Financial Overview :: Henry M. Jackson Foundation
Financial Overview
The Henry M. Jackson Foundation is a public charity. It had total assets of $13.4 million as of fiscal year end 2011, built over the years by private contributions from donors and a generous Congressional appropriation. The Foundation's assets declined $1.2 million during fiscal year 2011. The chart below (Figure 1) shows the total assets and liabilities of the Foundation since 2007.
Figure 1
Total Assets and Liabilities by Year
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Figure 2
Income and Expenses, Fiscal Year Ending September 30, 2011
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The Foundation's revenue generated by investments and contributions from private donors provided the Foundation with $867,000 for the fiscal year 2011. This income was offset by unrealized market losses of $1.1 million as of fiscal year end. Subsequent to year end, the financial markets improved and the unrealized losses were reversed. Total expenses (Figure 2) of $1,095,310 represent grant making and program activities, as well as operating and fundraising expenses. The Foundation's financial statements are audited on an annual basis by independent auditors. Copies of the annual audit are available from the Foundation upon request.