The Henry M. Jackson Foundation is a public charity. It had total assests of $15.8 million as of fiscal year end 2008, built over the years by private contributions from donors and a generous Congressional appropriation. The Foundation's assets have declined during the current fiscal year from $22.3 million last year. This decrease is due to financial market conditions and is largely a result of $5.9 million in unrealized losses on investments (Figure 2). Figure 1 shows the total assets and liabilities of the Foundation since 2004.

 

 

 

The Foundation's investsments generated generated $1,679,555 of interest, dividends and realized gains. This combined with $57,431 of contributions from private donors provided the Foundation with $1,736,986 for the fiscal year 2008. Total expenses (Figure 2) of $2.4 million represent grantmaking and program activities, as well as operating and fundraising expenses. Expenses for the fiscal year 2008 are consistent with the budget and with foundation standards nationally. 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.