The Rockefeller Foundation condensed financial statements for 2014.
Statement of Financial Position as of December 31. Amount in millions. Numbers are rounded.
| 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 |