Fair value measurements as of June 30, 2015 are as follows:
| Level 1 | Level 2 | Level 3 | Total | |
|---|---|---|---|---|
| Common stocks | 4,152,722 | - | - | 4,152,722 |
| Mutual funds: | ||||
| Bond funds | 318,503 | - | - | 318,503 |
| Small cap equity funds | 146,528 | - | - | 146,528 |
| Mid cap equity funds | 6,171 | - | - | 6,171 |
| Large cap equity funds | 13,655 | - | - | 13,655 |
| International equity funds | 1,334,499 | - | - | 1,334,499 |
| Balanced equity funds | 235,582 | - | - | 235,582 |
| Debt securities: | ||||
| Municipal bonds | - | 292,540 | - | 292,540 |
| Corporate bonds | - | 1,960,343 | - | 1,960,343 |
| U.S government securities | 651,670 | - | - | 651,670 |
| Real estate investment trust | - | 160,258 | - | 160,258 |
| Equity exchange traded funds | 215,083 | - | - | 215,083 |
| Total | 7,074,413 | 2,413,141 | - | 9,487,554 |