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Nurturing the Potential of Children While I was visiting a childcare facility in an African country recently, as often happens in developing countries, the power went out. Suddenly the children, who had been lying in cribs, began to wail. At first the sound was only eerie, but as their voices rose, the air seemed to swell with the children’s fears. My heart went out to those children. Deprived of close personal care, children feel vulnerable and afraid. Without security and encouragement their development begins to fall behind. How I wished that Holt was already at work in this institution. Holt’s goal for every child is that each one will be united with a permanent, loving family. And while Holt pursues a permanent solution, we provide nurturing care that not only alleviates children’s fears, it encourages their growth and development. For over half a century, these have been the hallmarks of Holt’s work. Around the world today, orphaned, abandoned and vulnerable children need the kind of caring that Holt and our international partners provide. During 2007 Holt and its partners surpassed several noteworthy milestones: tPWFS DIJMESFOQMBDFEXJUIMPWJOHBEPQUJWFGBNJMJFTJOUIF6OJUFE4UBUFT tXFQMBDFEPVS UI7JFUOBNFTFDIJMEXJUIB64BEPQUJWFGBNJMZ tXFSFBDIFEPWFS $IJOFTFDIJMESFOQMBDFEXJUIBEPQUJWFGBNJMJFT t DIJMESFOIBWFCFFOTFSWFEUIPVHIBWBSJFUZPGQSPHSBNTJO3PNBOJB t ,PSFBODIJMESFOIBWFOPXSFDFJWFEQFSNBOFOU MPWJOHGBNJMJFT tFBSMZJOPVSQBSUOFSBHFODZ#44,JO*OEJB QMBDFEJUT UIDIJMEXJUIBOBEPQUJWFGBNJMZ Every one of the children represented by these statistics has a very real and individual story. It is our mission to children in need to find ways that will open up a world of possibilities for each one. Still, it is their own individual potential that we are simply helping to release. It is a privilege to serve children as we do. #VUUIJTXPSLJTQPTTJCMFPOMZCFDBVTFPGPVSQBSUOFSTJOTFSWJOHDIJMESFO‰EPOPST BEPQUJWFGBNJMJFTBOEDPMMFBHVFTBSPVOE the world. Together, we are all motivated by our faith and by our commitment to the inestimable value of every child. On behalf of Holt International and the children we serve, I thank you for your interest in making a difference in children’s lives. You help us to ensure that children are loved and cared for, that their fears are comforted and that they are neither left behind nor left outside of the love and belonging of a family.

Gary N. Gamer 1SFTJEFOUBOE$&0

all children are beautiful when they’re loved... ~ Bertha Holt


A Second Chance—Thanks to Sponsors A Note From Holt Adoptee, Gina Gerleman

Highlights of 2007 Cambodia 142 children served During 2007 Holt continued to develop its childcare programs and partnerships in Cambodia. China 3,900 children served Holt stepped up efforts in advocating for children with special needs, finding families for more waiting children than in 2006. Holt reached out to more children affected by HIV/AIDS and expanded family preservation efforts. Ethiopia 12 children served Holt received its license to place Ethiopian children with adoptive families internationally, and established a center for initial temporary care of children in southern Ethiopia. This Durame Center began receiving children into care before the year’s end. In 2008 Holt will develop a center in Addis Ababa to care for children in process for permanent families.

My goal for the longest time was to donate to this wonderful organization. Later I hope to sponsor other children and give them the opportunities such as my TQPOTPST‰UIF,FBTMJOHGBNJMZGSPN/FCSBTLBBOE0TMFS GBNJMZGSPN.JOOFTPUB‰HBWFNF8JUIPVUUIFN nothing would have been possible for me. Thanks to Holt International and the staff of APIF [Asociacion Para la Integracion Familiar, Holt’s partner agency in Guatemala] who took care of me, I was placed in the most loving family I could have been blessed with. Fourteen years ago, my adoptive parents, Joyce and David Gerleman, showed me the unconditional love that every child deserves. I was blessed with hugs and kisses every morning. It was wonderful knowing Mommy and Daddy would be there and I was safe. I am grateful to them all for taking a chance to do God’s will and to also change my life. I hope and pray to bless others with my contribution, though small, to help God’s children so that they, too, can rise up and make a difference. May God put His hands on this donation and bless those who are in need. Thank you to all at Holt International and APIF for giving children like me a second chance at life, and showing us unconditional kindness.

