Home Annual Report 2014: Financials

Annual Report 2014: Financials

The Rockefeller Foundation condensed financial statements for 2014.

Statement of Financial Position as of December 31. Amount in millions. Numbers are rounded.

View 2014-990-PF

ASSETS 2014 2013
Cash, cash equivalents, and other current assets 11 15
Investments 4,168 4,042
Other long term assets 59 64
Total Assets 4,238 4,121
LIABILITIES AND NET ASSETS
Accounts payable and accrued expenses 9 9
Grants payable 39 74
Debt outstanding 16 17
Other liabilities 35 34
Total liabilities 99 134
Unrestricted Net Assets 4,139 3,987
Total liabilities and Net Assets 4,238 4,121

Statement of Activities as of December 31. Amount in millions. Numbers are rounded.

REALIZED INVESTMENT INCOME 2014 2013
Realized investment income 401 202
Investment expense (14) (12)
Net realized investment income 387 190
EXPENSES
Grants and direct charitable activities 115 156
Program costs 22 31
Operations 18 17
Taxes 8 4
Total Expenses 163 208
Net realized investment income over expenses 224 (18)
Unrealized appreciation (depreciation) on investments  (59) 401
Pension and post-retirement benefit adjustments (13) 15
Change in Net Assets 152 398