| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VANGUARD INST TOTAL STK MKT INDX FD | FMV | 1,441,665,132 | 1,441,665,132 |
| VANGUARD DEVELOPED MKT INDX FD | FMV | 667,805,659 | 667,805,659 |
| VANGUARD EMERG MKTS STK INDX FD | FMV | 112,634,229 | 112,634,229 |
| ART HELD FOR INVESTMENT | FMV | 7,960,500 |