Guatemala 33 children served Funded by the U.S. Agency for International Development, Holt conducted a survey of Guatemalan orphanages. Over 5,600 children currently live in the 127 orphanages surveyed. Uncertainty about the future of international adoption from Guatemala led Holt to temporarily halt accepting new adoption applications for children of this country. However, Holt hopes to work with the Guatemala government in developing a reformed adoption process for the future.

Sincerely,

Haiti 315 children served With funding from Rotary International and sponsoring Rotary clubs, Holt launched “Fanmi Ansanm� (Family Together), a family preservation program which served 284 children in 153 families in its first year. Holt continues to develop its childcare and adoption program with efforts to increase capacity to care for more children in the future.

Kazakhstan 17 children served In May Holt obtained the registration required to serve children in all regions of Kazakhstan. Holt has begun working with U.S. families interested in adopting from Kazakhstan. Holt continues to care for children at one institution.

India 2,535 children served Holt’s partner agency in Bangalore, Vathsalya Charitable Trust (VCT), completed construction of its childcare center/office. The new facility reflects VCT’s reliance on foster parents as the primary method of care for children. Early in 2008 Holt’s partner agency in Pune, Bharatiya Samaj Seva Kendra, placed its 3,000th child with an adoptive family.

LEFT: Gary Gamer holds one of the many Ethiopian children for whom international adoption is the most effective way to unite them with loving parents.

FRONT COVER: In 2007 Holt initiated a program in Ethiopia where over 4 million children have lost or become separated from birth parents.

Gina Gerleman

ABOVE: Gina Gerleman, who was adopted from Guatemala, is thankful for the care her Holt sponsors helped provide and the love, belonging and encouragement she has known with her adoptive parents.

South Korea 9,770 children served Holt Children’s Services of Korea continues its exemplary programs for children in need of families. For the first time in its history, domestic adoptions exceeded international adoptions.

ABOVE LEFT: Healthy and hopeful—because of care and essentials that sponsors help provide, children, such as this girl in the Philippines, will have their needs met until they can be united with a permanent family.


Remain with Birth Family—3335 Overseas Domestic Placements—786 US International Placements—561 Other International Placements—532 Return to Birth Family—309 US Domestic Placements—59

Permanent Placements Distribution

North Korea 1,126 children served Holt stepped up its support to several orphanages. Facilities were improved, and there has been greater nutritional support to help the children. Severe weather conditions have made Holt’s support especially vital to the children’s survival. Mongolia 234 children served Holt’s program expanded to another orphanage for older children in 2007. Holt’s family preservation efforts continue to help return children to their birth families. Nepal 23 children served Holt joined with Nepal Child Conservation Home to improve the health and nutrition of children in this family-based childcare center. Holt brought in a physician and increased the number of caregivers at the center. Philippines 3,484 children served Holt’s advocacy has helped institute a new process for homefinding for children with special needs. Under the new system Holt is helping more children with special needs to be adopted.

Romania 2,396 children served Holt Romania Foundation significantly grew the number of children assisted through family preservation efforts. HRF has begun construction of a Parent Resource Center in Constanta. Thailand 11,592 children served Holt Sahathai Foundation continues to expand its efforts to keep children with birth families. HSF and Holt also began an effort to place children in government institutions with adoptive families. Uganda 8,896 children served Holt’s Uganda partner, Action For Children, continues to reach more at-risk children and train more people to provide adequate family-like environments for children who have lost parents to HIV/AIDS. Ukraine 385 children served Holt’s efforts helped return 85 children to their birth parents and enabled 132 at-risk children to remain in their families. Holt’s leadership is finding ways for children to leave institutions and become part of families.

