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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
SPDR S&P 500 ETF TR UNIT 78462F103 110,113,607 438,298 SH   SOLE 0 438,298 0 0
VANGUARD TAX MANAGER INTL FD FTSE DEV MK ETF 921943858 44,661,467 1,028,829 SH   SOLE 0 1,028,829 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 16,366,417 375,635 SH   SOLE 0 375,635 0 0
VANGUARD INDEX FDS REIT ETF 922908553 7,982,872 96,075 SH   SOLE 0 96,075 0 0