#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD BD INDEX FDS	921937835	984,315	$72.9M	13.01%
2	VANGUARD INDEX FDS	922908736	134,018	$65.4M	11.66%
3	VANGUARD INDEX FDS	922908744	304,877	$58.2M	10.39%
4	VANGUARD CHARLOTTE FDS	92203J407	1,163,482	$56.2M	10.03%
5	VANGUARD TAX-MANAGED FDS	921943858	777,465	$48.6M	8.66%
6	VANGUARD BD INDEX FDS	921937827	465,429	$36.7M	6.54%
7	VANGUARD INDEX FDS	922908611	101,609	$21.5M	3.84%
8	VANGUARD INDEX FDS	922908595	66,046	$20.0M	3.56%
9	VANGUARD INTL EQUITY INDEX F	922042858	307,263	$16.5M	2.95%
10	VANGUARD INTL EQUITY INDEX F	922042718	106,656	$15.3M	2.73%
11	VANGUARD INDEX FDS	922908553	155,736	$13.8M	2.46%
12	SPDR INDEX SHS FDS	78463X889	290,406	$12.9M	2.30%
13	VANGUARD INDEX FDS	922908769	35,535	$11.9M	2.13%
14	VANGUARD MUN BD FDS	922907746	230,186	$11.6M	2.06%
15	ISHARES TR	464288158	100,240	$10.7M	1.91%
16	VANGUARD SCOTTSDALE FDS	92206C870	93,834	$7.9M	1.40%
17	VANGUARD INDEX FDS	922908363	10,575	$6.6M	1.18%
18	ISHARES TR	464288414	55,813	$6.0M	1.07%
19	SPDR SER TR	78464A409	42,929	$4.6M	0.82%
20	VANGUARD INDEX FDS	922908629	14,162	$4.1M	0.73%