811 64,531.97906/19 Income dividend .1337 8,627.93 26.52 325.337 64,857.316

Ending balance on 6/30/2020 $26.50 64,857.316 $1,718,718.87



$122,471.36 $0.00 $1,872.29





owned Value

Beginning balance on 5/31/2020 $11.55 77,246.671 $892,199.0506/04 Exchange from US Gro Adm $8,348.98 11.50 725.998 77,972.66906/04 Exchange from Ttl Ix Adm 114,122.38 11.50 9,923.685 87,896.35406/30 Income dividend 1,872.29 11.61 161.265 88,057.619




$0.00 -$114,122.38 $5,721.88




Page 9 of 12

20200702 080628R

SB

JM536

402A000000070420965

C





owned Value

Beginning balance on 5/31/2020 $74.89 18,369.263 $1,375,674.1106/04 Exchange to Tl B Ix Ad -$114,122.38 76.82 -1,485.582 16,883.68106/24 Income dividend .3389 5,721.88 74.87 76.424 16,960.105




$0.00 -$86,831.23 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 4,231.472 $529,441.7806/04 Exchange to TIntBIxAdm -$40,559.31 126.39 -320.906 3,910.56606/04 Exchange to IT IG Adm -408.37 126.39 -3.231 3,907.33506/04 Exchange to Tl B Ix Ad -8,348.98 126.39 -66.057 3,841.27806/04 Exchange to LT IG Adm -7,600.74 126.39 -60.137 3,781.14106/04 Exchange to ST IG Adm -29,913.83 126.39 -236.679 3,544.462




$0.00 -$30,204.94 $3,508.38




Page 10 of 12

20200702 080628R

SB

JM536

402A000000070420965

C





owned Value






Page 11 of 12

20200702 080628R

SB

JM536

402A000000070420965

C




Vanguard funds



Allowable loss

Short-termLong-term

06/0406/04

0.000340.824

$0.0032,170.35

$0.0024,145.84

$0.008,024.51

$0.000.00

$0.008,024.51



Allowable loss

Short-termLong-term

06/0406/04

0.000567.967

$0.0016,652.79

$0.0012,729.08

$0.003,923.71

$0.000.00

$0.003,923.71



Allowable loss

Short-termLong-term

06/0406/04

0.0003,289.811

$0.0088,265.63

$0.0077,996.17

$0.0010,269.46

$0.000.00

$0.0010,269.46




Page 12 of 12

20200702 080628R

SB

JM536

402A000000070420965

C




Allowable loss

Short-termLong-term

06/0406/04

0.0001,485.582

$0.00114,122.38

$0.0047,580.24

$0.0066,542.14

$0.000.00

$0.0066,542.14



Allowable loss

Short-termLong-term

06/0406/04

0.00060.137

$0.007,600.74

$0.003,209.47

$0.004,391.27

$0.000.00

$0.004,391.27

Short-termLong-term

06/0406/04

0.0003.231

$0.00408.37

$0.00172.44

$0.00235.93

$0.000.00

$0.00235.93

Short-termLong-term

06/0406/04

0.000236.679

$0.0029,913.83

$0.0012,631.39

$0.0017,282.44

$0.000.00

$0.0017,282.44

Short-termLong-term

06/0406/04

0.000320.906

$0.0040,559.31

$0.0017,126.53

$0.0023,432.78

$0.000.00

$0.0023,432.78

Short-termLong-term

06/0406/04

0.00066.057

$0.008,348.98

$0.003,525.42

$0.004,823.56

$0.000.00

$0.004,823.56


06/0406/04

0.000687.010

$0.0086,831.23

$0.0036,665.25

$0.0050,165.98

$0.000.00

$0.0050,165.98



Allowable loss

Short-termLong-term

06/0406/04

0.000509.015

$0.0030,204.94

$0.0026,754.55

$0.003,450.39

$0.000.00

$0.003,450.39




Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CD

EE

N D

AY

SA

ND

ER

S F

UN

D44

01 M

AG

NO

LIA

AV

ES

AIN

T L

OU

IS M

O 6

3110

-340

6

20200702 080628R

SB

JM536

402A000000068674774

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9




Page 2 of 12

20200702 080628R

SB

JM536

402A000000068674774

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCDEEN DAY SANDERS FUND


Asset mix

Value on06/30/2020

¢ 59.5% Equity $339,239.32¢ 40.5% Fixed Income 230,670.87

$569,910.19


CDDLRREG



Corporation accountNATIONAL GARDEN CLUBS INC DEEN DAY SANDERS FUND


20200702 080628R

SB

JM536

402A000000068674774

C

Page 3 of 12

Activity summary

Value on May 31, 2020 $557,328.94Purchases/withdrawals (no advice fees) 0.00

Advisory fees 0.00



Value on June 30, 2020 $569,910.19











VEXRX Explorer Fund Admiral 5024-88092678080 - - - $17,354.02 $15,264.93

VFIDX Inter-Term Invest-Gr Adm 0571-88092678080 9.98 23,018.48 $1,244.20 21,295.17 24,262.68





Page 4 of 12

20200702 080628R

SB

JM536

402A000000068674774

C






VFSUX Short-Term Invest-Gr Adm 0539-88092678080 10.74 35,550.93 651.31 31,076.92 36,202.24

VSEQX Strategic Equity Fund 0114-88092678080 30.16 15,857.35 -891.69 16,082.08 14,965.66


VTIAX Tot Intl Stock Ix Admiral 0569-88092678080 26.55 135,320.87 -276.34 136,880.53 135,044.53




VWNAX Windsor II Fund Adm 0573-88092678080 64.40 39,083.88 -4,046.97 37,179.90 35,036.91

$557,328.94 $569,910.19




$0.00 -$2,609.07 $0.00



owned Value






Page 5 of 12

20200702 080628R

SB

JM536

402A000000068674774

C




$2,647.16 $0.00 $51.92





owned Value

Beginning balance on 5/31/2020 $10.38 2,051.558 $21,295.1706/04 Exchange from US Gro Adm $38.09 10.39 3.666 2,055.22406/04 Exchange from Explore Ad 2,609.07 10.39 251.114 2,306.33806/30 Income dividend cash 51.92 2,306.338




$2,009.34 $0.00 $54.32





owned Value

Beginning balance on 5/31/2020 $11.59 1,560.486 $18,086.0306/04 Exchange from Str Equity $1,386.35 11.46 120.973 1,681.45906/04 Exchange from US Gro Adm 622.99 11.46 54.362 1,735.821




Page 6 of 12

20200702 080628R

SB

JM536

402A000000068674774

C





owned Value

06/30 Income dividend cash 54.32 1,735.821




$4,840.85 $0.00 $71.61





owned Value

Beginning balance on 5/31/2020 $10.85 2,864.232 $31,076.9206/04 Exchange from US Gro Adm $2,297.48 10.88 211.165 3,075.39706/04 Exchange from Wdsr II Ad 2,543.37 10.88 233.766 3,309.16306/30 Income dividend cash 71.61 3,309.163




$0.00 -$1,386.35 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000068674774

C





owned Value

Beginning balance on 5/31/2020 $28.06 573.132 $16,082.0806/04 Exchange to LT IG Adm -$1,386.35 29.32 -47.283 525.849




$10,104.52 $0.00 $54.87





owned Value

Beginning balance on 5/31/2020 $22.95 2,556.647 $58,675.0506/04 Exchange from US Gro Adm $3,036.51 22.87 132.773 2,689.42006/04 Exchange from TIntSIAdm 7,068.01 22.87 309.052 2,998.47206/30 Income div cash .0183 54.87 2,998.472




$0.00 -$7,068.01 $681.34




Page 8 of 12

20200702 080628R

SB

JM536

402A000000068674774

C





owned Value

Beginning balance on 5/31/2020 $25.54 5,359.457 $136,880.5306/04 Exchange to TIntBIxAdm -$7,068.01 26.83 -263.437 5,096.02006/19 Income div cash .1337 681.34 5,096.020




$9,858.28 $0.00 $147.81





owned Value

Beginning balance on 5/31/2020 $11.55 6,083.878 $70,268.7906/04 Exchange from US Gro Adm $995.43 11.50 86.559 6,170.43706/04 Exchange from Ttl Ix Adm 8,862.85 11.50 770.683 6,941.12006/30 Income dividend cash 147.81 6,941.120




$0.00 -$8,862.85 $451.85




Page 9 of 12

20200702 080628R

SB

JM536

402A000000068674774

C





owned Value

Beginning balance on 5/31/2020 $74.89 1,448.666 $108,490.6006/04 Exchange to Tl B Ix Ad -$8,862.85 76.82 -115.372 1,333.29406/24 Income div cash .3389 451.85 1,333.294




$0.00 -$6,990.50 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 335.197 $41,939.8506/04 Exchange to TIntBIxAdm -$3,036.51 126.39 -24.025 311.17206/04 Exchange to ST IG Adm -2,297.48 126.39 -18.178 292.99406/04 Exchange to LT IG Adm -622.99 126.39 -4.929 288.06506/04 Exchange to IT IG Adm -38.09 126.39 -0.301 287.76406/04 Exchange to Tl B Ix Ad -995.43 126.39 -7.876 279.888