United States 75 children served Early in 2008 the U.S. State Department announced that Holt has successfully completed accreditation for the Hague Convention on Intercountry Adoption, which entered into force for the United States on April 1, 2008. This allows Holt to continue to provide adoption services to children from countries that have ratified the Hague Treaty. During the year Holt provided post adoption services to 2,762 people. Vietnam 483 children served A typhoon in central Vietnam left many very poor families seeking temporary care for their children. Holt’s assistance helped many of these families to remain together. Holt’s adoptive placements grew in 2007, and we expanded childcare programs in Quang Tri province. ABOVE LEFT: Groomed for school—girls radiate confidence and joy, indicative of the quality of care they receive at Holt Fontana Village in Haiti. ABOVE: Pediatrician Dr. Navarange examines children at Bharatiya Samaj Seva Kendra, a Holt partner agency in India. Regular medical exams and prompt treatment give children an important advantage toward a bright future. RIGHT: Rozalia was in a vulnerable place when Holt Romania Foundation learned about her and her two siblings. Her single mother couldn’t provide adequately for the children; their nutrition and health were deteriorating. But with food and other assistance, guidance from an HRF social worker and family training sessions, Rozalia is much more secure now, and she is getting the nutrition she needs. Holt’s family preservation efforts such as this help ensure that children around the world have the security and loving parenting they need.


‘Can You Find A Family To Adopt Me?’’

hinder efforts to find an adoptive family.

RIGHT: Autumn Cloud (right above) needed an adoptive family. Through extraordinary efforts and God’s provision, she was united with the Gresh family (right) before her eligibility expired. Holt strives to be a world leader in finding families for “waiting children�—children with medical conditions, older children and those in sibling groups.

50000

6000 5000

40000

4000

30000

3000 20000

Total Children Served

2007

2006

0

2005

1000

2003

2007

0

2006

10000

2004

2000 2004

ɨFHJSM OBNFE"VUVNO$MPVE IBEMPTU most of her family, and remaining family NFNCFSTDPVMEOPUDBSFGPSIFS"U years old, her chances for adoption in $IJOBXFSFWJSUVBMMZ[FSP BOETIFIBEMFTT than a year of eligibility left to be adopted overseas.

Autumn’s case is unique, but it exemplifies Holt’s commitment to finding families for all children, including those who are older, or have medical and other conditions that may

2005

At the time Jian was leading a group of visiUPST XIJDIJODMVEFEUIF$ISJTUJBONVTJD group NewSong, as they were touring Holtsupported projects in Jianxi Province.

Against the odds, the NewSong group committed themselves to finding a family for Autumn, and within a few weeks, a family expressed their desire to adopt her. After a miraculous hurry-up process, the Gresh GBNJMZUSBWFMFEUP$IJOBBOECSPVHIU Autumn into their family.

2003

A girl stepped out of the crowd to approach +JBO$IFO )PMUT$IJOBQSPHSBNEJSFDUPS  and asked a question that many children may feel but only a few can articulate: i$BOZPVĂŤOEBGBNJMZUPBEPQUNF w

Total Permanent Placements


A Partnership for the Children We, at Holt, recognize that we serve as the hands and arms of very caring and generous people. Holt staff and donors work in partnership to make a difference in the lives of homeless children, and we are accountable to donors for the effective use of every contribution. Donors’ desire to help children, along with their trust in Holt, make it possible for us to bring essential care, nutrition, medical treatment and shelter to hurting children. Children’s lives and futures depend upon Holt’s integrity and effective work. It is a privilege for us to serve children on donors’ behalf. We strive to maintain an open and transparent relationship with our donors. Every year Holt conducts a financial audit, and the resultant reports are available to the public. The brief report on this and the following page represents key portions from Holt’s 2007 financial audit conducted by Jones & Roth CPAs. A full audited report is available and gladly provided upon request. A downloadable version is also available on Holt’s website: www.holtinternational.org.

Statement of Financial Position December 31, 2006 and December 31, 2007 ASSETS Cash & Cash Equivalents Receivables

2007

2006

$ 1,891,195

$ 2,506,856

1,008,483

1,246,187

72,118

59,631

498,099

313,497

Prepaid Support - Holt Children’s Services, Korea

1,471,860

939,525

Public Support—$9,089

Investments

6,646,623

5,437,109

Adoption Fees—$8,883

Land, Building, and Equipment, Net of Accumulated Depreciation

1,472,177

1,456,094

$ 13,060,555

$ 11,958,899

Accounts Payable & Accrued Expenses

$ 615,025

$ 630,244

International Program Support Payable

836,223

566,113

3,612,410

3,226,822

239,385

163,955

USAID Grant Receivable Prepaid Expenses & Supplies

Total Assets

2007 Revenue (x 1,000)

Other—$1,269

LIABILITIES AND NET ASSETS Liabilities:

