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 |