2012 Financial Highights The Philadelphia Foundation Consolidated Statements of Financial Position ASSETS
Cash and Cash Equivalents
2012 $16,416,679
2011 $18,679,080
Contributions Receivable Prepaid Expenses and Other Assets Total Non-Endowment Investments Equities
23,399,108
23,643,919
105,852
69,090
$39,921,639
$42,392,089
6,527,673
8,970,725
Fixed Income Other
9,665,715 20,492,560
6,678,177 11,856,000
Cash and Cash Equivalents
99,000
99,000
$36,784,948
$27,603,902
126,975,401
116,837,551
69,472,401
66,211,871
Total Non-Endowment Investments Endowment Investments Equities Fixed Income
Cash Surrender Value of Life Insurance
452,453
Cash Equivalents Other
Total Endowment Investments Split-Interest Agreements
Property and Equipment
Total Assets
INVESTMENT MANAGERS Aberdeen Fund Managers Limited Access Capital Strategies Addison Clark Management, LLC American Funds Armstrong Shaw Artisan Partners, LP Canyon Capital Advisors, LLC Colchester Global Investors Dimensional Fund Advisors, LP
453,841
26,304,195
14,059,400
28,254,588
32,292,628
$251,459,038
$229,855,291
6,241,424
5,292,691
44,692
56,361
$334,451,741
$305,200,334
LIABILITIES AND NET ASSETS
2012
2011
$2,856,460
$626,291
1,049,163
1,161,304
Liabilities Under Split-Interest Agreements
1,985,960
1,770,840
Liabilities Under Agency Accounts
6,960,642
5,860,743
210,871
241,429
$13,063,096
$9,660,607
236,149,798
216,588,260
27,002,098
31,519,970
4,860,683
4,438,829
$268,012,579
$252,547,059
52,697,813
42,385,538
678,253
607,130
321,388,645
295,539,727
$334,451,741
$305,200,334
LIABILITIES
Accounts Payable and Accrued Liabilities Grants Payable
Deferred Rent
Total Liabilities
NET ASSETS Unrestricted For Grant Endowments For Grantmaking
For Administrative Endowment and Operations Total Unrestricted Temporarily Restricted Permanently Restricted
Total Net Assets Total Liabilities and Net Assets
The endowment assets of TPF, Inc., are managed by: Eagle Capital Management, LLC Focused Investors, LLC Forester Partners, LP Gryphon International Investment Corp. Hoplite Capital Management, LLC Lansdowne Partners Limited Metropolitan Real Estate Equity Mgmt., LLC Perennial Capital Management, LLC Philadelphia International Advisors PIMCO
Post Advisory Group Sanderson Asset Management, Inc. Tiger Consumer Management, LLC Van Eck Global Watershed Asset Management, LLC William Blair & Co. 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