| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| COHEN & STEERS INSTITUTIONAL REALTY | AT COST | 145,300 | 132,080 |
| SCHWAB S&P 5 0 0 INDEX FUND | AT COST | 657,400 | 850,107 |
| WASATCH CORE GROWTH FUND | AT COST | 203,733 | 139,879 |
| LAZARD GLOBAL LISTED INFRASTRUCTURE | AT COST | 145,300 | 136,099 |
| FMI INTERNATIONAL FUND | AT COST | 209,554 | 163,725 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | AT COST | 309,838 | 257,905 |
| VANGUARD FTSE EMERGING MARKETS ETF | AT COST | 232,865 | 170,498 |
| VANGUARD SMALL-CAP ETF | AT COST | 117,444 | 164,635 |
| EVERGREEN LARGE CAP CORE 1 | AT COST | 1,062,707 | 939,807 |
| ACCOLADE PARTNERS BLOCKCHAIN I I , L . P | AT COST | 38,636 | 25,572 |
| BLACKROCK APPRECIATION STRATEGY FUND | AT COST | 452,000 | 534,985 |
| CORDILLERA INVESTMENT FUND I I I | AT COST | 49,888 | 40,499 |
| EUROPEAN SECONDARY OPPORTUNITIES I | AT COST | 139,979 | 35,471 |
| FEG ABSOLUTE ACCESS FUND I LLC | AT COST | 2,638 | 1,871 |
| FUNDAMENTAL PARTNERS I I I LP | AT COST | 589,214 | 387,929 |
| FUNDAMENTAL PARTNERS MUNICIPAL TRUST | AT COST | 226,600 | 18,202 |
| GCM GROSVENOR CO-INVESTMENT OPP FD | AT COST | 495,392 | 200,122 |
| HARRISON STREET REAL ESTATE PARTNERS | AT COST | 247,364 | 921 |
| INTERNATIONAL FARMLAND TRUST | AT COST | 275,000 | 25,899 |
| IRON POINT | AT COST | 66,894 | 56,092 |
| J P MORGAN US I & G DOMESTIC REIT | AT COST | 27 | 27 |
| J . P . MORGAN U . S . REAL ESTATE INCOME | AT COST | 132,845 | 230,148 |
| LIME ROCK RENEWABLES | AT COST | 44,255 | 25,518 |
| MAP RE 2 0 1 8 , L . P . | AT COST | 62 | 104 |
| PINEBRIDGE STRUCTURED CAPITAL | AT COST | 476,039 | 88,775 |
| PRIVATE OPP FUND V , SERIES C | AT COST | 15,800 | 28,122 |
| PRIVATE OPP FD I I I , SERIES B | AT COST | 123,707 | 195,322 |
| PRIVATE OPP FD I I I , SERIES D | AT COST | 143,127 | 121,263 |
| PRIVATE OPP FD I V | AT COST | 262,358 | 408,335 |
| RIDGEWOOD INFRASTRUCTURE | AT COST | 51,744 | 53,561 |
| SIGHTLINE HEALTHCARE OPPORTUNITY | AT COST | 200,000 | 42,277 |
| SPECIAL CREDIT OPPORTUNITIES | AT COST | 114,352 | 8,660 |
| TIMBER BAY FUND | AT COST | 60,424 | 59,289 |
| WESTLY CAPITAL PARTNERS FUND I I , L . P | AT COST | 273,641 | 102,968 |
| WESTLY CAPITAL PARTNERS FUND, L . P . | AT COST | 143,624 | 12,156 |
| DODGE AND COX | AT COST | 446,300 | 432,464 |
| VANGUARD SHORT TERM BOND | AT COST | 266,060 | 267,018 |
| PRIVATE OPP FUND VI SERIES B | AT COST | 3,084 | 2,817 |
| PRIVATE OPP FUND VI SERIES C | AT COST | 5,390 | 5,251 |
| PRIVATE OPP FUND VI SERIES D | AT COST | 4,976 | 4,716 |
| RIDGEWOOD INFRASTRUCTURE II | AT COST | 1,610 | 1,610 |
| RCP SOF IV | AT COST | 16,298 | 16,298 |