| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD INST TOTAL STK MKT INDX FD | FMV | 1,015,994,984 | 1,015,994,984 |
| VANGUARD DEVELOPED MKT INDX FD | FMV | 470,089,014 | 470,089,014 |
| VANGUARD EMERG MKTS STK INDX FD | FMV | 78,469,204 | 78,469,204 |
| ART HELD FOR INVESTMENT | FMV | 13,185,000 |