The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
Expires: July 31, 2015
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 PORTFOLIO DEVELOPED WORLD EX-US ETF 78463X889 26,014,889 516,271 SH SOLE 516,271 0 0
VANGUARD INDEX FDS REIT ETF 922908553 20,988,275 217,653 SH SOLE 217,653 0 0
VANGUARD S&P 500 ETF NONE 922908363 187,107,560 272,430 SH SOLE 272,430 0 0
VANGUARD RUSSELL 2000 ETF 92206C664 12,859,938 105,913 SH SOLE 105,913 0 0