$0.00 -$2,543.37 $277.05




Page 10 of 12

20200702 080628R

SB

JM536

402A000000068674774

C





owned Value

Beginning balance on 5/31/2020 $57.22 649.771 $37,179.9006/04 Exchange to ST IG Adm -$2,543.37 59.34 -42.861 606.91006/26 Income div cash .4565 277.05 606.910





Page 11 of 12

20200702 080628R

SB

JM536

402A000000068674774

C




Vanguard funds



Allowable loss

Short-termLong-term

06/0406/04

0.00047.283

$0.001,386.35

$0.001,425.85

$0.00-39.50

$0.000.00

$0.00-39.50



Allowable loss

Short-termLong-term

06/0406/04

0.000263.437

$0.007,068.01

$0.006,995.37

$0.0072.64

$0.000.00

$0.0072.64



Allowable loss

Short-termLong-term

06/0406/04

0.000115.372

$0.008,862.85

$0.005,950.11

$0.002,912.74

$0.000.00

$0.002,912.74




Page 12 of 12

20200702 080628R

SB

JM536

402A000000068674774

C




Allowable loss

Short-termLong-term

06/0406/04

0.0000.301

$0.0038.09

$0.0024.48

$0.0013.61

$0.000.00

$0.0013.61

Short-termLong-term

06/0406/04

0.00018.178

$0.002,297.48

$0.001,478.37

$0.00819.11

$0.000.00

$0.00819.11

Short-termLong-term

06/0406/04

0.00024.025

$0.003,036.51

$0.001,953.90

$0.001,082.61

$0.000.00

$0.001,082.61

Short-termLong-term

06/0406/04

0.0004.929

$0.00622.99

$0.00400.86

$0.00222.13

$0.000.00

$0.00222.13

Short-termLong-term

06/0406/04

0.0007.876

$0.00995.43

$0.00640.54

$0.00354.89

$0.000.00

$0.00354.89


06/0406/04

0.00055.309

$0.006,990.50

$0.004,498.15

$0.002,492.35

$0.000.00

$0.002,492.35



Allowable loss

Short-termLong-term

06/0406/04

0.00042.861

$0.002,543.37

$0.002,760.17

$0.00-216.80

$0.000.00

$0.00-216.80




Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CS

CH

OLA

RS

HIP

FU

ND

4401

MA

GN

OLI

A A

VE

SA

INT

LO

UIS

MO

631

10-3

406

20200702 080628R

SB

JM536

402A000000070420246

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9




Page 2 of 12

20200702 080628R

SB

JM536

402A000000070420246

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCSCHOLARSHIP FUND


Asset mix

Value on06/30/2020


$4,942,134.20


CDDLRREG



Corporation accountNATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND


20200702 080628R

SB

JM536

402A000000070420246

C

Page 3 of 12

Activity summary


Advisory fees 0.00



Value on June 30, 2020 $4,942,134.20




Unrealized gain/loss 1,075,231.19













Page 4 of 12

20200702 080628R

SB

JM536

402A000000070420246

C









VTIAX Tot Intl Stock Ix Admiral 0569-09934306648 23.69 1,048,696.23 124,567.34 1,181,068.21 1,173,263.57





$4,817,905.33 $4,942,134.20




$0.00 -$22,056.07 $0.00



owned Value






Page 5 of 12

20200702 080628R

SB

JM536

402A000000070420246

C




$22,270.48 $0.00 $449.00





owned Value





$16,582.24 $0.00 $469.83





owned Value





Page 6 of 12

20200702 080628R

SB

JM536

402A000000070420246

C





owned Value

06/30 Income dividend 469.83 11.83 39.715 15,044.413




$41,085.07 $0.00 $619.24





owned Value





$0.00 -$11,351.27 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000070420246

C





owned Value





$88,024.44 $0.00 $474.33





owned Value





$0.00 -$58,807.36 $5,889.75




Page 8 of 12

20200702 080628R

SB

JM536

402A000000070420246

C





owned Value





$83,705.27 $0.00 $1,278.07





owned Value





$0.00 -$78,876.12 $3,905.95




Page 9 of 12

20200702 080628R

SB

JM536

402A000000070420246

C





owned Value

Beginning balance on 5/31/2020 $74.89 12,552.143 $940,029.9906/04 Exchange to Tl B Ix Ad -$78,876.12 76.82 -1,026.765 11,525.37806/24 Income dividend .3389 3,905.95 74.87 52.170 11,577.548




$0.00 -$59,632.62 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 2,891.354 $361,766.2106/04 Exchange to LT IG Adm -$5,230.97 126.39 -41.388 2,849.96606/04 Exchange to IT IG Adm -214.41 126.39 -1.696 2,848.27006/04 Exchange to ST IG Adm -20,141.01 126.39 -159.356 2,688.91406/04 Exchange to Tl B Ix Ad -4,829.15 126.39 -38.208 2,650.70606/04 Exchange to TIntBIxAdm -29,217.08 126.39 -231.166 2,419.540




$0.00 -$20,944.06 $2,394.95




Page 10 of 12

20200702 080628R

SB

JM536

402A000000070420246

C





owned Value






Page 11 of 12

20200702 080628R

SB

JM536

402A000000070420246

C




Vanguard funds



Allowable loss

Short-termLong-term

06/0406/04

0.000233.670

$0.0022,056.07

$0.0016,395.03

$0.005,661.04

$0.000.00

$0.005,661.04



Allowable loss

Short-termLong-term

06/0406/04

0.000387.151

$0.0011,351.27

$0.008,583.27

$0.002,768.00

$0.000.00

$0.002,768.00



Allowable loss

Short-termLong-term

06/0406/04

0.0002,191.851

$0.0058,807.36

$0.0051,885.86

$0.006,921.50

$0.000.00

$0.006,921.50




Page 12 of 12

20200702 080628R

SB

JM536

402A000000070420246

C




Allowable loss

Short-termLong-term

06/0406/04

0.0001,026.765

$0.0078,876.12

$0.0032,454.75

$0.0046,421.37

$0.000.00

$0.0046,421.37



Allowable loss

Short-termLong-term

06/0406/04

0.00038.208

$0.004,829.15

$0.002,038.04

$0.002,791.11

$0.000.00

$0.002,791.11

Short-termLong-term

06/0406/04

0.0001.696

$0.00214.41

$0.0090.47

$0.00123.94

$0.000.00

$0.00123.94

Short-termLong-term

06/0406/04

0.000159.356

$0.0020,141.01

$0.008,500.15

$0.0011,640.86

$0.000.00

$0.0011,640.86

Short-termLong-term

06/0406/04

0.000231.166

$0.0029,217.08

$0.0012,330.54

$0.0016,886.54

$0.000.00

$0.0016,886.54

Short-termLong-term

06/0406/04

0.00041.388

$0.005,230.97

$0.002,207.66

$0.003,023.31

$0.000.00

$0.003,023.31


06/0406/04

0.000471.814

$0.0059,632.62

$0.0025,166.86

$0.0034,465.76

$0.000.00

$0.0034,465.76



Allowable loss

Short-termLong-term

06/0406/04

0.000352.950

$0.0020,944.06

$0.0018,504.66

$0.002,439.40

$0.000.00

$0.002,439.40




Page 1 of 12

NA

TIO

NA

L G

AR

DE

N C

LUB

S IN

CW

ILD

FLO

WE

R F

UN

D44

01 M

AG

NO

LIA

AV

ES

AIN

T L

OU

IS M

O 6

3110

-340

6

20200702 080628R

SB

JM536

402A000000070420022

C

Do

No

t U

se F

or

Acc

ou

nt

Tra

nsa

ctio

ns

PO

BO

X 3

009

MO

NR

OE

, WI 5

3566

-830

9




Page 2 of 12

20200702 080628R

SB

JM536

402A000000070420022

C

Accounts Value on

05/31/2020Value on

06/30/2020

NATIONAL GARDEN CLUBS INCWILDFLOWER FUND


Asset mix

Value on06/30/2020


$4,558,147.04


CDDLRREG



Corporation accountNATIONAL GARDEN CLUBS INC WILDFLOWER FUND


20200702 080628R

SB

JM536

402A000000070420022

C

Page 3 of 12

Activity summary


Advisory fees 0.00



Value on June 30, 2020 $4,558,147.04

















Page 4 of 12

20200702 080628R

SB

JM536

402A000000070420022

C









VTIAX Tot Intl Stock Ix Admiral 0569-09934283761 23.59 963,431.02 118,675.02 1,089,005.81 1,082,106.04





