UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: March 31, 2010
Check here if Amendment [  ];  Amendment Number:
This Amendment (Check only one.): [ ]is a restatement.
                     	          [ ]adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:		John Rau
Address:	410 North Michigan Avenue
		Room 590
		Chicago, Illinois 60611

Form 13F File Number:  28-10858

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:		John Rau
Title:		Trustee
Phone:		312-644-6720
Signature,    	  Place  	       	and Date of Signing:
John Rau    Chicago, Illinois		 05/06/10

Report Type (Check only one.):

[X]	13F HOLDINGS REPORT.  (Check here if all holdings of this
reporting manager are reported in this report.)

[ ]	13F NOTICE.  (Check here if no holdings reported are in
this report, and all holdings are reported by other
reporting manager(s).)

[ ]	13F COMBINATION REPORT.  (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)



Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:	2
Form 13F Information Table Entry Total:0
Form 13F Information Table Value Total:0

Confidential information has been omitted from the public Form
13F and filed separately with the Commission.

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing
this report.

No.                Form 13F File Number          Name
1                      28-10850                 Stephen M. Strachan
2                      28-12349    		Charles E. Seitz III


                                                    
        FORM 13F INFORMATION TABLE
                                        SHARES/                  INVSTMT OTHER
NAME OF ISSUER  TITLE   CUSIP   VALUE   PRN AMT SH/PRN  PUT/CALL DSCRETN MANAGERS SOLE    SHARED  NONE

Confidential information has been omitted from the public Form 13F report
and filed separately with the Commission.