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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

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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 4,451 128,727 SH   SOLE   119,473 0 9,254
International Developed (FTSE ETF 921943858 6,243 174,006 SH   SOLE   149,866 0 24,140
International Developed (MSCI ETF 464287465 1,507 26,365 SH   SOLE   26,365 0 0
Total World Stock (FTSE Global ETF 922042742 2,643 45,812 SH   SOLE   45,812 0 0
US Large Cap (S&P 500 Index) ETF 78462f103 8,000 38,927 SH   SOLE   35,066 0 3,861