$4,443,576.68 $4,558,147.04




$0.00 -$20,366.60 $0.00



owned Value






Page 5 of 12

20200702 080628R

SB

JM536

402A000000070420022

C




$20,548.67 $0.00 $414.11





owned Value





$15,301.19 $0.00 $433.32





owned Value





Page 6 of 12

20200702 080628R

SB

JM536

402A000000070420022

C





owned Value

06/30 Income dividend 433.32 11.83 36.629 13,875.520




$37,904.03 $0.00 $571.12





owned Value





$0.00 -$10,424.26 $0.00




Page 7 of 12

20200702 080628R

SB

JM536

402A000000070420022

C





owned Value





$81,208.84 $0.00 $437.48





owned Value





$0.00 -$53,924.74 $5,432.15




Page 8 of 12

20200702 080628R

SB

JM536

402A000000070420022

C





owned Value





$77,229.73 $0.00 $1,178.76





owned Value





$0.00 -$72,990.43 $3,602.47




Page 9 of 12

20200702 080628R

SB

JM536

402A000000070420022

C





owned Value

Beginning balance on 5/31/2020 $74.89 11,580.037 $867,228.9706/04 Exchange to Tl B Ix Ad -$72,990.43 76.82 -950.149 10,629.88806/24 Income dividend .3389 3,602.47 74.87 48.116 10,678.004




$0.00 -$55,087.89 $0.00



owned Value

Beginning balance on 5/31/2020 $125.12 2,667.397 $333,744.7106/04 Exchange to Tl B Ix Ad -$4,239.30 126.39 -33.541 2,633.85606/04 Exchange to ST IG Adm -18,505.49 126.39 -146.416 2,487.44006/04 Exchange to TIntBIxAdm -27,284.10 126.39 -215.872 2,271.56806/04 Exchange to LT IG Adm -4,876.93 126.39 -38.586 2,232.98206/04 Exchange to IT IG Adm -182.07 126.39 -1.441 2,231.541




$0.00 -$19,398.54 $2,208.87




Page 10 of 12

20200702 080628R

SB

JM536

402A000000070420022

C





owned Value






Page 11 of 12

20200702 080628R

SB

JM536

402A000000070420022

C




Vanguard funds



Allowable loss

Short-termLong-term

06/0406/04

0.000215.771

$0.0020,366.60

$0.0015,284.77

$0.005,081.83

$0.000.00

$0.005,081.83



Allowable loss

Short-termLong-term

06/0406/04

0.000355.534

$0.0010,424.26

$0.007,919.22

$0.002,505.04

$0.000.00

$0.002,505.04



Allowable loss

Short-termLong-term

06/0406/04

0.0002,009.867

$0.0053,924.74

$0.0047,390.62

$0.006,534.12

$0.000.00

$0.006,534.12




Page 12 of 12

20200702 080628R

SB

JM536

402A000000070420022

C




Allowable loss

Short-termLong-term

06/0406/04

0.000950.149

$0.0072,990.43

$0.0029,964.36

$0.0043,026.07

$0.000.00

$0.0043,026.07



Allowable loss

Short-termLong-term

06/0406/04

0.00033.541

$0.004,239.30

$0.001,789.31

$0.002,449.99

$0.000.00

$0.002,449.99

Short-termLong-term

06/0406/04

0.000146.416

$0.0018,505.49

$0.007,810.85

$0.0010,694.64

$0.000.00

$0.0010,694.64

Short-termLong-term

06/0406/04

0.000215.872

$0.0027,284.10

$0.0011,516.11

$0.0015,767.99

$0.000.00

$0.0015,767.99

Short-termLong-term

06/0406/04

0.0001.441

$0.00182.07

$0.0076.87

$0.00105.20

$0.000.00

$0.00105.20

Short-termLong-term

06/0406/04

0.00038.586

$0.004,876.93

$0.002,058.45

$0.002,818.48

$0.000.00

$0.002,818.48


06/0406/04

0.000435.856

$0.0055,087.89

$0.0023,251.59

$0.0031,836.30

$0.000.00

$0.0031,836.30



Allowable loss

Short-termLong-term

06/0406/04

0.000326.905

$0.0019,398.54

$0.0017,278.21

$0.002,120.33

$0.000.00

$0.002,120.33

Monthly Performance Report

Period Ending June 30, 2020

NATIONAL GARDEN CLUBS INCWILDFLOWER FUND

PREPARED FOR

For institutional use only. Not for distribution to retail investors.

Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC WILDFLOWER FUND 4,558,147 2.42 15.00 -0.93 5.23 6.43 6.32 8.42 6.72 Dec-03NATIONAL GARDEN CLUBS INC WILDFLOWER FUND (Net) 2.42 14.95 -1.01 5.05 6.25 6.14 8.23 6.51

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.73 Dec-03XXXXX

- Composite Benchmark = 12% Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Hedged / 28% Spliced Bloomberg Barclays US Aggregate Float Adjusted Index / 24% Spliced TotalInternational Stock Index / 36% Spliced Total Stock Market Index

Current % Policy Difference*_

US Equity $1,633,938 35.8% 36.0% -0.2%Non-US Equity $1,082,106 23.7% 24.0% -0.3%US Fixed Income $1,290,872 28.3% 28.0% 0.3%Non-US Fixed Income $551,231 12.1% 12.0% 0.1%Total $4,558,147 100.0% 100.0%

XXXXX

*Difference between Policy and Current Allocation

Returns greater than one year represent annualized returns. Returns less than one year represent cumulative returns.

Gross of Advisory Fee returns reflect the deduction of fund expense ratios and any other security-level expenses.

1

Total Portfolio Performance & Asset AllocationPerformance Summary ending June 30, 2020

Current Allocation as of June 30, 2020

Current $ Current % Policy Difference*

Net of Fee returns reflect the deduction of fund expense ratios, any purchase or redemption fees, and VIAS advisory fee applied to the client portfolio.

NATIONAL GARDEN CLUBS INC WILDFLOWER FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC WILDFLOWER FUND 4,558,147 100.00 2.42 15.00 -0.93 5.23 6.43 6.32 8.42 6.72 Dec-03NATIONAL GARDEN CLUBS INC WILDFLOWER FUND (Net) 2.42 14.95 -1.01 5.05 6.25 6.14 8.23 6.51

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.73 Dec-03

Total Equity 2,716,044 59.59 3.45 22.30 -5.17 3.12 6.85 7.01 10.93 7.39 Dec-03

Equity Domestic 1,633,938 35.85 2.91 25.05 -1.57 7.95 10.68 10.04 13.94 8.96 May-04Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.94 May-04

Equity International 1,082,106 23.74 4.28 18.11 -10.59 -4.09 1.09 2.43 -- 2.69 Feb-11Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 2.70 Feb-11

Total Fixed Income 1,842,103 40.41 0.92 3.95 5.09 7.60 5.31 4.46 4.13 4.53 Dec-03

Fixed Income Domestic 1,290,872 28.32 1.12 4.70 6.27 9.14 5.46 4.48 4.09 4.38 Jun-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.57 Jun-04

Fixed Income International 551,231 12.09 0.47 2.19 2.34 4.04 4.95 4.40 -- 4.48 Sep-13Bloomberg Barclays Global Aggregate ex-USD FloatAdjusted RIC Capped Hedged 0.57 2.31 2.53 4.34 5.21 4.66 -- 4.74 Sep-13

XXXXX

Performance Summary (Gross of Advisory Fees) ending June 30, 2020


Returns greater than one year represent annualized returns. Returns less than one year represent cumulative returns.Net of Fee returns reflect the deduction of fund expense ratios, any purchase or redemption fees, and VIAS advisory fee applied to the client portfolio.

2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC WILDFLOWER FUND 4,558,147 100.00 2.42 15.00 -0.93 5.23 6.43 6.32 8.42 6.72 Dec-03Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.73 Dec-03

Total Equity 2,716,044 59.59 3.45 22.30 -5.17 3.12 6.85 7.01 10.93 7.39 Dec-03


Vanguard® Total Stock Market Indx Fund Admiral™Shares 814,305 17.86 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 8.93 May-04

Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.94 May-04Multi-Cap Core Funds Average 1.81 21.12 -5.80 2.57 6.79 6.90 10.99 7.05 May-04

Vanguard® U.S. Growth Fund Admiral™ Shares 296,996 6.52 6.37 35.72 19.46 29.85 22.21 16.59 17.88 11.20 Jun-05Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 11.32 Jun-05Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 9.79 Jun-05

Vanguard® Windsor™ II Fund Admiral™ Shares 281,614 6.18 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 6.82 Jun-05Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 6.24 Jun-05Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 5.65 Jun-05

Vanguard® Explorer™ Fund Admiral™ Shares 121,707 2.67 3.02 32.80 -2.70 4.39 11.40 9.23 13.89 8.78 Dec-05Russell 2500 Growth 3.68 32.87 2.02 9.21 12.10 9.57 14.45 9.77 Dec-05Small-Cap Growth Funds Average 3.60 32.45 0.85 5.45 11.35 8.67 12.95 8.12 Dec-05

Vanguard® Strategic Equity Fund 119,317 2.62 1.43 25.04 -14.89 -8.44 1.07 3.87 11.91 7.63 May-04Spliced Small and Mid-Cap Index 2.62 26.27 -9.74 -3.17 5.17 6.29 12.17 9.01 May-04Mid-Cap Core Funds Average 1.01 20.93 -14.01 -7.46 1.95 3.68 9.76 7.11 May-04


Vanguard® Total International Stock Index Fund Adm™Shares 1,082,106 23.74 4.28 18.11 -10.59 -4.09 1.09 2.42 5.27 2.68 Feb-11

Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 2.70 Feb-11International Funds Average 3.88 18.09 -9.40 -2.61 1.20 2.24 5.54 2.95 Feb-11


3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_


Fixed Income Domestic 1,290,872 28.32 1.12 4.70 6.27 9.14 5.46 4.48 4.09 4.38 Jun-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.57 Jun-04

Vanguard® Total Bond Market Index Fund Admiral™Shares 643,669 14.12 0.71 2.98 6.35 8.96 5.34 4.31 3.77 4.29 May-09

Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.39 May-09

Spliced Intermediate-Term Investment-Grade DebtFunds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 4.66 May-09

Vanguard® Short-Term Investment-Grade Fund Adm™Shares 289,202 6.34 1.03 4.84 3.27 4.95 3.52 3.03 2.78 3.43 Jun-04

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 3.77 Jun-041-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.43 Jun-04

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 193,853 4.25 1.57 7.31 6.79 9.51 5.96 5.13 5.08 5.39 Jun-04

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 5.83 Jun-04Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 4.05 Jun-04

Vanguard® Long-Term Investment-Grade Admiral Shares 164,147 3.60 2.34 8.34 10.57 16.89 9.73 9.29 8.22 18.81 May-19BBgBarc US Credit Long A+ TR 2.24 8.68 9.00 15.39 9.11 8.76 7.80 17.67 May-19Corporate A-Rated Debt Funds Average 1.68 6.78 5.81 9.09 5.68 4.95 4.53 10.00 May-19


Vanguard® Total International Bond Index Fund Adm™Shares 551,231 12.09 0.47 2.19 2.34 4.04 4.95 4.40 -- 4.48 Sep-13

Bloomberg Barclays Global Aggregate ex-USD FloatAdjusted RIC Capped Hedged 0.57 2.31 2.53 4.34 5.21 4.66 -- 4.74 Sep-13

International Income Funds Average 1.16 5.24 -1.10 -0.45 1.99 2.43 2.38 1.45 Sep-13XXXXX


4



Total Portfolio Performance


Gross of Advisory Fee returns reflect the deduction of fund expense ratios and any other security-level expenses.Net of Fee returns reflect the deduction of fund expense ratios, any purchase or redemption fees, and VIAS advisory fee applied to the client portfolio.

5



Month Ending June 30, 2020

BeginningMarket Value Net Cash Flow Capital

Appreciation Income EndingMarket Value

Vanguard® Explorer™ Fund Admiral™ Shares $137,940 -$20,367 $4,134 $0 $121,707

Vanguard® Inter-Term Investment-Grade Fund Adm ™ Shares $170,336 $20,549 $2,555 $414 $193,853

Vanguard® Long-Term Investment-Grade Admiral Shares $144,918 $15,301 $3,495 $433 $164,147

Vanguard® Short-Term Investment-Grade Fund Adm™ Shares $248,457 $37,904 $2,270 $571 $289,202

Vanguard® Strategic Equity Fund $127,616 -$10,424 $2,125 $0 $119,317

Vanguard® Total Bond Market Index Fund Admiral™ Shares $561,605 $77,230 $3,656 $1,179 $643,669

Vanguard® Total International Bond Index Fund Adm™ Shares $467,149 $81,209 $2,436 $437 $551,231

Vanguard® Total International Stock Index Fund Adm™ Shares $1,089,006 -$53,925 $41,593 $5,432 $1,082,106

Vanguard® Total Stock Market Indx Fund Admiral™ Shares $867,229 -$72,990 $16,464 $3,602 $814,305

Vanguard® U.S. Growth Fund Admiral™ Shares $333,745 -$55,088 $18,339 $0 $296,996

Vanguard® Windsor™ II Fund Admiral™ Shares $295,576 -$19,399 $3,227 $2,209 $281,614

Total $4,443,577 $0 $100,292 $14,278 $4,558,147

6

Cash Flow Summary


Last Month Last ThreeMonths Year-To-Date One Year

_

Beginning Market Value $4,443,577 $3,959,460 $4,583,604 $4,318,979Net Cash Flow $0 -$1,770 -$3,808 -$7,695Capital Appreciation $100,292 $580,595 -$56,712 $147,237Income $14,278 $19,862 $35,063 $99,627Ending Market Value $4,558,147 $4,558,147 $4,558,147 $4,558,147

_


Name Market Value % of Portfolio Expense Ratio

Total Equity $2,716,044 59.6%

Equity Domestic $1,633,938 35.8%

Vanguard® Total Stock Market Indx Fund Admiral™ Shares $814,305 17.9% 0.040%

Vanguard® Windsor™ II Fund Admiral™ Shares $281,614 6.2% 0.260%

Vanguard® Explorer™ Fund Admiral™ Shares $121,707 2.7% 0.340%

Vanguard® U.S. Growth Fund Admiral™ Shares $296,996 6.5% 0.280%

Vanguard® Strategic Equity Fund $119,317 2.6% 0.170%

Equity International $1,082,106 23.7%

Vanguard® Total International Stock Index Fund Adm™ Shares $1,082,106 23.7% 0.110%

Total Fixed Income $1,842,103 40.4%

Fixed Income Domestic $1,290,872 28.3%

Vanguard® Short-Term Investment-Grade Fund Adm™ Shares $289,202 6.3% 0.100%

Vanguard® Total Bond Market Index Fund Admiral™ Shares $643,669 14.1% 0.050%

Vanguard® Inter-Term Investment-Grade Fund Adm ™ Shares $193,853 4.3% 0.100%

Vanguard® Long-Term Investment-Grade Admiral Shares $164,147 3.6% 0.120%

Fixed Income International $551,231 12.1%

Vanguard® Total International Bond Index Fund Adm™ Shares $551,231 12.1% 0.110%

Total $4,558,147 100.0% 0.116%XXXXX

Investment Expense Analysis as of June 30, 2020

7



Name Jun-20 Last 3 Months YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs_

US EquityCRSP US Total Market TR USD 2.3 22.1 -3.4 6.5 10.0 10.0 13.7S&P 500 2.0 20.5 -3.1 7.5 10.7 10.7 14.0S&P 400 MidCap 1.3 24.1 -12.8 -6.7 2.4 5.2 11.3S&P 600 SmallCap 3.7 21.9 -17.9 -11.3 0.6 4.5 11.2

International EquityMSCI Emerging Markets 7.4 18.1 -9.8 -3.4 1.9 2.9 3.3MSCI Emerging Markets NR LCL 6.6 16.7 -5.5 1.4 4.5 5.1 6.0MSCI EAFE 3.4 14.9 -11.3 -5.1 0.8 2.1 5.7MSCI EAFE NR LCL 2.6 12.6 -10.5 -4.2 1.3 2.6 6.9MSCI ACWI ex USA 4.5 16.1 -11.0 -4.8 1.1 2.3 5.0

Fixed Income DomesticBBgBarc US Aggregate TR 0.6 2.9 6.1 8.7 5.3 4.3 3.8BBgBarc US Corporate 1-5 Years TR 1.0 5.6 3.3 5.5 3.9 3.4 3.3BBgBarc US Credit/Corp 5-10 Yr TR 2.3 10.0 5.3 9.3 6.4 5.8 5.8BBgBarc US Corporate Long TR 2.5 11.4 6.3 13.8 8.8 8.8 7.8BBgBarc US Govt/Credit Long TR 1.6 6.2 12.8 18.9 10.3 9.0 7.8BBgBarc US Treasury Strips 20-30 Yr Equal Parity TR 0.2 -0.8 28.2 34.7 15.8 12.5 10.6BBgBarc US High Yield TR 1.0 10.2 -3.8 0.0 3.3 4.8 6.7BBgBarc US Govt TR 0.1 0.5 8.6 10.3 5.5 4.0 3.3BBgBarc US Credit TR 1.8 8.2 4.8 9.1 6.1 5.5 5.2BBgBarc US Treasury 1-5 Yr TR 0.1 0.4 4.2 5.4 3.3 2.3 1.8BBgBarc US Treasury 5-10 Yr TR 0.1 0.9 9.6 11.1 6.1 4.5 4.1BBgBarc US Treasury Long TR 0.1 0.2 21.2 25.4 12.0 9.3 7.7BBgBarc US Treasury TIPS 0-5 Yr TR 0.8 2.6 1.9 3.4 2.7 2.0 1.7BBgBarc US TIPS TR 1.1 4.2 6.0 8.3 5.0 3.7 3.5

Fixed Income InternationalBBgBarc Global Aggregate ex US Tres Hedged TR 0.3 1.8 2.3 4.0 4.9 4.5 4.2BBgBarc Emerging Markets TR 2.5 10.0 -0.4 3.0 4.2 5.2 6.0

REITMSCI US REIT Gross 3.0 11.7 -18.5 -12.9 0.1 4.1 9.1

XXXXX

Market Performance as of June 30, 2020

8



_


6/1/2015 Present 12% Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Hedged / 28% Spliced Bloomberg Barclays US Aggregate Float AdjustedIndex / 24% Spliced Total International Stock Index / 36% Spliced Total Stock Market Index

