2019-10-14T08:35:34-07:00 2018-12-31 113041037 KANDEL & COMPANY 6800 Jericho Turnpike Suite 206E Syosset NY 11791 990PF 2018-01-01 237000850 The Brunckhorst Foundation BRUN 9172826135 6800 Jericho Turnpike Syosset NY 11791 Barbara Brunckhorst Trustee 2019-10-22 true Richard Kandel P00167249 5164969195 2018 2020-01-14 16:20:31Z X 125556957 X 14450000 6045 6045 5325688 5319890 -502490 11009 19279243 5325935 54996 54996 45000 15000 30000 40000 36000 4000 503886 4207 3751 3517 647633 51000 96720 6590000 6590000 7237633 51000 6686720 12041610 5274935 338003 550000 550000 32180 2673103 2673103 453816 204137 204137 870374 619525 631684 34173058 30501346 29656561 75223978 82322546 78995084 7395678 13658040 12846388 118487087 130528697 125556957 0 X 118487087 130528697 118487087 130528697 118487087 130528697 118487087 12041610 130528697 130528697 Various Capital Gain Dist'b P 2018-01-01 2018-12-31 11009 11009 11009 Various Publicly Traded Securities P 2018-01-01 2018-12-31 513499 -513499 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388028 Wells Fargo-4.3%,7/22/27 627888 614794 Welltower Inc-4.25%,4/15/28 250541 247478 Phillips 66-3.9%,3/15/28 97081 96599 Barclays Bank PLC-8.125%-Pfd BCS.D Bank of America-6.625%-Pfd BAC.I Nextera Energy Inc 526496 608370 Pfizer Inc 301200 523800 BB&T Corp-5.2%-Pfd F 221974 199350 BB&T Corp-5.625%-Pfd E 125000 116800 BB&T Corp-5.85%-Pfd-D 483718 464930 PNC Financial Services-5.375%-Pfd O 437454 416160 Public Storage-5.625%-Pfd U 200000 195920 Suntrust Banks-5.875%-Pfd E Wells Fargo Global Notes-5.125%-Pfd O 341340 304920 Ameren Corp HSBC CI SPX 5.5% BB&T Corp-5.2%-PFD G 175492 154980 Citigroup Inc-5.8%-PFD C Citigroup Inc-6.875%-PFD K 125000 131100 Citigroup Inc-7.125%-PFD J 250000 261900 Morgan Stanley-6.875%-PFD F 375000 388500 Morgan Stanley-7.125%-Pfd E 375000 395550 Public Storage-5.2%-PFD W 252532 220100 Public Storage-5.2%-PFD X 125000 110250 SCE Trust II-5.1%-PFD G 165993 134960 US Bancorp-5.15%-PFD H 338880 321020 Wells Fargo & Co-5.85%-Pfd Q 324701 319410 JPM Contingent Income SPX-4.6% Allstate Corp-6.625%-Pfd E 228164 226080 Bank of America-6.625%-Pfd BAC.W 125401 127200 Citigroup Inc-6.875%-Pfd L 125000 127100 Commerce Bancshares-6.2%-Pfd B 330234 328120 JP Morgan Chase-6.3%-Pfd W 125000 126850 JP Morgan Chase-6.7%-Pfd T 125000 127050 Morgan Stanley-6.625%-Pfd G 125000 126150 Northern Trust-5.85%-Pfd C 511780 496200 State Street Corp-6%-Pfd E 176066 176120 Wells Fargo & Co-6%-Pfd T 125000 125700 Wells Fargo RL Estate-6.375%-Pfd A 50000 50100 SCE Trust IV-5.375% Pfd J 114446 101500 Bank of America-6.25% Pfd Y 125000 126900 Capital One Fin'l-6.2% Pfd F 125000 126350 Charles Schwab-6% Pfd C 227383 228510 JP Morgan Chase-6.1% Pfd AA 125000 127700 JP Morgan Chase-6.125% Pfd Y 125000 126750 JP Morgan Chase-6.15% Pfd BB 125000 128900 Wells Fargo & Co-6% Pfd V 125000 125550 Caterpillar Inc 284686 254140 Citi CI SPX-5.7%,5/11/26 Cummins Inc JP Morgan Chase Microsoft Corp MS DD TRIGJ SPX-1/4/22 Axis Cap Holdings-5.5%-Pfd E 401679 355980 Bank of America-6% Pfd EE 125000 125250 Bank of America-6.2% Pfd CC 125000 126850 Capital One Fin'l-5.2% Pfd G 960817 864800 Capital One Fin'l-6% Pfd B 324628 319670 Capital One Fin'l-6% Pfd H 125000 124550 Citigroup Inc-6.3%-PFD S 253588 255000 Gabelli Div & Inc Tr-G-5.25% 124106 118650 Gabelli Utility Tr-5.375%-Pfd C 480037 459416 Goldman Sachs Group-6.3%-PFD N 331172 329680 National Retail Properties-5.17%-Pfd Q 98046 92000 Public Storage-4.9%-PFD E 247454 206200 Wells Fargo & Co-5.7%-Pfd W 223206 214200 Wells Fargo & Co-5.5%-Pfd X 559718 530150 3-M Company ABB Ltd Abbott Labs 350981 433980 Abbvie Inc AFLAC Inc Apple Inc Aqua America Inc Bank of America BHP Billiton Ltd Boeing Co Cisco Systems Inc 534210 606620 Citigroup Inc CSX Corp Diageo PLC Eli Lilly & Co 180035 173580 Emerson Electric Co Honeywell International Inc IBM Corp JPM Plus On SPX-4.6% L-3 Technologies