2009 Financial Highlights

Page 1

2009 Financial Highights The Philadelphia Foundation Consolidated Statements of Financial Position ASSETS

Cash and Cash Equivalents

2009

$19,417,547

Contributions Receivable Prepaid Expenses and Other Assets Total

24,516,266

$20,815,445 26,233,813

51.283

33,905

$43,985,096

47,083,163

Non-Endowment Investments Equities

7,346,506

5,809,523

5,616,007

5,530,002

105,140

102,025

13,067,653

11,441,550

Fixed Income Cash and Cash Equivalents Total Non-Endowment Investments

2008

LIABILITIES AND NET ASSETS

2009

2008

Accounts Payable and Accrued Liabilities

$993,572

$1,613,555

Grants Payable

1,473,482

1,238,141

Liabilities Under Split-Interest Agreements

1,515,628

1,529,733

Liabilities Under Agency Accounts

4,939,500

3,824,716

285,017

297,909

9,207,199

8,504,054

206,949,730

172,639,691

26,843,406

27,490,413

For Administrative Endowment and Operations

4,255,750

4,089,556

LIABILITIES

Deferred Rent Total Liabilities

NET ASSETS

Endowment Investments Equities

123,487,223

97,460,984

Unrestricted For Grant Endowments

Fixed Income

68,284,231

59,413,432

For Grantmaking

441,296

431,215

Cash Surrender Value of Life Insurance

Temporary Investments

6,685,953

3,965,531

Total Unrestricted

238,048,886

204,219,660

Other

18,907,353

22,015,898

Temporarily Restricted

31,256,452

32,231,112

217,806,056

183,287,060

945,899

839,458

4,577,330

3,982,432

270,251.237

237,290,230

22,301

79

Total Endowment Investments Split-Interest Agreements

Property and Equipment Total Assets

$279,458,436

$245,794,284

Permanently Restricted

Total Net Assets Total Liabilities and Net Assets

$279,458,436

$245,794,284

INVESTMENT MANAGERS The endowment assets of TPF, Inc., are managed by: Access Capital Strategies American Funds Armstrong Shaw William Blair & Co. City of London Investment Mgmt. Colchester Global Investors

Eagle Capital Management, LLC Forester Partners, LP Gryphon International Investment Corp. Merrill Lynch Metropolitan Real Estate Equity Mgmt., LLC Perennial Capital Management, LLC

Philadelphia International Advisors PIMCO Post Advisory Group The Investment Fund for Foundations (TIFF) Turner Investment Partners, Inc. The Vanguard Group

1234 Market Street I Suite 1800 I Philadelphia, PA 19107 I www.philafound.org I 215 563 6417


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