10/1/2013 5/31/2015 8% Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Hedged / 32% Spliced Bloomberg Barclays US Aggregate Float AdjustedIndex / 18% Spliced Total International Stock Index / 42% Spliced Total Stock Market Index

6/1/2011 9/30/2013 40% Spliced Bloomberg Barclays US Aggregate Float Adjusted Index / 18% Spliced Total International Stock Index / 42% Spliced Total Stock MarketIndex



Total Equity

N/A

Equity Domestic

7/1/2013 Present 100% CRSP US Total Market TR USD

5/1/2005 6/30/2013 100% MSCI US Broad Market

5/31/2004 4/30/2005 100% Dow Jones Wilshire 5000 Index

Vanguard® Total Stock Market Indx Fund Admiral™ Shares




Vanguard® Windsor™ II Fund Admiral™ Shares

6/30/2005 Present Russell 1000 Value

Vanguard® Explorer™ Fund Admiral™ Shares

12/31/2005 Present Russell 2500 Growth

Vanguard® U.S. Growth Fund Admiral™ Shares


Vanguard® Strategic Equity Fund

5/31/2004 Present 100% MSCI US Small + Mid-Cap 2200 Index

Benchmark History as of June 30, 2020

9



_

Equity International

6/3/2013 Present 100% FTSE Global All-Cap ex-US Index

2/28/2011 6/2/2013 100% MSCI ACWI ex-USA IMI Index Net

Vanguard® Total International Stock Index Fund Adm™ Shares



Total Fixed Income

N/A

Fixed Income Domestic

1/1/2010 Present 100% BBgBarc US Aggregate Float Adjusted TR

6/30/2004 12/31/2009 100% BBgBarc US Aggregate TR

Vanguard® Short-Term Investment-Grade Fund Adm™ Shares

6/30/2004 Present BBgBarc US Credit 1-5 Yr TR

Vanguard® Total Bond Market Index Fund Admiral™ Shares



Vanguard® Inter-Term Investment-Grade Fund Adm ™ Shares


Vanguard® Long-Term Investment-Grade Admiral Shares

5/31/2019 Present BBgBarc US Credit Long A+ TR

Fixed Income International

9/30/2013 Present Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Hedged

Vanguard® Total International Bond Index Fund Adm™ Shares

9/30/2013 Present Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped HedgedXXXXX


10



Legal

For more information about Vanguard funds or non-Vanguard funds offered through Vanguard Brokerage Services, visit vanguard.com or call your Investment Consultant or Relationship Manager to obtain aprospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.Total Portfolio Net of Fees returns reflect the deduction of fund expense ratios, purchase or redemption fees, and any advisory service fee applied to the client portfolio.

Total Portfolio returns represent client-specific time-weighted returns (TWR) are presented gross of any applicable service fees with the exception of mutual fund expense ratios and other security-level expenses.

Internal rates of return (IRR) are net of any applicable service fees, include account-specific cash flows, and are not directly comparable to a benchmark, since benchmarks do not include cash flows.

Client performance inception date is generally the first month-end after initial funding. Mutual funds and all investments are subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit orprotect against a loss.

Performance figures assume the reinvestment of dividends and capital gains distributions. The fund performance percentages are based on fund total return data, adjusted for expenses, obtained from Lipper, a Thomson ReutersCompany. The total return data was not adjusted for fees and loads.

Benchmark comparative indexes represent unmanaged or average returns on various financial assets, which can be compared with funds' total returns for the purpose of measuring relative performance.

The index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Vanguard. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); DowJones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); S&P® and S&P 500® are trademarks of S&P; and these trademarks have been licensed for use by SPDJI and sublicensed for certainpurposes by Vanguard. Vanguard product(s) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability ofinvesting in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the index

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities. For any such funds or securities, the prospectus or theStatement of Additional Information contains a more detailed description of the limited relationship MSCI has with The Vanguard Group and any related funds.

The Russell Indexes and Russell® are registered trademarks of Russell Investments and have been licensed for use by The Vanguard Group. The products are not sponsored, endorsed, sold or promoted by Russell Investmentsand Russell Investments makes no representation regarding the advisability of investing in the products.

London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX"). All rightsreserved. "FTSE®", "Russell®", "MTS®", "FTSE TMX®" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and areused by FTSE, MTS, FTSE TMX and Russell under license. All information is provided for information purposes only. No responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors forany errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of its licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either asto the results to be obtained from the use of the FTSE Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put.

BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS® is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates, including BloombergIndex Services Limited ("BISL") (collectively, "Bloomberg"), or Bloomberg's licensors own all proprietary rights in the Bloomberg Barclays Indices.

The products are not sponsored, endorsed, issued, sold or promoted by "Bloomberg or Barclays". Bloomberg and Barclays make no representation or warranty, express or implied, to the owners or purchasers of the products or anymember of the public regarding the advisability of investing in securities generally or in the products particularly or the ability of the Bloomberg Barclays Indices to track general bond market performance. Neither Bloomberg norBarclays has passed on the legality or suitability of the products with respect to any person or entity. Bloomberg's only relationship to Vanguard and the products are the licensing of the Bloomberg Barclays Indices which aredetermined, composed and calculated by BISL without regard to Vanguard or the products or any owners or purchasers of the products. Bloomberg has no obligation to take the needs of the products into consideration indetermining, composing or calculating the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays is responsible for and has not participated in the determination of the timing of, prices at, or quantities of the products to beissued. Neither Bloomberg nor Barclays has any obligation or liability in connection with the administration, marketing or trading of the products.

The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors’ shares, when sold, may be worth more or lessthan their original cost. Current performance may be lower or higher than the performance data cited. The performance of an index is not an exact representation of any particular investment, as you cannot investdirectly in an index. For performance data current to the most recent quarter-end, visit our website at www.vanguard.com/performance.

© 2020 The Vanguard Group, Inc. All rights reserved. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. Advice offered through Vanguard Institutional Advisory Services (VIAS) are provided by Vanguard Advisors,Inc., a registered investment advisor.



NATIONAL GARDEN CLUBS INCPERMANENT HOME & ENDOWMENTFUND

PREPARED FOR


Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC PERMANENT HOME &ENDOWMENT FUND 7,239,782 2.42 14.99 -0.96 5.19 6.42 6.32 8.48 6.69 Dec-03

NATIONAL GARDEN CLUBS INC PERMANENT HOME &ENDOWMENT FUND (Net) 2.42 14.95 -1.04 5.01 6.23 6.14 8.28 6.49





XXXXX




1





NATIONAL GARDEN CLUBS INC PERMANENT HOME & ENDOWMENT FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC PERMANENT HOME &ENDOWMENT FUND 7,239,782 100.00 2.42 14.99 -0.96 5.19 6.42 6.32 8.48 6.69 Dec-03

NATIONAL GARDEN CLUBS INC PERMANENT HOME &ENDOWMENT FUND (Net) 2.42 14.95 -1.04 5.01 6.23 6.14 8.28 6.49


Total Equity 4,313,944 59.59 3.45 22.29 -5.21 3.05 6.82 6.99 10.96 7.42 Dec-03




Fixed Income Domestic 2,050,310 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.08 4.35 May-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.58 May-04


XXXXX




2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC PERMANENT HOME &ENDOWMENT FUND 7,239,782 100.00 2.42 14.99 -0.96 5.19 6.42 6.32 8.48 6.69 Dec-03


Total Equity 4,313,944 59.59 3.45 22.29 -5.21 3.05 6.82 6.99 10.96 7.42 Dec-03


Vanguard® Total Stock Market Indx Fund Admiral™Shares 1,293,378 17.86 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 8.93 May-04


Vanguard® U.S. Growth Fund Admiral™ Shares 471,732 6.52 6.37 35.72 19.46 29.85 22.21 16.59 17.88 10.72 May-04Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 10.72 May-04Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 9.39 May-04

Vanguard® Windsor™ II Fund Admiral™ Shares 447,291 6.18 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 7.39 May-04Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 6.83 May-04Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 5.94 May-04

Vanguard® Explorer™ Fund Admiral™ Shares 193,311 2.67 3.02 32.80 -2.70 4.39 11.40 9.23 13.89 9.09 Jun-05Russell 2500 Growth 3.68 32.87 2.02 9.21 12.10 9.57 14.45 10.07 Jun-05Small-Cap Growth Funds Average 3.60 32.45 0.85 5.45 11.35 8.67 12.95 8.36 Jun-05






3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_


Fixed Income Domestic 2,050,310 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.08 4.35 May-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.58 May-04

Vanguard® Total Bond Market Index Fund Admiral™Shares 1,022,349 14.12 0.71 2.98 6.35 8.96 5.34 4.31 3.77 4.29 May-09



Vanguard® Short-Term Investment-Grade Fund Adm™Shares 459,344 6.34 1.03 4.84 3.27 4.95 3.52 3.03 2.78 3.42 May-04

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 3.76 May-041-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.43 May-04

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 307,900 4.25 1.57 7.31 6.79 9.51 5.96 5.13 5.08 5.40 May-04

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 5.83 May-04Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 4.05 May-04







4






5











Vanguard® Total Bond Market Index Fund Admiral™ Shares $892,199 $122,471 $5,806 $1,872 $1,022,349