Deferred Adoption Fee Revenue Deferred Transportation Fees

2,750

18,200

Deferred Compensation

101,335

105,069

Annuity Obligation

140,703

93,224

5,547,831

4,803,627

Deferred Revenue - Other

Total Liabilities

2007 Expenses (x 1,000) International Programs—$8,551 Adoptive Family Services—$6,193 Fundraising—$2,340 Management & General—$1,799

NET ASSETS Unrestricted Net Assets: Undesignated Net Assets

2,751,415

3,321,508

Board Designated Endowment

1,605,521

1,335,832

ABOVE: In the loving arms and attentive care of a foster mother in Thailand—too often institutional care is not able to give children the individual attention and care they need. Holt has pioneered foster care in many countries, dramatically improving the health and development of homeless children.

Temporarily Restricted Net Assets

1,194,092

754,494

Permanently Restricted Net Assets

1,961,696

1,743,438

7,512,724

7,155,272

ABOVE RIGHT: In Uganda, where adoption is not yet possible, Holt continues to preserve birth families and to find creative ways for children to experience a loving, secure, family-like environment.

$ 13,060,555

$ 11,958,899

ABOVE FAR RIGHT: Like children in Holt programs around the world, this boy in Vietnam relies upon the support of Holt donors for the basic, nutritious food he needs daily.

Total Net Assets Total Liabilities and Net Assets


Statement of Activities

For the Year Ended December 31, 2007 (with comparative totals for 2006)

REVENUES AND OTHER SUPPORT

2006

2007

Permanently Restricted

Total

Total

Unrestricted

Temporarily Restricted

$ 1,799,766

$ 5,697,434

$ 218,258

$ 7,715,458

$ 5,567,640

-

740,081

1,088,245

Public Support: Contributions Grants Received: 740,081

-

USAID Grant, Guatemala

42,854

567,841

Other

22,750

-

USAID Grant, Ukraine

42,854

-

-

590,591

536,940

Revenues: 8,882,717

-

-

8,882,717

11,936,970

Transportation Fees

281,710

45,198

-

281,710

381,630

Investment, Principally Interest

186,128

-

-

231,326

190,432

Tour Charges

371,785

-

-

371,785

406,730

Adoptee Services

115,226

-

-

115,226

83,046

Other Contracts

29,234

-

-

29,234

56,054

7,711

-

-

7,711

2,037

-

16,765

101,098

Adoption Fees

Publication Sales, Net of Expenses of $58,350 in 2007 and $43,192 in 2006 Other Revenue

16,765

Gains: Gain on Sale of Assets Net Unrealized/Realized Gain on Investments Net Assets Released From Restrictions Total Revenues & Other Support

70

-

-

70

1,576

199,804

-

5,886,390

15,515 (5,886,390)

-

215,319 -

504,257 -

18,582,991

439,598

218,258

19,240,847

20,856,655

EXPENSES Program Services: U.S. Program

6,193,310

-

-

6,193,310

6,852,666

International Program

1,709,643

-

-

1,709,643

1,422,608

Holt Children’s Services - Korea

2,415,082

-

-

2,415,082

2,720,703

Other

4,426,056

-

-

4,426,056

4,782,143

14,744,091

-

-

14,744,091

15,778,120

Management & General

1,799,132

-

-

1,799,132

1,717,091

Fundraising

2,340,172

-

-

2,340,172

1,977,808

4,139,304

-

-

4,139,304

3,694,899

18,883,395

-

-

18,883,395

19,473,019 1,383,636

International Program Support:

Total Program Services Supporting Services:

Total Supporting Services Total Expenses

CHANGE IN NET ASSETS

(300,404)

439,598

218,258

357,452

Net Assets, Beginning of Year

4,657,340

754,494

1,743,438

7,155,272

5,771,636

$ 4,356,936

$ 1,194,092

$ 1,961,696

$ 7,512,724

$ 7,155,272

Net Assets, End of Year


every child deserves a home...

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2007 Annual Report