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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF FTSE DEV MKT ETF 921943858 16,401 438,418 SH   SOLE   438,418 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF FTSE EUROPE ETF 922042874 40,246 825,900 SH   SOLE   825,900 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF FTSE EUROPE ETF 922042874 39,891 818,628 SH   DFND   0 0 818,628