Vanguard® Total Stock Market Indx Fund Admiral™ Shares $1,375,674 -$114,122 $26,104 $5,722 $1,293,378



Total $7,057,758 $0 $159,345 $22,678 $7,239,782

6

Cash Flow Summary



_


_



Total Equity $4,313,944 59.6%




Vanguard® Total Stock Market Indx Fund Admiral™ Shares $1,293,378 17.9% 0.040%









Vanguard® Total Bond Market Index Fund Admiral™ Shares $1,022,349 14.1% 0.050%




Total $7,239,782 100.0% 0.116%XXXXX


7









XXXXX


8



_







Total Equity

N/A

Equity Domestic

















9



_







Total Fixed Income

N/A


















10



Legal

















NATIONAL GARDEN CLUBS INCSCHOLARSHIP FUND

PREPARED FOR


Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND 4,942,134 2.42 15.00 -0.94 5.22 6.42 6.31 8.41 6.75 Dec-03NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND (Net) 2.42 14.95 -1.02 5.04 6.24 6.13 8.22 6.56





XXXXX




1





NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND 4,942,134 100.00 2.42 15.00 -0.94 5.22 6.42 6.31 8.41 6.75 Dec-03NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND(Net) 2.42 14.95 -1.02 5.04 6.24 6.13 8.22 6.56


Total Equity 2,944,850 59.59 3.45 22.30 -5.18 3.10 6.84 7.00 10.98 7.42 Dec-03

Equity Domestic 1,771,586 35.85 2.91 25.05 -1.58 7.94 10.67 10.04 13.94 8.84 Dec-03Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.82 Dec-03

Equity International 1,173,264 23.74 4.28 18.11 -10.59 -4.09 1.09 2.43 5.28 5.19 May-04Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 5.23 May-04


Fixed Income Domestic 1,399,617 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.06 4.49 Dec-03Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.44 Dec-03


XXXXX




2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC SCHOLARSHIP FUND 4,942,134 100.00 2.42 15.00 -0.94 5.22 6.42 6.31 8.41 6.75 Dec-03Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.73 Dec-03

Total Equity 2,944,850 59.59 3.45 22.30 -5.18 3.10 6.84 7.00 10.98 7.42 Dec-03

Equity Domestic 1,771,586 35.85 2.91 25.05 -1.58 7.94 10.67 10.04 13.94 8.84 Dec-03Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.82 Dec-03

Vanguard® Total Stock Market Indx Fund Admiral™Shares 882,904 17.86 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 8.93 May-04


Vanguard® U.S. Growth Fund Admiral™ Shares 322,017 6.52 6.37 35.72 19.46 29.85 22.21 16.59 17.88 11.09 Jan-05Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 11.12 Jan-05Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 9.63 Jan-05

Vanguard® Windsor™ II Fund Admiral™ Shares 305,337 6.18 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 6.93 Jan-05Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 6.31 Jan-05Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 5.64 Jan-05

Vanguard® Explorer™ Fund Admiral™ Shares 131,960 2.67 3.02 32.80 -2.70 4.39 11.40 9.23 13.89 9.09 Jun-05Russell 2500 Growth 3.68 32.87 2.02 9.21 12.10 9.57 14.45 10.07 Jun-05Small-Cap Growth Funds Average 3.60 32.45 0.85 5.45 11.35 8.67 12.95 8.36 Jun-05


Equity International 1,173,264 23.74 4.28 18.11 -10.59 -4.09 1.09 2.43 5.28 5.19 May-04Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 5.23 May-04




3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_


Fixed Income Domestic 1,399,617 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.06 4.49 Dec-03Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.44 Dec-03

Vanguard® Total Bond Market Index Fund Admiral™Shares 697,893 14.12 0.71 2.98 6.35 8.96 5.34 4.31 3.77 4.29 May-09



Vanguard® Short-Term Investment-Grade Fund Adm™Shares 313,565 6.34 1.03 4.84 3.27 4.95 3.52 3.03 2.78 3.42 May-04

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 3.76 May-041-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.43 May-04

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 210,184 4.25 1.57 7.31 6.79 9.51 5.96 5.13 5.08 5.40 May-04

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 5.83 May-04Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 4.05 May-04







4






5











Vanguard® Total Bond Market Index Fund Admiral™ Shares $608,946 $83,705 $3,964 $1,278 $697,893






Total $4,817,905 $0 $108,748 $15,481 $4,942,134

6

Cash Flow Summary



_


_



Total Equity $2,944,850 59.6%

















Total $4,942,134 100.0% 0.116%XXXXX


7









XXXXX


8



_







Total Equity

N/A

Equity Domestic

















9



_




9/1/2006 12/15/2010 100% MSCI EAFE + Emerging Markets Gross

5/31/2004 8/31/2006 100% Total International Composite Index




Total Fixed Income

N/A


















10



Legal

















NATIONAL GARDEN CLUBS INCENDOWMENT FUND

PREPARED FOR


Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC ENDOWMENT FUND 385,680 2.42 14.99 -0.96 5.18 6.41 6.29 8.40 6.84 Apr-04NATIONAL GARDEN CLUBS INC ENDOWMENT FUND (Net) 2.42 14.95 -1.04 5.00 6.23 6.11 8.21 6.65

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.85 Apr-04XXXXX



US Equity $138,254 35.8% 36.0% -0.2%Non-US Equity $91,560 23.7% 24.0% -0.3%US Fixed Income $109,225 28.3% 28.0% 0.3%Non-US Fixed Income $46,641 12.1% 12.0% 0.1%Total $385,680 100.0% 100.0%

XXXXX




1





NATIONAL GARDEN CLUBS INC ENDOWMENT FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC ENDOWMENT FUND 385,680 100.00 2.42 14.99 -0.96 5.18 6.41 6.29 8.40 6.84 Apr-04NATIONAL GARDEN CLUBS INC ENDOWMENT FUND (Net) 2.42 14.95 -1.04 5.00 6.23 6.11 8.21 6.65

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.85 Apr-04

Total Equity 229,814 59.59 3.45 22.29 -5.21 3.04 6.82 6.99 10.94 7.44 May-04

Equity Domestic 138,254 35.85 2.91 25.05 -1.58 7.93 10.67 10.04 13.91 8.89 May-04Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.94 May-04

Equity International 91,560 23.74 4.28 18.11 -10.59 -4.09 1.09 2.43 5.28 5.19 May-04Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 5.23 May-04

Total Fixed Income 155,866 40.41 0.92 3.95 5.09 7.60 5.31 4.46 4.11 4.60 May-04

Fixed Income Domestic 109,225 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.08 4.58 May-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.58 May-04


XXXXX




2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC ENDOWMENT FUND 385,680 100.00 2.42 14.99 -0.96 5.18 6.41 6.29 8.40 6.84 Apr-04Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 8.29 6.85 Apr-04

Total Equity 229,814 59.59 3.45 22.29 -5.21 3.04 6.82 6.99 10.94 7.44 May-04

Equity Domestic 138,254 35.85 2.91 25.05 -1.58 7.93 10.67 10.04 13.91 8.89 May-04Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 8.94 May-04

Vanguard® Total Stock Market Indx Fund Admiral™Shares 68,901 17.86 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 12.54 Nov-10

Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 12.55 Nov-10Multi-Cap Core Funds Average 1.81 21.12 -5.80 2.57 6.79 6.90 10.99 9.79 Nov-10

Vanguard® U.S. Growth Fund Admiral™ Shares 25,130 6.52 6.37 35.72 19.46 29.85 22.21 16.59 17.88 16.22 Dec-14Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 15.16 Dec-14Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 13.55 Dec-14

Vanguard® Windsor™ II Fund Admiral™ Shares 23,828 6.18 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 5.86 Dec-14Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 4.09 Dec-14Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 4.03 Dec-14



Equity International 91,560 23.74 4.28 18.11 -10.59 -4.09 1.09 2.43 5.28 5.19 May-04Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 5.23 May-04

Vanguard® Total International Stock Index Fund Adm™Shares 91,560 23.74 4.28 18.11 -10.59 -4.09 1.09 2.42 5.27 2.68 Feb-11



3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

Total Fixed Income 155,866 40.41 0.92 3.95 5.09 7.60 5.31 4.46 4.11 4.60 May-04

Fixed Income Domestic 109,225 28.32 1.12 4.70 6.27 9.13 5.45 4.47 4.08 4.58 May-04Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.58 May-04

Vanguard® Total Bond Market Index Fund Admiral™Shares 54,463 14.12 0.71 2.98 6.35 8.96 5.34 4.31 3.77 3.70 Nov-10

Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 3.79 Nov-10

Spliced Intermediate-Term Investment-Grade DebtFunds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.64 Nov-10

Vanguard® Short-Term Investment-Grade Fund Adm™Shares 24,470 6.34 1.03 4.84 3.27 4.95 3.52 3.03 2.78 2.93 Dec-14

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 3.08 Dec-141-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.11 Dec-14

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 16,403 4.25 1.57 7.31 6.79 9.51 5.96 5.13 5.08 4.90 Jun-11

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 5.41 Jun-11Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.66 Jun-11







