The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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

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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
Emerging Market (FTSE Index) ETF 922042858 7,488 228,913 SH   SOLE   223,559 0 5,354
International Developed (FTSE ETF 921943858 5,965 162,444 SH   SOLE   146,204 0 16,240
International Developed (MSCI ETF 464287465 1,567 26,685 SH   SOLE   26,685 0 0
Total World Stock (FTSE Global ETF 922042742 2,640 45,812 SH   SOLE   45,812 0 0
US Large Cap (S&P 500 Index) ETF 78462f103 7,603 37,292 SH   SOLE   34,756 0 2,536