Inc Lockheed Martin Corp McDonalds Corp 476920 532710 Medifast Inc MetLife Inc Parker Hannifin COrp Ratheon Co Sysco Corp Unumprovident Corp-6.75%,12/15/28 Vodafone Group PLC Wal-Mart Stores Xilinx Inc Alabama Power Co-5%-Pfd A 124978 118700 Arch Cap Group-5.45%-Pfd F 126626 101650 First Republic Bank-5.125%-Pfd H 620692 533750 Firat Republic Bank-5.5%-Pfd D 174460 158550 Kimco Realty Corp-5.25%-Pfd M 125000 102250 Morgan Stanley-5.85%-Pfd K 831893 801240 Morgan Stanley-6.375%-Pfd I 250000 252300 PS Business Parks-5.7%-Ser Y 453138 369900 Public Storage-4.95%-Pfd D 372577 315450 Public Storage-5.05%-Pfd G 125000 106650 Public Storage-5.15%-Pfd F 501506 431200 SCE Trust VI-5% Pfd L 480771 345610 Vornado Realty Trust-5.7%-Pfd K 153750 134940 Wells Fargo & Co-5.65%-Pfd Y 347745 329000 Hormel Foods Corp 116076 128040 McCormick 290427 306328 Merck & Co 293969 305640 Allianzgi-5.625%,Pfd A 450157 424440 Allstate Corp Dep 1/1000 G 728025 694550 Apollo Global Mgmt-6.375% B 381295 332700 Bank of America-5.875%-Pfd HH 919413 916490 Bank of America-6%-Pfd GG 479350 476900 Firat Republic Bank-5.5%-Pfd I 365937 333300 Hartford Fin'l Services-6%-Pfd G 1271603 1262000 JP Morgan Chase-5.75%- Pfd DD 1997097 1987382 Keycorp-5.65%-Pfd F 707633 660620 MetLife Inc-5.62%-Pfd E 1468625 1389450 Nisource Inc-6.5%-Ser B 603606 600960 Renaissancere Hldgs-Pfd F 171246 152810 State Street Corp-5.35%-Pfd G 320072 310440 US Bancorp-5.5%-PFD K 759142 753045 619525 631684 JP Morgan Equity Inc A AT COST 250000 369307 Entergy Arkansas-4.9%,12/1/52 AT COST 338089 321580 GE Capital Corp-4.875%,10/15/52 AT COST Nextera-5.125%,11/15/72 AT COST 251562 223900 Stanley Blacker Ser I-5.7%,7/25/52 AT COST 125000 118550 Duke Energy Corp-5.125%,1/15/73 AT COST 125000 113500 Entergy Arkansas-4.75%,6/1/63 AT COST 247951 222908 Entergy Louisiana LLC-4.7%,6/1/63 AT COST 246668 214500 GE Capital Corp-4.7%,5/16/53 AT COST GE Capital Corp-4.875%,1/29/53 AT COST Nextera Energy Cap-5%,1/15/73 AT COST 100000 88360 Prudential Fin'l-5.7%,3/15/53 AT COST 125000 116650 Qwest Corp-6.125%,6/1/53 AT COST 178364 126000 WR Berkley Corp-5.625%,4/30/53 AT COST 257304 226500 Zions Bancorp-6.95%,9/15/28 AT COST 252646 276400 Qwest Corp-6.875%,10/1/54 AT COST 125000 98650 Verizon Communications-5.9%,2/15/54 AT COST 125000 126500 Ishares Select Div ETF AT COST 395402 419757 Southern Co-6.25%,10/15/75 AT COST 125000 127550 BOK Financial-5.375%,6/30/56 AT COST 50000 45660 Entergy Arkansas-4.875%,9/1/66 AT COST 483727 464102 Entergy Louisiana LLC-4.875%,9/1/66 AT COST 391732 368960 Entergy Mississippi-4.9%,10/1/66 AT COST 712954 644090 Legg Mason Inc-5.45%,9/15/56 AT COST 125000 102000 Nextera Energy Cap-K-5.25%,6/1/76 AT COST 1110015 1030500 Southern Co-6.25%,-A,10/1/76 AT COST 713192 632490 AT & T Inc-5.35%,11/1/66 AT COST 1190749 1136310 Georgia Power Co-5%,10/1/77 AT COST 255585 212100 Southern Co-5.25%,12/1/77 AT COST 298510 261960 Stifel Fin'l-5.2%,10/15/47 AT COST 50000 41040 Industrial Sel Sec SPDR Fd AT COST SPRD S&P 500EFT Trust AT COST 1099264 999680 AT & T Inc-5.35%,11/1/66 AT COST 250000 222600 Brunswick Corp-6.5%,10/15/48 AT COST 100000 100560 Brunswick Corp-6.625%,1/15/49 AT COST 1073949 1016954 CMS Energy Corp-5.875%,10/15/78 AT COST 250000 240600 Duke Energy Corp-5.625%,9/15/78 AT COST 1061211 1023400 Ebay Inc-6%,2/1/56 AT COST 253042 254800 Enbridge Inc-6.375%,5/15/78 AT COST 250000 235400 Prudential Fin'l-5.625%,8/15/58 AT COST 346124 330960 Unum Group-6.25%,6/15/58 AT COST 200000 181360 WR Berkley Corp-5.7%,3/30/58 AT COST 125000 110250 Employee Expenses 1857 1857 Filing Fees 1500 1500 Interest & Service Charges 234 Public Notice 160 160 Kandel & Company-Management 40000 36000 0 4000 Barbara Brunckhorst 310 Wickham Glen Drive Richmond VA 23238 Barbara Brunckhorst 2010 Trust 310 Wickham Glen Drive Richmond VA 23238 Excise Tax -'18 52749 Payroll Taxes 4207 4207 Unrelated Business Tax-'18 446930