4






5






Vanguard® Explorer™ Fund Admiral™ Shares $11,661 -$1,712 $350 $0 $10,298

Vanguard® Inter-Term Investment-Grade Fund Adm ™ Shares $14,416 $1,735 $216 $35 $16,403

Vanguard® Long-Term Investment-Grade Admiral Shares $12,265 $1,292 $296 $37 $13,889

Vanguard® Short-Term Investment-Grade Fund Adm™ Shares $21,028 $3,202 $192 $48 $24,470

Vanguard® Strategic Equity Fund $10,802 -$886 $180 $0 $10,096

Vanguard® Total Bond Market Index Fund Admiral™ Shares $47,531 $6,523 $309 $100 $54,463

Vanguard® Total International Bond Index Fund Adm™ Shares $39,537 $6,862 $206 $37 $46,641

Vanguard® Total International Stock Index Fund Adm™ Shares $92,296 -$4,723 $3,527 $460 $91,560

Vanguard® Total Stock Market Indx Fund Admiral™ Shares $73,273 -$6,066 $1,390 $305 $68,901


Vanguard® Windsor™ II Fund Admiral™ Shares $24,974 -$1,604 $272 $187 $23,828

Total $375,983 $0 $8,489 $1,208 $385,680

6

Cash Flow Summary



_

Beginning Market Value $375,983 $335,034 $388,033 $365,698Net Cash Flow $0 -$150 -$322 -$651Capital Appreciation $8,489 $49,115 -$4,999 $12,175Income $1,208 $1,681 $2,967 $8,457Ending Market Value $385,680 $385,680 $385,680 $385,680

_



Total Equity $229,814 59.6%

Equity Domestic $138,254 35.8%






Equity International $91,560 23.7%

Vanguard® Total International Stock Index Fund Adm™ Shares $91,560 23.7% 0.110%

Total Fixed Income $155,866 40.4%

Fixed Income Domestic $109,225 28.3%







Total $385,680 100.0% 0.116%XXXXX


7









XXXXX


8



_







Total Equity

N/A

Equity Domestic

















9



_



9/1/2006 12/15/2010 100% MSCI EAFE + Emerging Markets Gross

5/31/2004 8/31/2006 100% Total International Composite Index




Total Fixed Income

N/A

















10



Legal

















NATIONAL GARDEN CLUBS INC DEENDAY SANDERS FUND

PREPARED FOR


Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC DEEN DAY SANDERS FUND 569,910 2.42 14.99 -0.94 5.20 6.46 6.31 -- 6.25 Sep-14NATIONAL GARDEN CLUBS INC DEEN DAY SANDERS FUND(Net) 2.42 14.95 -1.02 5.01 6.27 6.12 -- 6.07

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.12 Sep-14XXXXX



US Equity $204,195 35.8% 36.0% -0.2%Non-US Equity $135,045 23.7% 24.0% -0.3%US Fixed Income $161,586 28.4% 28.0% 0.4%Non-US Fixed Income $69,085 12.1% 12.0% 0.1%Total $569,910 100.0% 100.0%

XXXXX




1





NATIONAL GARDEN CLUBS INC DEEN DAY SANDERS FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC DEEN DAY SANDERSFUND 569,910 100.00 2.42 14.99 -0.94 5.20 6.46 6.31 -- 6.25 Sep-14

NATIONAL GARDEN CLUBS INC DEEN DAY SANDERSFUND (Net) 2.42 14.95 -1.02 5.01 6.27 6.12 -- 6.07

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.12 Sep-14

Total Equity 339,239 59.53 3.45 22.30 -5.22 3.04 6.90 7.05 -- 7.21 Sep-14

Equity Domestic 204,195 35.83 2.91 25.05 -1.60 7.91 10.69 10.05 -- 10.22 Sep-14Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 9.99 Sep-14

Equity International 135,045 23.70 4.28 18.11 -10.59 -4.09 1.09 2.42 -- 2.28 Sep-14Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 2.26 Sep-14

Total Fixed Income 230,671 40.47 0.92 3.95 5.09 7.59 5.31 4.46 -- 4.16 Sep-14

Fixed Income Domestic 161,586 28.35 1.11 4.70 6.27 9.13 5.45 4.47 -- 4.17 Sep-14Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.08 Sep-14


XXXXX




2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC DEEN DAY SANDERSFUND 569,910 100.00 2.42 14.99 -0.94 5.20 6.46 6.31 -- 6.25 Sep-14

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.12 Sep-14

Total Equity 339,239 59.53 3.45 22.30 -5.22 3.04 6.90 7.05 -- 7.21 Sep-14

Equity Domestic 204,195 35.83 2.91 25.05 -1.60 7.91 10.69 10.05 -- 10.22 Sep-14Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 9.99 Sep-14

Vanguard® Total Stock Market Indx Fund Admiral™Shares 101,677 17.84 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 9.98 Sep-14

Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 9.99 Sep-14Multi-Cap Core Funds Average 1.81 21.12 -5.80 2.57 6.79 6.90 10.99 7.09 Sep-14

Vanguard® U.S. Growth Fund Admiral™ Shares 37,250 6.54 6.37 35.72 19.46 29.85 22.21 16.59 17.88 16.22 Dec-14Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 15.16 Dec-14Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 13.55 Dec-14

Vanguard® Windsor™ II Fund Admiral™ Shares 35,037 6.15 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 5.86 Dec-14Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 4.09 Dec-14Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 4.03 Dec-14


Vanguard® Strategic Equity Fund 14,966 2.63 1.43 25.04 -14.89 -8.44 1.07 3.87 11.91 5.21 Sep-14Spliced Small and Mid-Cap Index 2.62 26.27 -9.74 -3.17 5.17 6.29 12.17 7.37 Sep-14Mid-Cap Core Funds Average 1.01 20.93 -14.01 -7.46 1.95 3.68 9.76 4.67 Sep-14

Equity International 135,045 23.70 4.28 18.11 -10.59 -4.09 1.09 2.42 -- 2.28 Sep-14Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 2.26 Sep-14

Vanguard® Total International Stock Index Fund Adm™Shares 135,045 23.70 4.28 18.11 -10.59 -4.09 1.09 2.42 5.27 2.28 Sep-14

Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 2.26 Sep-14International Funds Average 3.88 18.09 -9.40 -2.61 1.20 2.24 5.54 2.36 Sep-14


3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

Total Fixed Income 230,671 40.47 0.92 3.95 5.09 7.59 5.31 4.46 -- 4.16 Sep-14

Fixed Income Domestic 161,586 28.35 1.11 4.70 6.27 9.13 5.45 4.47 -- 4.17 Sep-14Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.08 Sep-14

Vanguard® Total Bond Market Index Fund Admiral™Shares 80,586 14.14 0.71 2.98 6.35 8.96 5.34 4.31 3.77 4.02 Sep-14

Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 4.08 Sep-14

Spliced Intermediate-Term Investment-Grade DebtFunds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.62 Sep-14

Vanguard® Short-Term Investment-Grade Fund Adm™Shares 36,202 6.35 1.03 4.84 3.27 4.95 3.52 3.03 2.78 2.93 Dec-14

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 3.08 Dec-141-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.11 Dec-14

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 24,263 4.26 1.57 7.31 6.79 9.51 5.96 5.13 5.08 4.79 Dec-14

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 5.17 Dec-14Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.56 Dec-14







4






5






Vanguard® Explorer™ Fund Admiral™ Shares $17,354 -$2,609 $520 $0 $15,265

Vanguard® Inter-Term Investment-Grade Fund Adm ™ Shares $21,295 $2,595 $320 $52 $24,263

Vanguard® Long-Term Investment-Grade Admiral Shares $18,086 $1,955 $439 $54 $20,535

Vanguard® Short-Term Investment-Grade Fund Adm™ Shares $31,077 $4,769 $284 $72 $36,202

Vanguard® Strategic Equity Fund $16,082 -$1,386 $270 $0 $14,966

Vanguard® Total Bond Market Index Fund Admiral™ Shares $70,269 $9,710 $459 $148 $80,586

Vanguard® Total International Bond Index Fund Adm™ Shares $58,675 $10,050 $305 $55 $69,085

Vanguard® Total International Stock Index Fund Adm™ Shares $136,881 -$7,749 $5,232 $681 $135,045

Vanguard® Total Stock Market Indx Fund Admiral™ Shares $108,491 -$9,315 $2,049 $452 $101,677


Vanguard® Windsor™ II Fund Admiral™ Shares $37,180 -$2,820 $400 $277 $35,037

Total $557,329 -$1,791 $12,581 $1,791 $569,910

6

Cash Flow Summary



_

Beginning Market Value $557,329 $497,255 $577,919 $552,576Net Cash Flow -$1,791 -$2,714 -$4,890 -$13,665Capital Appreciation $12,581 $72,877 -$7,530 $18,310Income $1,791 $2,492 $4,411 $12,689Ending Market Value $569,910 $569,910 $569,910 $569,910

_



Total Equity $339,239 59.5%

















Total $569,910 100.0% 0.116%XXXXX


7









XXXXX


8



_




Total Equity

N/A

Equity Domestic
















Total Fixed Income

N/A



9



_















10



Legal

















NATIONAL GARDEN CLUBS INC JUNE MKUMMER FUND

PREPARED FOR


Market Value($)

