
Financials
FISCAL STEWARDSHIP
THE ROCKEFELLER FOUNDATION CONDENSED FINANCIAL STATEMENTS FOR 2013
Statement of Financial Position as of December 31. Amounts in millions. Numbers are rounded.
ASSETS | 2012 | 2013 |
Cash, cash equivalents and other current assets | 13 | 15 |
Investments | 3,636 | 4,042 |
Other long term assets | 47 | 64 |
Total Assets | 3,696 | 4,121 |
LIABILITIES AND NET ASSETS | ||
Accounts payable and accrued expenses | 9 | 9 |
Grants payable | 51 | 74 |
Debt outstanding | 19 | 17 |
Other liabilities | 28 | 34 |
Total liabilities | 107 | 134 |
Unrestricted Net Assets | 3,589 | 3,987 |
Total liabilities and Net Assets | 3,696 | 4,121 |
Statement of Activities as of December 31. Amounts in millions. Numbers are rounded.
REALIZED INVESTMENT INCOME | 2012 | 2013 |
Realized investment income | 297 | 202 |
Investment expense | (14) | (12) |
Net realized investment income | 283 | 190 |
EXPENSES | ||
Grants and direct charitable activities | 130 | 156 |
Program costs | 27 | 31 |
Operations | 22 | 17 |
Taxes | 5 | 4 |
Total expenses | 184 | 208 |
Net realized investment income over expenses | 99 | (18) |
Unrealized appreciation (depreciation) on investments | 89 | 401 |
Pension and post-retirement benefit adjustments | 3 | 15 |
Change in Net Assets | 191 | 398 |