| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD INST TOTAL STK MKT INDX FD | FMV | 793,091,259 | 793,091,259 |
| VANGUARD DEVELOPED MKT INDX FD | FMV | 362,597,504 | 362,597,504 |
| VANGUARD EMERG MKTS STK INDX FD | FMV | 62,726,195 | 62,726,195 |
| ART HELD FOR INVESTMENT | FMV | 15,892,000 |