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND 2,252,765 2.42 14.99 -0.99 5.15 6.26 6.22 -- 6.19 Jan-15NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND(Net) 2.42 14.94 -1.07 4.97 6.06 6.03 -- 6.01

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.13 Jan-15XXXXX



US Equity $807,552 35.8% 36.0% -0.2%Non-US Equity $534,800 23.7% 24.0% -0.3%US Fixed Income $637,981 28.3% 28.0% 0.3%Non-US Fixed Income $272,432 12.1% 12.0% 0.1%Total $2,252,765 100.0% 100.0%

XXXXX




1





NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND


Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND 2,252,765 100.00 2.42 14.99 -0.99 5.15 6.26 6.22 -- 6.19 Jan-15NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND(Net) 2.42 14.94 -1.07 4.97 6.06 6.03 -- 6.01

Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.13 Jan-15

Total Equity 1,342,352 59.59 3.45 22.29 -5.26 2.99 6.79 6.98 -- 7.47 Jan-15

Equity Domestic 807,552 35.85 2.91 25.04 -1.66 7.85 10.63 10.02 -- 10.33 Jan-15Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 10.17 Jan-15

Equity International 534,800 23.74 4.28 18.11 -10.59 -4.09 1.09 2.42 -- 3.20 Jan-15Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 3.13 Jan-15

Total Fixed Income 910,413 40.41 0.92 3.95 5.09 7.60 5.33 4.47 -- 3.74 Jan-15

Fixed Income Domestic 637,981 28.32 1.12 4.70 6.27 9.13 5.48 4.49 -- 3.80 Jan-15Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 3.58 Jan-15

Fixed Income International 272,432 12.09 0.47 2.19 2.34 4.04 4.95 4.40 -- 3.55 Jan-15Bloomberg Barclays Global Aggregate ex-USD FloatAdjusted RIC Capped Hedged 0.57 2.31 2.53 4.34 5.21 4.66 -- 3.81 Jan-15

XXXXX




2



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

NATIONAL GARDEN CLUBS INC JUNE M KUMMER FUND 2,252,765 100.00 2.42 14.99 -0.99 5.15 6.26 6.22 -- 6.19 Jan-15Composite Benchmark 2.13 12.99 -1.51 4.80 6.37 6.25 -- 6.13 Jan-15

Total Equity 1,342,352 59.59 3.45 22.29 -5.26 2.99 6.79 6.98 -- 7.47 Jan-15

Equity Domestic 807,552 35.85 2.91 25.04 -1.66 7.85 10.63 10.02 -- 10.33 Jan-15Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 10.17 Jan-15

Vanguard® Total Stock Market Indx Fund Admiral™Shares 402,453 17.86 2.29 22.08 -3.40 6.45 10.03 10.02 13.73 10.16 Jan-15

Spliced Total Stock Market Index 2.29 22.09 -3.40 6.47 10.04 10.03 13.74 10.17 Jan-15Multi-Cap Core Funds Average 1.81 21.12 -5.80 2.57 6.79 6.90 10.99 7.25 Jan-15

Vanguard® U.S. Growth Fund Admiral™ Shares 146,799 6.52 6.37 35.72 19.46 29.85 22.21 16.60 17.88 16.78 Jan-15Russell 1000 Growth 4.35 27.84 9.81 23.28 18.99 15.89 17.23 15.74 Jan-15Large-Cap Growth Funds Average 4.07 27.75 10.09 20.44 17.75 14.06 15.45 14.12 Jan-15

Vanguard® Windsor™ II Fund Admiral™ Shares 139,181 6.18 1.73 19.61 -9.91 0.06 4.88 6.26 11.22 6.75 Jan-15Russell 1000 Value -0.66 14.29 -16.26 -8.84 1.82 4.64 10.41 4.94 Jan-15Large-Cap Value Funds Average 0.38 15.97 -15.18 -7.30 2.30 4.37 9.65 4.92 Jan-15

Vanguard® Explorer™ Fund Admiral™ Shares 60,151 2.67 3.02 32.80 -2.70 4.39 11.40 9.23 13.89 8.94 Feb-15Russell 2500 Growth 3.68 32.87 2.02 9.21 12.10 9.57 14.45 9.40 Feb-15Small-Cap Growth Funds Average 3.60 32.45 0.85 5.45 11.35 8.67 12.95 8.82 Feb-15

Vanguard® Strategic Equity Fund 58,969 2.62 1.43 25.04 -14.89 -8.44 1.07 3.87 11.91 4.47 Jan-15Spliced Small and Mid-Cap Index 2.62 26.27 -9.74 -3.17 5.17 6.29 12.17 6.97 Jan-15Mid-Cap Core Funds Average 1.01 20.93 -14.01 -7.46 1.95 3.68 9.76 4.47 Jan-15

Equity International 534,800 23.74 4.28 18.11 -10.59 -4.09 1.09 2.42 -- 3.20 Jan-15Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 3.13 Jan-15

Vanguard® Total International Stock Index Fund Adm™Shares 534,800 23.74 4.28 18.11 -10.59 -4.09 1.09 2.42 5.27 3.20 Jan-15

Spliced Total International Stock Index 4.37 17.05 -11.05 -4.42 1.10 2.42 5.18 3.13 Jan-15International Funds Average 3.88 18.09 -9.40 -2.61 1.20 2.24 5.54 3.09 Jan-15


3



Market Value($)

% ofPortfolio

1 Mo(%)

3 Mo(%)

YTD(%)

1 Yr(%)

3 Yrs(%)

5 Yrs(%)

10 Yrs(%)

Inception(%)

InceptionDate

_

Total Fixed Income 910,413 40.41 0.92 3.95 5.09 7.60 5.33 4.47 -- 3.74 Jan-15

Fixed Income Domestic 637,981 28.32 1.12 4.70 6.27 9.13 5.48 4.49 -- 3.80 Jan-15Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 3.58 Jan-15

Vanguard® Total Bond Market Index Fund Admiral™Shares 318,118 14.12 0.71 2.98 6.35 8.96 5.34 4.31 3.77 3.50 Jan-15

Spliced Bloomberg Barclays US Aggregate FloatAdjusted Index 0.68 3.03 6.30 8.92 5.40 4.37 3.87 3.58 Jan-15

Spliced Intermediate-Term Investment-Grade DebtFunds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.25 Jan-15

Vanguard® Short-Term Investment-Grade Fund Adm™Shares 142,931 6.34 1.03 4.84 3.27 4.95 3.52 3.03 2.78 2.82 Jan-15

BBgBarc US Credit 1-5 Yr TR 0.88 4.63 3.35 5.41 3.85 3.18 3.08 2.94 Jan-151-5 Year Investment-Grade Debt Funds Average 0.96 4.04 1.93 3.27 2.64 2.18 2.05 2.03 Jan-15

Vanguard® Inter-Term Investment-Grade Fund Adm ™Shares 95,807 4.25 1.57 7.31 6.79 9.51 5.96 5.13 5.08 4.36 Jan-15

BBgBarc US Credit 5-10 Yr TR 2.12 9.44 5.20 9.08 6.31 5.59 5.63 4.70 Jan-15Spliced Core Bond Funds Average 1.23 4.92 5.35 7.76 4.77 3.93 3.80 3.25 Jan-15


Fixed Income International 272,432 12.09 0.47 2.19 2.34 4.04 4.95 4.40 -- 3.55 Jan-15Bloomberg Barclays Global Aggregate ex-USD FloatAdjusted RIC Capped Hedged 0.57 2.31 2.53 4.34 5.21 4.66 -- 3.81 Jan-15

Vanguard® Total International Bond Index Fund Adm™Shares 272,432 12.09 0.47 2.19 2.34 4.04 4.95 4.40 -- 3.55 Jan-15

Bloomberg Barclays Global Aggregate ex-USD FloatAdjusted RIC Capped Hedged 0.57 2.31 2.53 4.34 5.21 4.66 -- 3.81 Jan-15

International Income Funds Average 1.16 5.24 -1.10 -0.45 1.99 2.43 2.38 1.66 Jan-15XXXXX


4






5











Vanguard® Total Bond Market Index Fund Admiral™ Shares $277,549 $38,179 $1,807 $583 $318,118


Vanguard® Total International Stock Index Fund Adm™ Shares $539,900 -$28,426 $20,641 $2,685 $534,800




Total $2,196,080 $0 $49,628 $7,057 $2,252,765

6

Cash Flow Summary



_

Beginning Market Value $2,196,080 $1,956,948 $191,771 $180,728Net Cash Flow $0 -$875 $1,999,040 $1,998,877Capital Appreciation $49,628 $286,875 $47,282 $55,776Income $7,057 $9,817 $14,672 $17,384Ending Market Value $2,252,765 $2,252,765 $2,252,765 $2,252,765

_



Total Equity $1,342,352 59.6%

















Total $2,252,765 100.0% 0.116%XXXXX


7









XXXXX


8



_




Total Equity

N/A

Equity Domestic
















Total Fixed Income

N/A



9



_















10



Legal















national garden clubs, inc....national garden clubs, inc. june 30, 2020 monthly financial overview...

Documents