SUMMARY OF FINANCES
|
2017 |
2016 |
ASSETS |
|
|
Investments |
1,037,755,491 |
913,884,523 |
Receivables |
2,902,705 |
2,753,431 |
Other Assets |
2,151,879 |
647,440 |
Total Assets |
1,042,810,075 |
917,285,394 |
LIABILITIES AND NET ASSETS |
|
|
Grants and Other Payables |
29,210,885 |
29,769,713 |
Other Liabilities |
6,546,003 |
6,140,282 |
Net Assets |
1,007,053,187 |
881,375,399 |
Total Liabilities and Net Assets |
1,042,810,075 |
917,285,394 |
REVENUES |
|
|
Contributions |
16,689,982 |
13,601,126 |
Other Revenue |
1,517,047 |
859,389 |
Total Revenues |
18,207,029 |
14,460,515 |
GRANTS AND EXPENSES |
|
|
Grants* |
33,482,977 |
33,363,605 |
Program Support and Foundation-administered Projects |
3,448,363 |
3,368,973 |
Operating Expenses |
7,481,152 |
7,892,606 |
Other Expenses |
376,200 |
101,950 |
Total Grants and Expenses |
44,846,506 |
44,727,134 |
TOTAL INVESTMENT RETURN |
153,202,527 |
56,596,355 |
TOTALÂ ASSETS |
|
|
Beginning of the Year |
917,285,394 |
888,320,069 |
End of Year |
1,042,810,075 |
917,285,394 |
* Includes grants from agency endowments
For a complete copy of the audited report of the Hartford Foundation’s finances for 2017, visit our website at hfpg.org/audit or contact the Finance department at 860-548-1888. To view a copy of our tax return (IRS Form 990), visit guidestar.org or contact the Foundation.